AMD Reports Third Quarter 2021 Financial Results

— Revenue increased 54 percent year-over-year —
— Gross Margin grew more than 4 percentage points year-over-year to 48 percent —

SANTA CLARA, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for the third quarter of 2021 of $4.3 billion, operating income of $948 million, net income of $923 million and diluted earnings per share of $0.75. On a non-GAAP* basis, operating income was $1.1 billion, net income was $893 million and diluted earnings per share were $0.73.

GAAP Quarterly Financial Results

  Q3 2021 Q3 2020 Y/Y Q2 2021 Q/Q
Revenue ($M)$4,313$2,801Up 54%$3,850Up 12%
Gross profit ($M)$2,086$1,230Up 70%$1,830Up 14%
Gross margin %48%44%Up 450 bps48%Up 80 bps
Operating expenses ($M)$1,141$781Up 46%$1,000Up 14%
Operating income ($M)$948$449Up 111%$831Up 14%
Operating margin %22%16%Up 6pp22% Flat
Net income ($M) $923 $390 Up 137% $710 Up 30%
Earnings per share $0.75 $0.32 Up 134% $0.58 Up 29%

Non-GAAP* Quarterly Financial Results

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11  Next Page »
Featured Video
Jobs
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise