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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and GLOBALFOUNDRIES Inc. (GFS). Click either name above to swap in a different company.

GLOBALFOUNDRIES Inc. is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.1× DARLING INGREDIENTS INC.). GLOBALFOUNDRIES Inc. runs the higher net margin — 14.8% vs 1.2%, a 13.5% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs -2.9%). Over the past eight quarters, DARLING INGREDIENTS INC.'s revenue compounded faster (-1.6% CAGR vs -4.3%).

Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.

DAR vs GFS — Head-to-Head

Bigger by revenue
GFS
GFS
1.1× larger
GFS
$1.7B
$1.6B
DAR
Growing faster (revenue YoY)
DAR
DAR
+12.9% gap
DAR
10.0%
-2.9%
GFS
Higher net margin
GFS
GFS
13.5% more per $
GFS
14.8%
1.2%
DAR
Faster 2-yr revenue CAGR
DAR
DAR
Annualised
DAR
-1.6%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
DAR
DAR
GFS
GFS
Revenue
$1.6B
$1.7B
Net Profit
$19.4M
$249.0M
Gross Margin
24.7%
24.8%
Operating Margin
4.6%
11.6%
Net Margin
1.2%
14.8%
Revenue YoY
10.0%
-2.9%
Net Profit YoY
14.2%
39.9%
EPS (diluted)
$0.12
$0.44

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DAR
DAR
GFS
GFS
Q3 25
$1.6B
$1.7B
Q2 25
$1.5B
$1.7B
Q1 25
$1.4B
$1.6B
Q4 24
$1.4B
Q3 24
$1.4B
$1.7B
Q2 24
$1.5B
$1.6B
Q1 24
$1.4B
$1.5B
Q4 23
$1.6B
Net Profit
DAR
DAR
GFS
GFS
Q3 25
$19.4M
$249.0M
Q2 25
$12.7M
$228.0M
Q1 25
$-26.2M
$211.0M
Q4 24
$101.9M
Q3 24
$16.9M
$178.0M
Q2 24
$78.9M
$155.0M
Q1 24
$81.2M
$134.0M
Q4 23
$84.5M
Gross Margin
DAR
DAR
GFS
GFS
Q3 25
24.7%
24.8%
Q2 25
23.3%
24.2%
Q1 25
22.6%
22.4%
Q4 24
23.5%
Q3 24
22.1%
23.8%
Q2 24
22.5%
24.2%
Q1 24
21.4%
25.4%
Q4 23
27.0%
Operating Margin
DAR
DAR
GFS
GFS
Q3 25
4.6%
11.6%
Q2 25
5.1%
11.6%
Q1 25
2.1%
9.5%
Q4 24
8.6%
Q3 24
4.2%
10.6%
Q2 24
10.2%
9.5%
Q1 24
9.7%
9.5%
Q4 23
9.8%
Net Margin
DAR
DAR
GFS
GFS
Q3 25
1.2%
14.8%
Q2 25
0.9%
13.5%
Q1 25
-1.9%
13.3%
Q4 24
7.2%
Q3 24
1.2%
10.2%
Q2 24
5.4%
9.5%
Q1 24
5.7%
8.7%
Q4 23
5.2%
EPS (diluted)
DAR
DAR
GFS
GFS
Q3 25
$0.12
$0.44
Q2 25
$0.08
$0.41
Q1 25
$-0.16
$0.38
Q4 24
$0.63
Q3 24
$0.11
$0.32
Q2 24
$0.49
$0.28
Q1 24
$0.50
$0.24
Q4 23
$0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAR
DAR
GFS
GFS
Cash + ST InvestmentsLiquidity on hand
$91.5M
$2.0B
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$4.7B
$11.8B
Total Assets
$10.5B
$16.7B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAR
DAR
GFS
GFS
Q3 25
$91.5M
$2.0B
Q2 25
$94.6M
$1.8B
Q1 25
$81.5M
$1.6B
Q4 24
$76.0M
Q3 24
$114.8M
$2.3B
Q2 24
$121.6M
$2.2B
Q1 24
$145.5M
$2.2B
Q4 23
$126.5M
Total Debt
DAR
DAR
GFS
GFS
Q3 25
$4.0B
Q2 25
$3.9B
Q1 25
$3.8B
Q4 24
$3.9B
Q3 24
$4.1B
Q2 24
$4.3B
Q1 24
$4.4B
Q4 23
$4.4B
Stockholders' Equity
DAR
DAR
GFS
GFS
Q3 25
$4.7B
$11.8B
Q2 25
$4.6B
$11.5B
Q1 25
$4.4B
$11.1B
Q4 24
$4.4B
Q3 24
$4.6B
$11.6B
Q2 24
$4.5B
$11.3B
Q1 24
$4.6B
$11.3B
Q4 23
$4.6B
Total Assets
DAR
DAR
GFS
GFS
Q3 25
$10.5B
$16.7B
Q2 25
$10.3B
$16.8B
Q1 25
$10.0B
$16.5B
Q4 24
$10.1B
Q3 24
$10.6B
$18.1B
Q2 24
$10.6B
Q1 24
$10.9B
Q4 23
$11.1B
Debt / Equity
DAR
DAR
GFS
GFS
Q3 25
0.86×
Q2 25
0.85×
Q1 25
0.86×
Q4 24
0.89×
Q3 24
0.91×
Q2 24
0.97×
Q1 24
0.95×
Q4 23
0.95×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAR
DAR
GFS
GFS
Operating Cash FlowLast quarter
$224.3M
$595.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
11.59×
2.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAR
DAR
GFS
GFS
Q3 25
$224.3M
$595.0M
Q2 25
$145.8M
$431.0M
Q1 25
$249.0M
$331.0M
Q4 24
$154.4M
Q3 24
$274.5M
$375.0M
Q2 24
$146.5M
$402.0M
Q1 24
$263.9M
$488.0M
Q4 23
$217.0M
Cash Conversion
DAR
DAR
GFS
GFS
Q3 25
11.59×
2.39×
Q2 25
11.52×
1.89×
Q1 25
1.57×
Q4 24
1.52×
Q3 24
16.19×
2.11×
Q2 24
1.86×
2.59×
Q1 24
3.25×
3.64×
Q4 23
2.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DAR
DAR

Fats$428.4M27%
Food Ingredients$380.6M24%
Diamond Green Diesel Holdings Llc Joint Venture$342.1M22%
Fuel Ingredients$154.3M10%
Used Cooking Oil$125.9M8%
Other Rendering$76.9M5%
Bakery$46.9M3%
Other Products And Services$12.2M1%

GFS
GFS

Smart Mobile Devices$752.0M45%
Automotive$306.0M18%
Home And Industrial Io T$258.0M15%
Goods Or Services Transferred Over Time$198.0M12%
Communications Infrastructure Datacenter$175.0M10%

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