Advanced Micro Devices Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 27, 2025 · FY), Advanced Micro Devices Inc. reported revenue of $34.6B (+34.3% year on year) and net income of $4.3B (+164.2% year on year).
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net revenue | $34.6B | $25.8B | $22.7B | $23.6B |
| Cost of sales | $16.5B | $12.1B | $11.3B | $11.6B |
| Amortization of acquisition-related intangibles- COGS | $1.0B | — | — | — |
| Total cost of sales | $17.5B | $13.1B | $12.2B | $13.0B |
| Gross profit | $17.2B | $12.7B | $10.5B | $10.6B |
| Research and development | $8.1B | $6.5B | $5.9B | $5.0B |
| Marketing, general and administrative | $4.1B | $2.8B | $2.4B | $2.3B |
| Amortization of acquisition-related intangibles | $1.2B | $1.4B | $942.0M | $1.4B |
| Restructuring charges | $0 | $186.0M | — | — |
| Total operating expenses | $13.5B | — | — | — |
| Operating income | $3.7B | $1.9B | $401.0M | $1.3B |
| Interest expense | ($131.0M) | ($92.0M) | ($106.0M) | ($88.0M) |
| Other income (expense), net | $577.0M | $181.0M | $197.0M | $8.0M |
| Income from continuing operations before income taxes and equity income | $4.1B | $2.0B | $492.0M | $1.2B |
| Income tax provision (benefit) | ($103.0M) | $381.0M | ($346.0M) | ($122.0M) |
| Equity income in investee | $26.0M | $33.0M | $16.0M | $14.0M |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $4.3B | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $66.0M | — | — | — |
| Net income | $4.3B | $1.6B | $854.0M | $1.3B |
| Income (Loss) from Continuing Operations, Per Basic Share | $2.63 | — | — | — |
| Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share | $0.04 | — | — | — |
| Basic (in usd per share) | $2.67 | $1.01 | $0.53 | $0.85 |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2.61 | — | — | — |
| Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share | $0.04 | — | — | — |
| Diluted (in usd per share) | $2.65 | $1.00 | $0.53 | $0.84 |
| Basic (in shares) | 1.6B | 1.6B | 1.6B | 1.6B |
| Diluted (in shares) | 1.6B | 1.6B | 1.6B | 1.6B |
| Line item | Jun 27, 2026 · Q2 | Mar 28, 2026 · Q1 | Sep 27, 2025 · Q3 | Jun 28, 2025 · Q2 |
|---|---|---|---|---|
| Net revenue | $11.5B | $10.3B | $9.2B | $7.7B |
| Cost of sales | $5.1B | $4.6B | $4.2B | $4.4B |
| Amortization of acquisition-related intangibles | $260.0M | $261.0M | $260.0M | $260.0M |
| Total cost of sales | $5.3B | $4.8B | $4.5B | $4.6B |
| Gross profit | $6.2B | $5.4B | $4.8B | $3.1B |
| Research and development | $2.5B | $2.4B | $2.1B | $1.9B |
| Marketing, general and administrative | $1.4B | $1.3B | $1.1B | $991.0M |
| Amortization of acquisition-related intangibles | $284.0M | $290.0M | $302.0M | $308.0M |
| Total operating expenses | $4.2B | $3.9B | $3.5B | $3.2B |
| Operating Income (Loss), Total | $2.0B | $1.5B | $1.3B | ($134.0M) |
| Interest expense | ($37.0M) | ($37.0M) | ($37.0M) | ($38.0M) |
| Other income (expense), net | $598.0M | $165.0M | $82.0M | $98.0M |
| Income (loss) from continuing operations before income taxes and equity income | $2.6B | $1.6B | $1.3B | ($74.0M) |
| Income tax provision (benefit) | $252.0M | $238.0M | $153.0M | ($834.0M) |
| Equity income in investee | $6.0M | $6.0M | $10.0M | $8.0M |
| Income from continuing operations, net of tax | $2.3B | $1.4B | $1.2B | $768.0M |
| Income (loss) from discontinued operations, net of tax | ($8.0M) | $11.0M | $71.0M | $104.0M |
| Net income | $2.3B | $1.4B | $1.2B | $872.0M |
| Basic earnings from continuing operations | $1.41 | $0.84 | $0.72 | $0.47 |
| Basic earnings (loss) from discontinued operations | ($0.01) | $0.01 | $0.04 | $0.07 |
| Basic earnings per share | $1.40 | $0.85 | $0.76 | $0.54 |
| Diluted earnings from continuing operations | $1.39 | $0.83 | $0.71 | $0.47 |
| Diluted earnings (loss) from discontinued operations | ($0.01) | $0.01 | $0.04 | $0.07 |
| Diluted earnings per share | $1.38 | $0.84 | $0.75 | $0.54 |
| Basic | 1.6B | 1.6B | 1.6B | 1.6B |
| Diluted | 1.7B | 1.6B | 1.6B | 1.6B |
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $5.5B | $3.8B | $3.9B | $4.8B |
| Short-term investments | $5.0B | $1.3B | $1.8B | $1.0B |
| Accounts receivable, net | $6.3B | $6.2B | $5.4B | $4.1B |
| Inventories | $7.9B | $5.7B | $4.4B | $3.8B |
| Prepaid expenses and other current assets | $2.2B | $1.9B | $1.3B | $1.3B |
| Total current assets | $26.9B | $19.0B | $16.8B | $15.0B |
| Property and equipment, net | $2.3B | $1.8B | $1.6B | $1.5B |
| Goodwill | $25.1B | $24.8B | $24.3B | $24.2B |
| Acquisition-related intangibles, net | $16.7B | $18.9B | $21.4B | $24.1B |
| Deferred tax assets, net | $384.0M | $688.0M | $366.0M | $58.0M |
| Other non-current assets | $5.5B | $3.1B | $2.8B | $2.2B |
| Total assets | $76.9B | $69.2B | $67.9B | $67.6B |
| Accounts payable | $2.9B | $2.0B | $2.1B | $2.5B |
| Accrued liabilities | $5.3B | $4.3B | $3.1B | $3.1B |
| Current portion of long-term debt, net | $874.0M | $0 | $751.0M | $0 |
| Other current liabilities | $402.0M | $555.0M | $438.0M | $336.0M |
| Total current liabilities | $9.5B | $7.3B | $6.7B | $6.4B |
| Long-term debt, net of current portion | $2.3B | $1.7B | $1.7B | $2.5B |
| Long-term operating lease liabilities | $625.0M | $491.0M | $535.0M | $396.0M |
| Deferred tax liabilities | $313.0M | $349.0M | $1.2B | $1.9B |
| Other long-term liabilities | $1.2B | $1.8B | $1.9B | $1.7B |
| Common Stock, Value, Issued | $17.0M | $17.0M | $17.0M | $16.0M |
| Additional paid-in capital | $63.4B | $61.4B | $59.7B | $58.0B |
| Treasury Stock, Value | ($7.1B) | ($6.1B) | ($4.5B) | ($3.1B) |
| Retained earnings | $6.7B | $2.4B | $723.0M | ($131.0M) |
| Accumulated other comprehensive loss | ($3.0M) | ($69.0M) | ($10.0M) | ($41.0M) |
| Total stockholders’ equity | $63.0B | $57.6B | $55.9B | $54.8B |
| Total liabilities and stockholders’ equity | $76.9B | $69.2B | $67.9B | $67.6B |
| Line item | Jun 27, 2026 | Mar 28, 2026 | Sep 27, 2025 | Jun 28, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $5.1B | $5.6B | $4.8B | $4.4B |
| Short-term investments | $8.0B | $6.8B | $2.4B | $1.4B |
| Accounts receivable, net | $7.3B | $6.0B | $6.2B | $5.1B |
| Inventories | $8.5B | $8.0B | $7.3B | $6.7B |
| Prepaid expenses and other current assets | $2.7B | $2.2B | $2.3B | $2.5B |
| Total current assets | $31.5B | $28.6B | $27.0B | $24.5B |
| Property and equipment, net | $3.4B | $2.7B | $2.2B | $2.1B |
| Goodwill | $25.5B | $25.3B | $25.1B | $25.1B |
| Acquisition-related intangibles, net | $15.6B | $16.2B | $17.3B | $17.8B |
| Deferred tax assets | $494.0M | $476.0M | $633.0M | $860.0M |
| Other non-current assets | $7.9B | $6.3B | $4.7B | $4.4B |
| Total assets | $84.5B | $79.6B | $76.9B | $74.8B |
| Accounts payable | $5.4B | $3.0B | $3.5B | $3.1B |
| Accrued liabilities | $5.5B | $5.8B | $5.1B | $4.5B |
| Current portion of long-term debt, net | $875.0M | $874.0M | $873.0M | — |
| Other current liabilities | $301.0M | $850.0M | $324.0M | $316.0M |
| Total current liabilities | $12.1B | $10.5B | $11.7B | $9.8B |
| Long-term debt, net | $2.4B | $2.4B | $2.3B | $3.2B |
| Long-term operating lease liabilities | $1.1B | $647.0M | $650.0M | $668.0M |
| Deferred tax liabilities | $300.0M | $307.0M | $326.0M | $341.0M |
| Other long-term liabilities | $1.5B | $1.4B | $1.1B | $1.1B |
| Common stock, par value $0.01; shares authorized: 4,000; shares issued: 1,632 and 1,695; shares outstanding: 1,632 and 1,630 | 16.0M | 17.0M | 17.0M | 17.0M |
| Additional paid-in capital | $61.4B | $63.9B | $62.7B | $62.2B |
| Treasury stock, at cost (shares held: — and 65) | 0 | -7.4B | -7.1B | -6.5B |
| Retained earnings | $5.9B | $8.1B | $5.2B | $3.9B |
| Accumulated other comprehensive loss | ($74.0M) | ($72.0M) | ($13.0M) | $10.0M |
| Total stockholders’ equity | $67.2B | $64.5B | $60.8B | $59.7B |
| Total liabilities and stockholders’ equity | $84.5B | $79.6B | $76.9B | $74.8B |
| Common stock, authorized (in shares) | 4.0B | — | — | — |
| Common stock, par value (in dollars per share) | $0.01 | — | — | — |
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $4.3B | $1.6B | $854.0M | $1.3B |
| Income from discontinued operations, net of tax | ($66.0M) | — | — | — |
| Depreciation and amortization | $750.0M | $671.0M | $3.5B | $4.2B |
| Amortization | $2.3B | $2.4B | — | — |
| Stock-based compensation | $1.6B | $1.4B | $1.4B | $1.1B |
| (Gains) losses on long-term investments, net | ($341.0M) | — | — | — |
| Deferred income taxes | $248.0M | ($1.2B) | ($1.0B) | ($1.5B) |
| Inventory loss at (recovery from) contract manufacturer | ($67.0M) | — | — | — |
| Other | $120.0M | $12.0M | ($67.0M) | ($14.0M) |
| Accounts receivable, net | ($121.0M) | ($1.9B) | ($1.3B) | ($1.1B) |
| Inventories | ($2.2B) | ($1.5B) | ($580.0M) | ($1.4B) |
| Prepaid expenses and other assets | ($11.0M) | $343.0M | ($472.0M) | ($1.2B) |
| Accounts payable | $410.0M | ($109.0M) | ($419.0M) | $931.0M |
| Accrued and other liabilities | ($467.0M) | $883.0M | ($221.0M) | $546.0M |
| Cash Provided by (Used in) Operating Activity, Continuing Operation | $6.5B | — | — | — |
| Cash Provided by (Used in) Operating Activity, Discontinued Operation | $1.2B | — | — | — |
| Cash Provided by (Used in) Operating Activity, Including Discontinued Operation, Total | $7.7B | $3.0B | $1.7B | $3.6B |
| Purchases of property and equipment | ($974.0M) | ($636.0M) | ($546.0M) | ($450.0M) |
| Purchases of short-term investments | ($5.5B) | ($1.5B) | ($3.7B) | ($2.7B) |
| Proceeds from Maturities, Prepayments and Calls of Short-Term Investments | $1.8B | $1.4B | $2.7B | — |
| Proceeds from Sale of Short-Term Investments | $80.0M | $616.0M | $300.0M | — |
| Acquisitions, net of cash acquired, all others | ($1.8B) | ($548.0M) | $131.0M | — |
| Related party loan and equity method investment | $0 | ($17.0M) | — | — |
| Purchases of long-term investments | ($502.0M) | ($341.0M) | — | — |
| Other | $10.0M | $2.0M | ($11.0M) | ($16.0M) |
| Cash Provided by (Used in) Investing Activity, Continuing Operation | ($6.9B) | — | — | — |
| Proceeds from Divestiture of Businesses, Net of Cash Divested | $1.4B | — | — | — |
| Payments for (Proceeds from) Productive Assets | ($38.0M) | — | — | — |
| Cash Provided by (Used in) Investing Activity, Discontinued Operation | $1.3B | — | — | — |
| Net cash used in investing activities | ($5.5B) | ($1.1B) | $1.4B | $2.0B |
| Proceeds from debt and commercial paper issuance, net of issuance costs | $2.4B | $0 | $0 | $991.0M |
| Repayment of debt and commercial paper | ($950.0M) | ($750.0M) | $0 | ($312.0M) |
| Proceeds from sales of common stock through employee equity plans | 285.0M | 279.0M | 268.0M | 167.0M |
| Repurchases of common stock | ($1.3B) | ($862.0M) | ($985.0M) | ($3.7B) |
| Stock repurchases for tax withholding on employee equity plans | ($607.0M) | ($728.0M) | ($427.0M) | ($406.0M) |
| Settlement of contingent consideration liability | ($284.0M) | — | — | — |
| Other | $0 | ($1.0M) | $2.0M | $2.0M |
| Net cash used in financing activities | ($431.0M) | ($2.1B) | $1.1B | ($3.3B) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $1.7B | ($122.0M) | ($902.0M) | $2.3B |
| Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation | $5.6B | — | — | — |
| Cash, cash equivalents and restricted cash at beginning of year | $3.8B | $3.9B | $4.8B | $2.5B |
| Cash, cash equivalents and restricted cash at end of year | $5.6B | $3.8B | — | — |
| Interest | $91.0M | $72.0M | $84.0M | $85.0M |
| Income taxes, net of refund | $884.0M | $1.4B | $523.0M | $685.0M |
| Purchases of property and equipment, accrued but not paid | $129.0M | $144.0M | $106.0M | $157.0M |
| Line item | Jun 27, 2026 · YTD | Mar 28, 2026 · Q1 | Sep 27, 2025 · YTD | Jun 28, 2025 · YTD |
|---|---|---|---|---|
| Net income | $3.7B | $1.4B | $2.8B | $1.6B |
| Income from discontinued operations, net of tax | ($3.0M) | ($11.0M) | ($175.0M) | ($104.0M) |
| Depreciation and amortization | $427.0M | $206.0M | $556.0M | $364.0M |
| Amortization of acquisition-related intangibles | $1.1B | $551.0M | $1.7B | $1.1B |
| Stock-based compensation | $990.0M | $487.0M | $1.2B | $733.0M |
| Deferred Income Taxes and Tax Credits | ($106.0M) | ($79.0M) | $18.0M | ($200.0M) |
| (Gains) losses on long-term investmetns, net | ($549.0M) | ($66.0M) | — | — |
| Other | $61.0M | $28.0M | $29.0M | $29.0M |
| Accounts receivable, net | ($966.0M) | $280.0M | ($7.0M) | $1.1B |
| Inventories | ($548.0M) | ($125.0M) | ($1.6B) | ($943.0M) |
| Prepaid expenses and other assets | ($991.0M) | ($308.0M) | ($259.0M) | ($377.0M) |
| Accounts payable | $2.2B | ($104.0M) | $998.0M | $547.0M |
| Accrued and other liabilities | $61.0M | $713.0M | ($145.0M) | ($589.0M) |
| Cash Provided by (Used in) Operating Activity, Continuing Operation, Total | $5.3B | — | $4.2B | $2.4B |
| Cash Provided by (Used in) Operating Activity, Discontinued Operation | $0 | — | $920.0M | $549.0M |
| Net cash provided by operating activities of continuing operations | $5.3B | $3.0B | $5.1B | $3.0B |
| Purchases of property and equipment | ($1.2B) | ($389.0M) | ($752.0M) | ($494.0M) |
| Purchases of short-term investments | ($4.6B) | ($2.5B) | ($2.1B) | ($796.0M) |
| Proceeds from maturity of short-term investments | $1.3B | $652.0M | $982.0M | $683.0M |
| Proceeds from sale of short-term investments | $286.0M | $126.0M | $66.0M | $48.0M |
| Purchases of long-term investments | ($844.0M) | ($409.0M) | ($432.0M) | ($358.0M) |
| Acquisitions, net of cash acquired | ($129.0M) | — | ($1.7B) | ($1.7B) |
| Net cash used in investing activities of continuing operations | ($5.2B) | — | ($4.0B) | ($2.6B) |
| Payment for working capital adjustment on divestiture | ($243.0M) | — | — | — |
| Net cash used in investing activities of discontinued operations | ($243.0M) | — | ($30.0M) | ($22.0M) |
| Net cash used in investing activities | ($5.4B) | ($2.6B) | ($4.0B) | ($2.7B) |
| Proceeds from debt and commercial paper issuance, net of issuance costs | $0 | $0 | $2.4B | $2.4B |
| Repayments of Commercial Paper | $0 | — | ($950.0M) | ($950.0M) |
| Proceeds from sales of common stock through employee equity plans | 205.0M | 5.0M | 169.0M | 159.0M |
| Repurchases of common stock | ($221.0M) | ($221.0M) | ($1.3B) | ($1.2B) |
| Stock repurchases for tax withholding on employee equity plans | ($341.0M) | ($134.0M) | ($447.0M) | ($76.0M) |
| Proceeds from (Payment for) Other Financing Activity | ($8.0M) | — | $0 | $0 |
| Net cash provided by (used in) financing activities of continuing operations | ($365.0M) | ($350.0M) | ($103.0M) | $347.0M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($459.0M) | $40.0M | $1.0B | $642.0M |
| Income Tax Paid, after Refund Received | $777.0M | $30.0M | $818.0M | $760.0M |
| Purchases of property and equipment, accrued but not paid | $421.0M | $329.0M | $153.0M | $333.0M |
| Stock Issued During Period, Value, Treasury Stock Reissued | $0 | — | $860.0M | $860.0M |
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $514.0M | — | — | — |
| Cash and cash equivalents | $5.1B | $5.6B | $4.8B | $4.4B |
| Restricted cash included in Prepaid expenses and other current assets | $11.0M | $11.0M | $17.0M | $11.0M |
| Cash, cash equivalents and restricted cash at end of period | $5.1B | $5.6B | $4.8B | $4.5B |
Advanced Micro Devices Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.