AMD Q1 2025 Earnings — Income Statement Breakdown

For its Q1 2025 period (ending 2025-03-29), AMD reported revenue of $7.4B, gross profit of $3.7B (50.2% gross margin), operating income of $806M, and net income of $709M (9.5% net margin). The flow of revenue into costs and profit is visualized below.

What changed

AMD was profitable; revenue grew 35.9% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+35.9%+476.4%+7.3 pp
Quarter over quarter−2.9%+47.1%+3.2 pp

Consensus estimate data is not available for this report.

AMD Q1 2025 Income Statement

AMD Q1 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$7.4B100%
Cost of Revenue−$3.7B49.8%
Gross Profit$3.7B50.2%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$2.9B39.4%
Operating Income$806M10.8%
Interest Expense−$20M0.3%
Other Income, net$46M0.6%
Income Tax Expense−$123M1.7%
Net Income$709M9.5%

Source: original SEC filing (filed 2025-05-06). Accession 0000002488-25-000045. Data normalized by EarningsFyi.