AMD Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-27), AMD reported revenue of $11.5B, gross profit of $6.2B (53.8% gross margin), operating income of $2.0B, and net income of $2.3B (19.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMD was profitable; revenue grew 12.5% quarter over quarter, and revenue beat consensus by 2.0%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +12.5% | +66.1% | +6.4 pp |
Consensus revenue estimate was $11.3B; reported revenue was +2.0% versus consensus. EPS was $1.66 versus $1.61 expected.
AMD Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $11.5B | 100% |
| Cost of Revenue | −$5.3B | 46.2% |
| Gross Profit | $6.2B | 53.8% |
| Research & Development | −$2.5B | 21.9% |
| Selling, General & Administrative | −$1.4B | 12.1% |
| Other Operating Expenses | −$284M | 2.5% |
| Operating Income | $2.0B | 17.3% |
| Interest Expense | −$37M | 0.3% |
| Other Income, net | $598M | 5.2% |
| Income Tax Expense | −$252M | 2.2% |
| Net Income | $2.3B | 19.9% |
Source: original SEC filing (filed 2026-08-04). Accession 0000002488-26-000121. Data normalized by EarningsFyi.