---
title: "Westlake Corp 1Q 2026: Revenue $2.65B, Net income ($169M), EPS ($1.31) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285418329.md"
description: "Westlake Corp reported Q1 2026 results with revenue of $2.65B, down 6.8% from $2.85B a year ago. The company faced a net loss of $169M, compared to a $40M loss in the prior year. Key factors included lower volumes and prices in PVC and related products, alongside increased costs from geopolitical issues. The company also accrued a $67M settlement related to PVC pipe antitrust matters. Operationally, they completed the ACI acquisition and optimized their footprint with plant closures in North America and Europe."
datetime: "2026-05-06T17:51:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285418329.md)
  - [en](https://longbridge.com/en/news/285418329.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285418329.md)
---

# Westlake Corp 1Q 2026: Revenue $2.65B, Net income ($169M), EPS ($1.31) — 10-Q Summary

Westlake Corp reported first-quarter 2026 results with net sales of $2.65B, a decline from $2.85B a year earlier, and a net loss attributable to the company of $169M (loss per share $1.31) versus a $40M loss (loss per share $0.31) in the prior-year quarter.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$2.65B

$2.85B

(6.8%)

Net income²

($169M)

($40M)

(322.5%)

Diluted EPS³

($1.31)

($0.31)

(322.6%)

_¹ Reported as “Net sales”. ² Reported as “Net loss attributable to Westlake Corporation”. ³ Reported as “Loss per common share attributable to Westlake Corporation”._

**Business Highlights**

-   Revenue trend: Net sales declined 7% YoY to $2.65B in Q1 2026 driven by lower volumes and prices across PVC, caustic soda, chlorine and building products.
-   Channel & product mix: HIP volumes rose 2% led by pipe/fittings and compounds following the ACI acquisition, while PEM volumes fell 8% due to declines in PVC and essential materials.
-   Operational milestones: Completed ACI/Perplastic acquisition in January 2026 and continued footprint optimization with North American and European plant closures.
-   Cost & supply dynamics: Higher fuel and logistics costs from Middle East geopolitical volatility weighed on costs; lower ethane feedstock benefited North American margins.
-   Legal/operational impact: The company accrued a $67M settlement related to PVC pipe antitrust matters, affecting HIP margins and cash liabilities in the quarter.

Original SEC Filing: WESTLAKE CORP \[ WLK \] - 10-Q - May. 06, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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