Fundamental analysis · SEC EDGAR · TTM through 27/06/2026

Fundamental analysis of Advanced Micro Devices Inc

AMD · Nasdaq · Technology

Fundamental quality

ATTRACTIVE

84

out of 100

Advanced Micro Devices Inc grows profitably: it increases revenue at double digits (30% a year) without giving up profitability (net margin 15.6%). On fundamental quality it scores 84 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its profitability (net margin 15.6%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

AMD designs processors (CPUs) and graphics cards (GPUs) for computers, consoles and data centers. It's the main rival to Intel in CPUs and to NVIDIA in AI chips.

What will shape its future

  • Its ability to take share from Intel in servers and to challenge NVIDIA in AI chips.
  • Data-center demand versus its more cyclical consumer business (PCs, consoles).
  • Execution of its product roadmap and its reliance on external manufacturers (TSMC).

Breakdown by area

I.Growth
85

EPS growth: 12.3% · Revenue growth: 30%

II.Profitability
73

Net margin: 15.6% · ROE: 9.6% · ROIC: 8.5%

III.Financial health
95

Net debt/EBITDA: -0.27x · FCF: 20.3%

Source: SEC EDGAR · TTM through 27/06/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 100 Technology companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 53%
ROEbeats 29%
Growthbeats 80%
Cash generationbeats 46%
Less debtbeats 77%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Advanced Micro Devices Inc strengths

  • Revenue growing strongly (30% annualized).
  • Excellent free-cash-flow generation (FCF margin of 20.3%): profit turns into real cash.
  • High net margin (15.6%): the business is clearly profitable.
  • Net cash position: more cash than debt.

Advanced Micro Devices Inc risks and weaknesses

  • Shrinking margins: net margin has fallen from 26% to 13% in recent years.

Advanced Micro Devices Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
20209,7632,490777-1,265
202116,4343,1623,220-2,222
202223,6011,3203,115-2,368
202322,6808541,121-1,465
202425,7851,6412,405-2,066
202534,6394,3356,735-2,317

Between 2020 and 2025, revenue went from $9,763M to $34,639M (+255%) and net income went from $2,490M to $4,335M (+74%). Meanwhile, its margins have narrowed (from 26% to 13%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 27, 2026, versus the half-year ended June 28, 2025 (SEC filings):

  • Revenue+44.1%
  • Net income+132.8%

What changed with the June 27, 2026 results

Compared with the previous close (March 28, 2026), this is what moved in its accounts:

  • Quality score8184
  • Net margin13.4%15.6%
  • ROE7.8%9.6%
  • FCF margin22.9%20.3%
  • Net debt/EBITDA-0.48×-0.27×

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

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Is Advanced Micro Devices Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Advanced Micro Devices Inc a good company to invest in?

In terms of business quality, Advanced Micro Devices Inc scores 84 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Advanced Micro Devices Inc a profitable company?

Yes. Advanced Micro Devices Inc shows a net margin of 15.6% and an ROE of 9.6%, a sign of a profitable business.

Does Advanced Micro Devices Inc have a lot of debt?

No. Advanced Micro Devices Inc has a net cash position: more cash than debt.

Is Advanced Micro Devices Inc growing?

Its revenue has grown 30% annualized in recent years and its earnings per share 12.3%.

Does Advanced Micro Devices Inc generate cash?

Yes. It converts about 20.3% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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