CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 179,829	$ 188,880
Accounts receivable, net	417,157	400,126
Inventories	265,776	227,472
Prepaid expenses and other current assets	58,428	59,939
Total current assets	921,190	876,417
Property, plant and equipment, net	313,423	229,532
Right-of-use lease assets	38,737	34,120
Goodwill	501,720	518,894
Other intangible assets, net	873,540	827,098
Investments in associated companies	106,915	98,012
Deferred tax assets	12,128	9,216
Other non-current assets	30,283	17,360
Total assets	2,797,936	2,610,649
Current liabilities
Short-term borrowings and current portion of long-term debt	35,657	37,554
Accounts payable	198,929	198,137
Dividends payable	8,804	8,572
Accrued compensation	41,192	50,212
Accrued restructuring	8,351	2,297
Accrued pension and postretirement benefits	2,126	2,328
Other accrued liabilities	85,097	80,668
Total current liabilities	380,156	379,768
Long-term debt	834,901	669,614
Long-term lease liabilities	22,759	20,028
Deferred tax liabilities	140,814	138,828
Non-current accrued pension and postretirement benefits	20,615	23,783
Other non-current liabilities	22,192	24,445
Total liabilities	1,421,437	1,256,466
Commitments and contingencies (Note 25)
Equity
Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2025 – 17,331,779 shares; 2024 – 17,673,607 shares	17,332	17,674
Capital in excess of par value	874,826	903,781
Retained earnings	596,616	633,731
Accumulated other comprehensive loss	(115,661)	(201,619)
Total Quaker shareholders’ equity	1,373,113	1,353,567
Noncontrolling interest	3,386	616
Total equity	1,376,499	1,354,183
Total liabilities and equity	$ 2,797,936	$ 2,610,649