| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 125.10 | 11.9% |
| Total Income | 125.10 | 11.9% |
| Expenditure | 155.76 | 19.8% |
| PBT | -41.97 | 9.9% |
| Net Profit | -43.28 | 10.0% |
| OPM | -24.51% | 8.23pp |
| NPM | -34.59% | 0.59pp |
| EPS | -1.66 | 1006.7% |
GrafTech Reports Q1 2026 Results: Net Sales Up 12% Y-o-Y
03 May 2026 · 3 May, 5:18 pm
Summary
GrafTech International Ltd. reported a 12% increase in net sales for Q1 2026, reaching $125 million, driven by a 14% increase in sales volume. The company experienced a net loss of $43 million, or $1.66 per share. Adjusted EBITDA was negative $14 million for the quarter. Management is implementing price increases and supporting trade cases to restore sustainable market dynamics and improve profitability, while also focusing on cost management and maintaining a strong liquidity position of $329 million.
Key Highlights
- 1
GrafTech's sales volume for Q1 2026 increased by 14% year-over-year to 28.1 thousand MT.
- 2
Net sales for the first quarter of 2026 were $125 million, a 12% increase compared to the first quarter of 2025.
- 3
The company reported a net loss of $43 million, or $1.66 per share, for Q1 2026.
- 4
Adjusted EBITDA for the first quarter of 2026 was negative $14 million.
- 5
As of March 31, 2026, GrafTech had total liquidity of $329 million.
- 6
The company expects a 5–10% year-over-year increase in graphite electrode sales volume for 2026.
Management Comments
Timothy Flanagan
"We delivered 14% year-over-year sales volume growth in the first quarter and remain on track to meet our full-year volume expectation," said Timothy Flanagan, Chief Executive Officer and President. "However, supply-side imbalance, driven by overcapacity that has been built in both China and India, translates into a current pricing environment that remains unsustainably weak. Our focus on commercial execution and disciplined cost management, combined with our $329 million liquidity position, allows us to maintain stability while we take actions to address these conditions." "We are taking decisive steps to restore more sustainable market dynamics and support the long-term viability of our business and our industry," continued Mr. Flanagan. "These include implementing price increases on uncommitted volume and actively supporting trade cases in key jurisdictions. We believe these actions are necessary to correct market imbalances. We remain committed to providing reliable supply to our customers while improving our financial performance and delivering long-term shareholder value."
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