Globalfoundries (GFS) Income Taxes Paid (2021 - 2026)
Globalfoundries' Income Taxes Paid was -$34 million in Q3 2026, compared with $7 million a year earlier.
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Analysis
Globalfoundries (GFS) Income Taxes Paid (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Globalfoundries' Income Taxes Paid was -$11 million through Sep 30, 2026; for FY2025, it was $19 million, down 38.7% from FY2024.
- Income Taxes Paid shows a five-year compound annual growth rate of -7.6% (FY2020 to FY2025).
- In earlier years, Income Taxes Paid was $31 million in FY2024 (+181.8%), $11 million in FY2023 (+175.0%), $4 million in FY2022 (-41.0%) and $6.78 million in FY2021 (-76.0%).
- The Q3 2026 figure marks the lowest quarterly Income Taxes Paid in data going back to Q1 2021.
- Compared with a year earlier, Income Taxes Paid was higher in three of the last six quarters, with growth averaging 67.5%.
- The best year-over-year quarter for Income Taxes Paid over five years was Q1 2026 (growth of 300.0%); the worst was Q4 2023 (a decline of 89.7%).
- Per Business Quant data, GFS's Income Taxes Paid in the three quarters before Q3 2026 was $13 million (Q2 2026), $4 million (Q1 2026) and $6 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,516.52 Bn | 4,290.68 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 1,945.01 Bn | 1,569.87 Bn | 27.22 Bn | -5.95 Bn |
| 3 | Broadcom | 1,397.97 Bn | 1,324.02 Bn | 20.46 Bn | - |
| 4 | Micron Technology | 778.23 Bn | 683.86 Bn | 47.05 Bn | - |
| 5 | Advanced Micro Devices | 731.93 Bn | 680.14 Bn | 7.21 Bn | 56.00 Mn |
| 6 | Asml Holding | 553.38 Bn | 509.07 Bn | 5.90 Bn | - |
| 7 | Intel | 294.27 Bn | 140.33 Bn | 7.10 Bn | 223.00 Mn |
| 8 | Applied Materials | 264.14 Bn | 229.58 Bn | 4.59 Bn | 169.00 Mn |
| 9 | Texas Instruments | 253.31 Bn | 228.18 Bn | 3.89 Bn | - |
| 10 | Globalfoundries | 21.46 Bn | 10.79 Bn | 571.00 Mn | -34.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -34.00 Mn |
| 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 | 8.00 Mn |
| Dec 31, 2022 | 58.00 Mn |
| Sep 30, 2022 | -6.00 Mn |
| Jun 30, 2022 | -30.00 Mn |
| Mar 31, 2022 | -18.00 Mn |
| Dec 31, 2021 | 80.78 Mn |
| Sep 30, 2021 | -20.00 Mn |
| Jun 30, 2021 | -32.00 Mn |
| Mar 31, 2021 | -22.00 Mn |
API Access
Globalfoundries Income Taxes Paid 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=income-taxes-paid&ticker=GFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "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=income-taxes-paid&ticker=GFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();