Stocks · Technology · Semiconductors & Related Devices

Advanced Micro Devices

AMD Clue Score69
United States Fiscal year ends December CIK 0000002488
$594.24 -2.28% Close, 12 Oct 2026
Price $594.24 +465.73% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue4.32Operating income−0.37Net income−0.50EPS, diluted−0.60Fiscal year 2017Revenue5.25 +21.6%Operating income0.13Net income−0.03EPS, diluted−0.03Fiscal year 2018Revenue6.48 +23.3%Operating income0.45Net income0.34EPS, diluted0.32Fiscal year 2019Revenue6.73 +4.0%Operating income0.63Net income0.34 +1.2%EPS, diluted0.30 −6.3%Fiscal year 2020Revenue9.76 +45.0%Operating income1.37Net income2.49 +630.2%EPS, diluted2.06 +586.7%Fiscal year 2021Revenue16.43 +68.3%Operating income3.65Net income3.16 +27.0%EPS, diluted2.57 +24.8%Fiscal year 2022Revenue23.60 +43.6%Operating income1.26Net income1.32 −58.3%EPS, diluted0.84 −67.3%Fiscal year 2023Revenue22.68 −3.9%Operating income0.40Net income0.85 −35.3%EPS, diluted0.53 −36.9%Fiscal year 2024Revenue25.79 +13.7%Operating income1.90Net income1.64 +92.2%EPS, diluted1.00 +88.7%Fiscal year 2025Revenue34.64 +34.3%Operating income3.69Net income4.34 +164.2%EPS, diluted2.65 +165.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 4.32 5.25 6.48 6.73 9.76 16.43 23.60 22.68 25.79 34.64
Growth +21.6% +23.3% +4.0% +45.0% +68.3% +43.6% −3.9% +13.7% +34.3%
Operating income −0.37 0.13 0.45 0.63 1.37 3.65 1.26 0.40 1.90 3.69
Net income −0.50 −0.03 0.34 0.34 2.49 3.16 1.32 0.85 1.64 4.34
Growth +1.2% +630.2% +27.0% −58.3% −35.3% +92.2% +164.2%
EPS, diluted −0.60 −0.03 0.32 0.30 2.06 2.57 0.84 0.53 1.00 2.65
Growth −6.3% +586.7% +24.8% −67.3% −36.9% +88.7% +165.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin23.2%Operating margin−8.6%Net margin−11.5%Free cash flow margin0.1%Fiscal year 2017Gross margin34.0%Operating margin2.4%Net margin−0.6%Free cash flow margin−1.9%Fiscal year 2018Gross margin37.8%Operating margin7.0%Net margin5.2%Free cash flow margin−2.0%Fiscal year 2019Gross margin42.6%Operating margin9.4%Net margin5.1%Free cash flow margin4.1%Fiscal year 2020Gross margin44.5%Operating margin14.0%Net margin25.5%Free cash flow margin8.0%Fiscal year 2021Gross margin48.2%Operating margin22.2%Net margin19.2%Free cash flow margin19.6%Fiscal year 2022Gross margin44.9%Operating margin5.4%Net margin5.6%Free cash flow margin13.2%Fiscal year 2023Gross margin46.1%Operating margin1.8%Net margin3.8%Free cash flow margin4.9%Fiscal year 2024Gross margin49.4%Operating margin7.4%Net margin6.4%Free cash flow margin9.3%Fiscal year 2025Gross margin49.5%Operating margin10.7%Net margin12.5%Free cash flow margin19.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 23.2% 34.0% 37.8% 42.6% 44.5% 48.2% 44.9% 46.1% 49.4% 49.5%
Operating margin −8.6% 2.4% 7.0% 9.4% 14.0% 22.2% 5.4% 1.8% 7.4% 10.7%
Net margin −11.5% −0.6% 5.2% 5.1% 25.5% 19.2% 5.6% 3.8% 6.4% 12.5%
Free cash flow margin 0.1% −1.9% −2.0% 4.1% 8.0% 19.6% 13.2% 4.9% 9.3% 19.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.08Capital expenditure−0.08Free cash flow0.00Fiscal year 2017Operating cash flow0.01Capital expenditure−0.11Free cash flow−0.10 −2,625.0%Fiscal year 2018Operating cash flow0.03Capital expenditure−0.16Free cash flow−0.13Fiscal year 2019Operating cash flow0.49Capital expenditure−0.22Free cash flow0.28Buybacks0.00Fiscal year 2020Operating cash flow1.07Capital expenditure−0.29Free cash flow0.78 +181.5%Buybacks0.00Fiscal year 2021Operating cash flow3.52Capital expenditure−0.30Free cash flow3.22 +314.4%Buybacks−1.76Fiscal year 2022Operating cash flow3.57Capital expenditure−0.45Free cash flow3.12 −3.3%Buybacks−3.70Fiscal year 2023Operating cash flow1.67Capital expenditure−0.55Free cash flow1.12 −64.0%Buybacks−0.99Fiscal year 2024Operating cash flow3.04Capital expenditure−0.64Free cash flow2.41 +114.5%Buybacks−0.86Fiscal year 2025Operating cash flow7.71Capital expenditure−0.97Free cash flow6.74 +180.0%Buybacks−1.32
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.08 0.01 0.03 0.49 1.07 3.52 3.57 1.67 3.04 7.71
Capital expenditure −0.08 −0.11 −0.16 −0.22 −0.29 −0.30 −0.45 −0.55 −0.64 −0.97
Free cash flow 0.00 −0.10 −0.13 0.28 0.78 3.22 3.12 1.12 2.41 6.74
Growth −2,625.0% +181.5% +314.4% −3.3% −64.0% +114.5% +180.0%
Buybacks n/a n/a n/a 0.00 0.00 −1.76 −3.70 −0.99 −0.86 −1.32

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.26Total debt1.44Net cash (debt)−0.17Shareholders’ equity0.48Debt to equity3.01Fiscal year 2017Cash1.19Total debt1.33Net cash (debt)−0.14Shareholders’ equity0.60Debt to equity2.22Fiscal year 2018Cash1.08Total debt1.11Net cash (debt)−0.04Shareholders’ equity1.27Debt to equity0.88Fiscal year 2019Cash1.47Total debt0.49Net cash (debt)0.98Shareholders’ equity2.83Debt to equity0.17Fiscal year 2020Cash1.60Total debt0.33Net cash (debt)1.27Shareholders’ equity5.84Debt to equity0.06Fiscal year 2021Cash2.54Total debt0.00Net cash (debt)2.53Shareholders’ equity7.50Debt to equity0.00Fiscal year 2022Cash4.84Total debt2.47Net cash (debt)2.37Shareholders’ equity54.75Debt to equity0.05Fiscal year 2023Cash3.93Total debt2.47Net cash (debt)1.47Shareholders’ equity55.89Debt to equity0.04Fiscal year 2024Cash3.79Total debt1.72Net cash (debt)2.07Shareholders’ equity57.57Debt to equity0.03Fiscal year 2025Cash5.54Total debt3.22Net cash (debt)2.32Shareholders’ equity63.00Debt to equity0.05
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.26 1.19 1.08 1.47 1.60 2.54 4.84 3.93 3.79 5.54
Total debt 1.44 1.33 1.11 0.49 0.33 0.00 2.47 2.47 1.72 3.22
Net cash (debt) −0.17 −0.14 −0.04 0.98 1.27 2.53 2.37 1.47 2.07 2.32
Shareholders’ equity 0.48 0.60 1.27 2.83 5.84 7.50 54.75 55.89 57.57 63.00
Debt to equity 3.01 2.22 0.88 0.17 0.06 0.00 0.05 0.04 0.03 0.05

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2018 29 Dec 2018 FY2019 28 Dec 2019 FY2020 26 Dec 2020 FY2021 25 Dec 2021 FY2022 31 Dec 2022 FY2023 30 Dec 2023 FY2024 28 Dec 2024 FY2025 27 Dec 2025
Revenue and profit
4.32 5.25 6.48 6.73 9.76 16.43 23.60 22.68 25.79 34.64
Growth +21.6% +23.3% +4.0% +45.0% +68.3% +43.6% −3.9% +13.7% +34.3%
3.32 3.47 4.03 3.86 5.42 8.51 13.00 12.22 13.06 17.49
1.00 1.79 2.45 2.87 4.35 7.93 10.60 10.46 12.73 17.15
Growth +78.2% +36.9% +17.2% +51.6% +82.4% +33.7% −1.3% +21.7% +34.8%
1.01 1.20 1.43 1.55 1.98 2.85 5.01 5.87 6.46 8.09
0.47 0.52 0.56 0.75 1.00 1.45 2.34 2.32 2.74 4.14
−0.37 0.13 0.45 0.63 1.37 3.65 1.26 0.40 1.90 3.69
Growth +255.1% +39.9% +117.0% +166.5% −65.4% −68.3% +373.8% +94.4%
−0.46 −0.02 0.33 0.37 1.28 3.68 1.20 0.51 2.02 4.17
0.04 0.02 −0.01 0.03 −1.21 0.51 −0.12 −0.35 0.38 −0.10
−0.50 −0.03 0.34 0.34 2.49 3.16 1.32 0.85 1.64 4.34
Growth +1.2% +630.2% +27.0% −58.3% −35.3% +92.2% +164.2%
Per share
−0.60 −0.03 0.34 0.31 2.10 2.61 0.85 0.53 1.01 2.67
−0.60 −0.03 0.32 0.30 2.06 2.57 0.84 0.53 1.00 2.65
Growth −6.3% +586.7% +24.8% −67.3% −36.9% +88.7% +165.0%
835.0 952.0 982.0 1,091 1,184 1,213 1,561 1,614 1,620 1,624
835.0 952.0 1,064 1,120 1,207 1,229 1,571 1,625 1,637 1,636
Growth +14.0% +11.8% +5.3% +7.8% +1.8% +27.8% +3.4% +0.7% −0.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 28.8% a year over five years, and earnings per share grew 5.2% a year.
  • The diluted share count rose 35.5% in five years, which is dilution.
  • Operating margin is down 3.4 points on five years ago, at 10.7%.
  • A net loss in 2 of 10 years on file.