AMD Q2 2026 revenue rises 50% to $11.5B; Data Center more than doubles

AMD reported Q2 2026 revenue of $11.54 billion, up 50% year over year, with Data Center revenue of $6.72 billion, up 107%. Non-GAAP EPS was $1.66 and non-GAAP gross margin 56%. Q3 revenue guidance of about $13 billion (plus or minus $300 million) sits near the consensus used before the report, and management said Helios shipments begin in Q3 with volume in Q4, which the market had wanted to see in the guide.

• Revenue $11,536M (+50% y/y, +13% q/q); GAAP EPS $1.38; non-GAAP EPS $1.66
• Data Center $6,718M, +107% y/y, about 58% of revenue
• Client $3,062M (+23%); Gaming $779M (-31%); Embedded $977M (+19%)
• Gross margin 54% GAAP, 56% non-GAAP; free cash flow $1,558M
• Q3 2026 guide: revenue about $13B +/- $300M, non-GAAP gross margin about 56%

SEC filing 8-K · accession 0000002488-26-000121 · sec.gov ↗