AMD Results Presentation Deck
APPENDICES
RECONCILIATION OF GAAP TO NON-GAAP GROSS PROFIT AND GROSS MARGIN
Q3'22 Q4'22 Q1'23 Q2'23 Q3'23
$ 2,354 $ 2,403 $2,359 $ 2,443 $ 2,747
42%
44%
46%
47%
43%
9
8
8
10
6
412
443
305
212
210
2
4
3
$ 2,776 $ 2,859 $ 2,675 $ 2,665 $ 2,963
50%
51%
50%
50%
51%
(Millions) (Unaudited)
GAAP gross profit
GAAP gross margin
Stock-based compensation
Amortization of acquisition-related intangibles
Acquisition-related and other costs (1)
Non-GAAP gross profit
Non-GAAP gross margin
RECONCILIATION OF GAAP TO NON-GAAP
(Millions) (Unaudited)
GAAP operating expenses
GAAP operating expenses/revenue %
28
Stock-based compensation
Amortization of acquisition-related intangibles
Acquisition-related and other costs (1)
Non-GAAP operating expenses
Non-GAAP operating expenses/revenue %
Q3'23
$2,533
44%
347
450
39
$ 1,697
29%
OPERATING EXPENSES
Q3'22
$ 2,426
44%
261
590
55
$ 1,520
27%
Q2'23
$ 2,471
46%
338
481
47
$ 1,605
30%
(1) Acquisition-related and other costs primarily comprised of transaction costs, purchase price adjustments for inventory, certain compensation charges, contract termination and
workforce rebalancing charges.
Q3 2023 FINANCIAL RESULTS - OCTOBER 31, 2023
AMD
together we advance_View entire presentation