Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise
beta
Latest Financials
Filings:
By Category
By Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
Company Exhibits:
Indentures
Material Contracts & Credit Agreements
Plans of Reorganization
Articles and Bylaws
Underwriting Agreements
SEC Edgar
ADVANCED MICRO DEVICES INC
Notes
Support
about
terms
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
ADVANCED MICRO DEVICES INC
Notes
Support
about
terms
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
ADVANCED MICRO DEVICES INC
Notes
Support
about
terms
$
AMD
ADVANCED MICRO DEVICES INC
CIK:
0000002488
|
SEC Filings
Income Statement
Cash Flow
Balance Sheet
v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Income Statement [Abstract]
Net revenue
$ 11,536
$ 7,685
$ 21,789
$ 15,123
Cost of sales
5,073
4,366
9,649
7,817
Amortization of acquisition-related intangibles
260
260
521
511
Total cost of sales
5,333
4,626
10,170
8,328
Gross profit
6,203
3,059
11,619
6,795
Research and development
2,528
1,894
4,925
3,622
Marketing, general and administrative
1,401
991
2,654
1,877
Amortization of acquisition-related intangibles
284
308
574
624
Total operating expenses
4,213
3,193
8,153
6,123
Operating Income (Loss), Total
1,990
(134)
3,466
672
Interest expense
(37)
(38)
(74)
(58)
Other income (expense), net
598
98
763
137
Income (loss) from continuing operations before income taxes and equity income
2,551
(74)
4,155
751
Income tax provision (benefit)
252
(834)
490
(711)
Equity income in investee
6
8
12
15
Income from continuing operations, net of tax
2,305
768
3,677
1,477
Income (loss) from discontinued operations, net of tax
(8)
104
3
104
Net income
$ 2,297
$ 872
$ 3,680
$ 1,581
Earnings per share
Basic earnings from continuing operations
$ 1.41
$ 0.47
$ 2.25
$ 0.91
Basic earnings (loss) from discontinued operations
(0.01)
0.07
0.01
0.07
Basic earnings per share
1.40
0.54
2.26
0.98
Diluted earnings from continuing operations
1.39
0.47
2.22
0.91
Diluted earnings (loss) from discontinued operations
(0.01)
0.07
0
0.06
Diluted earnings per share
$ 1.38
$ 0.54
$ 2.22
$ 0.97
Shares used in per share calculation
Basic
1,632
1,623
1,631
1,621
Diluted
1,659
1,630
1,655
1,628
v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash flows from operating activities:
Net income
$ 3,680
$ 1,581
Income from discontinued operations, net of tax
(3)
(104)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
427
364
Amortization of acquisition-related intangibles
1,095
1,135
Stock-based compensation
990
733
Deferred Income Taxes and Tax Credits
(106)
(1,053)
(Gains) losses on long-term investmetns, net
(549)
(36)
Other
61
65
Changes in operating assets and liabilities:
Accounts receivable, net
(966)
1,078
Inventories
(548)
(943)
Prepaid expenses and other assets
(991)
(377)
Accounts payable
2,170
547
Accrued and other liabilities
61
(589)
Cash Provided by (Used in) Operating Activity, Continuing Operation, Total
5,321
2,401
Cash Provided by (Used in) Operating Activity, Discontinued Operation
0
549
Net cash provided by operating activities of continuing operations
5,321
2,950
Cash flows from investing activities:
Purchases of property and equipment
(1,197)
(494)
Purchases of short-term investments
(4,555)
(796)
Proceeds from maturity of short-term investments
1,267
683
Proceeds from sale of short-term investments
286
48
Purchases of long-term investments
(844)
(358)
Acquisitions, net of cash acquired
(129)
(1,716)
Net cash used in investing activities of continuing operations
(5,172)
(2,633)
Purchases of property and equipment
(22)
Payment for working capital adjustment on divestiture
(243)
Net cash used in investing activities of discontinued operations
(243)
(22)
Net cash used in investing activities
(5,415)
(2,655)
Cash flows from financing activities:
Proceeds from debt and commercial paper issuance, net of issuance costs
0
2,441
Repayments of Commercial Paper
0
(950)
Proceeds from sales of common stock through employee equity plans
205
159
Repurchases of common stock
(221)
(1,227)
Stock repurchases for tax withholding on employee equity plans
(341)
(76)
Proceeds from (Payment for) Other Financing Activity
(8)
0
Net cash provided by (used in) financing activities of continuing operations
(365)
347
Net increase (decrease) in cash, cash equivalents and restricted cash
(459)
642
Cash, cash equivalents and restricted cash at end of period
5,097
4,453
Supplemental cash flow information:
Income Tax Paid, after Refund Received
777
760
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid
421
333
Stock Issued During Period, Value, Treasury Stock Reissued
860
Asset Acquisition, Contingent Consideration, Liability
361
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability
514
231
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents
5,086
4,442
Restricted cash included in Prepaid expenses and other current assets
11
11
Cash, cash equivalents and restricted cash at end of period
$ 5,097
$ 4,453
v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Jun. 27, 2026
Dec. 27, 2025
Current assets:
Cash and cash equivalents
$ 5,086
$ 5,539
Short-term investments
8,025
5,013
Accounts receivable, net
7,281
6,315
Inventories
8,468
7,920
Prepaid expenses and other current assets
2,662
2,160
Total current assets
31,522
26,947
Property and equipment, net
3,439
2,312
Goodwill
25,470
25,126
Acquisition-related intangibles, net
15,635
16,705
Deferred tax assets
494
384
Other non-current assets
7,904
5,452
Total assets
84,464
76,926
Current liabilities:
Accounts payable
5,359
2,929
Accrued liabilities
5,546
5,250
Current portion of long-term debt, net
875
874
Other current liabilities
301
402
Total current liabilities
12,081
9,455
Long-term debt, net
2,351
2,348
Long-term operating lease liabilities
1,050
625
Deferred tax liabilities
300
313
Other long-term liabilities
1,458
1,186
Commitments and contingencies (See Note 10)
Capital stock:
Common stock, par value $0.01; shares authorized: 4,000; shares issued: 1,632 and 1,695; shares outstanding: 1,632 and 1,630
16
17
Additional paid-in capital
61,373
63,365
Treasury stock, at cost (shares held: — and 65)
0
(7,079)
Retained earnings
5,909
6,699
Accumulated other comprehensive loss
(74)
(3)
Total stockholders’ equity
67,224
62,999
Total liabilities and stockholders’ equity
$ 84,464
$ 76,926
Common stock, authorized (in shares)
4,000,000
4,000,000
Common stock, par value (in dollars per share)
$ 0.01
$ 0.01