gross margin non-GAAP, FY2022
Advanced Micro Devices, Inc. expects gross margin non-GAAP of 54% for FY2022.
Guided 54% on 3 May 2022; reported 52% 273 days later; below the range by 3.7%, worse than guided.
01G23KEX00A03B06RHFY2N7C9G
- Status
- missed worse than guided
- Guided
- 54%
- Stated
- 2022-05-03
- Reported
- 52%
- Outcome date
- 2023-01-31
- Days to falsifiable
- 273
- Acknowledged
- no
The guidance
AMD expects non-GAAP gross margin to be approximately 54% for 2022, up from prior guidance of approximately 51%.
8-K 0000002488-22-000074, filed 2022-05-03 View on EDGAR
The outcome
On a non-GAAP(*) basis, gross margin was 52%, operating income was $6.3 billion, net income was $5.5 billion and diluted earnings per share was $3.50.
8-K 0000002488-23-000007, filed 2023-01-31 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.