Company: GFS
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001709048-25-000071
Chunk: 30

Company: GLOBALFOUNDRIES Inc.
Filing Date: 2025-11-12
Form: 6-K
Chunk 30
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 certain Aerospace and Defense customers with end-of-life products. Smart Mobile Devices declined 13.4% year-over-year, which was driven primarily due to lower underutilization payments from customers and pricing adjustments where customers are dual sourced. Additionally, non-wafer revenue increased 13.2% year-over-year, driven by stronger non-recurring engineering services revenue.

For the nine months ended September 30, 2025, two of four end markets experienced growth compared to the nine months ended September 30, 2024. Automotive increased 24.1% year-over-year, driven by continued content expansion and share gains, supported by strong ramps at key customers. Communications, Infrastructure & Datacenter grew 28.0% year-over-year, supported by growth in optical networking and satellite communications. Home and Industrial IoT declined 3.0% year over year, primarily due to a reduction of revenue from wafer shipments to certain A&D customers with end-of-life products. Smart Mobile Devices decreased by 12.5% year-over-year, primarily due to lower underutilization payments from customers and pricing adjustments where customers are dual sourced. Additionally, non-wafer revenue increased 10.4% year-over-year, driven by strength in license activity and non-recurring engineering services revenue.

#### Cost of Revenue
|                 |     | 2025 | Three Months Ended September 30 |   |     | 2024 |       |   |     | Change |     |         |     | % Change |      |   |     | 2025 | Nine Months Ended September 30 |   |     | 2024 |       |   |     | Change |    |         |     | % Change |     |   |
|:----------------|:----|:-----|--------------------------------:|:--|:----|:-----|------:|:--|:----|:-------|----:|:--------|:----|:---------|-----:|:--|:----|:-----|-------------------------------:|:--|:----|:-----|------:|:--|:----|:-------|---:|:--------|:----|:---------|----:|:--|
| Cost of revenue |     | $    |                           1,269 |   |     | $    | 1,325 |   |     | $      | -56 |         |     |          | -4.2 | % |     |      |                          3