AMD revenue jumps 45% to record $13.4B as AI data center sales nearly double
Data center revenue surged 97% to $8.5 billion as AMD forecast $17 billion in fourth quarter sales.
AMD reported record third quarter revenue of $13.4 billion on Tuesday, up 45% from $9.2 billion a year earlier, as demand for AI chips and data center processors accelerated.
AMD shares surged nearly 10% in after hours trading following the earnings release and were up approximately 8% at press time.
The company’s data center segment generated $8.5 billion in revenue, up 97% from $4.3 billion a year earlier, driven by strong demand for EPYC processors and the launch of its Instinct MI450 series GPUs. Operating income for the segment rose to $2.9 billion from $1.1 billion.
AMD said Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud Infrastructure are running models and workloads on its first Helios rackscale solutions. The company also announced agreements to acquire World Labs and Taalas to expand its AI capabilities.
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Net income rose 95% to $2.43 billion from $1.24 billion a year earlier, while diluted earnings per share increased to $1.46 from $0.75. Adjusted earnings reached $2.09 per share, up 74%, while gross margin expanded to 54% from 52%.
The company’s client and gaming segment reported revenue of $3.7 billion, down 8% from a year earlier, while its embedded business grew 29% to $1.1 billion.
Looking ahead, AMD forecast fourth quarter revenue of approximately $17 billion, plus or minus 3%, with an adjusted gross margin of about 55%.
Advanced Micro Devices Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$467 | $762.1B | 119.7 | Unavailable | $34.6BFY ended 2025-12-27 · 10-K | +34.3%FY ended 2025-12-27 vs 2024-12-28 · 10-K | 4,335,000,000FY ended 2025-12-27, attributable to the company · 10-K | 10.7%FY ended 2025-12-27 |
|
|
$833 | $942.4B | 11.2 | Unavailable | $133.2BFY ended 2026-09-03 · 10-K | +256.3%FY ended 2026-09-03 vs 2025-08-28 · 10-K | 84,969,000,000FY ended 2026-09-03, attributable to the company · 10-K | 74.6%FY ended 2026-09-03 |
|
|
$322 | $1.5T | 41.1 | Unavailable | $63.9BFY ended 2025-11-02 · 10-K | +23.9%FY ended 2025-11-02 vs 2024-11-03 · 10-K | 23,126,000,000FY ended 2025-11-02, consolidated · 10-K | 39.9%FY ended 2025-11-02 |
|
|
$60 | $318.7B | Not meaningfulLoss, diluted EPS −2.35 to 2026-09-26 · SEC filing | Unavailable | $52.9BFY ended 2025-12-27 · 10-K | −0.5%FY ended 2025-12-27 vs 2024-12-28 · 10-K | −267,000,000FY ended 2025-12-27, attributable to the company · 10-K | −4.2%FY ended 2025-12-27 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Nov 3, 2026, 12:26 PM EST. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.
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