Optical
materials with dynamic colors have shown great prospects
for applications in display devices, smart windows, and camouflage
coatings. Recently, intercalation has been demonstrated to be a powerful
strategy for tuning electromagnetic properties of two-dimensional
materials ranging from visible to microwave wavelengths, such as the
visible color, infrared emission, terahertz radiation, and optical
second-harmonic generation. Here, a systematic study of graphene intercalation
compound (GIC)-based coloration films is presented. Through lithium
(Li), sulfuric acid (H2SO4), and ferric chloride
(FeCl3) intercalation, the color of a multilayer graphene
(MLG) film transforms from gray to yellow, blue, and dark, respectively.
This is attributed to the reconstruction of the band structure of
graphene after intercalation, resulting in a significant effect on
its optical properties. Furthermore, tunable and reversible color
changes of MLG film have been demonstrated by precisely controlling
the Li-intercalation process. Our research indicates that intercalation
is a versatile strategy for fabricating advanced coloration materials
and provides a promising tunable optical surface for the application
in sensing, adaptive camouflage, and smart displaying.