AMD Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-27), AMD reported revenue of $9.2B, gross profit of $4.8B (51.7% gross margin), operating income of $1.3B, and net income of $1.2B (13.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMD was profitable; revenue grew 35.6% year over year, and EPS beat consensus by $0.00.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +35.6% | +61.2% | Not available |
| Quarter over quarter | +20.3% | +42.5% | Not available |
EPS was $0.97 versus $0.97 expected.
AMD Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $9.2B | 100% |
| Cost of Revenue | −$4.5B | 48.3% |
| Gross Profit | $4.8B | 51.7% |
| Research & Development | −$2.1B | 23.1% |
| Selling, General & Administrative | −$1.1B | 11.6% |
| Other Operating Expenses | −$302M | 3.3% |
| Operating Income | $1.3B | 13.7% |
| Interest Expense | −$37M | 0.4% |
| Other Income, net | $163M | 1.8% |
| Income Tax Expense | −$153M | 1.7% |
| Net Income | $1.2B | 13.4% |
Source: original SEC filing (filed 2025-11-04). Accession 0000002488-25-000163. Data normalized by EarningsFyi.