SANTA CLARA, Calif., May 06, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) announced its financial results for the first quarter of 2025. The company reported a revenue of $7.4 billion, with a gross margin of 50%, operating income of $806 million, net income of $709 million, and diluted earnings per share of $0.44. On a non-GAAP basis, the gross margin was 54%, operating income was $1.8 billion, net income was $1.6 billion, and diluted earnings per share were $0.96.
Dr. Lisa Su, AMD’s chair and CEO, stated that the company had an outstanding start to 2025, driven by strength in core businesses and expanding data center and AI momentum. Despite a challenging macro and regulatory environment, AMD’s first-quarter results highlight the strength of its product portfolio and consistent execution, positioning it well for strong growth in 2025.
Jean Hu, AMD’s EVP, CFO, and Treasurer, noted that the company grew its first-quarter revenue by 36% year-over-year and delivered significant earnings leverage as its business gains scale. AMD continues to invest in R&D and go-to-market initiatives, positioning the company for long-term growth and value creation for shareholders.
The Data Center segment revenue was $3.7 billion, up 57% year-over-year, primarily driven by AMD EPYC™ CPU and AMD Instinct™ GPU sales. Client and Gaming segment revenue was $2.9 billion, up 28% year-over-year. Embedded segment revenue was $823 million, down 3% year-over-year.
AMD also closed the acquisition of ZT Systems, expanded strategic partnerships for AMD AI solutions, and announced support for the latest UALink 1.0 specification.
For the second quarter of 2025, AMD expects revenue to be approximately $7.4 billion, plus or minus $300 million. Non-GAAP gross margin is estimated to be 43%, inclusive of approximately $800 million in charges for inventory and related reserves due to new export controls.
— new from AMD