Form 10-Q · Quarterly report
Advanced Micro Devices 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0000002488
- Accession no.
- 0000002488-26-000191
Summary
Advanced Micro Devices reported net revenue of $13.4 billion for the quarter ended September 26, 2026, up 45% from a year earlier, with net income of $2.4 billion, driven by data-center demand for EPYC processors and the launch of Instinct MI450 Series GPUs. AMD also agreed to acquire Taalas Inc. and World Labs Technologies, Inc., expected to close in the fourth quarter of fiscal 2026 subject to regulatory approvals, and issued $4.75 billion in senior notes.
Key points
- Gross margin was 54% for the quarter ended September 26, 2026, compared with 52% a year earlier.
- Operating income rose to $2.8 billion from $1.3 billion in the prior-year period.
- Cash, cash equivalents and short-term investments totaled $15.8 billion as of September 26, 2026, up from $10.6 billion as of December 27, 2025.
- AMD agreed to acquire Taalas Inc. and World Labs Technologies, Inc. and issued $4.75 billion in senior notes in August 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The statements in this report include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. …
An excerpt of the text as filed with the SEC, cut for length.
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