AMD: the annual earnings and cash-flow comparison
A two-period review of AMD revenue, profitability and cash conversion; reported revenue growth was 34.34%.
Data through 2025-12-27
AMD / Technology
Semiconductors & Related Devices
ADVANCED MICRO DEVICES INC is an SEC-reporting issuer listed on NASDAQ under AMD. Its SEC industry description is Semiconductors & Related Devices. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.
Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures.
Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.
Annual reporting currency: USD. Financial amounts are in millions, except per-share figures and ratios.
| Metric | 2025-12-27 | 2024-12-28 | Source filed |
|---|---|---|---|
| Revenue | USD 34,639m | USD 25,785m | 2026-02-04 |
| Operating income | USD 3,694m | USD 1,900m | 2026-02-04 |
| Net income | USD 4,335m | USD 1,641m | 2026-02-04 |
| Diluted EPS | USD 2.65 | USD 1.00 | 2026-02-04 |
| Operating cash flow | USD 7,709m | USD 3,041m | 2026-02-04 |
| Capital expenditure | USD 974m | USD 636m | 2026-02-04 |
| Free cash flow | USD 6,735m | USD 2,405m | 2026-02-04 |
| Gross margin | 49.52% | 49.35% | 2026-02-04 |
| Operating margin | 10.66% | 7.37% | 2026-02-04 |
FCF = operating cash flow − purchases of property, plant and equipment. Missing tags remain unavailable. Standardized cash-flow comparisons are particularly limited for financial businesses.
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}Reported fiscal periods, not a live price chart.
Interactive chart loads in the browser. The full annual values are available below.
| Period end | Revenue | Net income | EPS |
|---|---|---|---|
| 2025-12-27 | USD 34,639m | USD 4,335m | USD 2.65 |
| 2024-12-28 | USD 25,785m | USD 1,641m | USD 1.00 |
| 2023-12-30 | USD 22,680m | USD 854m | USD 0.53 |
| 2022-12-31 | USD 23,601m | USD 1,320m | USD 0.84 |
This release does not quote price-based multiples because it does not include synchronized market prices. A financial denominator must be paired with a clearly dated market value.
| Measure | Interpretation |
|---|---|
| P/E | Price divided by EPS; identify annual, trailing or forward basis. |
| P/S & P/B | Market capitalization divided by sales or book equity. |
| EV / EBITDA | Enterprise value and EBITDA need consistent definitions. |
| FCF yield | Free cash flow divided by dated market capitalization. |
A sector median is descriptive, not a fair-value estimate. Explore sector context ↗
AMD filed this 10-K on 2026-02-04 for the reported period 2025-12-27. Reading focus: Revenue mix, research spending, inventory and cash conversion. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.
Read SEC original ↗A two-period review of AMD revenue, profitability and cash conversion; reported revenue growth was 34.34%.
Annual revenue of USD 34.639 billion and net income of USD 4.335 billion for the period ended 2025-12-27.
Customer concentration, product transitions, export restrictions and the durability of capital spending.
Revenue mix, research spending, inventory and cash conversion.