GlobalFoundries

Manufactures integrated circuits for various markets, including smart mobile devices, automotive, aerospace and defense, consumer IoT, and data centers and communication infrastructure.

Launch date

2009

Employees

10001+ people

Market cap

Enterprise valuation

AUD33.1b (Public information from Sep 2024)

Town of Malta New York (HQ), Santa Clara California (founding location)

http://www.globalfoundries.com/

https://twitter.com/globalfoundries https://www.facebook.com/globalfoundries https://www.linkedin.com/company/globalfoundries

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	4.9b	6.6b	8.1b	7.4b	6.7b	7.6b	8.6b
% growth	(17 %)	36 %	23 %	(9 %)	(9 %)	13 %	13 %
EBITDA	1.0b	1.6b	2.9b	2.8b	2.4b	2.8b	3.2b
% EBITDA margin	21 %	24 %	36 %	38 %	35 %	36 %	38 %
Profit	(1.3b)	(254m)	1.4b	1.0b	595m	946m	1.4b
% profit margin	(28 %)	(4 %)	18 %	14 %	9 %	12 %	17 %
EV / revenue	-	5.1x	3.6x	4.5x	3.6x	2.9x	2.4x
EV / EBITDA	-	21.7x	10.2x	12.0x	10.2x	8.2x	6.5x
R&D budget	476m	478m	482m	428m	-	-	-
R&D % of revenue	10 %	7 %	6 %	6 %	-	-	-

Date	Investors	Amount	Round
-	Silver Lake Partners	N/A	-
Oct 2008*	AMD	N/A	Corporate spinout
Dec 2008*	Mubadala Investment Company Mubadala Technology	$700m	Growth Equity non VC
Jan 2010*	Mubadala Technology	N/A	Acquisition
Oct 2021*	N/A	$2.6b Valuation: $26.0b 5.4x EV/LTM Revenues 25.5x EV/LTM EBITDA	IPO
Oct 2023*	US Department of Defense	$35.0m	Grant
May 2024*	N/A	$750m	Secondary
Total Funding		AUD54.1m