ADVANCED MICRO DEVICES INC

For the period ended Jun 27, 2026. Filed Aug 5, 2026.

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.

Jun 27, 2026 · Filed Aug 5, 2026

AMD$515.21+1.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Cash Flows

	Six Months Ended
	June 27,2026	June 28,2025
(In millions)
Cash flows from operating activities:
Net income	$3,680	$1,581
Income from discontinued operations, net of tax	(3)	(104)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	427	364
Amortization of acquisition-related intangibles	1,095	1,135
Stock-based compensation	990	733
Gains from long-term investments, net	(549)	(36)
Deferred income taxes	(106)	(1,053)
Other	61	65
Changes in operating assets and liabilities:
Accounts receivable, net	(966)	1,078
Inventories	(548)	(943)
Prepaid expenses and other assets	(991)	(377)
Accounts payable	2,170	547
Accrued and other liabilities	61	(589)
Net cash provided by operating activities of continuing operations	5,321	2,401
Net cash provided by operating activities of discontinued operations	—	549
Net cash provided by operating activities	5,321	2,950
Cash flows from investing activities:
Purchases of property and equipment	(1,197)	(494)
Purchases of short-term investments	(4,555)	(796)
Proceeds from maturity of short-term investments	1,267	683
Proceeds from sale of short-term investments	286	48
Purchases of long-term investments	(844)	(358)
Acquisitions, net of cash acquired	(129)	(1,716)
Net cash used in investing activities of continuing operations	(5,172)	(2,633)
Purchases of property and equipment	—	(22)
Payment for working capital adjustment on divestiture	(243)	—
Net cash used in investing activities of discontinued operations	(243)	(22)
Net cash used in investing activities	(5,415)	(2,655)
Cash flows from financing activities:
Proceeds from debt and commercial paper issuance, net of issuance costs	—	2,441
Repayment of debt and commercial paper	—	(950)
Proceeds from sales of common stock through employee equity plans	205	159
Repurchases of common stock	(221)	(1,227)
Stock repurchases for tax withholding on employee equity plans	(341)	(76)
Other	(8)	—
Net cash provided by (used in) financing activities of continuing operations	(365)	347
Net increase (decrease) in cash, cash equivalents and restricted cash	(459)	642
Cash, cash equivalents and restricted cash at beginning of period	5,556	3,811
Cash, cash equivalents and restricted cash at end of period	$5,097	$4,453

Condensed Consolidated Statements of Cash Flows

	Six Months Ended
	June 27,2026	June 28,2025
(In millions)
Supplemental cash flow information:
Cash paid during the period for:
Income taxes, net of refunds	$777	$760
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid	$421	$333
Reissuance of treasury stock for acquisitions	$—	$860
Contingent consideration liability for acquisitions	$—	$361
Non-cash lease activities:
Operating lease right-of-use assets acquired by assuming related liabilities	$514	$231
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	$5,086	$4,442
Restricted cash included in Prepaid expenses and other current assets	11	11
Cash, cash equivalents and restricted cash at end of period	$5,097	$4,453

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.