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AMD — May 5, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000002488-26-000072
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Operating Expenses
“~$3.3 Billion”
Period
Q2 FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 7
Non-GAAP tax rate for FY2026
“13%”
Revenue for Q2 FY2026
“~$11.2 Billion +/- $300 Million”
Gross Margin for Q2 FY2026
“~56%”
Operating Expenses for Q2 FY2026
“~$3.3 Billion”
Interest Expense/Other Income (Expense), net for Q2 FY2026
“$60 Million”
Effective Tax Rate for Q2 FY2026
“13% of pre-tax income”
Diluted Share Count for Q2 FY2026
“~1.66 Billion shares”
Exhibit 99.1 · the passage around this item
… earlier in the release
Such events may include unanticipated changes in AMD’s GAAP effective tax rate, unanticipated one-time charges related to asset impairments, unanticipated acquisition-related expenses, unanticipated gains, losses, and impairments, and other unanticipated non-recurring items not reflective of ongoing operations. 2. Refer to Diluted Share Count overview in the Appendices. Q2’26 ~$11.2 Billion +/- $300 Million Revenue ~56%Gross Margin ~$3.3 BillionOperating Expenses $60 MillionInterest Expense/Other Income (Expense), net 13% of pre-tax incomeEffective Tax Rate ~1.66 Billion sharesDiluted Share Count2   18 | | Q1 2026 FINANCIAL RESULTS – May 5, 2026 Q1 2026 Summary1 1. See Appendices for GAAP to Non-GAAP reconciliation Accelerating revenue growth, earnings expansion and record quarterly free cash flow Revenue $10.3B Up 38% Y/Y Gross Margin 53% Non-GAAP Gross Margin 55% Data Center Segment Revenue $5.8B Up 57% Y/Y Client and Gaming Segment Revenue $3.6B Up 23% Y/Y Diluted EPS $0.84 Non-GAAP Diluted EPS $1.37   19 | | Q1 2026 FINANCIAL RESULTS – May 5, 2026 Corporate Responsibility at AMD Environmental Advancing environmental solutions across our products, supply chain and operations while accelerating energy efficiency for IT users Social Fostering a workplace where all voices are welcome and valued, partnering with suppliers and positively impacting our communities Governance Integrating corporate responsibility and governance across product design, supply chain, operations and external engagement   20 | | Q1 2026 FINANCIAL RESULTS – May 5, 2026 Our Momentum Driving Long-term Sharehol
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.