GFS Q1 2023 Earnings — GLOBALFOUNDRIES Inc. Revenue & Financial Results | Market Cap Arena

GFSGLOBALFOUNDRIES Inc.

$27B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.8B-5.1% YoY

Gross Profit

$515M28.0% margin

Operating Income

$290M15.8% margin

Net Income

$254M13.8% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

$479M

Free Cash Flow

-$374M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$17.8B

Total Liabilities

$7.5B

Stockholders' Equity

$10.3B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.9B	-5.1%
Gross Profit	$515M	$469M	+9.8%
Operating Income	$290M	$225M	+28.9%
Net Income	$254M	$179M	+41.9%