Quarterly ResultMay 5, 2026, 04:17 PM
AMD Q1 Revenue $10.3B, EPS $0.84; Data Center +57%; Q2 Outlook $11.2B
AI Summary
AMD reported strong first-quarter 2026 financial results, with revenue reaching $10.3 billion and diluted EPS of $0.84. Non-GAAP diluted EPS was $1.37. The Data Center segment was the primary driver, growing 57% year-over-year due to accelerating AI infrastructure demand. The company also provided a positive outlook for Q2 2026, expecting revenue of approximately $11.2 billion, and highlighted strengthening customer engagement for its AI products and strategic collaborations.
Key Highlights
- Q1 2026 GAAP revenue was $10.25 billion, up 38% year-over-year.
- Q1 2026 GAAP diluted EPS was $0.84, up 91% year-over-year.
- Q1 2026 Non-GAAP diluted EPS was $1.37, up 43% year-over-year.
- Data Center segment revenue grew 57% year-over-year to $5.8 billion.
- Client and Gaming segment revenue increased 23% year-over-year to $3.6 billion.
- Q1 2026 free cash flow was $2.57 billion, up from $727 million in Q1 2025.
- AMD expects Q2 2026 revenue of approximately $11.2 billion, up 46% YoY.
- Non-GAAP gross margin is expected to be approximately 56% in Q2 2026.