GrafTech Q2 sales volume up 8%, net sales down 3%; net loss narrows to $40 million
GrafTech reported second-quarter 2026 net sales of $127 million, down 3% from a year earlier, while sales volume rose 8% to 30.8 thousand metric tons. The net loss narrowed to $40 million, or $1.54 per share, from $87 million, or $3.35 per share, in the second quarter of 2025, though that prior-year period included a $43 million non-cash tax charge. The company reaffirmed its full-year 2026 volume growth target of 5% to 10%, but adjusted EBITDA fell to $2 million from $3 million a year earlier.
Key points
- Net sales of $127 million, down 3% from $132 million in Q2 2025; weighted-average realized price of about $3,900 per MT, down 7% year over year
- Net loss of $40 million, or $1.54 per share, versus $87 million, or $3.35 per share, in Q2 2025, which included a $43 million non-cash income tax expense
- Adjusted EBITDA of $2 million versus $3 million in Q2 2025; adjusted free cash flow of negative $75 million
- Total liquidity of $253 million at June 30, 2026; gross debt of $1,225 million; full-year 2026 sales volume growth of 5% to 10% reaffirmed
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.