gross margin non-GAAP, FY2022
Advanced Micro Devices, Inc. expects gross margin non-GAAP of 54% for FY2022.
Guided 54% on 2 Aug 2022; reported 52% 182 days later; below the range by 3.7%, worse than guided.
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- Status
- missed worse than guided
- Guided
- 54%
- Stated
- 2022-08-02
- Reported
- 52%
- Outcome date
- 2023-01-31
- Days to falsifiable
- 182
- Acknowledged
- no
The guidance
AMD continues to expect non-GAAP gross margin to be approximately 54% for 2022.
8-K 0000002488-22-000120, filed 2022-08-02 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.