{"id":356037,"date":"2025-11-04T22:50:26","date_gmt":"2025-11-04T22:50:26","guid":{"rendered":"https:\/\/www.europesays.com\/us\/356037\/"},"modified":"2025-11-04T22:50:26","modified_gmt":"2025-11-04T22:50:26","slug":"advanced-micro-devices-inc-amd-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/356037\/","title":{"rendered":"Advanced Micro Devices, Inc. (AMD)"},"content":{"rendered":"


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SANTA CLARA, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced financial results for the third quarter of 2025. Third quarter revenue was a record $9.2 billion, gross margin was 52%, operating income was $1.3 billion, net income was $1.2 billion and diluted earnings per share was $0.75. On a non-GAAP(*) basis, gross margin was 54%, operating income was $2.2 billion, net income was $2 billion and diluted earnings per share was $1.20. Our third quarter results did not include any revenue from shipments of AMD Instinct\u2122 MI308 GPU products to China.<\/p>\n

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“We delivered an outstanding quarter, with record revenue and profitability reflecting broad based demand for our high-performance EPYC and Ryzen processors and Instinct AI accelerators,” said Dr. Lisa Su, AMD chair and CEO. “Our record third quarter performance and strong fourth quarter guidance marks a clear step up in our growth trajectory as our expanding compute franchise and rapidly scaling data center AI business drive significant revenue and earnings growth.”<\/p>\n

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\u201cWe delivered record quarterly revenue of $9.2 billion, up 36% year-over-year, and generated record free cash flow, reflecting the strength of our leadership portfolio and disciplined execution,\u201d said Jean Hu, AMD executive vice president, chief financial officer and treasurer. \u201cOur continued investments in AI and high-performance computing are driving significant growth and position AMD to deliver long-term value creation.\u201d<\/p>\n


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\n <\/p>\n <\/p>\nGAAP Quarterly Financial Results
<\/strong><\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\n\u00a0<\/td>\n

<\/p>\n\u00a0<\/strong><\/td>\n

<\/p>\n\u00a0<\/strong><\/td>\n

<\/p>\n\u00a0<\/strong><\/td>\n

<\/p>\n\u00a0<\/strong><\/td>\n

<\/p>\n\u00a0<\/strong><\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\n\u00a0<\/td>\n

<\/p>\n\nQ3 2025<\/strong>(1)<\/strong>\n<\/td>\n

<\/p>\nQ3 2024<\/strong><\/td>\n

<\/p>\nY\/Y<\/strong><\/td>\n

<\/p>\n\nQ2 2025<\/strong>(<\/strong>2<\/strong>)<\/strong>\n<\/td>\n

<\/p>\nQ\/Q<\/strong><\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nRevenue ($M)<\/td>\n

<\/p>\n$9,246<\/td>\n

<\/p>\n$6,819<\/td>\n

<\/p>\nUp 36%<\/td>\n

<\/p>\n$7,685<\/td>\n

<\/p>\nUp 20%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nGross profit ($M)<\/td>\n

<\/p>\n$4,780<\/td>\n

<\/p>\n$3,419<\/td>\n

<\/p>\nUp 40%<\/td>\n

<\/p>\n$3,059<\/td>\n

<\/p>\nUp 56%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nGross margin<\/td>\n

<\/p>\n52%<\/td>\n

<\/p>\n50%<\/td>\n

<\/p>\nUp 2 ppts<\/td>\n

<\/p>\n40%<\/td>\n

<\/p>\nUp 12 ppts<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nOperating expenses ($M)<\/td>\n

<\/p>\n$3,510<\/td>\n

<\/p>\n$2,695<\/td>\n

<\/p>\nUp 30%<\/td>\n

<\/p>\n$3,193<\/td>\n

<\/p>\nUp 10%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nOperating income (loss) ($M)<\/td>\n

<\/p>\n$1,270<\/td>\n

<\/p>\n$724<\/td>\n

<\/p>\nUp 75%<\/td>\n

<\/p>\n$(134)<\/td>\n

<\/p>\nUp 1,048%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nOperating margin<\/td>\n

<\/p>\n14%<\/td>\n

<\/p>\n11%<\/td>\n

<\/p>\nUp 3 ppts<\/td>\n

<\/p>\n(2)%<\/td>\n

<\/p>\nUp 16 ppts<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nNet income ($M)<\/td>\n

<\/p>\n$1,243<\/td>\n

<\/p>\n$771<\/td>\n

<\/p>\nUp 61%<\/td>\n

<\/p>\n$872<\/td>\n

<\/p>\nUp 43%<\/td>\n


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<\/p>\n <\/p>\nDiluted earnings per share<\/td>\n

<\/p>\n$0.75<\/td>\n

<\/p>\n$0.47<\/td>\n

<\/p>\nUp 60%<\/td>\n

<\/p>\n$0.54<\/td>\n

<\/p>\nUp 39%<\/td>\n


\n<\/tr>\n


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\n <\/p>\n <\/p>\nNon-GAAP(*) Quarterly Financial Results
<\/strong><\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\n\u00a0<\/td>\n

<\/p>\n\u00a0<\/td>\n

<\/p>\n\u00a0<\/td>\n

<\/p>\n\u00a0<\/td>\n

<\/p>\n\u00a0<\/td>\n

<\/p>\n\u00a0<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\n\u00a0<\/td>\n

<\/p>\n\nQ3 2025<\/strong>(<\/strong>1<\/strong>)<\/strong>\n<\/td>\n

<\/p>\nQ3 2024<\/strong><\/td>\n

<\/p>\nY\/Y<\/strong><\/td>\n

<\/p>\n\nQ2 2025<\/strong>(<\/strong>2<\/strong>)<\/strong>\n<\/td>\n

<\/p>\nQ\/Q<\/strong><\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nRevenue ($M)<\/td>\n

<\/p>\n$9,246<\/td>\n

<\/p>\n$6,819<\/td>\n

<\/p>\nUp 36%<\/td>\n

<\/p>\n$7,685<\/td>\n

<\/p>\nUp 20%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nGross profit ($M)<\/td>\n

<\/p>\n$4,992<\/td>\n

<\/p>\n$3,657<\/td>\n

<\/p>\nUp 37%<\/td>\n

<\/p>\n$3,326<\/td>\n

<\/p>\nUp 50%<\/td>\n


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<\/p>\n <\/p>\nGross margin<\/td>\n

<\/p>\n54%<\/td>\n

<\/p>\n54%<\/td>\n

<\/p>\nFlat<\/td>\n

<\/p>\n43%<\/td>\n

<\/p>\nUp 11 ppts<\/td>\n


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<\/p>\n <\/p>\nOperating expenses ($M)<\/td>\n

<\/p>\n$2,754<\/td>\n

<\/p>\n$1,942<\/td>\n

<\/p>\nUp 42%<\/td>\n

<\/p>\n$2,429<\/td>\n

<\/p>\nUp 13%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nOperating income ($M)<\/td>\n

<\/p>\n$2,238<\/td>\n

<\/p>\n$1,715<\/td>\n

<\/p>\nUp 30%<\/td>\n

<\/p>\n$897<\/td>\n

<\/p>\nUp 149%<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nOperating margin<\/td>\n

<\/p>\n24%<\/td>\n

<\/p>\n25%<\/td>\n

<\/p>\nDown 1 ppt<\/td>\n

<\/p>\n12%<\/td>\n

<\/p>\nUp 12 ppts<\/td>\n


\n<\/tr>\n

<\/p>\n <\/p>\nNet income ($M)<\/td>\n

<\/p>\n$1,965<\/td>\n

<\/p>\n$1,504<\/td>\n

<\/p>\nUp 31%<\/td>\n

<\/p>\n$781<\/td>\n

<\/p>\nUp 152%<\/td>\n


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<\/p>\n <\/p>\nDiluted earnings per share<\/td>\n

<\/p>\n$1.20<\/td>\n

<\/p>\n$0.92<\/td>\n

<\/p>\nUp 30%<\/td>\n

<\/p>\n$0.48<\/td>\n

<\/p>\nUp 150%<\/td>\n


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(1) Third quarter of 2025 results do not include any revenue from shipments of the AMD Instinct\u2122 MI308 GPU products to China.
(2) Second quarter of 2025 results included $800 million in inventory and related charges as a result of the U.S. Government’s export control on AMD Instinct\u2122 MI308 data center GPU products. Excluding these charges, non-GAAP gross margin for the second quarter of 2025 would have been approximately 54%.<\/p>\n

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Segment Summary<\/strong><\/p>\n

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