AMD Earnings Reports

AMD reported a record fourth quarter revenue of $7.7 billion, up 24% year-over-year. The Data Center segment saw significant growth, with annual revenue nearly doubling. The company is optimistic about continued growth in 2025 due to its product portfolio and increasing demand for high-performance and adaptive computing.

AMD announced strong third quarter financial results, with record revenue of $6.8 billion, a gross margin of 50%, operating income of $724 million, and net income of $771 million. The company's performance was driven by higher sales of EPYC and Instinct data center products and robust demand for Ryzen PC processors. AMD is on track to deliver record annual revenue for 2024 based on significant growth in the Data Center and Client segments.

AMD announced strong Q2 2024 financial results with revenue of $5.8 billion, a gross margin of 49%, and operating income of $269 million. The company's growth was primarily driven by record Data Center segment revenue and strong growth in the Client segment. AMD is well-positioned for continued growth in the second half of the year, led by demand for Instinct, EPYC, and Ryzen processors.

AMD announced its Q1 2024 financial results, reporting revenue of $5.5 billion, a gross margin of 47%, and diluted earnings per share of $0.07. The Data Center and Client segments showed substantial growth, driven by the ramp of MI300 AI accelerator shipments and the adoption of Ryzen and EPYC processors.

AMD's Q4 2023 saw revenue of $6.2 billion, a gross margin of 47%, operating income of $342 million, and net income of $667 million, with diluted earnings per share at $0.41. The company's growth was propelled by record sales in AMD Instinct GPUs and EPYC CPUs, along with increased AMD Ryzen processor sales. AMD anticipates continued strong annual growth, driven by the increasing demand for its high-performance data center products.

AMD announced Q3 2023 revenue of $5.8 billion, a 4% increase year-over-year. The company's growth was fueled by strong demand for Ryzen 7000 series PC processors and record server processor sales. Data center business is expected to continue its growth trajectory with the ramp of Instinct MI300 accelerator shipments.

AMD announced Q2 2023 revenue of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, net income of $27 million, and diluted earnings per share of $0.02. On a non-GAAP basis, the company reported a gross margin of 50%, operating income of $1.1 billion, net income of $948 million, and diluted earnings per share of $0.58.

AMD's Q1 2023 results show a revenue of $5.4 billion, a gross margin of 44%, and a net loss of $139 million, with a diluted loss per share of $0.09. On a non-GAAP basis, the gross margin was 50%, net income was $970 million, and diluted earnings per share was $0.60. The Data Center and Embedded segments contributed more than 50% of revenue.

AMD reported Q4 2022 revenue of $5.6 billion, a 16% increase year-over-year. However, the company experienced an operating loss of $149 million due to amortization of intangible assets, while net income was $21 million. Non-GAAP EPS was $0.69.

AMD reported Q3 2022 revenue of $5.6 billion, a 29% increase year-over-year. The company experienced a GAAP operating loss of $64 million, but a non-GAAP operating income of $1.3 billion. Growth was driven by the Data Center, Gaming, and Embedded segments, while the Client segment faced challenges.

AMD reported record quarterly revenue of $6.6 billion, a 70% year-over-year increase. Growth was seen across all segments, including the inclusion of Xilinx revenue. The company's non-GAAP earnings per share reached $1.05, up from $0.63 in the prior year.

AMD reported record first quarter revenue of $5.9 billion, a 71% increase year-over-year, driven by higher revenue in the Computing and Graphics and Enterprise, Embedded and Semi-Custom segments, and the inclusion of Xilinx revenue. Non-GAAP gross margin was 53%, and non-GAAP operating income was $1.8 billion. The company's increased full-year guidance reflects higher AMD organic growth and the addition of the growing Xilinx business.

AMD reported record Q4 2021 revenue of $4.8 billion, a 49% increase year-over-year. Operating income more than doubled, and diluted earnings per share reached $0.80. The company expects continued growth in 2022, driven by its current portfolio and upcoming PC, gaming, and data center products.

AMD announced strong Q3 2021 results, with revenue increasing by 54% year-over-year to $4.3 billion. Operating income doubled, driven by higher revenue in both the Computing and Graphics segment and the Enterprise, Embedded and Semi-Custom segment. The company's growth was fueled by leadership products and consistent execution.

AMD reported exceptional second-quarter results with significant year-over-year growth in revenue, operating margin, and profitability. The company's performance exceeded expectations, driven by robust demand across all business segments.

AMD reported a strong first quarter in 2021, with revenue up 93% year-over-year to $3.45 billion. Net income tripled, reaching $555 million, and EPS also tripled year-over-year to $0.45.

AMD reported record revenue for Q3 2020 of $2.80 billion, a 56% increase year-over-year. Net income and EPS more than doubled compared to the previous year, driven by strong demand for PC, gaming, and data center products.

AMD's second-quarter results showed significant growth, with revenue reaching $1.93 billion, a 26% increase year-over-year. This growth was primarily driven by strong sales of Ryzen and EPYC processors. The company raised its full-year revenue outlook, anticipating further growth in multiple markets.

AMD reported strong first quarter 2020 financial results, with revenue up 40% year-over-year driven by Ryzen and EPYC processors. Gross margin also expanded significantly. While near-term demand uncertainty is expected, AMD's financial foundation is solid.

AMD reported strong Q4 2019 results with record revenue of $2.13 billion, a 50% increase year-over-year, driven by the Computing and Graphics segment. Gross margin expanded to 45%, and operating income reached $348 million. The company's success was attributed to the ramp of 7nm products and strong sales of Ryzen and EPYC processors.