AMD reports Q2 2026 revenue of $11.5 billion, with data center sales more than doubling

AMD/Instinct MI450 / Helios

AMD reported second-quarter 2026 revenue of $11.5 billion, up 50% year on year, with data center revenue up 107% to $6.7 billion. The company says its Helios rack-scale AI system is beginning to ramp, and it guided third-quarter revenue to about $13 billion.

• Data center made up 58% of quarterly revenue, driven by EPYC processors and Instinct GPUs.
• Non-GAAP operating income was $3.1 billion.
• Third-quarter guidance is about $13 billion, plus or minus $300 million, with non-GAAP gross margin around 56%.
• Helios customers named include Anthropic, Microsoft, OpenAI, Meta and Oracle; AMD also announced a deal with Anthropic for up to 2 gigawatts of MI450 GPUs in Helios racks.
• Client revenue rose 23% to $3.1 billion, while gaming fell 31% to $779 million on lower semi-custom sales.