Sep 2026 (Q3 FY26) β Oct 23, 2026
GrafTech Q3 FY26 β Pricing Inflection and Manufacturing Optimization
Read the full callGrafTech (EAF) earnings
- Sep 2026
- Sep 2026 (Q3 FY26)
- Dec 2025
GrafTech earnings: last reported Fri, 23 Oct 2026, for the quarter ended Sep 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 140 | β2.7% YoY | Quarterly, as filed | Quarter to Sep 2026 | Revenue from operations as filed. |
| Operating margin | -16.2 | β12.6 pts YoY | Operating profit / revenue | Quarter to Sep 2026 | For the quarter; a change is in percentage points. |
| Net profit | -46.8 | Quarterly, as filed | Quarter to Sep 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$8.51 +14.23% Β· +$1.06
Performance β50.1% 1Y
1Y: $17.04 on 22 Oct 2025 β $8.51. High $18.01 (14 Jan 2026), low $5.23 (12 Mar 2026).
- Previous close
- $7.45
- 52-week range
- $5.23 β $18.01
- One year
- β51.04%
Overview
- Symbol
- EAF
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Call summaries
Jun 2026 (Q2 FY26) β Jul 24, 2026
GrafTech Q2 FY26 β Strong Volume Growth, Cost Reduction, and Strategic Pricing Traction
Read the full callEvery analysed call
GrafTech earnings calls (EAF)
Financials
What the filings say
Net profit, year on year: β64% (quarter to sep 2026 against sep 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 134 | 112 | 132 | 144 | 116 | 125 | 127 | 140 |
| Operating profit | -25 | -18 | -15 | -5 | -39 | -31 | -15 | -23 |
| Operating margin | β18.6% | β16.3% | β11.0% | β3.5% | β33.6% | β24.5% | β11.4% | β16.2% |
| Other income | -0 | -0 | 2 | -0 | 2 | 12 | -1 | 1 |
| Interest | 38 | 30 | 25 | 25 | 24 | 24 | 24 | 26 |
| Profit before tax | -61 | -47 | -36 | -28 | -60 | -42 | -39 | -47 |
| Tax rate | 19.5% | 15.5% | β143.5% | β0.3% | β8.9% | β3.1% | β4.4% | β0.2% |
| Net profit | -49 | -39 | -87 | -28 | -65 | -43 | -40 | -47 |
| EPS ($ per share) | β | -1.52 | -3.35 | -1.10 | β | -1.66 | -1.54 | -1.76 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | -1,893 | -1,452 | -1,071 | -733 | -402 | -662 | -793 | -1,013 |
| Total liabilities | 2,582 | 2,217 | 1,762 | 1,389 | 1,266 | 1,211 | 1,303 | 1,288 |
| Fixed assets | 514 | 513 | 506 | 501 | 519 | 522 | 483 | 490 |
| Total assets | 1,505 | 1,526 | 1,433 | 1,412 | 1,604 | 1,289 | 1,224 | 1,029 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 837 | 805 | 564 | 443 | 325 | 77 | -40 | -82 |
| Cash from investing | -67 | -64 | -36 | -58 | -72 | -54 | -34 | -38 |
| Cash from financing | -731 | -710 | -464 | -472 | -176 | 19 | 156 | -0 |
| Net cash flow | 38 | 32 | β | β | β | β | β | β |
| Capital expenditure | -68 | -64 | -36 | -58 | -72 | -54 | -34 | -39 |
| Free cash flow | 768 | 741 | 528 | 385 | 252 | 23 | -74 | -121 |
EAF operating KPIs by quarter
| KPI | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Production volume | 33K metric tons+Starting with our operations, our production volume exceeded 33,000 metric tons during the quarter, resulting in capacity utilization of 74%, the highest quarterly level we have achieved since 2022.Source: earnings call transcript | ~27K metric tonsProduction volume was approximately 27,000 metric tons during the quarter, an increase of 2% compared to the prior year quarter but a sequential decline of 19% from the second quarter of 2026.Source: earnings call transcript | β |
| Capacity utilization | 74%Starting with our operations, our production volume exceeded 33,000 metric tons during the quarter, resulting in capacity utilization of 74%, the highest quarterly level we have achieved since 2022.Source: earnings call transcript | 64%Our capacity utilization rate for the quarter was 64% compared to 63% in the third quarter of last year and 74% in the second quarter of 2026.Source: earnings call transcript | -10 pt |
| Weighted average realized pricing | ~$3,900During the second quarter, our weighted average realized pricing was approximately $3,900 per metric ton, which, as expected, was flat sequentially and down approximately 7% compared to the second quarter of last year.Source: earnings call transcript | ~$3,900Our weighted average realized pricing was approximately $3,900 per metric ton in the third quarter, essentially flat with the second quarter.Source: earnings call transcript | β |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
30 filings between Feb 25, 2026 and Sep 3, 2026.
Open market
decisions to buy or sellNobody bought or sold EAF on the open market in this window. The filings below are 17 option exercises and 13 tax withholdings.
Compensation
not trading decisions- 17
- Option exercise β converted options into shares
- 13
- Tax withheld β shares kept back by the company to cover tax
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 3, 2026 | O'Donnell Rory F. Chief Financial Officer & SVP | Option exercise | 6,171 | β |
| Sep 3, 2026 | O'Donnell Rory F. Chief Financial Officer & SVP | Tax withheld | 1,827 | $11.5K |
| Mar 12, 2026 | Clemens Jeremy Joseph VP, Operations | Tax withheld | 1,059 | $5.5K |
| Mar 12, 2026 | Renacci Andrew James CLO and Corp. Secy. | Option exercise | 1,800 | β |
| Mar 12, 2026 | Renacci Andrew James CLO and Corp. Secy. | Tax withheld | 526 | $2.8K |
| Mar 12, 2026 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 10,144 | β |
| Mar 12, 2026 | Flanagan Timothy K CEO and President | Option exercise | 15,284 | β |
| Mar 12, 2026 | Clemens Jeremy Joseph VP, Operations | Option exercise | 2,987 | β |
| Mar 12, 2026 | Flanagan Timothy K CEO and President | Tax withheld | 4,525 | $23.7K |
| Feb 25, 2026 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 1,395 | β |
| Feb 25, 2026 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 1,720 | β |
| Feb 25, 2026 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 11,576 | β |
| Feb 25, 2026 | Clemens Jeremy Joseph VP, Operations | Option exercise | 81 | β |
| Feb 25, 2026 | Clemens Jeremy Joseph VP, Operations | Tax withheld | 30 | $204 |
| Feb 25, 2026 | Clemens Jeremy Joseph VP, Operations | Option exercise | 571 | β |
| Feb 25, 2026 | Clemens Jeremy Joseph VP, Operations | Tax withheld | 203 | $1.4K |
| Feb 25, 2026 | Clemens Jeremy Joseph VP, Operations | Option exercise | 3,770 | β |
| Feb 25, 2026 | Clemens Jeremy Joseph VP, Operations | Tax withheld | 1,336 | $9.1K |
| Feb 25, 2026 | Flanagan Timothy K CEO and President | Option exercise | 1,047 | β |
| Feb 25, 2026 | Flanagan Timothy K CEO and President | Tax withheld | 311 | $2.1K |
| Feb 25, 2026 | Flanagan Timothy K CEO and President | Option exercise | 1,574 | β |
| Feb 25, 2026 | Flanagan Timothy K CEO and President | Tax withheld | 467 | $3.2K |
| Feb 25, 2026 | Flanagan Timothy K CEO and President | Option exercise | 18,000 | β |
| Feb 25, 2026 | Flanagan Timothy K CEO and President | Tax withheld | 5,328 | $36.3K |
| Feb 25, 2026 | Renacci Andrew James CLO and Corp. Secy. | Option exercise | 480 | β |
| Feb 25, 2026 | Renacci Andrew James CLO and Corp. Secy. | Tax withheld | 150 | $1.0K |
| Feb 25, 2026 | Renacci Andrew James CLO and Corp. Secy. | Option exercise | 7,944 | β |
| Feb 25, 2026 | Renacci Andrew James CLO and Corp. Secy. | Tax withheld | 2,472 | $16.8K |
| Feb 25, 2026 | O'Donnell Rory F. Chief Financial Officer & SVP | Option exercise | 9,808 | β |
| Feb 25, 2026 | O'Donnell Rory F. Chief Financial Officer & SVP | Tax withheld | 2,904 | $19.8K |
| Sep 3, 2025 | O'Donnell Rory F. Chief Financial Officer & SVP | Tax withheld | 1,874 | $17.1K |
| Sep 3, 2025 | O'Donnell Rory F. Chief Financial Officer & SVP | Option exercise | 6,172 | β |
| May 12, 2025 | Germain Jean-Marc Director | Purchase | 50,000 | $39.0K |
| Mar 14, 2025 | Roegner Eric V Director | Purchase | 100 | $110 |
| Mar 14, 2025 | Roegner Eric V Director | Purchase | 226 | $250 |
| Mar 12, 2025 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 101,438 | β |
| Mar 12, 2025 | Renacci Andrew James Interim CLO and Corp. Secy. | Option exercise | 18,001 | β |
| Mar 12, 2025 | Renacci Andrew James Interim CLO and Corp. Secy. | Tax withheld | 6,094 | $6.3K |
| Mar 12, 2025 | Flanagan Timothy K CEO and President | Option exercise | 152,841 | β |
| Mar 12, 2025 | Flanagan Timothy K CEO and President | Tax withheld | 46,388 | $48.2K |
| Mar 12, 2025 | Halford Jeremy S. EVP, Chief Operating Officer | Option exercise | 128,935 | β |
| Mar 12, 2025 | Halford Jeremy S. EVP, Chief Operating Officer | Tax withheld | 39,132 | $40.7K |
| Feb 25, 2025 | Halford Jeremy S. EVP, Chief Operating Officer | Tax withheld | 3,938 | $4.7K |
| Feb 25, 2025 | Halford Jeremy S. EVP, Chief Operating Officer | Tax withheld | 7,010 | $8.3K |
| Feb 25, 2025 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 13,952 | β |
| Feb 25, 2025 | Perez Ortiz Inigo SVP, Commercial and CTS | Option exercise | 17,215 | β |
| Feb 25, 2025 | Flanagan Timothy K CEO and President | Option exercise | 10,467 | β |
| Feb 25, 2025 | Flanagan Timothy K CEO and President | Tax withheld | 3,732 | $4.4K |
| Feb 25, 2025 | Flanagan Timothy K CEO and President | Option exercise | 15,743 | β |
| Feb 25, 2025 | Flanagan Timothy K CEO and President | Tax withheld | 5,613 | $6.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table β absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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