Filing Flows › Advanced Micro Devices (AMD) › Q1 2025
Advanced Micro Devices (AMD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Advanced Micro Devices (AMD) reported revenue of $7.4B for the first quarter 2025 (Q1 2025), +36% from a year earlier and -3% from the quarter before. Operating margin was 10.8%, net earnings $709M (9.5% of revenue).
Advanced Micro Devices, Q1 2025: revenue $7.4B (+36% year over year), operating margin 10.8%, net earnings $709M, operating cash flow $939M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4B | -3% | +36% |
| Gross profit | $3.7B | -4% | +46% |
| Operating profit | $806M | -7% | 22× |
| Net earnings | $709M | +47% | +476% |
| Operating cash flow | $939M | -28% | +80% |
| Free cash flow | $727M | -33% | +92% |
What changed
Revenue was $7.4B in Q1 2025, up 36% year over year and down 3% from the previous quarter.
Gross margin was 50.2%, up 3.5 points from a year earlier. Operating profit was $0.81B, a 10.8% margin (up 10.2 points year over year). Of the extra revenue versus a year earlier, 39% reached operating profit, above the 1% margin then. Operating expenses grew 16% against revenue growth of 36%. The fastest-growing cost line was SG&A (+46%). Net earnings were $0.71B, up 476% year over year. The effective tax rate was 14.8%.
Operating cash flow was $0.94B (up 80% year over year), 132% of net earnings. Non-cash charges added back $0.36B of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.21B left free cash flow of $0.73B.
Questions
What was Advanced Micro Devices' revenue in the first quarter 2025?
Advanced Micro Devices (AMD) reported revenue of $7.4B for the first quarter 2025 (Q1 2025), +36% from a year earlier and -3% from the quarter before.
Was Advanced Micro Devices profitable in the first quarter 2025?
Operating profit was $806M (10.8% of revenue) and net earnings $709M.