AMD Results Presentation Deck
24
APPENDICES
Reconciliation of GAAP to Non-GAAP Gross Profit and Gross Margin
(Millions) (Unaudited)
GAAP gross profit
GAAP gross margin %
Stock-based compensation
Acquisition-related costs (1)
Amortization of acquired intangible assets
Non-GAAP gross profit
Non-GAAP gross margin %
Reconciliation of GAAP to Non-GAAP Operating Expenses
Q4'21
Q1'21
1,950 $ 929 $ 1,223
33%
27%
25%
170
84
111
141
15
9
293
1,346 $
23%
(Millions) (Unaudited)
GAAP operating expenses
GAAP Operating Expenses/Revenue %
Stock-based compensation
Acquisition-related costs (1)
Q1'21 Q2'21 Q3'21 Q4'21 Q1'22
Q2'20 Q3'20 Q4'20
$ 848 $ 1,230 $ 1,451 $ 1,587 $ 1,830 $2,086 $ 2,426 $ 2,818
44%
44%
45%
46%
48%
50%
48%
48%
2
2
1
1
1
1
4
92
186
$ 850 $ 1,231 $ 1,452 $ 1,588 $ 1,832 $2,087 $ 2,427 $ 3,100
44%
44%
45%
46%
48%
48%
53%
50%
Amortization of acquired intangible assets
Non-GAAP operating expenses
Non-GAAP Operating Expenses/Revenue %
$
$
Q1'22
830 $
24%
1,103
23%
1
I
(1) Acquisition-related costs primarily comprised of transaction costs, purchase price adjustments for inventory and certain compensation charges.
Q1 2022 FINANCIAL RESULTS | MAY 3, 2022
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