Revenue growth
+44.7%
Year over year
AMD · Q3 FY2026 · SEC Form 10-Q
Advanced Micro Devices
Quarter ended Sep 26, 2026· Filed Nov 4, 2026 Filing & calculations Explore advanced research tools · fictional case
Operating margin
21.2%
+7.4 pp year over year
Data Center growth
+96.9%
Revenue year over year
Peer valuation
Peer comparison withheld
Same-day closes needed
View why
The project uses its price feed for personal research only. A public annual diluted P/E comparison requires approved same-day closes for AMD and at least three eligible peers.
What drove the quarter
Data Center drove the revenue increase. Its share rose to 63.9% from 47.0% a year earlier, while Client and Gaming revenue fell 8.1%.
Quarterly operating margin
Segment revenue growth
| Segment | YoY change | Revenue share |
|---|---|---|
| Data Center | +96.9% | 63.9% |
| Client and Gaming | -8.1% | 27.8% |
| Embedded | +29.4% | 8.3% |
Quarterly trends
| Quarter | Period end | Revenue index | GAAP margin | SEC source |
|---|---|---|---|---|
| Q4 FY2025 | Dec 27, 2025 | 100.0 | 17.1% | 8-K exhibit |
| Q1 FY2026 | Mar 28, 2026 | 99.8 | 14.4% | 10-Q |
| Q2 FY2026 | Jun 27, 2026 | 112.3 | 17.3% | 10-Q |
| Q3 FY2026 | Sep 26, 2026 | 130.3 | 21.2% | 10-Q |
Cash generation
Continuing operations · Nine months ended Sep 26, 2026 vs. Sep 27, 2025
Operating cash after PP&E
USD 4.678B
Prior nine months
USD 3.437B
Year over year
+36.1%
Cash purchases of property and equipment used 28.3% of operating cash flow, up from 18.0% a year earlier.
View cash flow calculation
Subtract cash purchases of property and equipment from operating cash flow. Both inputs come from continuing operations in the nine-month columns of the Q3 Form 10-Q.
Example · Open question
Sample Monitor follow-up
Does Data Center growth keep translating into stronger cash generation?
At the next AMD filing, compare Data Center’s revenue share and cash after PP&E using matching periods. Review working capital and cash spending if the two trends diverge.
Filing & calculations
Read AMD’s Form 10-Q on SEC EDGAR · Accession 0000002488-26-000191
- The consolidated statements and Note 4 compare the three months ended Sep 26, 2026 with the three months ended Sep 27, 2025.
- Revenue growth is current divided by prior revenue minus one. Segment share is segment revenue divided by total net revenue.
- GAAP operating margin is operating income divided by net revenue. The Q3 FY2025 margin was 13.7%. The year-over-year margin change uses the unrounded ratios.
- The revenue index divides each quarter's net revenue by directly reported Q4 FY2025 net revenue, then multiplies by 100. The Q4 figures come from the earnings release AMD furnished as Exhibit 99.1 to Form 8-K. The quarterly table links to each source.