Globalfoundries (GFS) Change in Intangibles (2021 - 2023)

Globalfoundries has disclosed Change in Intangibles across 3 years of filings, most recently posting -$11.0 million for Q3 2023.

• In Q3 2023, Change in Intangibles fell 57.14% year-over-year to -$11.0 million; the TTM figure through Sep 2023 stood at $36.0 million (down 48.57% YoY), while the FY2022 annual figure was $89.0 million, changed 0.0% from the prior year.
• Change in Intangibles came in at -$11.0 million for Q3 2023 at Globalfoundries, down from -$7.0 million in the prior quarter.
• In the past five years, Change in Intangibles ranged from a high of $136.0 million in Q1 2021 to a low of -$29.0 million in Q4 2021.
• Average Change in Intangibles over 3 years is $20.4 million, with a median of -$7.0 million recorded in 2022.
• The largest YoY upside for Change in Intangibles was 65.52% in 2022 against a maximum downside of 75.0% in 2022.
• Over 3 years, Change in Intangibles stood at -$29.0 million in 2021, then surged by 65.52% to -$10.0 million in 2022, then slipped by 10.0% to -$11.0 million in 2023.
• Per Business Quant data, the three most recent Change in Intangibles figures were -$11.0 million in Q3 2023, -$7.0 million in Q2 2023, and $64.0 million in Q1 2023.