AMD’s Record $13.4 Billion Quarter Lifts Operating Profit 123%
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Summary
AMD reported its third-quarter results on November 3, 2026, posting record revenue of $13.4 billion as Data Center sales rose 97%. The results for the quarter ended September 26, 2026, showed revenue growth of 45% from $9.2 billion a year earlier. GAAP gross margin widened to 54% from 52%, while operating income rose 123% to $2.8 billion and operating margin reached 21%, up from 14%. Operating expenses increased 25% to $4.4 billion, considerably slower than revenue, allowing more of the…
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