GLOBALFOUNDRIES Inc. (GFS) Income Statement
GFS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGFS revenue and net income
Where GFS's revenue goes
2025Each bar shows an amount and its share of revenue. GFS kept 13.0% of revenue as net income.
GFS profit margins
GFS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.6% | −5.7% | +7.0% | — |
| Gross profit | +3.6% | −8.6% | — | — |
| Operating income | — | −11.9% | — | — |
| Net income | — | −15.1% | — | — |
| EPS (diluted) | +10.3% | −17.9% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GFS quarterly EPS vs estimates
GLOBALFOUNDRIES beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.39).
GFS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.79B | $6.75B | $7.39B | $8.11B | $6.58B | $4.85B | $5.81B | $6.20B |
| Cost of revenue | $5.08B | $5.10B | $5.29B | $5.87B | $5.57B | $5.56B | $6.35B | $6.65B |
| Gross profit | $1.71B | $1.65B | $2.10B | $2.24B | $1.01B | −$712.0M | −$532.2M | −$450.1M |
| Research & development | $518.0M | $496.0M | $428.0M | $482.0M | $478.0M | $476.0M | $583.0M | $926.2M |
| Sales, general & admin | $337.0M | $427.0M | $473.0M | $496.0M | $596.0M | $330.0M | $358.9M | $325.3M |
| Total operating expenses | $913.0M | $1.86B | $972.0M | $1.07B | $1.07B | $944.0M | $1.09B | $2.07B |
| Operating income | $797.0M | −$214.0M | $1.13B | $1.17B | −$60.0M | −$1.66B | −$1.62B | −$2.52B |
| Interest income | $159.0M | $201.0M | $149.0M | $51.0M | $5.7M | $3.1M | $11.4M | $10.3M |
| Interest expense | $50.0M | $145.0M | $137.0M | $117.0M | $113.7M | $154.4M | $230.2M | $164.8M |
| Income before taxes | $911.0M | −$170.0M | $1.08B | $1.53B | −$176.0M | −$1.36B | −$1.15B | −$2.61B |
| Income taxes | $23.0M | $92.0M | $66.0M | $86.0M | $78.0M | −$12.0M | $224.1M | $16.4M |
| Net income | $885.0M | −$265.0M | $1.02B | $1.45B | −$250.0M | −$1.35B | −$1.37B | −$2.70B |
| EBITDA | $2.23B | $1.50B | $2.64B | $3.25B | $1.54B | $1.29B | $1.73B | $475.9M |
| EPS (diluted) | $1.72 | $1.56 | $2.24 | $3.11 | $0.19 | −$2.54 | −$2.72 | −$4.68 |
| Gross margin | 25.2% | 24.5% | 28.4% | 27.6% | 15.4% | −14.7% | −9.2% | −7.3% |
| Operating margin | 11.7% | −3.2% | 15.3% | 14.4% | −0.9% | −34.1% | −28.0% | −40.7% |
| Net margin | 13.0% | −3.9% | 13.8% | 17.9% | −3.8% | −27.8% | −23.6% | −43.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.79B | $1.63B | $1.83B | $1.69B | $1.69B | $1.58B | $1.83B | $1.74B | $1.63B | $1.55B | $1.85B | $1.85B |
| Cost of revenue | $1.28B | $1.18B | $1.30B | $1.27B | $1.28B | $1.23B | $1.38B | $1.32B | $1.24B | $1.16B | $1.33B | $1.32B |
| Gross profit | $505.0M | $451.0M | $528.0M | $419.0M | $408.0M | $355.0M | $449.0M | $414.0M | $395.0M | $393.0M | $525.0M | $529.0M |
| Research & development | $174.0M | $132.0M | $133.0M | $124.0M | $134.0M | $127.0M | $121.0M | $130.0M | $121.0M | $124.0M | $105.0M | $108.0M |
| Sales, general & admin | $157.0M | $139.0M | $82.0M | $100.0M | $78.0M | $77.0M | $67.0M | $98.0M | $114.0M | $122.0M | $62.0M | $143.0M |
| Total operating expenses | $331.0M | $271.0M | $273.0M | $224.0M | $212.0M | $204.0M | $1.15B | $229.0M | $240.0M | $246.0M | $222.0M | $268.0M |
| Operating income | $174.0M | $180.0M | $255.0M | $195.0M | $196.0M | $151.0M | −$701.0M | $185.0M | $155.0M | $147.0M | $303.0M | $261.0M |
| Income before taxes | $196.0M | $185.0M | $274.0M | $221.0M | $221.0M | $195.0M | −$687.0M | $195.0M | $167.0M | $155.0M | $299.0M | $243.0M |
| Income taxes | $29.0M | $81.0M | $74.0M | −$28.0M | −$7.0M | −$16.0M | $42.0M | $17.0M | $12.0M | $21.0M | $21.0M | −$6.0M |
| Net income | $166.0M | $103.0M | $199.0M | $248.0M | $228.0M | $210.0M | −$730.0M | $177.0M | $155.0M | $133.0M | $277.0M | $249.0M |
| EBITDA | $481.0M | $496.0M | $587.0M | $535.0M | $544.0M | $534.0M | $594.0M | $561.0M | $542.0M | $547.0M | $716.0M | $630.0M |
| EPS (diluted) | $0.33 | $0.40 | $0.55 | $0.41 | $0.42 | $0.34 | $0.46 | $0.41 | $0.38 | $0.31 | $0.64 | $0.55 |
| Gross margin | 28.3% | 27.6% | 28.9% | 24.8% | 24.2% | 22.4% | 24.5% | 23.8% | 24.2% | 25.4% | 28.3% | 28.6% |
| Operating margin | 9.7% | 11.0% | 13.9% | 11.6% | 11.6% | 9.5% | −38.3% | 10.6% | 9.5% | 9.5% | 16.3% | 14.1% |
| Net margin | 9.3% | 6.3% | 10.9% | 14.7% | 13.5% | 13.2% | −39.9% | 10.2% | 9.5% | 8.6% | 14.9% | 13.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GFS's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GFS financial results
In fiscal year 2025 (ended December 31, 2025), GLOBALFOUNDRIES reported revenue of $6.8 billion, up 0.6% from the year before. It had net income of $885.0 million, a net profit margin of 13.0%. Diluted earnings per share came to $1.72. Over five years revenue grew at an average rate of 7.0% a year.
See the GFS stock overview for the latest quote and news, or the GFS chart for price history and technical indicators.
GFS income statement FAQ
What is GLOBALFOUNDRIES's annual revenue?
GLOBALFOUNDRIES reported total revenue of $6.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.6% from $6.8 billion the previous year.
Is GLOBALFOUNDRIES profitable?
Yes. GLOBALFOUNDRIES reported net income of $885.0 million in fiscal 2025, a net profit margin of 13.0%; its operating margin was 11.7%.
What is GLOBALFOUNDRIES's gross margin?
GLOBALFOUNDRIES's gross margin was 25.2% in fiscal 2025: for every $100 of revenue, GLOBALFOUNDRIES kept $25 after the direct cost of its products and services.
How much does GLOBALFOUNDRIES spend on research and development?
GLOBALFOUNDRIES spent $518.0 million on research and development in fiscal 2025, 7.6% of revenue.
How fast is GLOBALFOUNDRIES growing?
Revenue grew 7.0% a year on average over the last five fiscal years, from $4.9 billion to $6.8 billion.
What are GLOBALFOUNDRIES's earnings per share?
GLOBALFOUNDRIES earned $1.72 per diluted share in fiscal 2025, compared with $1.56 a year earlier.
When will GLOBALFOUNDRIES report its next earnings?
GLOBALFOUNDRIES is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does GLOBALFOUNDRIES's fiscal year end?
GLOBALFOUNDRIES's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.