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Advanced Micro Devices vs Broadcom: revenue, profit, margins and growth compared

Advanced Micro Devices brought in $34.6B of revenue in fiscal 2025, Broadcom $63.9B in fiscal 2025. Revenue changed by +34.3% at Advanced Micro Devices and +23.9% at Broadcom on the year before, so Advanced Micro Devices grew faster. Advanced Micro Devices kept 12.5% of its revenue as net profit, Broadcom 36.2%. Free cash flow was $6.7B at Advanced Micro Devices and $26.9B at Broadcom.

Side by side, latest fiscal year

AMDAVGO
Fiscal year endedFY2025 (December 27, 2025)FY2025 (November 2, 2025)
Revenue$34.6B$63.9B
Revenue growth+34.3%+23.9%
Net income$4.3B$23.1B
Net margin12.5%36.2%
Free cash flow$6.7B$26.9B
Free cash flow margin19.4%42.1%
Earnings per share (diluted)$2.65$4.77
Cash$5.5B$16.2B
Debt$3.2B$65.1B
Price to earnings238.074.0
Market value$1.03T$1.68T
Dividend yieldn/a0.67%
Rank by revenue in sector#22 of 530 · Technology#11 of 530 · Technology

Over the years

Revenue
AMD FY2018: $6.5BAMD FY2019: $6.7BAMD FY2020: $9.8BAMD FY2021: $16.4BAMD FY2022: $23.6BAMD FY2023: $22.7BAMD FY2024: $25.8BAMD FY2025: $34.6BAVGO FY2018: $20.8BAVGO FY2019: $22.6BAVGO FY2020: $23.9BAVGO FY2021: $27.5BAVGO FY2022: $33.2BAVGO FY2023: $35.8BAVGO FY2024: $51.6BAVGO FY2025: $63.9BFY18FY19FY20FY21FY22FY23FY24FY25
AMD $34.6BAVGO $63.9B
Net income
AMD FY2018: $337MAMD FY2019: $341MAMD FY2020: $2.5BAMD FY2021: $3.2BAMD FY2022: $1.3BAMD FY2023: $854MAMD FY2024: $1.6BAMD FY2025: $4.3BAVGO FY2018: $12.3BAVGO FY2019: $2.7BAVGO FY2020: $2.7BAVGO FY2021: $6.4BAVGO FY2022: $11.5BAVGO FY2023: $14.1BAVGO FY2024: $5.9BAVGO FY2025: $23.1BFY18FY19FY20FY21FY22FY23FY24FY25
AMD $4.3BAVGO $23.1B
Net margin
AMD FY2018: 5.2%AMD FY2019: 5.1%AMD FY2020: 25.5%AMD FY2021: 19.2%AMD FY2022: 5.6%AMD FY2023: 3.8%AMD FY2024: 6.4%AMD FY2025: 12.5%AVGO FY2018: 58.8%AVGO FY2019: 11.9%AVGO FY2020: 11.1%AVGO FY2021: 23.4%AVGO FY2022: 34.6%AVGO FY2023: 39.3%AVGO FY2024: 11.4%AVGO FY2025: 36.2%FY18FY19FY20FY21FY22FY23FY24FY25
AMD 12.5%AVGO 36.2%
Revenue growth
AMD FY2019: +4.0%AMD FY2020: +45.0%AMD FY2021: +68.3%AMD FY2022: +43.6%AMD FY2023: -3.9%AMD FY2024: +13.7%AMD FY2025: +34.3%AVGO FY2019: +8.4%AVGO FY2020: +5.7%AVGO FY2021: +14.9%AVGO FY2022: +21.0%AVGO FY2023: +7.9%AVGO FY2024: +44.0%AVGO FY2025: +23.9%FY19FY20FY21FY22FY23FY24FY25
AMD +34.3%AVGO +23.9%
Free cash flow
AMD FY2018: -$129MAMD FY2019: $276MAMD FY2020: $777MAMD FY2021: $3.2BAMD FY2022: $3.1BAMD FY2023: $1.1BAMD FY2024: $2.4BAMD FY2025: $6.7BAVGO FY2018: $8.2BAVGO FY2019: $9.3BAVGO FY2020: $11.6BAVGO FY2021: $13.3BAVGO FY2022: $16.3BAVGO FY2023: $17.6BAVGO FY2024: $19.4BAVGO FY2025: $26.9BFY18FY19FY20FY21FY22FY23FY24FY25
AMD $6.7BAVGO $26.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Advanced Micro Devices and Broadcom

Which is bigger by revenue, Advanced Micro Devices or Broadcom?

Broadcom is bigger by revenue: $63.9B in fiscal 2025, against $34.6B for Advanced Micro Devices in fiscal 2025.

Which keeps more of its revenue as profit, Advanced Micro Devices or Broadcom?

Advanced Micro Devices had a net margin of 12.5% in fiscal 2025; Broadcom had 36.2% in fiscal 2025.

Which grew revenue faster, Advanced Micro Devices or Broadcom?

In their latest fiscal years revenue changed by +34.3% at Advanced Micro Devices and +23.9% at Broadcom.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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