Advanced Micro Devices free cash flow AMD
Cash from operations less capital spending, by quarter and over the last twelve months, from 2009.
- Last 12 months, to Jun 27, 2026
- $8.4B
- Latest quarter, Q2 FY26
- $1.6B
- −10% on a year earlier
- Fiscal year 2025
- $6.7B
- +180% on the year before
Advanced Micro Devices' free cash flow was $8.4B over the twelve months to Jun 27, 2026, up 108% on a year earlier.
In its latest quarter, Q2 FY26, it was $1.6B, down 10% on the same quarter a year before.
Over the five fiscal years to FY2025 it grew 54% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $6.7B | +180% |
| FY2024 | $2.4B | +115% |
| FY2023 | $1.1B | −64% |
| FY2022 | $3.1B | −3% |
| FY2021 | $3.2B | +314% |
| FY2020 | $777M | +182% |
| FY2019 | $276M | n/a |
| FY2018 | −$129M | n/a |
| FY2017 | −$101M | −877% |
| FY2016 | $13M | n/a |
| FY2015 | −$322M | n/a |
| FY2014 | −$193M | n/a |
| FY2013 | −$232M | n/a |
| FY2012 | −$471M | −457% |
| FY2011 | $132M | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $1.6B | −10% | $8.4B | |
| Q1 FY26 | $2.6B | +253% | $8.6B | |
| Q4 FY25 | $2.4B | +118% | $6.7B | |
| Q3 FY25 | $1.9B | +283% | $5.4B | |
| Q2 FY25 | $1.7B | +294% | $4B | |
| Q1 FY25 | $727M | +92% | $2.8B | |
| Q4 FY24 | $1.1B | +351% | $2.4B | |
| Q3 FY24 | $496M | +67% | $1.6B | |
| Q2 FY24 | $439M | +73% | $1.4B | |
| Q1 FY24 | $379M | +16% | $1.2B | |
| Q4 FY23 | $242M | −45% | $1.1B | |
| Q3 FY23 | $297M | −65% | $1.3B |
Against its peers
Companies in Semiconductors nearest Advanced Micro Devices' size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| AMDAdvanced Micro Devices | 1.0% |
| MUMicron Technology | 5.9% |
| AVGOBroadcom | 2.6% |
| INTCIntel | 0.6% |
| AMATApplied Materials | 1.9% |
| LRCXLam Research | n/m |
| TXNTexas Instruments | n/m |
| MRVLMarvell Technology | 0.9% |
| KLACKLA | 2.0% |
| ADIAnalog Devices | 2.6% |
| QCOMQUALCOMM | 5.6% |
| Peer median | 2.3% |
Where Advanced Micro Devices ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Advanced Micro Devices
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.