At the archive date, ADVANCED MICRO DEVICES INC was expected to release its Q3 2026 10-Q filing on November 2, 2026, after market close. Last quarter: AMD's fiscal second quarter revenue jumped 50% and gross margin reached 54%, propelled by a doubling of Data Center sales, while operating expenses rose sharply to fund AI expansion.
EPS Estimate
$1.95
Revenue Estimate
$13.2B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the AMD page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Data Center net revenue surged 107% year-over-year to $6.7 billion, fueled by strong demand for AMD EPYC processors and AMD Instinct MI350 Series GPUs. The segment swung to a $2.1 billion operating income, recovering from a prior-year loss that included inventory charges tied to export controls on MI308 GPUs.
Gross margin reached 54%, up from 40% a year ago, primarily due to the absence of inventory and related charges from the U.S. government export control on AMD Instinct MI308 products and a favorable product mix, including higher Data Center revenue.
AMD entered multi-year agreements with OpenAI and Meta, each intending to deploy up to 6 gigawatts of AMD data center GPUs, starting with the MI450 series. The companies received warrants to purchase up to 160 million shares each, vesting upon GPU purchase milestones and stock price/performance conditions.
Revenue
$11.54B
+50.11% YoY
EPS (Diluted)
$1.38
+155.56% YoY
Gross Margin
53.8%
+14.0 pts YoY
Operating Income
$1.99B
+1585.07% YoY
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