Stock Analysis on Net
Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

Advanced Micro Devices Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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Dec 27, 2025 Sep 27, 2025 Jun 28, 2025 Mar 29, 2025 Dec 28, 2024 Sep 28, 2024 Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Sep 24, 2022 Jun 25, 2022 Mar 26, 2022 Dec 25, 2021 Sep 25, 2021 Jun 26, 2021 Mar 27, 2021
Accounts payable 3.81 4.53 4.12 3.08 3.56 4.30 3.12 2.73 3.56 3.80 4.55 4.24 4.37 4.03 2.78 2.51 11.32 9.72 8.16 9.84
Accrued liabilities 6.82 6.65 5.99 5.42 6.15 5.92 5.35 5.07 4.54 4.99 4.37 4.68 4.55 5.31 4.55 4.59 19.52 18.36 17.87 17.71
Short-term borrowings 0.00 0.00 0.00 1.32 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
Current portion of long-term debt, net 1.14 1.14 0.00 0.00 0.00 0.00 0.00 1.10 1.11 1.11 1.11 0.00 0.00 0.00 0.46 0.47 2.51 2.80 0.00 0.00
Liabilities held for sale 0.00 2.48 2.63 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
Other current liabilities 0.52 0.42 0.42 0.94 0.80 0.56 0.66 0.62 0.65 1.37 1.11 0.80 0.50 0.53 0.38 0.77 0.79 1.08 1.02 0.96
Current liabilities 12.29% 15.22% 13.16% 10.77% 10.52% 10.77% 9.13% 9.54% 9.85% 11.28% 11.14% 9.72% 9.42% 9.87% 8.18% 8.34% 34.14% 31.96% 27.05% 28.51%
Long-term debt, net of current portion 3.05 3.05 4.30 4.50 2.49 2.47 2.53 2.53 2.53 2.54 2.52 3.65 3.65 3.64 3.65 2.20 0.01 0.01 2.93 3.12
Long-term operating lease liabilities 0.81 0.85 0.89 0.79 0.71 0.74 0.77 0.78 0.79 0.58 0.58 0.56 0.59 0.63 0.63 0.55 2.80 2.41 2.24 2.37
Deferred tax liabilities 0.41 0.42 0.46 0.48 0.50 1.67 1.76 1.77 1.77 1.70 2.01 2.43 2.86 3.06 4.16 4.65 0.10 0.00 0.00 0.00
Other long-term liabilities 1.54 1.40 1.45 2.57 2.62 2.51 2.53 2.62 2.73 2.61 2.63 2.77 2.46 2.37 1.66 1.56 2.58 1.64 1.69 1.54
Long-term liabilities 5.81% 5.72% 7.10% 8.34% 6.32% 7.40% 7.59% 7.69% 7.81% 7.44% 7.74% 9.41% 9.56% 9.70% 10.09% 8.97% 5.49% 4.06% 6.87% 7.03%
Total liabilities 18.10% 20.94% 20.26% 19.10% 16.84% 18.17% 16.72% 17.23% 17.67% 18.71% 18.88% 19.13% 18.98% 19.57% 18.27% 17.31% 39.63% 36.02% 33.92% 35.53%
Common stock, par value $0.01 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.10 0.11 0.11 0.12
Additional paid-in capital 82.37 81.49 83.17 86.28 88.64 87.45 89.18 88.45 87.91 87.51 86.55 86.25 85.83 84.91 84.88 85.07 89.13 97.78 100.97 106.08
Treasury stock, at cost -9.20 -9.18 -8.73 -9.64 -8.82 -8.35 -7.52 -6.91 -6.65 -6.26 -5.05 -4.97 -4.59 -4.15 -2.80 -1.41 -17.15 -12.16 -3.75 -1.40
Retained earnings (accumulated deficit) 8.71 6.75 5.27 4.29 3.41 2.70 1.64 1.25 1.07 0.08 -0.36 -0.40 -0.19 -0.22 -0.32 -0.99 -11.68 -21.74 -31.32 -40.39
Accumulated other comprehensive income (loss) 0.00 -0.02 0.01 -0.06 -0.10 0.00 -0.04 -0.04 -0.01 -0.07 -0.05 -0.03 -0.06 -0.13 -0.05 0.00 -0.02 0.00 0.07 0.06
Stockholders’ equity 81.90% 79.06% 79.74% 80.90% 83.16% 81.83% 83.28% 82.77% 82.33% 81.29% 81.12% 80.87% 81.02% 80.43% 81.73% 82.69% 60.37% 63.98% 66.08% 64.47%
Total liabilities and stockholders’ equity 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%

Based on: 10-K (reporting date: 2025-12-27), 10-Q (reporting date: 2025-09-27), 10-Q (reporting date: 2025-06-28), 10-Q (reporting date: 2025-03-29), 10-K (reporting date: 2024-12-28), 10-Q (reporting date: 2024-09-28), 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-24), 10-Q (reporting date: 2022-06-25), 10-Q (reporting date: 2022-03-26), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27).

The composition of liabilities and stockholders’ equity exhibited notable shifts over the observed period, spanning from March 2021 to December 2025. A significant restructuring of the balance sheet is apparent, particularly concerning the relative proportions of current and long-term liabilities, as well as the components of stockholders’ equity.

Current Liabilities
Current liabilities, as a percentage of total liabilities and stockholders’ equity, initially fluctuated between 27.05% and 34.14% from March 2021 to December 2021. A substantial decrease was then observed, falling to a low of 8.18% by June 2022. This proportion gradually increased through 2023, peaking at 15.22% in September 2023, before decreasing again to 12.29% by December 2023. Further increases were seen in 2024 and 2025, reaching 18.17% in September 2024 and then 18.10% in December 2025. Within current liabilities, accounts payable and accrued liabilities consistently represented the largest portions, though their individual percentages also experienced fluctuations. Other current liabilities remained a relatively small component, generally below 1.37%.
Long-Term Liabilities
Long-term liabilities demonstrated a decreasing trend from 7.03% in March 2021 to a low of 4.06% in September 2021. They then increased to 10.09% by June 2022, before declining to 6.32% in December 2022. A subsequent rise occurred in 2023, peaking at 8.34% in September 2023, followed by a decrease to 5.72% by September 2025. Long-term debt, net of current portion, and long-term operating lease liabilities were the primary contributors to this category, maintaining relatively stable percentages throughout the period. Deferred tax liabilities also contributed significantly, with a notable increase from 0.00% to 1.77% between March 2022 and December 2023, before decreasing to 0.41% by December 2025.
Stockholders’ Equity
Stockholders’ equity constituted a substantial portion of the balance sheet, ranging from 60.37% to 83.28% over the period. A general upward trend was observed from 60.37% in December 2021 to 82.69% in March 2022, followed by a decline to 80.43% in September 2022. The equity portion then increased again, reaching a peak of 83.28% in June 2024, before decreasing to 81.90% by December 2025. Within stockholders’ equity, additional paid-in capital consistently represented the largest component, generally exceeding 80%. Treasury stock exhibited a negative percentage, increasing in magnitude over time, indicating a reduction in equity through share repurchases. Retained earnings transitioned from a significant negative value to a positive value in September 2023, and continued to grow through December 2025.
Total Liabilities
Total liabilities as a percentage of the total balance sheet decreased from 35.53% in March 2021 to a low of 17.31% in March 2022. It then fluctuated between 18.27% and 19.57% through September 2022, before increasing to 20.94% in September 2025. This suggests a shift in the company’s financing structure, with a greater reliance on equity financing in the earlier part of the period, followed by a more balanced approach.

The observed changes suggest a dynamic financial strategy, potentially influenced by factors such as investment opportunities, debt management, and shareholder returns. The increasing retained earnings indicate improved profitability and a strengthening financial position. The fluctuations in current liabilities may reflect changes in working capital management and operational cycles.