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Advanced Micro Devices (AMD) operating margin by quarter

Advanced Micro Devices' operating margin was 21.2% in Q3 2026 (third quarter 2026), +3.9 pts from Q2 2026. Over the last 6 quarters it ranged from 10.8% (Q1 2025) to 21.2% (Q3 2026).

Advanced Micro Devices operating margin by quarterAdvanced Micro Devices operating margin by quarter10.8%Q1 202513.7%Q3 202517.1%Q4 202514.4%Q1 202617.3%Q2 202621.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202621.2%+3.9 pts+7.4 pts
Q2 202617.3%+2.9 pts—
Q1 202614.4%-2.7 pts+3.6 pts
Q4 202517.1%+3.3 pts—
Q3 202513.7%+2.9 pts—
Q1 202510.8%——

Q3 2026 at a glance

Advanced Micro Devices, Q3 2026: revenue $13.4B (+45% year over year), operating margin 21.2%, net earnings $2.4B, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Advanced Micro Devices' operating margin?

Advanced Micro Devices' operating margin was 21.2% in Q3 2026 (third quarter 2026), +3.9 pts from Q2 2026.

How has Advanced Micro Devices' operating margin changed?

Over the last 6 quarters it ranged from 10.8% (Q1 2025) to 21.2% (Q3 2026).

Q3 2026 results → · How Advanced Micro Devices makes money →