NASDAQ$GFS

GlobalFoundries Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

GFS Q4 2023 — $35.0M revenue

Forward-looking statements are not guarantees of future performance and our actual results of operations, financial condition and liquidity, and the development of the industries in which we. GlobalFoundries Inc reported Q4 2023 results. Net income of $1K. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $35.0M.
  • Net income: $1K.
  • Operating income: $1K.
  • Gross profit: $2K.

Headline financials

Total Revenue

$1.85B

Previous: $2.1B-11.8%
EPS (adj)

$0.64

Previous: $1.44-55.6%
Capital Expenditures

-$305M

No prior period
Net Income

$277M

No prior period
Operating Income

$333M

No prior period
Gross Profit

$525M

No prior period
R&D Expense

$105M

No prior period

Revenue & EPS history

GlobalFoundries · Revenue · Quarterly

$1.85B

Q4 2023-11.8%vs Q4 2022
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

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 Q4 2023

Historical avgQ4 2023

+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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