AMD · 10-K · 2025A · Full report
Revenue Performance and Mix
ADVANCED MICRO DEVICES INC · 2026-02-04 · Importance 78 · Surprise 74
Net revenue increased 34% year-over-year to $34.6 billion in 2025 from $25.8 billion in 2024, driven by Data Center and Client and Gaming demand. Data Center revenue rose 32% to $16.6 billion, and Client and Gaming revenue rose 51% to $14.6 billion in 2025. Embedded revenue declined 3% to $3.5 billion as certain end-market demand remained mixed. International sales represented 67% of net revenue in 2025, up from 66% in 2024.
Key facts
- Net revenue for 2025 was $34.6 billion, up 34% from $25.8 billion in 2024.
- International sales as a percentage of net revenue were 67% in 2025 and 66% in 2024.
- Embedded net revenue for 2025 was $3.454 billion, a 3% decrease from $3.557 billion in 2024.
- AMD expects that international sales will continue to be a significant portion of total sales in the foreseeable future and substantially all sales are denominated in U.S. dollars.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +25.4% | Net revenue for 2025 was $34.6 billion, up 34% from $25.8 billion in 2024. |
| revenue | negative | realized | -0.3% | Embedded net revenue for 2025 was $3.454 billion, a 3% decrease from $3.557 billion in 2024. |
| revenue | unclear | realized | — | International sales as a percentage of net revenue were 67% in 2025 and 66% in 2024. |