CLAIM #5586 · Advanced Micro Devices Inc (AMD) · 2026Q1 earnings call · May 5, 2026

“We expect revenue to be approximately $11.2 billion, plus or minus $300 million.”

Jean Hu · CFO

How to check this claim

Look at: Total company revenue, Q2 2026 (fiscal quarter)

It came true if: Revenue between $10.9 billion and $11.5 billion

Where: Quarterly income statement / earnings release (AMD Q2 2026 results)

Knowable after: 2026-07-31

In context

“. Sequentially, Embedded revenue was seasonally down 8%. Embedded segment operating income was $338 million or 39% of revenue compared to $328 million or 40% a year ago. Turning to the balance sheet and the cash flow. During the quarter, we generated $3 billion in cash from continuing operations and a record $2.6 billion in free cash flow or 25% of revenue, demonstrating the cash-generating power of our business model. Inventory was roughly flat at $8 billion. At the end of the quarter, cash, cash equivalents and short-term investment was $12.3 billion. In the quarter, we repurchased 1.1 million shares and returned $221 million to shareholders. We ended the quarter with $9.2 billion authorization remaining under our share repurchase program. Now turning to our second quarter 2026 outlook. We expect revenue to be approximately $11.2 billion, plus or minus $300 million. At the middle of our guidance, revenue is expected to be up 46% year-over-year driven by a very strong growth in our Data Center segment, growth in our Client and Gaming segment and a double-digit growth in our Embedded segment. Sequentially, we expect revenue to be up approximately 9% driven by double-digit growth in both our Data Center and the Embedded segments and modest growth in our Client and Gaming segment. In addition, we expect second quarter non-GAAP gross margin to be approximately 56%, non-GAAP operating expenses to be approximately $3.3 billion, non-GAAP other income and expense to be a gain of approximately $60 million. Non-GAAP effective tax rate to be 13%, and the diluted share count is expected to be approximately 1.66 billion shares. In closing, the first quarter of 202”

Verify independently

SEC filings for AMD ↗ · Quote is verbatim from the 2026Q1 earnings call.