# ADVANCED MICRO DEVICES, INC (AMD) FY2024 Q1 P&L / Income Statement

- Company: ADVANCED MICRO DEVICES, INC (AMD)
- Period: 2023-12-31 to 2024-03-30
- Filing: Q1 FY2024 10-Q, filed 2024-05-01, accession number 0000002488-24-000056
- Page: https://plicit.ai/financials/amd/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/amd-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2023-12-31 through 2024-03-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 5,473,000,000 US dollars
- **Cost of sales**: 2,913,000,000 US dollars
- **Gross profit**: 2,560,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 2,524,000,000 US dollars
- **Operating income (loss)**: 36,000,000 US dollars
- **Other income (expense), net (calculated)**: 28,000,000 US dollars
- **Income (loss) before income taxes and equity income**: 64,000,000 US dollars
- **Income tax provision (benefit)**: negative 52,000,000 US dollars
- **Net income (loss)**: 123,000,000 US dollars
- **Data Center**: 922,000,000 US dollars
- **Client**: 2,337,000,000 US dollars
- **Gaming**: 1,368,000,000 US dollars
- **Embedded**: 846,000,000 US dollars
- **Research and development**: 1,525,000,000 US dollars
- **Marketing, general and administrative**: 620,000,000 US dollars
- **Amortization of acquisition-related intangibles-Opex**: 392,000,000 US dollars
- **Licensing gain**: negative 13,000,000 US dollars
- **Equity income in investee**: 7,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.