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

Zimmer Biomet is the larger business by last-quarter revenue ($2.1B vs $1.7B, roughly 1.2× GLOBALFOUNDRIES Inc.). GLOBALFOUNDRIES Inc. runs the higher net margin — 14.8% vs 11.4%, a 3.3% gap on every dollar of revenue. On growth, Zimmer Biomet posted the faster year-over-year revenue change (9.3% vs -2.9%). Over the past eight quarters, Zimmer Biomet's revenue compounded faster (3.7% 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.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

GFS vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.2× larger
ZBH
$2.1B
$1.7B
GFS
Growing faster (revenue YoY)
ZBH
ZBH
+12.2% gap
ZBH
9.3%
-2.9%
GFS
Higher net margin
GFS
GFS
3.3% more per $
GFS
14.8%
11.4%
ZBH
Faster 2-yr revenue CAGR
ZBH
ZBH
Annualised
ZBH
3.7%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GFS
GFS
ZBH
ZBH
Revenue
$1.7B
$2.1B
Net Profit
$249.0M
$238.3M
Gross Margin
24.8%
64.6%
Operating Margin
11.6%
17.9%
Net Margin
14.8%
11.4%
Revenue YoY
-2.9%
9.3%
Net Profit YoY
39.9%
30.5%
EPS (diluted)
$0.44
$1.22

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
ZBH
ZBH
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$1.7B
$2.0B
Q2 25
$1.7B
$2.1B
Q1 25
$1.6B
$1.9B
Q4 24
$2.0B
Q3 24
$1.7B
$1.8B
Q2 24
$1.6B
$1.9B
Net Profit
GFS
GFS
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$139.4M
Q3 25
$249.0M
$230.9M
Q2 25
$228.0M
$152.8M
Q1 25
$211.0M
$182.0M
Q4 24
$239.5M
Q3 24
$178.0M
$249.1M
Q2 24
$155.0M
$242.8M
Gross Margin
GFS
GFS
ZBH
ZBH
Q1 26
64.6%
Q4 25
64.7%
Q3 25
24.8%
72.1%
Q2 25
24.2%
71.5%
Q1 25
22.4%
71.2%
Q4 24
71.0%
Q3 24
23.8%
70.5%
Q2 24
24.2%
71.5%
Operating Margin
GFS
GFS
ZBH
ZBH
Q1 26
17.9%
Q4 25
6.9%
Q3 25
11.6%
17.6%
Q2 25
11.6%
14.4%
Q1 25
9.5%
15.3%
Q4 24
19.2%
Q3 24
10.6%
15.3%
Q2 24
9.5%
18.1%
Net Margin
GFS
GFS
ZBH
ZBH
Q1 26
11.4%
Q4 25
6.2%
Q3 25
14.8%
11.5%
Q2 25
13.5%
7.4%
Q1 25
13.3%
9.5%
Q4 24
11.8%
Q3 24
10.2%
13.7%
Q2 24
9.5%
12.5%
EPS (diluted)
GFS
GFS
ZBH
ZBH
Q1 26
$1.22
Q4 25
$0.71
Q3 25
$0.44
$1.16
Q2 25
$0.41
$0.77
Q1 25
$0.38
$0.91
Q4 24
$1.18
Q3 24
$0.32
$1.23
Q2 24
$0.28
$1.18

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$2.0B
$424.2M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$11.8B
$12.7B
Total Assets
$16.7B
$22.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
ZBH
ZBH
Q1 26
$424.2M
Q4 25
$591.9M
Q3 25
$2.0B
$1.3B
Q2 25
$1.8B
$556.9M
Q1 25
$1.6B
$1.4B
Q4 24
$525.5M
Q3 24
$2.3B
$569.0M
Q2 24
$2.2B
$420.1M
Total Debt
GFS
GFS
ZBH
ZBH
Q1 26
$7.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
GFS
GFS
ZBH
ZBH
Q1 26
$12.7B
Q4 25
$12.7B
Q3 25
$11.8B
$12.8B
Q2 25
$11.5B
$12.5B
Q1 25
$11.1B
$12.4B
Q4 24
$12.5B
Q3 24
$11.6B
$12.4B
Q2 24
$11.3B
$12.7B
Total Assets
GFS
GFS
ZBH
ZBH
Q1 26
$22.7B
Q4 25
$23.1B
Q3 25
$16.7B
$23.5B
Q2 25
$16.8B
$22.9B
Q1 25
$16.5B
$22.2B
Q4 24
$21.4B
Q3 24
$18.1B
$21.7B
Q2 24
$21.5B
Debt / Equity
GFS
GFS
ZBH
ZBH
Q1 26
0.59×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
ZBH
ZBH
Operating Cash FlowLast quarter
$595.0M
$359.4M
Free Cash FlowOCF − Capex
$245.9M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$517.4M
Q3 25
$595.0M
$418.7M
Q2 25
$431.0M
$378.2M
Q1 25
$331.0M
$382.8M
Q4 24
$506.3M
Q3 24
$375.0M
$395.7M
Q2 24
$402.0M
$369.4M
Free Cash Flow
GFS
GFS
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$442.6M
Q3 25
$363.7M
Q2 25
$328.1M
Q1 25
$338.2M
Q4 24
$454.8M
Q3 24
$351.2M
Q2 24
$316.7M
FCF Margin
GFS
GFS
ZBH
ZBH
Q1 26
11.8%
Q4 25
19.7%
Q3 25
18.2%
Q2 25
15.8%
Q1 25
17.7%
Q4 24
22.5%
Q3 24
19.3%
Q2 24
16.3%
Capex Intensity
GFS
GFS
ZBH
ZBH
Q1 26
Q4 25
3.3%
Q3 25
2.7%
Q2 25
2.4%
Q1 25
2.3%
Q4 24
2.5%
Q3 24
2.4%
Q2 24
2.7%
Cash Conversion
GFS
GFS
ZBH
ZBH
Q1 26
1.51×
Q4 25
3.71×
Q3 25
2.39×
1.81×
Q2 25
1.89×
2.48×
Q1 25
1.57×
2.10×
Q4 24
2.11×
Q3 24
2.11×
1.59×
Q2 24
2.59×
1.52×

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%

ZBH
ZBH

Segment breakdown not available.

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