Advanced Micro Devices, Inc. (AMD) Tops Q1 EPS by 10c, Beats on Revenue; Offers Q2 Revenue Guidance

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AMD Reports First Quarter 2026 Financial Results

May 5, 2026 4:15 PM EDT

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(*) 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.

We 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, said Dr.... More