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AMDAMD

Revenue: is the business selling more than it used to?

$34.6B+34% YoYFY 2025

→Revenue reached $34.6B in 2025, compounding +14% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $41.3B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Net income: how much of that revenue becomes profit?

$4.3B+164% YoYFY 2025

→Net income was $4.3B in 2025, compounding +49% a year over three years. Earnings per share moved +127% over the last twelve months. Trailing twelve-month profit stands at $6.4B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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How fast is it growing, year by year?

+34.3%revenue growth, FY 2025

→Revenue grew +34% in 2025 against a five-year average of +31%. Earnings grew faster (+164%), so each new dollar of sales is arriving more profitably. 2012's swing into loss (-341%) and 2020's +630% earnings rebound off a collapsed base sits off the axis.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Revenue per share: is your slice growing as fast as the company?

$21.17revenue per share, FY 2025

→Revenue per share reached $21.17 in 2025, compounding +12% a year against +14% for AMD as a whole. Dilution absorbed about 1.5 points of that growth. Free cash flow per share stands at $4.12.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Free cash flow: what is left in real cash after everything?

$6.7B+180% YoYFY 2025

→Free cash flow was $6.7B in 2025, compounding +29% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $8.4B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Where does each dollar of revenue actually go?

→Of $34.6B in 2025 sales, $4.3B reaches net profit - 13 cents on the dollar. The largest single deduction is producing the product ($17.5B).

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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How much of every sales dollar ends up as free cash?

→19 cents of every sales dollar became free cash in 2025, up 6 points since 2022.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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What does staying competitive cost, per dollar of sales?

→The biggest claim on each sales dollar is research and development, at 23% of revenue (stock compensation 5%, capital spending 3%).

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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When sales grow, do profits grow faster?

→Operating profit outgrew revenue in 3 of the last 5 years, most recently +94% against +34%. Each additional dollar of sales is landing more profitably than the last - the definition of operating leverage.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Margins: of every $1 of sales, how much survives each cost layer?

→Operating margin widened 5 points to 11% since 2022. After everything, 13 cents of each sales dollar reaches net profit.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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What does it earn on the money it uses?

→ROE of 10% sits well above ROCE of 5%. A meaningful share of the shareholder return is manufactured with leverage rather than operations.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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What has the market paid for AMD over time?

121.4xP/E today

→At 121.4x earnings, the market is paying +24% more than AMD's own 8-year median of 97.8x. Expectations are elevated, so more has to go right to justify the price.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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What cash return does the business throw off per dollar of market value?

1.1%FCF yield today

→Every dollar of market value currently buys 1.1% of annual free cash flow, more than its 11-year median of 0.8% - the cash is cheaper than usual.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Could it handle its debt if things went wrong?

→The company holds $5.1B in cash against $3.2B of debt - a net-cash balance sheet, which means a bad year is an inconvenience rather than a threat.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Is the company's own capital growing?

→The company's own capital grew from $55.9B in 2023 to $67.2B (+20%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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How much goes back, and how much leaks out as stock comp?

→Shareholders received $1.3B in buybacks in 2025. Stock compensation issued $1.6B of new shares in the same year, offsetting 100% of that.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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How fast is your ownership being diluted - or concentrated?

→The share count shrank 0.1% in 2025. Buybacks are concentrating your ownership: the same business, split fewer ways.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Does AMD earn more on its capital than that capital costs?

→AMD earns 5.5% on the capital it employs, below the 10% most investors treat as the cost of capital. It was 2.1% in 2022, so the trend is up, and the pace is picking up.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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AMD has issued or retired shares - did shareholders end up better off?

→AMD issued +120% more shares from 2011 to 2025, but revenue per share still rose +139%. The dilution bought more growth than it cost existing holders.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27

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Are the people running it buying or selling?

→Insiders sold $185M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 16 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-27