AMD

MKT CAP:$563B

Advanced Micro Devices, Inc.

Market Cap

$563B

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$345.36+$121.89 (+54.54%)

Apr 24, 2026

Company Details

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated p...

CEO

Lisa T. Su

IPO Date

Mar 17, 1980

Website

www.amd.com

Key Metrics TTM

Revenue

$27.8B

+21.7% YoY

Net Income

$2.2B

EPS (Diluted)

$1.37

Free Cash Flow

$2.8B

Revenue / Share

$17.07

Gross Margin

50.1%

Operating Margin

9.6%

Net Margin

8.0%

FCF Margin

9.9%

P/S

20.3x

P/E

252.6x

Earnings Reports

Q2 2025

May 5, 2026

PENDING

Q1 2025

May 6, 2025

$7.4B+35.9%EPS $0.44

FY 2024

Feb 5, 2025

$25.8B+13.7%EPS $1.00

Q4 2024

Feb 5, 2025

$7.7B+24.2%EPS $0.30

Q3 2024

Oct 30, 2024

$6.8B+17.6%EPS $0.47

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$3.9B	$1.8B	$831M
Q3 21	$4.3B	$2.1B	$948M
Q4 21	$4.8B	$2.4B	$1.2B
Q1 22	$5.9B	$2.8B	$951M
Q2 22	$6.5B	$3.0B	$526M
Q3 22	$5.6B	$2.4B	-$64M
Q4 22	$5.6B	$2.4B	-$149M
Q1 23	$5.4B	$2.4B	-$145M
Q2 23	$5.4B	$2.4B	-$20M
Q3 23	$5.8B	$2.7B	$224M
Q4 23	$6.2B	$2.9B	$342M
Q1 24	$5.5B	$2.6B	$36M
Q2 24	$5.8B	$2.9B	$269M
Q3 24	$6.8B	$3.4B	$724M
Q4 24	$7.7B	$3.9B	$871M
Q1 25	$7.4B	$3.7B	$806M

Valuation

Quarter	P/S	P/E
Q2 21	7.9x	30.8x
Q3 21	8.8x	32.9x
Q4 21	13.1x	68.0x
Q1 22	10.3x	57.3x
Q2 22	6.4x	44.5x
Q3 22	4.7x	47.0x
Q4 22	4.6x	82.1x
Q1 23	6.7x	394.1x
Q2 23	8.6x	—
Q3 23	7.5x	802.3x
Q4 23	10.4x	276.8x
Q1 24	13.0x	265.8x
Q2 24	11.0x	188.7x
Q3 24	11.0x	145.8x
Q4 24	7.7x	120.9x
Q1 25	6.0x	74.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 21	$952M	$888M
Q3 21	$849M	$764M
Q4 21	$822M	$736M
Q1 22	$995M	$924M
Q2 22	$1.0B	$906M
Q3 22	$965M	$842M
Q4 22	$567M	$443M
Q1 23	$486M	$328M
Q2 23	$379M	$254M
Q3 23	$421M	$297M
Q4 23	$381M	$242M
Q1 24	$521M	$379M
Q2 24	$593M	$439M
Q3 24	$628M	$496M
Q4 24	$1.3B	$1.1B
Q1 25	$939M	$727M

Capital Expenditures

Quarter	CapEx
Q2 21	$64M
Q3 21	$85M
Q4 21	$86M
Q1 22	$71M
Q2 22	$132M
Q3 22	$123M
Q4 22	$124M
Q1 23	$158M
Q2 23	$125M
Q3 23	$124M
Q4 23	$139M
Q1 24	$142M
Q2 24	$154M
Q3 24	$132M
Q4 24	$208M
Q1 25	$212M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 21	+99.3%	+71.6%
Q3 21	+54.0%	+43.1%
Q4 21	+48.8%	+35.3%
Q1 22	+70.9%	+77.4%
Q2 22	+70.1%	+99.5%
Q3 22	+29.0%	+67.3%
Q4 22	+16.0%	+58.8%
Q1 23	-9.1%	+11.4%
Q2 23	-18.2%	-10.7%
Q3 23	+4.2%	-0.9%
Q4 23	+10.2%	+1.4%
Q1 24	+2.2%	-1.1%
Q2 24	+8.9%	+3.5%
Q3 24	+17.6%	+9.3%
Q4 24	+24.2%	+16.5%
Q1 25	+35.9%	+22.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 21	$83M	2.2%
Q3 21	$99M	2.3%
Q4 21	$112M	2.3%
Q1 22	$199M	3.4%
Q2 22	$292M	4.5%
Q3 22	$275M	4.9%
Q4 22	$315M	5.6%
Q1 23	$309M	5.8%
Q2 23	$348M	6.5%
Q3 23	$353M	6.1%
Q4 23	$374M	6.1%
Q1 24	$371M	6.8%
Q2 24	$346M	5.9%
Q3 24	$351M	5.1%
Q4 24	$339M	4.4%
Q1 25	$364M	4.9%

OpEx Breakdown

Quarter	R&D	S&M	SG&A
Q2 21	$659M	—	$341M
Q3 21	$765M	—	$376M
Q4 21	$811M	—	$412M
Q1 22	$1.1B	—	$597M
Q2 22	$1.3B	—	$592M
Q3 22	$1.3B	—	$557M
Q4 22	$1.4B	—	$590M
Q1 23	$1.4B	—	$585M
Q2 23	$1.4B	—	$547M
Q3 23	$1.5B	—	$576M
Q4 23	$1.5B	—	$644M
Q1 24	$1.5B	—	$607M
Q2 24	$1.6B	—	$640M
Q3 24	$1.6B	—	$721M
Q4 24	$1.7B	$1.2B	—
Q1 25	$1.7B	—	$886M

Revenue Segments

Quarter	Computing and Graphics	Graphics and Visual Solutions	Xilinx	Client	Data Center	Embedded	Gaming	Client and Gaming
Q2 21	$2.3B	$1.6B	—	—	—	—	—	—
Q3 21	$2.4B	$1.9B	—	—	—	—	—	—
Q4 21	$2.6B	$2.2B	—	—	—	—	—	—
Q1 22	$2.8B	$2.5B	$559M	—	—	—	—	—
Q2 22	—	—	—	$2.2B	$1.5B	$1.3B	$1.7B	—
Q3 22	—	—	—	$1.0B	$1.6B	$1.3B	$1.6B	—
Q1 23	—	—	—	$1.3B	$1.8B	$1.6B	$739M	—
Q2 23	—	—	—	$1.3B	$1.6B	$1.5B	$998M	—
Q3 23	—	—	—	$1.6B	$1.5B	$1.2B	$1.5B	—
Q4 23	—	—	—	$437M	$1.7B	$1.1B	$3.0B	—
Q1 24	—	—	—	$1.4B	$2.3B	$846M	$922M	—
Q2 24	—	—	—	$1.5B	$2.8B	$861M	$648M	—
Q3 24	—	—	—	$1.9B	$3.5B	$927M	$462M	—
Q4 24	—	—	—	$2.3B	$3.9B	$923M	$563M	—
Q1 25	—	—	—	—	$3.7B	$823M	—	$2.9B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$4.7B	$1.8B	$6.5B
Q2 22	$5.0B	$1.0B	$6.0B
Q3 22	$3.4B	$2.2B	$5.6B
Q4 22	$4.8B	$1.0B	$5.9B
Q1 23	$3.8B	$2.1B	$5.9B
Q2 23	$3.8B	$2.4B	$6.3B
Q3 23	$3.6B	$2.2B	$5.8B
Q4 23	$3.9B	$1.8B	$5.8B
Q1 24	$4.2B	$1.8B	$6.0B
Q2 24	$4.1B	$1.2B	$5.3B
Q3 24	$3.9B	$647M	$4.5B
Q4 24	$3.8B	$1.3B	$5.1B
Q1 25	$6.0B	$1.3B	$7.3B
Q2 25	$4.4B	$1.4B	$5.9B
Q3 25	$4.8B	$2.4B	$7.2B
Q4 25	$5.5B	$5.0B	$10.6B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	1.23B	+0.1%	+0.4%
Q3 21	1.23B	-0.2%	+1.2%
Q4 21	1.22B	-0.7%	-0.3%
Q1 22	1.41B	+15.4%	+14.5%
Q2 22	1.63B	+15.7%	+32.5%
Q3 22	1.63B	-0.4%	+32.1%
Q4 22	1.62B	-0.4%	+32.4%
Q1 23	1.61B	-0.4%	+14.3%
Q2 23	1.63B	+1.0%	-0.3%
Q3 23	1.63B	+0.1%	+0.2%
Q4 23	1.63B	-0.1%	+0.6%
Q1 24	1.64B	+0.7%	+1.7%
Q2 24	1.64B	-0.1%	+0.6%
Q3 24	1.64B	-0.1%	+0.4%
Q4 24	1.63B	-0.1%	+0.4%
Q1 25	1.63B	-0.5%	-0.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	$305.6K	13K
Q3 21	$342.3K	13K
Q4 21	$311.4K	16K
Q1 22	$379.8K	16K
Q2 22	$422.6K	16K
Q3 22	$359.0K	16K
Q4 22	$224.0K	25K
Q1 23	$214.1K	25K
Q2 23	$214.4K	25K
Q3 23	$232.0K	25K
Q4 23	$237.2K	26K
Q1 24	$210.5K	26K
Q2 24	$224.4K	26K
Q3 24	$262.3K	26K
Q4 24	$273.5K	28K
Q1 25	$265.6K	28K

Revenue / Employee