AMD Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-12-28), AMD reported revenue of $7.7B, gross profit of $3.9B (50.7% gross margin), operating income of $871M, and net income of $482M (6.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMD was profitable; revenue grew 24.2% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +24.2% | −27.7% | −4.5 pp |
| Quarter over quarter | +12.3% | −37.5% | −5.0 pp |
Consensus estimate data is not available for this report.
AMD Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $7.7B | 100% |
| Cost of Revenue | −$3.8B | 49.3% |
| Gross Profit | $3.9B | 50.7% |
| Research & Development | −$1.7B | 22.4% |
| Selling, General & Administrative | −$792M | 10.3% |
| Other Operating Expenses | −$507M | 6.6% |
| Operating Income | $871M | 11.4% |
| Interest Expense | −$19M | 0.2% |
| Other Income, net | $37M | 0.5% |
| Income Tax Expense | −$419M | 5.5% |
| Net Income | $482M | 6.3% |
Source: original SEC filing (filed 2025-02-04). Accession 0000002488-25-000009. Data normalized by EarningsFyi.