Advanced Micro Devices, Inc. operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded. The company offers artificial intelligence (AI) accelerators, microprocessors, and graphics processing units (GPUs) as standalone devices or as incorporated into accelerated processing units, chipsets, and data center and professional GPUs; and embedded processors and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing units, field programmable gate arrays (FPGA), system on modules, AI network interface cards, and adaptive SoC products. It provides processors under the AMD Ryzen, AMD Ryzen AI, AMD Ryzen PRO, AMD Ryzen Threadripper, AMD Ryzen Threadripper PRO, AMD Athlon, and AMD PRO A-Series brands; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; professional graphics under the AMD Radeon Pro graphics brand; and AI and general-purpose compute infrastructure for hyperscale providers. The company offers data center graphics under the AMD Instinct accelerators and Radeon PRO V-series brands; server microprocessors under the AMD EPYC brand; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, and AMD R-Series and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo and Pensando brands. It serves original equipment and design manufacturers, public cloud service providers, system integrators, distributors, and add-in-board manufacturers. The company was incorporated in 1969 and is headquartered in Santa Clara, California.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $34.6B | $7.3B | $4.3B | $6.7B | 6.9% | 34.3% | 164.2% |
| 2024 | $25.8B | $5.1B | $1.6B | $2.4B | 2.9% | 13.7% | 92.2% |
| 2023 | $22.7B | $4.1B | $854M | $1.1B | 1.5% | -3.9% | -35.3% |
| 2022 | $23.6B | $5.5B | $1.3B | $3.1B | 2.4% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 23,601 | 22,680 | 25,785 | 34,639 |
| Operating Revenue | - | 23,601 | 22,680 | 25,785 | 34,639 |
| Cost Of Revenue | - | 12,998 | 12,220 | 13,060 | 17,487 |
| Gross Profit | - | 10,603 | 10,460 | 12,725 | 17,152 |
| Operating Expense | - | 9,339 | 10,059 | 10,639 | 13,458 |
| Research And Development | - | 5,005 | 5,872 | 6,456 | 8,091 |
| Selling General And Administration | - | 2,336 | 2,318 | 2,735 | 4,144 |
| Total Expenses | - | 22,337 | 22,279 | 23,699 | 30,945 |
| Operating Income | - | 1,264 | 401 | 2,086 | 3,694 |
| Total Operating Income As Reported | - | 1,264 | 401 | 1,900 | 3,694 |
| EBITDA | - | 5,534 | 4,051 | 5,145 | 7,275 |
| Normalized EBITDA | - | 5,534 | 4,050 | 5,333 | 6,909 |
| EBIT | - | 1,272 | 598 | 2,081 | 4,271 |
| Interest Income | - | 65 | 206 | 182 | 215 |
| Interest Expense | - | 88 | 106 | 92 | 131 |
| Net Interest Income | - | -23 | 100 | 90 | 84 |
| Other Non Operating Income Expenses | - | 5 | -10 | 1 | -4 |
| Other Income Expense | - | -57 | -9 | -187 | 362 |
| Interest Income Non Operating | - | 65 | 206 | 182 | 215 |
| Interest Expense Non Operating | - | 88 | 106 | 92 | 131 |
| Net Non Operating Interest Income Expense | - | -23 | 100 | 90 | 84 |
| Pretax Income | - | 1,184 | 492 | 1,989 | 4,140 |
| Tax Provision | - | -122 | -346 | 381 | -103 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0.21 | -35.72 | 76.86 |
| Net Income Continuous Operations | - | 1,320 | 854 | 1,641 | 4,269 |
| Net Income From Continuing And Discontinued Operation | - | 1,320 | 854 | 1,641 | 4,335 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,320 | 854 | 1,641 | 4,269 |
| Net Income | - | 1,320 | 854 | 1,641 | 4,335 |
| Net Income Common Stockholders | - | 1,320 | 854 | 1,641 | 4,335 |
| Net Income Including Noncontrolling Interests | - | 1,320 | 854 | 1,641 | 4,335 |
| Normalized Income | - | 1,320 | 853.21 | 1,793.28 | 3,979.86 |
| Diluted NI Availto Com Stockholders | - | 1,320 | 854 | 1,641 | 4,335 |
| Basic Average Shares | - | 1,561 | 1,614 | 1,620 | 1,624 |
| Diluted Average Shares | - | 1,571 | 1,625 | 1,637 | 1,636 |
| Reconciled Depreciation | - | 4,262 | 3,453 | 3,064 | 3,004 |
| Reconciled Cost Of Revenue | - | 10,836 | 10,636 | 11,444 | 15,706 |
| Total Unusual Items | - | 0 | 1 | -188 | 366 |
| Total Unusual Items Excluding Goodwill | - | 0 | 1 | -188 | 366 |
| Net Income Discontinuous Operations | - | - | 0 | 0 | 66 |
| Earnings From Equity Interest Net Of Tax | - | 14 | 16 | 33 | 26 |
| Special Income Charges | - | 0 | 0 | -186 | 0 |
| Other Special Charges | 7 | - | - | - | - |
| Restructuring And Mergern Acquisition | - | 0 | 0 | 186 | 0 |
| Gain On Sale Of Security | - | - | 1 | -2 | 366 |
| Depreciation Amortization Depletion Income Statement | - | 2,100 | 1,869 | 1,448 | 1,223 |
| Depreciation And Amortization In Income Statement | - | 2,100 | 1,869 | 1,448 | 1,223 |
| Other Operating Expenses | -12 | -102 | -34 | -48 | - |
| Earnings From Equity Interest | 56 | -62 | -1 | 2 | - |
| Average Dilution Earnings | 0 | 0 | - | - | - |
| Amortization | - | 2,100 | 1,869 | 1,448 | 1,223 |
| Amortization Of Intangibles Income Statement | - | 2,100 | 1,869 | 1,448 | 1,223 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc.this co. | AMD | $853.1B | 196.80↑ premium | 13.54 | 6.9% | 117.04 |
| Micron Technology, Inc. | MU | $1.1T | 131.54 | 20.74 | 15.8% | 61.08 |
| Oracle Corporation | ORCL | $679.7B | 54.63 | 33.24 | 60.8% | 32.33 |
| ASML Holding N.V. | ASML | $677.4B | 70.49 | 34.54 | 49.0% | 53.29 |
| Intel Corporation | INTC |
| - |
| - |
| - |
| - |
| - |
| - |
| $561.8B |
| - |
| 4.92 |
| -0.2% |
| 39.78 |
| Cisco Systems, Inc. | CSCO | $512.4B | 50.33 | 10.94 | 21.7% | 33.82 |
| Lam Research Corporation | LRCX | $420.7B | 78.52 | 42.66 | 54.3% | 64.21 |
| Arm Holdings plc | ARM | $420.2B | 464.85 | 50.72 | 10.9% | 361.22 |
| Applied Materials, Inc. | AMAT | $398.3B | 56.92 | 19.51 | 34.3% | 39.91 |
| Peer Median | - | 70.49 | 26.99 | 28.0% | 46.60 | |
Historically, May has averaged the highest return (+19.0%); Sep the lowest (-5.0%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.5%Positive MonthJan 2026: +10.54% | -15.4%Negative MonthFeb 2026: -15.43% | +1.6%Neutral MonthMar 2026: +1.61% | +74.3%Positive MonthApr 2026: +74.26% | +45.6%Positive MonthMay 2026: +45.59% | +12.6%Positive MonthJun 2026: +12.56% | -18.0%Negative MonthJul 2026: -18.03% | -2.0%*Negative MonthAug 2026: -2.04% | — | — | — | — |
| 2025 | -4.0%Negative MonthJan 2025: -4.01% | -13.9%Negative MonthFeb 2025: -13.88% | +2.9%Positive MonthMar 2025: +2.88% | -5.2%Negative MonthApr 2025: -5.25% | +13.7%Positive MonthMay 2025: +13.74% | +28.1%Positive MonthJun 2025: +28.15% | +24.2%Positive MonthJul 2025: +24.25% | -7.8%Negative MonthAug 2025: -7.76% | -0.5%Neutral MonthSep 2025: -0.52% | +58.3%Positive MonthOct 2025: +58.30% | -15.1%Negative MonthNov 2025: -15.07% | -1.5%Neutral MonthDec 2025: -1.55% |
| 2024 | +13.8%Positive MonthJan 2024: +13.76% | +14.8%Positive MonthFeb 2024: +14.81% | -6.3%Negative MonthMar 2024: -6.25% | -12.2%Negative MonthApr 2024: -12.25% | +5.4%Positive MonthMay 2024: +5.38% | -2.8%Negative MonthJun 2024: -2.81% | -10.9%Negative MonthJul 2024: -10.93% | +2.8%Positive MonthAug 2024: +2.82% | +10.4%Positive MonthSep 2024: +10.45% | -12.2%Negative MonthOct 2024: -12.20% | -4.8%Negative MonthNov 2024: -4.78% | -11.9%Negative MonthDec 2024: -11.95% |
| 2023 | +16.0%Positive MonthJan 2023: +16.03% | +4.6%Positive MonthFeb 2023: +4.56% | +24.7%Positive MonthMar 2023: +24.73% | -8.8%Negative MonthApr 2023: -8.82% | +32.3%Positive MonthMay 2023: +32.27% | -3.6%Negative MonthJun 2023: -3.64% | +0.4%Neutral MonthJul 2023: +0.43% | -7.6%Negative MonthAug 2023: -7.59% | -2.7%Negative MonthSep 2023: -2.74% | -4.2%Negative MonthOct 2023: -4.20% | +23.0%Positive MonthNov 2023: +23.01% | +21.7%Positive MonthDec 2023: +21.67% |
| 2022 | -20.6%Negative MonthJan 2022: -20.60% | +8.0%Positive MonthFeb 2022: +7.96% | -11.4%Negative MonthMar 2022: -11.35% | -21.8%Negative MonthApr 2022: -21.79% | +19.1%Positive MonthMay 2022: +19.11% | -24.9%Negative MonthJun 2022: -24.93% | +23.5%Positive MonthJul 2022: +23.54% | -10.2%Negative MonthAug 2022: -10.16% | -25.3%Negative MonthSep 2022: -25.34% | -5.2%Negative MonthOct 2022: -5.21% | +29.3%Positive MonthNov 2022: +29.25% | -16.6%Negative MonthDec 2022: -16.57% |
| 2021 | — | — | — | — | -1.9%Neutral MonthMay 2021: -1.89% | +17.3%Positive MonthJun 2021: +17.30% | +13.1%Positive MonthJul 2021: +13.05% | +4.3%Positive MonthAug 2021: +4.27% | -7.1%Negative MonthSep 2021: -7.06% | +16.8%Positive MonthOct 2021: +16.84% | +31.7%Positive MonthNov 2021: +31.72% | -9.1%Negative MonthDec 2021: -9.14% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.