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GlobalFoundries reports Q2 2026 revenue of $1.79B, beats guidance with strong AI and optical tech growth.

Company Fundamentals
05 Aug 2026
GlobeNewsWire
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Bullish
GlobalFoundries reports Q2 2026 revenue of $1.79B, beats guidance with strong AI and optical tech growth.

GlobalFoundries announced its Q2 2026 financial results with revenue of $1.786 billion, exceeding the high end of its guidance. The company reported a gross margin of 28.3% and a net income of $167 million, driven by strong demand in AI data center and optical networking technologies. Key business moves include a $300 million U.S. Department of Commerce award to advance silicon photonics, acquisitions to enhance power delivery and RISC-V IP solutions, and launching Quantum Technology Solutions. The company also paid its first-ever quarterly dividend and expects continued growth in Q3 2026 with revenue guidance around $1.885 billion.

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