GrafTech Reports Third Quarter 2026 Results
GrafTech reported Q3 2026 net sales of $140 million, down 3% year-over-year, with a net loss of $47 million ($1.76 per share) versus a $28 million loss a year earlier, including $14 million of restructuring charges tied to the planned Monterrey, Mexico facility closure. Adjusted EBITDA was $9 million versus $13 million in Q3 2025, and adjusted free cash flow was negative $16 million; total liquidity stood at $242 million against $1,225 million of gross debt. Management reaffirmed full-year volume and cost guidance, expects a mid-single-digit percentage increase in realized pricing in Q4, and says the Monterrey closure should generate $20-25 million in annual cash savings by 2028.
Key figures
- Revenue
- 140163000
- Guidance
- Q4 weighted-average realized pricing expected up mid-single-digit % vs Q3; FY26 sales volume +5-10% YoY; cash COGS per MT down low-single-digit %; capex ~$35 million; $20-25M annual cash cost savings from Monterrey closure by 2028
- Revenue Yoy
- -3%
- Cash
- 134312000
- Net debt
- 1091000000
- Gross debt
- 1225000000
- Adjusted ebitda
- 8626000
- Sales volume mt
- 28.8 thousand MT
- Total liquidity
- 242000000
- Capacity utilization
- 64%
- Realized price per mt
- $3,900
- Restructuring charges
- 13874000
- Adjusted ebitda q3 2025
- 13013000
- Monterrey annual savings
- $20-25 million
- Expected capacity post closure
- approximately 127 thousand MT
AI analysis
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