GFS Q3 2024 Earnings — GLOBALFOUNDRIES Inc. Revenue & Financial Results | Market Cap Arena

GFSGLOBALFOUNDRIES Inc.

$27B

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.7B-6.1% YoY

Gross Profit

$414M23.8% margin

Operating Income

$185M10.6% margin

Net Income

$177M10.2% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$375M

Free Cash Flow

$213M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$18.1B

Total Liabilities

$6.5B

Stockholders' Equity

$11.5B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.9B	-6.1%
Gross Profit	$414M	$529M	-21.7%
Operating Income	$185M	$261M	-29.1%
Net Income	$177M	$249M	-28.9%