AMD reports record Q3 2026 revenue and earnings, data‑center sales nearly double

Advanced Micro Devices announced third‑quarter 2026 results on November 3, posting revenue of $13.4 billion, up 45% year‑over‑year, and GAAP earnings per share of $1.46. The Data Center segment generated a record $8.5 billion, rising 97% from the prior year, while non‑GAAP EPS reached $2.09. The company also raised its fourth‑quarter revenue outlook to $17 billion, a 66% increase versus the same quarter last year.

The earnings beat and higher guidance signal strong AI‑driven demand, which could sustain AMD’s revenue growth and support its valuation, according to the company’s own commentary. Investors will watch the elevated data‑center sales and raised outlook for further upside potential.

  • 1Third‑quarter 2026 revenue was $13.4 billion, up 45% YoY.
  • 2GAAP diluted earnings per share were $1.46.
  • 3Non‑GAAP diluted earnings per share were $2.09.
  • 4Data Center segment revenue was $8.5 billion, up 97% YoY.
  • 5Fourth‑quarter revenue guidance was raised to $17 billion, up 66% YoY.
  • 6Non‑GAAP gross margin was around 55%.

Sources