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Graftech International vs Forgent Power Solutions: revenue, profit, margins and growth compared

Graftech International brought in $504.1M of revenue in fiscal 2025, Forgent Power Solutions $1.4B in fiscal 2026. Revenue changed by -6.4% at Graftech International and +88.5% at Forgent Power Solutions on the year before, so Forgent Power Solutions grew faster. Graftech International kept -43.6% of its revenue as net profit, Forgent Power Solutions 5.8%. Free cash flow was -$120.5M at Graftech International and -$6.8M at Forgent Power Solutions.

Side by side, latest fiscal year

EAFFPS
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 30, 2026)
Revenue$504.1M$1.4B
Revenue growth-6.4%+88.5%
Net income-$219.8M$81.8M
Net margin-43.6%5.8%
Free cash flow-$120.5M-$6.8M
Free cash flow margin-23.9%-0.5%
Earnings per share (diluted)-$8.45n/a
Cash$138.4M$97.5M
Debt$1.1B$582.2M
Price to earningsn/an/a
Market value$289.4M$11.9B
Dividend yieldn/an/a
Rank by revenue in sector#94 of 129 · Energy#68 of 129 · Energy

Over the years

Revenue
EAF FY2018: $1.9BEAF FY2019: $1.8BEAF FY2020: $1.2BEAF FY2021: $1.3BEAF FY2022: $1.3BEAF FY2023: $620.5MEAF FY2024: $538.8MEAF FY2025: $504.1MFPS FY2026: $753.2MFPS FY2026: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
EAF $504.1MFPS $1.4B
Net income
EAF FY2018: $854.2MEAF FY2019: $744.6MEAF FY2020: $434.4MEAF FY2021: $388.3MEAF FY2022: $383MEAF FY2023: -$255.3MEAF FY2024: -$131.2MEAF FY2025: -$219.8MFPS FY2026: $15.2MFPS FY2026: $81.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
EAF -$219.8MFPS $81.8M
Net margin
EAF FY2018: 45.1%EAF FY2019: 41.6%EAF FY2020: 35.5%EAF FY2021: 28.9%EAF FY2022: 29.9%EAF FY2023: -41.1%EAF FY2024: -24.3%EAF FY2025: -43.6%FPS FY2026: 2.0%FPS FY2026: 5.8%FY18FY19FY20FY21FY22FY23FY24FY25FY26
EAF -43.6%FPS 5.8%
Revenue growth
EAF FY2019: -5.5%EAF FY2020: -31.6%EAF FY2021: +9.9%EAF FY2022: -4.8%EAF FY2023: -51.6%EAF FY2024: -13.2%EAF FY2025: -6.4%FPS FY2026: +88.5%FY19FY20FY21FY22FY23FY24FY25FY26
EAF -6.4%FPS +88.5%
Free cash flow
EAF FY2018: $768.4MEAF FY2019: $741.2MEAF FY2020: $527.6MEAF FY2021: $384.8MEAF FY2022: $252.5MEAF FY2023: $22.5MEAF FY2024: -$74.4MEAF FY2025: -$120.5MFPS FY2026: -$39.1MFPS FY2026: -$6.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
EAF -$120.5MFPS -$6.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Graftech International and Forgent Power Solutions

Which is bigger by revenue, Graftech International or Forgent Power Solutions?

Forgent Power Solutions is bigger by revenue: $1.4B in fiscal 2026, against $504.1M for Graftech International in fiscal 2025.

Which keeps more of its revenue as profit, Graftech International or Forgent Power Solutions?

Graftech International had a net margin of -43.6% in fiscal 2025; Forgent Power Solutions had 5.8% in fiscal 2026.

Which grew revenue faster, Graftech International or Forgent Power Solutions?

In their latest fiscal years revenue changed by -6.4% at Graftech International and +88.5% at Forgent Power Solutions.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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