Advanced Micro Devices, Inc. filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the fiscal quarter ended September 26, 2026, and reporting net revenue of $13,377 million for the three-month period.

Key Highlights

  • Quarterly net revenue: $13,377 million for the three months ended September 26, 2026, compared to $9,246 million for the three months ended September 27, 2025.
  • Quarterly net income: $2,428 million for Q3 2026, compared to $1,243 million in the prior-year quarter.
  • Diluted earnings per share from continuing operations: $1.46 for the three months ended September 26, 2026, versus $0.71 in the same period of 2025.
  • Nine-month net revenue: $35,166 million for the nine months ended September 26, 2026, compared to $24,369 million for the nine months ended September 27, 2025.
  • Total assets: $94,812 million as of September 26, 2026, up from $76,926 million as of December 27, 2025.
  • Shares outstanding: 1,640,087,251 shares of common stock as of October 28, 2026.
  • Operating cash flow: Net cash provided by operating activities was $6,523 million for the nine months ended September 26, 2026.

Advanced Micro Devices Reports Q3 2026 Financial Results

According to the filing, Advanced Micro Devices (NASDAQ:AMD) reported net revenue of $13,377 million for the three months ended September 26, 2026, up from $9,246 million in the comparable prior-year period. Total cost of sales for the quarter was $6,167 million, yielding gross profit of $7,210 million. Operating income for the quarter was $2,832 million, compared to $1,270 million in the three months ended September 27, 2025. The company reported an income tax benefit of $555 million for the third quarter of 2026, compared to a provision of $153 million in the same quarter of 2025.

For the nine months ended September 26, 2026, the filing disclosed net revenue of $35,166 million and net income of $6,108 million, compared to net revenue of $24,369 million and net income of $2,824 million in the nine months ended September 27, 2025. Research and development expenses totaled $7,728 million for the nine-month period, while marketing, general and administrative expenses were $3,952 million. The filing also noted a non-cash impact of warrants issued to customers, net, of $1,179 million included in cash flow reconciliation for the nine months ended September 26, 2026, with no comparable figure in the prior-year period.

On the balance sheet as of September 26, 2026, the company reported cash and cash equivalents of $7,404 million and short-term investments of $8,372 million. Inventories stood at $11,463 million, up from $7,920 million at December 27, 2025. Long-term debt, net, was $7,079 million, compared to $2,348 million at the prior fiscal year-end. The company disclosed proceeds from debt and commercial paper issuance, net of issuance costs, of $4,726 million for the nine-month period. Repurchases of common stock totaled $221 million, and stock repurchases for tax withholding on employee equity plans totaled $1,836 million for the nine months ended September 26, 2026.

What Was Disclosed

Advanced Micro Devices filed a Form 10-Q for the quarter ended September 26, 2026, disclosing revenue, earnings, balance sheet, and cash flow data for both the three- and nine-month periods, along with share count and capital structure details as of the filing date.