Quarterly ResultMay 5, 2026, 04:23 PM
AMD Q1 Revenue $10.3B, Up 38%; GAAP EPS $0.84, Up 91%
AI Summary
Advanced Micro Devices (AMD) announced strong financial results for the first quarter of 2026. The company reported GAAP revenue of $10.3 billion, a 38% increase year-over-year, and GAAP diluted earnings per share of $0.84, up 91% year-over-year. Non-GAAP diluted EPS was $1.37, a 43% increase. Growth was primarily driven by accelerating demand for AI infrastructure, with the Data Center segment leading revenue and earnings growth. For the second quarter of 2026, AMD expects revenue to be approximately $11.2 billion, representing a 46% year-over-year increase, with a non-GAAP gross margin of approximately 56%.
Key Highlights
- Q1 2026 GAAP Revenue: $10.3 billion, up 38% year-over-year.
- Q1 2026 GAAP Diluted EPS: $0.84, up 91% year-over-year.
- Q1 2026 Non-GAAP Diluted EPS: $1.37, up 43% year-over-year.
- Data Center segment revenue: $5.8 billion, up 57% year-over-year.
- Client and Gaming segment revenue: $3.6 billion, up 23% year-over-year.
- Embedded segment revenue: $873 million, up 6% year-over-year.
- Q2 2026 Revenue Outlook: Approximately $11.2 billion (+/- $300 million).
- Q2 2026 Non-GAAP Gross Margin Outlook: Approximately 56%.
Price Impact
More from AMD