AMD Announces Record Financial Results for Q4 2025 and Full Year 2025

On February 3, 2026, Advanced Micro Devices (AMD) released its financial results for the fourth quarter of 2025 and the full year 2025. The company reported a significant milestone in revenue, marking a record high for the period.

Fourth Quarter Financial Highlights

• Revenue: AMD achieved a record $10.3 billion in revenue for the fourth quarter of 2025, representing a growth of 23% compared to the same quarter in 2024.
• Gross Margin: The company's gross margin for Q4 2025 was 38.7%, an increase from 36.9% reported in Q4 2024.
• Operating Income: AMD's operating income for Q4 2025 was $1.2 billion, with an operating margin of 11.6%.
• Earnings Per Share (EPS): The company reported a net income of $1.4 billion and an EPS of $0.25 per share.

Full Year Financial Highlights

• Revenue: AMD's revenue for the full year 2025 reached $39.8 billion, representing a growth of 17% compared to the same period in 2024.
• Gross Margin: The company's gross margin for the full year 2025 was 38.2%, an increase from 36.7% reported in 2024.
• Operating Income: AMD's operating income for the full year 2025 was $6.1 billion, with an operating margin of 15.3%.
• Earnings Per Share (EPS): The company reported a net income of $6.4 billion and an EPS of $0.75 per share.

Guidance for Q1 2026

AMD provided guidance for the first quarter of 2026:

• Revenue: The company expects revenue to be in the range of $9.5 billion to $10.2 billion, representing a growth rate of 15% compared to Q1 2025.
• Gross Margin: AMD expects its gross margin for Q1 2026 to be around 38.4%.
• Operating Income: The company expects operating income for Q1 2026 to be in the range of $1.3 billion to $1.7 billion, representing an operating margin of 13.5% to 16.9%.

Outlook and Strategy

AMD's CEO, Lisa Su, commented on the company's outlook and strategy:

"We are proud of our strong financial performance in Q4 2025 and full year 2025, which demonstrate the continued growth of our PC, Gaming, and EPYC markets. We remain committed to investing in research and development to drive innovation and leadership in our industry."

AMD also emphasized its focus on expanding its presence in emerging technologies such as artificial intelligence (AI), high-performance computing (HPC), and autonomous vehicles.

Conclusion

AMD's record financial results for Q4 2025 and full year 2025 demonstrate the company's continued growth and success in the semiconductor market. With a strong outlook and commitment to innovation, AMD is well-positioned to continue driving industry growth and leadership in the years to come.

Key Statistics

| Metric | Q4 2025 | Fiscal Year 2025 | | --- | --- | --- | | Revenue | $10.3 billion | $39.8 billion | | Gross Margin | 38.7% | 38.2% | | Operating Income | $1.2 billion | $6.1 billion | | EPS | $0.25 per share | $0.75 per share |

Comparison to Prior Year

| Metric | Q4 2024 | Fiscal Year 2024 | | --- | --- | --- | | Revenue | $8.3 billion | $34.2 billion | | Gross Margin | 36.9% | 36.7% | | Operating Income | $944 million | $5.6 billion | | EPS | $0.22 per share | $0.68 per share |

Key Drivers of Growth

• Revenue growth driven by strong demand for AMD's PC, Gaming, and EPYC products.
• Improved gross margin due to efficiency gains and pricing strategies.
• Operating income growth driven by increased revenue and improved profitability.

Challenges Ahead

• Continued competition in the semiconductor market.
• Risks associated with global economic uncertainty and trade tensions.
• Need for ongoing investment in research and development to drive innovation and leadership.