Globalfoundries (GFS) Deferred Taxes (2020 - 2026)
Globalfoundries (GFS) posted Deferred Taxes of $18 million for Q2 2026, compared with -$20 million a year earlier and down 73.1% from the prior quarter.
Globalfoundries (GFS) Deferred Taxes (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Globalfoundries was $196 million; for FY2025, it came in at $27 million, down 62.5% from FY2024.
- In prior years, Globalfoundries' Deferred Taxes was $72 million in FY2024 (+44.0%), $50 million in FY2023 (-39.0%), $82 million in FY2022 (-11.8%) and $93 million in FY2021.
- Quarterly Deferred Taxes has run from a low of -$64 million in Q1 2025 to a high of $117 million in Q4 2025 over five years.
- The strongest year-over-year quarter for Deferred Taxes in the past five years was Q4 2021, with growth of 185.7%; the weakest was Q2 2024, with a decline of 75.0%.
- According to Business Quant data, Deferred Taxes for the three prior quarters was $67 million (Q1 2026), $117 million (Q4 2025) and -$6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | -602.00 Mn |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 7.00 Mn |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | - |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | -27.00 Mn |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | -18.00 Mn |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | -175.75 Mn |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 49.00 Mn |
| 10 | Globalfoundries | 26.99 Bn | 15.36 Bn | 505.00 Mn | 18.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.00 Mn |
| Mar 31, 2026 | 67.00 Mn |
| Dec 31, 2025 | 117.00 Mn |
| Sep 30, 2025 | -6.00 Mn |
| Jun 30, 2025 | -20.00 Mn |
| Mar 31, 2025 | -64.00 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Sep 30, 2024 | 37.00 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | 23.00 Mn |
| Dec 31, 2023 | 8.00 Mn |
| Sep 30, 2023 | -4.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Mar 31, 2023 | 22.00 Mn |
| Dec 31, 2022 | 30.00 Mn |
| Sep 30, 2022 | 11.00 Mn |
| Jun 30, 2022 | 22.00 Mn |
| Mar 31, 2022 | 19.00 Mn |
| Dec 31, 2021 | 40.00 Mn |
| Sep 30, 2021 | 20.00 Mn |
Globalfoundries Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=GFS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "GFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=GFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();