AMD Reports Fourth Quarter and Full Year 2022 Financial Results

  GAAP Non-GAAP (*)
  2022 2021 Y/Y 2022 2021 Y/Y
Revenue ($M)$23,601$16,434Up 44%$23,601$16,434Up 44%
Gross profit ($M)$10,603$7,929Up 34%$12,273$7,934Up 55%
Gross margin %45%48%Down 330bps52%48%Up 370bps
Operating expenses ($M)$9,441$4,293Up 120%$6,030$3,877Up 56%
Operating income ($M)$1,264$3,648Down 65% $6,345 $4,069 Up 56%
Operating margin % 5% 22% Down 17pp 27% 25% Up 2pp
Net income ($M) $1,320 $3,162 Down 58% $5,504 $3,435 Up 60%
Earnings per share $0.84 $2.57 Down 67% $3.50 $2.79 Up 25%

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