financial statements

The full income statement, balance sheet, and cash-flow statement for Advanced Micro Devices Inc. (AMD), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofDec 25 ’21
Revenue	34.6B YoY+34.3%	25.8B YoY+13.7%	22.7B YoY-3.9%	23.6B YoY+43.6%	16.4B YoY+68.3%
	17.2B YoY+34.8%	12.7B YoY+21.7%	10.5B YoY-1.3%	10.6B YoY+33.7%	7.93B YoY+82.4%
Cost of revenue	17.5B YoY+33.9%	13.1B YoY+6.9%	12.2B YoY-6.0%	13.0B YoY+52.8%	8.51B YoY+57.0%
	13.5B YoY+24.3%	10.8B YoY+7.6%	10.1B	—	—
Research & development	8.09B YoY+25.3%	6.46B YoY+9.9%	5.87B YoY+17.3%	5.00B YoY+75.9%	2.85B YoY+43.5%
Selling, general & administrative	4.14B YoY+51.5%	2.73B YoY+18.0%	2.32B YoY-0.8%	2.34B YoY+61.3%	1.45B YoY+45.5%
Restructuring	0.00 YoY-100.0%	186M	0.00	0.00	—
Amortization of intangibles	2.30B YoY-4.2%	2.40B YoY-14.3%	2.80B	—	—
Operating income	3.69B YoY+94.4%	1.90B YoY+373.8%	401M YoY-68.3%	1.26B YoY-65.4%	3.65B YoY+166.5%
Interest expense	131M YoY+42.4%	92.0M YoY-13.2%	106M YoY+20.5%	88.0M YoY+158.8%	34.0M YoY-27.7%
Net interest income	215M YoY+18.1%	182M YoY-11.7%	206M YoY+216.9%	65.0M YoY+712.5%	8.00M YoY+0.0%
Other non-operating income	577M YoY+218.8%	181M YoY-8.1%	197M YoY+2362.5%	8.00M YoY-85.5%	55.0M YoY+217.0%
Equity-method income	26.0M YoY-21.2%	33.0M YoY+106.3%	16.0M YoY+14.3%	14.0M YoY+133.3%	6.00M YoY+20.0%
Pre-tax income	4.17B YoY+106.0%	2.02B YoY+298.0%	508M YoY-57.6%	1.20B YoY-67.4%	3.67B YoY+187.1%
Income tax	-103M YoY-127.0%	381M YoY+210.1%	-346M YoY-183.6%	-122M YoY-123.8%	513M YoY+142.4%
	4.33B YoY+164.2%	1.64B YoY+92.2%	854M YoY-35.3%	1.32B YoY-58.3%	3.16B YoY+27.0%
Income from continuing operations	4.27B YoY+160.1%	1.64B YoY+92.2%	854M	—	—
	$2.65 YoY+165.0%	$1.00 YoY+88.7%	$0.53 YoY-36.9%	$0.84 YoY-67.3%	$2.57 YoY+24.8%
EPS (basic)	$2.67 YoY+164.4%	$1.01 YoY+90.6%	$0.53 YoY-37.6%	$0.85 YoY-67.4%	$2.61 YoY+24.3%
Weighted-avg shares (basic)	1.62B YoY+0.2%	1.62B YoY+0.4%	1.61B YoY+3.4%	1.56B YoY+28.7%	1.21B YoY+2.4%
Weighted-avg shares (diluted)	1.64B YoY-0.1%	1.64B YoY+0.7%	1.63B YoY+3.4%	1.57B YoY+27.8%	1.23B YoY+1.8%
Balance Sheet	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofDec 25 ’21
	26.9B YoY+41.5%	19.0B YoY+13.6%	16.8B YoY+11.6%	15.0B YoY+75.0%	8.58B YoY+39.7%
Cash & equivalents	5.54B YoY+46.3%	3.79B YoY-3.7%	3.93B YoY-18.7%	4.83B YoY+90.7%	2.54B YoY+58.9%
Short-term investments	5.01B YoY+272.7%	1.34B YoY-26.9%	1.84B YoY+80.4%	1.02B YoY-4.9%	1.07B YoY+54.4%
Cash & short-term investments	1.06B YoY+0.0%	1.06B YoY+0.0%	1.06B YoY+0.0%	1.06B YoY+0.0%	1.06B YoY+0.0%
Accounts receivable	6.32B YoY+2.0%	6.19B YoY+43.2%	4.32B YoY+4.8%	4.13B YoY+52.5%	2.71B YoY+31.0%
Inventory	7.92B YoY+38.1%	5.73B YoY+31.8%	4.35B YoY+15.4%	3.77B YoY+92.9%	1.96B YoY+39.7%
Prepaid expenses	2.16B YoY+8.5%	1.99B YoY-13.9%	2.31B YoY+82.8%	1.26B YoY+305.4%	312M YoY-17.5%
Other current assets	1.94B YoY+42.4%	1.36B YoY+8.3%	1.26B YoY+632.0%	172M YoY+0.0%	172M YoY+0.0%
	76.9B YoY+11.1%	69.2B YoY+2.0%	67.9B YoY+0.5%	67.6B YoY+444.2%	12.4B YoY+38.6%
Property, plant & equipment	2.31B YoY+28.3%	1.80B YoY+13.4%	1.59B YoY+5.0%	1.51B YoY+115.5%	702M YoY+9.5%
Operating lease right-of-use	623M YoY+0.0%	623M YoY-1.6%	633M YoY+37.6%	460M YoY+25.3%	367M YoY+76.4%
Goodwill	25.1B YoY+1.2%	24.8B YoY+2.4%	24.3B YoY+0.4%	24.2B YoY+8265.7%	289M YoY+0.0%
Intangible assets	16.7B YoY-11.8%	18.9B YoY-11.4%	21.4B YoY-11.4%	24.1B	0.00
Long-term investments	0.00	0.00	0.00	0.00	0.00
Deferred tax assets	384M YoY-44.2%	688M YoY+88.0%	366M YoY+531.0%	58.0M YoY-93.8%	931M YoY-25.2%
Other non-current assets	5.45B YoY+39.2%	3.92B YoY+39.7%	2.81B YoY+30.3%	2.15B YoY+45.6%	1.48B YoY+296.2%
	9.46B YoY+29.9%	7.28B YoY+8.9%	6.69B YoY+5.0%	6.37B YoY+50.2%	4.24B YoY+75.4%
Accounts payable	2.93B YoY+18.8%	2.47B YoY+20.0%	2.06B YoY-17.6%	2.49B YoY+88.7%	1.32B YoY+182.3%
Accrued liabilities	5.25B YoY+23.2%	4.26B YoY+38.2%	3.08B YoY+0.2%	3.08B YoY+26.9%	2.42B YoY+35.0%
Deferred revenue	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%
Short-term & current debt	874M	0.00 YoY-100.0%	751M	0.00 YoY-100.0%	312M
Current lease liability	159M YoY+45.9%	109M YoY+2.8%	106M YoY+14.0%	93.0M YoY+31.0%	71.0M YoY+73.2%
Other current liabilities	402M YoY-27.6%	555M YoY+26.7%	438M YoY+30.4%	336M YoY+242.9%	98.0M YoY+30.7%
Long-term debt	2.35B YoY+36.4%	1.72B YoY+0.2%	1.72B YoY-30.4%	2.47B YoY+246600.0%	1.00M YoY-99.7%
Non-current lease liability	625M YoY+27.3%	491M YoY-8.2%	535M YoY+35.1%	396M YoY+13.8%	348M YoY+73.1%
Deferred tax liabilities	313M YoY-10.3%	349M YoY-71.0%	1.20B YoY-37.8%	1.93B YoY+16016.7%	12.0M YoY+9.1%
Other non-current liabilities	1.19B YoY-34.7%	1.82B YoY-1.8%	1.85B YoY+11.2%	1.66B YoY+418.4%	321M YoY+81.4%
	63.0B YoY+9.4%	57.6B YoY+3.0%	55.9B YoY+2.1%	54.8B YoY+630.3%	7.50B YoY+28.4%
Common stock	17.0M YoY+0.0%	17.0M YoY+0.0%	17.0M YoY+6.3%	16.0M YoY+33.3%	12.0M YoY+0.0%
Additional paid-in capital	63.4B YoY+3.3%	61.4B YoY+2.8%	59.7B YoY+2.9%	58.0B YoY+424.0%	11.1B YoY+5.0%
Retained earnings	6.70B YoY+183.4%	2.36B YoY+227.0%	723M YoY+651.9%	-131M YoY+91.0%	-1.45B YoY+68.5%
Treasury stock	7.08B YoY+15.9%	6.11B YoY+35.3%	4.51B YoY+45.7%	3.10B YoY+45.5%	2.13B YoY+1526.0%
Accumulated other comprehensive income	-3.00M YoY+95.7%	-69.0M YoY-590.0%	-10.0M YoY+75.6%	-41.0M YoY-1266.7%	-3.00M YoY-117.6%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00
Total liabilities & equity	76.9B YoY+11.1%	69.2B YoY+2.0%	67.9B YoY+0.5%	67.6B YoY+444.2%	12.4B YoY+38.6%
Common shares issued	1.70B YoY+0.9%	1.68B YoY+1.0%	1.66B YoY+1.1%	1.65B YoY+33.5%	1.23B YoY+1.2%
Common shares outstanding	1.63B YoY+0.5%	1.62B YoY+0.4%	1.62B YoY+0.2%	1.61B YoY+33.6%	1.21B YoY-0.3%
Shares outstanding (cover)	1.63B YoY+0.3%	1.62B YoY+0.5%	1.62B YoY+0.2%	1.61B YoY+33.5%	1.21B YoY+0.4%
Cash Flow	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofDec 25 ’21
	7.71B YoY+153.5%	3.04B YoY+82.4%	1.67B YoY-53.2%	3.56B YoY+1.2%	3.52B YoY+228.8%
Depreciation & amortization	521M YoY+14.8%	454M YoY+2.9%	441M YoY+0.5%	439M YoY+48.3%	296M YoY+36.4%
Share-based compensation	1.64B YoY+16.4%	1.41B YoY+1.7%	1.38B YoY+28.0%	1.08B YoY+185.2%	379M YoY+38.3%
Deferred income taxes	252M YoY+121.7%	-1.16B YoY-14.1%	-1.02B YoY+32.3%	-1.50B YoY-388.6%	-308M YoY-125.2%
Change in receivables	121M YoY-93.5%	1.86B YoY+39.3%	1.34B YoY+381.7%	278M YoY-56.6%	640M YoY+192.2%
Change in inventory	2.19B YoY+50.1%	1.46B YoY+151.4%	580M YoY-58.6%	1.40B YoY+152.0%	556M YoY+33.3%
Change in payables	410M YoY+13566.7%	3.00M YoY+100.6%	-519M YoY-155.7%	931M YoY+16.2%	801M YoY+256.1%
	-5.53B YoY-402.5%	-1.10B YoY+22.6%	-1.42B YoY-171.2%	2.00B YoY+191.4%	686M YoY+172.1%
Capital expenditure	974M YoY+53.1%	636M YoY+16.5%	546M YoY+21.3%	450M YoY+49.5%	301M YoY+2.4%
Other investing activities	-10.0M YoY-400.0%	-2.00M	0.00 YoY-100.0%	11.0M YoY+57.1%	7.00M
	-431M YoY+79.1%	-2.06B YoY-79.9%	-1.15B YoY+64.9%	-3.26B YoY-272.2%	1.90B YoY+31483.3%
Common stock repurchased	1.32B YoY+52.7%	862M YoY-12.5%	985M YoY-73.4%	3.70B YoY+110.1%	1.76B
Other financing activities	0.00 YoY+100.0%	-1.00M YoY+50.0%	-2.00M YoY+0.0%	-2.00M	0.00 YoY-100.0%
Net change in cash	1.75B YoY+1530.3%	-122M YoY+86.5%	-902M YoY-139.2%	2.30B YoY+144.7%	940M YoY+652.0%
Interest paid	91.0M YoY+26.4%	72.0M YoY-14.3%	84.0M YoY-1.2%	85.0M YoY+240.0%	25.0M YoY-19.4%
Income taxes paid	884M YoY-36.2%	1.39B YoY+165.0%	523M YoY-23.6%	685M YoY+1857.1%	35.0M YoY+337.5%
Valuation Ratios	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofDec 25 ’21
Market cap	350B YoY+72.3%	203B YoY-14.7%	238B YoY+128.0%	104B YoY-40.8%	176B YoY+59.8%
P/E	105.5× YoY-4.9%	111.0× YoY-90.3%	1145.0× YoY+2389.2%	46.0× YoY+3.0%	44.7× YoY-63.6%
P/S	10.9× YoY+30.6%	8.3× YoY-22.6%	10.8× YoY+135.2%	4.6× YoY-61.6%	11.9× YoY-4.3%
P/B	5.7× YoY+61.4%	3.6× YoY-17.9%	4.3× YoY+126.0%	1.9× YoY-92.3%	24.8× YoY-10.9%
P/FCF	64.0× YoY-50.8%	130.2× YoY-27.7%	180.2× YoY+487.2%	30.7× YoY-48.7%	59.8× YoY-61.3%
Earnings yield	0.9% YoY+5.1%	0.9% YoY+931.9%	0.1% YoY-96.0%	2.2% YoY-2.9%	2.2% YoY+174.6%
FCF yield	1.6% YoY+103.3%	0.8% YoY+38.4%	0.6% YoY-83.0%	3.3% YoY+94.9%	1.7% YoY+158.6%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: AMD's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AMD filings on SEC EDGAR → Not investment advice.

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financial statements