Europe Manganese was Ferroglobe’s largest segment in fiscal 2025, bringing in $363.93M of $1.34B (27%).
| Segments [axis] | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electrometallurgy - Europe | — | — | — | — | |||||||
| Europe Silicon | — | — | — | — | |||||||
| North America Silicon | — | — | — | — | |||||||
| Electrometallurgy - North America | — | — | — | — | |||||||
| Europe Manganese | $701.14M | $277.51M | $367.50M | $363.93M | |||||||
| North America Silicon Metal | $671.29M | $505.47M | $386.43M | $284.40M | |||||||
| Europe Silicon Metals | $536.75M | $307.23M | $393.28M | $220.95M | |||||||
| North America Silicon Alloys | $339.41M | $283.18M | $279.81M | $265.83M | |||||||
| Europe Silicon Alloys | $259.42M | $216.47M | $181.70M | $149.52M | |||||||
| Electrometallurgy - South Africa | — | — | — | — | |||||||
| South Africa Silicon | — | — | — | — | |||||||
| South Africa Silicon Alloys | $122.26M | $109.68M | $91.02M | $79.52M | |||||||
| Other Segments | $81.56M | $54.92M | $43.00M | $30.15M | |||||||
| South Africa Silicon Metals | $17.34M | $50.07M | $67.94M | $7.84M | |||||||
| Adjustments/Eliminations | -$131.26M | -$154.50M | -$166.74M | -$67.01M | |||||||
| Eliminations | — | — | — | — | |||||||
| Total | $2.60B | $1.65B | $1.64B | $1.34B |
Ferroglobe brought in $1.34B from its nine segments in fiscal 2025, the year ended December 31, 2025. That was down 18.8% from $1.64B in fiscal 2024. Europe Manganese was the largest at $363.93M (27.3%), ahead of North America Silicon Metal at $284.40M (21.3%) and North America Silicon Alloys at $265.83M (19.9%). The other five segments brought in $487.98M combined.
Compared with fiscal 2024, every segment above 2% of revenue shrank. Europe Manganese held up best, down 1.0% to $363.93M, and Europe Silicon Metals fell the most, down 43.8% to $220.95M. From fiscal 2022 to 2025, combined revenue from these segments fell from $2.60B to $1.34B, a compound annual decline of 19.9%. Europe Manganese's share held steady at about 27.3%.
The total is net of Adjustments/Eliminations, which took $67.01M off revenue in fiscal 2025.
Usa was Ferroglobe’s largest region in fiscal 2025, bringing in $534.87M of $1.34B (40%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Usa | $966.16M | $670.85M | $573.64M | $534.87M | |||||||
| Other | $484.04M | $333.67M | $406.84M | $179.17M | |||||||
| Rest Of World | — | — | — | — | |||||||
| Other Eu Countries | $423.00M | $199.74M | $210.98M | $215.05M | |||||||
| Germany | $442.33M | $276.33M | $282.20M | $186.81M | |||||||
| Spain | $282.39M | $169.39M | $169.54M | $104.78M | |||||||
| Italy | — | — | — | — | |||||||
| France | — | — | — | — | |||||||
| Luxembourg | — | $46.00K | $745.00K | $114.45M | |||||||
| Total | $2.60B | $1.65B | $1.64B | $1.34B |
Ferroglobe brought in $1.34B from its six regions in fiscal 2025, the year ended December 31, 2025. That was down 18.8% from $1.64B in fiscal 2024. Usa was the largest at $534.87M (40.1%), ahead of Other Eu Countries at $215.05M (16.1%) and Germany at $186.81M (14.0%). The other three regions brought in $398.40M combined.
Compared with fiscal 2024, Luxembourg grew fastest, up 15,261.9% to $114.45M, while Other fell the most, down 56.0% to $179.17M.
Ferroglobe began breaking out Luxembourg in fiscal 2023, when it brought in $46.00K.
Silicon Metal Product Line was Ferroglobe’s largest revenue line in fiscal 2025, bringing in $430.16M of $1.34B (32%).
| Products and services [axis] | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Silicon Metal Product Line | $1.12B | $722.23M | $726.65M | $430.16M | |||||||
| Manganese Alloys Product Line | $525.48M | $259.20M | $332.85M | $357.72M | |||||||
| Ferrosilicon Product Line | $561.54M | $330.95M | $272.39M | $282.56M | |||||||
| Other Silicon Based Alloys Product Line | $192.41M | $159.44M | $131.74M | $115.82M | |||||||
| Other Product Lines | $170.00M | $144.42M | $148.99M | $121.15M | |||||||
| Silica Fume Product Line | $32.29M | $33.80M | $31.32M | $27.71M | |||||||
| Energy Product Line | — | — | — | — | |||||||
| Total | $2.60B | $1.65B | $1.64B | $1.34B |
Ferroglobe brought in $1.34B from its six revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 18.8% from $1.64B in fiscal 2024. Silicon Metal Product Line was the largest at $430.16M (32.2%), ahead of Manganese Alloys Product Line at $357.72M (26.8%) and Ferrosilicon Product Line at $282.56M (21.2%). The other three revenue lines brought in $264.68M combined.
Compared with fiscal 2024, Manganese Alloys Product Line grew fastest, up 7.5% to $357.72M, while Silicon Metal Product Line fell the most, down 40.8% to $430.16M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $2.60B to $1.34B, a compound annual decline of 19.9%. Silicon Metal Product Line's share of the total fell from 43.0% to 32.2%.
Ferroglobe (GSM) reports its revenue by segments [axis], by geography and by products and services [axis]. In fiscal 2025, Europe Manganese was its largest segment, bringing in $363.93M (27.3% of the total), followed by North America Silicon Metal at $284.40M (21.3%).
Europe Manganese was Ferroglobe's largest segment in fiscal 2025, bringing in $363.93M, or 27.3% of the $1.34B total across its nine segments.
Usa was Ferroglobe's largest region in fiscal 2025, bringing in $534.87M, or 40.1% of the $1.34B total across its six regions.
Silicon Metal Product Line was Ferroglobe's largest revenue line in fiscal 2025, bringing in $430.16M, or 32.2% of the $1.34B total across its six revenue lines.
Among Ferroglobe's regions that make up at least 2% of revenue, Luxembourg grew fastest in fiscal 2025, up 15,261.9% from $745.00K to $114.45M.
Every figure comes from Ferroglobe's annual financial filings, as reported. Each line keeps the name Ferroglobe gives it, and years follow its fiscal calendar.
Ferroglobe's revenue by segments [axis] goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.