2026 Reports — Advanced Micro Devices

AMD grew Q1 FY2026 revenue 38% to $10.25bn on a 57% Data Center surge, but revenue was flat sequentially, spending outgrew sales, and a 160-million-share warrant issued to Meta sits outside reported EPS.

AMD grew revenue 50% to a record $11.5 billion as Data Center more than doubled to 58% of the company, but most of the 14-point gross-margin jump is the absence of last year's $800 million China export-control write-off, and Client and Gaming operating profit fell 24%.