NYSE$EAF
GrafTech International Ltd. · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
GrafTech reported Q2 2025 results with sales volume growth but continued net losses amid pricing pressures.
GrafTech International Ltd. announced unaudited financial results for the quarter ended June 30, 2025, showing net sales of $132 million and a net loss of $87 million. Sales volume increased 12% year-over-year to 28.6 thousand MT, supported by cost reduction efforts, while adjusted EBITDA was $3 million. The company highlighted progress on volume growth and cost initiatives despite challenging pricing.
- Sales volume grew 12% YoY to 28.6k MT, highest since Q3 2022, with US volume up 38%.
- Net sales $132M (down 4% YoY) due to lower realized prices, offset partially by volume.
- Net loss $87M ($0.34/share) including $43M non-cash tax valuation allowance; adjusted loss $0.16/share.
- Total liquidity $367M; cash costs per MT down 13% YoY; positive EBITDA achieved.
Headline financials
Revenue & EPS history
GrafTech · Revenue · Quarterly
$132M
Forward guidance
Expect ~10% YoY sales volume growth for full year 2025; 7-9% decline in cash costs per MT; capex ~$40M; focus on US mix and pricing actions.
Tailwinds
- Strong volume growth trajectory and market share gains in US.
- Exceeding cost reduction targets.
- Positive EBITDA and liquidity position.
Headwinds
- Persistent low pricing environment.
- Net losses continue due to pricing and one-time items.
- Challenging commercial dynamics in most regions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-4.0%
Avg return
Earnings day
-4.9%
Avg return
5 days after
-3.1%
Avg return
30 days after
39%
13 / 33 earnings
Positive
+14.3%
Q4 2020
Best reaction
-46.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -1.7% | +11.2% | +15.6% | |
| Q4 2025 | -46.2% | -51.7% | -62.8% | |
| Q3 2025 | -1.9% | -24.7% | -30.0% | |
| Q1 2025 | +7.8% | -3.1% | +59.3% | |
| Q4 2024 | -9.4% | -31.5% | -22.1% | |
| Q3 2024 | +3.9% | +2.4% | -7.2% | |
| Q2 2024 | -3.5% | -8.9% | -13.0% | |
| Q1 2024 | +3.1% | +3.7% | +10.6% | |
| Q4 2023 | +7.6% | +5.3% | +26.5% | |
| Q3 2023 | -23.6% | -28.9% | -22.1% | |
| Q2 2023 | -21.8% | -15.7% | -31.5% | |
| Q1 2023 | -9.9% | -14.0% | -5.7% | |
| Q4 2022 | -16.2% | -17.9% | -12.3% | |
| Q3 2022 | -3.1% | -10.5% | +7.6% | |
| Q2 2022 | -13.0% | -11.6% | -25.6% | |
| Q1 2022 | -8.9% | -13.0% | -2.0% | |
| Q4 2021 | -12.6% | -8.0% | -13.2% | |
| Q3 2021 | +12.7% | +11.4% | +5.6% | |
| Q2 2021 | -6.6% | -0.3% | -4.1% | |
| Q1 2021 | -2.0% | -6.2% | -2.0% | |
| Q4 2020 | +14.3% | +20.4% | +11.8% | |
| Q3 2020 | -9.3% | +0.3% | +39.2% | |
| Q2 2020 | +9.3% | +9.3% | +1.9% | |
| Q1 2020 | -14.3% | -14.8% | +11.5% | |
| Q4 2019 | -5.6% | -5.4% | -31.9% | |
| Q3 2019 | +2.2% | +8.6% | -3.0% | |
| Q2 2019 | -1.6% | -5.3% | +9.0% | |
| Q1 2019 | +2.2% | +6.7% | -13.4% | |
| Q4 2018 | +0.8% | +7.6% | -5.8% | |
| Q3 2018 | -0.6% | -4.3% | -13.6% | |
| Q2 2018 | +0.4% | -2.5% | -15.6% | |
| Q4 2017 | +8.3% | +14.0% | +18.6% | |
| Q1 2018 | +8.3% | +14.0% | +18.6% | |
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