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Side-by-side financial comparison of Advanced Micro Devices (AMD) and KLA Corporation (KLAC). Click either name above to swap in a different company.
Advanced Micro Devices is the larger business by last-quarter revenue ($10.3B vs $3.3B, roughly 3.1× KLA Corporation). KLA Corporation runs the higher net margin — 34.7% vs 14.7%, a 20.0% gap on every dollar of revenue. On growth, Advanced Micro Devices posted the faster year-over-year revenue change (34.1% vs 7.2%). Advanced Micro Devices produced more free cash flow last quarter ($2.4B vs $1.3B). Over the past eight quarters, Advanced Micro Devices's revenue compounded faster (37.0% CAGR vs 18.2%).
Advanced Micro DevicesAMDEarnings & Financial Report
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. AMD designs and produces high-performance CPUs, GPUs, and adaptive SoCs for data centers, gaming, PCs, and embedded systems. Its flagship product lines include Ryzen and EPYC processors, Radeon graphics, and Instinct AI accelerators. AMD acquired Xilinx in 2022, expanding into FPGAs and adaptive computing, and competes directly with Intel and NVIDIA.
KLA Corporation is an American company based in Milpitas, California that makes wafer fab equipment. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.
AMD vs KLAC — Head-to-Head
Income Statement — Q4 2025 vs Q2 2026
| Metric | | |
|---|---|---|
| Revenue | $10.3B | $3.3B |
| Net Profit | $1.5B | $1.1B |
| Gross Margin | 54.3% | 61.4% |
| Operating Margin | 17.1% | — |
| Net Margin | 14.7% | 34.7% |
| Revenue YoY | 34.1% | 7.2% |
| Net Profit YoY | 213.5% | 39.0% |
| EPS (diluted) | $0.92 | $8.68 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $10.3B | $3.3B | ||
| Q3 25 | $9.2B | $3.2B | ||
| Q2 25 | $7.7B | $3.2B | ||
| Q1 25 | $7.4B | $3.1B | ||
| Q4 24 | $7.7B | $3.1B | ||
| Q3 24 | $6.8B | $2.8B | ||
| Q2 24 | $5.8B | $2.6B | ||
| Q1 24 | $5.5B | $2.4B |
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $872.0M | $1.2B | ||
| Q1 25 | $709.0M | $1.1B | ||
| Q4 24 | $482.0M | $824.5M | ||
| Q3 24 | $771.0M | $945.9M | ||
| Q2 24 | $265.0M | $836.4M | ||
| Q1 24 | $123.0M | $601.5M |
| Q4 25 | 54.3% | 61.4% | ||
| Q3 25 | 51.7% | 61.3% | ||
| Q2 25 | 39.8% | 62.0% | ||
| Q1 25 | 50.2% | 61.6% | ||
| Q4 24 | 50.7% | 60.3% | ||
| Q3 24 | 50.1% | 59.6% | ||
| Q2 24 | 49.1% | 60.7% | ||
| Q1 24 | 46.8% | 57.9% |
| Q4 25 | 17.1% | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | -1.7% | 41.9% | ||
| Q1 25 | 10.8% | 41.3% | ||
| Q4 24 | 11.4% | 31.6% | ||
| Q3 24 | 10.6% | 38.0% | ||
| Q2 24 | 4.6% | 36.8% | ||
| Q1 24 | 0.7% | 29.7% |
| Q4 25 | 14.7% | 34.7% | ||
| Q3 25 | 13.4% | 34.9% | ||
| Q2 25 | 11.3% | 37.9% | ||
| Q1 25 | 9.5% | 35.5% | ||
| Q4 24 | 6.3% | 26.8% | ||
| Q3 24 | 11.3% | 33.3% | ||
| Q2 24 | 4.5% | 32.6% | ||
| Q1 24 | 2.2% | 25.5% |
| Q4 25 | $0.92 | $8.68 | ||
| Q3 25 | $0.75 | $8.47 | ||
| Q2 25 | $0.54 | $9.04 | ||
| Q1 25 | $0.44 | $8.16 | ||
| Q4 24 | $0.30 | $6.16 | ||
| Q3 24 | $0.47 | $7.01 | ||
| Q2 24 | $0.16 | $6.16 | ||
| Q1 24 | $0.07 | $4.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.6B | $2.5B |
| Total DebtLower is stronger | — | $5.9B |
| Stockholders' EquityBook value | $63.0B | $5.5B |
| Total Assets | $76.9B | $16.7B |
| Debt / EquityLower = less leverage | — | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.6B | $2.5B | ||
| Q3 25 | $7.2B | $1.9B | ||
| Q2 25 | $5.9B | $2.1B | ||
| Q1 25 | $7.3B | $1.9B | ||
| Q4 24 | $5.1B | $1.8B | ||
| Q3 24 | $4.5B | $2.0B | ||
| Q2 24 | $5.3B | $2.0B | ||
| Q1 24 | $6.0B | $1.8B |
| Q4 25 | — | $5.9B | ||
| Q3 25 | — | $5.9B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $5.9B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.9B | ||
| Q1 24 | — | $5.9B |
| Q4 25 | $63.0B | $5.5B | ||
| Q3 25 | $60.8B | $5.0B | ||
| Q2 25 | $59.7B | $4.7B | ||
| Q1 25 | $57.9B | $4.0B | ||
| Q4 24 | $57.6B | $3.6B | ||
| Q3 24 | $57.0B | $3.6B | ||
| Q2 24 | $56.5B | $3.4B | ||
| Q1 24 | $56.2B | $3.1B |
| Q4 25 | $76.9B | $16.7B | ||
| Q3 25 | $76.9B | $16.3B | ||
| Q2 25 | $74.8B | $16.1B | ||
| Q1 25 | $71.5B | $15.2B | ||
| Q4 24 | $69.2B | $15.0B | ||
| Q3 24 | $69.6B | $15.7B | ||
| Q2 24 | $67.9B | $15.4B | ||
| Q1 24 | $67.9B | $15.0B |
| Q4 25 | — | 1.08× | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.90× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.6B | $1.4B |
| Free Cash FlowOCF − Capex | $2.4B | $1.3B |
| FCF MarginFCF / Revenue | 23.2% | 38.3% |
| Capex IntensityCapex / Revenue | 2.2% | 3.2% |
| Cash ConversionOCF / Net Profit | 1.72× | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $6.7B | $4.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.6B | $1.4B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $939.0M | $1.1B | ||
| Q4 24 | $1.3B | $849.5M | ||
| Q3 24 | $628.0M | $995.2M | ||
| Q2 24 | $593.0M | $892.6M | ||
| Q1 24 | $521.0M | $910.0M |
| Q4 25 | $2.4B | $1.3B | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $727.0M | $990.0M | ||
| Q4 24 | $1.1B | $757.2M | ||
| Q3 24 | $496.0M | $934.8M | ||
| Q2 24 | $439.0M | $831.9M | ||
| Q1 24 | $379.0M | $838.2M |
| Q4 25 | 23.2% | 38.3% | ||
| Q3 25 | 20.6% | 33.2% | ||
| Q2 25 | 22.5% | 33.5% | ||
| Q1 25 | 9.8% | 32.3% | ||
| Q4 24 | 14.2% | 24.6% | ||
| Q3 24 | 7.3% | 32.9% | ||
| Q2 24 | 7.5% | 32.4% | ||
| Q1 24 | 6.9% | 35.5% |
| Q4 25 | 2.2% | 3.2% | ||
| Q3 25 | 2.8% | 3.0% | ||
| Q2 25 | 3.7% | 3.2% | ||
| Q1 25 | 2.9% | 2.7% | ||
| Q4 24 | 2.7% | 3.0% | ||
| Q3 24 | 1.9% | 2.1% | ||
| Q2 24 | 2.6% | 2.4% | ||
| Q1 24 | 2.6% | 3.0% |
| Q4 25 | 1.72× | 1.19× | ||
| Q3 25 | 1.74× | 1.04× | ||
| Q2 25 | 2.31× | 0.97× | ||
| Q1 25 | 1.32× | 0.99× | ||
| Q4 24 | 2.70× | 1.03× | ||
| Q3 24 | 0.81× | 1.05× | ||
| Q2 24 | 2.24× | 1.07× | ||
| Q1 24 | 4.24× | 1.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMD
| Other | $5.4B | 52% |
| Client | $3.1B | 30% |
| Embedded | $950.0M | 9% |
| Gaming | $843.0M | 8% |
KLAC
| Wafer Inspection | $1.6B | 48% |
| Services | $786.1M | 24% |
| Patterning | $696.2M | 21% |
| Specialty Semiconductor Process | $121.6M | 4% |
| PCB And Component Inspection | $80.3M | 2% |
| Other Revenue | $40.2M | 1% |
