Globalfoundries (GFS) Restructuring Costs (2022 - 2024)
Globalfoundries recorded quarterly Restructuring Costs of $1.0 million in Q4 2024, little changed quarter-over-quarter from $1.0 million in Q3 2024, and down 96.67% year-over-year from $30.0 million in Q1 2024.
Globalfoundries' Restructuring Costs history runs 3 years deep, the most recent figure standing at $1.0 million for Q4 2024.
- In Q4 2024, Restructuring Costs fell 96.67% year-over-year to $1.0 million; the TTM figure through Dec 2025 stood at $1.0 million (down 97.3% YoY), while the FY2024 annual figure was $7.0 million, down 90.14% from the prior year.
- Restructuring Costs came in at $1.0 million for Q4 2024 at Globalfoundries, roughly flat from $1.0 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $94.0 million in Q4 2022 to a low of $1.0 million in Q3 2024.
- A 3-year average of $21.5 million and a median of $11.0 million in 2023 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs slumped 68.09% in 2023 and slumped 96.67% in 2024, its largest moves.
- Globalfoundries' Restructuring Costs stood at $94.0 million in 2022, then plunged by 68.09% to $30.0 million in 2023, then sank by 96.67% to $1.0 million in 2024.
- According to Business Quant data, Restructuring Costs over the past three periods registered $1.0 million, $1.0 million, and $5.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn |
| 10 | Globalfoundries | 879.23 Mn | -2.17 Bn | 508.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.00 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Sep 30, 2023 | 17.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 94.00 Mn |