Overview
- GlobalFoundries forecast Q1 2026 revenue of $1.63 billion ± $25 million and adjusted EPS of $0.35 ± $0.05, both slightly above LSEG consensus.
- The board authorized a $500 million share repurchase program, reflecting confidence in cash generation.
- Q4 2025 revenue reached $1.83 billion with adjusted EPS of $0.55, as gross margin improved to about 29% year over year.
- Management reported adjusted free cash flow of roughly $1.2 billion for 2025 and about $4 billion in cash, with 2026 net capex planned at 15%–20% of revenue and a target free‑cash‑flow margin near 10%.
- The company is shifting away from smartphones toward communications and data‑center markets, with more than 60% of 2025 revenue from non‑smart mobile end markets and silicon photonics revenue doubling to over $200 million after the Advanced Micro Foundry acquisition, with further rapid growth expected this year.