AMD Q3 2026 Revenue $13.4 billion, Beat Guidance by +$377 million
AMD beat prior Q3 2026 Revenue guidance by +$377 million. Non-GAAP EPS of $2.09 beat expectations as Data Center segment revenue nearly doubled year-over-year to a record $8.5 billion. For Q4 2026, AMD expects revenue of approximately $17 billion, plus or minus 3%, representing approximately 66% year-over-year growth.
Guidance comparison
Forward guidance
Key takeaways
Data Center segment revenue record of $8.5 billion, up 97% year-over-year, driven by AMD EPYC processors and AMD Instinct MI450 Series GPUs.
Non-GAAP gross margin of 56% in line with prior guidance of approximately 56%; Q4 2026 guidance calls for approximately 55%.
Client and Gaming segment revenue of $3.7 billion down 8% year-over-year due to lower semi-custom and graphics sales, partially offset by 7% growth in client business to $2.9 billion.
Embedded segment revenue of $1.1 billion up 29% year-over-year, driven by aerospace and defense, automotive, communications and industrial end markets.
AMD announced agreements to acquire World Labs and Taalas to expand AI capabilities across the full superintelligence stack.
Q4 2026 guidance: revenue approximately $17 billion (+/- 3%), non-GAAP gross margin approximately 55%, non-GAAP operating expenses approximately $3.75 billion.
Key metrics
Primary source
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