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.

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

US$ in millions

	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	2,929)	3,483)	3,080)	2,206)	2,466)	2,991)	2,119)	1,856)	2,418)	2,570)	3,092)	2,871)	2,956)	2,734)	1,879)	1,681)	1,406)	1,084)	872)	989)
Accrued liabilities	5,250)	5,112)	4,479)	3,876)	4,260)	4,120)	3,629)	3,444)	3,082)	3,376)	2,971)	3,167)	3,077)	3,598)	3,074)	3,070)	2,424)	2,048)	1,911)	1,779)
Short-term borrowings	—)	—)	—)	947)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current portion of long-term debt, net	874)	873)	—)	—)	—)	—)	—)	750)	751)	752)	753)	—)	—)	—)	312)	312)	312)	312)	—)	—)
Liabilities held for sale	—)	1,908)	1,968)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other current liabilities	402)	324)	316)	674)	555)	389)	447)	424)	438)	929)	756)	539)	336)	359)	258)	518)	98)	120)	109)	96)
Current liabilities	9,455)	11,700)	9,843)	7,703)	7,281)	7,500)	6,195)	6,474)	6,689)	7,627)	7,572)	6,577)	6,369)	6,691)	5,523)	5,581)	4,240)	3,564)	2,892)	2,864)
Long-term debt, net of current portion	2,348)	2,347)	3,218)	3,217)	1,721)	1,720)	1,719)	1,718)	1,717)	1,715)	1,714)	2,467)	2,467)	2,466)	2,465)	1,475)	1)	1)	313)	313)
Long-term operating lease liabilities	625)	650)	668)	567)	491)	518)	526)	530)	535)	395)	393)	381)	396)	424)	422)	370)	348)	269)	240)	238)
Deferred tax liabilities	313)	326)	341)	343)	349)	1,162)	1,192)	1,199)	1,202)	1,152)	1,365)	1,641)	1,934)	2,078)	2,805)	3,109)	12)	—)	—)	—)
Other long-term liabilities	1,186)	1,078)	1,085)	1,839)	1,816)	1,751)	1,716)	1,776)	1,850)	1,767)	1,787)	1,874)	1,664)	1,610)	1,118)	1,047)	321)	183)	181)	155)
Long-term liabilities	4,472)	4,401)	5,312)	5,966)	4,377)	5,151)	5,153)	5,223)	5,304)	5,029)	5,259)	6,363)	6,461)	6,578)	6,810)	6,001)	682)	453)	734)	706)
Total liabilities	13,927)	16,101)	15,155)	13,669)	11,658)	12,651)	11,348)	11,697)	11,993)	12,656)	12,831)	12,940)	12,830)	13,269)	12,333)	11,582)	4,922)	4,017)	3,626)	3,570)
Common stock, par value $0.01	17)	17)	17)	17)	17)	17)	17)	17)	17)	17)	16)	16)	16)	16)	16)	16)	12)	12)	12)	12)
Additional paid-in capital	63,365)	62,657)	62,228)	61,730)	61,362)	60,896)	60,542)	60,053)	59,676)	59,182)	58,825)	58,331)	58,005)	57,581)	57,297)	56,925)	11,069)	10,905)	10,795)	10,658)
Treasury stock, at cost	(7,079)	(7,059)	(6,535)	(6,899)	(6,106)	(5,812)	(5,103)	(4,690)	(4,514)	(4,235)	(3,430)	(3,362)	(3,099)	(2,815)	(1,893)	(941)	(2,130)	(1,356)	(401)	(141)
Retained earnings (accumulated deficit)	6,699)	5,188)	3,945)	3,073)	2,364)	1,882)	1,111)	846)	723)	56)	(243)	(270)	(131)	(152)	(218)	(665)	(1,451)	(2,425)	(3,348)	(4,058)
Accumulated other comprehensive income (loss)	(3)	(13)	10)	(40)	(69)	2)	(29)	(28)	(10)	(50)	(32)	(21)	(41)	(88)	(33)	(2)	(3)	—)	7)	6)
Stockholders’ equity	62,999)	60,790)	59,665)	57,881)	57,568)	56,985)	56,538)	56,198)	55,892)	54,970)	55,136)	54,694)	54,750)	54,542)	55,169)	55,333)	7,497)	7,136)	7,065)	6,477)
Total liabilities and stockholders’ equity	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)

Overall, the liabilities and stockholders’ equity of the company demonstrate significant fluctuations over the analyzed period, spanning from March 2021 to December 2025. A notable increase in both total liabilities and stockholders’ equity is observed, particularly from 2021 to 2023, followed by some stabilization and further growth towards the end of the period. The composition of liabilities shifts over time, with changes in current and long-term obligations.

Current Liabilities: Current liabilities generally increased from $2.864 billion in March 2021 to a peak of $7.627 billion in September 2022, before decreasing to $6.689 billion in December 2022. A subsequent rise to $11.700 billion in September 2025 is evident. Accounts payable and accrued liabilities are the primary drivers of this trend, with both exhibiting substantial growth. Other current liabilities also contribute to the overall increase, though to a lesser extent. Short-term borrowings and the current portion of long-term debt appear intermittently, suggesting specific financing activities during certain periods.
Long-Term Liabilities: Long-term liabilities show a more dramatic increase, rising from $706 million in March 2021 to $6.578 billion in September 2022. This growth is largely attributable to increases in long-term debt, net of current portion, and deferred tax liabilities. While long-term operating lease liabilities remain relatively stable, other long-term liabilities also contribute to the overall increase. Towards the end of the period, long-term debt decreases, while deferred tax liabilities and other long-term liabilities fluctuate.
Total Liabilities: Total liabilities follow the trends of both current and long-term liabilities, increasing significantly from $3.570 billion in March 2021 to $16.101 billion in September 2025. The most substantial increase occurs between 2021 and 2023, reflecting increased borrowing and other long-term obligations. A slight decrease is observed in December 2025, but the overall trend remains upward.
Stockholders’ Equity: Stockholders’ equity experiences substantial growth, increasing from $6.477 billion in March 2021 to $62.999 billion in December 2025. This growth is primarily driven by increases in additional paid-in capital and retained earnings. Treasury stock consistently decreases, representing share repurchases. Accumulated other comprehensive income (loss) remains relatively small and fluctuates modestly. The significant increase in retained earnings suggests strong profitability over the period, despite some accumulated deficits in earlier quarters.
Total Liabilities and Stockholders’ Equity: The combined value of total liabilities and stockholders’ equity demonstrates a consistent upward trend, increasing from $10.047 billion in March 2021 to $76.926 billion in December 2025. This indicates a substantial expansion of the company’s overall financial size and scale. The increasing stockholders’ equity partially offsets the growth in liabilities, but the overall leverage of the company appears to increase over the analyzed period.

In summary, the company experienced significant growth in both liabilities and stockholders’ equity. The increase in liabilities appears to be related to financing activities and long-term obligations, while the growth in stockholders’ equity is driven by profitability and capital raising. The company’s financial position has become considerably larger over the analyzed timeframe.

Download chart

Advanced Micro Devices Inc. (NASDAQ:AMD)

Balance Sheet: Liabilities and Stockholders’ EquityQuarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data