Advanced Micro Devices, Inc. (AMD) Financial Statements

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Advanced Micro Devices financial statements at a glance

Advanced Micro Devices reported revenue of $34.64 billion for fiscal year 2025 (ended December 31, 2025), up 34.3% from fiscal year 2024. Net income was $4.34 billion, a net margin of 12.5%, and diluted earnings per share were $2.65.

At the end of fiscal year 2025 it had total assets of $76.93 billion, total liabilities of $13.93 billion and shareholders' equity of $63.00 billion, with cash and short-term investments of $10.55 billion and total debt of $3.85 billion.

Its operations brought in $7.71 billion of cash; capital spending was $974.00 million, leaving free cash flow of $6.74 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Advanced Micro Devices, Inc.

AMDUnited States
Technology
USD (Local)

Income Statement

Annual • USD

Total Revenue
34.64B
Prev Year: 25.79B
YoY: +34.3%
Operating Revenue
34.64B
Prev Year: 25.79B
YoY: +34.3%
Net Income from Continuing Operation Net Minority Interest
4.27B
Prev Year: 1.64B
YoY: +160.1%
Total Unusual Items Excluding Goodwill
366.00M
Prev Year: -186.00M
YoY: +296.8%
Total Unusual Items
366.00M
Prev Year: -186.00M
YoY: +296.8%
Normalized EBITDA
6.91B
Prev Year: 5.44B
YoY: +26.9%
Tax Rate for Calcs
0.21
Prev Year: 0
Tax Effect of Unusual Items
76.86M
Prev Year: -35.34M
YoY: +317.5%
Net Income from Discontinued Operations
66.00M
Equity in Earnings of Affiliates, Net of Tax
26.00M
Prev Year: 33.00M
YoY: -21.2%
Gain on Sale of Securities
366.00M
Depreciation Amortization Depletion
1.22B
Prev Year: 1.45B
YoY: -15.5%
Depreciation and amortization
1.22B
Prev Year: 1.45B
YoY: -15.5%
Amortization
1.22B
Prev Year: 1.45B
YoY: -15.5%
Amortization of Intangibles
1.22B
Prev Year: 1.45B
YoY: -15.5%
Cost of Revenue
17.49B
Prev Year: 13.06B
YoY: +33.9%
Gross Profit
17.15B
Prev Year: 12.72B
YoY: +34.8%
Operating Expense
13.46B
Prev Year: 10.64B
YoY: +26.5%
Selling General and Administrative
4.14B
Prev Year: 2.78B
YoY: +48.9%
Research and Development
8.09B
Prev Year: 6.46B
YoY: +25.3%
Operating Income
3.69B
Prev Year: 2.09B
YoY: +77.1%
Net Non Operating Interest Income Expense
84.00M
Prev Year: 90.00M
YoY: -6.7%
Non-operating Interest Income
215.00M
Prev Year: 182.00M
YoY: +18.1%
Non-operating Interest Expense
131.00M
Prev Year: 92.00M
YoY: +42.4%
Other Income Expense
362.00M
Prev Year: -187.00M
YoY: +293.6%
Other Non-operating Income (expense)
-4.00M
Prev Year: -3.00M
YoY: -33.3%
Pre-tax Income
4.14B
Prev Year: 1.99B
YoY: +108.1%
Provision for Income Taxes
-103.00M
Prev Year: 381.00M
YoY: -127.0%
Net Income Common Stockholders
4.33B
Prev Year: 1.64B
YoY: +164.2%
Net Income
4.33B
Prev Year: 1.64B
YoY: +164.2%
Net Income Including Non-Controlling Interests
4.33B
Prev Year: 1.64B
YoY: +164.2%
Net Income from Continuing Operations
4.27B
Prev Year: 1.64B
YoY: +160.1%
Diluted NI Available to Com Stockholders
4.33B
Prev Year: 1.64B
YoY: +164.2%
Basic EPS
2.67
Prev Year: 1.01
YoY: +164.4%
Average Dilution Earnings
-
Diluted EPS
2.65
Prev Year: 1
YoY: +165.0%
Weighted Average Shares (basic)
1.62B
Prev Year: 1.62B
YoY: +0.2%
Weighted Average Shares (diluted)
1.64B
Prev Year: 1.64B
YoY: -0.1%
Total Operating Income as Reported
3.69B
Prev Year: 1.90B
YoY: +94.4%
Total Expenses
30.95B
Prev Year: 23.70B
YoY: +30.6%
Net Income from Continuing and Discontinued Operation
4.33B
Prev Year: 1.64B
YoY: +164.2%
Normalized Income
3.98B
Prev Year: 1.79B
YoY: +122.1%
Interest Income
215.00M
Prev Year: 182.00M
YoY: +18.1%
Interest Expense
131.00M
Prev Year: 92.00M
YoY: +42.4%
Net Interest Income
84.00M
Prev Year: 90.00M
YoY: -6.7%
EBIT
4.27B
Prev Year: 2.08B
YoY: +105.2%
EBITDA
7.28B
Prev Year: 5.26B
YoY: +38.4%
Reconciled Cost of Revenue
15.71B
Prev Year: 11.33B
YoY: +38.6%
Reconciled Depreciation
3.00B
Prev Year: 3.18B
YoY: -5.4%
Values in USD

Advanced Micro Devices key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$34.6B$25.8B$22.7B$23.6B$16.4B
Gross profit$17.2B$12.7B$10.5B$10.6B$7.9B
Operating income$3.7B$2.1B$401.0M$1.3B$3.6B
Net income$4.3B$1.6B$854.0M$1.3B$3.2B
Diluted EPS$2.65$1.00$0.53$0.84$2.57
Total assets$76.9B$69.2B$67.9B$67.6B$12.4B
Total liabilities$13.9B$11.7B$12.0B$12.8B$4.9B
Shareholders' equity$63.0B$57.6B$55.9B$54.8B$7.5B
Cash and short-term investments$10.6B$5.1B$5.8B$5.9B$3.6B
Total debt$3.8B$2.2B$3.0B$2.9B$661.0M
Operating cash flow$7.7B$3.0B$1.7B$3.6B$3.5B
Capital spending$974.0M$636.0M$546.0M$450.0M$301.0M
Free cash flow$6.7B$2.4B$1.1B$3.1B$3.2B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Advanced Micro Devices's revenue in fiscal year 2025?

$34.64 billion, up 34.3% from $25.79 billion in fiscal year 2024.

How much profit does Advanced Micro Devices make?

Advanced Micro Devices reported net income of $4.34 billion for fiscal year 2025 (12.5% of revenue); operating income was $3.69 billion.

How much cash and debt does Advanced Micro Devices have?

At the end of fiscal year 2025: cash and short-term investments of $10.55 billion and total debt of $3.85 billion.

What is Advanced Micro Devices's free cash flow?

$6.74 billion in fiscal year 2025 (operating cash flow of $7.71 billion minus capital spending of $974.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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