How AMD (AMD) Makes Money: A Visual Guide

AMD (AMD) generated $34.64B in revenue (TTM through Q4 2025), earning $4.33B in net profit (12.5% margin). Its largest revenue source is Data Center (48% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

AMD (AMD) Income Statement Flow

Frequently asked questions

How does AMD (AMD) make money?

AMD (AMD) primarily makes money through Data Center, which accounts for 48% of total revenue. For TTM through Q4 2025, AMD generated $34.64B in total revenue with a net profit margin of 12.5%.

What is AMD (AMD) gross profit margin?

AMD (AMD) reported a gross profit margin of 49.5% for TTM through Q4 2025, equivalent to $17.15B in gross profit. This means AMD retains 49.5% of each revenue unit after direct costs of production.

What is AMD (AMD) operating profit margin?

AMD (AMD) reported an operating profit margin of 10.7% for TTM through Q4 2025, equivalent to $3.69B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is AMD (AMD) net profit margin?

AMD (AMD) reported a net profit margin of 12.5% for TTM through Q4 2025, equivalent to $4.33B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does AMD (AMD) invest in R&D?

AMD (AMD) invested $8.09B in research and development in TTM through Q4 2025 (23.4% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does AMD (AMD) spend on capital expenditures?

AMD (AMD) spent $974.00M on capital expenditures in TTM through Q4 2025 (2.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is AMD (AMD) free cash flow?

AMD (AMD) generated $6.74B in free cash flow for TTM through Q4 2025 (19.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.