Advanced Micro Devices reports record third quarter 2026 financial results

Item 2.02 Results of Operations and Financial Condition.

On November 3, 2026, Advanced Micro Devices, Inc. ("AMD") announced its financial results for its third quarter of 2026 ended September 26, 2026 in a press release that is attached hereto as Exhibit 99.1.^{1 2}Attached hereto as Exhibit 99.2 is a presentation regarding AMD's third quarter of 2026.²

The attached Exhibits 99.1 and 99.2, in addition to financial results presented on a U.S. Generally Accepted Accounting Principles ("GAAP") basis, contains certain non-GAAP financial information and forward-looking financial guidance.³ Certain of these non-GAAP financial measures will be used in AMD's earnings conference call. A reconciliation of these non-GAAP financial measures to their nearest GAAP equivalents is provided in the data tables at the end of the attached Exhibits 99.1 and 99.2.³ These non-GAAP financial measures should be viewed in addition to and not as a substitute for or superior to AMD's reported results prepared in accordance with GAAP.

The information in this report furnished pursuant to Items 2.02 and 7.01, including Exhibits 99.1 and 99.2 attached hereto, shall not be deemed "filed" for the purposes of Section 18⁴ of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended, if such subsequent filing specifically references the information furnished pursuant to Items 2.02 and 7.01 of this report.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

EXHIBIT INDEX

Exhibit No.

Description

99.1 Press Release dated November 3 , 2026

99.2 Third Quarter 2026 Financial Results Presentation

104 Inline XBRL for the cover page of this Current Report on Form 8-K

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 3, 2026 ADVANCED MICRO DEVICES, INC.

By:

/s/ Jean Hu

Name:

Jean Hu

Title:

Executive Vice President, Chief Financial Officer & Treasurer

NEWS RELEASE

Contact

Carolyn Guss

AMD Communications

corporate.pressinquiry@amd.com

Liz Stine

AMD Investor Relations

investor.relations@amd.com

AMD Reports Third Quarter 2026 Financial Results

AMD delivers record quarter as Data Center segment revenue grows 97% year-over-year, driven by record sales of AMD Instinct GPUs and AMD EPYC CPUs

SANTA CLARA, Calif. ― November 3, 2026 ― AMD (NASDAQ:AMD) today announced financial results for the third quarter of 2026. Third quarter revenue was $13.4 billion, gross margin was 54%, operating income was $2.8 billion, net income was $2.4 billion and diluted earnings per share was $1.46.⁵ On a non-GAAP(*) basis, gross margin was 56%, operating income was $3.9 billion, net income was $3.5 billion and diluted earnings per share was $2.09.⁶

"We delivered a record quarter with revenue exceeding the high end of our guidance as Data Center segment sales nearly doubled year-over-year," said Dr. Lisa Su, AMD chair and CEO. "Demand for our Instinct and EPYC products continued to strengthen, and we expect growth to accelerate further in the fourth quarter as we scale Helios and 'Venice' production. With our leadership product portfolio and deep customer and supply chain relationships, we are confident in our ability to sustain very strong revenue growth and expanding profitability over the coming years."

"Third quarter revenue grew 45% year-over-year to a record $13.4 billion, while non-GAAP earnings per share grew 74%, demonstrating the significant operating leverage in our business model as our Data Center business drives scale," said Jean Hu, AMD executive vice president, chief financial officer and treasurer. "Our fourth-quarter outlook reflects accelerating revenue and earnings growth, driven by strong demand across our Data Center portfolio."

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GAAP Quarterly Financial Results

Non-GAAP(*) Quarterly Financial Results

Segment Summary

• Data Center segment revenue was a record $8.5 billion, up 97% year-over-year⁷, driven by strong demand for AMD EPYC™ processors and the launch of AMD Instinct™ MI450 Series GPUs.

• Client and Gaming segment revenue was $3.7 billion, down 8% year-over-year.⁸ Client business revenue was $2.9 billion, up 7% year-over-year, driven by sales of AMD Ryzen™ mobile processors. Gaming business revenue was $773 million, down 40% year-over-year, due to lower semi-custom and graphics revenue.

• Embedded segment revenue was $1.1 billion, up 29% year-over-year⁸, led by growth in aerospace and defense, automotive, communications and industrial end markets.

Recent Highlights

• AMD solutions and software are powering superintelligence infrastructure at scale:

◦ Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud Infrastructure are running models and workloads on the first AMD Helios ™ rackscale solutions, powered by AMD Instinct MI450 Series GPUs and 6 th Gen AMD EPYC CPUs.

◦ HPE announced that Vultr will deploy the first AMD Helios by HPE systems.

◦ Oracle Cloud Infrastructure announced its OCI Compute E7 cloud compute instances will be powered by 6 th Gen AMD EPYC CPUs, supporting enterprise applications and the CPU services surrounding models.

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◦ AMD introduced the AMD Helion reference architecture, an open, flexible blueprint for building rack-scale agentic systems that lets customers configure the mix of CPUs and GPUs based on their workloads.

◦ AMD ROCm™ 10 was released , bringing AI-native developer experiences to AMD platforms with ROCm.AI, along with performance improvements and updated libraries, compilers, frameworks, tools and model support.

◦ The EuroHPC JU selected AMD Instinct MI430X GPUs and 6 th Gen AMD EPYC processors to power the LUMI-AI supercomputer.

◦ Google Cloud and Microsoft announced general availability of storage-optimized cloud instances powered by 5 th Gen AMD EPYC CPUs.

• AMD is expanding its capabilities across the full superintelligence stack through strategic acquisitions:

◦ AMD announced an agreement to acquire World Labs , bringing leading model research expertise to AMD to help shape superintelligence infrastructure and strengthen the open ecosystem.

◦ AMD announced an agreement to acquire Taalas , adding specialized inference silicon technology to further differentiate AMD system-level solutions and deliver breakthrough inference performance and efficiency.

• AMD advanced its adaptive and embedded portfolio and expanded its role in physical AI systems:

◦ AMD began sampling the AMD Versal™ AI Core XQRVC1902 space-grade adap