GLOBALFOUNDRIES INC

Latest Results (30.08.2026):

GLOBALFOUNDRIES Inc. first quarter 2026 results: revenue of $1.634 billion, IFRS gross margin 27.6% (Non‑IFRS 29.0%), net income $104 million (Non‑IFRS net income $227 million) and diluted EPS $0.18 (Non‑IFRS $0.40). The company reported strong Non‑IFRS profitability, solid operating cash flow, and continued product and partnership progress in silicon photonics, automotive eMRAM and expanded foundry agreements.

Revenue & margins

Q1 2026 revenue was $1.634B, up 3% year‑over‑year but down 11% sequentially. IFRS gross margin was 27.6% (+520 bps YoY); Non‑IFRS gross margin was 29.0% (flat sequentially, +510 bps YoY).

Profitability & EPS

IFRS operating margin was 11.0% and operating profit $180M. IFRS net income was $104M (6.4% margin) and diluted EPS $0.18. On a Non‑IFRS basis, operating margin was 16.6%, net income $227M (13.9% margin) and diluted EPS $0.40. Non‑IFRS adjusted EBITDA was $561M (34.3% margin).

Cash, cash flow & balance sheet

Ending cash, cash equivalents and marketable securities totaled $3.8B. Net cash provided by operating activities was $542M and Non‑IFRS adjusted free cash flow was $233M. Total assets were $16.897B with total liabilities of $5.149B as of March 31, 2026.

Operational & business highlights

GF launched the SCALE silicon photonics CPO solution, announced an expanded multi‑billion dollar partnership with Renesas, advanced wafer‑level detachable fiber interfaces with SENKO, and made Auto Grade 1 ready eMRAM available on its FDX platform — signaling momentum in AI, data center, automotive and silicon photonics markets.

Second quarter 2026 guidance

Q2 2026 guidance: revenue ~$1.760B ± $25M; IFRS gross margin ~27.4% ± 100bps (Non‑IFRS ~28.5% ± 100bps); Non‑IFRS diluted EPS ~$0.43 ± $0.05 (IFRS diluted EPS ~$0.30 ± $0.05). Fully diluted share count expected ~555M.