Advanced Micro Devices, Inc income statement AMD

Annual Quarterly

In fiscal 2025, which ended Dec 27, 2025, Advanced Micro Devices, Inc reported revenue of $34.6 billion, up 34.3% from the year before. Net income was $4.3 billion, a profit margin of 12.5%. Operating income came to $3.7 billion, an operating margin of 10.7%. Diluted earnings per share were $2.65. Over the twelve months ended Sep 26, 2026, revenue was $45.4 billion and net income was $7.6 billion. Across the 10 fiscal years shown, revenue grew from $4.3 billion in fiscal 2016 to $34.6 billion in fiscal 2025, about 26.2% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 26, 2026	FY 2025 Dec 27, 2025	FY 2024 Dec 28, 2024	FY 2023 Dec 30, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 25, 2021	FY 2020 Dec 26, 2020	FY 2019 Dec 28, 2019	FY 2018 Dec 29, 2018	FY 2017 Dec 30, 2017	FY 2016 Dec 31, 2016
Revenue	45,436 +41.9%	34,639 +34.3%	25,785 +13.7%	22,680 -3.9%	23,601 +43.6%	16,434 +68.3%	9,763 +45.0%	6,731 +4.0%	6,475 +21.5%	5,329 +24.7%	4,272 +7.0%
Cost of revenue	21,030 +26.9%	17,487 +33.9%	13,060 +6.9%	12,220 -6.0%	12,998 +52.8%	8,505 +57.0%	5,416 +40.2%	3,863 -4.1%	4,028 +14.9%	3,506 +7.1%	3,274 +12.5%
Gross profit	24,406 +57.9%	17,152 +34.8%	12,725 +21.7%	10,460 -1.3%	10,603 +33.7%	7,929 +82.4%	4,347 +51.6%	2,868 +17.2%	2,447 +36.9%	1,787 +78.2%	1,003 -7.1%
Research and development	10,058 +34.6%	8,091 +25.3%	6,456 +9.9%	5,872 +17.3%	5,005 +75.9%	2,845 +43.5%	1,983 +28.2%	1,547 +7.9%	1,434 +19.9%	1,196 +18.7%	1,008 +6.4%
Selling, general and administrative	5,150 +38.2%	4,144 +51.5%	2,735 +18.0%	2,318 -0.8%	2,336 +61.3%	1,448 +45.5%	995 +32.7%	750 +33.5%	562 +8.9%	516 +10.7%	466 -3.3%
Restructuring and impairment	—	0 -100.0%	186	—	—	—	—	—	—	0	—
Operating income	8,050 +186.2%	3,694 +94.4%	1,900 +373.8%	401 -68.3%	1,264 -65.4%	3,648 +166.5%	1,369 +117.0%	631 +39.9%	451 +255.1%	127 +134.0%	-373 +22.5%
Interest expense	172 +50.9%	131 +42.4%	92 -13.2%	106 +20.5%	88 +158.8%	34 -27.7%	47 -50.0%	94 -22.3%	121 -4.0%	126 -19.2%	156 -2.5%
Other non-operating income (expense)	586 +1623.5%	577 +218.8%	181 -8.1%	197 +2362.5%	8 -85.5%	55 +217.0%	-47 +71.5%	-165	0 +100.0%	-9 -111.2%	80 +1700.0%
Equity in earnings of affiliates	18 -51.4%	26 -21.2%	33 +106.2%	16 +14.3%	14 +133.3%	6 +20.0%	5	0 +100.0%	-2 +71.4%	-7 +30.0%	-10 -102.0%
Pretax income	8,123 +171.9%	4,166 +106.0%	2,022 +298.0%	508 -57.6%	1,198 -67.4%	3,675 +187.1%	1,280 +244.1%	372 +13.4%	328 +2286.7%	-15 +96.7%	-459 +28.9%
Income tax	390 +380.6%	-103 -127.0%	381 +210.1%	-346 -183.6%	-122 -123.8%	513 +142.4%	-1,210 -4003.2%	31 +444.4%	-9 -150.0%	18 -53.8%	39 +178.6%
Net income	7,619 +130.5%	4,335 +164.2%	1,641 +92.2%	854 -35.3%	1,320 -58.3%	3,162 +27.0%	2,490 +630.2%	341 +1.2%	337 +1121.2%	-33 +93.4%	-498 +24.5%
Basic EPS	4.67 +129.3%	2.67 +164.4%	1.01 +90.6%	0.53 -37.6%	0.85 -67.4%	2.61 +24.3%	2.10 +577.4%	0.31 -8.8%	0.34 +1233.3%	-0.03 +95.0%	-0.60 +28.6%
Diluted EPS	4.60 +127.4%	2.65 +165.0%	1.00 +88.7%	0.53 -36.9%	0.84 -67.3%	2.57 +24.8%	2.06 +586.7%	0.30 -6.3%	0.32 +1166.7%	-0.03 +95.0%	-0.60 +28.6%
Weighted average shares, basic	1,631 +0.5%	1,624 +0.2%	1,620 +0.4%	1,614 +3.4%	1,561 +28.7%	1,213 +2.4%	1,184 +8.5%	1,091 +11.1%	982 +3.2%	952 +14.0%	835 +6.6%
Weighted average shares, diluted	1,655 +1.4%	1,636 -0.1%	1,637 +0.7%	1,625 +3.4%	1,571 +27.8%	1,229 +1.8%	1,207 +7.8%	1,120 +5.3%	1,064 +11.8%	952 +14.0%	835 +6.6%
Other measures
Depreciation and amortization	—	521 +14.8%	454 +2.9%	441 +0.5%	439 +48.3%	296 +36.4%	217 +52.8%	142 +51.1%	94 +22.1%	77 +8.5%	71 -24.5%
EBITDA	—	4,215 +79.1%	2,354 +179.6%	842 -50.6%	1,703 -56.8%	3,944 +148.7%	1,586 +105.2%	773 +41.8%	545 +167.2%	204 +167.5%	-302 +22.0%
Interest coverage	46.80x	28.20x	20.65x	3.78x	14.36x	107.29x	29.13x	6.71x	3.73x	1.01x	-2.39x
Margins
Gross margin	53.72%	49.52%	49.35%	46.12%	44.93%	48.25%	44.53%	42.61%	37.79%	33.53%	23.48%
Operating margin	17.72%	10.66%	7.37%	1.77%	5.36%	22.20%	14.02%	9.37%	6.97%	2.38%	-8.73%
Pretax margin	17.88%	12.03%	7.84%	2.24%	5.08%	22.36%	13.11%	5.53%	5.07%	-0.28%	-10.74%
Profit margin	16.77%	12.51%	6.36%	3.77%	5.59%	19.24%	25.50%	5.07%	5.20%	-0.62%	-11.66%
EBITDA margin	—	12.17%	9.13%	3.71%	7.22%	24.00%	16.25%	11.48%	8.42%	3.83%	-7.07%
Effective tax rate	4.80%	-2.47%	18.84%	-68.11%	-10.18%	13.96%	-94.53%	8.33%	-2.74%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Semiconductors & Related Devices (SIC 3674)
Listed as: AMD (Nasdaq)
Fiscal year ends: December 26
Incorporated in: DE
Headquarters: Santa Clara, CA
SEC filer status: Large accelerated filer
SEC CIK: 2488

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.