AMD shares rise over 5% post-market; Q1 revenue at $7.44 billion, EPS at $0.96
Title: AMD Shares Rise Post-Market; Q1 Revenue at $7.44 Billion, EPS at $0.96
Santa Clara, Calif. — AMD (NASDAQ: AMD) reported its first-quarter 2025 financial results, which saw a significant increase in revenue and earnings per share (EPS) compared to the same period last year. The company's stock experienced a post-market rise of over 5% following the announcement.
Key financial highlights include:
- Revenue: AMD reported a Q1 2025 revenue of $7.44 billion, a 36% year-over-year (YoY) increase.
- Gross Margin: The gross margin stood at 50% on a GAAP basis and 54% on a non-GAAP basis.
- Operating Income: Operating income reached $806 million on a GAAP basis and $1.8 billion on a non-GAAP basis.
- Net Income: Net income for the quarter was $709 million on a GAAP basis and $1.6 billion on a non-GAAP basis.
- EPS: Diluted EPS was $0.44 on a GAAP basis and $0.96 on a non-GAAP basis.
AMD's CEO, Dr. Lisa Su, commented on the strong performance, stating, "We delivered an outstanding start to 2025 as year-over-year growth accelerated for the fourth consecutive quarter driven by strength in our core businesses and expanding data center and AI momentum." AMD's EVP, CFO, and Treasurer, Jean Hu, added, "We grew first quarter revenue 36% year-over-year and delivered significant earnings leverage as our business gains scale."
The company's data center segment revenue increased by 57% YoY, primarily driven by growth in AMD EPYC™ CPU and AMD Instinct™ GPU sales. The client and gaming segments also showed strong growth, with client revenue up 68% and gaming revenue down 30%. The embedded segment saw a 3% decline in revenue.
AMD has also been expanding its strategic partnerships and investing in R&D initiatives to support its long-term growth. The company's acquisition of ZT Systems and strategic partnerships with various organizations highlight its commitment to the data center AI accelerator opportunity.
Looking ahead, AMD expects revenue to be approximately $7.4 billion for the second quarter of 2025, with a non-GAAP gross margin of 43%, excluding charges for inventory and related reserves due to new export controls.
AMD will hold a conference call at 2:00 p.m. PT (5:00 p.m. ET) today to discuss its first-quarter 2025 financial earnings results, with a real-time audio broadcast available on its Investor Relations page at www.amd.com.
References
1. [https://www.streetinsider.com/Globe+Newswire/AMD+Reports+First+Quarter+2025+Financial+Results/24750229.html](https://www.streetinsider.com/Globe+Newswire/AMD+Reports+First+Quarter+2025+Financial+Results/24750229.html)
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