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GlobalFoundries Q3 2026 swings to $270 million net loss year over year

PUBT·11/04/2026 12:18:54
GlobalFoundries Q3 2026 swings to $270 million net loss year over year
  • GlobalFoundries swung to a third-quarter net loss of $270 million year-over-year, primarily driven by a $441 million non-cash share-issuance charge.
  • Net revenue rose 13% year-over-year to $1.9 billion, while cash from operating activities fell 43% to $341 million.
  • A $2 billion manufacturing agreement with TSMC will establish US-based silicon interposer supply, with production ramping in the first half of 2028.
  • Fourth-quarter net revenue is forecast at $2 billion, plus or minus $25 million, with diluted EPS of $0.47, plus or minus $0.05.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GLOBALFOUNDRIES Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611040700PRIMZONEFULLFEED9869802) on November 04, 2026, and is solely responsible for the information contained therein.