AMD Reports Second Quarter 2026 Financial Results
AMD reported second quarter 2026 revenue of $11.5 billion, with data center sales more than doubling year-over-year, while projecting third quarter revenue of $13 billion.
AMD announced financial results for the second quarter of 2026, reporting revenue of $11.5 billion, a 50% increase year-over-year. Gross margin reached 54%, with operating income at $2.0 billion and net income at $2.3 billion. Non-GAAP figures showed gross margin of 56%, operating income of $3.1 billion, net income of $2.8 billion, and diluted earnings per share of $1.66. Data Center revenue accounted for 58% of total revenue, driven by strong demand for EPYC processors and Instinct accelerators.
AMD’s Data Center business more than doubled year-over-year, with CEO Dr. Lisa Su highlighting record revenue and profitability. The company noted accelerating demand for EPYC processors, scaling Instinct deployments, and the ramp-up of the Helios platform. Su emphasized that AI-driven compute demand is expanding across markets, positioning AMD to capture growth opportunities and deliver revenue and earnings increases in the coming years.
CFO Jean Hu attributed the revenue growth to continued strength in the Data Center segment, which now represents the majority of AMD’s business. Hu projected further acceleration in Data Center sales during the second half of 2026, expecting stronger overall revenue growth and continued earnings expansion. AMD’s outlook for the third quarter of 2026 includes revenue guidance of approximately $13 billion, with a non-GAAP gross margin of about 56%.
AMD will discuss its second quarter results in a conference call at 2:00 p.m. PT today, with a live audio broadcast available on its Investor Relations page. The company designs high-performance and AI computing solutions for cloud, embedded systems, AI PCs, and gaming, offering AI-optimized CPUs, GPUs, networking, and software for scalable intelligent computing.