Advanced Micro Devices, Inc.

AMD Technology Semiconductors

Advanced Micro Devices, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.6 billion, up 34.3% from fiscal 2024.

Revenue
+44.7%
EPS
+95.3%
Free cash flow
−70.7%
Total debt
+201.6%

Quarter to September 2026, against a year earlier

445.98 41.58 +10.28%
Market cap
$660.2B
P/E
88.5×
Fwd P/E
35.9×
Dividend yield
—
F-score
7/9
Altman Z
15.99
Beneish M
−2.72
Dividend safety
n/a

Advanced Micro Devices, Inc. (AMD) Operating margin

Alert me on Operating margin

Advanced Micro Devices, Inc.'s operating margin over the twelve months to 30 September 2026 was 17.7%, up 7.1 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from −12.1% (fiscal 2015) to 22.2% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Semiconductors industry median of 5.47% and above the Technology sector median of 0.02%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 10.7% 3.29
FY2024 7.37% 5.60
FY2023 1.77% (3.59)
FY2022 5.36% (16.84)
FY2021 22.2% 8.18
FY2020 14.0% 4.65
FY2019 9.37% 2.40
FY2018 6.97% 4.55
FY2017 2.42% 11.06
FY2016 −8.64% 3.41

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 21.2% 3.92
Jun 2026 17.3% 2.85
Mar 2026 14.4% (2.66)
Dec 2025 17.1% 3.32
43 more quarters

Against its own ten years

Low −12.1% High 22.2%
Ten-year median 6.97%
Current reading's percentile 91

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on AMD