undamentalytics Newsletter

Advanced Micro Devices vs Qualcomm

Qualcomm is the larger business, with $44.28bn of revenue in fiscal 2025 against $34.64bn for Advanced Micro Devices (1.3 times as much). Advanced Micro Devices grew faster (34.3% against 13.7%). Advanced Micro Devices kept more of each dollar of sales as profit: a net margin of 12.5% against 12.5%.

Latest fiscal yearAdvanced Micro DevicesAMD, 2025QualcommQCOM, 2025
Revenue $34.64bn $44.28bn
Revenue growth 34.3% 13.7%
Net income $4.33bn $5.54bn
Operating margin — 27.9%
Net margin 12.5% 12.5%
Return on equity 7.2% 23.3%
Free cash flow $6.74bn $12.82bn
Cash $5.54bn $5.52bn
Total debt $4.10bn $14.81bn
Debt to equity — 69.8%
Dividend per share — $3.48
Dividend yield — 2.2%
Share buybacks $1.32bn $8.79bn
Employees 31,000 52,000
Market value $761.88bn $171.32bn
Price vs our value range Above our value range Within our value range
Moat score 51 (Moderate) 85 (Strong)
Insider trades, 12 months 0 buys, 221 sales 0 buys, 120 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.