Advanced Micro Devices, Inc.
TechnologyNASDAQ:AMD · NASDAQ Global Select
+$32.24 today
Vol 21.61M · Avg 37.58M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$37.5B of revenue converted into $5.0B of net income for the selected period. Gross margin is 49.7% and net margin is 13.2%, showing how much revenue survives after costs and taxes. EPS is $3.06, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.6B +34.3% | $25.8B +13.7% | $22.7B -3.9% | $23.6B +43.6% | $16.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $17.5B +33.9% | $13.1B +6.9% | $12.2B -6.0% | $13.0B +52.8% | $8.5B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $17.2B +34.8% | $12.7B +21.7% | $10.5B -1.3% | $10.6B +33.7% | $7.9B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 49.5% +0.2pp | 49.4% +3.2pp | 46.1% +1.2pp | 44.9% -3.3pp | 48.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $8.1B +25.3% | $6.5B +9.9% | $5.9B +17.3% | $5.0B +75.9% | $2.8B | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $4.1B +48.9% | $2.8B +18.3% | $2.4B +0.7% | $2.3B +61.3% | $1.4B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $13.5B +24.3% | $10.8B +7.6% | $10.1B +7.7% | $9.3B +118.1% | $4.3B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $3.0B -5.4% | $3.2B -10.5% | $3.6B -16.7% | $4.3B +820.5% | $463.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $7.3B +38.4% | $5.3B +26.7% | $4.1B -25.0% | $5.5B +32.8% | $4.2B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 21.0% +0.6pp | 20.4% +2.1pp | 18.3% -5.2pp | 23.4% -1.9pp | 25.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $3.7B +94.4% | $1.9B +373.8% | $401.0M -68.3% | $1.3B -65.4% | $3.6B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 10.7% +3.3pp | 7.4% +5.6pp | 1.8% -3.6pp | 5.4% -16.8pp | 22.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $215.0M +18.1% | $182.0M -11.7% | $206.0M +216.9% | $65.0M +712.5% | $8.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $131.0M +42.4% | $92.0M -13.2% | $106.0M +20.5% | $88.0M +158.8% | $34.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $472.0M +286.9% | $122.0M +14.0% | $107.0M +262.1% | -$66.0M -344.4% | $27.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $4.2B +106.0% | $2.0B +298.0% | $508.0M -57.6% | $1.2B -67.4% | $3.7B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 12.0% +4.2pp | 7.8% +5.6pp | 2.2% -2.8pp | 5.1% -17.3pp | 22.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$103.0M -127.0% | $381.0M +210.1% | -$346.0M -183.6% | -$122.0M -123.8% | $513.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $4.3B +164.2% | $1.6B +92.2% | $854.0M -35.3% | $1.3B -58.3% | $3.2B | $4.9B | $4.8B | $4.7B |
| Net Margin | 12.5% +6.2pp | 6.4% +2.6pp | 3.8% -1.8pp | 5.6% -13.6pp | 19.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $3 +164.4% | $1 +90.6% | $1 -37.6% | $1 -67.4% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $3 +165.0% | $1 +88.7% | $1 -36.9% | $1 -67.3% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $1.6B +0.2% | $1.6B +0.4% | $1.6B +3.4% | $1.6B +28.7% | $1.2B | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $1.6B -0.1% | $1.6B +0.7% | $1.6B +3.4% | $1.6B +27.8% | $1.2B | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Micron Technology, Inc.
NASDAQ:MU
$1.13T
ASML Holding N.V.
NASDAQ:ASML
$726.23B
Lam Research Corporation
NASDAQ:LRCX
$466.44B
Applied Materials, Inc.
NASDAQ:AMAT
$451.28B
Arm Holdings plc American Depositary Shares
NASDAQ:ARM
$402.83B
KLA Corporation
NASDAQ:KLAC
$327.08B
Palantir Technologies Inc.
NASDAQ:PLTR
$294.31B
Texas Instruments Incorporated
NASDAQ:TXN
$273.92B
QUALCOMM Incorporated
NASDAQ:QCOM
$224.42B
SAP SE
NYSE:SAP
$189.36B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does AMD generate?
Advanced Micro Devices, Inc. (AMD) reported $34.64B of revenue in fiscal 2025.
Is AMD profitable?
Advanced Micro Devices, Inc. (AMD) reported $4.33B of net income, with a net margin of 12.5%.
Explore More
Continue the stock analysis
Jump to another research area for this company.