Earnings Releases·Nov 3, 2026, 4:16 PM ET

AMD — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached a record $13.4 billion, up 45% year-over-year and 16% sequentially, driven by a 97% year-over-year surge in the Data Center segment to $8.5 billion; GAAP net income rose 95% to $2.4 billion and Non-GAAP net income increased 77% to $3.5 billion.
Q4 2026 revenue guidance is set at approximately $17 billion (±3%), implying 66% year-over-year growth and 27% sequential growth, with Non-GAAP gross margin expected at 55% as the company scales Helios and "Venice" production.
Strategic acquisitions include agreements to purchase World Labs for model research expertise and Taalas for specialized inference silicon technology.
Total debt increased to $7.1 billion from $3.2 billion in the prior period, while cash, equivalents, and short-term investments totaled $15.8 billion; capital expenditures for the quarter were $648 million.