GLOBALFOUNDRIES
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. GLOBALFOUNDRIES's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $7,392,000,000. Profit margin reached 14%. Total operating expenses were $972,000,000.
Profit Margin
| 2018 | 6.19B | -2.70B | -43.6% |
|---|---|---|---|
| 2019 | 5.81B | -1.37B | -23.59% |
| 2020 | 4.85B | -1.35B | -27.85% |
| 2021 | 6.58B | -254M | -3.86% |
| 2022 | 8.10B | 1.44B | 17.86% |
| 2023 | 7.39B | 1.02B | 13.8% |
GFS Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 7.39B | 8.10B | 6.58B | 4.85B | 5.81B | 6.19B |
Cost of revenue | 5.29B | 5.86B | 5.57B | 5.56B | 6.34B | 6.64B |
Gross profit | 2.10B | 2.23B | 1.01B | -712.72M | -532.24M | -450.05M |
Operating exp. | ||||||
Research and development | 428M | 482M | 478M | 475.76M | 582.97M | 926.22M |
Selling and marketing | 0 | 45M | 49.96M | 0 | 0 | 0 |
Total operating expenses | 972M | 978M | 1.07B | 920.62M | 1.02B | 1.37B |
Operating income | 1.12B | 1.16B | -68M | -1.50B | -1.49B | -2.52B |
Other income (expenses), net | -45M | 365M | -108M | 291M | 347.82M | -626.04M |
Income before tax | 1.08B | 1.53B | -176M | -1.36B | -1.14B | -2.60B |
Income tax expense | 66M | 86M | 78M | -12.26M | 224.06M | 16.44M |
Net income | 1.02B | 1.44B | -254M | -1.35B | -1.37B | -2.70B |
Earnings per share | ||||||
Basic EPS | 1.85 | 2.69 | -0.5 | -1.35 | -1.36 | -5.08 |
Diluted EPS | 1.83 | 2.62 | -0.5 | -1.35 | -1.36 | -5.08 |
| Data source | Data source | Data source |