Advanced Micro Devices Inc.
Revenue
$9B
Net Income
$1B
Advanced Micro Devices Inc.
Revenue
$9B
Net Income
$1B
Advanced Micro Devices Inc.
CIK: 0000002488
Earnings Analysis
Analyzed 9 of 12 reports
Performance Summary - Q3 2025bullishraised
Financial Performance Trend
Overall Analysis & Outlook
Over the past 5 quarters, Advanced Micro Devices Inc. has been consistently bullish with stable guidance. Revenue has grown 72.7% during this period. The latest quarter shows bullish sentiment with confident tone from management.
Latest Quarter Highlights:
AMD delivered strong Q3 performance with 36% revenue growth and robust demand across data center, client, and gaming segments. AI investments and strategic acquisitions are driving momentum, despite export restrictions on certain GPU products.
Detailed Quarterly Reports
In-depth analysis of each quarter's earnings filing
Q3 2025
10-Q • Filed 11/5/2025
Summary
AMD delivered strong Q3 performance with 36% revenue growth and robust demand across data center, client, and gaming segments. AI investments and strategic acquisitions are driving momentum, despite export restrictions on certain GPU products.
Revenue
$9.25B
Net Income
$1.24B
Guidance
Tone
Capex
$752M
Partnerships
Key Quotes
"We expect that international sales will continue to be a significant portion of total sales"
"The acquisition of ZT Systems is expected to enable AMD to deliver end-to-end AI solutions"
Q2 2025
10-Q • Filed 8/6/2025
Summary
AMD saw a 32% revenue increase driven by strong Client and Gaming segment performance and EPYC CPU sales. However, export controls and inventory charges impacted Data Center segment profitability.
Revenue
$7.68B
Net Income
$872M
Guidance
Tone
Capex
$494M
Partnerships
Key Quotes
"We expect that international sales will continue to be a significant portion of total sales"
"The acquisition of ZT Systems is expected to enable AMD to deliver end-to-end AI solutions"
Q1 2025
10-Q • Filed 5/7/2025
Summary
AMD delivered strong Q1 2025 results with 36% revenue growth driven by data center and client segments. Net income rose to $709 million, supported by AI and Ryzen processor demand. Company completed ZT Systems acquisition to accelerate AI infrastructure capabilities.
Revenue
$7.44B
Net Income
$709M
Guidance
Tone
Capex
$212M
Partnerships
Key Quotes
"The increase in net revenue was driven by an increase in Data Center segment revenue primarily driven by growth in AMD EPYC CPU and AMD Instinct GPU sales"
"We completed the acquisition of ZT Systems to help accelerate the end-to-end design and deployment of AMD-powered AI infrastructure at scale for the cloud"
Q2 2024
10-Q • Filed 7/31/2024
Summary
AMD delivered strong Q2 2024 results with 9% revenue growth driven by Data Center and Client segments. AI GPU shipments and EPYC CPU sales were key growth drivers, with gross margins expanding to 49%. The company continues to invest strategically in AI technologies.
Revenue
$5.83B
Net Income
$265M
Guidance
Tone
Capex
$296M
Partnerships
Key Quotes
"The increase in net revenue was driven by an increase in Data Center segment revenue primarily driven by the steep ramp of AMD Instinct™ GPU shipments and strong growth in 4th Gen AMD EPYC™ CPU sales"
"We believe our cash, cash equivalents, short-term investments and cash flows from operations along with our revolving credit facility and commercial paper program will be sufficient to fund operations"
Q1 2024
10-Q • Filed 5/1/2024
Summary
AMD delivered strong Q1 performance with revenue growth driven by Data Center and Client segments, particularly AI and processor sales. The company showed improved profitability and continues to invest in AI technologies.
Revenue
$5.47B
Net Income
$123M
Guidance
Tone
Capex
$142M
Key Quotes
"We experienced significant demand for our AI accelerators"
"Higher Data Center and Client segments revenue drove increased operating and net income"
Q4 2023
10-K • Filed 1/31/2024
Summary
AMD delivered $22.7 billion in revenue for 2023, with strong growth in Data Center and AI-related products despite a challenging PC market. The company made significant investments in AI hardware and software capabilities.
Revenue
$6.17B
Net Income
$667M
Guidance
Tone
Partnerships
Key Quotes
"Our AI strategy is focused on delivering a broad portfolio of leadership CPUs, GPUs and adaptive computing solutions for AI"
"We expanded our AI software capabilities with strategic acquisitions during the year"
Q3 2023
10-Q • Filed 11/1/2023
Summary
AMD's Q3 2023 results showed modest growth with a 4% revenue increase to $5.8 billion, driven by improved PC market conditions and Ryzen mobile processor sales. The company continues to invest heavily in AI and sees potential for future expansion.
Revenue
$5.80B
Net Income
$299M
Guidance
Tone
Capex
$407M
Key Quotes
"Higher sales of EPYC processors was offset by lower sales of adaptive SoC data center products."
"Increase in operating income was primarily driven by higher revenue and lower operating expenses."
Q2 2023
10-Q • Filed 8/2/2023
Summary
AMD experienced a challenging quarter with an 18% revenue decline, primarily driven by a weaker PC market and significant inventory correction. The Client segment was particularly impacted, with processor shipments dropping significantly despite efforts to introduce new product lines across gaming, embedded, and professional markets.
Revenue
$5.36B
Net Income
$27M
Guidance
Tone
Capex
$283M
Key Quotes
"The decrease in net revenue was driven mainly by a 54% decrease in Client segment revenue primarily due to lower processor shipments resulting from a weaker PC market"
"We expect that international sales will continue to be a significant portion of total sales in the foreseeable future"
Q1 2023
10-Q • Filed 5/3/2023
Summary
AMD experienced a challenging Q1 2023 with a 9% revenue decline, driven by weak Client segment performance and lower gaming graphics sales. The company reported a net loss of $139 million, compared to a net income of $786 million in the same quarter last year.
Revenue
$5.35B
Net Income
$-139M
Guidance
Tone
Capex
$158M
Key Quotes
"We expect that international sales will continue to be a significant portion of total sales in the foreseeable future."
"Our revenue from our semi-custom System-on-Chip (SoC) products is dependent upon our semi-custom SoC products being incorporated into customers' products and the success of those products."
Sector Comparison
How AMD performs vs Technology sector and Semiconductors peers