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Nasdaq · Technology

ADVANCED MICRO DEVICES INC (AMD)

As-reported financials and SEC filings for ADVANCED MICRO DEVICES INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About ADVANCED MICRO DEVICES INC

Advanced Micro Devices Inc (AMD) designs and manufactures high-performance computing products including CPUs, GPUs, APUs, and SoCs for various markets. Its products serve data centers, client computing, gaming, and embedded systems, providing solutions for AI infrastructure, cloud computing, gaming, and industrial applications. AMD also develops software stacks and offers customized solutions to support AI and high-performance computing workloads.

Snapshot

Revenue
$34.64B
Revenue growth (YoY)
34.3%
Net income
$4.33B
Diluted EPS
$2.65
Gross margin
49.5%
Operating margin
10.7%
Net margin
12.5%
FCF margin
19.4%
ROE
6.9%
net income / fiscal-year-end equity
P/E
132.3×
trailing when available, otherwise FY EPS
Market cap
$850.67B
Long-term debt / equity
0.04×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 27, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Advanced Micro Devices

  • Revenue grew 34.3% to $34.6B in FY2025, faster than the 13.7% the year before.
  • Operating margin is 10.7% in FY2025, -11.5 pp against 22.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $11.5B, up 50.1% from Q2 FY2025.
  • Free cash flow was $6.7B in FY2025, 19.4% of revenue.
  • Net income rose 164.2% to $4.3B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Advanced Micro Devices’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin49.5%
62nd percentile of 78
Operating margin10.7%
67th percentile of 79
Net margin12.5%
71st percentile of 80
FCF margin19.4%
75th percentile of 78
Revenue growth (YoY)+34.3%
80th percentile of 88
ROE6.9%
60th percentile of 74
P/E132.3×
91st percentile of 44
Long-term debt / equity0.04×
21st percentile of 44
Short interest1.49d
15th percentile of 88

Advanced Micro Devices’s P/E of 132.3 ranks in the 91st percentile of the 44 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 48 insider sales totaling $55.3M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 13 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
13
+7 quant / multi-strat
Initiated / added
13
6 new, 7 added
Reduced / exited
7
7 trimmed, 0 exited
Combined position
$9.96B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$1.79B3.1MReduced
AQR Capital ManagementquantQ2 2026$936.8M1.7MAdded
Citadel AdvisorsquantQ2 2026$929.1M1.6MAdded
Two Sigma InvestmentsquantQ2 2026$880.3M1.5MAdded
Whale Rock Capital ManagementQ2 2026$877.0M1.5MAdded
ARK Investment ManagementQ2 2026$822.8M1.4MReduced
Point72 Asset ManagementquantQ2 2026$771.7M1.3MReduced
Maverick CapitalQ2 2026$567.2M976.3KAdded
Millennium ManagementquantQ2 2026$501.9M864.0KReduced
Renaissance TechnologiesquantQ2 2026$463.8M829.7KAdded
Tiger Global ManagementQ2 2026$392.0M674.7KNew
Sands Capital ManagementQ2 2026$390.7M672.6KNew
Bridgewater AssociatesQ2 2026$312.9M538.6KReduced
AppaloosaQ2 2026$114.7M197.5KReduced
Gotham Asset ManagementQ2 2026$76.3M131.3KReduced
Coatue ManagementQ2 2026$55.8M96.0KNew
Duquesne Family OfficeQ2 2026$42.3M72.9KNew
Soros Fund ManagementQ2 2026$29.5M50.8KAdded
Harris Associates (Oakmark)Q2 2026$508,296875New
Polen Capital ManagementQ2 2026$242,239417New

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
48
$55.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell3.8K$474.43$1.8M
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell3.1K$476.53$1.5M
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell2.5K$472.39$1.2M
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell2.3K$473.43$1.1M
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell1.4K$475.70$680K
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell900$470.13$423K
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell800$471.14$377K
2026-08-25
filed 2026-08-27
Hu Jean X.EVP, CFO and TreasurerSell100$477.84$48K
2026-08-24
filed 2026-08-26
Norrod Forrest EugeneEVP & GM DSGSell2.6K$468.14$1.2M
2026-08-24
filed 2026-08-26
Norrod Forrest EugeneEVP & GM DSGSell2.3K$456.49$1.1M
2026-08-24
filed 2026-08-26
Norrod Forrest EugeneEVP & GM DSGSell2.1K$455.62$968K
2026-08-24
filed 2026-08-26
Norrod Forrest EugeneEVP & GM DSGSell1.9K$457.44$871K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
40.1M
settled 2026-08-14
Change vs prior
+6.1%
vs previous settlement
Days to cover
1.49
at avg daily volume
Avg daily volume
26.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1440.1M+6.1%1.49
2026-07-3137.8M-5.1%1.30
2026-07-1539.8M-4.4%1.55
2026-06-3041.6M-11.1%1.30
2026-06-1546.8M+6.1%1.50
2026-05-2944.1M-1.4%1.37
2026-05-1544.7M+23.7%1.00
2026-04-3036.1M+1.4%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$34.64B$25.79B$22.68B$23.60B$16.43B
Gross profit$17.15B$12.72B$10.46B$10.60B$7.93B
Operating income$3.69B$1.90B$401.0M$1.26B$3.65B
Net income$4.33B$1.64B$854.0M$1.32B$3.16B
Diluted EPS$2.65$1.00$0.53$0.84$2.57

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$5.54B$3.79B$3.93B$4.83B$2.54B
Current assets$26.95B$19.05B$16.77B$15.02B$8.58B
Total assets$76.93B$69.23B$67.89B$67.58B$12.42B
Current liabilities$9.46B$7.28B$6.69B$6.37B$4.24B
Long-term debt$2.35B$1.72B$1.72B$2.47B$1.0M
Total liabilities$13.93B$11.66B$11.99B$12.83B$4.92B
Total equity$63.00B$57.57B$55.89B$54.75B$7.50B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$7.71B$3.04B$1.67B$3.56B$3.52B
Capital expenditure$974.0M$636.0M$546.0M$450.0M$301.0M
Free cash flow$6.74B$2.40B$1.12B$3.12B$3.22B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$11.54B50.1%$2.30B$1.38
Q1 FY2026$10.25B37.8%$1.38B$0.84
Q4 FY2025$10.27B34.1%$1.51B$0.92
Q3 FY2025$9.25B35.6%$1.24B$0.75
Q2 FY2025$7.68B31.7%$872.0M$0.54
Q1 FY2025$7.44B35.9%$709.0M$0.44
Q4 FY2024$7.66B24.2%$482.0M$0.29
Q3 FY2024$6.82B17.6%$771.0M$0.47

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Latest annual periodFY2025 (ended December 27, 2025)
Latest reported quarterQ2 FY2026 (ended June 27, 2026)
Oldest indexed filing2017
SEC CIK2488

Selected SEC filings

10-K/A2026-02-04
View on EDGAR →
10-K2026-02-04
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-08-19
View on EDGAR →
8-K2026-08-17
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.