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Side-by-side financial comparison of GLOBALFOUNDRIES Inc. (GFS) and M&T Bank (MTB). Click either name above to swap in a different company.

M&T Bank is the larger business by last-quarter revenue ($2.5B vs $1.7B, roughly 1.5× GLOBALFOUNDRIES Inc.). M&T Bank runs the higher net margin — 30.7% vs 14.8%, a 15.9% gap on every dollar of revenue. On growth, M&T Bank posted the faster year-over-year revenue change (3.8% vs -2.9%). Over the past eight quarters, M&T Bank's revenue compounded faster (4.6% CAGR vs -4.3%).

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.

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

GFS vs MTB — Head-to-Head

Bigger by revenue
MTB
MTB
1.5× larger
MTB
$2.5B
$1.7B
GFS
Growing faster (revenue YoY)
MTB
MTB
+6.7% gap
MTB
3.8%
-2.9%
GFS
Higher net margin
MTB
MTB
15.9% more per $
MTB
30.7%
14.8%
GFS
Faster 2-yr revenue CAGR
MTB
MTB
Annualised
MTB
4.6%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GFS
GFS
MTB
MTB
Revenue
$1.7B
$2.5B
Net Profit
$249.0M
$759.0M
Gross Margin
24.8%
Operating Margin
11.6%
39.2%
Net Margin
14.8%
30.7%
Revenue YoY
-2.9%
3.8%
Net Profit YoY
39.9%
11.5%
EPS (diluted)
$0.44
$4.62

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
GFS
GFS
MTB
MTB
Q4 25
$2.5B
Q3 25
$1.7B
$2.5B
Q2 25
$1.7B
$2.4B
Q1 25
$1.6B
$2.3B
Q4 24
$2.4B
Q3 24
$1.7B
$2.3B
Q2 24
$1.6B
$2.3B
Q1 24
$1.5B
$2.3B
Net Profit
GFS
GFS
MTB
MTB
Q4 25
$759.0M
Q3 25
$249.0M
$792.0M
Q2 25
$228.0M
$716.0M
Q1 25
$211.0M
$584.0M
Q4 24
$681.0M
Q3 24
$178.0M
$721.0M
Q2 24
$155.0M
$655.0M
Q1 24
$134.0M
$531.0M
Gross Margin
GFS
GFS
MTB
MTB
Q4 25
Q3 25
24.8%
Q2 25
24.2%
Q1 25
22.4%
Q4 24
Q3 24
23.8%
Q2 24
24.2%
Q1 24
25.4%
Operating Margin
GFS
GFS
MTB
MTB
Q4 25
39.2%
Q3 25
11.6%
40.8%
Q2 25
11.6%
39.0%
Q1 25
9.5%
33.0%
Q4 24
37.0%
Q3 24
10.6%
39.0%
Q2 24
9.5%
37.1%
Q1 24
9.5%
29.4%
Net Margin
GFS
GFS
MTB
MTB
Q4 25
30.7%
Q3 25
14.8%
31.5%
Q2 25
13.5%
29.9%
Q1 25
13.3%
25.3%
Q4 24
28.6%
Q3 24
10.2%
30.9%
Q2 24
9.5%
28.5%
Q1 24
8.7%
23.5%
EPS (diluted)
GFS
GFS
MTB
MTB
Q4 25
$4.62
Q3 25
$0.44
$4.82
Q2 25
$0.41
$4.24
Q1 25
$0.38
$3.32
Q4 24
$3.87
Q3 24
$0.32
$4.02
Q2 24
$0.28
$3.73
Q1 24
$0.24
$3.02

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
MTB
MTB
Cash + ST InvestmentsLiquidity on hand
$2.0B
Total DebtLower is stronger
$10.9B
Stockholders' EquityBook value
$11.8B
$29.2B
Total Assets
$16.7B
$213.5B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
MTB
MTB
Q4 25
Q3 25
$2.0B
Q2 25
$1.8B
Q1 25
$1.6B
Q4 24
Q3 24
$2.3B
Q2 24
$2.2B
Q1 24
$2.2B
Total Debt
GFS
GFS
MTB
MTB
Q4 25
$10.9B
Q3 25
$12.9B
Q2 25
$12.4B
Q1 25
$10.5B
Q4 24
$12.6B
Q3 24
$11.6B
Q2 24
$11.3B
Q1 24
$11.4B
Stockholders' Equity
GFS
GFS
MTB
MTB
Q4 25
$29.2B
Q3 25
$11.8B
$28.7B
Q2 25
$11.5B
$28.5B
Q1 25
$11.1B
$29.0B
Q4 24
$29.0B
Q3 24
$11.6B
$28.9B
Q2 24
$11.3B
$28.4B
Q1 24
$11.3B
$27.2B
Total Assets
GFS
GFS
MTB
MTB
Q4 25
$213.5B
Q3 25
$16.7B
$211.3B
Q2 25
$16.8B
$211.6B
Q1 25
$16.5B
$210.3B
Q4 24
$208.1B
Q3 24
$18.1B
$211.8B
Q2 24
$208.9B
Q1 24
$215.1B
Debt / Equity
GFS
GFS
MTB
MTB
Q4 25
0.37×
Q3 25
0.45×
Q2 25
0.43×
Q1 25
0.36×
Q4 24
0.43×
Q3 24
0.40×
Q2 24
0.40×
Q1 24
0.42×

Cash Flow & Capital Efficiency

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

Metric
GFS
GFS
MTB
MTB
Operating Cash FlowLast quarter
$595.0M
$3.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
3.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
MTB
MTB
Q4 25
$3.0B
Q3 25
$595.0M
$1.0B
Q2 25
$431.0M
$844.0M
Q1 25
$331.0M
$635.0M
Q4 24
$3.6B
Q3 24
$375.0M
$-28.0M
Q2 24
$402.0M
$1.4B
Q1 24
$488.0M
$608.0M
Cash Conversion
GFS
GFS
MTB
MTB
Q4 25
3.96×
Q3 25
2.39×
1.26×
Q2 25
1.89×
1.18×
Q1 25
1.57×
1.09×
Q4 24
5.30×
Q3 24
2.11×
-0.04×
Q2 24
2.59×
2.07×
Q1 24
3.64×
1.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

MTB
MTB

Segment breakdown not available.

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