Filing Flows › Advanced Micro Devices (AMD) › Q2 2026 › vs Q1 2026
Advanced Micro Devices (AMD) Q2 2026 vs Q1 2026 (quarter over quarter)
Advanced Micro Devices's revenue rose $1.3B (+13%) from $10.3B in Q1 2026 to $11.5B in Q2 2026. Gross margin 53.8% against 52.8% (+0.9 pts).
Advanced Micro Devices, Q2 2026: revenue $11.5B (+50% year over year), operating margin 17.3%, net earnings $2.3B, operating cash flow $2.4B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 53.8% | 52.8% | +0.9 pts |
| Operating margin | 17.3% | 14.4% | +2.9 pts |
| Net margin | 19.9% | 13.5% | +6.4 pts |
| Free cash flow margin | 13.5% | 25.0% | -11.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $11.5B | $10.3B | $1.3B | +13% |
| Gross profit | $6.2B | $5.4B | $787M | +15% |
| Cost of revenue | $5.3B | $4.8B | $496M | +10% |
| Other income, net | $561M | $145M | $416M | +287% |
| Operating profit | $2.0B | $1.5B | $514M | +35% |
| Operating expenses | $4.2B | $3.9B | $273M | +7% |
| Pre-tax earnings | $2.6B | $1.6B | $930M | +57% |
| Research & development | $2.5B | $2.4B | $131M | +5% |
| SG&A | $1.4B | $1.3B | $148M | +12% |
| Other operating costs | $284M | $290M | −$6.0M | -2% |
| Net earnings | $2.3B | $1.4B | $914M | +66% |
| Income tax | $252M | $238M | $14.0M | +6% |
| Share-based compensation | $503M | $487M | $16.0M | +3% |
| Working capital & other | $434M | −$1.1B | $1.5B | — |
| Operating cash flow | $2.4B | $3.0B | −$589M | -20% |
| Free cash flow (OCF − capex) | $1.6B | $2.6B | −$1.0B | -39% |
| Capital expenditures | $808M | $389M | $419M | +108% |
Questions
How much did Advanced Micro Devices's revenue grow quarter over quarter in Q2 2026?
Advanced Micro Devices's revenue rose $1.3B (+13%) from $10.3B in Q1 2026 to $11.5B in Q2 2026. Gross margin 53.8% against 52.8% (+0.9 pts).