AMD Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $13.4B, up 45% year-over-year, exceeded high end of guidance
- ➤Data Center revenue $8.5B, up 97% year-over-year, driven by EPYC and MI450
- ➤Non-GAAP diluted EPS $2.09, up 74% year-over-year
- ➤Q4 revenue outlook approximately $17B, plus or minus 3%, with 55% non-GAAP gross margin
- ➤Gaming revenue $773M, down 40% year-over-year, amid lower semi-custom and graphics revenue
Expert Statements
Lisa Su, Chair and CEO of AMD
“We delivered a record quarter with revenue exceeding the high end of our guidance as Data Center segment sales nearly doubled year-over-year. Demand for our Instinct and EPYC products continued to strengthen, and we expect growth to accelerate further in the fourth quarter as we scale Helios and ‘Venice’ production. With our leadership product portfolio and deep customer and supply chain relationships, we are confident in our ability to sustain very strong revenue growth and expanding profitability over the coming years.”
Jean Hu, Executive vice president, chief financial officer and treasurer of AMD
“Third quarter revenue grew 45% year-over-year to a record $13.4 billion, while non-GAAP earnings per share grew 74%, demonstrating the significant operating leverage in our business model as our Data Center business drives scale. Our fourth-quarter outlook reflects accelerating revenue and earnings growth, driven by strong demand across our Data Center portfolio.”
SANTA CLARA, Calif., Nov. 03, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced financial results for the third quarter of 2026. Third quarter revenue was $13.4 billion, gross margin was 54%, operating income was $2.8 billion, net income was $2.4 billion and diluted earnings per share was $1.46. On a non-GAAP((*)) basis, gross margin was 56%, operating income was $3.9 billion, net income was $3.5 billion and diluted earnings per share was $2.09.
“We delivered a record quarter with revenue exceeding the high end of our guidance as Data Center segment sales nearly doubled year-over-year,” said Dr. Lisa Su, AMD chair and CEO. “Demand for our Instinct and EPYC products continued to strengthen, and we expect growth to accelerate further in the fourth quarter as we scale Helios and ‘Venice’ production. With our leadership product portfolio and deep customer and supply chain relationships, we are confident in our ability to sustain very strong revenue growth and expanding profitability over the coming years.”
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