Quaker Houghton, the global leader in industrial process fluids, announced its financial results for the third quarter ended September 30, 2025. The company delivered solid performance in the quarter, driven by disciplined execution, new business wins, and continued momentum in Asia/Pacific.

Net sales for the third quarter were $493.8 million, an increase of 7 per cent compared with $462.3 million in the same period of 2024. The growth was primarily driven by a 3 per cent increase in organic sales volumes, contributions from recent acquisitions of approximately 5 per cent, and a favorable impact from foreign currency translation of 1 per cent, partially offset by a 2 per cent decrease in selling price and product mix. Organic volume growth was achieved across all regions, led by a notable 8 per cent increase in the Asia/Pacific segment. The volume increase reflects strong new business wins globally, which helped offset ongoing softness in underlying end markets, particularly in the Americas and EMEA.

The company reported net income of $30.5 million as compared with $32.3 million for the third quarter of 2024. On a non-GAAP basis, which excludes non-core and non-recurring items, net income was $36.3 million, or $2.08 per diluted share, representing a year-over-year increase of 10 per cent. Adjusted EBITDA totaled $82.9 million, an improvement of 5 per cent compared to $78.6 million in the prior-year quarter, reflecting higher net sales and stable operating margins. The Company also generated $51.4 million of operating cash flow in the quarter and further improved its balance sheet, reducing its net leverage ratio to 2.4x.

Commenting on the results, Joe Berquist, Chief Executive Officer and President, said, “The third quarter demonstrated the strength and resilience of our business. Despite a softer demand environment, we delivered meaningful growth in sales and adjusted earnings, supported by strong commercial execution and momentum across our strategic initiatives. Our focus on converting pipeline opportunities, enhancing operational efficiency, and managing costs continues to drive competitive advantage. Strong cash generation enabled us to further strengthen the balance sheet and return capital to shareholders through dividends and share repurchases.”

Berquist continued, “We expect the current market softness to persist through year end, along with normal seasonal trends. However, our ongoing commercial wins, strong positioning in Asia/Pacific, and continued execution of productivity programs give us confidence in delivering year-over-year revenue and earnings growth in the fourth quarter. We are building momentum to support sustained, above-market growth in 2026 and beyond.”