GLOBALFOUNDRIES Inc. (GFS)

GlobalFoundries Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	7,392	8,108	6,585	4,851	5,813
Revenue Growth (YoY)	-8.83%	23.13%	35.75%	-16.55%	-6.19%
Cost of Revenue	5,291	5,869	5,572	5,563	6,345
Gross Profit	2,101	2,239	1,013	-712	-532.24
Selling, General & Admin	473	496	595	445	445.63
Research & Development	428	482	478	476	582.97
Other Operating Expenses	71	94	0	23	63.95
Operating Expenses	972	1,072	1,073	944	1,093
Operating Income	1,129	1,167	-60	-1,656	-1,624.8
Interest Expense / Income	137	111	114	154	230.18
Other Expense / Income	-94	-478	-2	-448	-707.85
Pretax Income	1,086	1,534	-172	-1,362	-1,147.13
Income Tax	66	86	78	-12	224.06
Net Income	1,020	1,448	-250	-1,350	-1,371.19
Net Income Growth	-29.56%	-	-	-	-
Shares Outstanding (Basic)	552	539	506	500	504
Shares Outstanding (Diluted)	556	552	506	500	504
Shares Change	0.72%	9.09%	1.20%	-0.79%	-
EPS (Basic)	1.85	2.69	-0.49	-2.70	-2.72
EPS (Diluted)	1.83	2.62	-0.49	-2.70	-2.72
EPS Growth	-30.15%	-	-	-	-
Free Cash Flow	345	-394	1,396	521	161.04
Free Cash Flow Per Share	0.63	-0.73	2.76	1.04	0.32
Gross Margin	28.42%	27.61%	15.38%	-14.68%	-9.16%
Operating Margin	15.27%	14.39%	-0.91%	-34.14%	-27.95%
Profit Margin	13.80%	17.86%	-3.80%	-27.83%	-23.59%
Free Cash Flow Margin	4.67%	-4.86%	21.20%	10.74%	2.77%
Effective Tax Rate	6.08%	5.61%	-	-	-
EBITDA	2,674	3,268	1,560	1,314	1,761
EBITDA Margin	36.17%	40.31%	23.69%	27.09%	30.30%
Depreciation & Amortization	1,451	1,623	1,618	2,522	2,678
EBIT	1,223	1,645	-58	-1,208	-916.95
EBIT Margin	16.54%	20.29%	-0.88%	-24.90%	-15.77%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).