Filing Flows › Graftech International (EAF) › Q1 2025
Graftech International (EAF) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 25, 2025
Graftech International (EAF) reported revenue of $112M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -17% from the quarter before. Operating margin was -16.3%, net loss $39.4M (35.2% of revenue).
Graftech International, Q1 2025: revenue $112M (-18% year over year), operating margin -16.3%, net loss $39.4M, operating cash flow −$32.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $112M | -17% | -18% |
| Operating profit | −$18.2M | — | — |
| Net earnings | −$39.4M | — | — |
| Operating cash flow | −$32.2M | — | — |
What changed
Revenue was $111.8M in Q1 2025, down 18% year over year and down 17% from the previous quarter. Graphite Electrodes was the largest line at 91% of revenue. Graphite Electrodes lost $22.7M year over year (down 18%), 92% of the total change.
Operating costs exceeded revenue by $18.2M, an operating margin of -16.3%. Total costs fell 18% while revenue fell 18%. The fastest-growing cost line was Research & development (+15%). The quarter ended with a net loss of $39.4M, narrower than the previous quarter's $49.5M loss. Net interest and other expense of $28.4M was the main reason.
Operating cash flow was −$32.2M. Non-cash charges added back $13.8M of depreciation and amortization and $580K of share-based compensation. Working capital and other items used $7.2M. Capital expenditures of $10.3M exceeded it, leaving free cash flow of −$42.5M.
Questions
What was Graftech International's revenue in the first quarter 2025?
Graftech International (EAF) reported revenue of $112M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -17% from the quarter before.
Was Graftech International profitable in the first quarter 2025?
Operating loss was $18.2M (-16.3% of revenue) and net loss $39.4M.