Advanced Micro Devices, Inc. (AMD) Fundamental Analysis

Advanced Micro Devices, Inc. is in a high-growth phase, expanding revenue 50% year-over-year as it scales. It is solidly profitable, with a latest net margin of 20%. Cash generation is healthy, funding the business from its own operations. On the latest filing the majority of indicators are constructive.

Beat Index assesses Advanced Micro Devices, Inc. across seventeen analysis tabs, spanning market multiples, revenue and income, margins, cash flow, returns, liquidity and leverage, working capital, intrinsic value, commitments, insider activity, risk, and its latest 10-Q reads positively across revenue growth, profit margins, cash generation and balance-sheet strength. Every figure is taken as-reported from SEC EDGAR filings, with no vendor adjustments.

At a glance

  • PositiveGrowth: Revenue up 50% YoY
  • WatchNothing flagged to watch next quarter.
  • ConcernNo red flags in the latest quarter.

Trend matrix, last 4 quarters

Dimension2026-06-272026-03-282025-12-272025-09-27
GrowthRevenue up 50% YoYRevenue up 38% YoYRevenue up 34% YoYRevenue up 36% YoY
ProfitabilityNet margin 20%Net margin 13%Net margin 15%Net margin 13%
Cash GenerationFCF margin 14%FCF margin 25%FCF margin 23%FCF margin 21%
Balance SheetDebt/equity 0.0xDebt/equity 0.0xDebt/equity 0.1xDebt/equity 0.0x

Quarterly financials

Metric2026-06-272026-03-282025-12-272025-09-272025-06-28
Revenue$11.54B$10.25B$10.27B$9.25B$7.68B
Cash & equivalents$5.09B$5.58B$5.54B$4.81B$4.44B
Net income$2.30B$1.38B$1.51B$1.24B$872.0M
Operating cash flow$2.37B$2.96B$2.60B$2.16B$2.01B
Free cash flow$1.56B$2.57B$2.38B$1.90B$1.73B

Figures in USD, as reported to the SEC. Longer history is available in the full analysis.

Sourced directly from SEC EDGARAs of 2026-06-27 (Q2 FY2026) · Evaluated as of 2026-08-05See original filing on SEC

What's inside the full dashboard

Seventeen analysis tabs, all sourced from SEC filings, no estimates.

  • Market Multiples: What buyers have actually paid for this business, week by week, against what they pay today.
  • Cash Flow: Free cash flow generation and operating cash flow trends.
  • Intrinsic Value: Discounted cash flow (DCF) valuation against your own discount rate.
  • Liquidity & Leverage: Balance-sheet strength: assets, liabilities, debt and liquidity ratios.
  • Margins: Gross, operating, and net profit margin analysis.
  • Returns: Return on equity, return on assets, and return on invested capital.
  • Revenue & Income: Revenue growth, composition, and year-over-year income trends.
  • Working Capital: Working-capital efficiency, cash conversion and asset-turnover metrics.
  • Risk: Debt levels, liquidity ratios, and financial risk indicators.
  • Insider: Insider stock transactions and executive activity.
  • Commitments: Operating leases, purchase commitments, and future obligations.

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Live valuation, management commentary, and peer comparison, all sourced directly from SEC filings. Free to access.