NASDAQ$GFS

GlobalFoundries Inc · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

GlobalFoundries reported its Q3 2025 financial results, achieving strong profitability and operational performance.

GlobalFoundries delivered solid Q3 results with net income of $249M, stable revenue of $1.688B, and gross margin improvement. Continued strength in Automotive and Data Center markets supported performance.

  • Revenue held steady at $1.688B, matching Q2 but slightly down from last year.
  • Net income rose to $249M, up from $178M in Q3 2024.
  • Non-GAAP operating margin increased to 15.4%.
  • Strong momentum in silicon photonics and FDX platforms.

Headline financials

Total Revenue

$1.69B

Previous: $1.74B-2.9%
EPS (adj)

$0.41

Previous: $0.41+0.0%
Non-GAAP Operating Margin

15.4%

No prior period
Gross Margin

24.8%

No prior period
Operating Margin

11.6%

No prior period
Net Income Margin

14.8%

No prior period
Non-GAAP Gross Margin

26.0%

No prior period
Non-GAAP Net Income Margin

13.7%

No prior period
Non-GAAP Adjusted EBITDA

$573M

No prior period
Non-GAAP Adjusted EBITDA Margin

33.9%

No prior period
Wafer Shipments (300mm eq.)

602.0K

No prior period
Non-GAAP Adj. FCF Margin

26.7%

No prior period
Net Income

$249M

Previous: $177M+40.7%
Operating Income

$195M

Previous: $186M+4.8%
Gross Profit

$419M

Previous: $414M+1.2%

Revenue & EPS history

GlobalFoundries · Revenue · Quarterly

$1.69B

Q3 2025-2.9%vs Q3 2024
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Revenue by segment

GlobalFoundries · $3.06B total across 6 segments · Q1 2026

  • Manufacturing Services
    $1.43B
  • Smart Mobile Devices
    $558M
  • Automotive
    $382M
  • Home and Industrial IoT
    $255M
  • Communications Infrastructure & Datacenter
    $230M
  • Technology Services
    $209M

Forward guidance

For Q4 2025, GlobalFoundries expects revenue of approximately $1.8B and non-GAAP EPS of $0.47, with gross and operating margins improving due to favorable product mix and cost control.

Tailwinds

  • Q4 revenue guidance set at $1.8B ± $25M.
  • Non-GAAP gross margin expected at 28.5%.
  • Non-GAAP operating margin guided at 16.8%.
  • Non-GAAP EPS forecasted at $0.47.
  • Production ramp in Dresden supported by EU Chips Act funding.

Headwinds

  • Share-based compensation expected to impact margins (~90 bps for gross, ~350 bps for operating).
  • Adjusted EBITDA projected to decline year-over-year.
  • Capital expenditures remain elevated.
  • Ongoing geopolitical and macroeconomic risks noted.
  • Possible delays in incentive-related funding may affect planned expansions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.6%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+3.3%

Avg return

30 days after

53%

9 / 17 earnings

Positive

+29.9%

Q3 2024

Best reaction

-8.9%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.5%+9.5%+24.0%
Q3 2025-1.8%-5.3%+11.3%
Q2 2025-8.7%-10.8%-7.9%
Q1 2025-2.6%+1.4%+4.5%
Q4 2024+6.3%+14.4%-3.2%
Q3 2024+29.9%+22.1%+23.0%
Q1 2024+5.3%+2.7%-1.3%
Q4 2023-1.5%-4.4%-5.8%
Q3 2023+2.6%+0.6%+2.1%
Q2 2023+0.1%-3.8%-4.4%
Q1 2023-8.9%-10.2%-0.7%
Q4 2022+5.7%+1.5%+0.9%
Q3 2022+8.4%+15.1%+10.9%
Q2 2022-2.5%+9.7%+1.7%
Q1 2022-6.2%+0.9%+1.7%
Q4 2021+4.6%-1.9%+8.1%
Q3 2021-6.1%-2.1%-8.6%
Q2 2021
Q4 2020
Q3 2020
Q2 2020

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