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GlobalFoundries (GFS) Reports Q3 Earnings: What Key Metrics Have to Say

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GlobalFoundries Inc. (GFS - Free Report) reported $1.9 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 12.5%. EPS of $0.53 for the same period compares to $0.41 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.89 billion, representing a surprise of +0.63%. The company delivered an EPS surprise of +3.92%, with the consensus EPS estimate being $0.51.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how GlobalFoundries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Wafer shipment volume: 647 compared to the 646 average estimate based on three analysts.
  • Net revenue- Type of goods and services- Manufacturing Services: $1.68 billion versus the four-analyst average estimate of $1.67 billion.
  • Revenues- End Markets- Technology Services: $220 million compared to the $212.05 million average estimate based on four analysts.
  • Net revenue- End Markets- Automotive: $368 million compared to the $382.05 million average estimate based on four analysts. The reported number represents a change of +20.3% year over year.
  • Net revenue- End Markets- Communications Infrastructure & Datacenter: $316 million compared to the $312.68 million average estimate based on four analysts. The reported number represents a change of +80.6% year over year.
  • Net revenue- End Markets- Home and Industrial IoT: $384 million versus $361.99 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +48.8% change.
  • Net revenue- End Markets- Smart Mobile Devices: $611 million compared to the $614.61 million average estimate based on four analysts. The reported number represents a change of -18.8% year over year.

View all Key Company Metrics for GlobalFoundries here>>>

Shares of GlobalFoundries have returned -11.8% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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