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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 |
U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.
US awards $1.5 bln to GlobalFoundries for domestic semiconductor production
The U.S. government is awarding $1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday, in a bid to strengthen domestic supply chains.
GlobalFoundries (GFS) Q4 Earnings & Revenues Beat, Dip Y/Y
GlobalFoundries' (GFS) fourth-quarter results reflect weakness across the smart mobile devices, communications infrastructure and datacenter, home and industrial IoT, and personal computing markets.
GLOBALFOUNDRIES Inc. (GFS) Q4 2023 Earnings Call Transcript
GLOBALFOUNDRIES Inc. (GFS) Q4 2023 Earnings Call Transcript
GlobalFoundries Inc. (GFS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for GlobalFoundries Inc. (GFS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
GlobalFoundries Inc. (GFS) Q4 Earnings and Revenues Top Estimates
GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $1.44 per share a year ago.
Chipmaker GlobalFoundries forecasts Q1 results below estimates, shares drop
GlobalFoundries forecast first-quarter results below Wall Street estimates on Tuesday, as the contract chipmaker faces competition from larger rivals while a supply glut persists in certain pockets of the semiconductor industry.
GlobalFoundries Latest Chipmaker To Guide Lower For March Quarter
GlobalFoundries delivered in-line to better-than-expected results for the fourth quarter but guided well below views for the current period.
GlobalFoundries Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results
MALTA, N.Y., Feb. 13, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023.
GlobalFoundries (GFS) to Report Q4 Earnings: What's in the Offing?
GlobalFoundries (GFS) fourth-quarter 2023 results are likely to reflect strength across automotive and IoT end markets. However, weakness in communications infrastructure and data center markets is a concern.
Source: https://incomestatements.info
Category: Stock Reports