GlobalFoundries Earnings Reports

The company reported $1.585 billion in revenue and $211 million in net income for Q1 2025, reflecting strong execution in key markets. Adjusted EPS was $0.34, and the company exceeded guidance on several financial metrics.

GlobalFoundries reported Q4 2024 revenue of $1.83 billion, a 1% decrease year-over-year. The company recorded a net loss of $729 million due to a $935 million impairment charge but achieved a non-IFRS net income of $256 million. Operating income showed a loss of $701 million, while non-IFRS operating profit reached $285 million. Free cash flow was $328 million, and cash and cash equivalents stood at $2.192 billion.