Globalfoundries (GFS) Tax Rate (2020 - 2026)
Globalfoundries' (GFS) quarterly Tax Rate came in at 14.8% in Q2 2026, down 1796.0% year-over-year from 0.87% in Q2 2025, and up 66.21% quarter-over-quarter from 43.78% in Q1 2026.
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Globalfoundries (GFS) Tax Rate (2020 - 2026) Analysis & Trends
Globalfoundries has disclosed Tax Rate across 7 years of filings, most recently posting 14.8% for Q2 2026.
- In Q2 2026, Tax Rate fell 1796.0% year-over-year to 14.8%; the TTM figure through Jun 2026 stood at 24.2% (down 7157.0% YoY), while the FY2025 annual figure was 2.52%, down 5664.0% from the prior year.
- Tax Rate came in at 14.8% for Q2 2026 at Globalfoundries, up from 43.78% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 8.21% in Q1 2025 to a low of 43.78% in Q1 2026.
- Average Tax Rate over 5 years is 9.13%, with a median of 8.51% recorded in 2024.
- Year-over-year, Tax Rate surged 3705 bps in 2022 and tumbled 5199 bps in 2026.
- Over 5 years, Tax Rate stood at 1.18% in 2022, then plunged by 493 bps to 7.02% in 2023, then soared by 187 bps to 6.11% in 2024, then tumbled by 542 bps to 27.01% in 2025, then jumped by 45 bps to 14.8% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 14.8% in Q2 2026, 43.78% in Q1 2026, and 27.01% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 18.05% |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 14.99% |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | -0.27% |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 11.53% |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 13.31% |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 19.40% |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -6.56% |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -11.76% |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 20.73% |
| 10 | Globalfoundries | 26.10 Bn | 23.80 Bn | 505.00 Mn | -14.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.80% |
| Mar 31, 2026 | -43.78% |
| Dec 31, 2025 | -27.01% |
| Sep 30, 2025 | -12.67% |
| Jun 30, 2025 | 3.17% |
| Mar 31, 2025 | 8.21% |
| Dec 31, 2024 | 6.11% |
| Sep 30, 2024 | -8.72% |
| Jun 30, 2024 | -7.19% |
| Mar 31, 2024 | -13.55% |
| Dec 31, 2023 | -7.02% |
| Sep 30, 2023 | 2.47% |
| Jun 30, 2023 | -10.57% |
| Mar 31, 2023 | -8.30% |
| Dec 31, 2022 | -1.18% |
| Sep 30, 2022 | -5.35% |
| Jun 30, 2022 | -10.20% |
| Mar 31, 2022 | -14.01% |
| Dec 31, 2021 | -38.24% |
| Sep 30, 2021 | -0.08% |