Filing Flows › Graftech International (EAF) › Q2 2026
Graftech International (EAF) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 24, 2026
Graftech International (EAF) reported revenue of $127M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +2% from the quarter before. Operating margin was -11.4%, net loss $40.5M (31.8% of revenue).
Graftech International, Q2 2026: revenue $127M (-3% year over year), operating margin -11.4%, net loss $40.5M, operating cash flow −$68.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $127M | +2% | -3% |
| Operating profit | −$14.6M | — | — |
| Net earnings | −$40.5M | — | — |
| Operating cash flow | −$68.6M | — | — |
What changed
Revenue was $127.4M in Q2 2026, down 3% year over year and up 2% from the previous quarter. Graphite Electrodes was the largest line at 93% of revenue. By-products and other lost $3.9M year over year (down 32%), 88% of the total change.
Operating costs exceeded revenue by $14.6M, an operating margin of -11.4%. The fastest-growing cost line was Research & development (+14%). The quarter ended with a net loss of $40.5M, narrower than the previous quarter's $43.3M loss. Net interest and other expense of $24.2M was the main reason.
Operating cash flow was −$68.6M. Non-cash charges added back $14.9M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $44.1M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$75.5M.
Questions
What was Graftech International's revenue in the second quarter 2026?
Graftech International (EAF) reported revenue of $127M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +2% from the quarter before.
Was Graftech International profitable in the second quarter 2026?
Operating loss was $14.6M (-11.4% of revenue) and net loss $40.5M.