AMD vs Intel — Free Cash Flow Comparison

AMD (AMD) free cash flow was $6.7B in FY2025 (+180% YoY); Intel (INTC) free cash flow was -$4.9B in FY2025 (+68% YoY). The tables below show the complete quarterly and annual free cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	AMD	Intel
2025	$6.7B	-$4.9B
2024	$2.4B	-$15.7B
2023	$1.1B	-$14.3B
2022	$3.1B	-$9.4B
2021	$3.2B	$10.7B
2020	$777M	$21.6B
2019	$276M	$16.9B
2018	-$129M	$14.3B
2017	-$101M	$10.3B
2016	$4M	—
2015	-$322M	—
2014	-$193M	—
2013	-$232M	—
2012	-$471M	$7.9B
2011	$132M	$10.2B
2010	-$560M	$11.5B
2009	$7M	$6.7B
2008	-$1.3B	$5.7B
2007	—	$7.6B

AMD — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$6.7B	+180%
2024	$2.4B	+115%
2023	$1.1B	-64%
2022	$3.1B	-3%
2021	$3.2B	+314%
2020	$777M	+182%
2019	$276M	+314%
2018	-$129M	-28%
2017	-$101M	-2625%
2016	$4M	+101%
2015	-$322M	-67%
2014	-$193M	+17%
2013	-$232M	+51%
2012	-$471M	-457%
2011	$132M	+124%
2010	-$560M	-8100%
2009	$7M	+101%
2008	-$1.3B

Intel — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	-$4.9B	+68%
2024	-$15.7B	-10%
2023	-$14.3B	-52%
2022	-$9.4B	-188%
2021	$10.7B	-50%
2020	$21.6B	+28%
2019	$16.9B	+19%
2018	$14.3B	+38%
2017	$10.3B	+32%
2012	$7.9B	-23%
2011	$10.2B	-11%
2010	$11.5B	+73%
2009	$6.7B	+16%
2008	$5.7B	-25%
2007	$7.6B

Source: AMD on EDGAR · INTC on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.