What is Advanced Micro Devices's earnings per share (EPS)?

Advanced Micro Devices (AMD) reported diluted earnings per share of $2.65 for fiscal year 2025. This represents a 165.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Advanced Micro Devices (AMD) Financials

AMD

Trailing 12 months to June 27, 2026

Revenue $41.3B +39.5% YoY

Net Income $6.4B +127.0% YoY

EPS (Diluted) $3.89 +123.6% YoY

Free Cash Flow $8.4B +107.8% YoY

Market Cap $998.7B as of Oct 1, 2026

Price / Sales 24.2x on $41.3B revenue, trailing 12 months to June 27, 2026

Price / Earnings 155x on $6.4B net income, trailing 12 months to June 27, 2026

Price / Book 14.9x on $67.2B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 1, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 27, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AMD SEC filings page.

Advanced Micro Devices (AMD) reported $41.3B in revenue over the twelve months to Jun 27, 2026, up 39.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AMD FY2025 2026-08-30

AMD’s dominant mechanic is rapid scale translating into margin recovery and stronger cash conversion while leverage stays low.

From FY2023 to FY2025, operating margin rose from 1.8% to 10.7% while revenue expanded, indicating operating expenses were absorbed faster than sales grew rather than merely reflecting top-line recovery. In FY2025, operating cash flow of $7.7B exceeded net income, and free cash flow of $6.7B stayed close to it, showing earnings converted into cash instead of depending mainly on accruals.

FY2025’s 2.9x current ratio and debt-to-equity below 0.1x indicate ample short-term liquidity and predominantly equity-funded operations. Goodwill was $25.1B, so reported equity includes a substantial acquisition-related component while still materially exceeding liabilities.

Inventory reached $7.9B while capital expenditures were $974M in FY2025, suggesting cash investment is tied more to inventory accumulation than heavy physical infrastructure. That build coincided with free-cash-flow margin recovering to 19.4% from 4.9% in FY2023, indicating working capital did not prevent cash conversion from strengthening.

Financial Health Signals

Financial Health Score 71/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Advanced Micro Devices's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Advanced Micro Devices has an operating margin of 10.7%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 55/100, indicating healthy but not exceptional operating efficiency. This is up from 7.4% the prior year.

Growth

Advanced Micro Devices's revenue surged 34.3% year-over-year to $34.6B, reflecting rapid business expansion. This strong growth earns a score of 85/100.

Leverage

Advanced Micro Devices carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.85, Advanced Micro Devices holds $2.85 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 77/100.

Cash Flow

Advanced Micro Devices converts 19.4% of revenue into free cash flow ($6.7B). This strong cash generation earns a score of 75/100.

Returns

Advanced Micro Devices's ROE of 6.9% shows moderate profitability relative to equity, earning a score of 38/100. This is up from 2.9% the prior year.

Altman Z-Score Safe

44.03

Advanced Micro Devices scores 44.03, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($998.7B) relative to total liabilities ($13.9B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Advanced Micro Devices passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.78x

For every $1 of reported earnings, Advanced Micro Devices generates $1.78 in operating cash flow ($7.7B OCF vs $4.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

28.20x

Advanced Micro Devices earns $28.20 in operating income for every $1 of interest expense ($3.7B vs $131.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.5B

YoY+50.1%

QoQ+12.5%

5Y CAGR+27.3%

10Y CAGR+28.3%

Advanced Micro Devices generated $11.5B in revenue in Q2 2026. This represents an increase of 50.1% from the same quarter a year earlier. Against the prior quarter it is up 12.5%.

Net Income

$2.3B

YoY+163.4%

QoQ+66.1%

5Y CAGR+32.9%

Advanced Micro Devices reported $2.3B in net income in Q2 2026. This represents an increase of 163.4% from the same quarter a year earlier. Against the prior quarter it is up 66.1%.

EPS (Diluted)

$1.38

YoY+155.6%

QoQ+64.3%

5Y CAGR+25.1%

Advanced Micro Devices earned $1.38 per diluted share (EPS) in Q2 2026. This represents an increase of 155.6% from the same quarter a year earlier. Against the prior quarter it is up 64.3%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$1.6B

YoY-9.9%

QoQ-39.3%

5Y CAGR+13.4%

10Y CAGR+50.0%

Advanced Micro Devices generated $1.6B in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 9.9% from the same quarter a year earlier. Against the prior quarter it is down 39.3%.

Cash & Debt

$5.1B

YoY+14.5%

QoQ-8.9%

5Y CAGR+23.6%

10Y CAGR+20.5%

Advanced Micro Devices held $5.1B in cash against $2.4B in long-term debt as of Q2 2026.

Shares Outstanding

1.63B

YoY+0.6%

QoQ+0.1%

5Y CAGR+6.1%

10Y CAGR+7.5%

Advanced Micro Devices had 1.63B shares outstanding in Q2 2026. This represents an increase of 0.6% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

53.8%

YoY+14.0pp

QoQ+0.9pp

5Y change+7.7pp

10Y change+24.2pp

Advanced Micro Devices's gross margin was 53.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 14.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Operating Margin

17.3%

YoY+19.0pp

QoQ+2.8pp

5Y change-2.0pp

10Y change+22.4pp

Advanced Micro Devices's operating margin was 17.3% in Q2 2026, reflecting core business profitability. This is up 19.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.8 percentage points.

Net Margin

19.9%

YoY+8.6pp

QoQ+6.4pp

5Y change+3.8pp

10Y change+30.6pp

Advanced Micro Devices's net profit margin was 19.9% in Q2 2026, showing the share of revenue converted to profit. This is up 8.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.4 percentage points.

Return on Equity

3.4%

YoY+2.0pp

QoQ+1.3pp

5Y change-5.1pp

Advanced Micro Devices's ROE was 3.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Capital Allocation

R&D Spending

$2.5B

YoY+33.5%

QoQ+5.5%

5Y CAGR+32.9%

10Y CAGR+27.1%

Advanced Micro Devices invested $2.5B in research and development in Q2 2026. This represents an increase of 33.5% from the same quarter a year earlier. Against the prior quarter it is up 5.5%.

Share Buybacks

YoY-100.0%

QoQ-100.0%

Advanced Micro Devices repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Capital Expenditures

$808.0M

YoY+186.5%

QoQ+107.7%

5Y CAGR+65.0%

10Y CAGR+38.1%

Advanced Micro Devices invested $808.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 186.5% from the same quarter a year earlier. Against the prior quarter it is up 107.7%.

AMD Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AMD quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$41.3B	$34.6B+34.3%	$25.8B+13.7%	$22.7B-3.9%	$23.6B+43.6%	$16.4B+68.3%	$9.8B+45.0%	$6.7B+4.0%	$6.5B+23.3%	$5.3B+21.6%	$4.3B+8.2%	$4.0B-27.5%	$5.5B+3.9%	$5.3B-2.3%	$5.4B-17.4%	$6.6B
Cost of Revenue	$19.3B	$17.5B+33.9%	$13.1B+6.9%	$12.2B-6.0%	$13.0B+52.8%	$8.5B+57.0%	$5.4B+40.2%	$3.9B-4.1%	$4.0B+16.2%	$3.5B+4.5%	$3.3B+13.9%	$2.9B-20.6%	$3.7B+10.4%	$3.3B-20.7%	$4.2B+15.4%	$3.6B
Gross Profit	$22.0B	$17.2B+34.8%	$12.7B+21.7%	$10.5B-1.3%	$10.6B+33.7%	$7.9B+82.4%	$4.3B+51.6%	$2.9B+17.2%	$2.4B+36.9%	$1.8B+78.2%	$1.0B-7.1%	$1.1B-41.3%	$1.8B-7.0%	$2.0B+60.2%	$1.2B-58.0%	$2.9B
R&D Expenses	$9.4B	$8.1B+25.3%	$6.5B+9.9%	$5.9B+17.3%	$5.0B+75.9%	$2.8B+43.5%	$2.0B+28.2%	$1.5B+7.9%	$1.4B+19.9%	$1.2B+18.7%	$1.0B+6.4%	$947.0M-11.7%	$1.1B-10.7%	$1.2B-11.3%	$1.4B-6.8%	$1.5B
SG&A Expenses	$4.9B	$4.1B+51.5%	$2.7B+18.0%	$2.3B-0.8%	$2.3B+61.3%	$1.4B+45.5%	$995.0M+32.7%	$750.0M+33.5%	$562.0M+8.9%	$516.0M+10.7%	$466.0M-3.3%	$482.0M-20.2%	$604.0M-10.4%	$674.0M-18.1%	$823.0M-17.0%	$992.0M
Operating Income	$6.5B	$3.7B+94.4%	$1.9B+373.8%	$401.0M-68.3%	$1.3B-65.4%	$3.6B+166.5%	$1.4B+117.0%	$631.0M+39.9%	$451.0M+255.1%	$127.0M+134.0%	-$373.0M+22.5%	-$481.0M-210.3%	-$155.0M-250.5%	$103.0M+109.8%	-$1.1B-387.0%	$368.0M
EBITDA	N/A	$6.5B+37.0%	$4.8B+30.5%	$3.6B+113.9%	$1.7B-56.8%	$3.9B+148.7%	$1.6B+85.9%	$853.0M+37.4%	$621.0M+129.2%	$271.0M+212.9%	-$240.0M+23.6%	-$314.0M-754.2%	$48.0M-85.8%	$339.0M+142.6%	-$796.0M-216.2%	$685.0M
Interest Expense	$147.0M	$131.0M+42.4%	$92.0M-13.2%	$106.0M+20.5%	$88.0M+158.8%	$34.0M-27.7%	$47.0M-50.0%	$94.0M-22.3%	$121.0M-4.0%	$126.0M-19.2%	$156.0M-2.5%	$160.0M-9.6%	$177.0M0.0%	$177.0M+1.1%	$175.0M-2.8%	$180.0M
Income Tax	$1.1B	-$103.0M-127.0%	$381.0M+210.1%	-$346.0M-183.6%	-$122.0M-123.8%	$513.0M+142.4%	-$1.2B-4003.2%	$31.0M+444.4%	-$9.0M-150.0%	$18.0M-53.8%	$39.0M+178.6%	$14.0M+180.0%	$5.0M-44.4%	$9.0M+126.5%	-$34.0M-750.0%	-$4.0M
Net Income	$6.4B	$4.3B+164.2%	$1.6B+92.2%	$854.0M-35.3%	$1.3B-58.3%	$3.2B+27.0%	$2.5B+630.2%	$341.0M+1.2%	$337.0M+1121.2%	-$33.0M+93.4%	-$498.0M+24.5%	-$660.0M-63.8%	-$403.0M-385.5%	-$83.0M+93.0%	-$1.2B-340.9%	$491.0M
EPS (Basic)	N/A	$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%	-$0.84-58.5%	-$0.53-381.8%	-$0.11+93.1%	-$1.60-335.3%	$0.68
EPS (Diluted)	$3.89	$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%	-$0.84-58.5%	-$0.53-381.8%	-$0.11+93.1%	-$1.60-342.4%	$0.66
Diluted Shares (Avg)	N/A	1.64B-0.1%	1.64B+0.7%	1.63B+3.4%	1.57B+27.8%	1.23B+1.8%	1.21B+7.8%	1.12B+5.3%	1.06B+11.8%	952M+14.0%	835M+6.6%	783M+2.0%	768M+1.9%	754M+1.8%	741M-0.1%	742M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$11.5B+50.1%	$10.3B+37.8%	$10.3B+34.1%	$9.2B+35.6%	$7.7B+31.7%	$7.4B+35.9%	$7.7B+24.2%	$6.8B+17.6%
Cost of Revenue	$5.3B+15.3%	$4.8B+30.7%	$4.7B+24.3%	$4.5B+31.4%	$4.6B+55.7%	$3.7B+27.1%	$3.8B+15.9%	$3.4B+11.4%
Gross Profit	$6.2B+102.8%	$5.4B+45.0%	$5.6B+43.7%	$4.8B+39.8%	$3.1B+6.8%	$3.7B+45.9%	$3.9B+33.4%	$3.4B+24.5%
R&D Expenses	$2.5B+33.5%	$2.4B+38.7%	$2.3B+36.1%	$2.1B+30.7%	$1.9B+19.6%	$1.7B+13.3%	$1.7B+13.3%	$1.6B+8.6%
SG&A Expenses	$1.4B+41.4%	$1.3B+41.4%	$1.2B+53.4%	$1.1B+51.2%	$991.0M+54.8%	$886.0M+46.0%	$781.0M+28.0%	$707.0M+22.7%
Operating Income	$2.0B+1585.1%	$1.5B+83.1%	$1.8B+101.1%	$1.3B+75.4%	-$134.0M-149.8%	$806.0M+2138.9%	$871.0M+154.7%	$724.0M+223.2%
Interest Expense	$37.0M-2.6%	$37.0M+85.0%	$36.0M+89.5%	$37.0M+60.9%	$38.0M+52.0%	$20.0M-20.0%	$19.0M-29.6%	$23.0M-11.5%
Income Tax	$252.0M+130.2%	$238.0M+93.5%	$455.0M+8.6%	$153.0M+666.7%	-$834.0M-2134.1%	$123.0M+336.5%	$419.0M+241.1%	-$27.0M+30.8%
Net Income	$2.3B+163.4%	$1.4B+95.1%	$1.5B+213.5%	$1.2B+61.2%	$872.0M+229.1%	$709.0M+476.4%	$482.0M-27.7%	$771.0M+157.9%
EPS (Basic)	$1.40+159.3%	$0.85+93.2%	$0.93+220.7%	$0.76+58.3%	$0.54+237.5%	$0.44+450.0%	$0.29-29.3%	$0.48+166.7%
EPS (Diluted)	$1.38+155.6%	$0.84+90.9%	$0.92+217.2%	$0.75+59.6%	$0.54+237.5%	$0.44+528.6%	$0.29-31.0%	$0.47+161.1%
Diluted Shares (Avg)	1.66B+1.8%	1.65B+1.5%	N/A	1.64B+0.3%	1.63B-0.4%	1.63B-0.8%	N/A	1.64B+0.4%

Not reported in any period shown, so not listed: EBITDA.

AMD Balance Sheet

AMD quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$76.9B+11.1%	$69.2B+2.0%	$67.9B+0.5%	$67.6B+444.2%	$12.4B+38.6%	$9.0B+48.7%	$6.0B+32.3%	$4.6B+28.3%	$3.6B+7.0%	$3.3B+7.7%	$3.1B-18.1%	$3.8B-13.1%	$4.3B+8.4%	$4.0B-19.3%	$5.0B
Current Assets	$26.9B+41.5%	$19.0B+13.6%	$16.8B+11.6%	$15.0B+75.0%	$8.6B+39.7%	$6.1B+33.6%	$4.6B+29.9%	$3.5B+34.4%	$2.6B+4.1%	$2.5B+9.1%	$2.3B-15.2%	$2.7B-5.1%	$2.9B+27.3%	$2.3B-29.9%	$3.2B
Cash & Equivalents	$5.5B+46.3%	$3.8B-3.7%	$3.9B-18.7%	$4.8B+90.7%	$2.5B+58.9%	$1.6B+8.8%	$1.5B+36.0%	$1.1B-9.0%	$1.2B-6.3%	$1.3B+61.0%	$785.0M-2.5%	$805.0M-7.4%	$869.0M+58.3%	$549.0M-36.8%	$869.0M
Short-Term Investments	$5.0B+272.7%	$1.3B-26.9%	$1.8B+80.4%	$1.0B-4.9%	$1.1B+54.4%	$695.0M+1778.4%	$37.0M-52.6%	$78.0M	$0	$0	$0-100.0%	$235.0M+3.1%	$228.0M-49.7%	$453.0M-49.4%	$896.0M
Inventory	$7.9B+38.1%	$5.7B+31.8%	$4.4B+15.4%	$3.8B+92.9%	$2.0B+39.7%	$1.4B+42.5%	$982.0M+16.2%	$845.0M+21.8%	$694.0M+0.4%	$691.0M+1.9%	$678.0M-1.0%	$685.0M-22.5%	$884.0M+57.3%	$562.0M+18.1%	$476.0M
Accounts Receivable	$6.3B+2.0%	$6.2B+43.2%	$4.3B+4.8%	$4.1B+52.5%	$2.7B+31.0%	$2.1B+11.1%	$1.9B+50.5%	$1.2B+172.0%	$454.0M+22.0%	$372.0M-30.2%	$533.0M-34.8%	$818.0M-1.7%	$832.0M+32.1%	$630.0M-31.4%	$919.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$90.0M-50.3%	$181.0M+21.5%	$149.0M
Goodwill	$25.1B+1.2%	$24.8B+2.4%	$24.3B+0.4%	$24.2B+8265.7%	$289.0M0.0%	$289.0M0.0%	$289.0M0.0%	$289.0M0.0%	$289.0M0.0%	$289.0M+4.0%	$278.0M-13.1%	$320.0M-42.1%	$553.0M0.0%	$553.0M+71.2%	$323.0M
Total Liabilities	$13.9B+19.5%	$11.7B-2.8%	$12.0B-6.5%	$12.8B+160.7%	$4.9B+57.5%	$3.1B-2.4%	$3.2B-2.7%	$3.3B+11.3%	$3.0B+3.9%	$2.8B-17.2%	$3.4B-4.1%	$3.6B-5.6%	$3.8B+9.6%	$3.5B+2.9%	$3.4B
Current Liabilities	$9.5B+29.9%	$7.3B+8.9%	$6.7B+5.0%	$6.4B+50.2%	$4.2B+75.4%	$2.4B+2.5%	$2.4B+18.9%	$2.0B+31.1%	$1.5B+12.4%	$1.3B-4.1%	$1.4B-2.6%	$1.4B-11.0%	$1.6B+15.8%	$1.4B-21.3%	$1.8B
Non-Current Liabilities	$4.5B+2.2%	$4.4B-17.5%	$5.3B-17.9%	$6.5B+847.4%	$682.0M-3.7%	$708.0M-15.9%	$842.0M-35.5%	$1.3B-9.5%	$1.4B-3.7%	$1.5B-26.2%	$2.0B-5.1%	$2.1B-1.6%	$2.2B+5.3%	$2.1B+29.9%	$1.6B
Long-Term Debt	$2.3B+36.4%	$1.7B+0.2%	$1.7B-30.4%	$2.5B	N/A	$330.0M-32.1%	$486.0M-56.4%	$1.1B-15.9%	$1.3B-7.7%	$1.4B-28.5%	$2.0B-0.9%	$2.0B+2.0%	$2.0B-1.6%	$2.0B+32.2%	$1.5B
Total Equity	$63.0B+9.4%	$57.6B+3.0%	$55.9B+2.1%	$54.8B+630.3%	$7.5B+28.4%	$5.8B+106.5%	$2.8B+123.3%	$1.3B+112.4%	$596.0M+24.9%	$477.0M+236.3%	-$350.0M-287.2%	$187.0M-65.6%	$544.0M+1.1%	$538.0M-66.2%	$1.6B
Retained Earnings	$6.7B+183.4%	$2.4B+227.0%	$723.0M+651.9%	-$131.0M+91.0%	-$1.5B+68.5%	-$4.6B+35.1%	-$7.1B+4.6%	-$7.4B+4.4%	-$7.8B-0.4%	-$7.7B-6.0%	-$7.3B-9.9%	-$6.6B-6.5%	-$6.2B-1.3%	-$6.2B-23.8%	-$5.0B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$84.5B+12.9%	$79.6B+11.3%	$76.9B+11.1%	$76.9B+10.4%	$74.8B+10.2%	$71.5B+5.4%	$69.2B+2.0%	$69.6B+3.0%
Current Assets	$31.5B+28.6%	$28.6B+32.6%	$26.9B+41.5%	$27.0B+44.1%	$24.5B+40.4%	$21.6B+26.4%	$19.0B+13.6%	$18.7B+12.3%
Cash & Equivalents	$5.1B+14.5%	$5.6B-7.7%	$5.5B+46.3%	$4.8B+23.4%	$4.4B+8.0%	$6.0B+44.4%	$3.8B-3.7%	$3.9B+9.4%
Short-Term Investments	$8.0B+463.2%	$6.8B+436.2%	$5.0B+272.7%	$2.4B+276.4%	$1.4B+16.1%	$1.3B-31.7%	$1.3B-26.9%	$647.0M-70.9%
Inventory	$8.5B+26.8%	$8.0B+25.4%	$7.9B+38.1%	$7.3B+36.1%	$6.7B+33.8%	$6.4B+37.9%	$5.7B+31.8%	$5.4B+20.9%
Accounts Receivable	$7.3B+42.3%	$6.0B+10.9%	$6.3B+2.0%	$6.2B-14.4%	$5.1B-11.0%	$5.4B+8.0%	$6.2B+43.2%	$7.2B+43.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$25.5B+1.5%	$25.3B+2.0%	$25.1B+1.2%	$25.1B+1.0%	$25.1B+3.4%	$24.8B+2.4%	$24.8B+2.4%	$24.8B+2.7%
Total Liabilities	$17.2B+13.8%	$15.2B+11.1%	$13.9B+19.5%	$16.1B+27.3%	$15.2B+33.5%	$13.7B+16.9%	$11.7B-2.8%	$12.7B0.0%
Current Liabilities	$12.1B+22.7%	$10.5B+36.4%	$9.5B+29.9%	$11.7B+56.0%	$9.8B+58.9%	$7.7B+19.0%	$7.3B+8.9%	$7.5B-1.7%
Non-Current Liabilities	$5.2B-2.9%	$4.7B-21.7%	$4.5B+2.2%	$4.4B-14.6%	$5.3B+3.1%	$6.0B+14.2%	$4.4B-17.5%	$5.2B+2.4%
Long-Term Debt	$2.4B-26.9%	$2.4B-27.0%	$2.3B+36.4%	$2.3B+36.5%	$3.2B+87.2%	$3.2B+87.3%	$1.7B+0.2%	$1.7B+0.3%
Total Equity	$67.2B+12.7%	$64.5B+11.4%	$63.0B+9.4%	$60.8B+6.7%	$59.7B+5.5%	$57.9B+3.0%	$57.6B+3.0%	$57.0B+3.7%
Retained Earnings	$5.9B+49.8%	$8.1B+163.0%	$6.7B+183.4%	$5.2B+175.7%	$3.9B+255.1%	$3.1B+263.2%	$2.4B+227.0%	$1.9B+3260.7%

AMD Cash Flow Statement

AMD quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$10.1B	$7.7B+153.5%	$3.0B+82.4%	$1.7B-53.2%	$3.6B+1.2%	$3.5B+228.8%	$1.1B+117.2%	$493.0M+1350.0%	$34.0M+183.3%	$12.0M-85.2%	$81.0M+135.8%	-$226.0M-130.6%	-$98.0M+33.8%	-$148.0M+56.2%	-$338.0M-188.5%	$382.0M
Depreciation & Amortization	N/A	$2.8B-1.2%	$2.9B-11.9%	$3.2B+638.3%	$439.0M+48.3%	$296.0M+36.4%	$217.0M-2.3%	$222.0M+30.6%	$170.0M+18.1%	$144.0M+8.3%	$133.0M-20.4%	$167.0M-17.7%	$203.0M-14.0%	$236.0M-9.2%	$260.0M-18.0%	$317.0M
Stock-Based Compensation	N/A	$1.6B+16.4%	$1.4B+1.7%	$1.4B+28.0%	$1.1B+185.2%	$379.0M+38.3%	$274.0M+39.1%	$197.0M+43.8%	$137.0M+41.2%	$97.0M+12.8%	$86.0M+36.5%	$63.0M-22.2%	$81.0M-11.0%	$91.0M-6.2%	$97.0M+7.8%	$90.0M
Capital Expenditures	$1.7B	$974.0M+53.1%	$636.0M+16.5%	$546.0M+21.3%	$450.0M+49.5%	$301.0M+2.4%	$294.0M+35.5%	$217.0M+33.1%	$163.0M+44.2%	$113.0M+46.8%	$77.0M-19.8%	$96.0M+1.1%	$95.0M+13.1%	$84.0M-36.8%	$133.0M-46.8%	$250.0M
Free Cash Flow	$8.4B	$6.7B+180.0%	$2.4B+114.5%	$1.1B-64.0%	$3.1B-3.3%	$3.2B+314.4%	$777.0M+181.5%	$276.0M+314.0%	-$129.0M-27.7%	-$101.0M-2625.0%	$4.0M+101.2%	-$322.0M-66.8%	-$193.0M+16.8%	-$232.0M+50.7%	-$471.0M-456.8%	$132.0M
Investing Cash Flow	-$8.3B	-$5.5B-402.5%	-$1.1B+22.6%	-$1.4B-171.2%	$2.0B+191.4%	$686.0M+172.1%	-$952.0M-538.9%	-$149.0M+12.4%	-$170.0M-214.8%	-$54.0M-119.5%	$277.0M+88.4%	$147.0M+1325.0%	-$12.0M-102.6%	$455.0M+2494.7%	-$19.0M+83.2%	-$113.0M
Financing Cash Flow	-$1.1B	-$431.0M+79.1%	-$2.1B-79.9%	-$1.1B+64.9%	-$3.3B-272.2%	$1.9B+31483.3%	$6.0M-86.0%	$43.0M+53.6%	$28.0M+184.8%	-$33.0M-127.0%	$122.0M+106.8%	$59.0M+28.3%	$46.0M+253.8%	$13.0M-64.9%	$37.0M+716.7%	-$6.0M
Share Buybacks	$310.0M	$1.3B+52.7%	$862.0M-12.5%	$985.0M-73.4%	$3.7B+110.1%	$1.8B	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$2.4B+17.7%	$3.0B+214.7%	$2.6B+100.2%	$2.2B+243.8%	$2.0B+239.1%	$939.0M+80.2%	$1.3B+240.9%	$628.0M+49.2%
Stock-Based Compensation	$503.0M+36.3%	$487.0M+33.8%	N/A	$419.0M+19.4%	$369.0M+6.6%	$364.0M-1.9%	N/A	$351.0M-0.6%
Capital Expenditures	$808.0M+186.5%	$389.0M+83.5%	$222.0M+6.7%	$258.0M+95.5%	$282.0M+83.1%	$212.0M+49.3%	$208.0M+49.6%	$132.0M+6.5%
Free Cash Flow	$1.6B-9.9%	$2.6B+253.0%	$2.4B+118.0%	$1.9B+283.3%	$1.7B+293.8%	$727.0M+91.8%	$1.1B+350.8%	$496.0M+67.0%
Investing Cash Flow	-$2.9B-24.0%	-$2.6B-618.5%	-$1.5B-26.9%	-$1.3B-868.8%	-$2.3B-695.3%	-$357.0M-164.4%	-$1.2B-909.3%	-$138.0M-235.3%
Financing Cash Flow	-$15.0M+98.9%	-$350.0M-121.0%	-$328.0M-91.8%	-$450.0M+36.3%	-$1.3B-24.9%	$1.7B+1391.5%	-$171.0M-7.5%	-$706.0M+12.1%
Share Buybacks	$0-100.0%	$221.0M-70.5%	$0-100.0%	$89.0M-64.4%	$478.0M+35.8%	$749.0M+18625.0%	$256.0M+9.9%	$250.0M-51.1%

Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid.

AMD Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AMD quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	49.5%+0.2pp	49.4%+3.2pp	46.1%+1.2pp	44.9%-3.3pp	48.3%+3.7pp	44.5%+1.9pp	42.6%+4.8pp	37.8%+3.8pp	34.0%+10.8pp	23.2%-3.8pp	27.1%-6.3pp	33.4%-3.9pp	37.3%+14.6pp	22.8%-22.0pp	44.8%
Operating Margin	10.7%+3.3pp	7.4%+5.6pp	1.8%-3.6pp	5.4%-16.8pp	22.2%+8.2pp	14.0%+4.6pp	9.4%+2.4pp	7.0%+4.5pp	2.4%+11.1pp	-8.6%+3.4pp	-12.0%-9.2pp	-2.8%-4.8pp	1.9%+21.4pp	-19.5%-25.1pp	5.6%
Net Margin	12.5%+6.1pp	6.4%+2.6pp	3.8%-1.8pp	5.6%-13.6pp	19.2%-6.3pp	25.5%+20.4pp	5.1%-0.1pp	5.2%+5.8pp	-0.6%+10.9pp	-11.5%+5.0pp	-16.5%-9.2pp	-7.3%-5.8pp	-1.6%+20.3pp	-21.8%-29.3pp	7.5%
Return on Equity	6.9%+4.0pp	2.9%+1.3pp	1.5%-0.9pp	2.4%-39.8pp	42.2%-0.5pp	42.7%+30.6pp	12.1%-14.6pp	26.6%+32.2pp	-5.5%+98.9pp	-104.4%	N/A	-215.5%-200.3pp	-15.3%+204.6pp	-219.9%-250.8pp	30.9%
Return on Assets	5.6%+3.3pp	2.4%+1.1pp	1.3%-0.7pp	1.9%-23.5pp	25.5%-2.3pp	27.8%+22.1pp	5.7%-1.7pp	7.4%+8.3pp	-0.9%+14.1pp	-15.0%+6.4pp	-21.4%-10.7pp	-10.7%-8.8pp	-1.9%+27.7pp	-29.6%-39.5pp	9.9%
Current Ratio	2.85+0.2x	2.62+0.1x	2.51+0.1x	2.36+0.3x	2.02-0.5x	2.54+0.6x	1.95+0.2x	1.780.0x	1.74-0.1x	1.88+0.2x	1.65-0.2x	1.90+0.1x	1.78+0.2x	1.62-0.2x	1.82
Debt-to-Equity	0.040.0x	0.030.0x	0.030.0x	0.05-0.6x	0.66+0.6x	0.06-0.1x	0.17-0.7x	0.88-1.3x	2.22-0.8x	3.01	N/A	10.83+7.2x	3.65-0.1x	3.75+2.8x	0.96
Asset Turnover	0.45+0.1x	0.370.0x	0.330.0x	0.35-1.0x	1.32+0.2x	1.090.0x	1.12-0.3x	1.42-0.1x	1.48+0.2x	1.300.0x	1.29-0.2x	1.46+0.2x	1.22-0.1x	1.360.0x	1.33
FCF Margin	19.4%+10.1pp	9.3%+4.4pp	4.9%-8.3pp	13.2%-6.4pp	19.6%+11.6pp	8.0%+3.9pp	4.1%+6.1pp	-2.0%-0.1pp	-1.9%-2.0pp	0.1%+8.2pp	-8.1%-4.6pp	-3.5%+0.9pp	-4.4%+4.3pp	-8.7%-10.7pp	2.0%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	53.8%+14.0pp	52.8%+2.6pp	54.3%+3.6pp	51.7%+1.6pp	39.8%-9.3pp	50.2%+3.4pp	50.7%+3.5pp	50.1%+2.8pp
Operating Margin	17.3%+19.0pp	14.4%+3.6pp	17.1%+5.7pp	13.7%+3.1pp	-1.7%-6.3pp	10.8%+10.2pp	11.4%+5.8pp	10.6%+6.8pp
Net Margin	19.9%+8.6pp	13.5%+4.0pp	14.7%+8.4pp	13.4%+2.1pp	11.3%+6.8pp	9.5%+7.3pp	6.3%-4.5pp	11.3%+6.2pp
Return on Equity	3.4%+2.0pp	2.1%+0.9pp	2.4%+1.6pp	2.0%+0.7pp	1.5%+1.0pp	1.2%+1.0pp	0.8%-0.4pp	1.4%+0.8pp
Return on Assets	2.7%+1.5pp	1.7%+0.7pp	2.0%+1.3pp	1.6%+0.5pp	1.2%+0.8pp	1.0%+0.8pp	0.7%-0.3pp	1.1%+0.7pp
Current Ratio	2.61+0.1x	2.72-0.1x	2.85+0.2x	2.31-0.2x	2.49-0.3x	2.80+0.2x	2.62+0.1x	2.50+0.3x
Debt-to-Equity	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.060.0x	0.030.0x	0.030.0x
Asset Turnover	0.140.0x	0.130.0x	0.130.0x	0.120.0x	0.100.0x	0.100.0x	0.110.0x	0.100.0x
FCF Margin	13.5%-9.0pp	25.0%+15.3pp	23.2%+8.9pp	20.6%+13.3pp	22.5%+15.0pp	9.8%+2.8pp	14.2%+10.3pp	7.3%+2.1pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Advanced Micro Devices AMD	FY2025	$34.6B	$4.3B	12.5%	$998.7B	71/100
Micron Technology, Inc. MU	FY2025	$37.4B	$8.5B	22.8%	$1.2T	57/100
Qualcomm Inc QCOM	FY2025	$44.3B	$5.5B	12.5%	$196.6B	78/100
Broadcom Inc. AVGO	FY2025	$63.9B	$23.1B	36.2%	$1.7T	75/100
Texas Instruments Incorporated TXN	FY2025	$17.7B	$5.0B	28.3%	$257.3B	68/100
Arm Holdings ARM	FY2026	$4.9B	$904.0M	18.4%	$313.6B	77/100

Where Advanced Micro Devices Ranks

Frequently Asked Questions

What is Advanced Micro Devices's annual revenue?

Advanced Micro Devices (AMD) reported $34.6B in total revenue for fiscal year 2025. This represents a 34.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Advanced Micro Devices's revenue growing?

Advanced Micro Devices (AMD) revenue grew by 34.3% year-over-year, from $25.8B to $34.6B in fiscal year 2025.

Is Advanced Micro Devices profitable?

Yes, Advanced Micro Devices (AMD) reported a net income of $4.3B in fiscal year 2025, with a net profit margin of 12.5%.

What is Advanced Micro Devices's EBITDA?

Advanced Micro Devices (AMD) had EBITDA of $6.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Advanced Micro Devices have?

As of fiscal year 2025, Advanced Micro Devices (AMD) had $5.5B in cash and equivalents against $2.3B in long-term debt.

What is Advanced Micro Devices's gross margin?

Advanced Micro Devices (AMD) had a gross margin of 49.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Advanced Micro Devices's operating margin?

Advanced Micro Devices (AMD) had an operating margin of 10.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Advanced Micro Devices's net profit margin?

Advanced Micro Devices (AMD) had a net profit margin of 12.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Advanced Micro Devices's return on equity (ROE)?

Advanced Micro Devices (AMD) has a return on equity of 6.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Advanced Micro Devices's free cash flow?

Advanced Micro Devices (AMD) generated $6.7B in free cash flow during fiscal year 2025. This represents a 180.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Advanced Micro Devices's operating cash flow?

Advanced Micro Devices (AMD) generated $7.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Advanced Micro Devices's total assets?

Advanced Micro Devices (AMD) had $76.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Advanced Micro Devices's capital expenditures?

Advanced Micro Devices (AMD) invested $974.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Advanced Micro Devices spend on research and development?

Advanced Micro Devices (AMD) invested $8.1B in research and development during fiscal year 2025.

Does Advanced Micro Devices buy back shares?

Yes, Advanced Micro Devices (AMD) spent $1.3B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Advanced Micro Devices have outstanding?

Advanced Micro Devices (AMD) had 1.63B shares outstanding as of fiscal year 2025.

What is Advanced Micro Devices's current ratio?

Advanced Micro Devices (AMD) had a current ratio of 2.85 as of fiscal year 2025, which is generally considered healthy.

What is Advanced Micro Devices's debt-to-equity ratio?

Advanced Micro Devices (AMD) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Advanced Micro Devices's return on assets (ROA)?

Advanced Micro Devices (AMD) had a return on assets of 5.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Advanced Micro Devices's P/E ratio?

Advanced Micro Devices (AMD) trades at 155x earnings, its market capitalization divided by net income of $6.4B net income, trailing 12 months to June 27, 2026. The market capitalization is $998.7B as of Oct 1, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Advanced Micro Devices's price-to-sales ratio?

Advanced Micro Devices (AMD) trades at 24.2x sales, its market capitalization divided by revenue of $41.3B revenue, trailing 12 months to June 27, 2026. The market capitalization is $998.7B as of Oct 1, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Advanced Micro Devices's Altman Z-Score?

Advanced Micro Devices (AMD) has an Altman Z-Score of 44.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Advanced Micro Devices's Piotroski F-Score?

Advanced Micro Devices (AMD) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Advanced Micro Devices's earnings high quality?

Advanced Micro Devices (AMD) has an earnings quality ratio of 1.78x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Advanced Micro Devices cover its interest payments?

Advanced Micro Devices (AMD) has an interest coverage ratio of 28.20x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Advanced Micro Devices?

Advanced Micro Devices (AMD) scores 71 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.