Stock Analysis on Net
Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Advanced Micro Devices Inc., consolidated balance sheet: liabilities and stockholders’ equity (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
Accounts payable
Accrued liabilities
Short-term borrowings
Current portion of long-term debt, net
Liabilities held for sale
Other current liabilities
Current liabilities
Long-term debt, net of current portion
Long-term operating lease liabilities
Deferred tax liabilities
Other long-term liabilities
Long-term liabilities
Total liabilities
Common stock, par value $0.01
Additional paid-in capital
Treasury stock, at cost
Retained earnings (accumulated deficit)
Accumulated other comprehensive income (loss)
Stockholders’ equity
Total liabilities and stockholders’ equity

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).


The financial structure exhibits significant expansion over the analyzed period, characterized by a substantial increase in total liabilities and a transformative surge in stockholders' equity. Total liabilities and stockholders' equity grew from $10,047 million in March 2021 to $84,464 million by June 2026, reflecting a broad scaling of the balance sheet and an increase in the overall capital base.

Liability Composition and Trends
Current liabilities demonstrated a consistent upward trajectory, increasing from $2,864 million in March 2021 to $12,081 million by June 2026. This growth was driven largely by accounts payable and accrued liabilities, which rose from combined totals of $2,768 million to $10,905 million over the same period. Long-term liabilities experienced a sharp spike in March 2022, reaching $6,001 million, before stabilizing and eventually ending at $5,159 million in June 2026. A notable contraction is observed in deferred tax liabilities, which declined from a peak of $3,109 million in March 2022 to $300 million by the end of the period.
Debt Profile and Obligations
Long-term debt, net of current portions, remained low through 2021 but saw a significant increase starting in March 2022, peaking at $3,218 million in June 2023 before settling at $2,351 million by June 2026. The emergence of short-term borrowings in March 2025 ($947 million) and the reappearance of the current portion of long-term debt in late 2025 indicate a shift in the timing of debt obligations. Long-term operating lease liabilities also trended upward, growing from $238 million in March 2021 to $1,050 million by June 2026.
Stockholders' Equity and Capital Structure
A fundamental shift in equity occurred between December 2021 and March 2022, where stockholders' equity jumped from $7,497 million to $55,333 million. This was primarily driven by a massive increase in additional paid-in capital, which rose from $11,069 million to $56,925 million in that single quarter. Furthermore, the company transitioned from a cumulative deficit of $4,058 million in March 2021 to a positive retained earnings balance of $5,909 million by June 2026, signaling a period of sustained profitability. This growth in equity was partially offset by an aggressive treasury stock program, with the cost of repurchased shares increasing from $141 million in March 2021 to $7,421 million by March 2026.
Overall Solvency and Financial Position
Despite the rise in total liabilities from $3,570 million to $17,240 million, the company's solvency position was strengthened by the disproportionate growth in stockholders' equity, which ended at $67,224 million. The balance sheet reflects a strategic transition from a lean, low-equity structure to a highly capitalized position with significantly improved retained earnings and a larger operational liability base to support increased activity.