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Earnings ·

Reports Q3 net loss of $270M on $1.9B revenue as share repurchases resume

GFSGLOBALFOUNDRIES Inc.

GLOBALFOUNDRIES reported a net loss attributable to shareholders of $271 million, or $0.49 per diluted share, for the third quarter ended September 30, 2026, compared to net income of $248 million in the prior-year period. Net revenue increased 12% year-over-year to $1.899 billion, driven by a 12.5% rise in manufacturing services revenue. Operating expenses rose significantly due to higher research and development costs. For the nine-month period, the company reported a negligible net income of $1 million against $5.32 billion in revenue. The firm resumed its capital return program with $500 million in share repurchases during the first three quarters of 2026. GLOBALFOUNDRIES operates as a pure-play semiconductor foundry providing manufacturing and technology services.

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