Filing Flows › Graftech International (EAF) › Q1 2026
Graftech International (EAF) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Graftech International (EAF) reported revenue of $125M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +7% from the quarter before. Operating margin was -24.5%, net loss $43.3M (34.6% of revenue).
Graftech International, Q1 2026: revenue $125M (+12% year over year), operating margin -24.5%, net loss $43.3M, operating cash flow −$14.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $125M | +7% | +12% |
| Operating profit | −$30.7M | — | — |
| Net earnings | −$43.3M | — | — |
| Operating cash flow | −$14.9M | — | — |
What changed
Revenue was $125.1M in Q1 2026, up 12% year over year and up 7% from the previous quarter. Graphite Electrodes was the largest line at 87% of revenue. Graphite Electrodes added $7.0M year over year (up 7%), 53% of the total change.
Operating costs exceeded revenue by $30.7M, an operating margin of -24.5%. Total costs grew 20% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+23%). The quarter ended with a net loss of $43.3M, narrower than the previous quarter's $65.1M loss.
Operating cash flow was −$14.9M. Non-cash charges added back $15.0M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $11.5M. Capital expenditures of $12.1M exceeded it, leaving free cash flow of −$27.1M.
Questions
What was Graftech International's revenue in the first quarter 2026?
Graftech International (EAF) reported revenue of $125M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +7% from the quarter before.
Was Graftech International profitable in the first quarter 2026?
Operating loss was $30.7M (-24.5% of revenue) and net loss $43.3M.