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Side-by-side financial comparison of GLOBALFOUNDRIES Inc. (GFS) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

GLOBALFOUNDRIES Inc. is the larger business by last-quarter revenue ($1.7B vs $891.0M, roughly 1.9× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 14.8%, a 14.8% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs -2.9%). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

GFS vs ZION — Head-to-Head

Bigger by revenue
GFS
GFS
1.9× larger
GFS
$1.7B
$891.0M
ZION
Growing faster (revenue YoY)
ZION
ZION
+11.6% gap
ZION
8.7%
-2.9%
GFS
Higher net margin
ZION
ZION
14.8% more per $
ZION
29.5%
14.8%
GFS
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GFS
GFS
ZION
ZION
Revenue
$1.7B
$891.0M
Net Profit
$249.0M
$263.0M
Gross Margin
24.8%
Operating Margin
11.6%
Net Margin
14.8%
29.5%
Revenue YoY
-2.9%
8.7%
Net Profit YoY
39.9%
21.8%
EPS (diluted)
$0.44
$1.77

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
ZION
ZION
Q4 25
$891.0M
Q3 25
$1.7B
$861.0M
Q2 25
$1.7B
$838.0M
Q1 25
$1.6B
$795.0M
Q4 24
$820.0M
Q3 24
$1.7B
$792.0M
Q2 24
$1.6B
$777.0M
Q1 24
$1.5B
$742.0M
Net Profit
GFS
GFS
ZION
ZION
Q4 25
$263.0M
Q3 25
$249.0M
$222.0M
Q2 25
$228.0M
$244.0M
Q1 25
$211.0M
$170.0M
Q4 24
$216.0M
Q3 24
$178.0M
$214.0M
Q2 24
$155.0M
$201.0M
Q1 24
$134.0M
$153.0M
Gross Margin
GFS
GFS
ZION
ZION
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
ZION
ZION
Q4 25
Q3 25
11.6%
Q2 25
11.6%
Q1 25
9.5%
Q4 24
Q3 24
10.6%
Q2 24
9.5%
Q1 24
9.5%
Net Margin
GFS
GFS
ZION
ZION
Q4 25
29.5%
Q3 25
14.8%
25.8%
Q2 25
13.5%
29.1%
Q1 25
13.3%
21.4%
Q4 24
26.3%
Q3 24
10.2%
27.0%
Q2 24
9.5%
25.9%
Q1 24
8.7%
20.6%
EPS (diluted)
GFS
GFS
ZION
ZION
Q4 25
$1.77
Q3 25
$0.44
$1.48
Q2 25
$0.41
$1.63
Q1 25
$0.38
$1.13
Q4 24
$1.34
Q3 24
$0.32
$1.37
Q2 24
$0.28
$1.28
Q1 24
$0.24
$0.96

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$2.0B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$11.8B
$7.2B
Total Assets
$16.7B
$89.0B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
ZION
ZION
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
ZION
ZION
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$970.0M
Q1 25
$964.0M
Q4 24
$950.0M
Q3 24
$548.0M
Q2 24
$546.0M
Q1 24
$544.0M
Stockholders' Equity
GFS
GFS
ZION
ZION
Q4 25
$7.2B
Q3 25
$11.8B
$6.9B
Q2 25
$11.5B
$6.6B
Q1 25
$11.1B
$6.3B
Q4 24
$6.1B
Q3 24
$11.6B
$6.4B
Q2 24
$11.3B
$6.0B
Q1 24
$11.3B
$5.8B
Total Assets
GFS
GFS
ZION
ZION
Q4 25
$89.0B
Q3 25
$16.7B
$88.5B
Q2 25
$16.8B
$88.9B
Q1 25
$16.5B
$88.0B
Q4 24
$88.8B
Q3 24
$18.1B
$87.0B
Q2 24
$87.6B
Q1 24
$87.1B
Debt / Equity
GFS
GFS
ZION
ZION
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.16×
Q3 24
0.09×
Q2 24
0.09×
Q1 24
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$595.0M
$1.1B
Free Cash FlowOCF − Capex
$952.0M
FCF MarginFCF / Revenue
106.8%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
2.39×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
ZION
ZION
Q4 25
$1.1B
Q3 25
$595.0M
$438.0M
Q2 25
$431.0M
$-62.0M
Q1 25
$331.0M
$179.0M
Q4 24
$1.1B
Q3 24
$375.0M
$119.0M
Q2 24
$402.0M
$251.0M
Q1 24
$488.0M
$261.0M
Free Cash Flow
GFS
GFS
ZION
ZION
Q4 25
$952.0M
Q3 25
$413.0M
Q2 25
$-93.0M
Q1 25
$152.0M
Q4 24
$1.1B
Q3 24
$97.0M
Q2 24
$234.0M
Q1 24
$231.0M
FCF Margin
GFS
GFS
ZION
ZION
Q4 25
106.8%
Q3 25
48.0%
Q2 25
-11.1%
Q1 25
19.1%
Q4 24
128.2%
Q3 24
12.2%
Q2 24
30.1%
Q1 24
31.1%
Capex Intensity
GFS
GFS
ZION
ZION
Q4 25
13.6%
Q3 25
2.9%
Q2 25
3.7%
Q1 25
3.4%
Q4 24
11.8%
Q3 24
2.8%
Q2 24
2.2%
Q1 24
4.0%
Cash Conversion
GFS
GFS
ZION
ZION
Q4 25
4.08×
Q3 25
2.39×
1.97×
Q2 25
1.89×
-0.25×
Q1 25
1.57×
1.05×
Q4 24
5.31×
Q3 24
2.11×
0.56×
Q2 24
2.59×
1.25×
Q1 24
3.64×
1.71×

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%

ZION
ZION

Segment breakdown not available.

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