Analysis of Reportable Segments
Advanced Micro Devices Inc. operates in 4 segments: Data Center; Client; Gaming; and Embedded.
Segment Profit Margin
Advanced Micro Devices Inc., profit margin by reportable segment
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Data Center | 19.50% | 30.58% | 26.83% | 11.75% | — |
| Client | -0.99% | 19.19% | 30.32% | 30.99% | — |
| Gaming | 15.63% | 14.00% | 16.66% | -5.03% | — |
| Embedded | 49.39% | 49.47% | 17.89% | -7.69% | — |
Based on: 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), 10-K (reporting date: 2019-12-28).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Data Center | Data Center segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
| Client | Client segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Gaming | Gaming segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Embedded | Embedded segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Profit Margin: Data Center
Advanced Micro Devices Inc.; Data Center; segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | 1,267) | 1,848) | 991) | 198) | —) |
| Net revenue | 6,496) | 6,043) | 3,694) | 1,685) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 19.50% | 30.58% | 26.83% | 11.75% | — |
Based on: 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), 10-K (reporting date: 2019-12-28).
1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 1,267 ÷ 6,496 = 19.50%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Data Center | Data Center segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Profit Margin: Client
Advanced Micro Devices Inc.; Client; segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (46) | 1,190) | 2,088) | 1,608) | —) |
| Net revenue | 4,651) | 6,201) | 6,887) | 5,189) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -0.99% | 19.19% | 30.32% | 30.99% | — |
Based on: 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), 10-K (reporting date: 2019-12-28).
1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × -46 ÷ 4,651 = -0.99%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Client | Client segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Gaming
Advanced Micro Devices Inc.; Gaming; segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | 971) | 953) | 934) | (138) | —) |
| Net revenue | 6,212) | 6,805) | 5,607) | 2,746) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 15.63% | 14.00% | 16.66% | -5.03% | — |
Based on: 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), 10-K (reporting date: 2019-12-28).
1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 971 ÷ 6,212 = 15.63%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Gaming | Gaming segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment Profit Margin: Embedded
Advanced Micro Devices Inc.; Embedded; segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | 2,628) | 2,252) | 44) | (11) | —) |
| Net revenue | 5,321) | 4,552) | 246) | 143) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 49.39% | 49.47% | 17.89% | -7.69% | — |
Based on: 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), 10-K (reporting date: 2019-12-28).
1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 2,628 ÷ 5,321 = 49.39%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Embedded | Embedded segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Net revenue
Advanced Micro Devices Inc., net revenue by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Data Center | 6,496) | 6,043) | 3,694) | 1,685) | —) |
| Client | 4,651) | 6,201) | 6,887) | 5,189) | —) |
| Gaming | 6,212) | 6,805) | 5,607) | 2,746) | —) |
| Embedded | 5,321) | 4,552) | 246) | 143) | —) |
| Total | 22,680) | 23,601) | 16,434) | 9,763) | —) |
Based on: 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), 10-K (reporting date: 2019-12-28).
Operating income (loss)
Advanced Micro Devices Inc., operating income (loss) by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Data Center | 1,267) | 1,848) | 991) | 198) | —) |
| Client | (46) | 1,190) | 2,088) | 1,608) | —) |
| Gaming | 971) | 953) | 934) | (138) | —) |
| Embedded | 2,628) | 2,252) | 44) | (11) | —) |
| All Other | (4,419) | (4,979) | (409) | (288) | —) |
| Total | 401) | 1,264) | 3,648) | 1,369) | —) |
Based on: 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), 10-K (reporting date: 2019-12-28).