NASDAQ$GSM

Ferroglobe Plc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Ferroglobe posts $311.7M Q3 sales as weak demand and import pressure cut volumes 19% quarter-over-quarter

Ferroglobe reported third quarter 2025 sales of $311.7 million, down 19.4% sequentially and 28.1% year over year, as weaker demand across silicon metal, silicon-based alloys and manganese-based alloys weighed on volumes despite modest price increases. The company posted a net loss attributable to the parent of $12.8 million, or $(0.07) per diluted share, compared with a $(0.06) loss in Q2, while adjusted diluted EPS improved to $(0.02) from $(0.08). Adjusted EBITDA was $18.3 million versus $21.6 million in the prior quarter. Management highlighted progress on the preliminary U.S. silicon metal trade case and an expected final EU safeguard decision, while total cash stood at $121.5 million and net debt was $5.2 million at September 30.

  • Q3 sales fell to $311.7M from $386.9M in Q2 as shipment volumes declined across all three product categories
  • Net loss attributable to the parent was $12.8M with adjusted diluted EPS of $(0.02), better than Q2's $(0.08)
  • Adjusted EBITDA was $18.3M; operating cash flow was $20.8M and free cash flow was $1.6M
  • Total cash was $121.5M and net debt was $5.2M; the company declared a $0.014 per share dividend payable December 29
  • Management expects U.S. and EU trade measures to support a more favorable 2026 while Coreshell began pilot battery shipments to OEMs

Headline financials

Total Revenue

$312M

Previous: $434M-28.1%
EPS (adj)

-$0.02

Previous: $0.11-118.2%
Adjusted EBITDA

$18.3M

No prior period
Operating cash flow

$20.8M

No prior period
Free Cash Flow

$1.6M

No prior period
Net Income

-$12.8M

Previous: $18.8M-168.1%
Operating Income

-$2M

Previous: $40.6M-104.9%
Cash & Equivalents

$122M

No prior period

Revenue & EPS history

Ferroglobe · Revenue · Quarterly

$312M

Q3 2025-28.1%vs Q3 2024
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Revenue by segment

Ferroglobe · $276M total across 3 segments · Q3 2025

  • Silicon Metal
    $99M
  • Silicon-Based Alloys
    $92.3M
  • Manganese-Based Alloys
    $84.4M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.8%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+1.1%

Avg return

30 days after

60%

31 / 52 earnings

Positive

+31.3%

Q4 2018

Best reaction

-61.9%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-16.1%-12.8%-12.6%
Q4 2025+4.4%+2.1%-22.4%
Q3 2025-8.2%-17.5%+3.3%
Q2 2025+9.5%-2.7%+5.9%
Q1 2025+2.4%+17.3%+20.8%
Q4 2024-5.0%-6.0%+0.0%
Q3 2024+1.9%-2.1%+0.0%
Q2 2024-1.0%-4.9%-11.5%
Q1 2024+9.9%+10.6%-0.2%
Q3 2023+3.8%-2.2%+34.9%
Q2 2023+6.4%+15.7%+12.8%
Q1 2023+3.4%+11.4%+21.3%
Q4 2022+15.6%+13.3%+2.5%
Q3 2022-19.3%-22.0%-38.4%
Q2 2022+7.9%+3.9%+3.8%
Q1 2022+13.9%+23.7%+27.4%
Q4 2021+19.8%+15.4%+7.9%
Q3 2021-7.1%-11.6%-16.6%
Q2 2021+8.7%+29.2%+33.9%
Q1 2021+6.2%+4.6%+27.3%
Q4 2020-10.7%-14.7%+1.1%
Q3 2020+22.3%+48.4%+68.8%
Q2 2020-2.7%-13.7%+31.4%
Q1 2020-6.0%-15.7%-38.6%
Q4 2019-7.8%-31.2%-46.2%
Q3 2019+8.5%+21.9%+46.9%
Q2 2019-8.4%-6.9%-25.2%
Q1 2019+4.1%+10.8%+20.9%
Q4 2018+31.3%+30.3%-2.4%
Q3 2018-61.9%-53.2%-65.3%
Q2 2018-2.9%+2.1%+3.6%
Q1 2018+7.7%-5.8%-16.9%
Q4 2017+4.6%+7.9%-30.6%
Q3 2017-2.3%-1.2%+0.1%
Q2 2017-4.3%+4.2%-4.6%
Q1 2017+8.7%+16.8%+14.0%
Q4 2016+7.3%+2.7%-1.4%
Q3 2016+1.6%-0.3%-0.3%
Q2 2016-16.0%-14.7%-11.5%
Q1 2016+0.9%
Q4 2015+1.0%
Q3 2015+10.4%
Q2 2015-4.7%
Q1 2015+0.2%
Q4 2014+6.3%
Q3 2014+2.2%
Q2 2014+4.0%
Q1 2014-0.9%
Q4 2013+2.6%
Q3 2013-4.0%
Q2 2013-0.6%
Q1 2013-6.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro