GLOBALFOUNDRIES(US:GFS) Globenewswireยท2025-11-12 12:00Core Insights - GLOBALFOUNDRIES Inc. reported strong preliminary financial results for Q3 2025, with revenue, gross margin, operating margin, and earnings per share at the high end of guidance ranges [3][7] - The company experienced year-over-year revenue growth in Automotive, Communications Infrastructure, and Data Center markets for the fourth consecutive quarter [3][8] - Gross margin improved both sequentially and year-over-year, driven by product mix and profitability enhancements [3][7] Financial Highlights - Net revenue for Q3 2025 was $1.688 billion, a decrease of 3% from $1.739 billion in Q3 2024 [6][7] - Gross profit was $419 million, with a gross margin of 24.8%, up from 23.8% in Q3 2024 [6][7] - Non-IFRS gross profit was $439 million, with a Non-IFRS gross margin of 26.0% [6][7] - Operating profit was $195 million, with an operating margin of 11.6%, compared to 10.6% in Q3 2024 [6][7] - Net income reached $249 million, a 40% increase from $178 million in Q3 2024 [6][7] - Diluted earnings per share were $0.44, up from $0.32 in Q3 2024 [6][7] Recent Business Developments - In August, the company launched its Complementary Bi-CMOS (CBIC) platform, enhancing its silicon germanium technology for key markets [8] - A partnership with Silicon Labs was expanded for manufacturing wireless system-on-chips (SoCs) on a new 40nm Ultra Low Power platform [8] - Plans were announced to increase production capacity in Dresden to over one million wafers per year by the end of 2028, supported by government incentives [8] Fourth Quarter 2025 Guidance - The company expects net revenue of approximately $1.800 billion, with a gross margin of 27.6% [10][11] - Operating expenses are projected to be around $257 million, leading to an operating margin of 13.3% [10][11] - Diluted EPS is anticipated to be approximately $0.35 [10][11]