AMD — Feb 4, 2025 release

$461 Million a year ago $1.1B Primarily due to lower revenue   27 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 2025 ($ in millions) Q1’25 Revenue ~$7.1 Billion, +/- $300 Million Gross Margin ~54% Operating Expenses ~$2.1 Billion Interest Expense/Other Income (Expense), net ~$24 Million Effective Tax Rate ~13% of pre-tax income Diluted Share Count² ~1.64 Billion shares FINANCIAL OUTLOOK – NON-GAAP1 1. 1. See Cautionary Statement on Slide 2. These forward-looking outlook statements and non-GAAP measures are based on current expectations as of February 4, 2025, and assumptions and beliefs that involve numerous risks and uncertainties. AMD undertakes no intent or obligation to publicly update or revise its outlook statements as a result of new information, future events or otherwise, except as may be required by law. All items, except revenue, are on a non-GAAP basis. Adjustments to arrive at the GAAP financial outlook typically include stock-based compensation, amortization of acquired intangible assets, income tax provision, and other non-recurring items such as impairment charges and acquisition-related costs. The timing and impact of such adjustments are dependent on future events that are typically uncertain or outside of AMD's control, therefore, a reconciliation to equivalent GAAP measures is not practicable at this time. 2. 2. Refer to Diluted Share Count overview in the Appendices   28 Q4 2024 FINANCIAL RESULTS – FEBRUARY 4, 202528 Data Center