Stocks·NASDAQ:AMD

AMD (AMD)

OverviewFinancialsOwnersFilings
Loading chart…
Revenue, last 12 months$45.4B+42% vs. a year before
Free cash flow, last 12 months$7.06BBringing in cash
Cash and short-term investments$15.8BDebt: $7.08B
Shares outstanding, past year+0.7%1.6B shares now
Backlog (signed, not yet booked)$246MAs of Sep 26, 2026

My take

No average analyst target in this video.

Every video where I mention AMD

The last 12 months

  1. Nov 4, 202610-QQuarterly report
  2. Nov 4, 2026VideoMy video: AMD Stock at $520? The $17 Billion Guide Explained
  3. Nov 3, 20268-KReleased quarterly results; Shared information with investors
  4. Sep 28, 20268-KSold shares without SEC registration
  5. Aug 19, 20268-KExecutive or board change
  6. Aug 17, 20268-KSigned a major agreement; Took on new debt
  7. Aug 14, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
  8. Aug 13, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
  9. Aug 13, 2026S-3ASRAutomatic shelf registration: can sell stock or debt later
  10. Aug 5, 202610-QQuarterly report
  11. Aug 4, 20268-KReleased quarterly results; Shared information with investors
  12. Jul 1, 20268-KExecutive or board change
  13. May 15, 2026S-8Registered shares for employee stock plans
  14. May 15, 20268-KSigned a major agreement; Ended a major agreement; Took on new debt; Executive or board change; Shareholder vote results

All filings →

Revenue by year
2016: $4.32B20162017: $5.25B20172018: $6.47B20182019: $6.73B20192020: $9.76B20202021: $16.4B20212022: $23.6B20222023: $22.7B20232024: $25.8B20242025: $34.6B2025$34.6B
Show the numbers
Revenue by year
2016$4.32B
2017$5.25B
2018$6.47B
2019$6.73B
2020$9.76B
2021$16.4B
2022$23.6B
2023$22.7B
2024$25.8B
2025$34.6B
Revenue by quarter calendar quarter the period ended in
Q4 23: $6.17BQ1 24: $5.47BQ1 24Q2 24: $5.83BQ3 24: $6.82BQ3 24Q4 24: $7.66BQ1 25: $7.44BQ1 25Q2 25: $7.68BQ3 25: $9.25BQ3 25Q4 25: $10.3BQ1 26: $10.3BQ1 26Q2 26: $11.5BQ3 26: $13.4BQ3 26$13.4B
Show the numbers
Revenue by quarter
Q4 23$6.17B
Q1 24$5.47B
Q2 24$5.83B
Q3 24$6.82B
Q4 24$7.66B
Q1 25$7.44B
Q2 25$7.68B
Q3 25$9.25B
Q4 25$10.3B
Q1 26$10.3B
Q2 26$11.5B
Q3 26$13.4B
Operating income (loss) by year profit from the business before interest and taxes
2016: -$373M20162017: $127M20172018: $451M20182019: $631M20192020: $1.37B20202021: $3.65B20212022: $1.26B20222023: $401M20232024: $1.90B20242025: $3.69B2025$3.69B
Show the numbers
Operating income (loss) by year
2016-$373M
2017$127M
2018$451M
2019$631M
2020$1.37B
2021$3.65B
2022$1.26B
2023$401M
2024$1.90B
2025$3.69B
Free cash flow by year cash from operations minus spending on buildings and equipment
2016: $4M20162017: -$101M20172018: -$129M20182019: $276M20192020: $777M20202021: $3.22B20212022: $3.12B20222023: $1.12B20232024: $2.40B20242025: $6.74B2025$6.74B
Show the numbers
Free cash flow by year
2016$4M
2017-$101M
2018-$129M
2019$276M
2020$777M
2021$3.22B
2022$3.12B
2023$1.12B
2024$2.40B
2025$6.74B
Cash vs. debt

Cash and short-term investmentsDebt

2016 · Cash and short-term investments: $1.26B2016 · Debt: $1.44B20162017 · Cash and short-term investments: $1.19B2017 · Debt: $1.40B20172018 · Cash and short-term investments: $1.16B2018 · Debt: $1.25B20182019 · Cash and short-term investments: $1.50B2019 · Debt: $486M20192020 · Cash and short-term investments: $2.29B2020 · Debt: $330M20202021 · Cash and short-term investments: $3.61B2021 · Debt: $1M20212022 · Cash and short-term investments: $5.86B2022 · Debt: $2.50B20222023 · Cash and short-term investments: $5.77B2023 · Debt: $2.50B20232024 · Cash and short-term investments: $5.13B2024 · Debt: $1.75B20242025 · Cash and short-term investments: $10.6B2025 · Debt: $3.25B2025
Show the numbers
Cash and short-term investmentsDebt
2016$1.26B$1.44B
2017$1.19B$1.40B
2018$1.16B$1.25B
2019$1.50B$486M
2020$2.29B$330M
2021$3.61B$1M
2022$5.86B$2.50B
2023$5.77B$2.50B
2024$5.13B$1.75B
2025$10.6B$3.25B
How it makes money: Q3 2026 revenue by business segment; the thin line is a year earlier
  • Data Center$8.55B 64% +97% vs. a year ago
  • Client and Gaming$3.72B 28% -8% vs. a year ago
  • Embedded$1.11B 8% +29% vs. a year ago

From the 10-Q filed Nov 4, 2026. Source.

Stock pay vs. buybacks

Stock-based pay to employeesSpent buying back shares

2020 · Stock-based pay to employees: $274M2020 · Spent buying back shares: $020202021 · Stock-based pay to employees: $379M2021 · Spent buying back shares: $1.76B20212022 · Stock-based pay to employees: $1.08B2022 · Spent buying back shares: $3.70B20222023 · Stock-based pay to employees: $1.38B2023 · Spent buying back shares: $985M20232024 · Stock-based pay to employees: $1.41B2024 · Spent buying back shares: $862M20242025 · Stock-based pay to employees: $1.64B2025 · Spent buying back shares: $1.32B2025
Show the numbers
Stock-based pay to employeesSpent buying back shares
2020$274M$0
2021$379M$1.76B
2022$1.08B$3.70B
2023$1.38B$985M
2024$1.41B$862M
2025$1.64B$1.32B

If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.

Backlog (remaining performance obligations) contracts signed but not yet booked as revenue
Q4 23: $137MQ1 24: $113MQ1 24Q2 24: $76MQ3 24: $86MQ3 24Q4 24: $85MQ1 25: $74MQ1 25Q2 25: $218MQ3 25: $279MQ3 25Q4 25: $315MQ1 26: $264MQ1 26Q2 26: $222MQ3 26: $246MQ3 26$246M
Show the numbers
Backlog (remaining performance obligations)
Q4 23$137M
Q1 24$113M
Q2 24$76M
Q3 24$86M
Q4 24$85M
Q1 25$74M
Q2 25$218M
Q3 25$279M
Q4 25$315M
Q1 26$264M
Q2 26$222M
Q3 26$246M

Compare AMD with other stocks →

From the company's own SEC filings via SEC EDGAR, latest period ended Sep 26, 2026. Numbers can be restated later. Not investment advice.

Dilution

Shares outstanding
Feb 2023: 1.6BApr 2023: 1.6BApr 2023Jul 2023: 1.6BOct 2023: 1.6BOct 2023Jan 2024: 1.6BApr 2024: 1.6BApr 2024Jul 2024: 1.6BOct 2024: 1.6BOct 2024Jan 2025: 1.6BMay 2025: 1.6BMay 2025Jul 2025: 1.6BOct 2025: 1.6BOct 2025Jan 2026: 1.6BApr 2026: 1.6BApr 2026Jul 2026: 1.6BOct 2026: 1.6BOct 20261.6B
Show the numbers
Shares outstanding
Feb 20231.6B
Apr 20231.6B
Jul 20231.6B
Oct 20231.6B
Jan 20241.6B
Apr 20241.6B
Jul 20241.6B
Oct 20241.6B
Jan 20251.6B
May 20251.6B
Jul 20251.6B
Oct 20251.6B
Jan 20261.6B
Apr 20261.6B
Jul 20261.6B
Oct 20261.6B

The share count is up +0.7% in a year, so each share is a slightly smaller slice of the company. What dilution means.

Insider trades

Insider buys, 12 months0none
Insider sales, 12 months221$378M, 215 planned in advance

Bought or sold on the open market

DateWhoWhatSharesValueFiling
Oct 15, 2026Forrest Eugene Norrod
EVP & GM DSG
Sold on the market (planned)
9 trades that day
17.3K$9.33MForm 4
Sep 15, 2026Forrest Eugene Norrod
EVP & GM DSG
Sold on the market (planned)
9 trades that day
17.3K$8.68MForm 4
Sep 10, 2026Lisa T Su
Chair, President & CEO, Director
Sold on the market (planned)
22 trades that day
95K$48.1MForm 4
Aug 25, 2026Jean X. Hu
EVP, CFO and Treasurer
Sold on the market (planned)
8 trades that day
15K$7.11MForm 4
Aug 24, 2026Forrest Eugene Norrod
EVP & GM DSG
Sold on the market (planned)
13 trades that day
17.3K$7.94MForm 4
Aug 20, 2026Mark D Papermaster
Chief Technology Officer & EVP
Sold on the market (planned)
8 trades that day
28.8K$13.6MForm 4
Aug 18, 2026Lisa T Su
Chair, President & CEO, Director
Sold on the market (planned)
13 trades that day
15K$7.21MForm 4
Aug 18, 2026Ava Hahn
SVP, GC & Corporate Secretary
Sold on the market (planned)3K$1.46MForm 4
Aug 17, 2026Paul Darren Grasby
EVP & CSO
Sold on the market15K$7.72MForm 4
Aug 14, 2026Mark D Papermaster
Chief Technology Officer & EVP
Sold on the market (planned)7.4K$3.59MForm 4
Aug 11, 2026Ava Hahn
SVP, GC & Corporate Secretary
Sold on the market (planned)143$67.9KForm 4
Jul 15, 2026Mark D Papermaster
Chief Technology Officer & EVP
Sold on the market (planned)6K$3.34MForm 4
Jun 15, 2026Mark D Papermaster
Chief Technology Officer & EVP
Sold on the market (planned)6K$3.22MForm 4
Jun 10, 2026Lisa T Su
Chair, President & CEO, Director
Sold on the market (planned)
27 trades that day
125K$57.6MForm 4
Jun 2, 2026Nora Denzel
Director
Sold on the market8.6K$4.50MForm 4
Everything else: grants, option exercises, tax withholding (75)
DateWhoWhatSharesValueFiling
Oct 15, 2026Forrest Eugene Norrod
EVP & GM DSG
Exercised options (planned)7.3K$616KForm 4
Sep 15, 2026Forrest Eugene Norrod
EVP & GM DSG
Exercised options (planned)7.3K$616KForm 4
Sep 10, 2026Lisa T Su
Chair, President & CEO, Director
Gift (planned)35Kn/aForm 4
Aug 24, 2026Forrest Eugene Norrod
EVP & GM DSG
Exercised options (planned)7.3K$616KForm 4
Aug 19, 2026Mark D Papermaster
Chief Technology Officer & EVP
Gift (planned)25.1Kn/aForm 4
Aug 15, 2026Paul Darren Grasby
EVP & CSO
Exercised options46.2Kn/aForm 4
Aug 15, 2026Paul Darren Grasby
EVP & CSO
Shares withheld for taxes
2 trades that day
21.7K$11.2MForm 4
Aug 15, 2026Forrest Eugene Norrod
EVP & GM DSG
Exercised options88.3Kn/aForm 4
Aug 15, 2026Forrest Eugene Norrod
EVP & GM DSG
Shares withheld for taxes
2 trades that day
34.8K$17.9MForm 4
Aug 15, 2026Lisa T Su
Chair, President & CEO, Director
Exercised options396Kn/aForm 4
Aug 15, 2026Lisa T Su
Chair, President & CEO, Director
Shares withheld for taxes156K$80.2MForm 4
Aug 15, 2026Ava Hahn
SVP, GC & Corporate Secretary
Exercised options23.7Kn/aForm 4
Aug 15, 2026Ava Hahn
SVP, GC & Corporate Secretary
Shares withheld for taxes
2 trades that day
11.8K$6.06MForm 4
Aug 15, 2026Philip Guido
EVP & Chief Commercial Officer
Exercised options81.1Kn/aForm 4
Aug 15, 2026Philip Guido
EVP & Chief Commercial Officer
Shares withheld for taxes
2 trades that day
31.9K$16.4MForm 4
Aug 15, 2026Jean X. Hu
EVP, CFO and Treasurer
Exercised options102Kn/aForm 4
Aug 15, 2026Jean X. Hu
EVP, CFO and Treasurer
Shares withheld for taxes
2 trades that day
40K$20.6MForm 4
Aug 15, 2026Jack M Huynh
SVP & GM, Computing & Graphics
Exercised options54.7Kn/aForm 4
Aug 15, 2026Jack M Huynh
SVP & GM, Computing & Graphics
Shares withheld for taxes
2 trades that day
21.5K$11.1MForm 4
Aug 15, 2026Mark D Papermaster
Chief Technology Officer & EVP
Exercised options (planned)122Kn/aForm 4
Aug 15, 2026Mark D Papermaster
Chief Technology Officer & EVP
Shares withheld for taxes (planned)
2 trades that day
48K$24.7MForm 4
Aug 14, 2026Mark D Papermaster
Chief Technology Officer & EVP
Exercised options (planned)7.4K$625KForm 4
Aug 13, 2026Elizabeth W Vanderslice
Director
Gift
2 trades that day
30Kn/aForm 4
Aug 9, 2026Ava Hahn
SVP, GC & Corporate Secretary
Exercised options1.1Kn/aForm 4
Aug 9, 2026Ava Hahn
SVP, GC & Corporate Secretary
Shares withheld for taxes562$272KForm 4
Aug 9, 2026Jean X. Hu
EVP, CFO and Treasurer
Exercised options5.9Kn/aForm 4
Aug 9, 2026Jean X. Hu
EVP, CFO and Treasurer
Shares withheld for taxes2.3K$1.12MForm 4
Aug 9, 2026Philip Guido
EVP & Chief Commercial Officer
Exercised options4.6Kn/aForm 4
Aug 9, 2026Philip Guido
EVP & Chief Commercial Officer
Shares withheld for taxes1.8K$873KForm 4
Aug 9, 2026Jack M Huynh
SVP & GM, Computing & Graphics
Exercised options5.6Kn/aForm 4
Aug 9, 2026Jack M Huynh
SVP & GM, Computing & Graphics
Shares withheld for taxes2.2K$1.06MForm 4
Aug 9, 2026Forrest Eugene Norrod
EVP & GM DESG
Exercised options8.6Kn/aForm 4
Aug 9, 2026Forrest Eugene Norrod
EVP & GM DESG
Shares withheld for taxes3.4K$1.64MForm 4
Aug 9, 2026Mark D Papermaster
Chief Technology Officer & EVP
Exercised options12.6Kn/aForm 4
Aug 9, 2026Mark D Papermaster
Chief Technology Officer & EVP
Shares withheld for taxes5K$2.40MForm 4
Aug 9, 2026Lisa T Su
Chair, President & CEO, Director
Exercised options16.2Kn/aForm 4
Aug 9, 2026Lisa T Su
Chair, President & CEO, Director
Shares withheld for taxes6.4K$3.09MForm 4
Aug 9, 2026Paul Darren Grasby
EVP & CSO
Exercised options5.6Kn/aForm 4
Aug 9, 2026Paul Darren Grasby
EVP & CSO
Shares withheld for taxes2.7K$1.28MForm 4
Jul 15, 2026Mark D Papermaster
Chief Technology Officer & EVP
Exercised options (planned)6K$509KForm 4

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

InvestorQuarterSharesValueShare of fundChange
Cathie Wood (ARK Investment Management)Q2 261.4M$823M5.3%Trimmed (-48%)
Chase Coleman (Tiger Global Management)Q2 26675K$392M1.6%New position
Ray Dalio (founder) (Bridgewater Associates)Q2 26539K$313M1.3%Trimmed (-58%)
David Tepper (Appaloosa)Q2 26198K$115M1.5%Trimmed (-11%)
Philippe Laffont (Coatue Management)Q2 2696K$55.8M0.1%New position
Stanley Druckenmiller (Duquesne Family Office)Q2 2672.9K$42.3M1%New position
George Soros (Soros Fund Management)Q2 2650.8K$29.5M0.4%Added (+47%)

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

Failed trades (fails to deliver) shares that weren't delivered on time when a trade settled
Jul 22: 155Jul 23: 40.4KJul 24: 2.8KAug 4: 40.4KAug 4Aug 6: 43.6KAug 10: 3KAug 13: 163KAug 14: 1Aug 14Aug 17: 36.1KAug 18: 100Aug 19: 293Aug 24: 10.6KAug 24Aug 25: 91Aug 26: 12.6KAug 27: 16.2KSep 1: 800Sep 1Sep 2: 909Sep 3: 3.5KSep 4: 10Sep 8: 23.2KSep 8Sep 9: 68.6KSep 10: 50.7KSep 11: 1.6KSep 14: 105KSep 14Sep 16: 200Sep 17: 600Sep 18: 1.1KSep 21: 35.1KSep 21Sep 22: 1.1KSep 23: 85.2KSep 24: 2KSep 25: 2.5KSep 25Sep 28: 18.4KSep 29: 21Oct 5: 320KOct 6: 800Oct 6Oct 7: 241Oct 8: 97Oct 9: 314Oct 13: 61Oct 1361
Show the numbers
Failed trades (fails to deliver)
Jul 22155
Jul 2340.4K
Jul 242.8K
Aug 440.4K
Aug 643.6K
Aug 103K
Aug 13163K
Aug 141
Aug 1736.1K
Aug 18100
Aug 19293
Aug 2410.6K
Aug 2591
Aug 2612.6K
Aug 2716.2K
Sep 1800
Sep 2909
Sep 33.5K
Sep 410
Sep 823.2K
Sep 968.6K
Sep 1050.7K
Sep 111.6K
Sep 14105K
Sep 16200
Sep 17600
Sep 181.1K
Sep 2135.1K
Sep 221.1K
Sep 2385.2K
Sep 242K
Sep 252.5K
Sep 2818.4K
Sep 2921
Oct 5320K
Oct 6800
Oct 7241
Oct 897
Oct 9314
Oct 1361

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

What changed in the latest annual report

Comparing the risk factors in the 10-K filed Feb 4, 2026 with the one filed Feb 5, 2025: 1 new and 3 removed, out of 43.

New this year

  • We may be required to satisfy financial obligations under guarantees and other commercial commitments.
Dropped from last year (3)
  • Intel Corporation's dominance of the microprocessor market and its aggressive business practices may limit our ability to compete effectively on a level playing field.
  • Nvidia's dominance in the graphics processing unit market and its aggressive business practices may limit our ability to compete effectively on a level playing field.
  • Our ability to complete the acquisition of ZT Systems is subject to closing conditions, including the receipt of consents and approvals from government authorities, which may impose conditions that could adversely affect us or cause the acquisition to not be completed.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside AMD's filings

Opens the SEC's own full-text search in a new tab, limited to AMD. Every AMD filing on EDGAR.