AMD
AMD Nasdaq· Semiconductors
Last close · Oct 26, 2026
$531.28
KIRA · Stoqly’s AI analyst, in plain words
- AMD had $34.6B of revenue in fiscal 2025, up 34.3% on the year before. Over five years, revenue changed +28.8% a year on average.
- Its operating margin was 10.7%, up 3.3 pts: of every 100 in sales, about 11 is left after running the business.
- AMD made $4.3B of net profit in fiscal 2025.
- Free cash flow was $6.7B in fiscal 2025, 19.4% of revenue.
- AMD returned $1.3B to shareholders in fiscal 2025, 20% of free cash flow. The diluted share count fell 0.1%.
- AMD has $6.5B more cash than debt.
Market cap
$881.4B
P/E
136.6x
Revenue
$34.6B
Net income
$4.3B
Free cash flow
$6.7B
Operating margin
10.7%
AMD in 30 seconds · fiscal 2025
Are sales growing?
+34.3%
Yes. Sales grew 34.3% last year.
Does it make a profit?
12.5%
Yes. It keeps 12.5% of every sale as profit.
Does profit turn into cash?
19.4%
Yes. 19.4% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
136.6x
One share costs 136.6 times its yearly profit per share. Typical for its sector: 33.0x.
What AMD does
AMD designs computer chips and the software that runs on them. For data centers it sells AI accelerators, EPYC server processors (CPUs), Instinct graphics processors (GPUs) for AI work, networking chips, and FPGAs, which are chips customers can reprogram after they are made. For PCs it sells Ryzen processors for desktops and notebooks and Radeon graphics. Its custom chips power the Sony PlayStation 5 and the Microsoft Xbox Series S and X game consoles. Its embedded chips go into equipment for markets such as aerospace and defense, automotive, industrial and healthcare. AMD reports three segments: Data Center; Client and Gaming; and Embedded. Its customers include hyperscale data centers (very large cloud operators), makers of PCs and servers, and independent distributors. In data centers it competes primarily against Intel and Nvidia. Intel is its primary competitor in PC processors, and Nvidia is its principal competitor in discrete graphics.
Biggest risks, in its own words
- Intense competition in fast-changing markets, including from customers that develop their own chips.
- Its reliance on outside manufacturers to make its chips on time, in enough volume and with competitive technology.
- Export rules, tariffs and other trade measures that may limit its ability to sell to certain customers.
- Losing a significant customer, since a small number of customers make up a large part of its revenue.
- Fiscal year ends
- December 27, 2025
- Latest annual report
- 10-K · Feb 4, 2026
- Legal name
- ADVANCED MICRO DEVICES INC
- CIK
- 0000002488
AMD · AMD
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $16.4B | $23.6B | $22.7B | $25.8B | $34.6B |
| Revenue growth | 68.3% | 43.6% | −3.9% | 13.7% | 34.3% |
| Gross margin | 48.3% | 44.9% | 46.1% | 49.4% | 49.5% |
| Operating margin | 22.2% | 5.4% | 1.8% | 7.4% | 10.7% |
| Net income | $3.2B | $1.3B | $854M | $1.6B | $4.3B |
| Net margin | 19.2% | 5.6% | 3.8% | 6.4% | 12.5% |
| Diluted EPS | $2.57 | $0.84 | $0.53 | $1.00 | $2.65 |
| Cash | |||||
| Cash from operations | $3.5B | $3.6B | $1.7B | $3.0B | $7.7B |
| Capital expenditure | $301M | $450M | $546M | $636M | $974M |
| Free cash flow | $3.2B | $3.1B | $1.1B | $2.4B | $6.7B |
| FCF margin | 19.6% | 13.2% | 4.9% | 9.3% | 19.4% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $1.8B | $3.7B | $985M | $862M | $1.3B |
| Share count change | 1.8% | 27.8% | 3.4% | 0.7% | −0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $3.6B | $5.9B | $5.8B | $5.1B | $10.6B |
| Debt incl. finance leases | $313M | $2.5B | $3.2B | $1.7B | $4.1B |
| Shareholders' equity | $7.5B | $54.8B | $55.9B | $57.6B | $63.0B |
| Net debt / EBITDA | −0.8x | −2.0x | −0.7x | −0.7x | −1.0x |
| Current ratio | 2.0x | 2.4x | 2.5x | 2.6x | 2.9x |
| Interest coverage | 107.3x | 14.4x | 3.8x | 20.7x | 28.2x |
| Returns and quality | |||||
| Return on capital | 77.7% | 4.6% | 0.8% | 2.9% | 6.7% |
| Return on equity | 47.4% | 4.2% | 1.5% | 2.9% | 7.2% |
| Piotroski F-score | 6 | 5 | 6 | 8 | 8 |
| Altman Z'' | 5.5 | 5.4 | 5.9 | 6.6 | 6.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$378M
7 insiders
Of sales under plans
93%
$350M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
AMD · AMD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| AMD AMD | $881.4B | 34.3% | 10.7% | 19.4% | 6.7% | 136.6x | 8 |
| Nvidia NVDA | $5.25T | 65.5% | 60.4% | 44.8% | — | 27.3x | 4 |
| Intel INTC | $461.8B | −0.5% | −4.2% | −9.4% | −0.8% | — | 6 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $531.28 a share, the company is worth $881.4B: 136.6 times its earnings of the last four quarters.
AMD grew sales faster than 1 of its 2 similar companies. Its P/E is higher than 1 of 1.
Source: SEC EDGAR XBRL filings (CIK 0000002488). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.