GrafTech International Ltd. (EAF) Income Statement
EAF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEAF revenue and net income
Where EAF's revenue goes
2025Each bar shows an amount and its share of revenue. EAF kept −43.6% of revenue as net income.
EAF profit margins
EAF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −6.4% | −26.7% | −16.3% | −0.6% |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EAF quarterly EPS vs estimates
GrafTech International beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 23, 2026 (estimate $-1.46).
EAF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $504.1M | $538.8M | $620.5M | $1.28B | $1.35B | $1.22B | $1.79B | $1.90B | $550.8M | $438.0M |
| Cost of revenue | $519.8M | $561.0M | $593.8M | $735.9M | $692.1M | $568.5M | $759.5M | $706.6M | $463.1M | $466.4M |
| Gross profit | −$15.7M | −$22.2M | $26.7M | $545.4M | $653.7M | $655.8M | $1.03B | $1.19B | $87.7M | −$28.4M |
| Research & development | $6.5M | $5.7M | $5.5M | $3.6M | $3.8M | $4.0M | $2.7M | $2.1M | $3.0M | $2.4M |
| Sales, general & admin | $54.9M | $46.5M | $78.0M | $77.0M | $132.6M | $67.9M | $63.7M | $62.0M | $49.5M | $57.7M |
| Total operating expenses | $61.4M | $52.2M | $79.5M | $80.6M | $136.4M | $71.9M | $66.4M | $59.1M | $56.0M | $58.5M |
| Operating income | −$77.1M | −$74.4M | −$52.9M | $464.8M | $517.3M | $583.9M | $964.9M | $1.13B | $31.8M | −$86.8M |
| Interest income | $97.4M | $5.7M | $4.0M | $4.5M | $67.9M | $1.8M | $4.7M | $1.7M | $30.4M | $358,000 |
| Interest expense | $104.1M | $92.7M | $71.7M | $39.0M | $66.9M | $98.1M | $127.3M | $135.1M | $30.8M | $26.9M |
| Income before taxes | −$170.4M | −$153.3M | −$273.8M | $452.3M | $456.4M | $510.0M | $842.8M | $902.8M | $3.4M | −$116.4M |
| Income taxes | $49.4M | −$22.1M | −$18.5M | $69.4M | $68.1M | $75.7M | $98.2M | $48.9M | −$10.8M | −$7.6M |
| Net income | −$219.8M | −$131.2M | −$255.2M | $383.0M | $388.3M | $434.4M | $744.6M | $854.2M | $8.0M | −$235.8M |
| EBITDA | −$4.7M | $1.7M | −$145.2M | $546.8M | $589.0M | $666.7M | $1.03B | $1.10B | $100.7M | −$6.6M |
| EPS (diluted) | −$6.38 | −$4.10 | −$1.47 | $14.60 | $17.51 | $15.79 | $26.36 | $25.22 | $0.06 | −$0.78 |
| Gross margin | −3.1% | −4.1% | 4.3% | 42.6% | 48.6% | 53.6% | 57.6% | 62.7% | 15.9% | −6.5% |
| Operating margin | −15.3% | −13.8% | −8.5% | 36.3% | 38.4% | 47.7% | 53.9% | 59.6% | 5.8% | −19.8% |
| Net margin | −43.6% | −24.3% | −41.1% | 29.9% | 28.9% | 35.5% | 41.6% | 45.1% | 1.4% | −53.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $127.4M | $125.1M | $116.5M | $144.0M | $131.8M | $111.8M | $134.2M | $130.7M | $137.3M | $136.6M | $137.1M | $159.0M |
| Cost of revenue | $127.8M | $140.1M | $140.8M | $133.7M | $132.0M | $113.6M | $144.7M | $143.0M | $132.9M | $140.4M | $177.9M | $153.4M |
| Gross profit | −$422,000 | −$15.0M | −$24.3M | $10.3M | −$125,999 | −$1.8M | −$10.4M | −$12.3M | $4.4M | −$3.8M | −$40.7M | $5.6M |
| Research & development | $1.5M | $1.4M | $1.6M | $1.6M | $1.3M | $1.9M | $1.4M | $1.2M | $1.4M | $1.6M | $1.8M | $1.3M |
| Sales, general & admin | $12.6M | $14.2M | $13.2M | $13.8M | $13.3M | $14.6M | $13.1M | $13.1M | $5.1M | $15.3M | — | $18.2M |
| Total operating expenses | $14.2M | $15.7M | $14.8M | $15.4M | $14.6M | $16.5M | $14.5M | $14.3M | $6.5M | $16.9M | $16.9M | $19.5M |
| Operating income | −$14.6M | −$30.7M | −$39.2M | −$5.1M | −$14.7M | −$18.3M | −$24.9M | −$26.6M | −$2.1M | −$20.7M | −$57.7M | −$13.9M |
| Interest income | $713,000 | $841,000 | $22.8M | $1.4M | $1.9M | $1.9M | $1.2M | $1.1M | $1.9M | $1.5M | — | $1.1M |
| Interest expense | $24.4M | $24.2M | $24.3M | $24.5M | $25.4M | $29.8M | $37.6M | $18.4M | $18.4M | $18.4M | $18.4M | $18.4M |
| Income before taxes | −$38.8M | −$42.0M | −$59.8M | −$28.4M | −$35.7M | −$46.6M | −$61.5M | −$41.4M | −$15.3M | −$35.1M | −$225.1M | −$32.9M |
| Income taxes | $1.7M | $1.3M | $5.3M | $90,000 | $51.2M | −$7.2M | −$12.0M | −$5.3M | −$592,000 | −$4.2M | −$7.7M | −$10.2M |
| Net income | −$40.5M | −$43.3M | −$65.1M | −$28.5M | −$86.9M | −$39.4M | −$49.5M | −$36.1M | −$14.8M | −$30.9M | −$217.4M | −$22.6M |
| EBITDA | −$12.6M | −$2.7M | −$19.7M | $12.6M | $5.3M | −$2.9M | −$7.8M | −$5.1M | $17.4M | −$2.8M | −$192.9M | $2.5M |
| EPS (diluted) | −$1.47 | −$2.05 | −$2.45 | −$1.03 | −$1.60 | −$1.30 | −$1.30 | −$1.30 | −$0.50 | −$1.00 | −$0.27 | −$0.80 |
| Gross margin | −0.3% | −12.0% | −20.9% | 7.2% | −0.1% | −1.6% | −7.8% | −9.4% | 3.2% | −2.8% | −29.7% | 3.5% |
| Operating margin | −11.4% | −24.5% | −33.6% | −3.6% | −11.2% | −16.3% | −18.6% | −20.4% | −1.6% | −15.2% | −42.0% | −8.7% |
| Net margin | −31.8% | −34.6% | −55.9% | −19.8% | −65.9% | −35.2% | −36.9% | −27.6% | −10.7% | −22.6% | −158.5% | −14.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EAF's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EAF financial results
In fiscal year 2025 (ended December 31, 2025), GrafTech International reported revenue of $504.1 million, down 6.4% from the year before. It had a net loss of $219.8 million, a net profit margin of −43.6%. Diluted earnings per share came to −$6.38. Over five years revenue grew at an average rate of −16.3% a year.
See the EAF stock overview for the latest quote and news, or the EAF chart for price history and technical indicators.
EAF income statement FAQ
What is GrafTech International's annual revenue?
GrafTech International reported total revenue of $504.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 6.4% from $538.8 million the previous year.
Is GrafTech International profitable?
No. GrafTech International reported a net loss of $219.8 million in fiscal 2025, a net profit margin of −43.6%; its operating margin was −15.3%.
What is GrafTech International's gross margin?
GrafTech International's gross margin was −3.1% in fiscal 2025: for every $100 of revenue, GrafTech International kept $-3 after the direct cost of its products and services.
How much does GrafTech International spend on research and development?
GrafTech International spent $6.5 million on research and development in fiscal 2025, 1.3% of revenue.
How fast is GrafTech International growing?
Revenue grew −16.3% a year on average over the last five fiscal years, from $1.2 billion to $504.1 million.
What are GrafTech International's earnings per share?
GrafTech International earned $-6.38 per diluted share in fiscal 2025, compared with $-4.10 a year earlier.
When will GrafTech International report its next earnings?
GrafTech International is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 before the market opens.
When does GrafTech International's fiscal year end?
GrafTech International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 13, 2026.