AMD Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024

Earnings

Advanced Micro Devices closed out fiscal 2025 with a standout fourth quarter, posting revenue of $10.27 billion, up 34.1% year over year, and non-GAAP diluted EPS of $1.53, which cleared the $1.32 consensus estimate by nearly 16% and topped the $9.67… Read more Advanced Micro Devices closed out fiscal 2025 with a standout fourth quarter, posting revenue of $10.27 billion, up 34.1% year over year, and non-GAAP diluted EPS of $1.53, which cleared the $1.32 consensus estimate by nearly 16% and topped the $9.67 billion revenue forecast by 6.20%. The primary engine behind the quarter was the Data Center segment, which generated $5.38 billion, up 39% year over year, fueled by strong EPYC processor demand and continued ramp of Instinct GPUs. A notable tailwind came from approximately $390 million in MI308 GPU sales into China, alongside a $360 million release of previously reserved inventory charges tied to U.S. Export restrictions, effects that lifted reported non-GAAP gross margin to 57% versus an underlying 55%. For the full year, AMD reported revenue of $34.64 billion and free cash flow of $5.52 billion, more than doubling the prior year's $2.40 billion. Looking ahead, AMD guided Q1 2026 revenue to approximately $9.80 billion, implying roughly 32% year-over-year growth, with non-GAAP gross margin expected at approximately 55%.