ADVANCED MICRO DEVICES INC AMD
AMD drives innovation in high performance and AI computing to solve the world's most important challenges. AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack solutions that help customers turn data into breakthroughs, with the speed and scale needed for a new era of intelligent computing. Our high-performance product portfolios provide differentiated solutions, including semi-custom System-on-Chip (SoCs), adaptive SoCs and accelerated processing units (APUs). For data centers, we offer AI accelerators, microprocessors (CPUs), graphic processing units (GPUs), data processing units (DPUs), AI Network Interface Cards (AI NICs) and field programmable gate arrays (FPGAs). We offer ultra-low latency networking solutions. We also offer data center rack-scale platform designs that incorporate AMD data center products to meet the growing performance demands of AI supercomputers and machine learning workloads. In client computing, our CPUs, APUs and chipsets for desktops and notebooks deliver performance, efficiency, AI capabilities and modern security features for gamers, creators, consumers and enterprises. AMD was the first company to integrate a dedicated neural processing unit (NPU) on the same SoC as an x86 CPU for AI PCs. By bringing NPU‑accelerated AI capabilities directly into mainstream x86 platforms, we established a differentiated technology footprint that supports a growing ecosystem of AI‑enabled applications and lays the groundwork for the multi‑generation Ryzen™ AI roadmap that continues to expand our leadership. Our GPUs, including discrete GPUs and semi-custom SoCs, are combined with software to power immersive gaming experiences across PCs, game consoles and cloud gaming services. Our embedded computing portfolio delivers high-performance, scalable solutions across CPUs, APUs, FPGAs, System-on-Modules (SOMs) and adaptive SoCs for markets such as automotive, industrial, healthcare, storage and networking with integrated AI processing capabilities.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- China
- Other Countries
- Taiwan
- Singapore
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $11.36B | $8.69B | $7.84B |
| China | $7.75B | $6.23B | $3.42B |
| Other Countries | $6.05B | $3.95B | $7.35B |
| Taiwan | $5.19B | $3.30B | $1.84B |
| Singapore | $4.28B | $3.61B | $2.23B |
As the company reported it, from the “Segment Reporting - External Customers by Geographic Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.64B | $25.79B | $22.68B | $23.60B | $16.43B | $9.76B | $6.73B | $6.47B | $5.25B | $4.32B |
| Cost of revenue | $17.49B | $13.06B | $12.22B | $13.00B | $8.51B | $5.42B | $3.86B | $4.03B | $3.47B | $3.32B |
| Gross profit | $17.15B | $12.72B | $10.46B | $10.60B | $7.93B | $4.35B | $2.87B | $2.45B | $1.79B | $1.00B |
| R&D | $8.09B | $6.46B | $5.87B | $5.00B | $2.85B | $1.98B | $1.55B | $1.43B | $1.20B | $1.01B |
| SG&A | $4.14B | $2.73B | $2.32B | $2.34B | $1.45B | $995.0M | $750.0M | $562.0M | $516.0M | $466.0M |
| Total operating expenses | $13.46B | $10.82B | $10.06B | — | — | — | — | — | — | — |
| Operating income | $3.69B | $1.90B | $401.0M | $1.26B | $3.65B | $1.37B | $631.0M | $451.0M | $127.0M | -$373.0M |
| Interest expense | $131.0M | $92.0M | $106.0M | $88.0M | $34.0M | $47.0M | $94.0M | $121.0M | $126.0M | $156.0M |
| Pre-tax income | $4.17B | $2.02B | $508.0M | $1.20B | $3.67B | $1.28B | $372.0M | $328.0M | -$15.0M | -$459.0M |
| Income tax | $103.0M | $381.0M | $346.0M | $122.0M | $513.0M | $1.21B | $31.0M | $9.0M | $18.0M | $39.0M |
| Net income | $4.33B | $1.64B | $854.0M | $1.32B | $3.16B | $2.49B | $341.0M | $337.0M | -$33.0M | -$498.0M |
| EPS, basic | 2.67 | 1.01 | 0.53 | 0.85 | 2.61 | 2.10 | 0.31 | 0.34 | -0.03 | -0.60 |
| EPS, diluted | 2.65 | 1.00 | 0.53 | 0.84 | 2.57 | 2.06 | 0.30 | 0.32 | -0.03 | -0.60 |
| Shares, diluted (wtd. avg.) | 1.64B | 1.64B | 1.62B | 1.57B | 1.23B | 1.21B | 1.12B | 1.06B | 952.0M | 835.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.54B | $3.79B | $3.93B | $4.83B | $2.54B | $1.59B | $1.47B | $1.08B | $1.19B | $1.27B |
| Short-term investments | $5.01B | $1.34B | $1.84B | $1.02B | $1.07B | $695.0M | $37.0M | $78.0M | $0 | — |
| Receivables | $6.32B | $6.19B | $4.32B | $4.13B | $2.71B | $2.07B | $1.86B | $1.24B | $454.0M | $372.0M |
| Inventory | $7.92B | $5.73B | $4.35B | $3.77B | $1.96B | $1.40B | $982.0M | $845.0M | $694.0M | $691.0M |
| Total current assets | $26.95B | $19.05B | $16.77B | $15.02B | $8.58B | $6.14B | $4.60B | $3.54B | $2.63B | $2.53B |
| Property, plant and equipment | $2.31B | $1.80B | $1.59B | $1.51B | $702.0M | $641.0M | $500.0M | $348.0M | $261.0M | $164.0M |
| Goodwill | $25.13B | $24.84B | $24.26B | $24.18B | $289.0M | $289.0M | $289.0M | $289.0M | $289.0M | $289.0M |
| Other intangibles | $16.70B | $18.93B | $21.36B | $24.12B | $0 | — | — | — | — | — |
| Total assets | $76.93B | $69.23B | $67.89B | $67.58B | $12.42B | $8.96B | $6.03B | $4.56B | $3.55B | $3.32B |
| Accounts payable | $2.93B | $2.47B | $2.06B | $2.49B | $1.32B | $468.0M | $988.0M | $834.0M | $384.0M | $440.0M |
| Short-term debt | $874.0M | $0 | $751.0M | $0 | $312.0M | $0 | $0 | $136.0M | $70.0M | — |
| Total current liabilities | $9.46B | $7.28B | $6.69B | $6.37B | $4.24B | $2.42B | $2.36B | $1.98B | $1.51B | $1.35B |
| Long-term debt | $2.35B | $1.72B | $1.72B | $2.47B | $1.0M | $330.0M | $486.0M | $1.11B | $1.32B | $1.44B |
| Retained earnings | $6.70B | $2.36B | $723.0M | -$131.0M | -$1.45B | -$4.61B | -$7.09B | -$7.44B | -$7.78B | -$7.74B |
| Total equity | $63.00B | $57.57B | $55.89B | $54.75B | $7.50B | $5.84B | $2.83B | $1.27B | $596.0M | $477.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.71B | $3.04B | $1.67B | $3.56B | $3.52B | $1.07B | $493.0M | $34.0M | $12.0M | $81.0M |
| Depreciation and amortisation | $521.0M | $454.0M | $441.0M | $439.0M | $296.0M | $217.0M | $142.0M | $94.0M | $144.0M | $133.0M |
| Stock-based compensation | $1.64B | $1.41B | $1.38B | $1.08B | $379.0M | $274.0M | $197.0M | $137.0M | $97.0M | $86.0M |
| Capital expenditure | $974.0M | $636.0M | $546.0M | $450.0M | $301.0M | $294.0M | $217.0M | $163.0M | $113.0M | $77.0M |
| Investing cash flow | -$5.53B | -$1.10B | -$1.42B | $2.00B | $686.0M | -$952.0M | -$149.0M | -$170.0M | -$54.0M | $277.0M |
| Financing cash flow | -$431.0M | -$2.06B | -$1.15B | -$3.26B | $1.90B | $6.0M | $43.0M | $28.0M | -$33.0M | $122.0M |
| Buybacks | $1.32B | $862.0M | $985.0M | $3.70B | $1.76B | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000002488-26-000018.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.32B | $5.25B | $6.47B | $6.73B | $9.76B | $16.43B | $23.60B | $22.68B | $25.79B | $34.64B |
| Gross profit | $1.00B | $1.79B | $2.45B | $2.87B | $4.35B | $7.93B | $10.60B | $10.46B | $12.72B | $17.15B |
| Net income | -$498.0M | -$33.0M | $337.0M | $341.0M | $2.49B | $3.16B | $1.32B | $854.0M | $1.64B | $4.33B |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Material agreement signed Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation Item 2.03
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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