{
  "url": "https://struct.news/briefs/westlakes-profit-rebound-came-with-a-smaller-cash-balance",
  "title": "Westlake’s profit rebound came with a smaller cash balance",
  "summary": "The company redeemed $496 million of senior notes in May, even as three-month gross profit more than doubled.",
  "published_at": "2026-08-05T18:32:40.776998+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Westlake Corporation",
    "ticker": "WLK",
    "cik": "1262823",
    "sector": "Basic Materials",
    "industry": "Specialty Chemicals"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001262823-26-000032",
    "url": "https://www.sec.gov/Archives/edgar/data/1262823/000126282326000032/wlk-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1262823/000126282325000052/wlk-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 11170000000,
      "display": "$11.2B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001262823-26-000032",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -8.00527096030308,
      "display": "-8.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001262823-26-000032",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -14.12712623097583,
      "display": "-14.1%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001262823-26-000032",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [
    {
      "type": "pricing",
      "statement": "Higher polyethylene and PVC resin prices were a primary contributor to the latest period’s gross-margin recovery.",
      "importance": "medium",
      "evidence": "The increase in gross profit margin in the second quarter of 2026, as compared to the second quarter of 2025 was primarily due to higher sales prices for polyethylene and PVC resin",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "WLK"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}