Advanced Micro Devices, Inc.: EPS $2.09 vs $1.95 expected; revenue $13.4B vs $13.1B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 2.09 | 1.95 | +7.2% | 1.20 |
| Revenue (USD bn) | 13.38 | 13.10 | +2.1% | 9.25 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 3, 2026 | Q3 FY2026 | 2.09 | 1.9500 | +7.2% | 13.38 | 13.10 | +2.1% |
| Aug 4, 2026 | Q2 FY2026 | 1.66 | 1.6200 | +2.5% | 11.54 | 11.31 | +2.0% |
| May 5, 2026 | Q1 FY2026 | 1.37 | 1.2900 | +6.2% | 10.25 | 9.90 | +3.6% |
| Feb 3, 2026 | Q4 FY2025 | 1.53 | 1.3200 | +15.9% | 10.27 | 9.67 | +6.2% |
| Nov 4, 2025 | Q3 FY2025 | 1.20 | 1.1700 | +2.6% | 9.25 | 8.76 | +5.6% |
| Aug 5, 2025 | Q2 FY2025 | 0.48 | 0.4787 | +0.3% | 7.69 | 7.41 | +3.7% |
| May 6, 2025 | Q1 FY2025 | 0.96 | 0.9440 | +1.7% | 7.44 | 7.12 | +4.4% |
| Feb 4, 2025 | Q4 FY2024 | 1.09 | 1.0800 | +0.9% | 7.66 | 7.53 | +1.7% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Advanced Micro Devices, Inc. results: EPS $2.09 vs $1.95 expected; revenue $13.4B vs $13.1B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 7.2%; revenue above the estimate by 2.1%.
Revenue was up 44.7% from $9.2 billion a year earlier (Q3 FY2025). EPS was up 74.2% from $1.20 a year earlier. On its record, EPS topped analysts' estimates in 7 of 7 earlier comparable reports.
What the results mean
The results place data centers at the heart of Advanced Micro Devices, Inc.'s growth, supported by demand for EPYC processors and the launch of Instinct accelerators. Management highlighted how the expansion of this business strengthened operating profitability, illustrating the importance of sales scale in spreading costs and supporting earnings.
Performance diverged within the client and gaming businesses. Ryzen mobile processors supported client growth, while declining semi-custom and graphics sales weighed on gaming. Embedded operations benefited from growth across aerospace and defense, automotive, communications and industrial markets, adding growth sources outside data centers.
The release highlighted the company's expansion from processors and accelerators into integrated systems and software for artificial intelligence workloads. Customers running workloads on Helios systems and updated developer tools put the product ecosystem at the center of this effort, alongside acquisition agreements targeting model research and inference chip technologies.
What to watch on the earnings call: The durability of demand for EPYC processors and Instinct accelerators, supply chain capacity to support Helios deployments, and the effects of product mix and operating spending on margins. Also relevant are the drivers of gaming weakness, the breadth of embedded demand, and the role of software and acquisition agreements in helping customers adopt the company's solutions.
For the full analysis of Advanced Micro Devices, Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.