Advanced Micro Devices (AMD) Earnings Analysis

Advanced Micro Devices (AMD) beat expectations in Q2 FY2026 on revenue of $11.5B versus the $11.3B estimate (+50.1% YoY) and EPS of $1.66. The next Advanced Micro Devices (AMD) earnings date is Nov 3, 2026. Below is the full Advanced Micro Devices earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Advanced Micro Devices (AMD) Earnings Analysis — key stats

Next earnings dateNov 3, 2026
Latest reported quarterQ2 FY2026
Earnings verdictBeat
EPS beat rate4 of last 8 (quarters above estimate)
Avg next-day move±7.6% (over the last 8 reports)
Post-earnings directionUp 1 / Down 7 (of the last 8 reports)
Implied move (next report)±41.1% (options-derived · into Nov 3, 2026)
Institutional ownership54.5% (13F as of 2026-06-30)
Top 10 holders36.6% (of shares outstanding)
Insider activity3 buys / 9 sells (recent Form 4 filings)
Revenue$11.5B (vs $11.3B est · +2.0% surprise · +50.1% YoY)
EPS$1.66 (vs $1.62 est · +2.5% surprise · +159.3% YoY)
Share price$514.39 (+6.5%)
Market cap$838.8B

Advanced Micro Devices (AMD) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$11.5B vs $11.3B est$1.66 vs $1.62 est+2.5%-0.5%Beat
Q2 FY2026$10.3B vs $9.9B est$1.37 vs $1.29 est+6.2%+23.4%Beat
Q1 FY2026$10.3B vs $9.7B est$1.53 vs $1.32 est+15.9%-18.7%Beat
Q4 FY2025$9.2B vs $8.8B est$1.20 vs $1.17 est+2.6%-1.3%Beat
Q3 FY2025$7.7B vs $7.4B est$0.48 vs $0.48 est+0.3%-7.7%Mixed
Q2 FY2025$7.4B vs $7.1B est$0.96 vs $0.94 est+1.7%-0.2%Mixed
Q1 FY2025$7.7B vs $7.5B est$1.09 vs $1.08 est+0.9%-2.0%In line
Q4 FY2024$6.8B vs $6.7B est$0.92 vs $0.92 est-0.2%-7.1%In line

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.9.2%150.3M$87.3B+3.2%
Vanguard Capital Management LLC6.5%106.5M$61.9B+0.5%
State Street Corp4.6%74.4M$43.2B-0.5%
Invesco Ltd.3.3%53.2M$30.9B+55.4%
Jpmorgan Chase & CO2.5%40.3M$21.7B+66.2%
Geode Capital Management, LLC2.4%39.6M$22.9B-0.6%
Undisclosed filer2.3%37.9M$22.0B+0.9%
Price T Rowe Associates INC /Md/2.2%35.9M$20.9B+24.6%
Jane Street Group, LLC2.1%34.2M$19.8B+2.4%
Fmr LLC1.6%25.6M$14.8B+67.2%

Recent insider transactions

InsiderRoleDateTypeSharesValue
Hahn Avaofficer: SVP, GC & Corporate Secretary2026-08-11Sell143$67889
Hahn Avaofficer: SVP, GC & Corporate Secretary2026-08-09Buy1K
Hahn Avaofficer: SVP, GC & Corporate Secretary2026-08-09Sell562$271648
Hahn Avaofficer: SVP, GC & Corporate Secretary2026-08-09Sell1K
Hu Jean X.officer: EVP, CFO and Treasurer2026-08-09Buy6K
Hu Jean X.officer: EVP, CFO and Treasurer2026-08-09Sell2K$1.1M
Hu Jean X.officer: EVP, CFO and Treasurer2026-08-09Sell3K
Hu Jean X.officer: EVP, CFO and Treasurer2026-08-09Sell3K

What you'll find

Frequently asked questions

When is Advanced Micro Devices's next earnings date?
Advanced Micro Devices's (AMD) next scheduled earnings date is Nov 3, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Advanced Micro Devices (AMD) beat or miss earnings?
In Q2 FY2026, Advanced Micro Devices (AMD) posted beat results — revenue of $11.5B versus the $11.3B estimate (+2.0% surprise) and EPS of $1.66 versus $1.62 expected (+2.5% surprise). Magnisto decodes every Advanced Micro Devices (AMD) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Advanced Micro Devices beat earnings estimates?
Over its last 8 reported quarters, Advanced Micro Devices (AMD) beat Wall Street EPS estimates 4 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Advanced Micro Devices (AMD) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Advanced Micro Devices stock move after earnings?
Over its last 8 quarterly reports, Advanced Micro Devices (AMD) moved an average of ±7.6% the day after earnings — ranging from -18.7% (Q1 FY2026) to +23.4% (Q2 FY2026). The stock rose after 1 of those 8 reports and fell after 7. Heading into its next report on Nov 3, 2026, options-implied volatility is pricing in a move of roughly ±41.1% (derived). Magnisto tracks the realized post-earnings move for every Advanced Micro Devices (AMD) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Advanced Micro Devices?
Institutions hold about 54.5% of Advanced Micro Devices's (AMD) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (9.2%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.6%). Magnisto lists Advanced Micro Devices's (AMD) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Advanced Micro Devices (AMD)?
In the most recent Form 4 filings Magnisto tracks, Advanced Micro Devices (AMD) insiders recorded 3 purchases and 9 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Advanced Micro Devices (AMD) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Advanced Micro Devices (AMD), anchored to the current $514.39 share price, so you can weigh the bull, base and bear cases for Advanced Micro Devices side by side.
Is Advanced Micro Devices (AMD) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Advanced Micro Devices fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.