GFS GLOBALFOUNDRIES (GFS) Q2 FY26 earnings call
GLOBALFOUNDRIES delivered strong Q2 FY26 results, driven by robust demand in AI data center applications and strategic investments in quantum, IP, and power technologies. The company achieved significant non-IFRS gross margin expansion ahead of schedule, supported by a richer business mix and manufacturing productivity. Management is actively expanding capacity and leveraging government partnerships to capitalize on secular growth trends, while navigating softness in the mobile market and temporary automotive shipment timing.
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GFS operating KPIs by quarter
| KPI | Dec 2024 Q4 FY24 | Jun 2025 Q2 FY25 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Employees | 13KThe focus and determination from our 13,000 employees around the globe give me confidence GF can accelerate its performance as we return to growth in 2025.Source: earnings call transcript | 13KIn conclusion, I want to thank our 13,000 strong employees around the world for their focus on technology differentiation, manufacturing excellence and driving the momentum with our customers, as we continue to execute to our long-term strategy and lay the foundations for a strong future.Source: earnings call transcript | — | 0% |
| Wafer shipments | ~595KWe shipped approximately 595,000 300-millimeter equivalent wafers in the quarter, an 8% increase from the prior year period.Source: earnings call transcript | ~581KWe shipped approximately 581,000 300-millimeter equivalent wafers in the quarter, up 7% sequentially and up 12% from the prior year period.Source: earnings call transcript | ~625KWe shipped approximately $625,000, a 300-millimeter equivalent wafers in the quarter, up 8% sequentially and 8% from the prior year period.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.