AMD announced Q2 2026 revenue of $11.5 billion, a 50% year-over-year increase. Net income reached $2.3 billion with diluted earnings per share at $1.38. On a non-GAAP basis, net income was $2.8 billion, and gross margin reached 56% for the quarter.
The Data Center segment led growth with $6.7 billion in revenue, up 107% year-over-year. AMD launched the Instinct MI400 Series GPUs, Helios rackscale solution, and 6th Gen EPYC CPUs. A partnership with Anthropic will deploy 2GW of MI450 Series GPUs.
Client and Gaming revenue totaled $3.8 billion, though Gaming fell 31%. AMD expanded Ryzen AI Halo and Ryzen PRO 9000 lines while acquiring MEXT. For Q3 2026, AMD expects revenue of $13 billion, plus or minus $300 million, with a 56% non-GAAP margin.