Globalfoundries (GFS) Q1 2026 (USD): adj. EPS 0.55 (exp. 0.47), revenue 1.83bln (exp. 1.8bln)

Globalfoundries reported a strong Q1 2026 beat on both adjusted EPS and revenue, indicating solid operational performance compared to expectations.

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Globalfoundries (GFS) Q1 2026 (USD): adj. EPS 0.55 (exp. 0.47), revenue 1.83bln (exp. 1.8bln)

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GUIDANCE:

  • Q2 EPS view 0.30-0.40 (exp. 0.35)
  • Q2 Rev. view 1.6-1.65bln (exp. 1.61bln)
Context

However, the guidance for Q2, while slightly above consensus on revenue, suggests a more cautious outlook with EPS anticipated to be lower, which could weigh on market sentiment. Overall, this mixed performance highlights potential volatility in the semiconductor space, impacting related equities and sentiment in the sector.

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