GlobalFoundries Inc. (GFS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.43	$0.46	+7.0%	—	$1.8B	—
Q1 26	$0.35	$0.4	+14.3%	—	$1.6B	—
Q4 25	$0.47	$0.55	+17.0%	—	$1.8B	—
Q3 25	$0.39	$0.41	+5.1%	—	$1.7B	—
Q2 25	$0.36	$0.42	+16.7%	—	$1.7B	—
Q1 25	$0.29	$0.34	+17.2%	—	$1.6B	—
Q4 24	$0.45	$0.46	+2.2%	—	$1.8B	—
Q3 24	$0.33	$0.41	+24.2%	—	$1.7B	—
Q2 24	$0.29	$0.38	+31.0%	—	$1.6B	—
Q1 24	$0.23	$0.31	+34.8%	—	$1.5B	—
Q4 23	$0.59	$0.64	+8.5%	—	$1.9B	—
Q3 23	$0.5	$0.55	+10.0%	—	$1.9B	—
Q2 23	$0.5	$0.53	+6.0%	—	$1.8B	—
Q1 23	$0.49	$0.52	+6.1%	—	$1.8B	—
Q4 22	$1.32	$1.44	+9.1%	—	$2.1B	—
Q3 22	$0.62	$0.67	+8.1%	—	$2.1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.59	—	—	$6.8B	—
FY24	—	-$0.48	—	—	$6.8B	—
FY23	—	$1.85	—	—	$7.4B	—
FY22	—	$2.69	—	—	$8.1B	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$6.2B	$5.8B	$4.9B	$6.6B	$8.1B	$7.4B	$6.8B	$6.8B
YoY change	—	-6.19%	-16.5%	+35.7%	+23.1%	-8.83%	-8.69%	+0.61%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	6.2B	5.8B	4.9B	6.6B	8.1B	7.4B	6.8B	6.8B
Cost of revenue	6.6B	6.3B	5.6B	5.6B	5.9B	5.3B	5.1B	5.1B
Gross profit	-450.1M	-532.2M	-712M	1B	2.2B	2.1B	1.7B	1.7B
Gross margin	-7.26%	-9.16%	-14.7%	15.4%	27.6%	28.4%	24.5%	24.9%
Research & development	926.2M	583M	476M	478M	482M	428M	496M	518M
Selling, general & administrative	325.3M	358.9M	330M	546M	451M	448M	401M	337M
Operating expenses	1.3B	992.8M	848.1M	1B	933M	876M	897M	855M
Operating income	-1.8B	-1.6B	-1.6B	-60M	1.3B	1.2B	728M	797M
Operating margin	-29.5%	-26.9%	-33.7%	-0.91%	15.6%	16.2%	10.8%	11.7%
Non-operating income, net	-626M	632.5M	419M	-8M	331M	-128M	-954M	48M
Pretax income	-2.6B	-1.1B	-1.4B	-176M	1.5B	1.1B	-170M	911M
Income tax	16.4M	224.1M	-12M	78M	86M	66M	92M	23M
Net income	-2.8B	-1.4B	-1.4B	-254M	1.4B	1B	-262M	888M
Net margin	-44.8%	-23.6%	-27.9%	-3.86%	17.8%	13.8%	-3.88%	13.1%
EBITDA	1.2B	1.2B	1B	1.5B	2.9B	2.8B	2.5B	2.2B
EPS	-5.08	-2.58	-2.54	-0.5	2.69	1.85	-0.48	1.59
Diluted EPS	-5.08	-2.58	-2.54	-0.5	2.62	1.83	-0.48	1.59

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.9B	1.9B	1.5B	1.6B	1.7B	1.8B	1.6B	1.7B	1.7B	1.8B	1.6B	1.8B
Cost of revenue	1.3B	1.3B	1.2B	1.2B	1.3B	1.4B	1.2B	1.3B	1.3B	1.3B	1.2B	1.3B
Gross profit	529M	525M	393M	395M	414M	449M	355M	408M	419M	508M	451M	505M
Gross margin	28.6%	28.3%	25.4%	24.2%	23.8%	24.5%	22.4%	24.2%	24.8%	27.8%	27.6%	28.3%
Research & development	108M	105M	124M	121M	130M	121M	127M	134M	124M	133M	132M	174M
Selling, general & administrative	143M	62M	122M	114M	98M	67M	77M	78M	100M	82M	139M	157M
Operating expenses	251M	167M	246M	235M	228M	188M	204M	212M	224M	215M	271M	331M
Operating income	278M	333M	147M	160M	186M	235M	151M	196M	195M	255M	180M	174M
Operating margin	15%	18%	9.49%	9.8%	10.7%	12.8%	9.53%	11.6%	11.6%	13.9%	11%	9.74%
Non-operating income, net	-38M	-42M	-2M	-9M	-6M	-937M	30M	8M	8M	2M	-10M	13M
Pretax income	243M	299M	155M	167M	195M	-687M	195M	221M	221M	274M	185M	196M
Income tax	-6M	21M	21M	12M	17M	42M	-16M	-7M	-28M	74M	81M	29M
Net income	249M	278M	134M	155M	178M	-729M	211M	228M	249M	200M	104M	167M
Net margin	13.4%	15%	8.65%	9.5%	10.2%	-39.8%	13.3%	13.5%	14.8%	10.9%	6.36%	9.35%
EBITDA	661M	828M	539M	567M	583M	839M	503M	531M	509M	656M	491M	481M
EPS	0.45	0.5	0.24	0.28	0.32	-1.32	0.38	0.41	0.45	0.36	0.19	0.3
Diluted EPS	0.45	0.5	0.24	0.28	0.32	-1.32	0.38	0.41	0.44	0.36	0.18	0.3

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	33B	29B	33.5B	23.7B	19.4B	26.6B
Enterprise value	—	—	—	32.5B	28.8B	32.7B	22.7B	18B	25.6B
Shares outstanding	531.8M	531.8M	531.8M	508M	539M	552M	553M	555M	555M

Valuation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	20.1	32.9	—	21.8	38.2
P/S	—	—	—	5.01	3.58	4.53	3.52	2.85	3.84
P/B	—	—	—	4.11	2.92	3	2.19	1.62	2.22
EV/EBITDA	—	—	—	21.1	9.82	11.8	8.96	8.18	12.9
EV/Sales	—	—	—	4.93	3.56	4.43	3.36	2.65	3.69
Earnings yield	—	—	—	—	4.98%	3.04%	—	4.58%	2.62%
FCF yield	—	—	—	3.25%	-1.5%	0.96%	4.62%	5.21%	2.85%
PEG	—	—	—	—	—	—	—	—	-1.42

Profitability

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	-7.26%	-9.16%	-14.7%	15.4%	27.6%	28.4%	24.5%	24.9%	28.3%
Operating margin	-29.5%	-26.9%	-33.7%	-0.91%	15.6%	16.2%	10.8%	11.7%	9.74%
Net margin	-44.8%	-23.6%	-27.9%	-3.86%	17.8%	13.8%	-3.88%	13.1%	10.3%
ROE	—	-15.2%	-18.7%	-3.16%	14.5%	9.13%	-2.42%	7.41%	6.17%
ROA	—	-9.46%	-11%	-1.69%	8.1%	5.64%	-1.56%	5.18%	2.98%
ROIC	—	-13.9%	-18%	-0.8%	12.2%	10.8%	7.47%	7.34%	5.92%
Return on tangible assets	—	-10.4%	-12.1%	-1.78%	8.45%	5.9%	-1.69%	6.16%	4.79%

Financial health

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	1.5	1.58	1.67	1.73	2.04	2.11	2.62	2.48
Quick ratio	—	1.35	1.09	1.32	1.33	1.56	1.57	1.95	1.74
Debt / equity	—	0.36	0.39	0.3	0.29	0.25	0.21	0.14	0.14
Debt / assets	—	0.22	0.23	0.16	0.16	0.15	0.14	0.1	0.1
Net debt / EBITDA	—	1.9	1.81	-0.34	-0.07	-0.26	-0.43	-0.63	-0.33
Interest coverage	-18	-4.66	-9.26	-0.78	17.7	11.7	-0.6	19.2	19.2
Effective tax rate	0%	0%	0%	0%	5.61%	6.09%	0%	2.52%	17.8%

Per share

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	11.7	10.9	9.12	13	15	13.4	12.2	12.2	12.5
EPS (basic)	-5.08	-2.58	-2.54	-0.5	2.69	1.85	-0.48	1.59	1.59
EPS (diluted)	-5.08	-2.58	-2.54	-0.5	2.62	1.83	-0.48	1.59	1.25
Book value per share	—	17	13.6	15.8	18.5	20.2	19.6	21.6	21.5
FCF per share	-1.97	-0.52	0.77	2.11	-0.81	0.58	1.98	1.82	1.43
Cash per share	—	1.89	1.8	5.83	5.66	6.29	6.15	5.59	4.29
Capex per share	2	0.63	0.91	2.84	5.6	3.22	1.03	—	—

Capital allocation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	17.2%	5.78%	9.96%	21.9%	37.2%	24.1%	8.43%	—	—
Capex / operating cash flow	-647.2%	25.4%	43.9%	50%	98.3%	77.3%	44.8%	—	—
Payout ratio	—	—	—	—	—	—	—	—	9.38%
Dividend yield	—	—	—	—	—	—	—	—	1%

Yield

trailing twelve months

Frequency

Quarterly

Last dividend

$0.12

ex-dividend Sep 23, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 23, 2026	$0.12
Jun 24, 2026	$0.12

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1B	958.6M	3B	3.1B	3.5B	3.4B	3.1B
Receivables	647M	767.3M	872M	824M	1B	906M	1B
Inventory	351.9M	919.5M	1.1B	1.3B	1.5B	1.6B	1.6B
Total current assets	3.5B	3B	5.3B	5.8B	6.3B	6.4B	6.2B
Property, plant & equipment	2.3B	785.8M	1.1B	2.7B	1.6B	491M	-5M
Goodwill & intangibles	1.3B	1.1B	754M	726M	782M	1.3B	2.7B
Total assets	14.5B	12.3B	15B	17.8B	18B	16.8B	17.1B
Accounts payable	—	414.5M	551M	532M	511M	406M	491M
Short-term debt	817.8M	513.1M	432M	298M	603M	843M	155M
Total current liabilities	2.3B	1.9B	3.2B	3.4B	3.1B	3B	2.4B
Long-term debt	2.4B	2.3B	2B	2.6B	2.2B	1.5B	1.6B
Total liabilities	5.5B	5.1B	7B	7.9B	6.9B	6B	5.2B
Shareholders' equity	9B	7.2B	8B	10B	11.2B	10.8B	12B
Total debt	3.2B	2.8B	2.4B	2.9B	2.8B	2.3B	1.7B
Net debt	2.3B	1.9B	-500M	504M	367M	128M	-102M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	2.9B	3.5B	3.4B	3.4B	3.5B	3.4B	2.9B	3.2B	3.3B	3.1B	3.1B	2.4B
Receivables	1B	1B	721M	669M	706M	906M	814M	874M	725M	1B	719M	780M
Inventory	1.5B	1.5B	1.7B	1.8B	1.8B	1.6B	1.8B	1.7B	1.6B	1.6B	1.7B	1.6B
Total current assets	5.8B	6.3B	6.2B	6.3B	6.6B	6.4B	6.1B	6.4B	6.3B	6.2B	6B	5.5B
Property, plant & equipment	2.1B	1.6B	1.5B	2B	1.7B	491M	342M	200M	67M	-5M	12M	-151M
Goodwill & intangibles	381M	782M	481M	461M	552M	1.3B	739M	722M	940M	2.7B	1.4B	1.9B
Total assets	17.8B	18B	18.5B	17.9B	18.1B	16.8B	16.5B	16.8B	16.7B	17.1B	16.9B	16.9B
Accounts payable	2.3B	511M	2.2B	2.1B	2B	406M	430M	389M	513M	491M	419M	420M
Short-term debt	251M	603M	590M	621M	634M	843M	134M	137M	133M	155M	150M	159M
Total current liabilities	2.7B	3.1B	2.9B	2.8B	2.7B	3B	2.4B	2.4B	2.1B	2.4B	2.3B	2.2B
Long-term debt	2.5B	2.2B	2.5B	2.1B	2.2B	1.5B	1.5B	1.5B	1.5B	1.6B	1.6B	1.5B
Total liabilities	7B	6.9B	7.2B	6.6B	6.5B	6B	5.4B	5.3B	4.9B	5.2B	5.1B	5B
Shareholders' equity	10.8B	11.2B	11.3B	11.3B	11.6B	10.8B	11.1B	11.5B	11.8B	12B	11.7B	11.9B
Total debt	2.7B	2.8B	3.1B	2.8B	2.8B	2.3B	1.6B	1.7B	1.7B	1.7B	1.7B	1.7B
Net debt	839M	367M	853M	569M	563M	128M	35M	-106M	-353M	-102M	-125M	591M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-2.8B	-1.4B	-1.4B	-254M	1.4B	1B	-262M	888M
Depreciation & amortization	2.9B	2.7B	2.5B	1.6B	1.6B	1.5B	1.6B	1.3B
Stock-based compensation	5.5M	0	1M	223M	181M	150M	186M	200M
Change in working capital	-454.1M	-282.9M	38.5M	1.2B	-226M	-317M	-208M	-199M
Operating cash flow	-164.5M	1.3B	1.1B	2.9B	3.1B	2.3B	1.3B	1.7B
Capital expenditure	-1.1B	-335.8M	-483M	-1.4B	-3B	-1.8B	-569M	—
Investing cash flow	-990.3M	531.3M	-366M	-1.4B	-4.1B	-1.9B	-1.1B	-722M
Dividends paid	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	-200M	-5M
Financing cash flow	1.1B	-683.8M	-733M	650M	842M	-212M	-785M	-845M
Net change in cash	-22.8M	1.2B	1.5M	2.1B	-146M	208M	-641M	164M
Free cash flow	-1B	-276M	412M	1.1B	-435M	321M	1.1B	1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	249M	278M	134M	155M	178M	-729M	211M	228M	249M	200M	104M	167M
Depreciation & amortization	366M	402M	392M	402M	396M	378M	352M	335M	314M	313M	311M	307M
Stock-based compensation	41M	30M	42M	51M	50M	43M	42M	52M	53M	53M	60M	68M
Change in working capital	-203M	-7M	-22M	-53M	-158M	25M	-177M	-8M	249M	-263M	106M	-36M
Operating cash flow	472M	681M	575M	554M	488M	-323M	338M	431M	595M	374M	542M	405M
Capital expenditure	-323M	-303M	-196M	-53M	-109M	-178M	-131M	—	—	—	—	—
Investing cash flow	-312M	-172M	-569M	-122M	-210M	-191M	-211M	317M	-225M	-473M	261M	-723M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	0	0	—	0	-3M	-2M	-430M	-3M
Financing cash flow	-53M	-92M	-27M	-94M	-14M	-450M	-717M	-49M	-23M	-53M	-450M	-48M
Net change in cash	107M	417M	-21M	338M	264M	-964M	-590M	699M	347M	-152M	353M	-366M
Free cash flow	93M	456M	261M	303M	213M	322M	165M	272M	406M	166M	230M	-6M

GlobalFoundries Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement