GrafTech tops Q2 revenue expectations

GrafTech International

24/07/2026 12:00

    

    Overview
  
U.S. graphite electrode maker's Q2 sales volume rose 8% yr/yr
Net sales fell 3% yr/yr, but beat analyst expectations as higher volume was offset by lower realized pricing
Company reaffirmed full-year volume and cost expectations, citing strategic pricing actions

    

    Outlook
  
GrafTech expects 2026 graphite electrode sales volume to rise 5–10% year-over-year
Company anticipates a low single-digit percentage-point decline in cash cost of goods sold per MT for 2026
GrafTech expects 2026 capital expenditures to be about $35 mln

    

    Result Drivers
  
HIGHER SALES VOLUME - Co said Q2 sales volume rose 8% yr/yr, reflecting solid customer demand and disciplined commercial execution
LOWER REALIZED PRICING - Net sales fell as higher volume was more than offset by a 7% yr/yr decline in weighted-average realized price due to competitive pressures
FAVORABLE SALES MIX - Strong U.S. sales volume growth partially mitigated overall pricing pressure, as U.S. remains the strongest region for graphite electrode pricing

    
Company press release: ID:nBw5GWLmfa

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
Beat
$127.36 mln
$125 mln (3 Analysts)
Q2 Adjusted Loss Per Share
Beat
$1.47
$1.65 (1 Analyst)
Q2 Loss Per Share
 
$1.54
 
Q2 Adjusted Net Loss
Beat
$38.58 mln
$43 mln (1 Analyst)
Q2 Net Loss
 
$40.47 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
Wall Street's median 12-month price target for GrafTech International Ltd is $7.00, about 1.4% above its July 23 closing price of $7.10

    

    Reuters Recommended Reads
  
July 23 - Cleveland-Cliffs Q2 revenue slightly beats estimates, loss narrows on higher demand, prices
July 22 - Sweden's SSAB Q2 revenue and profit rise on higher prices, shipments
July 23 - Global steel output rose 1.7 % yr/yr in June, says WorldSteel

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)