ADVANCED MICRO DEVICES INC (AMD) Form 10-Q — Aug 4, 2026
AMD reported Q2 fiscal 2026 net revenue of $11.5 billion, up 50% year over year, with Data Center segment revenue more than doubling to $6.7 billion on strong demand for EPYC processors and Instinct MI350 GPUs. Gross margin expanded 14 points to 54% and net income more than doubled to $2.3 billion, or $1.38 diluted EPS versus $0.54 a year ago. The prior-year quarter was burdened by inventory charges tied to U.S. export controls on Instinct MI308 data center GPUs, and their absence plus favorable mix drove the margin recovery.
Key figures
- Eps
- 1.38
- Revenue
- 11536
- Net Income
- 2297
- Total Debt
- 3250
- Revenue Yoy
- 50%
- Cash Position
- 5086
- Shares Outstanding
- 1632475042
- Rd Expense Q2
- 2528
- Gross Margin Q2
- 54% vs 40% prior year
- Other Income Q2
- 598
- Client Revenue Q2
- 3062
- Gaming Revenue Q2
- 779
- Earnout Receivable
- 348
- Embedded Revenue Q2
- 977
- Operating Income Q2
- 1990
- Effective Tax Rate Q2
- 9.8%
- Data Center Revenue Q2
- 6718
- Operating Cash Flow1 H
- 5321
- Purchase Commitments
- 30.3 billion unconditional
- Data Center Revenue Yoy
- 107%
- Commercial Paper Program
- 5.5 billion
- Future Data Center Leases
- 9.5 billion over up to 16 years commencing 2027-2028
- Warrant Shares Potential
- up to 320 million shares (160M OpenAI + 160M Meta) at $0.01 exercise price, none vested
- Revolving Credit Facility
- 5.0 billion
- Zt Acquisition Consideration
- 4.4 billion
- Cash Plus Short Term Investments
- 13.1 billion
- Repurchase Authority Remaining
- 9.2 billion of 14 billion total
- Zt Manufacturing Divestiture Price
- 2.4 billion
Price after filing
Close on the filing date to close N calendar days later (from $485.39). Historical, not a forecast.
AI analysis
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