Advanced Micro Devices Inc
NASDAQ:AMD
Income Statement
Earnings Waterfall
Advanced Micro Devices Inc
Revenue
|
22.7B
USD
|
Cost of Revenue
|
-12.2B
USD
|
Gross Profit
|
10.5B
USD
|
Operating Expenses
|
-10.1B
USD
|
Operating Income
|
367m
USD
|
Other Expenses
|
487m
USD
|
Net Income
|
854m
USD
|
Income Statement
Advanced Micro Devices Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 299
N/A
|
5 608
+6%
|
5 888
+5%
|
5 856
-1%
|
5 506
-6%
|
5 139
-7%
|
4 640
-10%
|
4 272
-8%
|
3 991
-7%
|
3 793
-5%
|
3 878
+2%
|
4 124
+6%
|
4 272
+4%
|
4 618
+8%
|
4 742
+3%
|
5 019
+6%
|
5 253
+5%
|
5 722
+9%
|
6 327
+11%
|
6 396
+1%
|
6 475
+1%
|
6 100
-6%
|
5 875
-4%
|
6 023
+3%
|
6 731
+12%
|
7 245
+8%
|
7 646
+6%
|
8 646
+13%
|
9 763
+13%
|
11 422
+17%
|
13 340
+17%
|
14 852
+11%
|
16 434
+11%
|
18 876
+15%
|
21 576
+14%
|
22 828
+6%
|
23 601
+3%
|
23 067
-2%
|
21 876
-5%
|
22 111
+1%
|
22 680
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 321)
|
(3 588)
|
(3 829)
|
(3 824)
|
(3 667)
|
(3 461)
|
(3 228)
|
(3 115)
|
(2 911)
|
(2 770)
|
(2 768)
|
(3 194)
|
(3 274)
|
(3 511)
|
(3 568)
|
(3 333)
|
(3 466)
|
(3 716)
|
(4 055)
|
(4 034)
|
(4 028)
|
(3 729)
|
(3 535)
|
(3 567)
|
(3 863)
|
(4 080)
|
(4 254)
|
(4 801)
|
(5 416)
|
(6 306)
|
(7 242)
|
(7 898)
|
(8 505)
|
(9 716)
|
(11 218)
|
(12 202)
|
(12 998)
|
(12 923)
|
(12 317)
|
(12 159)
|
(12 220)
|
|
Gross Profit |
1 978
N/A
|
2 020
+2%
|
2 059
+2%
|
2 032
-1%
|
1 839
-9%
|
1 678
-9%
|
1 412
-16%
|
1 157
-18%
|
1 080
-7%
|
1 023
-5%
|
1 110
+9%
|
930
-16%
|
998
+7%
|
1 107
+11%
|
1 174
+6%
|
1 686
+44%
|
1 787
+6%
|
2 006
+12%
|
2 272
+13%
|
2 362
+4%
|
2 447
+4%
|
2 371
-3%
|
2 340
-1%
|
2 456
+5%
|
2 868
+17%
|
3 165
+10%
|
3 392
+7%
|
3 845
+13%
|
4 347
+13%
|
5 116
+18%
|
6 098
+19%
|
6 954
+14%
|
7 929
+14%
|
9 160
+16%
|
10 358
+13%
|
10 626
+3%
|
10 603
0%
|
10 144
-4%
|
9 559
-6%
|
9 952
+4%
|
10 460
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 891)
|
(1 831)
|
(1 782)
|
(1 765)
|
(1 696)
|
(1 633)
|
(1 564)
|
(1 478)
|
(1 415)
|
(1 403)
|
(1 394)
|
(1 421)
|
(1 468)
|
(1 515)
|
(1 567)
|
(1 643)
|
(1 712)
|
(1 795)
|
(1 882)
|
(1 941)
|
(1 996)
|
(2 062)
|
(2 125)
|
(2 205)
|
(2 297)
|
(2 395)
|
(2 508)
|
(2 698)
|
(2 978)
|
(3 266)
|
(3 591)
|
(3 951)
|
(4 293)
|
(5 314)
|
(6 822)
|
(8 107)
|
(9 441)
|
(10 005)
|
(9 968)
|
(10 075)
|
(10 093)
|
|
Selling, General & Administrative |
(674)
|
(650)
|
(633)
|
(627)
|
(607)
|
(582)
|
(560)
|
(517)
|
(475)
|
(450)
|
(435)
|
(446)
|
(460)
|
(478)
|
(488)
|
(503)
|
(516)
|
(527)
|
(542)
|
(558)
|
(562)
|
(598)
|
(645)
|
(682)
|
(750)
|
(779)
|
(805)
|
(893)
|
(995)
|
(1 115)
|
(1 241)
|
(1 344)
|
(1 448)
|
(1 726)
|
(1 977)
|
(2 158)
|
(2 336)
|
(2 324)
|
(2 279)
|
(2 298)
|
(2 352)
|
|
Research & Development |
(1 199)
|
(1 165)
|
(1 133)
|
(1 124)
|
(1 075)
|
(1 037)
|
(994)
|
(954)
|
(937)
|
(939)
|
(949)
|
(970)
|
(1 008)
|
(1 037)
|
(1 079)
|
(1 140)
|
(1 196)
|
(1 268)
|
(1 340)
|
(1 383)
|
(1 434)
|
(1 464)
|
(1 480)
|
(1 523)
|
(1 547)
|
(1 616)
|
(1 703)
|
(1 805)
|
(1 983)
|
(2 151)
|
(2 350)
|
(2 607)
|
(2 845)
|
(3 295)
|
(3 936)
|
(4 450)
|
(5 005)
|
(5 356)
|
(5 499)
|
(5 727)
|
(5 872)
|
|
Depreciation & Amortization |
(18)
|
(16)
|
(16)
|
(14)
|
(14)
|
(14)
|
(10)
|
(7)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(293)
|
(909)
|
(1 499)
|
(2 100)
|
(2 325)
|
(2 190)
|
(2 050)
|
(1 869)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(10)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
87
N/A
|
189
+117%
|
277
+47%
|
267
-4%
|
143
-46%
|
45
-69%
|
(152)
N/A
|
(321)
-111%
|
(335)
-4%
|
(380)
-13%
|
(284)
+25%
|
(491)
-73%
|
(470)
+4%
|
(408)
+13%
|
(393)
+4%
|
43
N/A
|
75
+74%
|
211
+181%
|
390
+85%
|
421
+8%
|
451
+7%
|
309
-31%
|
215
-30%
|
251
+17%
|
571
+127%
|
770
+35%
|
884
+15%
|
1 147
+30%
|
1 369
+19%
|
1 850
+35%
|
2 507
+36%
|
3 003
+20%
|
3 636
+21%
|
3 846
+6%
|
3 536
-8%
|
2 519
-29%
|
1 162
-54%
|
139
-88%
|
(409)
N/A
|
(123)
+70%
|
367
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(175)
|
(180)
|
(185)
|
(184)
|
(171)
|
(166)
|
(164)
|
(165)
|
(180)
|
(162)
|
(163)
|
(163)
|
(153)
|
(148)
|
(140)
|
(132)
|
(123)
|
(130)
|
(128)
|
(125)
|
(106)
|
(118)
|
(113)
|
(108)
|
(80)
|
(81)
|
(69)
|
(55)
|
(39)
|
(35)
|
(31)
|
(27)
|
30
|
(74)
|
(99)
|
(126)
|
(85)
|
(118)
|
(111)
|
(103)
|
99
|
|
Non-Reccuring Items |
17
|
64
|
69
|
47
|
(365)
|
(452)
|
(452)
|
(500)
|
(129)
|
(32)
|
1
|
12
|
30
|
47
|
39
|
76
|
40
|
13
|
(12)
|
(12)
|
(12)
|
40
|
40
|
0
|
(116)
|
(168)
|
(168)
|
(166)
|
(54)
|
(64)
|
(63)
|
(47)
|
5
|
84
|
88
|
118
|
102
|
35
|
38
|
40
|
34
|
|
Total Other Income |
(3)
|
(21)
|
(70)
|
(71)
|
(5)
|
16
|
63
|
65
|
(2)
|
(3)
|
150
|
146
|
145
|
143
|
(9)
|
(8)
|
0
|
14
|
17
|
12
|
(3)
|
13
|
16
|
27
|
(3)
|
15
|
12
|
8
|
(1)
|
(2)
|
(3)
|
83
|
(2)
|
67
|
74
|
12
|
5
|
105
|
144
|
178
|
(8)
|
|
Pre-Tax Income |
(74)
N/A
|
52
N/A
|
91
+75%
|
59
-35%
|
(398)
N/A
|
(557)
-40%
|
(705)
-27%
|
(921)
-31%
|
(646)
+30%
|
(577)
+11%
|
(296)
+49%
|
(496)
-68%
|
(448)
+10%
|
(366)
+18%
|
(503)
-37%
|
(21)
+96%
|
(8)
+62%
|
108
N/A
|
267
+147%
|
296
+11%
|
330
+11%
|
244
-26%
|
158
-35%
|
170
+8%
|
372
+119%
|
536
+44%
|
659
+23%
|
934
+42%
|
1 275
+37%
|
1 749
+37%
|
2 410
+38%
|
3 012
+25%
|
3 669
+22%
|
3 923
+7%
|
3 599
-8%
|
2 523
-30%
|
1 184
-53%
|
161
-86%
|
(338)
N/A
|
(8)
+98%
|
492
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(9)
|
(10)
|
(9)
|
(5)
|
(6)
|
(3)
|
(1)
|
(14)
|
(12)
|
(40)
|
(44)
|
(39)
|
(43)
|
(17)
|
(35)
|
(1 148)
|
(1 151)
|
(1 154)
|
(1 144)
|
22
|
43
|
47
|
52
|
(44)
|
(63)
|
(65)
|
(70)
|
1 210
|
1 127
|
1 018
|
948
|
(513)
|
(537)
|
(478)
|
(261)
|
122
|
222
|
299
|
203
|
346
|
|
Income from Continuing Operations |
(83)
|
43
|
81
|
50
|
(403)
|
(563)
|
(708)
|
(922)
|
(660)
|
(589)
|
(336)
|
(540)
|
(487)
|
(409)
|
(520)
|
(56)
|
(1 156)
|
(1 043)
|
(887)
|
(848)
|
352
|
287
|
205
|
222
|
328
|
473
|
594
|
864
|
2 485
|
2 876
|
3 428
|
3 960
|
3 156
|
3 386
|
3 121
|
2 262
|
1 306
|
383
|
(39)
|
195
|
838
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(8)
|
(10)
|
(12)
|
(12)
|
(9)
|
(7)
|
(6)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
1
|
2
|
2
|
5
|
7
|
8
|
9
|
6
|
7
|
9
|
11
|
14
|
12
|
14
|
13
|
16
|
|
Net Income (Common) |
(83)
N/A
|
43
N/A
|
81
+88%
|
50
-38%
|
(403)
N/A
|
(563)
-40%
|
(708)
-26%
|
(922)
-30%
|
(660)
+28%
|
(589)
+11%
|
(339)
+42%
|
(548)
-62%
|
(497)
+9%
|
(421)
+15%
|
(532)
-26%
|
(65)
+88%
|
(33)
+49%
|
81
N/A
|
239
+195%
|
280
+17%
|
337
+20%
|
272
-19%
|
191
-30%
|
209
+9%
|
341
+63%
|
487
+43%
|
609
+25%
|
879
+44%
|
2 490
+183%
|
2 883
+16%
|
3 436
+19%
|
3 969
+16%
|
3 162
-20%
|
3 393
+7%
|
3 130
-8%
|
2 273
-27%
|
1 320
-42%
|
395
-70%
|
(25)
N/A
|
208
N/A
|
854
+311%
|
|
EPS (Diluted) |
-0.11
N/A
|
0.05
N/A
|
0.1
+100%
|
0.06
-40%
|
-0.52
N/A
|
-0.73
-40%
|
-0.91
-25%
|
-1.18
-30%
|
-0.84
+29%
|
-0.75
+11%
|
-0.41
+45%
|
-0.69
-68%
|
-0.6
+13%
|
-0.44
+27%
|
-0.56
-27%
|
-0.07
+88%
|
-0.03
+57%
|
0.07
N/A
|
0.2
+186%
|
0.26
+30%
|
0.33
+27%
|
0.25
-24%
|
0.18
-28%
|
0.2
+11%
|
0.29
+45%
|
0.39
+34%
|
0.49
+26%
|
0.73
+49%
|
2.06
+182%
|
2.35
+14%
|
2.8
+19%
|
3.23
+15%
|
2.57
-20%
|
2.4
-7%
|
1.91
-20%
|
1.39
-27%
|
0.84
-40%
|
0.23
-73%
|
-0.02
N/A
|
0.12
N/A
|
0.53
+342%
|