AMD Q3 FY2026 earnings: EPS beat by 7.2%, revenue beat by 2.1%
Advanced Micro Devices reported Q3 FY2026. EPS came in at $2.09 against a $1.95 consensus, beat by 7.2%. Revenue was $13.4B versus $13.1B expected, beat by 2.1%. Gross margin was 53.9%, up 10 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.09 | $1.95 | beat by 7.2% |
| Revenue | $13.4B | $13.1B | beat by 2.1% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $13.4B | +16.0% | +44.7% |
| Gross profit | $7.2B | +16.2% | +50.8% |
| Operating income | $2.8B | +42.3% | +123.0% |
| Net income | $2.4B | +5.7% | +95.3% |
| Diluted EPS | $1.46 | +5.8% | +92.1% |
| Gross margin: 53.9%. |
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The trend
Revenue is up 44.7% from the same quarter last year. Gross margin sits at 53.9%, 40 bps off its 8-quarter high.
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How it stacks up
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