Globalfoundries (GFS) Tax Provisions (2020 - 2026)

Globalfoundries has disclosed Tax Provisions across 7 years of filings, most recently posting -$29.0 million for Q2 2026.

• In Q2 2026, Tax Provisions fell 514.29% year-over-year to -$29.0 million; the TTM figure through Jun 2026 stood at -$212.0 million (down 488.89% YoY), while the FY2025 annual figure was -$23.0 million, up 75.0% from the prior year.
• Tax Provisions came in at -$29.0 million for Q2 2026 at Globalfoundries, up from -$81.0 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $16.0 million in Q1 2025 to a low of -$81.0 million in Q1 2026.
• Average Tax Provisions over 5 years is -$24.1 million, with a median of -$22.0 million recorded in 2023.
• Year-over-year, Tax Provisions surged 176.19% in 2025 and plunged 606.25% in 2026.
• Over 5 years, Tax Provisions stood at -$8.0 million in 2022, then plunged by 162.5% to -$21.0 million in 2023, then tumbled by 100.0% to -$42.0 million in 2024, then sank by 76.19% to -$74.0 million in 2025, then surged by 60.81% to -$29.0 million in 2026.
• Per Business Quant data, the three most recent Tax Provisions figures were -$29.0 million in Q2 2026, -$81.0 million in Q1 2026, and -$74.0 million in Q4 2025.