GFS · Globalfoundries Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $6.79B | $6.75B | $7.39B | $8.11B | $4.85B |
| Cost of Revenue | $5.10B | $5.10B | $5.29B | $5.87B | $5.56B |
| Gross Profit | $1.69B | $1.65B | $2.10B | $2.24B | ($712.72M) |
| R&D | $518.00M | $496.00M | $428.00M | $482.00M | $475.77M |
| SG&A | $375.00M | $427.00M | $473.00M | $496.00M | $444.86M |
| Total Operating Expenses | - | - | - | - | - |
| D&A | $1.17B | $1.42B | $1.32B | $1.47B | $2.19B |
| Operating Income | $797.00M | ($214.00M) | $1.13B | $1.17B | ($1.66B) |
| Interest Expense | $93.00M | $145.00M | $137.00M | $111.00M | $154.39M |
| Income Tax | $23.00M | $92.00M | $66.00M | $86.00M | ($12.27M) |
| Net Income | $888.00M | ($262.00M) | $1.02B | $1.45B | ($1.35B) |
| EPS - Basic | $1.59 | ($0.48) | $1.85 | $2.69 | ($2.70) |
| EPS - Diluted | $1.59 | ($0.48) | $1.83 | $2.62 | ($2.70) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.81B | $2.18B | $2.39B | $2.35B | $1.02B |
| Accounts Receivable | $1.04B | $906.00M | $1.00B | $824.00M | $767.26M |
| Inventory | $1.58B | $1.62B | $1.49B | $1.34B | $1.12B |
| Accounts Payable | $2.15B | $2.09B | $2.35B | $2.85B | $2.59B |
| Current Assets | $6.21B | $6.42B | $6.33B | $5.80B | $2.99B |
| Total Assets | $17.14B | $16.80B | $18.04B | $17.84B | $15.03B |
| Current Liabilities | $2.37B | $3.04B | $3.10B | $3.36B | $1.90B |
| Long-term Debt | - | - | - | - | - |
| Total Liabilities | $5.16B | $5.97B | $6.89B | $7.88B | $5.08B |
| Stockholders' Equity | $11.98B | $11.30B | $11.15B | $9.96B | $6.50B |
| Retained Earnings | ($12.38B) | ($13.27B) | ($13.00B) | ($14.02B) | ($15.22B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.73B | $1.72B | $2.13B | $2.62B | $1.01B |
| Investing Cash Flow | ($1.27B) | ($1.13B) | ($1.88B) | ($4.06B) | ($366.17M) |
| Financing Cash Flow | ($845.00M) | ($785.00M) | ($212.00M) | $842.00M | ($732.74M) |
| CapEx | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 24.9% | 24.5% | 28.4% | 27.6% | -14.7% |
| Operating margin | 11.7% | -3.2% | 15.3% | 14.4% | -34.1% |
| EBITDA margin | 28.9% | 17.9% | 33.1% | 32.5% | 10.9% |
| Net margin | 13.1% | -3.9% | 13.8% | 17.8% | -27.8% |
| Free cash flow margin | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - |
| R&D / Revenue | 7.6% | 7.3% | 5.8% | 5.9% | 9.8% |
| SG&A / Revenue | 5.5% | 6.3% | 6.4% | 6.1% | 9.2% |
| Effective tax rate | 2.5% | - | 6.1% | 5.6% | - |
| Return on assets | 5.2% | -1.6% | 5.6% | 8.1% | -9.0% |
| Return on equity | 7.4% | -2.3% | 9.1% | 14.5% | -20.8% |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 2.62 | 2.11 | 2.04 | 1.73 | 1.58 |
| Quick ratio | 1.95 | 1.57 | 1.56 | 1.33 | 0.98 |
| Cash ratio | 0.76 | 0.72 | 0.77 | 0.70 | 0.54 |
| Leverage | |||||
| Debt / Equity | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | 8.6x | -1.5x | 8.2x | 10.5x | -10.7x |
| Equity multiplier | 1.43 | 1.49 | 1.62 | 1.79 | 2.31 |
| Liabilities / Assets | 0.30 | 0.36 | 0.38 | 0.44 | 0.34 |
| Efficiency | |||||
| Asset turnover | 0.40 | 0.40 | 0.41 | 0.45 | 0.32 |
| Inventory turnover | 3.23 | 3.14 | 3.56 | 4.38 | 4.96 |
| Days sales outstanding | 56d | 49d | 49d | 37d | 58d |
| Days inventory outstanding | 113d | 116d | 103d | 83d | 74d |
| Days payable outstanding | 154d | 150d | 162d | 177d | 170d |
| Cash conversion cycle | 15d | 15d | -10d | -57d | -38d |
| Valuation | |||||
| P / E | 22.0x | - | 33.1x | 20.6x | - |
| P / B | 1.6x | 2.1x | 3.0x | 2.9x | 5.0x |
| P / S | 2.9x | 3.5x | 4.5x | 3.6x | 6.7x |
| EV / EBITDA | 8.9x | 17.8x | 12.7x | 10.1x | 59.3x |
| Growth | |||||
| Revenue growth (YoY) | 0.6% | -8.7% | -8.8% | 67.2% | - |
| Revenue CAGR (3y) | -5.7% | 11.6% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 2.4% | -21.4% | -6.2% | - | - |
| Operating income growth (YoY) | - | - | -3.3% | - | - |
| Net income growth (YoY) | - | - | -29.6% | - | - |
| EPS growth (YoY) | - | - | -30.2% | - | - |
| EPS CAGR (3y) | -15.3% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 6.1% | 1.3% | 12.0% | 53.2% | - |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.06
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing GLOBALFOUNDRIES Inc. against the 5 most active filers in the same SIC group.