Globalfoundries Inc
NASDAQ:GFS
Income Statement
Earnings Waterfall
Globalfoundries Inc
Income Statement
Globalfoundries Inc
| Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
105
|
0
|
0
|
0
|
114
|
0
|
0
|
0
|
117
|
0
|
0
|
0
|
0
|
|
| Revenue |
5 487
N/A
|
7 480
+36%
|
7 854
+5%
|
8 108
+3%
|
8 009
-1%
|
7 861
-2%
|
7 639
-3%
|
7 392
-3%
|
7 100
-4%
|
6 887
-3%
|
6 774
-2%
|
6 750
0%
|
6 786
+1%
|
6 842
+1%
|
6 791
-1%
|
6 791
N/A
|
|
| Gross Profit | |||||||||||||||||
| Cost of Revenue |
(4 335)
|
(5 790)
|
(5 854)
|
(5 869)
|
(5 724)
|
(5 582)
|
(5 441)
|
(5 320)
|
(5 121)
|
(5 045)
|
(5 047)
|
(5 130)
|
(5 173)
|
(5 216)
|
(5 160)
|
(5 101)
|
|
| Gross Profit |
1 152
N/A
|
1 690
+47%
|
2 000
+18%
|
2 239
+12%
|
2 285
+2%
|
2 279
0%
|
2 198
-4%
|
2 072
-6%
|
1 979
-4%
|
1 842
-7%
|
1 727
-6%
|
1 620
-6%
|
1 613
0%
|
1 626
+1%
|
1 631
+0%
|
1 690
+4%
|
|
| Operating Income | |||||||||||||||||
| Operating Expenses |
(789)
|
(1 030)
|
(1 035)
|
(978)
|
(954)
|
(951)
|
(949)
|
(872)
|
(993)
|
(924)
|
(901)
|
(892)
|
(1 823)
|
(858)
|
(854)
|
(874)
|
|
| Selling, General & Administrative |
(418)
|
(539)
|
(534)
|
(451)
|
(491)
|
(502)
|
(516)
|
(443)
|
(484)
|
(466)
|
(421)
|
(406)
|
(382)
|
(346)
|
(348)
|
(362)
|
|
| Research & Development |
(372)
|
(492)
|
(502)
|
(372)
|
(463)
|
(449)
|
(433)
|
(356)
|
(443)
|
(458)
|
(480)
|
(415)
|
(499)
|
(512)
|
(506)
|
(512)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
(155)
|
0
|
0
|
0
|
(131)
|
0
|
0
|
0
|
(138)
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
58
|
(66)
|
0
|
0
|
67
|
(942)
|
0
|
0
|
0
|
|
| Operating Income |
363
N/A
|
660
+82%
|
965
+46%
|
1 261
+31%
|
1 331
+6%
|
1 328
0%
|
1 249
-6%
|
1 200
-4%
|
986
-18%
|
918
-7%
|
826
-10%
|
728
-12%
|
(210)
N/A
|
768
N/A
|
777
+1%
|
816
+5%
|
|
| Pre-Tax Income | |||||||||||||||||
| Interest Income Expense |
(79)
|
(98)
|
(82)
|
(54)
|
(30)
|
(10)
|
4
|
35
|
20
|
35
|
47
|
84
|
60
|
61
|
64
|
66
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
309
|
304
|
285
|
268
|
(71)
|
0
|
(52)
|
(36)
|
(942)
|
0
|
(937)
|
(936)
|
(19)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
18
|
34
|
41
|
(6)
|
(3)
|
(30)
|
(60)
|
(80)
|
(44)
|
(37)
|
(21)
|
(40)
|
20
|
32
|
45
|
48
|
|
| Pre-Tax Income |
302
N/A
|
596
+97%
|
924
+55%
|
1 532
+66%
|
1 602
+5%
|
1 573
-2%
|
1 461
-7%
|
1 084
-26%
|
962
-11%
|
864
-10%
|
816
-6%
|
(170)
N/A
|
(130)
+24%
|
(76)
+42%
|
(50)
+34%
|
911
N/A
|
|
| Net Income | |||||||||||||||||
| Tax Provision |
(77)
|
(107)
|
(104)
|
(86)
|
(80)
|
(78)
|
(53)
|
(66)
|
(64)
|
(48)
|
(71)
|
(92)
|
(55)
|
(36)
|
9
|
(23)
|
|
| Income from Continuing Operations |
225
|
489
|
820
|
1 446
|
1 522
|
1 495
|
1 408
|
1 018
|
898
|
816
|
745
|
(262)
|
(185)
|
(112)
|
(41)
|
888
|
|
| Income to Minority Interest |
0
|
0
|
3
|
2
|
2
|
5
|
4
|
2
|
1
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Net Income (Common) |
227
N/A
|
491
+116%
|
823
+68%
|
1 448
+76%
|
1 524
+5%
|
1 500
-2%
|
1 412
-6%
|
1 020
-28%
|
899
-12%
|
814
-9%
|
742
-9%
|
(265)
N/A
|
(188)
+29%
|
(115)
+39%
|
(44)
+62%
|
885
N/A
|
|
| EPS (Diluted) |
0.44
N/A
|
0.89
+102%
|
1.48
+66%
|
2.62
+77%
|
2.74
+5%
|
2.69
-2%
|
2.53
-6%
|
1.83
-28%
|
1.61
-12%
|
1.46
-9%
|
1.33
-9%
|
-0.48
N/A
|
-0.35
+27%
|
-0.22
+37%
|
-0.1
+55%
|
1.59
N/A
|
|