Westlake Q2 net income $260 million, or $2.01 a share, vs. year-earlier loss
Westlake reported second quarter 2026 net sales of $3.3 billion and net income attributable to the company of $260 million, or $2.01 per diluted share, compared with a net loss of $142 million in the same quarter of 2025. The company said higher polyethylene and PVC resin prices in its Performance and Essential Materials segment and its profitability improvement plan drove the gain, and that it retired $500 million of senior notes.
Key points
- Net sales were $3,271 million, up from $2,953 million in the second quarter of 2025.
- Diluted EPS was $2.01, compared with a loss of $1.11 per share a year earlier and a loss of $1.31 in the first quarter of 2026.
- EBITDA excluding identified items was $679 million, versus $340 million in the second quarter of 2025.
- The company redeemed about $500 million of 3.60% 2026 Senior Notes and reported cash, investments and fixed-income securities of $1.9 billion and total debt of $5.1 billion as of June 30, 2026.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.