Filing Flows › Advanced Micro Devices (AMD) › Q3 2026 › vs Q2 2026
Advanced Micro Devices (AMD) Q3 2026 vs Q2 2026 (quarter over quarter)
Advanced Micro Devices's revenue rose $1.8B (+16%) from $11.5B in Q2 2026 to $13.4B in Q3 2026. Gross margin 53.9% against 53.8% (+0.1 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 53.9% | 53.8% | +0.1 pts |
| Operating margin | 21.2% | 17.3% | +3.9 pts |
| Net margin | 18.2% | 19.9% | -1.8 pts |
| Free cash flow margin | 4.1% | 13.5% | -9.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $13.4B | $11.5B | $1.8B | +16% |
| Gross profit | $7.2B | $6.2B | $1.0B | +16% |
| Cost of revenue | $6.2B | $5.3B | $834M | +16% |
| Operating profit | $2.8B | $2.0B | $842M | +42% |
| Operating expenses | $4.4B | $4.2B | $165M | +4% |
| Pre-tax earnings | $1.9B | $2.6B | −$683M | -27% |
| Other expense, net | $964M | −$561M | $1.5B | — |
| Research & development | $2.8B | $2.5B | $275M | +11% |
| SG&A | $1.3B | $1.4B | −$103M | -7% |
| Other operating costs | $277M | $284M | −$7.0M | -2% |
| Income tax benefit | $555M | −$252M | $807M | — |
| Net earnings | $2.4B | $2.3B | $131M | +6% |
| Share-based compensation | $523M | $503M | $20.0M | +4% |
| Working capital & other | $1.7B | $434M | $1.3B | +303% |
| Operating cash flow | $1.2B | $2.4B | −$1.2B | -49% |
| Free cash flow (OCF − capex) | $554M | $1.6B | −$1.0B | -64% |
| Capital expenditures | $648M | $808M | −$160M | -20% |
Questions
How much did Advanced Micro Devices's revenue grow quarter over quarter in Q3 2026?
Advanced Micro Devices's revenue rose $1.8B (+16%) from $11.5B in Q2 2026 to $13.4B in Q3 2026. Gross margin 53.9% against 53.8% (+0.1 pts).