Globalfoundries (GFS) Tax Provisions (2020 - 2026)
Globalfoundries (GFS) posted Tax Provisions of $81.0 million for Q1 2026, up 209.46% sequentially from -$74.0 million in Q4 2025, and up 606.25% YoY from $11.5 million in Q1 2025.
Globalfoundries (GFS) Tax Provisions (2020 - 2026) Analysis & Trends
Globalfoundries has reported Tax Provisions for 7 years, with the latest figure at $81.0 million in Q1 2026.
- Quarterly Tax Provisions rose 606.25% year-over-year to $81.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$14.0 million (up 83.91% YoY) and the FY2025 annual result came in at $23.0 million, down 75.0% from the prior year.
- Tax Provisions improved to $81.0 million in Q1 2026 per GFS's latest filing, from -$74.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $81.0 million in Q1 2026 and troughed at -$74.0 million in Q4 2025.
- A 5-year average of -$16.1 million and a median of -$21.0 million in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2024 and 2026: Tax Provisions tumbled 383.33% in 2024, then jumped 606.25% in 2026.
- Over 5 years, Tax Provisions stood at -$8.0 million in 2022, then slumped by 162.5% to -$21.0 million in 2023, then sank by 100.0% to -$42.0 million in 2024, then tumbled by 76.19% to -$74.0 million in 2025, then surged by 209.46% to $81.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $81.0 million, -$74.0 million, and -$28.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 11.60 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 3.64 Bn |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 820.00 Mn |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 4.98 Bn |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 238.00 Mn |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 29.00 Mn |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | - |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | 17.00 Mn |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 258.00 Mn |
| 10 | Globalfoundries | 55.51 Bn | 52.51 Bn | 451.00 Mn | 81.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 Bn |
| Jun 30, 2021 | -20.00 Bn |