
Globalfoundries Inc
NASDAQ:GFS

Income Statement
Earnings Waterfall
Globalfoundries Inc
Revenue
|
6.8B
USD
|
Cost of Revenue
|
-5.1B
USD
|
Gross Profit
|
1.7B
USD
|
Operating Expenses
|
-920m
USD
|
Operating Income
|
731m
USD
|
Other Expenses
|
-996m
USD
|
Net Income
|
-265m
USD
|
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
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%
|
|
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)
|
(5 099)
|
|
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%
|
1 651
-4%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(789)
|
(1 030)
|
(1 035)
|
(978)
|
(954)
|
(951)
|
(949)
|
(872)
|
(993)
|
(924)
|
(901)
|
(920)
|
|
Selling, General & Administrative |
(418)
|
(539)
|
(534)
|
(451)
|
(491)
|
(502)
|
(516)
|
(443)
|
(484)
|
(466)
|
(421)
|
(425)
|
|
Research & Development |
(372)
|
(492)
|
(502)
|
(372)
|
(463)
|
(449)
|
(433)
|
(356)
|
(443)
|
(458)
|
(480)
|
(495)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(155)
|
0
|
0
|
0
|
(131)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
58
|
(66)
|
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%
|
731
-12%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(79)
|
(98)
|
(82)
|
(54)
|
(30)
|
(10)
|
4
|
35
|
20
|
35
|
47
|
56
|
|
Non-Reccuring Items |
0
|
0
|
0
|
309
|
304
|
285
|
268
|
(71)
|
0
|
(52)
|
(36)
|
(945)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
18
|
34
|
41
|
(6)
|
(3)
|
(30)
|
(60)
|
(80)
|
(44)
|
(37)
|
(21)
|
(12)
|
|
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
|
|
Net Income | |||||||||||||
Tax Provision |
(77)
|
(107)
|
(104)
|
(86)
|
(80)
|
(78)
|
(53)
|
(66)
|
(64)
|
(48)
|
(71)
|
(92)
|
|
Income from Continuing Operations |
225
|
489
|
820
|
1 446
|
1 522
|
1 495
|
1 408
|
1 018
|
898
|
816
|
745
|
(262)
|
|
Income to Minority Interest |
0
|
0
|
3
|
2
|
2
|
5
|
4
|
2
|
1
|
(2)
|
(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
|
|
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
|