GlobalFoundries Q2 FY26 non-IFRS EPS rises 10% Y/Y to USD 0.46; revenue climbs 6% Y/Y to USD 1.79 billion
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- GlobalFoundries Q2 2026 revenue rose 6% Y/Y to USD 1.79 billion.
- IFRS net income fell 27% Y/Y to USD 167 million; IFRS diluted EPS dropped 27% to USD 0.30.
- Non-IFRS gross margin widened 4.7 percentage points Y/Y to 29.9%.
Segment performance and guidance
- Communications infrastructure and data center revenue climbed 62% Y/Y to USD 277 million, marking a seventh straight quarter of double-digit growth.
- The company guided Q3 net revenue at USD 1.89 billion ± USD 25 million and forecast non-IFRS gross margin at 30.5% ± 1 percentage point.
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GlobalFoundries Q2 FY26 non-IFRS EPS rises 10% Y/Y to USD 0.46; revenue climbs 6% Y/Y to USD 1.79 billion - GFS News | Rallies