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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently AMD operates and where it’s prioritizing investment to drive growth and innovation.AMD’s expense mix is shifting from acquisition-driven charges to heavy organic investment: amortization jumped post-2022 but is steadily receding, while R&D and SG&A accelerate sharply from 2024 onward. That means recurring, company-led spending—aimed at datacenter/AI products and go‑to‑market expansion—is now the main driver of higher operating costs. The amortization tailwind helps, but rising core expenses could pressure near-term margins unless revenue and datacenter share gains outpace this sustained investment; licensing items have effectively normalized.
Date | Research and Development | Selling, General, and Administrative | Amortizations | Licensing |
|---|---|---|---|---|
Jun 30, 2026 | $2.53B | $1.40B | $284.00M | $0.00 |
Mar 31, 2026 | $2.40B | $1.25B | $290.00M | $0.00 |
Dec 31, 2025 | $2.33B | $1.20B | $297.00M | $0.00 |
Sep 30, 2025 | $2.14B | $1.07B | $302.00M | $0.00 |
Jun 30, 2025 | $1.89B | $991.00M | $308.00M | $0.00 |
Mar 31, 2025 | $1.73B | $886.00M | $316.00M | $0.00 |
Dec 31, 2024 | $1.71B | $792.00M | $332.00M | -$11.00M |
Sep 30, 2024 | $1.64B | $721.00M | $352.00M | -$14.00M |
Jun 30, 2024 | $1.58B | $650.00M | $372.00M | -$10.00M |
Mar 31, 2024 | $1.52B | $620.00M | $392.00M | -$13.00M |