AMD Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-12-27), AMD reported revenue of $10.3B, gross profit of $5.6B (54.3% gross margin), operating income of $1.8B, and net income of $1.5B (14.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMD was profitable; revenue grew 34.1% year over year, and EPS beat consensus by $0.13.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +34.1% | +213.5% | Not available |
| Quarter over quarter | +11.1% | +21.6% | +1.3 pp |
EPS was $1.24 versus $1.11 expected.
AMD Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $10.3B | 100% |
| Cost of Revenue | −$4.7B | 45.7% |
| Gross Profit | $5.6B | 54.3% |
| Research & Development | −$2.3B | 22.7% |
| Selling, General & Administrative | −$1.2B | 11.7% |
| Other Operating Expenses | −$297M | 2.9% |
| Operating Income | $1.8B | 17.1% |
| Interest Expense | −$36M | 0.4% |
| Other Income, net | $322M | 3.1% |
| Income Tax Expense | −$455M | 4.4% |
| Net Income | $1.5B | 14.7% |
Source: original SEC filing (filed 2026-02-03). Accession 0000002488-26-000014. Data normalized by EarningsFyi.