Stock Analysis on Net
Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

Common-Size Income Statement
Quarterly Data

Beginner level

Advanced Micro Devices Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel LibreOffice Calc
3 months ended: Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015
Net revenue 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -56.09 -56.11 -54.20 -55.38 -56.86 -59.44 -59.04 -62.16 -60.01 -62.87 -63.75 -65.20 -65.12 -66.94 -66.36 -68.26 -95.49 -68.94 -67.67 -70.46 -77.47 -75.37 -68.35
Gross profit 43.91% 43.89% 45.80% 44.62% 43.14% 40.56% 40.96% 37.84% 39.99% 37.13% 36.25% 34.80% 34.88% 33.06% 33.64% 31.74% 4.51% 31.06% 32.33% 29.54% 22.53% 24.63% 31.65%
Research and development -18.14 -23.81 -24.75 -18.57 -22.54 -24.36 -29.32 -26.15 -21.96 -20.33 -20.83 -20.27 -19.17 -22.83 -27.03 -23.87 -19.82 -23.66 -29.09 -23.90 -22.71 -24.95 -23.50
Marketing, general and administrative -9.75 -11.13 -11.14 -9.69 -10.27 -12.34 -13.36 -9.73 -8.95 -8.09 -8.14 -8.99 -8.03 -10.23 -12.30 -10.94 -8.95 -11.39 -12.62 -11.38 -10.18 -14.23 -12.72
Amortization of acquired intangible assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.29
Restructuring and other special charges, net 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.68 0.36 0.63 -4.52 0.00 -8.45
Licensing gain 0.00 0.00 0.00 0.00 0.00 0.00 4.72 0.00 0.00 0.00 0.00 0.00 0.00 2.05 2.74 2.80 1.84 2.53 0.84 0.00 0.00 0.00 0.00
Operating income (loss) 16.03% 8.95% 9.91% 16.36% 10.33% 3.85% 2.99% 1.97% 9.07% 8.71% 7.29% 5.54% 7.67% 2.05% -2.95% -0.27% -22.42% -0.78% -8.17% -5.11% -14.89% -14.54% -13.30%
Interest expense -0.39 -0.72 -0.73 -0.85 -1.33 -1.63 -2.12 -2.04 -1.81 -1.77 -1.88 -2.09 -1.89 -2.62 -3.25 -3.07 -3.14 -3.99 -4.81 -4.28 -3.68 -4.25 -3.88
Other income (expense), net -1.32 0.05 0.22 -5.88 -2.00 0.20 -0.55 0.28 -0.36 0.06 0.06 0.14 -0.18 -0.25 -0.51 -0.63 -4.82 14.61 0.00 -0.21 0.00 -0.32 0.00
Income (loss) before income taxes and equity income (loss) 14.32% 8.28% 9.41% 9.64% 7.00% 2.42% 0.31% 0.21% 6.90% 7.00% 5.46% 3.58% 5.60% -0.82% -6.71% -3.98% -30.37% 9.83% -12.98% -9.60% -18.57% -19.11% -17.18%
Income tax (provision) benefit -0.43 -0.21 -0.34 -1.65 -0.39 -0.13 1.02 2.47 -0.73 -0.34 -0.49 0.54 -1.16 -0.25 -0.51 -0.45 -0.31 -2.82 -0.12 -1.04 0.00 -0.11 -0.29
Equity income (loss) in investee 0.04 0.05 0.00 0.00 0.06 0.00 -0.08 0.00 0.00 -0.06 -0.06 0.00 -0.12 -0.25 -0.20 -0.18 -0.38 -0.29 0.00 0.00 0.00 0.00 0.00
Net income (loss) 13.92% 8.13% 9.07% 7.99% 6.66% 2.29% 1.26% 2.68% 6.17% 6.61% 4.92% 4.12% 4.32% -1.31% -7.42% -4.61% -31.06% 6.72% -13.10% -10.65% -18.57% -19.21% -17.48%

Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-04), 10-Q (filing date: 2019-10-30), 10-Q (filing date: 2019-07-31), 10-Q (filing date: 2019-05-01), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-08), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-26), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-18), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-29).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Advanced Micro Devices Inc.’s operating income (loss) as a percentage of net revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Income (loss) before income taxes and equity income (loss) Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Advanced Micro Devices Inc.’s income (loss) before income taxes and equity income (loss) as a percentage of net revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Advanced Micro Devices Inc.’s net income (loss) as a percentage of net revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.