GlobalFoundries Inc. (GFS)

GlobalFoundries Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,842	6,750	7,392	8,108	6,585	4,851
Revenue Growth (YoY)	-0.65%	-8.69%	-8.83%	23.13%	35.74%	-16.55%
Cost of Revenue	5,216	5,099	5,291	5,869	5,572	5,563
Gross Profit	1,626	1,651	2,101	2,239	1,013	-712
Selling, General & Admin	346	427	473	496	595	445
Research & Development	512	496	428	482	478	476
Operating Expenses	858	923	901	978	1,073	921
Operating Income	768	728	1,200	1,261	-60	-1,633
Interest Expense	-106	-106	-101	-92	-99	-133
Interest & Investment Income	172	167	122	39	1	3
Currency Exchange Gain (Loss)	-24	-24	-16	-22	-	-
Other Non Operating Income (Expenses)	-40	-82	-37	-66	-57	-51
EBT Excluding Unusual Items	770	683	1,168	1,120	-215	-1,814
Merger & Restructuring Charges	-33	-7	-71	-94	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	38
Gain (Loss) on Sale of Assets	89	89	-13	506	39	140
Asset Writedown	-935	-935	-	-	-	-23
Legal Settlements	-	-	-	-	-	294
Pretax Income	-76	-170	1,084	1,532	-176	-1,365
Income Tax Expense	36	92	66	86	78	-12
Earnings From Continuing Operations	-112	-262	1,018	1,446	-254	-1,353
Net Income to Company	-112	-262	1,018	1,446	-254	-1,353
Minority Interest in Earnings	-3	-3	2	2	4	3
Net Income	-115	-265	1,020	1,448	-250	-1,350
Net Income to Common	-115	-265	1,020	1,448	-250	-1,350
Net Income Growth	-	-	-29.56%	-	-	-
Shares Outstanding (Basic)	553	553	552	539	506	500
Shares Outstanding (Diluted)	553	553	556	552	506	500
Shares Change (YoY)	-0.63%	-0.54%	0.73%	9.09%	1.20%	-0.79%
EPS (Basic)	-0.21	-0.48	1.85	2.69	-0.49	-2.70
EPS (Diluted)	-0.21	-0.48	1.83	2.62	-0.49	-2.70
EPS Growth	-	-	-30.15%	-	-	-
Free Cash Flow	972	1,097	321	-435	1,072	412
Free Cash Flow Per Share	1.76	1.98	0.58	-0.79	2.12	0.82
Gross Margin	23.77%	24.46%	28.42%	27.62%	15.38%	-14.68%
Operating Margin	11.22%	10.79%	16.23%	15.55%	-0.91%	-33.66%
Profit Margin	-1.68%	-3.93%	13.80%	17.86%	-3.80%	-27.83%
Free Cash Flow Margin	14.21%	16.25%	4.34%	-5.37%	16.28%	8.49%
EBITDA	2,164	2,221	2,587	2,802	1,477	889
EBITDA Margin	31.63%	32.90%	35.00%	34.56%	22.43%	18.33%
D&A For EBITDA	1,396	1,493	1,387	1,541	1,537	2,522
EBIT	768	728	1,200	1,261	-60	-1,633
EBIT Margin	11.22%	10.79%	16.23%	15.55%	-0.91%	-33.66%
Effective Tax Rate	-	-	6.09%	5.61%	-	-

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q