Quarterly ResultOct 23, 2026, 12:06 PM
GrafTech International Reports Q3 Net Loss of $46.8M on Lower Revenue
AI Summary
GrafTech International Ltd. reported a net loss of $46.8 million for the third quarter of 2026, an increase from the $28.5 million net loss in the same period of 2025. Revenue for the quarter decreased to $140.2 million from $144.0 million year-over-year. The company also reported an increase in long-term debt to $1.2 billion and significant cash used in operating activities. Restructuring charges contributed to the financial results.
Key Highlights
- GrafTech International reported a net loss of $46.8 million for Q3 2026, compared to a net loss of $28.5 million in Q3 2025.
- Revenue for Q3 2026 was $140.2 million, a decrease from $144.0 million in Q3 2025.
- Net sales of graphite electrodes were $120.4 million in Q3 2026, down from $132.9 million in Q3 2025.
- The company's long-term debt increased to $1,200.6 million as of September 30, 2026, from $1,094.7 million as of December 31, 2025.
- Cash used in operating activities for the nine months ended September 30, 2026, was $92.0 million, compared to $60.7 million for the same period in 2025.
- Restructuring and other exit charges of $13.9 million were recorded in Q3 2026.
- Total assets decreased to $1,022.4 million as of September 30, 2026, from $1,028.8 million as of December 31, 2025.
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