{"id":958534,"date":"2026-05-05T17:59:32","date_gmt":"2026-05-05T21:59:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amd-reports-first-quarter-2026-financial-results\/"},"modified":"2026-05-05T17:59:32","modified_gmt":"2026-05-05T21:59:32","slug":"amd-reports-first-quarter-2026-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amd-reports-first-quarter-2026-financial-results\/","title":{"rendered":"AMD Reports First Quarter 2026 Financial Results"},"content":{"rendered":"
\n

SANTA CLARA, Calif., May 05, 2026 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced financial results for the first quarter of 2026. First quarter revenue was $10.3 billion, gross margin was 53%, operating income was $1.5 billion, net income was $1.4 billion and diluted earnings per share was $0.84. On a non-GAAP(*)<\/sup> basis, gross margin was 55%, operating income was $2.5 billion, net income was $2.3 billion and diluted earnings per share was $1.37.<\/p>\n

\u201cWe delivered an outstanding first quarter, driven by accelerating demand for AI infrastructure, with Data Center now the primary driver of our revenue and earnings growth,\u201d said Dr. Lisa Su, AMD chair and CEO. \u201cWe are seeing strong momentum as inferencing and agentic AI drive increasing demand for high-performance CPUs and accelerators. Looking ahead, we expect server growth to accelerate meaningfully as we scale supply to meet demand. Customer engagement around MI450 Series and Helios is strengthening, with leading customer forecasts exceeding our initial expectations and a growing pipeline of large-scale deployments providing us with increasing visibility into our growth trajectory.”<\/p>\n

\u201cFirst quarter results reflect strong performance across all key financial metrics, with accelerating revenue growth, earnings expansion and record quarterly free cash flow,\u201d said Jean Hu, AMD executive vice president, CFO and treasurer. \u201cThese results highlight continued momentum and execution across the business, demonstrating the leverage in our operating model as we invest for accelerated growth while expanding profitability.\u201d<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n GAAP Quarterly Financial Results
<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q1’26<\/strong>\n <\/td>\n\n Q1’25<\/strong>\n <\/td>\n\n Y\/Y<\/strong>\n <\/td>\n\n Q4’25<\/strong>\n <\/td>\n\n Q\/Q<\/strong>\n <\/td>\n<\/tr>\n
Revenue ($M)<\/td>\n$10,253<\/td>\n$7,438<\/td>\n\u00a0Up 38%<\/td>\n$10,270<\/td>\n\u00a0Flat<\/td>\n<\/tr>\n
Gross profit ($M)<\/td>\n$5,416<\/td>\n$3,736<\/td>\n\u00a0Up 45%<\/td>\n$5,577<\/td>\n\u00a0Down 3%<\/td>\n<\/tr>\n
Gross margin<\/td>\n53%<\/td>\n50%<\/td>\n\u00a0Up 3 ppts<\/td>\n54%<\/td>\n\u00a0Down 1 ppt<\/td>\n<\/tr>\n
Operating expenses ($M)<\/td>\n$3,940<\/td>\n$2,930<\/td>\n\u00a0Up 34%<\/td>\n$3,825<\/td>\n\u00a0Up 3%<\/td>\n<\/tr>\n
Operating income ($M)<\/td>\n$1,476<\/td>\n$806<\/td>\n\u00a0Up 83%<\/td>\n$1,752<\/td>\n\u00a0Down 16%<\/td>\n<\/tr>\n
Operating margin<\/td>\n14%<\/td>\n11%<\/td>\n\u00a0Up 3 ppts<\/td>\n17%<\/td>\n\u00a0Down 3 ppts<\/td>\n<\/tr>\n
Net income ($M)<\/td>\n$1,383<\/td>\n$709<\/td>\n\u00a0Up 95%<\/td>\n$1,511<\/td>\n\u00a0Down 8%<\/td>\n<\/tr>\n
Diluted earnings per share<\/td>\n$0.84<\/td>\n$0.44<\/td>\n\u00a0Up 91%<\/td>\n$0.92<\/td>\n\u00a0Down 9%<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Non-GAAP(*) Quarterly Financial Results<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q1’26<\/strong>\n <\/td>\n\n Q1’25<\/strong>\n <\/td>\n\n Y\/Y<\/strong>\n <\/td>\n\n Q4’25<\/strong>\n <\/td>\n\n Q\/Q<\/strong>\n <\/td>\n<\/tr>\n
Revenue ($M)<\/td>\n$10,253<\/td>\n$7,438<\/td>\n\u00a0Up 38%<\/td>\n$10,270<\/td>\n\u00a0Flat<\/td>\n<\/tr>\n
Gross profit ($M)<\/td>\n$5,685<\/td>\n$3,992<\/td>\n\u00a0Up 42%<\/td>\n$5,855<\/td>\n\u00a0Down 3%<\/td>\n<\/tr>\n
Gross margin<\/td>\n55%<\/td>\n54%<\/td>\n\u00a0Up 1 ppt<\/td>\n57%<\/td>\n\u00a0Down 2 ppts<\/td>\n<\/tr>\n
Operating expenses ($M)<\/td>\n$3,145<\/td>\n$2,213<\/td>\n\u00a0Up 42%<\/td>\n$3,001<\/td>\n\u00a0Up 5%<\/td>\n<\/tr>\n
Operating income ($M)<\/td>\n$2,540<\/td>\n$1,779<\/td>\n\u00a0Up 43%<\/td>\n$2,854<\/td>\n\u00a0Down 11%<\/td>\n<\/tr>\n
Operating margin<\/td>\n25%<\/td>\n24%<\/td>\n\u00a0Up 1 ppt<\/td>\n28%<\/td>\n\u00a0Down 3 ppts<\/td>\n<\/tr>\n
Net income ($M)<\/td>\n$2,265<\/td>\n$1,566<\/td>\n\u00a0Up 45%<\/td>\n$2,519<\/td>\n\u00a0Down 10%<\/td>\n<\/tr>\n
Diluted earnings per share<\/td>\n$1.37<\/td>\n$0.96<\/td>\n\u00a0Up 43%<\/td>\n$1.53<\/td>\n\u00a0Down 10%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n Segment Summary<\/strong>\n <\/p>\n