Globalfoundries GFS
NASDAQ GFS
$46.95 +0.99 (+2.15%)
At close: Sep 11, 2026 · 4:00 PM EDT

Globalfoundries (GFS) Change in Taxes (2023 - 2026)

Globalfoundries' (GFS) quarterly Change in Taxes came in at -$13.0 million in Q2 2026, down 160.0% year-over-year from $21.7 million in Q2 2025, and down 225.0% quarter-over-quarter from -$4.0 million in Q1 2026.

Analysis

Globalfoundries (GFS) Change in Taxes (2023 - 2026) Analysis & Trends

Globalfoundries has disclosed Change in Taxes across 4 years of filings, most recently posting -$13.0 million for Q2 2026.

  • In Q2 2026, Change in Taxes fell 160.0% year-over-year to -$13.0 million; the TTM figure through Jun 2026 stood at -$30.0 million (down 50.0% YoY), while the FY2025 annual figure was -$19.0 million, up 38.71% from the prior year.
  • Change in Taxes came in at -$13.0 million for Q2 2026 at Globalfoundries, down from -$4.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of -$1.0 million in Q1 2025 to a low of -$14.0 million in Q2 2024.
  • Average Change in Taxes over 4 years is -$6.8 million, with a median of -$6.0 million recorded in 2023.
  • Year-over-year, Change in Taxes soared 66.67% in 2025 and tumbled 300.0% in 2026.
  • Over 4 years, Change in Taxes stood at -$6.0 million in 2023, then tumbled by 133.33% to -$14.0 million in 2024, then surged by 57.14% to -$6.0 million in 2025, then plunged by 116.67% to -$13.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were -$13.0 million in Q2 2026, -$4.0 million in Q1 2026, and -$6.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Taiwan Semiconductor Manufacturing 2,246.74 Bn 2,142.69 Bn 27.22 Bn -5.95 Bn
2 Micron Technology 1,101.07 Bn 1,075.05 Bn 35.06 Bn -
3 Intel 519.13 Bn 505.00 Bn 6.51 Bn -646.00 Mn
4 Texas Instruments 245.39 Bn 238.39 Bn 3.35 Bn -14.00 Mn
5 Analog Devices 183.54 Bn 181.22 Bn 2.71 Bn -
6 NXP Semiconductors 59.67 Bn 56.81 Bn 2.00 Bn -
7 United Microelectronics 57.00 Bn 53.04 Bn 706.26 Mn -
8 STMicroelectronics 45.78 Bn 41.92 Bn 1.22 Bn -
9 Microchip Technology 40.29 Bn 40.02 Bn 938.90 Mn 29.40 Mn
10 Globalfoundries 26.10 Bn 23.80 Bn 505.00 Mn -13.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -13.00 Mn
Mar 31, 2026 -4.00 Mn
Dec 31, 2025 -6.00 Mn
Sep 30, 2025 -7.00 Mn
Jun 30, 2025 -5.00 Mn
Mar 31, 2025 -1.00 Mn
Dec 31, 2024 -14.00 Mn
Jun 30, 2024 -14.00 Mn
Mar 31, 2024 -3.00 Mn
Dec 31, 2023 -6.00 Mn
Sep 30, 2023 -2.00 Mn