AMD Q2 2025 Earnings — Income Statement Breakdown
For its Q2 2025 period (ending 2025-06-28), AMD reported revenue of $7.7B, gross profit of $3.1B (39.8% gross margin), operating income of −$134M, and net income of $872M (11.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMD was profitable; revenue grew 31.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +31.7% | +229.1% | +6.8 pp |
| Quarter over quarter | +0.4% | +80.9% | +5.1 pp |
Consensus estimate data is not available for this report.
AMD Q2 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $7.7B | 100% |
| Cost of Revenue | −$4.6B | 60.2% |
| Gross Profit | $3.1B | 39.8% |
| Research & Development | −$1.9B | 24.6% |
| Selling, General & Administrative | −$991M | 12.9% |
| Other Operating Expenses | −$308M | 4.0% |
| Operating Income | −$134M | -1.7% |
| Interest Expense | −$38M | 0.5% |
| Other Income, net | $98M | 1.3% |
| Income Tax Expense | $834M | 10.9% |
| Net Income | $872M | 11.3% |
Source: original SEC filing (filed 2025-08-05). Accession 0000002488-25-000106. Data normalized by EarningsFyi.