Globalfoundries (GFS) Tax Rate (2020 - 2026)
Globalfoundries' Tax Rate came in at 14.80% for Q2 2026, down 28.99 percentage points from the prior quarter.
Analysis
Globalfoundries (GFS) Tax Rate (2020 - 2026) Analysis & Trends
For FY2025, Globalfoundries' Tax Rate was 2.52%.
- Tax Rate carries a three-year change of -3.09 percentage points (FY2022 to FY2025).
- Going back by year, Tax Rate was 6.09% in FY2023 (+0.47 pp) and 5.61% in FY2022.
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q3 2024.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2021 (a gain of 61.12 percentage points), and the weakest in Q3 2022 (a drop of 76.13 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,516.52 Bn | 4,290.68 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 1,945.01 Bn | 1,569.87 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,397.97 Bn | 1,324.02 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 778.23 Bn | 683.86 Bn | 47.05 Bn | 14.88% |
| 5 | Advanced Micro Devices | 731.93 Bn | 680.14 Bn | 7.21 Bn | - |
| 6 | Asml Holding | 553.38 Bn | 509.07 Bn | 5.90 Bn | - |
| 7 | Intel | 294.27 Bn | 140.33 Bn | 7.10 Bn | 11.60% |
| 8 | Applied Materials | 264.14 Bn | 229.58 Bn | 4.59 Bn | 12.69% |
| 9 | Texas Instruments | 253.31 Bn | 228.18 Bn | 3.89 Bn | 13.55% |
| 10 | Globalfoundries | 21.46 Bn | 10.79 Bn | 571.00 Mn | - |
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, 2024 | 8.72% |
| Jun 30, 2024 | 7.19% |
| Mar 31, 2024 | 13.55% |
| Dec 31, 2023 | 7.02% |
| 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 | 81.48% |
| Sep 30, 2020 | 20.36% |
API Access
Globalfoundries Tax Rate 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-rate&ticker=GFS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=GFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();