Company: GFS
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001709048-25-000071
Chunk: 31

Company: GLOBALFOUNDRIES Inc.
Filing Date: 2025-11-12
Form: 6-K
Chunk 31
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,779 |   |     |      | 3,718 |   |     | $      | 61 |         |     |          | 1.6 | % |
| Gross margin    |     |      |                            24.8 | % |     |      |  23.8 | % |     |        |     | +100bps |     |          |      |   |     |      |                           23.8 | % |     |      |  24.4 | % |     |        |    | (60)bps |     |          |     |   |

Cost of revenue decreased by $56 million, or 4.2%, for the three months ended September 30, 2025 compared to the three months ended September 30, 2024. The change was driven by $83 million lower depreciation and amortization expense primarily due to some of our manufacturing equipment being fully depreciated. This was partially offset by 9.7% higher shipment volume.

Gross margin increased to 24.8% for the three months ended September 30, 2025 from 23.8% for the three months ended September 30, 2024. The increase of 100 basis points was primarily driven by lower depreciation and amortization expense, partially offset by lower customer underutilization payments.

Cost of revenue increased by $61 million, or 1.6%, for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024. The change was driven by a 12.9% higher shipment volume, offset by lower depreciation and amortization expense.

Gross margin decreased to 23.8% for the nine months ended September 30, 2025 from 24.4% for the nine months ended September 30, 2024. The decrease of 60 basis points was primarily driven by lower customer underutilization payments, partially offset by lower depreciation and amortization expense.

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#### GLOBALFOUNDRIES INC.

#### Operating Expenses

#### Research and Development Expenses
|                                   |     | 2025 | Three Months Ended September 30 |   |     | 2024 |     |   |     | Change |    |     | % Change |      |   |     | 2025 | Nine Months Ended September 30 |     | 2024 |     |     | Change |    |     | % Change