Two numbers had been swapped — sold more and sold dearer mean different things at the same growth rate
AMD filed an amendment (10-K/A) to its annual report for the fiscal year ended December 27, 2025 solely to correct figures in management discussion. Year-over-year changes in average selling price and unit shipments had been inadvertently transposed; correctly, unit shipments rose 15 percent and average selling price 31 percent.
Filing key facts
- CompanyADVANCED MICRO DEVICES INC (AMD)
- FormAnnual report (10-K/A)
- ExchangeNasdaq
- Industry (SIC)Semiconductors & Related Devices
- Filing date2026-02-04
- Period2025-12-27
- Accession no.0000002488-26-000021
Key points
- AMD filed an amendment to its annual report for the fiscal year ended December 27, 2025 solely to correct figures.
- Year-over-year changes in average selling price and unit shipments in the Client revenue disclosure had been inadvertently transposed.
- Correctly, unit shipments of processors rose 15 percent and average selling price rose 31 percent.
- Client net revenue was \$10.6 billion in 2025, up 51 percent from \$7.1 billion in 2024.
- Of the 644 SEC filings this site holds as of 2026-09-02, 2 are 10-K/A, and the other was filed to add Part III.
1When the reason for growth is reversed
Revenue grows for one of two broad reasons: more units sold, or a higher price per unit. The total can be identical while the meaning differs entirely. Volume points to demand spreading; price points to tight supply or a shift in product mix. AMD filed this amendment solely to correct which of the two had driven the year.
2What was corrected
Correctly stated, price rose 31 percent and volume 15 percent. Of the 51 percent increase, price carried the larger share. Left transposed, the passage invites the opposite reading. The totals do not move, but the interpretation inverts — which is why a correction was required.
3An amendment filed for that alone
The filing states that this is its only purpose, that no other item or disclosure is amended, updated or changed, and that events after the original filing are not reflected. An annual report runs to hundreds of pages, yet an entire separate filing was made to put two figures back in their places. It shows how disclosed numbers are treated.
4A rare form
The two 10-K/A filings in the records this site holds as of 2026-09-02 share no reason: one follows from the filing deadline mechanism, the other corrects figures. This site also covers a quarterly report where price and volume are separated in the same way, showing how much weight the practice places on distinguishing them.
Why it matters
Separating growth into price and volume carries real weight in disclosure practice. Because the interpretation inverts while the total stays the same, two swapped figures were enough to require a separate amendment.
FAQ
Why does transposing two figures matter?
How far does this amendment reach?
Sources (primary)
This article is an independent organization based on the U.S. SEC official disclosures below. Always verify the exact, latest details with the original filing.
- SEC EDGAR (filing index)
- Primary document (original)
- Accession no.：0000002488-26-000021