Earnings
3 storiesThe company posted quarterly revenue of $163.8 million for the period ended March 31, 2026, with management guiding Q4 FY2026 at approximately $160 million ± $10 million and expecting recovery as new programs ramp. The sequential decline and year-over-year softness signal continued near-term pressure in power semiconductor demand, though management projects stabilization beginning in the June quarter.
Industrial & Commercial revenue jumped 33% year-over-year to $128 million, while Home & Life grew 5% to $86 million. The company suspended forward guidance pending its Texas Instruments acquisition close.
Gross margin reached ~29%, a record 510 basis points higher than the prior year, while diluted EPS came in at $0.40. The results signal improving manufacturing efficiency and cost structure as GF scales capacity for foundry customers amid rising demand for advanced nodes.
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