Filing Flows › Graftech International (EAF) › Q3 2025
Graftech International (EAF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 24, 2025
Graftech International (EAF) reported revenue of $144M for the third quarter 2025 (Q3 2025), +10% from a year earlier and +9% from the quarter before. Operating margin was -3.6%, net loss $28.5M (19.8% of revenue).
Graftech International, Q3 2025: revenue $144M (+10% year over year), operating margin -3.6%, net loss $28.5M, operating cash flow $24.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $144M | +9% | +10% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$28.5M | — | — |
| Operating cash flow | $24.7M | — | +4% |
| Free cash flow | $18.4M | — | -7% |
What changed
Revenue was $144.0M in Q3 2025, up 10% year over year and up 9% from the previous quarter. Graphite Electrodes was the largest line at 92% of revenue. Graphite Electrodes added $13.0M year over year (up 11%), 98% of the total change.
Gross margin was 7.2%. Operating costs exceeded revenue by $5.1M, an operating margin of -3.6%. The fastest-growing cost line was Research & development (+32%). The quarter ended with a net loss of $28.5M, narrower than the previous quarter's $86.9M loss. Net interest and other expense of $23.3M was the main reason.
Operating cash flow was $24.7M (up 4% year over year). Non-cash charges added back $16.5M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $35.7M. After capital expenditures ($6.3M), free cash flow as the company reports it was $18.4M.
Questions
What was Graftech International's revenue in the third quarter 2025?
Graftech International (EAF) reported revenue of $144M for the third quarter 2025 (Q3 2025), +10% from a year earlier and +9% from the quarter before.
Was Graftech International profitable in the third quarter 2025?
Operating loss was $5.1M (-3.6% of revenue) and net loss $28.5M.