
GLOBALFOUNDRIES Inc.
NASDAQ•GFS
CEO: Dr. Thomas H. Caulfield DES, Ph.D.
Sector: Technology
Industry: Semiconductors
Listing Date: 2021-10-28
GlobalFoundries Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.
Contact Information
Market Cap
$22.92B
P/E (TTM)
-528.3
65
Dividend Yield
--
52W High
$47.69
52W Low
$29.77
52W Range
Rank51Top 71.3%
3.0
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025
Financial Dashboard
Q3 2025 Data
Revenue
$1.69B-2.93%
4-Quarter Trend
EPS
$0.45+40.63%
4-Quarter Trend
FCF
$406.00M+90.61%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Revenue Decline Amid Correction Net revenue fell 8.7% to $6.75B USD; 300mm wafer shipments decreased 4% due to customer inventory adjustments.
Gross Margin Pressure, Impairment Gross margin dropped 390 basis points to 24.5%; recorded $935M impairment charge on Malta legacy fabrication assets.
Increased Technology Investment R&D expenses increased 15.9% to $496M USD, reflecting higher portfolio investments and personnel costs for future differentiation.
Strong Operating Cash Flow Cash provided by operating activities totaled $1.72B USD, supported by $1.0B undrawn revolving credit facility available for liquidity.
Risk Factors
Significant Net Loss Recorded Reported net loss of $(262)M USD for 2024, contrasting sharply with $1.02B income reported in the prior fiscal year.
ASP Decline and Utilization Average selling price per wafer declined 3%; utilization rate was 77%, exposing high fixed costs to margin pressure.
Internal Control Weaknesses Management concluded ICFR was not effective at year-end 2024 due to insufficient expertise retention and control documentation issues.
Geopolitical and Trade Tensions Exposure remains high from global economic tensions, trade barriers, and reliance on complex silicon supply chains globally.
Outlook
Major US Capacity Investment Plans include over $12B investment across US sites, contingent upon securing anticipated federal and state government funding support.
AI Refresh Drives Recovery Future demand improvement relies on stabilization of inflation/interest rates and the anticipated catalyst of the AI refresh cycle.
Managing Long-Term Agreements Expect limited continuation of LTA renegotiations in 2025 as the company works to preserve economic value of existing contracts.
Focus on Differentiated Platforms Strategy pivots toward differentiated platforms like RF, FinFET, and SiPh, discontinuing the intensive single-digit node R&D program.
Peer Comparison
Revenue (TTM)
$236.13B
$22.10B
ASX$19.92B
Gross Margin (Latest Quarter)
FFIV82.2%
68.9%
TER58.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ASX | $42.34B | 37.5 | 11.3% | 34.0% |
| TER | $36.29B | 81.7 | 15.9% | 1.7% |
| ON | $24.67B | 76.9 | 3.9% | 27.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.7%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 10, 2026
EPS:$0.47
|Revenue:$1.80B
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Mar 20, 2025|Revenue: $6.75B-8.7%|EPS: $-0.48-125.9%MissForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 29, 2024|Revenue: $7.39B-8.8%|EPS: $1.85-31.2%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 14, 2023|Revenue: $8.11B+23.1%|EPS: $2.69+649.0%MissForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Mar 31, 2022|Revenue: $6.59B+35.7%|EPS: $-0.50+80.7%Miss