ADVANCED MICRO DEVICES INC

For the period ended Sep 28, 2024. Filed Oct 30, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 28, 2024 · Filed Oct 30, 2024

AMD$449.04+11.0%Stored close · as of Nov 6, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended		Nine Months Ended
	September 28,2024	September 30,2023	September 28,2024	September 30,2023
(In millions, except per share amounts)
Net revenue	$6,819	$5,800	$18,127	$16,512
Cost of sales	3,167	2,843	8,590	8,236
Amortization of acquisition-related intangibles	233	210	694	727
Total cost of sales	3,400	3,053	9,284	8,963
Gross profit	3,419	2,747	8,843	7,549
Research and development	1,636	1,507	4,744	4,361
Marketing, general and administrative	721	576	1,991	1,708
Amortization of acquisition-related intangibles	352	450	1,116	1,449
Licensing gain	(14)	(10)	(37)	(28)
Operating income	724	224	1,029	59
Interest expense	(23)	(26)	(73)	(79)
Other income (expense), net	36	59	144	148
Income before income taxes and equity income	737	257	1,100	128
Income tax (benefit)	(27)	(39)	(38)	(49)
Equity income in investee	7	3	21	10
Net income	$771	$299	$1,159	$187
Earnings per share
Basic	$0.48	$0.18	$0.72	$0.12
Diluted	$0.47	$0.18	$0.71	$0.11
Shares used in per share calculation
Basic	1,620	1,616	1,619	1,613
Diluted	1,636	1,629	1,638	1,625

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.