Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

Analysis of Reportable Segments

Microsoft Excel

Segment Profit Margin

Advanced Micro Devices Inc., profit margin by reportable segment

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Data Center 27.68% 19.50% 30.58% 26.83% 11.75%
Client 12.72% -0.99% 19.19% 30.32% 30.99%
Gaming 11.18% 15.63% 14.00% 16.66% -5.03%
Embedded 39.95% 49.39% 49.47% 17.89% -7.69%

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

Segment profitability ratio Reportable segment The company
Segment profit margin Data Center Data Center segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.
Client Client segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.
Gaming Gaming segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.
Embedded Embedded segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Segment Profit Margin: Data Center

Advanced Micro Devices Inc.; Data Center; segment profit margin calculation

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Operating income (loss) 3,482 1,267 1,848 991 198
Net revenue 12,579 6,496 6,043 3,694 1,685
Segment Profitability Ratio
Segment profit margin1 27.68% 19.50% 30.58% 26.83% 11.75%

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 3,482 ÷ 12,579 = 27.68%

Segment profitability ratio Reportable segment The company
Segment profit margin Data Center Data Center segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.

Segment Profit Margin: Client

Advanced Micro Devices Inc.; Client; segment profit margin calculation

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Operating income (loss) 897 (46) 1,190 2,088 1,608
Net revenue 7,054 4,651 6,201 6,887 5,189
Segment Profitability Ratio
Segment profit margin1 12.72% -0.99% 19.19% 30.32% 30.99%

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 897 ÷ 7,054 = 12.72%

Segment profitability ratio Reportable segment The company
Segment profit margin Client Client segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.

Segment Profit Margin: Gaming

Advanced Micro Devices Inc.; Gaming; segment profit margin calculation

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Operating income (loss) 290 971 953 934 (138)
Net revenue 2,595 6,212 6,805 5,607 2,746
Segment Profitability Ratio
Segment profit margin1 11.18% 15.63% 14.00% 16.66% -5.03%

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 290 ÷ 2,595 = 11.18%

Segment profitability ratio Reportable segment The company
Segment profit margin Gaming Gaming segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Segment Profit Margin: Embedded

Advanced Micro Devices Inc.; Embedded; segment profit margin calculation

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Operating income (loss) 1,421 2,628 2,252 44 (11)
Net revenue 3,557 5,321 4,552 246 143
Segment Profitability Ratio
Segment profit margin1 39.95% 49.39% 49.47% 17.89% -7.69%

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 1,421 ÷ 3,557 = 39.95%

Segment profitability ratio Reportable segment The company
Segment profit margin Embedded Embedded segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Net revenue

Advanced Micro Devices Inc., net revenue by reportable segment

US$ in millions

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Data Center 12,579 6,496 6,043 3,694 1,685
Client 7,054 4,651 6,201 6,887 5,189
Gaming 2,595 6,212 6,805 5,607 2,746
Embedded 3,557 5,321 4,552 246 143
Total 25,785 22,680 23,601 16,434 9,763

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).


Operating income (loss)

Advanced Micro Devices Inc., operating income (loss) by reportable segment

US$ in millions

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Data Center 3,482 1,267 1,848 991 198
Client 897 (46) 1,190 2,088 1,608
Gaming 290 971 953 934 (138)
Embedded 1,421 2,628 2,252 44 (11)
All Other (4,190) (4,419) (4,979) (409) (288)
Total 1,900 401 1,264 3,648 1,369

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).