AMD — May 6, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000002488-25-000045
Showing in the filing
Gross Margin
“~43%, including $800M inventory charge; ~54%, excluding this one-time charge”
Period
Q2 FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 7
Revenue for Q2 FY2025
“~$7.4 Billion, +/- $300 Million”
Gross Margin for Q2 FY2025
“~43%, including $800M inventory charge; ~54%, excluding this one-time charge”
Operating Expenses for Q2 FY2025
“~$2.3 Billion”
Interest Expense/Other Income (Expense), net for Q2 FY2025
“~$(5) Million”
Effective Tax Rate for Q2 FY2025
“~13% of pre-tax income”
Non-GAAP tax rate for FY2025
“13%”
Diluted Share Count for Q2 FY2025
“~1.64 Billion shares”
Exhibit 99.1 · the passage around this item
… earlier in the release
Q2’25 estimated diluted share count includes 9 million of shares related to the acquisition of ZT Systems which was completed on March 31, 2025. Refer to Diluted Share Count overview in the Appendices. Q2’25 Revenue ~$7.4 Billion, +/- $300 Million Gross Margin2 ~43%, including $800M inventory charge; ~54%, excluding this one-time charge Operating Expenses ~$2.3 Billion Interest Expense/Other Income (Expense), net ~$(5) Million Effective Tax Rate ~13% of pre-tax income Diluted Share Count3 ~1.64 Billion shares
19 | | Q1 2025 FINANCIAL RESULTS – May 6, 2025 Q1 2025 Summary1 1. See Appendices for GAAP to Non-GAAP reconciliation Significant y/y Revenue and EPS Growth Driven by Higher AMD Instinct, EPYC and Ryzen Processor Sales Revenue $7.4B Up 36% y/y Gross Margin 50% Non-GAAP Gross Margin 54% Data Center Segment Revenue $3.7B Up 57% y/y Diluted EPS $0.44 Non-GAAP Diluted EPS $0.96
20 | | Q1 2025 FINANCIAL RESULTS – May 6, 2025 Corporate Responsibility at AMD Environmental Advancing environmental solutions in our products, supply chain and operations, while accelerating energy efficiency for IT users Social Fostering a culture of diversity, belonging and inclusion, partnering with suppliers and positively impacting our communities Governance Integrating corporate responsibility and governance across product design, supply chain, operations and external engagement
21 | | Q1 2025 FINANCIAL RESULTS – May 6, 2025 Our Momentum DRIVING LONG-TERM SHAREHOLDER RETURNS Large and
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.