Advanced Micro Devices, Inc. (AMD) income statement
NASDAQ · Technology · Semiconductors · 31,000 employees · CEO Lisa T. Su
- Price
- $504.80 -10.88%
- Market cap
- $824B
- Enterprise value
- $823B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-03 EPS est. $1.95
Advanced Micro Devices, Inc. (AMD) reported revenue of $11.5B for Q2 '26 (+50.1% year on year), operating income of $1.99B (17.3% of revenue) and net income of $2.3B. Over the last four quarters revenue was $41.3B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8B | $6.17B | $5.47B | $5.84B | $6.82B | $7.66B | $7.44B | $7.69B | $9.25B | $10.3B | $10.3B | $11.5B | |
| Cost of revenue | $3.05B | $3.26B | $2.91B | $2.97B | $3.4B | $3.78B | $3.7B | $4.63B | $4.47B | $4.69B | $4.84B | $5.33B | |
| Gross profit | $2.75B | $2.91B | $2.56B | $2.86B | $3.42B | $3.88B | $3.74B | $3.06B | $4.78B | $5.58B | $5.42B | $6.2B | |
| Research & development | $1.51B | $1.51B | $1.53B | $1.58B | $1.64B | $1.71B | $1.73B | $1.89B | $2.14B | $2.33B | $2.4B | $2.53B | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $1.2B | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | -$408M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $440M | $414M | $392M | $372M | $338M | $507M | $316M | $308M | $302M | $297M | $290M | $284M | |
| Operating expenses | $2.52B | $2.57B | $2.52B | $2.6B | $2.7B | $3.01B | $2.93B | $3.19B | $3.51B | $3.83B | $3.94B | $4.21B | |
| Operating income | $224M | $342M | $36M | $269M | $724M | $871M | $806M | -$134M | $1.27B | $1.75B | $1.48B | $1.99B | |
| Interest expense | $26M | $27M | $25M | $25M | $23M | $19M | $20M | $38M | $37M | $36M | $37M | $37M | |
| Other non-operating income (gains on investments, FX ...) | -$59M | -$49M | -$53M | -$55M | -$36M | -$37M | -$39M | -$98M | -$82M | -$358M | -$165M | -$598M | |
| Total non-operating income | $36M | $28M | $35M | $37M | $20M | $30M | $26M | $68M | $55M | $323M | $134M | $561M | |
| Income before tax | $260M | $370M | $71M | $306M | $744M | $901M | $832M | -$66M | $1.33B | $2.08B | $1.61B | $2.55B | |
| Income tax | -$39M | -$297M | -$52M | $41M | -$27M | $419M | $123M | -$834M | $153M | $455M | $238M | $246M | |
| Net income | $299M | $667M | $123M | $265M | $771M | $482M | $709M | $872M | $1.24B | $1.51B | $1.38B | $2.3B | |
| EPS (basic) | $0.18 | $0.41 | $0.08 | $0.16 | $0.48 | $0.30 | $0.44 | $0.54 | $0.76 | $0.93 | $0.85 | $1.40 | |
| EPS (diluted) | $0.18 | $0.41 | $0.08 | $0.16 | $0.47 | $0.30 | $0.44 | $0.54 | $0.76 | $0.92 | $0.84 | $1.38 | |
| Shares (basic, weighted) | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.62B | 1.63B | 1.63B | 1.63B | 1.63B | |
| Shares (diluted, weighted) | 1.63B | 1.63B | 1.64B | 1.64B | 1.64B | 1.63B | 1.63B | 1.63B | 1.64B | 1.65B | 1.65B | 1.66B | |
| Depreciation & amortization | $848M | $824M | $784M | $769M | $756M | $786M | $742M | $757M | $754M | $751M | $757M | $765M | |
| EBITDA | $1.13B | $1.22B | $873M | $1.09B | $1.52B | $1.69B | $1.59B | $721M | $2.11B | $2.86B | $2.4B | $3.35B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.32B | $5.25B | $6.48B | $6.73B | $9.76B | $16.4B | $23.6B | $22.7B | $25.8B | $34.6B | |
| Cost of revenue | $3.32B | $3.47B | $4.03B | $3.86B | $5.42B | $8.51B | $13B | $12.2B | $13.1B | $17.5B | |
| Gross profit | $1B | $1.79B | $2.45B | $2.87B | $4.35B | $7.93B | $10.6B | $10.5B | $12.7B | $17.2B | |
| Research & development | $1.01B | $1.2B | $1.43B | $1.55B | $1.98B | $2.85B | $5.01B | $5.87B | $6.46B | $8.09B | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $578M | $683M | $695M | $1.2B | $0 | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $870M | $1.65B | $1.66B | $1.58B | $0 | |
| Other operating expenses | -$98M | -$52M | $0 | -$60M | $0 | -$12M | $2B | $1.84B | $1.59B | $1.22B | |
| Operating expenses | $1.38B | $1.66B | $2B | $2.24B | $2.98B | $4.28B | $9.34B | $10.1B | $10.8B | $13.5B | |
| Operating income | -$373M | $127M | $451M | $631M | $1.37B | $3.65B | $1.26B | $401M | $1.9B | $3.69B | |
| Interest income | $2M | $6M | $18M | $15M | $8M | $8M | $65M | $206M | $182M | $215M | |
| Interest expense | $156M | $126M | $121M | $94M | $47M | $34M | $88M | $106M | $92M | $131M | |
| Other non-operating income (gains on investments, FX ...) | -$80M | $9M | $0 | $165M | $47M | -$55M | -$8M | -$197M | -$181M | -$575M | |
| Total non-operating income | -$86M | -$142M | -$123M | -$259M | -$89M | $27M | -$66M | $107M | $122M | $472M | |
| Income before tax | -$459M | -$15M | $328M | $372M | $1.28B | $3.68B | $1.2B | $508M | $2.02B | $4.17B | |
| Income tax | $39M | $18M | -$9M | $31M | -$1.21B | $513M | -$122M | -$346M | $381M | -$103M | |
| Net income | -$498M | -$33M | $337M | $341M | $2.49B | $3.16B | $1.32B | $854M | $1.64B | $4.34B | |
| EPS (basic) | -$0.60 | -$0.03 | $0.34 | $0.31 | $2.10 | $2.61 | $0.85 | $0.53 | $1.01 | $2.67 | |
| EPS (diluted) | -$0.60 | -$0.03 | $0.32 | $0.30 | $2.06 | $2.57 | $0.84 | $0.53 | $1.00 | $2.65 | |
| Shares (basic, weighted) | 835M | 952M | 982M | 1.09B | 1.18B | 1.21B | 1.56B | 1.61B | 1.62B | 1.62B | |
| Shares (diluted, weighted) | 835M | 1.04B | 1.06B | 1.12B | 1.21B | 1.23B | 1.57B | 1.63B | 1.64B | 1.64B | |
| Depreciation & amortization | $133M | $144M | $170M | $258M | $354M | $463M | $4.26B | $3.55B | $3.18B | $3B | |
| EBITDA | -$160M | $262M | $621M | $724M | $1.68B | $4.17B | $5.53B | $4.15B | $5.26B | $7.28B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-27, 10-Q 2026-03-28, 10-K 2025-12-27, 10-Q 2025-09-27, 10-Q 2025-06-28, 10-Q 2025-03-29, 10-K 2024-12-28, 10-Q 2024-09-28, 10-Q 2024-06-29
Data as of 2026-11-01