AMD Reports Record Revenues

Posted on February 1, 2022 by Paul Thurrott in Hardware, Mobile, Windows 10, Windows 11 with 12 Comments

AMD today reported record revenues for the fourth quarter and full-year 2021, with major gains across PC, graphics, enterprise, and embedded.

“2021 was an outstanding year for AMD with record annual revenue and profitability,” AMD president and CEO Dr. Lisa Su said. “Each of our businesses performed extremely well, with data center revenue doubling year-over-year driven by growing adoption of AMD EPYC processors across cloud and enterprise customers. We expect another year of significant growth in 2022 as we ramp our current portfolio and launch our next generation of PC, gaming, and data center products.”

AMD reported a net income of $974 million on revenues of $4.8 billion for the fourth quarter of 2021, with revenues up 49 percent year-over-year (YOY). For the full year 2021, AMD reported a net income of $3.2 billion on revenues of $16.4 billion; those figures are up 27 percent and 68 percent respectively. Gross margins for 2021 were 50 percent, up 5 percent YOY.

(By comparison, AMD’s biggest competitor, Intel, reported a net income of $4.6 billion on record revenues of $20.5 billion for the fourth quarter and a net income of $19.9 billion on revenues of $79 billion for all of 2021. So it remains a disproportionately bigger company.)

AMD has three primary business units, with its Computing and Graphics segment reporting revenues of $2.6 billion in the quarter, up 32 percent YOY. Its Enterprise, Embedded and Semi-Custom segment reported revenues of $2.2 billion, up 75 percent YOY. And All Other reported an operating loss of $121 million, compared to an operating loss of $93 million one year ago.

AMD expects very strong YOY growth in the current quarter, with revenues increasing about 45 percent.

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Comments (12)

12 responses to “AMD Reports Record Revenues”

  1. Stokkolm

    It will certainly be interesting to see if their growth continues with what appears to be significantly renewed competition from Intel and of course Apple now.

    • jgraebner

      As long as Apple limits their silicon to their own devices, I don't really see them as competition for AMD.

      • Donte

        Agreed. Apple will never sell their CPU's to anyone else. M-chips are an Apple only deal.

        While I have a 16inch Macbook with a M1 Pro (work provided), I do not think they are that great to be honest.

        Yes way less fan noise than my previous 16inch Intel Macbook (work provided) but I do not do anything on it to use the power of the M1, which truly seems to be video work with the built in hardware codec's.

        • Saarek

          I've got the same MacBook Pro and it's an absolute beast running Python and R against the previous Intel model.

          All about sustained loads for me. The old MacBook Pro would sound like a jet fighter after a few seconds and then pathetically start throttling after a few minutes on my data models. This new MacBook doesn't break a sweat and barely gets warm, zero throttling despite some of the models taking up to an hour to complete.

          Can't wait for the new iMac Pro so that I can sell off my old desktop workhorse.

  2. brettscoast

    This is a good result its important that AMD is doing well and continues to do well as Intel needs a strong competitor.

    • Donte

      This for sure. They have woken Intel up for sure.

      AMD has been the go to CPU choice for PC gamers (those that build their own) ever since the 3000 series. It was price/cores/performance with the 3000. Intel was slightly faster at gaming then but way more expensive at the time. Ryzen 5000 series matched (for a moment in time) the IPC of Intel but they raised their prices.

      Intel has responded big time now. Dropped their prices, improved performance and finally gotten to 10nm which by all accounts is the same as the AMD 7nm process when it comes to density. The Ryzen 5600x considered the gaming sweet spot (price/performance) has not be de-throned by the 12400/f in terms of (price/performance).

      I personally have had issues with AMD drivers, both video card and chipset. There is currently another AMD/Windows 11 problem with TPM. AMD uses FTPM and its causing stutter for gamers and they are rolling back to Windows 10. This after the CPU performance issues at launch with Windows 11 and later the SSD slowness, both fixed now.

      Intel for me is a safer bet, stability wise.

  3. digiguy

    AMD is still smaller than Apple's Airpods business

  4. nicholas_kathrein

    I have a 5800x with a 6900xt devil something model in Windows 11 and no issues. I play the new games like halo and farcry (newest) and all is great. Maybe I'm lucky.

  5. WaltC

    Intel is bigger--AMD is better. At this rate, it won't be long before AMD exceeds Intel in sheer volume.

    • Greg Green

      According to statista AMD has 25% of the laptop market, 16% of the server market, and breaks even with the desktop market, which is about a quarter of desktop/laptop sales. They’ve got a long way to go. They’re making great products now though, even in the gpu division.

  6. clutem1987

    I bought a thinkpad T14 in 2020 with a Ryzen 7 Pro. Absolutely love it. Dual boot openSUSE with Windows 10. I was away from AMD for about 10 years. Was glad I came back.