AMD · NASDAQ-GS
Consensus is $1.62 EPS for Sep 2026 across 13 estimates, ranging $1.41 to $1.82.
With no consensus figures on file, the quarter cannot be judged against an external estimate, but reported results improved sharply year over year. Revenue rose to $11.536 billion from $7.685 billion, while net income increased to $2.297 billion from $872 million. Data Center was the clear growth and profit engine: revenue more than doubled to $6.718 billion and operating income reached $2.103 billion, reversing the prior-year loss. Embedded also contributed, with revenue of $977 million and operating income of $386 million. Client and Gaming revenue grew modestly to $3.841 billion, but its operating income fell to $582 million from $767 million, reflecting pressure within the combined segment. Gaming revenue fell to $779 million, partly offset by Client growth to $3.062 billion. Total operating income turned positive at $1.990 billion, despite $1.081 billion of All Other expenses, including $544 million of amortization and $503 million of stock compensation.
Management provided no formal outlook for the next quarter or fiscal year, and no prior guide is available for comparison. The filing therefore gives no revenue, operating margin, EPS, capex, subscriber or unit ranges. It does disclose forward commitments rather than operating guidance: unconditional commitments totaled $30.276 billion as of June 27, 2026; leases with aggregate future payments of $4.5 billion are expected to begin in the second half of fiscal 2026, while subsequent leases totaling $9.5 billion are expected to commence in 2027 and 2028. Investment commitments of up to $5.0 billion are subject to contingencies through fiscal 2028.
