---
title: "GlobalFoundries Q1 revenue rises 3%, adjusted EPS beats estimates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285194384.md"
datetime: "2026-05-05T11:14:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285194384.md)
  - [en](https://longbridge.com/en/news/285194384.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285194384.md)
---

# GlobalFoundries Q1 revenue rises 3%, adjusted EPS beats estimates

)

Overview

-   U.S. semiconductor maker’s preliminary Q1 revenue rose 3% yr/yr, meeting analyst expectations
-   Adjusted EPS for Q1 beat consensus, with all non-IFRS profitability metrics at or above guidance
-   Company cites strong execution and growth in end markets as drivers of results

Outlook

-   GlobalFoundries expects Q2 2026 revenue of $1.76 bln ± $25 mln
-   Company sees Q2 2026 non-IFRS gross margin at 28.5% ± 100bps
-   GlobalFoundries expects Q2 2026 non-IFRS diluted EPS of $0.43 ± $0.05

Result Drivers

-   END MARKET TRACTION - Co said it made significant progress in secular growth end markets, driven by differentiated technology and share gains
-   CUSTOMER EXECUTION - Co attributed results to strong execution and focus on delivering for customers Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Meet $1.63 $1.63

Revenue bln bln (16

Analysts

)

Q1 Beat $0.40 $0.34

Adjusted (16

EPS Analysts

)

### Q1 EPS $0.18

Q1 Beat $227 mln $194.24

Adjusted mln (13

Net Analysts

Income )

Q1 Net $104 mln

Income

Q1 $561 mln

Adjusted

### EBITDA

Q1 Gross 27.60%

Margin

### Q1 29.00%

Adjusted

Gross

Margin

Analyst Coverage

-   The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 11 “strong buy” or “buy”, 9 “hold” and 1 “sell” or “strong sell”
-   The average consensus recommendation for the semiconductor equipment & testing peer group is “buy”
-   Wall Street’s median 12-month price target for GlobalFoundries Inc is $55.00, about 18.8% below its May 4 closing price of $67.75
-   The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 23 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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