AMD set revenue records in Q4 2021 and for all of last year

AMD’s strong 2021 finished off with a record-breaking final quarter.

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What you need to know

What you need to know

AMD justshared figuresfor the fourth quarter of 2021 and for the entirety of last year. The tech giant brought in record revenue in both the final quarter of 2021 and in the year overall. Growth was driven by several factors, including “growing adoption” of AMD’s EPYC processors in the cloud and enterprise space.

In Q4 2021, AMD brought in $4.8 billion of revenue, which is an increase of 49% year-over-year. The company’s operating income in that quarter was $1.2 billion, and its net income was $974 million.

AMD earned $16.4 billion in revenue in 2021. Its operating income was $3.6 billion, and its net income was $3.2 billion.

“2021 was an outstanding year for AMD with record annual revenue and profitability,” said Dr. Lisa Su, AMD’s President and CEO. “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.

In addition to data center growth, AMD saw success with its new Radeon RX 6000M Series and Radeon RX 6000S Series mobile graphics. Three newRadeon RX 6000 Series desktop graphics cardsalso launched last year.

AMD expects revenue of approximately $5.0 billion in the first quarter of 2022. Revenue of approximately $21.5 billion is expected by AMD for all of 2022.

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Sean Endicott is a tech journalist at Windows Central, specializing in Windows, Microsoft software, AI, and PCs. He’s covered major launches, from Windows 10 and 11 to the rise of AI tools like ChatGPT. Sean’s journey began with the Lumia 740, leading to strong ties with app developers. Outside writing, he coaches American football, utilizing Microsoft services to manage his team. He studied broadcast journalism at Nottingham Trent University and is active on X @SeanEndicott_ and Threads @sean_endicott_.