Advanced Micro Devices Inc (AMD)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	10,460,000	9,952,000	9,559,000	10,144,000	10,603,000	10,626,000	10,358,000	9,160,000	7,929,000	6,954,000	6,098,000	5,116,000	4,347,000	3,845,000	3,392,000	3,165,000	2,868,000	2,456,000	2,340,000	2,371,000
Revenue (ttm)	US$ in thousands	22,910,000	22,190,000	21,950,000	23,144,000	23,650,000	22,763,000	21,535,000	18,850,000	16,413,000	14,803,000	13,287,000	11,365,000	9,698,000	8,572,000	7,519,000	7,107,000	6,643,000	5,924,000	5,810,000	6,029,000
Gross profit margin		45.66%	44.85%	43.55%	43.83%	44.83%	46.68%	48.10%	48.59%	48.31%	46.98%	45.89%	45.02%	44.82%	44.86%	45.11%	44.53%	43.17%	41.46%	40.28%	39.33%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $10,460,000K ÷ $22,910,000K
= 45.66%

The gross profit margin of Advanced Micro Devices Inc has fluctuated over the periods provided, ranging from 39.33% in March 2019 to 48.59% in March 2022. In general, the company has maintained a gross profit margin above 40% in recent years, indicating efficient cost management and pricing strategies.

The declining trend observed in the most recent quarters suggests potential challenges in controlling production costs or pricing pressures in the semiconductor industry. It's essential for investors and stakeholders to monitor the company's ability to sustain and improve its gross profit margin to ensure long-term profitability and competitiveness.