Advanced Micro Devices income statement
In fiscal 2025, Advanced Micro Devices reported revenue of $34.64bn, up 34.3% on the year before, operating income of $3.69bn (a 10.7% margin) and net income of $4.33bn, or $2.65 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.4 | 6.5 | 6.6 | 5.4 | 5.3 | 5.5 | 4.0 | 4.3 | 5.3 | 6.5 | 6.7 | 9.8 | 16.4 | 23.6 | 22.7 | 25.8 | 34.6 | 41.3 |
| Cost of revenue | — | — | — | — | — | — | — | 3.3 | 3.5 | 4.0 | 3.9 | 5.4 | 8.5 | 13.0 | 12.2 | 13.1 | 17.5 | 19.3 |
| Gross profit | 2.3 | 3.0 | 2.9 | 1.2 | 2.0 | 1.8 | 1.1 | 1.0 | 1.8 | 2.4 | 2.9 | 4.3 | 7.9 | 10.6 | 10.5 | 12.7 | 17.2 | 22.0 |
| Research and development | 1.7 | 1.4 | 1.5 | 1.4 | 1.2 | 1.1 | 0.9 | 1.0 | 1.2 | 1.4 | 1.5 | 2.0 | 2.8 | 5.0 | 5.9 | 6.5 | 8.1 | 9.4 |
| Selling, general and administrative | 1.0 | 0.9 | 1.0 | 0.8 | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.8 | 1.0 | 1.4 | 2.3 | 2.3 | 2.7 | 4.1 | 4.9 |
| Operating income | 0.7 | 0.8 | 0.4 | −1.1 | 0.1 | −0.2 | −0.5 | −0.4 | 0.1 | 0.5 | 0.6 | 1.4 | 3.6 | 1.3 | 0.4 | 1.9 | 3.7 | 6.5 |
| Interest expense | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net interest income | 0.0 | — | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 | — |
| Income before tax | 0.4 | 0.5 | 0.5 | −1.2 | −0.1 | −0.4 | −0.6 | −0.5 | −0.0 | 0.3 | 0.4 | 1.3 | 3.7 | 1.2 | 0.5 | 2.0 | 4.2 | 7.6 |
| Income tax | 0.1 | 0.0 | −0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | −1.2 | 0.5 | −0.1 | −0.3 | 0.4 | −0.1 | 1.1 |
| Net income | 0.3 | 0.5 | 0.5 | −1.2 | −0.1 | −0.4 | −0.7 | −0.5 | −0.0 | 0.3 | 0.3 | 2.5 | 3.2 | 1.3 | 0.9 | 1.6 | 4.3 | 6.4 |
| Diluted EPS | $0.45 | $0.64 | $0.66 | −$1.60 | −$0.11 | −$0.53 | −$0.84 | −$0.60 | −$0.03 | $0.32 | $0.30 | $2.06 | $2.57 | $0.84 | $0.53 | $1.00 | $2.65 | $3.90 |
| Diluted shares (average) | 678m | 733m | 742m | 741m | 754m | 768m | 783m | 835m | 952m | 1,064m | 1,120m | 1,207m | 1,229m | 1,571m | 1,625m | 1,637m | 1,636m | 1,649m |
| EBITDA | 1.8 | 1.2 | 0.7 | −0.8 | 0.3 | 0.0 | −0.3 | −0.2 | 0.3 | 0.6 | 0.9 | 1.6 | 3.9 | 1.7 | 0.8 | 2.4 | 4.2 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.8 | 7.7 | 7.4 | 7.7 | 9.2 | 10.3 | 10.3 | 11.5 |
| Cost of revenue | 3.4 | 3.8 | 3.7 | 4.6 | 4.5 | 4.7 | 4.8 | 5.3 |
| Gross profit | 3.4 | 3.9 | 3.7 | 3.1 | 4.8 | 5.6 | 5.4 | 6.2 |
| Research and development | 1.6 | 1.7 | 1.7 | 1.9 | 2.1 | 2.3 | 2.4 | 2.5 |
| Selling, general and administrative | 0.7 | 0.8 | 0.9 | 1.0 | 1.1 | 1.2 | 1.3 | 1.4 |
| Operating income | 0.7 | 0.9 | 0.8 | −0.1 | 1.3 | 1.8 | 1.5 | 2.0 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before tax | 0.7 | 0.9 | 0.8 | −0.1 | 1.3 | 2.1 | 1.6 | 2.6 |
| Income tax | −0.0 | 0.4 | 0.1 | −0.8 | 0.2 | 0.5 | 0.2 | 0.3 |
| Net income | 0.8 | 0.5 | 0.7 | 0.9 | 1.2 | 1.5 | 1.4 | 2.3 |
| Diluted EPS | $0.47 | $0.29 | $0.44 | $0.54 | $0.75 | $0.92 | $0.84 | $1.38 |
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