Advanced Micro Devices, Inc. (AMD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 10.25B | 10.27B | 9.25B | 7.68B | 7.44B | 7.66B | 6.82B | 5.83B | 5.47B | 6.17B | 5.8B | 5.36B | 5.35B | 5.6B | 5.57B | 6.55B | 5.89B | 4.83B | 4.31B | 3.85B |
| Revenue Growth % | 37.85% | 34.11% | 35.59% | 31.71% | 35.9% | 24.16% | 17.57% | 8.88% | 2.24% | 10.16% | 4.22% | -18.18% | -9.07% | 16.02% | 29.03% | 70.13% | 70.89% | 48.77% | 53.98% | 99.28% |
| Cost of Goods Sold | 4.84B | 4.69B | 4.47B | 4.63B | 3.7B | 3.78B | 3.4B | 2.97B | 2.91B | 3.26B | 3.05B | 2.92B | 2.99B | 3.2B | 3.21B | 3.52B | 3.07B | 2.4B | 2.23B | 2.02B |
| COGS % of Revenue | 47.18% | 45.7% | 48.3% | 60.2% | 49.77% | 49.31% | 49.86% | 50.92% | 53.22% | 52.8% | 52.64% | 54.41% | 55.93% | 57.08% | 57.7% | 53.77% | 52.13% | 49.73% | 51.63% | 52.47% |
| Gross Profit | 5.42B | 5.58B | 4.78B | 3.06B | 3.74B | 3.88B | 3.42B | 2.86B | 2.56B | 2.91B | 2.75B | 2.44B | 2.36B | 2.4B | 2.35B | 3.03B | 2.82B | 2.43B | 2.09B | 1.83B |
| Gross Margin % | 52.82% | 54.3% | 51.7% | 39.8% | 50.23% | 50.69% | 50.14% | 49.08% | 46.78% | 47.2% | 47.36% | 45.59% | 44.07% | 42.92% | 42.3% | 46.23% | 47.87% | 50.27% | 48.37% | 47.53% |
| Gross Profit Growth % | 44.97% | 43.66% | 39.81% | 6.81% | 45.94% | 33.36% | 24.46% | 17.23% | 8.52% | 21.14% | 16.7% | -19.32% | -16.29% | -0.95% | 12.85% | 65.46% | 77.57% | 67.2% | 69.59% | 115.8% |
| Operating Expenses | 3.94B | 3.83B | 3.51B | 3.19B | 2.93B | 3.01B | 2.69B | 2.6B | 2.52B | 2.57B | 2.52B | 2.46B | 2.5B | 2.55B | 2.42B | 2.5B | 1.87B | 1.22B | 1.14B | 999M |
| OpEx % of Revenue | 38.43% | 37.24% | 37.96% | 41.55% | 39.39% | 39.32% | 39.52% | 44.47% | 46.12% | 41.65% | 43.5% | 45.96% | 46.78% | 45.58% | 43.45% | 38.2% | 31.71% | 25.26% | 26.39% | 25.95% |
| Selling, General & Admin | 1.25B | 1.2B | 1.07B | 991M | 886M | 792M | 721M | 640M | 607M | 644M | 576M | 547M | 585M | 590M | 557M | 592M | 597M | 412M | 376M | 341M |
| SG&A % of Revenue | 12.22% | 11.67% | 11.56% | 12.9% | 11.91% | 10.34% | 10.57% | 10.97% | 11.09% | 10.44% | 9.93% | 10.21% | 10.93% | 10.54% | 10.01% | 9.04% | 10.14% | 8.54% | 8.72% | 8.86% |
| Research & Development | 2.4B | 2.33B | 2.14B | 1.89B | 1.73B | 1.71B | 1.64B | 1.58B | 1.52B | 1.51B | 1.51B | 1.44B | 1.41B | 1.37B | 1.28B | 1.3B | 1.06B | 811M | 765M | 659M |
| R&D % of Revenue | 23.38% | 22.69% | 23.13% | 24.65% | 23.23% | 22.36% | 23.99% | 27.13% | 27.86% | 24.5% | 25.98% | 26.93% | 26.36% | 24.4% | 22.98% | 19.85% | 18.01% | 16.8% | 17.74% | 17.12% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K |
| Operating Income | 1.48B | 1.75B | 1.27B | -134M | 806M | 871M | 724M | 269M | 36M | 342M | 224M | -20M | -145M | -149M | -64M | 526M | 951M | 1.21B | 948M | 831M |
| Operating Margin % | 14.4% | 17.07% | 13.74% | -1.74% | 10.84% | 11.37% | 10.62% | 4.61% | 0.66% | 5.54% | 3.86% | -0.37% | -2.71% | -2.66% | -1.15% | 8.03% | 16.15% | 25.01% | 21.98% | 21.58% |
| Operating Income Growth % | 83.13% | 101.26% | 75.41% | -149.81% | 2138.89% | 154.68% | 223.21% | 1445% | 124.83% | 329.53% | 450% | -103.8% | -115.25% | -112.34% | -106.75% | -36.7% | 43.66% | 111.75% | 111.14% | 380.35% |
| EBITDA | 1.48B | 2.5B | 2.02B | 623M | 1.55B | 1.66B | 1.56B | 1.04B | 820M | 1.17B | 1.07B | 853M | 861M | 1.1B | 1.12B | 1.73B | 1.58B | 1.34B | 1.06B | 941M |
| EBITDA Margin % | 14.4% | 24.38% | 21.89% | 8.11% | 20.81% | 21.64% | 22.91% | 17.79% | 14.98% | 18.9% | 18.48% | 15.92% | 16.08% | 19.57% | 20.2% | 26.37% | 26.82% | 27.79% | 24.58% | 24.44% |
| EBITDA Growth % | -4.65% | 51.12% | 29.58% | -39.98% | 88.78% | 42.11% | 45.71% | 21.69% | -4.76% | 6.39% | -4.63% | -50.61% | -45.47% | -18.27% | 6.04% | 83.53% | 105.33% | 99.85% | 95.57% | 269.02% |
| D&A (Non-Cash Add-back) | 0 | 751M | 754M | 757M | 742M | 786M | 838M | 769M | 784M | 824M | 848M | 873M | 1.01B | 1.25B | 1.19B | 1.2B | 628M | 134M | 112M | 110M |
| EBIT | 1.48B | 2.11B | 1.36B | -36M | 845M | 908M | 760M | 324M | 89M | 391M | 283M | 26M | -102M | -117M | -42M | 522M | 909M | 1.21B | 1.01B | 831M |
| Net Interest Income | -37M | -36M | -37M | -38M | -20M | -19M | -23M | -25M | -25M | -27M | -26M | -28M | -25M | -19M | -31M | -25M | -13M | -8M | -7M | -10M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 37M | 36M | 37M | 38M | 20M | 19M | 23M | 25M | 25M | 27M | 26M | 28M | 25M | 19M | 31M | 25M | 13M | 8M | 7M | 10M |
| Other Income/Expense | 128M | 322M | 55M | 68M | 26M | 30M | 20M | 37M | 35M | 28M | 36M | 24M | 19M | 16M | -5M | -25M | -52M | -4M | 57M | -8M |
| Pretax Income | 1.6B | 2.08B | 1.32B | -66M | 832M | 901M | 744M | 306M | 71M | 370M | 260M | 4M | -126M | -133M | -69M | 501M | 899M | 1.2B | 1B | 823M |
| Pretax Margin % | 15.64% | 20.2% | 14.33% | -0.86% | 11.19% | 11.77% | 10.91% | 5.24% | 1.3% | 6% | 4.48% | 0.07% | -2.35% | -2.38% | -1.24% | 7.65% | 15.27% | 24.93% | 23.3% | 21.38% |
| Income Tax | 238M | 455M | 153M | -834M | 123M | 419M | -27M | 41M | -52M | -297M | -39M | -23M | 13M | -154M | -135M | 54M | 113M | 229M | 82M | 113M |
| Effective Tax Rate % | 14.84% | 21.93% | 11.55% | 1263.64% | 14.78% | 46.5% | -3.63% | 13.4% | -73.24% | -80.27% | -15% | -575% | -10.32% | 115.79% | 195.65% | 10.78% | 12.57% | 19.04% | 8.16% | 13.73% |
| Net Income | 1.37B | 1.51B | 1.24B | 872M | 709M | 482M | 771M | 265M | 123M | 667M | 299M | 27M | -139M | 21M | 66M | 447M | 786M | 974M | 923M | 710M |
| Net Margin % | 13.32% | 14.71% | 13.44% | 11.35% | 9.53% | 6.29% | 11.31% | 4.54% | 2.25% | 10.81% | 5.16% | 0.5% | -2.6% | 0.38% | 1.19% | 6.82% | 13.35% | 20.18% | 21.4% | 18.44% |
| Net Income Growth % | 92.67% | 213.49% | 61.22% | 229.06% | 476.42% | -27.74% | 157.86% | 881.48% | 188.49% | 3076.19% | 353.03% | -93.96% | -117.68% | -97.84% | -92.85% | -37.04% | 41.62% | -45.31% | 136.67% | 352.23% |
| Net Income (Continuing) | 1.37B | 1.62B | 1.17B | 768M | 709M | 482M | 771M | 265M | 123M | 667M | 299M | 27M | -139M | 21M | 66M | 447M | 786M | 974M | 923M | 710M |
| Discontinued Operations | 0 | -1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.84 | 0.92 | 0.76 | 0.54 | 0.44 | 0.30 | 0.47 | 0.16 | 0.08 | 0.41 | 0.18 | 0.02 | -0.09 | 0.01 | 0.04 | 0.27 | 0.56 | 0.80 | 0.75 | 0.58 |
| EPS Growth % | 90.91% | 206.67% | 61.7% | 237.5% | 486.67% | -26.83% | 161.11% | 863.86% | 183.33% | 3053.85% | 343.35% | -93.85% | -116.07% | -98.38% | -94.59% | -53.45% | 24.44% | -44.83% | 134.38% | 346.15% |
| EPS (Basic) | 0.85 | 0.93 | 0.76 | 0.54 | 0.44 | 0.30 | 0.48 | 0.16 | 0.08 | 0.41 | 0.18 | 0.02 | -0.09 | 0.01 | 0.04 | 0.28 | 0.56 | 0.81 | 0.76 | 0.58 |
| Diluted Shares Outstanding | 1.65B | 1.65B | 1.64B | 1.63B | 1.63B | 1.63B | 1.64B | 1.64B | 1.64B | 1.63B | 1.63B | 1.63B | 1.61B | 1.62B | 1.63B | 1.63B | 1.41B | 1.22B | 1.23B | 1.23B |
| Basic Shares Outstanding | 1.63B | 1.63B | 1.63B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.61B | 1.61B | 1.61B | 1.61B | 1.62B | 1.39B | 1.21B | 1.21B | 1.22B |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |