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

WESTLAKE CORP is the larger business by last-quarter revenue ($2.5B vs $1.7B, roughly 1.5× GLOBALFOUNDRIES Inc.). GLOBALFOUNDRIES Inc. runs the higher net margin — 14.8% vs -21.5%, a 36.2% gap on every dollar of revenue. On growth, GLOBALFOUNDRIES Inc. posted the faster year-over-year revenue change (-2.9% vs -10.9%). Over the past eight quarters, GLOBALFOUNDRIES Inc.'s revenue compounded faster (-4.3% CAGR vs -7.7%).

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.

Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets. The company was founded by Ting Tsung Chao in 1986. it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000. Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream ...

GFS vs WLK — Head-to-Head

Bigger by revenue
WLK
WLK
1.5× larger
WLK
$2.5B
$1.7B
GFS
Growing faster (revenue YoY)
GFS
GFS
+8.0% gap
GFS
-2.9%
-10.9%
WLK
Higher net margin
GFS
GFS
36.2% more per $
GFS
14.8%
-21.5%
WLK
Faster 2-yr revenue CAGR
GFS
GFS
Annualised
GFS
-4.3%
-7.7%
WLK

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GFS
GFS
WLK
WLK
Revenue
$1.7B
$2.5B
Net Profit
$249.0M
$-544.0M
Gross Margin
24.8%
3.4%
Operating Margin
11.6%
-26.5%
Net Margin
14.8%
-21.5%
Revenue YoY
-2.9%
-10.9%
Net Profit YoY
39.9%
-7871.4%
EPS (diluted)
$0.44
$-4.22

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
WLK
WLK
Q4 25
$2.5B
Q3 25
$1.7B
$2.8B
Q2 25
$1.7B
$3.0B
Q1 25
$1.6B
$2.8B
Q4 24
$2.8B
Q3 24
$1.7B
$3.1B
Q2 24
$1.6B
$3.2B
Q1 24
$1.5B
$3.0B
Net Profit
GFS
GFS
WLK
WLK
Q4 25
$-544.0M
Q3 25
$249.0M
$-782.0M
Q2 25
$228.0M
$-142.0M
Q1 25
$211.0M
$-40.0M
Q4 24
$7.0M
Q3 24
$178.0M
$108.0M
Q2 24
$155.0M
$313.0M
Q1 24
$134.0M
$174.0M
Gross Margin
GFS
GFS
WLK
WLK
Q4 25
3.4%
Q3 25
24.8%
8.3%
Q2 25
24.2%
8.7%
Q1 25
22.4%
8.2%
Q4 24
11.5%
Q3 24
23.8%
16.0%
Q2 24
24.2%
20.7%
Q1 24
25.4%
15.7%
Operating Margin
GFS
GFS
WLK
WLK
Q4 25
-26.5%
Q3 25
11.6%
-27.0%
Q2 25
11.6%
-3.7%
Q1 25
9.5%
-1.1%
Q4 24
2.3%
Q3 24
10.6%
5.8%
Q2 24
9.5%
12.7%
Q1 24
9.5%
7.5%
Net Margin
GFS
GFS
WLK
WLK
Q4 25
-21.5%
Q3 25
14.8%
-27.6%
Q2 25
13.5%
-4.8%
Q1 25
13.3%
-1.4%
Q4 24
0.2%
Q3 24
10.2%
3.5%
Q2 24
9.5%
9.8%
Q1 24
8.7%
5.8%
EPS (diluted)
GFS
GFS
WLK
WLK
Q4 25
$-4.22
Q3 25
$0.44
$-6.06
Q2 25
$0.41
$-1.11
Q1 25
$0.38
$-0.31
Q4 24
$0.07
Q3 24
$0.32
$0.83
Q2 24
$0.28
$2.40
Q1 24
$0.24
$1.34

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
WLK
WLK
Cash + ST InvestmentsLiquidity on hand
$2.0B
$2.7B
Total DebtLower is stronger
$5.6B
Stockholders' EquityBook value
$11.8B
$8.8B
Total Assets
$16.7B
$20.0B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
WLK
WLK
Q4 25
$2.7B
Q3 25
$2.0B
$1.9B
Q2 25
$1.8B
$2.1B
Q1 25
$1.6B
$2.3B
Q4 24
$2.9B
Q3 24
$2.3B
$2.9B
Q2 24
$2.2B
$3.0B
Q1 24
$2.2B
$3.1B
Total Debt
GFS
GFS
WLK
WLK
Q4 25
$5.6B
Q3 25
$4.7B
Q2 25
$4.7B
Q1 25
$4.6B
Q4 24
$4.6B
Q3 24
$4.6B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
GFS
GFS
WLK
WLK
Q4 25
$8.8B
Q3 25
$11.8B
$9.4B
Q2 25
$11.5B
$10.3B
Q1 25
$11.1B
$10.4B
Q4 24
$10.5B
Q3 24
$11.6B
$10.7B
Q2 24
$11.3B
$10.6B
Q1 24
$11.3B
$10.3B
Total Assets
GFS
GFS
WLK
WLK
Q4 25
$20.0B
Q3 25
$16.7B
$19.8B
Q2 25
$16.8B
$20.8B
Q1 25
$16.5B
$20.7B
Q4 24
$20.8B
Q3 24
$18.1B
$21.1B
Q2 24
$21.1B
Q1 24
$21.0B
Debt / Equity
GFS
GFS
WLK
WLK
Q4 25
0.64×
Q3 25
0.49×
Q2 25
0.45×
Q1 25
0.44×
Q4 24
0.43×
Q3 24
0.43×
Q2 24
0.46×
Q1 24
0.47×

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
WLK
WLK
Operating Cash FlowLast quarter
$595.0M
$225.0M
Free Cash FlowOCF − Capex
$-16.0M
FCF MarginFCF / Revenue
-0.6%
Capex IntensityCapex / Revenue
9.5%
Cash ConversionOCF / Net Profit
2.39×
TTM Free Cash FlowTrailing 4 quarters
$-530.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
WLK
WLK
Q4 25
$225.0M
Q3 25
$595.0M
$182.0M
Q2 25
$431.0M
$135.0M
Q1 25
$331.0M
$-77.0M
Q4 24
$434.0M
Q3 24
$375.0M
$474.0M
Q2 24
$402.0M
$237.0M
Q1 24
$488.0M
$169.0M
Free Cash Flow
GFS
GFS
WLK
WLK
Q4 25
$-16.0M
Q3 25
$-57.0M
Q2 25
$-132.0M
Q1 25
$-325.0M
Q4 24
$149.0M
Q3 24
$254.0M
Q2 24
$6.0M
Q1 24
$-103.0M
FCF Margin
GFS
GFS
WLK
WLK
Q4 25
-0.6%
Q3 25
-2.0%
Q2 25
-4.5%
Q1 25
-11.4%
Q4 24
5.2%
Q3 24
8.1%
Q2 24
0.2%
Q1 24
-3.5%
Capex Intensity
GFS
GFS
WLK
WLK
Q4 25
9.5%
Q3 25
8.4%
Q2 25
9.0%
Q1 25
8.7%
Q4 24
10.0%
Q3 24
7.1%
Q2 24
7.2%
Q1 24
9.1%
Cash Conversion
GFS
GFS
WLK
WLK
Q4 25
Q3 25
2.39×
Q2 25
1.89×
Q1 25
1.57×
Q4 24
62.00×
Q3 24
2.11×
4.39×
Q2 24
2.59×
0.76×
Q1 24
3.64×
0.97×

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%

WLK
WLK

Performance Materials$930.0M37%
Housing Products$767.0M30%
Essential Materials$702.0M28%
Infrastructure Products$134.0M5%

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