GLOBALFOUNDRIES Inc. (GFS) income statement
NASDAQ · Technology · Semiconductors · 14,000 employees · CEO Timothy Graham Breen
- Price
- $41.90 -8.62%
- Market cap
- $23B
- Enterprise value
- $23.6B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-04 EPS est. $0.51
GLOBALFOUNDRIES Inc. (GFS) reported revenue of $1.79B for Q2 '26 (+5.8% year on year), operating income of $174M (9.7% of revenue) and net income of $166M. Over the last four quarters revenue was $6.94B.
Income statement
| Income statement | Trend | 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 | $1.85B | $1.85B | $1.55B | $1.63B | $1.74B | $1.83B | $1.59B | $1.69B | $1.69B | $1.83B | $1.63B | $1.79B | |
| Cost of revenue | $1.32B | $1.33B | $1.16B | $1.24B | $1.33B | $1.38B | $1.23B | $1.28B | $1.27B | $1.3B | $1.18B | $1.28B | |
| Gross profit | $529M | $525M | $393M | $395M | $414M | $449M | $355M | $408M | $419M | $528M | $451M | $505M | |
| Research & development | $108M | $105M | $124M | $121M | $130M | $121M | $127M | $134M | $124M | $133M | $132M | $174M | |
| Other operating expenses | $160M | $117M | $0 | $119M | $99M | $936M | $77M | $78M | $0 | $33M | $0 | $0 | |
| Operating expenses | $268M | $222M | $246M | $240M | $229M | $1.15B | $204M | $212M | $224M | $273M | $271M | $331M | |
| Operating income | $261M | $303M | $147M | $155M | $185M | -$701M | $151M | $196M | $195M | $255M | $180M | $174M | |
| Interest income | $3M | $8M | $10M | $16M | $15M | $15M | $14M | $17M | $18M | $17M | $15M | $9M | |
| Other non-operating income (gains on investments, FX ...) | -$17M | -$30M | -$8M | -$5M | -$1M | -$936M | -$44M | -$25M | -$26M | -$19M | -$5M | $0 | |
| Total non-operating income | -$18M | -$4M | $8M | $12M | $10M | $14M | $44M | $25M | $26M | $19M | $5M | $22M | |
| Income before tax | $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 | $277M | $133M | $155M | $177M | -$730M | $210M | $228M | $248M | $199M | $103M | $166M | |
| EPS (basic) | $0.45 | $0.50 | $0.24 | $0.28 | $0.32 | -$1.32 | $0.38 | $0.41 | $0.44 | $0.36 | $0.19 | $0.30 | |
| EPS (diluted) | $0.45 | $0.50 | $0.24 | $0.28 | $0.32 | -$1.32 | $0.38 | $0.41 | $0.44 | $0.36 | $0.18 | $0.30 | |
| Shares (basic, weighted) | 553M | 553M | 555M | 554M | 552M | 553M | 554M | 555M | 559M | 555M | 555M | 549M | |
| Shares (diluted, weighted) | 556M | 557M | 558M | 557M | 555M | 553M | 557M | 557M | 559M | 561M | 561M | 556M | |
| Depreciation & amortization | $366M | $402M | $392M | $402M | $396M | $378M | $352M | $335M | $314M | $313M | $311M | $307M | |
| EBITDA | $644M | $735M | $547M | $562M | $582M | $613M | $547M | $556M | $535M | $587M | $496M | $481M |
| Income statement | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.2B | $5.81B | $4.85B | $6.59B | $8.11B | $7.39B | $6.75B | $6.79B | |
| Cost of revenue | $6.65B | $6.35B | $5.56B | $5.57B | $5.87B | $5.29B | $5.1B | $5.08B | |
| Gross profit | -$450M | -$532M | -$712M | $1.01B | $2.24B | $2.1B | $1.65B | $1.71B | |
| Research & development | $926M | $583M | $476M | $478M | $482M | $428M | $496M | $518M | |
| General & administrative | $325M | $359M | $330M | $546M | $451M | $448M | $401M | $0 | |
| Other operating expenses | $822M | $151M | $138M | $49M | $139M | $96M | $968M | $33M | |
| Operating expenses | $2.07B | $1.09B | $944M | $1.07B | $1.07B | $972M | $1.87B | $913M | |
| Operating income | -$2.52B | -$1.62B | -$1.66B | -$60M | $1.17B | $1.13B | -$214M | $797M | |
| Interest income | $10.3M | $11.4M | $3.1M | $5.7M | $51M | $149M | $201M | $66M | |
| Interest expense | $165M | $230M | $154M | $114M | $117M | $137M | $145M | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$51.2M | -$680M | -$424M | $17M | -$457M | -$56M | -$150M | -$114M | |
| Total non-operating income | -$86.3M | $478M | $291M | -$116M | $365M | -$45M | $44M | $114M | |
| Income before tax | -$2.61B | -$1.15B | -$1.37B | -$176M | $1.53B | $1.08B | -$170M | $911M | |
| Income tax | $16.4M | $224M | -$12M | $78M | $86M | $66M | $92M | $23M | |
| Net income | -$2.7B | -$1.37B | -$1.35B | -$250M | $1.45B | $1.02B | -$265M | $885M | |
| EPS (basic) | -$5.08 | -$2.66 | -$2.54 | -$0.49 | $2.69 | $1.85 | -$0.48 | $1.59 | |
| EPS (diluted) | -$5.08 | -$2.66 | -$2.54 | -$0.49 | $2.62 | $1.83 | -$0.48 | $1.59 | |
| Shares (basic, weighted) | 532M | 516M | 532M | 506M | 539M | 552M | 553M | 557M | |
| Shares (diluted, weighted) | 532M | 516M | 532M | 506M | 552M | 556M | 553M | 558M | |
| Depreciation & amortization | $2.95B | $2.68B | $2.52B | $1.62B | $1.62B | $1.45B | $1.57B | $1.31B | |
| EBITDA | $476M | $1.73B | $1.29B | $1.54B | $3.25B | $2.64B | $1.5B | $2.23B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings.
Data as of 2026-11-02