Brief: Globalfoundries Q1 Revenue USD 1,634 Million Vs. IBES Estimate USD 1,627 Million

GLOBALFOUNDRIES

05/05/2026 12:00

May 05 (Reuters) - Globalfoundries Q1 adjusted net income USD 227 million vs. IBES estimate USD 194.2 million.

Q1 gross margin 27.6%

Q1 adjusted gross margin 29%

Q1 adjusted EPS USD 0.4 vs. IBES estimate USD 0.34

Q1 adjusted EBITDA USD 561 million

Q1 EPS USD 0.18

Q1 net income USD 104 million

outlook Q2 revenue USD 1,760 million vs. IBES estimate USD 1,743 million

outlook Q2 EPS USD 0.3

outlook Q2 adjusted EPS USD 0.43 vs. IBES estimate USD 0.4