vs

Side-by-side financial comparison of GLOBALFOUNDRIES Inc. (GFS) and Nasdaq, Inc. (NDAQ). Click either name above to swap in a different company.

Nasdaq, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.7B, roughly 1.3× GLOBALFOUNDRIES Inc.). Nasdaq, Inc. runs the higher net margin — 24.3% vs 14.8%, a 9.5% gap on every dollar of revenue. On growth, Nasdaq, Inc. posted the faster year-over-year revenue change (2.0% vs -2.9%). Over the past eight quarters, Nasdaq, Inc.'s revenue compounded faster (9.2% 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.

Nasdaq Stock Market is an American stock exchange, the second-largest by market cap on the list of stock exchanges, and the first fully electronic stock market. The exchange is based in Manhattan, New York City, and is among the most active stock trading venue by volume in the United States.

GFS vs NDAQ — Head-to-Head

Bigger by revenue
NDAQ
NDAQ
1.3× larger
NDAQ
$2.1B
$1.7B
GFS
Growing faster (revenue YoY)
NDAQ
NDAQ
+4.9% gap
NDAQ
2.0%
-2.9%
GFS
Higher net margin
NDAQ
NDAQ
9.5% more per $
NDAQ
24.3%
14.8%
GFS
Faster 2-yr revenue CAGR
NDAQ
NDAQ
Annualised
NDAQ
9.2%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GFS
GFS
NDAQ
NDAQ
Revenue
$1.7B
$2.1B
Net Profit
$249.0M
$519.0M
Gross Margin
24.8%
Operating Margin
11.6%
30.7%
Net Margin
14.8%
24.3%
Revenue YoY
-2.9%
2.0%
Net Profit YoY
39.9%
31.4%
EPS (diluted)
$0.44
$0.91

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
NDAQ
NDAQ
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$1.7B
$2.0B
Q2 25
$1.7B
$2.1B
Q1 25
$1.6B
$2.1B
Q4 24
$2.0B
Q3 24
$1.7B
$1.9B
Q2 24
$1.6B
$1.8B
Net Profit
GFS
GFS
NDAQ
NDAQ
Q1 26
$519.0M
Q4 25
$518.0M
Q3 25
$249.0M
$423.0M
Q2 25
$228.0M
$452.0M
Q1 25
$211.0M
$395.0M
Q4 24
$355.0M
Q3 24
$178.0M
$306.0M
Q2 24
$155.0M
$222.0M
Gross Margin
GFS
GFS
NDAQ
NDAQ
Q1 26
Q4 25
65.5%
Q3 25
24.8%
67.2%
Q2 25
24.2%
62.5%
Q1 25
22.4%
59.2%
Q4 24
60.4%
Q3 24
23.8%
60.3%
Q2 24
24.2%
64.7%
Operating Margin
GFS
GFS
NDAQ
NDAQ
Q1 26
30.7%
Q4 25
29.7%
Q3 25
11.6%
29.9%
Q2 25
11.6%
27.2%
Q1 25
9.5%
26.2%
Q4 24
25.4%
Q3 24
10.6%
23.6%
Q2 24
9.5%
23.6%
Net Margin
GFS
GFS
NDAQ
NDAQ
Q1 26
24.3%
Q4 25
24.4%
Q3 25
14.8%
21.6%
Q2 25
13.5%
21.6%
Q1 25
13.3%
18.9%
Q4 24
17.5%
Q3 24
10.2%
16.1%
Q2 24
9.5%
12.4%
EPS (diluted)
GFS
GFS
NDAQ
NDAQ
Q1 26
$0.91
Q4 25
$0.90
Q3 25
$0.44
$0.73
Q2 25
$0.41
$0.78
Q1 25
$0.38
$0.68
Q4 24
$0.62
Q3 24
$0.32
$0.53
Q2 24
$0.28
$0.38

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
NDAQ
NDAQ
Cash + ST InvestmentsLiquidity on hand
$2.0B
$515.0M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$11.8B
$12.0B
Total Assets
$16.7B
$27.3B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
NDAQ
NDAQ
Q1 26
$515.0M
Q4 25
$604.0M
Q3 25
$2.0B
$470.0M
Q2 25
$1.8B
$732.0M
Q1 25
$1.6B
$690.0M
Q4 24
$592.0M
Q3 24
$2.3B
$266.0M
Q2 24
$2.2B
$416.0M
Total Debt
GFS
GFS
NDAQ
NDAQ
Q1 26
$9.0B
Q4 25
$8.6B
Q3 25
$8.7B
Q2 25
$8.7B
Q1 25
$8.9B
Q4 24
$9.1B
Q3 24
$9.4B
Q2 24
$9.2B
Stockholders' Equity
GFS
GFS
NDAQ
NDAQ
Q1 26
$12.0B
Q4 25
$12.2B
Q3 25
$11.8B
$12.0B
Q2 25
$11.5B
$11.8B
Q1 25
$11.1B
$11.5B
Q4 24
$11.2B
Q3 24
$11.6B
$11.1B
Q2 24
$11.3B
$10.9B
Total Assets
GFS
GFS
NDAQ
NDAQ
Q1 26
$27.3B
Q4 25
$31.1B
Q3 25
$16.7B
$30.7B
Q2 25
$16.8B
$30.4B
Q1 25
$16.5B
$30.6B
Q4 24
$30.4B
Q3 24
$18.1B
$30.6B
Q2 24
$30.2B
Debt / Equity
GFS
GFS
NDAQ
NDAQ
Q1 26
0.74×
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.77×
Q4 24
0.81×
Q3 24
0.85×
Q2 24
0.85×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
NDAQ
NDAQ
Q1 26
Q4 25
$625.0M
Q3 25
$595.0M
$221.0M
Q2 25
$431.0M
$746.0M
Q1 25
$331.0M
$663.0M
Q4 24
$705.0M
Q3 24
$375.0M
$244.0M
Q2 24
$402.0M
$460.0M
Free Cash Flow
GFS
GFS
NDAQ
NDAQ
Q1 26
Q4 25
$536.0M
Q3 25
$152.0M
Q2 25
$687.0M
Q1 25
$614.0M
Q4 24
$645.0M
Q3 24
$188.0M
Q2 24
$408.0M
FCF Margin
GFS
GFS
NDAQ
NDAQ
Q1 26
Q4 25
25.2%
Q3 25
7.8%
Q2 25
32.9%
Q1 25
29.4%
Q4 24
31.7%
Q3 24
9.9%
Q2 24
22.8%
Capex Intensity
GFS
GFS
NDAQ
NDAQ
Q1 26
Q4 25
4.2%
Q3 25
3.5%
Q2 25
2.8%
Q1 25
2.3%
Q4 24
3.0%
Q3 24
2.9%
Q2 24
2.9%
Cash Conversion
GFS
GFS
NDAQ
NDAQ
Q1 26
Q4 25
1.21×
Q3 25
2.39×
0.52×
Q2 25
1.89×
1.65×
Q1 25
1.57×
1.68×
Q4 24
1.99×
Q3 24
2.11×
0.80×
Q2 24
2.59×
2.07×

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%

NDAQ
NDAQ

Market Services$1.0B49%
Capital Access Platforms$565.0M26%
Financial Technology$517.0M24%
Other Revenues$8.0M0%

Related Comparisons