Education
About Us
Working with TipRanks
Follow Us
GlobalFoundries Inc (GFS)
NASDAQ:GFS
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.35Last Year’s EPS
0.34Same Quarter Last Year
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong margin expansion, record free cash flow, accelerating design-win momentum, strategic acquisitions (silicon photonics and processor IP) and a solid balance sheet enabling a $500M repurchase. Growth pockets were substantial — communications infrastructure & data center (+29% YoY), automotive (+17% YoY) and a doubled silicon photonics base — supporting a positive multi-year thesis. Near-term weaknesses include smart mobile and some IoT declines, a flat full-year revenue profile, an expected sequential Q1 decline, and an intentional increase in 2026 CapEx that will reduce free cash flow margin. On balance, the positive operational and financial momentum, coupled with strategic acquisitions and record cash generation, outweigh the short-term headwinds and investment-driven pressures.Company Guidance
Q4 Revenue and Shipments
Q4 revenue of $1.83B, up 8% sequentially and flat year-over-year; shipped ~619,300 300mm-equivalent wafers in the quarter (+3% sequential, +4% YoY).
Full-Year Revenue, Shipments and Utilization
Full year revenue of ~$6.791B (+1% YoY); shipped ~2.3M 300mm-equivalent wafers in 2025 (+10% YoY) with utilization ~85% for the year.
Gross Margin and Profitability Expansion
Q4 gross margin ~29% (gross profit $530M), up ~300 bps sequentially and ~360 bps YoY; full-year gross margin 26.1% (+80 bps YoY). Q4 operating margin 18.3% (operating profit $335M), up 270 bps YoY; full-year operating margin 15.7% (+210 bps YoY).
Earnings and Cash Flow Strength
Q4 net income ~$310M (diluted EPS $0.55); full-year net income ~$965M (diluted EPS $1.72, +10% YoY). Adjusted free cash flow Q4 $264M (14% margin); full year adjusted free cash flow $1.2B (17% margin), a company record.
Balance Sheet & Capital Return
Cash, cash equivalents and marketable securities of ~ $4.0B; total debt $1.2B and $1.0B undrawn revolver. Board authorized up to $500M share repurchase program.
Silicon Photonics & Communications Infrastructure Momentum
Silicon photonics revenue roughly doubled in 2025 to >$200M and Q4 communications infrastructure & data center revenue grew ~32% YoY (29% for full year). Company expects to nearly double silicon photonics again in 2026 and targets a $1B run-rate by end of 2028.
Design Win and Customer Momentum
Recorded >500 design wins in 2025 (company record) with >95% sole-source design wins; new customer engagements across hyperscalers, automotive OEMs, mobile OEMs/fabless, and industrial IDMs indicating broadening TAM and future production opportunities.
Strategic Acquisitions to Accelerate Roadmaps
Acquisitions of AMF and InfiniLink (silicon photonics), MIPS and announced Synopsys ARC IP (processor IP) to accelerate silicon photonics and physical AI offerings. Management expects MIPS to contribute $60–$100M in 2026 and AMF roughly $75M; these are described as margin-accretive (~+1 point incremental margin in 2026 aggregate).
GFS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GFS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | $41.90 | $48.74 | +16.32% |
Nov 12, 2025 | $34.81 | $34.17 | -1.84% |
Aug 05, 2025 | $36.18 | $32.80 | -9.34% |
May 06, 2025 | $35.88 | $34.91 | -2.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GlobalFoundries Inc (GFS) report earnings?
GlobalFoundries Inc (GFS) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is GlobalFoundries Inc (GFS) earnings time?
GlobalFoundries Inc (GFS) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GFS EPS forecast?
GFS EPS forecast for the fiscal quarter 2026 (Q1) is 0.35.
