GrafTech reports $47 million loss as sales fall 3%
Key points
- GrafTech International reported third-quarter 2026 net sales of $140 million, down 3% year over year, and a net loss of $47 million.
- Sales volume remained flat at 28,800 metric tons, while adjusted EBITDA was $9 million and adjusted free cash flow was negative $16 million.
- GrafTech announced plans to close its Monterrey, Mexico, manufacturing facility, which the company expects to generate $20 million to $25 million in annual cash cost savings.
GrafTech International (NYSE:EAF) reported third-quarter 2026 net sales of $140 million, down 3% year over year, and a net loss of $47 million, or $1.76 per share.
Sales volume remained flat at 28,800 metric tons compared with the third quarter of 2025, while the company reported a net loss for the quarter.
Adjusted EBITDA, a non-GAAP measure of operating performance, totaled $9 million, while net cash used in operating activities was $8 million and adjusted free cash flow was negative $16 million.
GrafTech expects the planned Monterrey manufacturing facility closure to generate annual cash cost savings of $20 million to $25 million.
The company ended September 30, 2026, with total liquidity of $242 million, including $134 million in cash and cash equivalents, providing a snapshot of its available financial resources.
GrafTech manufactures graphite and carbon-based products, including graphite electrodes used in electric arc furnace steelmaking, and its results are influenced by industrial demand, production costs and steel market conditions.
