Quarterly ResultJul 24, 2026, 06:52 AM
GrafTech Q2 Net Sales $127M, Net Loss $40M; Volume Up 8%
AI Summary
GrafTech International Ltd. reported mixed financial results for the second quarter of 2026, with net sales decreasing 3% year-over-year to $127 million, primarily due to lower realized pricing. Despite this, the company significantly reduced its net loss to $40 million from $87 million in the prior year's quarter, and sales volume increased by 8% year-over-year. GrafTech reaffirmed its full-year sales volume growth forecast of 5-10% and expects a low single-digit percentage-point decline in cash cost of goods sold per MT, driven by strategic pricing actions and operational efficiencies.
Key Highlights
- Q2 2026 net sales decreased 3% year-over-year to $127 million.
- Reported a net loss of $40 million, or $1.54 per share, an improvement from $87 million loss in Q2 2025.
- Sales volume increased 8% year-over-year to 30.8 thousand metric tons.
- Adjusted EBITDA was $2 million, down from $3 million in Q2 2025.
- Weighted-average realized price was $3,900 per MT, a 7% decrease year-over-year.
- Total liquidity stood at $253 million as of June 30, 2026.
- Reaffirmed full-year sales volume growth expectation of 5-10% and low single-digit cash cost of goods sold decline.
- Secured customer commitments at weighted-average prices over 15% above Q1 2026 comparable commitments.
Price Impact
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