Stock Analysis on Net
Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Advanced Micro Devices Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 27, 2026 Mar 28, 2026 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
Cash and cash equivalents 5,086 5,585 5,539 4,808 4,442 6,049 3,787 3,897 4,113 4,190 3,933 3,561 3,841 3,825 4,835 3,398 4,964 4,740 2,535 2,440 2,623 1,763
Short-term investments 8,025 6,762 5,013 2,435 1,425 1,261 1,345 647 1,227 1,845 1,840 2,224 2,444 2,114 1,020 2,193 1,028 1,792 1,073 1,168 1,170 1,353
Accounts receivable, net 7,281 6,035 6,315 6,201 5,115 5,443 6,192 7,241 5,749 5,038 5,376 5,054 4,312 4,040 4,126 4,336 4,050 3,677 2,706 2,224 2,020 2,178
Inventories 8,468 8,045 7,920 7,313 6,677 6,416 5,734 5,374 4,991 4,652 4,351 4,445 4,567 4,235 3,771 3,369 2,648 2,431 1,955 1,902 1,765 1,653
Assets held for sale 3,990 4,326
Prepaid expenses and other current assets 2,662 2,201 2,160 2,253 2,534 2,426 1,991 1,576 1,385 1,359 1,268 1,404 1,341 1,444 1,267 1,124 772 729 314 254 240 250
Current assets 31,522 28,628 26,947 27,000 24,519 21,595 19,049 18,735 17,465 17,084 16,768 16,688 16,505 15,658 15,019 14,420 13,462 13,369 8,583 7,988 7,818 7,197
Property and equipment, net 3,439 2,723 2,312 2,205 2,128 1,921 1,802 1,669 1,666 1,624 1,589 1,566 1,541 1,500 1,513 1,486 1,441 1,406 702 717 671 681
Goodwill 25,470 25,344 25,126 25,083 25,083 24,839 24,839 24,839 24,262 24,262 24,262 24,186 24,177 24,177 24,177 24,187 24,193 23,083 289 289 289 289
Acquisition-related intangibles, net 15,635 16,154 16,705 17,250 17,812 18,363 18,930 19,572 20,138 20,741 21,363 21,950 22,598 23,291 24,118 25,162 26,159 26,832
Deferred tax assets 494 476 384 633 860 845 688 1,183 617 433 366 76 68 67 58 32 32 32 931 1,036 1,090 1,162
Other non-current assets 7,904 6,317 5,452 4,720 4,418 3,987 3,918 3,638 3,738 3,751 3,537 3,160 3,078 2,941 2,695 2,524 2,215 2,193 1,914 1,123 823 718
Non-current assets 52,942 51,014 49,979 49,891 50,301 49,955 50,177 50,901 50,421 50,811 51,117 50,938 51,462 51,976 52,561 53,391 54,040 53,546 3,836 3,165 2,873 2,850
Total assets 84,464 79,642 76,926 76,891 74,820 71,550 69,226 69,636 67,886 67,895 67,885 67,626 67,967 67,634 67,580 67,811 67,502 66,915 12,419 11,153 10,691 10,047

Based on: 10-Q (reporting date: 2026-06-27), 10-Q (reporting date: 2026-03-28), 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).


Total assets experienced a fundamental shift in the first quarter of 2022, increasing from 12.4 billion US dollars in December 2021 to 66.9 billion US dollars in March 2022. Following this expansion, the asset base maintained a steady upward trajectory, reaching 84.4 billion US dollars by June 2026. This growth is characterized by a transition from a lean asset structure to one dominated by significant intangible assets and a progressively expanding current asset base.

Current Asset Trends
Current assets grew consistently from 7.2 billion US dollars in March 2021 to 31.5 billion US dollars by June 2026. A notable acceleration in liquidity is observed in the final year of the period, where short-term investments rose sharply from 1.4 billion US dollars in March 2025 to 8.0 billion US dollars in June 2026. Cash and cash equivalents showed volatility but remained robust, peaking at 6.0 billion US dollars in March 2025. Operational growth is further evidenced by the steady climb in accounts receivable, which reached 7.2 billion US dollars by June 2026, and inventories, which expanded fivefold from 1.6 billion US dollars in early 2021 to 8.4 billion US dollars by June 2026.
Non-Current Asset Composition
The non-current asset profile was redefined in March 2022 with the introduction of 23.0 billion US dollars in goodwill and 26.8 billion US dollars in acquisition-related intangibles. While goodwill saw a gradual increase to 25.4 billion US dollars by June 2026, acquisition-related intangibles followed a consistent downward trend due to amortization, declining to 15.6 billion US dollars over the same period. Property and equipment grew steadily from 681 million US dollars in March 2021 to 3.4 billion US dollars in June 2026, indicating sustained investment in physical infrastructure.
Other Asset Observations
Other non-current assets demonstrated aggressive growth, rising from 718 million US dollars in March 2021 to 7.9 billion US dollars in June 2026. Additionally, a temporary spike occurred in mid-2025 with the appearance of assets held for sale, peaking at 4.3 billion US dollars in June 2025 before being removed from the balance sheet by the end of the year.

The overall financial trajectory indicates a strategic transition toward a larger operational scale. The balance sheet has shifted from being relatively liquid and low-asset to one characterized by high intangible value and significantly larger working capital requirements, particularly in inventory and receivables, suggesting an increase in production volume and market reach.

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Assets: Selected Items


Current Assets: Selected Items