Skip to content
AnalystLens

ADVANCED MICRO DEVICES INCAMD

Sector
Technology
Industry
Semiconductors & Related Devices
Exchange
Nasdaq

Stock Price $AMD

Latest filings

You are here#8 of 67 in Technology by market cap

Filing record · 2016–202610-K1210-Q328-K136

AMD filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 136 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Mar ’17Mar ’17
  2. Leadership change8-K · Feb ’20Feb ’20
  3. Deal closed8-K · Jun ’22Jun ’22
  4. Leadership change8-K · Dec ’25Dec ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  18. $34.64B
YoY changeLargest recent move+68.3%in FY21Latest +34.3%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All AMD Financial Metrics62 metrics

Income Statement16

Balance Sheet28

Cash Flow14

Per Share4

02—Overview

ADVANCED MICRO DEVICES INC Financial Overview 2021–2025

Updated Jul 10, 2026

Advanced Micro Devices executed a staggering pivot in its core business, punctuated by a 94%a surge in Data Center revenue during FY2024 that fundamentally altered its growth trajectory. This explosive demand for server and AI infrastructure proves the company has successfully transitioned from a legacy consumer PC chipmaker into a primary enterprise AI powerhouse.

The financial transformation is stark. Total net revenue more than doubled, growing from $16.4 billion in FY2021 to $34.6 billionb in FY2025. This expansion was heavily driven by hyperscale cloud demand for EPYC processors and Instinct GPUs, which pushed Data Center sales to $16.6 billion in FY2025, representing a 32% year-over-year increase. The consumer business also delivered, with the Client and Gaming segment jumping 51% to $14.6 billion. To accelerate this market capture, the company heavily funded product innovation, expanding research and development expenses by 25% to $8.1 billion in FY2025.

Investors have eagerly priced in this momentum. At the close of FY2025, the market valued the company at a $350.4 billionc market cap, with the stock finishing at $214.99. This price represented a premium 81.1x price-to-earnings multiple, reflecting aggressive market expectations that major commercial deployments—including supply agreements with Meta and OpenAI—will continue to scale. By the end of FY2025, the company fortified its balance sheet with $10.6 billion in cash and short-term investments to back its expanding infrastructure ambitions.

Recent Developments (Q4 2025 and Q1 2026)

Advanced Micro Devices accelerated its financial momentum in Q1 2026, posting $10.3 billiond in net revenue for a 38% year-over-year increase. Gross margins climbed to 53%, and net income more than doubled to $1.4 billion. This growth was anchored by a landmark arrangement with Meta in February 2026, which includes a binding commitment to purchase at least one gigawatt equivalent of Instinct GPUs. To incentivize scale, the company issued performance warrants to Meta for up to 160 million shares. Operations were further optimized by completing the $3.2 billion acquisition of ZT Systems before immediately selling its manufacturing arm for $2.4 billion.

Bulls view the massive gigawatt-scale hyperscaler commitments as a guarantee of highly visible, compounding cash flow. Conversely, bears warn the stock is priced for absolute perfection, trading at a steep 159.0x earnings as of the May 6, 2026 reporting date.

What to watch: progress on Meta's GPU deployment milestones; vesting thresholds for CEO Lisa Su's $75 millione performance award

03—Filings

Recent SEC Filings

  1. 8-KADVANCED MICRO DEVICES INC 8-K Report, Unregistered Securities Sale (Sep 28, 2026)Advanced Micro Devices, Inc. (AMD) announced its entry into an Agreement and Plan of Merger to acquire World Labs Technologies, Inc. for approximately $8.2 billion. This strategic acquisition will be entirely funded through the issuance of AMD's common stock, valued based on the average daily volume-weighted average price of its stock over a ten-day trading period prior to closing. The exact number of shares to be issued will be determined closer to the acquisition's completion. This transaction represents a significant move by AMD to expand its technological capabilities, though the specific strategic benefits of acquiring World Labs are not detailed in this filing. Investors should note that the issuance of stock for this acquisition is being conducted under exemptions from registration, specifically Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D, meaning it is not a public offering and no general solicitation or advertising will be employed. The market impact will depend on the final share count and the perceived value of World Labs to AMD's future growth.
  2. 8-KADVANCED MICRO DEVICES INC 8-K Report, Executive Changes (Aug 19, 2026)This 8-K filing from Advanced Micro Devices, Inc. (AMD) announces a change in its Board of Directors, effective August 19, 2026. Mr. Joe Householder is retiring after a decade of service, a move described as amicable and not due to any disagreements. In conjunction with his retirement, the Board has appointed Mr. Tim Ryan as a new independent director. Mr. Ryan's appointment is intended to fill the vacancy created by Mr. Householder's departure and maintains the Board's composition of independent directors. Furthermore, the filing details adjustments to key committee leadership within the Board. Ms. KC McClure will take over as the Chair of the Audit and Finance Committee, succeeding Mr. Householder, while Ms. Nora Denzel, the Lead Independent Director, will also join this committee. These changes reflect the Board's ongoing governance structure and commitment to effective oversight.
  3. 8-KADVANCED MICRO DEVICES INC 8-K Report, Material Agreement (Aug 17, 2026)Advanced Micro Devices, Inc. (AMD) announced the successful closing of a public offering of $4.75 billion in senior notes on August 17, 2026. This offering comprises four tranches with varying maturity dates and interest rates: $1.25 billion in 4.600% Senior Notes due 2029, $1.50 billion in 5.000% Senior Notes due 2031, $1.00 billion in 5.250% Senior Notes due 2033, and $1.00 billion in 5.500% Senior Notes due 2036. The net proceeds from this offering are designated for general corporate purposes, which may include debt repayment, providing AMD with significant financial flexibility.
  4. 8-KADVANCED MICRO DEVICES INC 8-K Report, Financial Results (Aug 4, 2026)Advanced Micro Devices, Inc. (AMD) has filed an 8-K report on August 4, 2026, to announce its financial results for the second quarter of 2026, which ended on June 27, 2026. The filing includes a press release (Exhibit 99.1) and a financial presentation (Exhibit 99.2) detailing these results. Investors should note that while GAAP financial information is presented, the company also provides non-GAAP financial measures and forward-looking guidance, which are often used in earnings calls. These non-GAAP figures should be considered alongside, but not as a replacement for, GAAP results. The primary purpose of this 8-K is to furnish the earnings release and presentation to the SEC, making this information accessible to the public and investors. The company has also included a disclaimer stating that this information is furnished and not "filed" for the purposes of Section 18 of the Exchange Act, meaning it may not be automatically incorporated by reference into future SEC filings unless specifically referenced.
  5. 8-KADVANCED MICRO DEVICES INC 8-K Report, Executive Changes (Jul 1, 2026)Advanced Micro Devices, Inc. (AMD) has filed an 8-K report detailing significant changes to the compensation of its key executive officers, effective July 1, 2026. This filing announces base salary increases for several top executives, including CEO Lisa Su, CFO Jean Hu, and CTO Mark Papermaster, reflecting their continued leadership roles and contributions to the company. These adjustments are standard practice to retain top talent and align compensation with market rates for senior leadership positions. More notably, the report outlines substantial long-term incentive awards to be granted on August 15, 2026. These awards will be primarily in the form of Performance-Based Restricted Stock Units (PRSUs) and Time-Based Restricted Stock Units (RSUs) under the Company's 2023 Equity Incentive Plan. The PRSUs have a complex performance structure tied to AMD's Total Shareholder Return (TSR) relative to the S&P 500 and the company's non-GAAP Earnings Per Share (EPS) for fiscal year 2028. This structure aims to strongly incentivize executives to drive significant long-term value and stock price appreciation for shareholders.
View all 8-K filings →
View all filings (10-K, 10-Q, 8-K, proxy & more) →

04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.