GlobalFoundries Reports Second Quarter 2026 Financial Results
GlobalFoundries reported Q2 revenue of $1.786 billion, up 6% year-over-year, with revenue and Non-IFRS gross margin exceeding the high end of guidance ranges. The company paid its first-ever quarterly dividend of $0.12 per share and completed the acquisitions of Photeon Technologies and Synopsys’ ARC Processor IP business. Strategically, GF signed a letter of intent for a $300 million award from the U.S. Department of Commerce for silicon photonics and expects a $375 million grant for its Quantum Technology Solutions unit.
Key figures
- Eps
- 0.3
- Revenue
- 1786000000
- Guidance
- Q3 2026 revenue $1.885B +/- $25M; Non-IFRS diluted EPS $0.51 +/- $0.05
- Revenue Yoy
- 6%
- Doc award
- 300000000
- Quantum loi
- 375000000
- Gross margin
- 28.3%
- Non ifrs eps
- 0.46
- Adjusted ebitda
- 587000000
- Operating margin
- 9.7%
- Dividend per share
- 0.12
- Non ifrs gross margin
- 29.9%
- Adjusted free cash flow
- -3000000
- Non ifrs operating margin
- 16.7%
AI analysis
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