Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 169,728	$ 179,829
Accounts receivable, net	441,167	417,157
Inventories
Raw materials and supplies	128,739	124,751
Work-in-process and finished goods	153,769	141,025
Prepaid expenses and other current assets	59,196	58,428
Total current assets	952,599	921,190
Property, plant and equipment, at cost	611,149	604,787
Less: Accumulated depreciation	(299,727)	(291,364)
Property, plant and equipment, net	311,422	313,423
Right-of-use lease assets	38,534	38,737
Goodwill	502,005	501,720
Other intangible assets, net	847,994	873,540
Investments in associated companies	106,192	106,915
Deferred tax assets	12,182	12,128
Other non-current assets	30,999	30,283
Total assets	2,801,927	2,797,936
Current liabilities
Short-term borrowings and current portion of long-term debt	37,301	35,657
Accounts payable	205,386	198,929
Dividends payable	8,822	8,804
Accrued compensation	30,299	41,192
Accrued restructuring	9,482	8,351
Accrued pension and postretirement benefits	2,119	2,126
Other accrued liabilities	95,086	85,097
Total current liabilities	388,495	380,156
Long-term debt	837,132	834,901
Long-term lease liabilities	22,134	22,759
Deferred tax liabilities	131,922	140,814
Non-current accrued pension and postretirement benefits	20,191	20,615
Other non-current liabilities	22,902	22,192
Total liabilities	1,422,776	1,421,437
Commitments and contingencies (Note 18)
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding March 31, 2026 – 17,365,508 shares; December 31, 2025 – 17,331,779 shares	17,366	17,332
Capital in excess of par value	876,213	874,826
Retained earnings	607,463	596,616
Accumulated other comprehensive loss	(125,359)	(115,661)
Total Quaker shareholders’ equity	1,375,683	1,373,113
Noncontrolling interest	3,468	3,386
Total equity	1,379,151	1,376,499
Total liabilities and equity	$ 2,801,927	$ 2,797,936