Globalfoundries (GFS) Tax Provisions (2020 - 2026)
Globalfoundries (GFS) recorded Tax Provisions of -$29 million in Q2 2026, compared with $7 million a year earlier.
Powered by 
Analysis
Globalfoundries (GFS) Tax Provisions (2020 - 2026) Analysis & Trends
On a TTM basis, Globalfoundries' Tax Provisions came in at -$212 million as of Jun 30, 2026; for FY2025, it came in at -$23 million.
- Across earlier years, Tax Provisions came in at -$92 million in FY2024, -$66 million in FY2023, -$86 million in FY2022 and -$78 million in FY2021.
- Quarterly Tax Provisions has ranged from -$81 million in Q1 2026 to $16 million in Q1 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$81 million (Q1 2026), -$74 million (Q4 2025) and -$28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,149.21 Bn | 4,923.37 Bn | 72.14 Bn | 11.82 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,238.65 Bn | 1,864.83 Bn | 27.22 Bn | 4.92 Bn |
| 3 | Broadcom | 1,647.03 Bn | 1,573.08 Bn | 20.46 Bn | 2.19 Bn |
| 4 | Micron Technology | 1,056.66 Bn | 962.30 Bn | 47.05 Bn | 6.58 Bn |
| 5 | Advanced Micro Devices | 924.40 Bn | 881.14 Bn | 6.20 Bn | 252.00 Mn |
| 6 | Asml Holding | 645.84 Bn | 601.53 Bn | 5.90 Bn | - |
| 7 | Intel | 464.31 Bn | 480.95 Bn | 7.10 Bn | - |
| 8 | Applied Materials | 334.63 Bn | 300.07 Bn | 4.59 Bn | 369.00 Mn |
| 9 | Lam Research | 317.77 Bn | 293.82 Bn | 4.30 Bn | 559.08 Mn |
| 10 | Globalfoundries | 25.49 Bn | 13.85 Bn | 505.00 Mn | 29.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.00 Mn |
| Mar 31, 2026 | 81.00 Mn |
| Dec 31, 2025 | 74.00 Mn |
| Sep 30, 2025 | -28.00 Mn |
| Jun 30, 2025 | -7.00 Mn |
| Mar 31, 2025 | -16.00 Mn |
| Dec 31, 2024 | 42.00 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | 12.00 Mn |
| Mar 31, 2024 | 21.00 Mn |
| Dec 31, 2023 | 21.00 Mn |
| Sep 30, 2023 | -6.00 Mn |
| Jun 30, 2023 | 28.00 Mn |
| Mar 31, 2023 | 23.00 Mn |
| Dec 31, 2022 | 8.00 Mn |
| Sep 30, 2022 | 19.00 Mn |
| Jun 30, 2022 | 30.00 Mn |
| Mar 31, 2022 | 29.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Sep 30, 2021 | 22.00 Mn |
API Access
Globalfoundries Tax Provisions 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=tax-provisions&ticker=GFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=GFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();