AMD posts Q2 EPS of $1.66 on $11.54 billion revenue, guides Q3 2026 above estimates

AMD posts Q2 EPS of $1.66 on $11.54 billion revenue, guides Q3 2026 above estimates

The chipmaker beat Wall Street consensus on quarterly earnings and revenue, then forecast Q3 2026 sales of $12.7 billion to $13.3 billion, above a $12.51 billion estimate.

Fact Check
AMD's official investor relations press release confirms Q2 2026 revenue of $11.5B (rounded; $11.54B per news sources), non-GAAP diluted EPS of $1.66, and Q3 2026 revenue guidance of ~$13B ± $300M ($12.7B-$13.3B). Multiple financial news outlets (FinancialJuice, Investing.com, Yahoo Finance) independently corroborate the exact $11.54B revenue, $1.66 EPS, and Q3 guidance range above the $12.51B consensus estimate. All key figures in the claim match the primary official source.
Summary

AMD reported second-quarter earnings per share of $1.66 on $11.54 billion in revenue, beating Wall Street consensus on both measures. The newer record cites estimates of $1.60 EPS and $11.25 billion in revenue, while the earlier record cited $1.61 and $11.3 billion. AMD also projected third-quarter 2026 revenue of $12.7 billion to $13.3 billion, above a $12.51 billion estimate, indicating stronger near-term performance than analysts had expected.

Terms & Concepts
  • EPS: Earnings per share, a measure of profit allocated to each outstanding share of stock.
  • Consensus estimate: The average forecast from analysts covering a company, used as a benchmark for earnings and revenue results.
  • Revenue guidance: A company's forecast for future sales, which investors compare with market expectations to assess momentum.