Below are the financial statements of Advanced Micro Devices, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenue | 25,785a | 22,680a | 23,601a |
| Cost of sales | -12,114a | -11,278a | -11,550a |
| Amortization of acquisition-related intangibles | -946a | -942a | -1,448a |
| Total cost of sales | -13,060a | -12,220a | -12,998a |
| Gross profit | 12,725a | 10,460a | 10,603a |
| Research and development | -6,456a | -5,872a | -5,005a |
| Marketing, general and administrative | -2,783a | -2,352a | -2,336a |
| Amortization of acquisition-related intangibles | -1,448a | -1,869a | -2,100a |
| Restructuring charges | -186a | 0a | 0a |
| Licensing gain | -48a | -34a | -102a |
| Operating income | 1,900a | 401a | 1,264a |
| Interest expense | -92a | -106a | -88a |
| Other income (expense), net | 181a | 197a | 8a |
| Income before income taxes and equity income | 1,989a | 492a | 1,184a |
| Income tax provision (benefit) | -381a | -346a | -122a |
| Equity income in investee | 33a | 16a | 14a |
| Net income | 1,641a | 854a | 1,320a |
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