Globalfoundries (GFS) Tax Provisions (2020 - 2026)
Globalfoundries (GFS) recorded Tax Provisions of -$29 million in Q2 2026, compared with $7 million a year earlier.
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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 | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 11.82 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 4.92 Bn |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 2.19 Bn |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 4.98 Bn |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 252.00 Mn |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | 29.00 Mn |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 277.86 Mn |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 369.00 Mn |
| 10 | Globalfoundries | 26.99 Bn | 15.36 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();