AMD Q2 FY2026 earnings: EPS beat by 3.1%, revenue beat by 2.0%
Advanced Micro Devices reported Q2 FY2026. EPS came in at $1.66 against a $1.61 consensus, beat by 3.1%. Revenue was $11.5B versus $11.3B expected, beat by 2.0%. Gross margin was 53.8%, up 100 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $1.66 | $1.61 | beat by 3.1% |
| Revenue | $11.5B | $11.3B | beat by 2.0% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $11.5B | +12.5% | +50.1% |
| Gross profit | $6.2B | +14.5% | +102.8% |
| Operating income | $2.0B | +34.8% | +1585.1% |
| Net income | $2.3B | +66.1% | +163.4% |
| Diluted EPS | $1.38 | +64.3% | +155.6% |
| Gross margin: 53.8%. |
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The trend
Revenue is up 50.1% from the same quarter last year. Gross margin sits at 53.8%, 50 bps off its 8-quarter high.
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How it stacks up
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