See more : Defense Metals Corp. (DFMTF) Income Statement Analysis – Financial Results
Complete financial analysis of GLOBALFOUNDRIES Inc. (GFS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of GLOBALFOUNDRIES Inc., a leading company in the Semiconductors industry within the Technology sector.
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GLOBALFOUNDRIES Inc. (GFS)
About GLOBALFOUNDRIES Inc.
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems, as well as offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Malta, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 7.39B | 8.11B | 6.59B | 4.85B | 5.81B | 6.20B |
| Cost of Revenue | 5.29B | 5.87B | 5.57B | 5.56B | 6.35B | 6.65B |
| Gross Profit | 2.10B | 2.24B | 1.01B | -712.72M | -532.24M | -450.05M |
| Gross Profit Ratio | 28.42% | 27.61% | 15.38% | -14.69% | -9.16% | -7.26% |
| Research & Development | 428.00M | 482.00M | 478.00M | 475.77M | 582.97M | 926.22M |
| General & Administrative | 448.00M | 451.00M | 545.03M | 287.64M | 358.94M | 325.27M |
| Selling & Marketing | 0.00 | 45.00M | 49.97M | 0.00 | 0.00 | 0.00 |
| SG&A | 448.00M | 496.00M | 595.00M | 287.64M | 358.94M | 325.27M |
| Other Expenses | 96.00M | 22.00M | -8.00M | 157.22M | 86.69M | 61.33M |
| Operating Expenses | 972.00M | 978.00M | 1.07B | 920.63M | 1.03B | 1.38B |
| Cost & Expenses | 6.26B | 6.85B | 6.65B | 6.48B | 7.37B | 8.03B |
| Interest Income | 149.00M | 51.00M | 5.70M | 3.10M | 11.38M | 10.28M |
| Interest Expense | 137.00M | 60.00M | 108.00M | 132.66M | 202.78M | 137.51M |
| Depreciation & Amortization | 1.45B | 1.62B | 1.62B | 2.52B | 2.68B | 2.95B |
| EBITDA | 2.64B | 3.27B | 1.56B | 1.31B | 1.76B | 503.15M |
| EBITDA Ratio | 35.66% | 35.84% | 23.55% | 21.04% | 20.36% | 18.89% |
| Operating Income | 1.13B | 1.17B | -68.00M | -1.50B | -1.49B | -2.52B |
| Operating Income Ratio | 15.27% | 14.39% | -1.03% | -30.97% | -25.72% | -40.72% |
| Total Other Income/Expenses | -45.00M | 365.00M | -116.00M | 291.00M | 477.67M | -86.29M |
| Income Before Tax | 1.08B | 1.53B | -176.00M | -1.36B | -1.15B | -2.61B |
| Income Before Tax Ratio | 14.66% | 18.89% | -2.67% | -28.10% | -19.73% | -42.12% |
| Income Tax Expense | 66.00M | 86.00M | 78.00M | -12.27M | 224.06M | 16.45M |
| Net Income | 1.02B | 1.45B | -254.00M | -1.35B | -1.37B | -2.70B |
| Net Income Ratio | 13.80% | 17.86% | -3.86% | -27.85% | -23.59% | -43.60% |
| EPS | 1.85 | 2.69 | -0.50 | -1.35 | -1.36 | -5.08 |
| EPS Diluted | 1.83 | 2.62 | -0.50 | -1.35 | -1.36 | -5.08 |
| Weighted Avg Shares Out | 552.00M | 539.00M | 505.76M | 1.00B | 1.01B | 531.85M |
| Weighted Avg Shares Out (Dil) | 556.00M | 552.00M | 505.76M | 1.00B | 1.01B | 531.85M |
Why Is GlobalFoundries (GFS) Stock Up Nearly 10% Today?
Semiconductor foundry GlobalFoundries (NASDAQ: GFS ) popped sharply higher on Wednesday, gaining about 10% before paring back some of the enthusiasm. Recent comments by former President Donald Trump catapulted the swing up.
Why GlobalFoundries Stock Soared 7% on Wednesday
Former President Trump complained about Taiwan's dominance in the market for contract production of semiconductors yesterday. Shares of Taiwan Semiconductor Manufacturing are taking a hit on the news.
Short Idea Alert: Beyond Meat, Shake Shack, Plus One Semiconductor Stock Analysts Have On Their Lists Right Now
As the market transitions into the second half of 2024, JPMorgan's equity research analysts have identified several companies they believe are ready to be shorted.
GlobalFoundries Announces Conference Call to Review Second Quarter 2024 Financial Results
MALTA, N.Y., July 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 6, 2024, at 8:30 a.m. ET following the release of the company's second quarter 2024 financial results.
GlobalFoundries races to find semiconductor talent as demand for chips soars
The semiconductor industry is recruiting workers in a tight labor market as the competition for talent ramps up and funding from the CHIPS and Science Act continues to be dispersed. It's also staring down a projected shortfall of as much...
GlobalFoundries Acquires Tagore Technology's GaN Technology to Accelerate Disruptive Power Management Solutions
Technology acquisition expands GF's power management solutions and differentiated roadmap Technology acquisition expands GF's power management solutions and differentiated roadmap
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BAE Systems and GlobalFoundries Collaborate to Strengthen Supply of Essential Semiconductors for National Security Programs
Collaboration to focus on U.S. chip manufacturing and joint research and development for advanced chip technologies Collaboration to focus on U.S. chip manufacturing and joint research and development for advanced chip technologies
GlobalFoundries Joins CHIPS Women in Construction Framework
GF commits to framework of U.S. Commerce Secretary Gina Raimondo's “Million Women in Construction” Initiative GF commits to framework of U.S. Commerce Secretary Gina Raimondo's “Million Women in Construction” Initiative
Source: https://incomestatements.info
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