Advanced Micro Devices, Inc. (AMD) is a global semiconductor company that designs and develops high-performance computing, graphics, and visualization technologies. Headquartered in Santa Clara, California, the company operates as a fabless chipmaker, providing microprocessors, graphics processing units (GPUs), and adaptive computing products for consumer and enterprise markets. AMD is distinctive for its strong competitive position in data center infrastructure, artificial intelligence accelerators, and personal computing processors.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
34,639,000
25,785,000
22,680,000
23,601,000
Cost of Sales
17,487,000
13,060,000
12,220,000
12,998,000
Gross Profit
17,152,000
12,725,000
10,460,000
10,603,000
Selling, General & Administrative Expenses
4,144,000
2,735,000
2,318,000
2,336,000
Depreciation & Amortization Expenses
1,223,000
1,448,000
1,869,000
2,100,000
Research & Development Expenses
8,091,000
6,456,000
5,872,000
5,005,000
Other Operating Expenses
—
186,000
0
(102,000)
Operating Profit
3,694,000
1,900,000
401,000
1,264,000
Interest Expense
(131,000)
(92,000)
(106,000)
(88,000)
Non-Operating Income
577,000
181,000
197,000
8,000
Total Non-Operating Income
446,000
89,000
91,000
(80,000)
Income Before Provision for Income Taxes
4,140,000
1,989,000
492,000
1,184,000
Provision for Income Taxes
(103,000)
381,000
(346,000)
(122,000)
Consolidated Net Income
4,243,000
1,608,000
838,000
1,306,000
Net Income Attributable to Minority Interests and Other
(26,000)
(33,000)
(16,000)
(14,000)
Net Income Attributable to Discontinued Operations
66,000
—
—
—
Net Income Attributable to Common Shareholders
4,335,000
1,641,000
854,000
1,320,000
Basic EPS
2.67
1.01
0.53
0.85
Diluted EPS
2.67
1.01
0.53
0.84
Basic Weighted Average Shares Outstanding
1,623,419
1,618,932
1,614,000
1,561,000
Diluted Weighted Average Shares Outstanding
1,623,419
1,618,932
1,625,000
1,571,000
Shares Outstanding
1,630,000
1,622,000
1,616,000
1,612,000
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
5,539,000
3,787,000
3,933,000
4,835,000
Short-Term Investments
5,013,000
1,345,000
1,840,000
1,020,000
Total Cash and Cash Equivalents
10,552,000
5,132,000
5,773,000
5,855,000
Accounts Receivable
6,315,000
6,192,000
4,323,000
4,126,000
Other Receivables
—
—
9,000
2,000
Total Trade Receivables
6,315,000
6,192,000
4,332,000
4,128,000
Inventories
7,920,000
5,734,000
4,351,000
3,771,000
Other Current Assets
2,160,000
1,991,000
2,312,000
1,265,000
Total Current Assets
26,947,000
19,049,000
16,768,000
15,019,000
Net Property, Plant & Equipment
2,312,000
1,802,000
2,222,000
1,973,000
Net Intangible Assets
16,705,000
18,930,000
21,363,000
24,118,000
Goodwill
25,126,000
24,839,000
24,262,000
24,177,000
Long-Term Investments
—
—
99,000
83,000
Other Long-Term Assets
5,836,000
4,606,000
3,171,000
2,210,000
Total Assets
76,926,000
69,226,000
67,885,000
67,580,000
Accounts Payable
2,929,000
2,466,000
2,418,000
2,956,000
Accrued Expenses
5,250,000
4,260,000
3,082,000
3,077,000
Current Portion of Long-Term Debt
874,000
—
751,000
—
Other Current Liabilities
402,000
555,000
801,000
799,000
Total Current Liabilities
9,455,000
7,281,000
6,689,000
6,369,000
Long-Term Debt
2,348,000
1,721,000
1,717,000
2,467,000
Leases
625,000
491,000
535,000
396,000
Other Long-Term Liabilities
1,499,000
2,165,000
3,052,000
3,598,000
Total Long-Term Liabilities
4,472,000
4,377,000
5,304,000
6,461,000
Total Liabilities
13,927,000
11,658,000
11,993,000
12,830,000
Common Stock
17,000
17,000
17,000
16,000
Treasury Stock
(7,079,000)
(6,106,000)
(4,514,000)
(3,099,000)
Additional Paid-in Capital
63,365,000
61,362,000
59,676,000
58,005,000
Accumulated Other Comprehensive Income
(3,000)
(69,000)
(10,000)
(41,000)
Retained Earnings
6,699,000
2,364,000
723,000
(131,000)
Total Common Shareholders' Equity
62,999,000
57,568,000
55,892,000
54,750,000
Total Shareholders' Equity
62,999,000
57,568,000
55,892,000
54,750,000
Total Liabilities and Shareholders' Equity
76,926,000
69,226,000
67,885,000
67,580,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
4,269,000
1,641,000
854,000
1,320,000
Depreciation & Amortization
3,004,000
3,064,000
3,453,000
4,262,000
Share-Based Compensation Expense
1,638,000
1,407,000
1,384,000
1,081,000
Other Adjustments
(40,000)
(973,000)
(975,000)
(1,252,000)
Changes in Trade Receivables
(121,000)
(1,865,000)
(1,339,000)
(278,000)
Changes in Inventories
(2,189,000)
(1,458,000)
(580,000)
(1,401,000)
Changes in Accounts Payable
410,000
3,000
(519,000)
931,000
Changes in Accrued Expenses
(467,000)
883,000
(221,000)
546,000
Changes in Other Operating Activities
1,205,000
339,000
(390,000)
(1,644,000)
Cash from Operating Activities
7,709,000
3,041,000
1,667,000
3,565,000
Capital Expenditure
(1,012,000)
(636,000)
(546,000)
(450,000)
Purchases of Investments
(5,972,000)
(1,834,000)
(3,733,000)
(2,672,000)
Proceeds from Sale of Investments
1,845,000
2,032,000
2,987,000
4,310,000
Payments for Business Acquisitions
(1,760,000)
(548,000)
(131,000)
(1,544,000)
Proceeds from Business Divestments
1,356,000
—
—
—
Other Investing Activities
1,328,000
(115,000)
—
2,355,000
Cash from Investing Activities
(5,533,000)
(1,101,000)
(1,423,000)
1,999,000
Repayments of Short-Term Debt
(950,000)
(750,000)
—
—
Net Issuance / (Repayments) of Short-Term Debt
(950,000)
(750,000)
—
—
Issuance of Long-Term Debt
—
—
—
991,000
Repayments of Long-Term Debt
—
—
—
(312,000)
Net Issuance / (Repayments) of Long-Term Debt
—
—
—
679,000
Issuance of Common Shares
285,000
279,000
268,000
167,000
Repurchases of Common Shares
(1,923,000)
(1,590,000)
(1,412,000)
(4,108,000)
Net Issuance / (Repurchases) of Common Shares
(1,638,000)
(1,311,000)
(1,144,000)
(3,941,000)
Other Financing Activities
2,157,000
(1,000)
(2,000)
(2,000)
Cash from Financing Activities
(431,000)
(2,062,000)
(1,146,000)
(3,264,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash