GFS Q1 2024 Earnings — GLOBALFOUNDRIES Inc. Revenue & Financial Results | Market Cap Arena

GFSGLOBALFOUNDRIES Inc.

$27B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.5B-15.9% YoY

Gross Profit

$393M25.4% margin

Operating Income

$147M9.5% margin

Net Income

$133M8.6% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-16.5%

Cash Flow

Operating Cash Flow

$488M

Free Cash Flow

$259M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$18.5B

Total Liabilities

$7.2B

Stockholders' Equity

$11.3B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.8B	-15.9%
Gross Profit	$393M	$515M	-23.7%
Operating Income	$147M	$290M	-49.3%
Net Income	$133M	$254M	-47.6%