ADVANCED MICRO DEVICES INC(AMD)Stock Analysis
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Rank #64 of 2,879 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
AMD Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ADVANCED MICRO DEVICES INC (AMD), a Technology sector company. 13F Pro's AI-powered ranking engine scores AMD at 78.8/100 on a 32-signal composite quality model, placing it at rank #64 of 2,879 stocks — the top 5% of the AI-ranked universe. AMD scores in the top quartile across earnings quality (97.2), revenue scale (96.0), revenue growth (85.1). Shareholder dilution risk is elevated at 26.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), ADVANCED MICRO DEVICES INC reports quarterly revenue of $10.3B, net income of $1.4B, an operating margin of 14.4%. Top institutional holders of AMD by reported 13-F value include Assenagon Asset Management S.A., Swedbank AB, OFI INVEST ASSET MANAGEMENT, based on the most recent SEC filings. AMD trades on the Nasdaq exchange and files with the SEC under CIK 2488. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AMD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ADVANCED MICRO DEVICES INC directly from SEC EDGAR. ADVANCED MICRO DEVICES INC's 13F Pro composite quality score has ranged between 49 and 84 since 2021, currently 78.8 — a stable long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving AMD's Business? Latest 10-Q Breakdown
✓ 30/30 datapoints verifiedAI-extracted from ADVANCED MICRO DEVICES INC's 10-Q filed 2026-05-06 — Q1 FY2026 (quarter ended March 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
AMD revenue surged 38% YoY to $10.3B, driven by 57% growth in Data Center from strong EPYC and MI350 GPU demand, with gross margin expanding 300bps to 53%.
Biggest Revenue Drivers
Total revenue: $10.3B+38% YoY
Strong demand for 5th generation AMD EPYC processors and AMD Instinct MI350 Series GPUs.
Higher demand for AMD Ryzen processors and Radeon GPUs.
Within Client and Gaming
25% increase in unit shipments and 1% increase in average selling price of Ryzen mobile processors.
Higher demand of Radeon GPUs partially offset by lower semi-custom revenue.
Demand strengthened across several end markets.
Largest Expense Items
Higher employee-related costs from increased headcount supporting AI strategy and long-term growth.
Increase in go-to-market activities to support revenue growth.
Certain acquisition-related intangibles were fully amortized in prior fiscal year.
Higher volume driven by Data Center segment growth.
Margins: Gross margin expanded 300bps to 53%, primarily due to favorable product mix including higher Data Center segment revenue. Operating income increased to $1.5B from $806M, though higher R&D and MG&A expenses partially offset gross profit gains.
Watch Items from the Filing
- Export controls: MI308 product sales to China face licensing restrictions; $440M in inventory charges incurred in 2025. MI325 licenses granted February 2026 subject to 25% US tariff for inspection; unclear if China will allow imports.
- Customer concentration: Small number of customers represent substantial portion of revenue and receivables; loss of significant customer could materially adversely affect business.
- Data Center dominance: Data Center grew 57% YoY to $5.8B, now 56% of total revenue; heavy reliance on sustained AI accelerator and EPYC processor demand.
- Supply chain: $25.7B in unconditional commitments as of March 28, 2026, with $18.3B due in remainder of FY2026; majority from wafer purchases and cloud service arrangements.
- Lease guarantees: $4.1B maximum exposure from data center lease guarantees with up to 15-year terms; exposure decreases as payments made.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$10.3B
Net Income
Q1 2026
$1.4B
Free Cash Flow
Q1 2026
$2.6B
Operating Margin
Q1 2026
14.4%
ROIC
Q1 2026
2.2%
D/E Ratio
Q1 2026
0.05
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+34.3% YoYNet Income
+164.2% YoYOperating Income
+94.4% YoYEPS (Diluted)
+165.0% YoYTotal Assets
+11.1% YoYTotal Debt
+87.2% YoYOp. Cash Flow
+153.5% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $34.64B +34.3% | $25.79B +13.7% | $22.68B -3.9% | $23.60B +43.6% | $16.43B +68.3% | $9.76B |
| Net Income | $4.33B +164.2% | $1.64B +92.2% | $854.0M -35.3% | $1.32B -58.3% | $3.16B +27.0% | $2.49B |
| Operating Income | $3.69B +94.4% | $1.90B +373.8% | $401.0M -68.3% | $1.26B -65.4% | $3.65B +166.5% | $1.37B |
| EPS (Diluted) | $2.65 +165.0% | $1.00 +88.7% | $0.53 -36.9% | $0.84 -67.3% | $2.57 +24.8% | $2.06 |
| Total Assets | $76.93B +11.1% | $69.23B +2.0% | $67.89B +0.5% | $67.58B +444.2% | $12.42B +38.6% | $8.96B |
| Total Debt | $3.22B +87.2% | $1.72B -30.3% | $2.47B +0.0% | $2.47B +688.2% | $313.0M -5.2% | $330.0M |
| Operating Cash Flow | $7.71B +153.5% | $3.04B +82.4% | $1.67B -53.2% | $3.56B +1.2% | $3.52B +228.8% | $1.07B |
AI Insight: AMD Financial Trends
AMD delivered explosive revenue growth and operating leverage in Q1 2026, with operating income reaching $1,476M and operating cash flow surging to $2,955M.
• Revenue accelerated 75% from Q2 2024 ($5,835M) to Q1 2026 ($10,253M), driven by sustained AI/GPU demand.
• Operating margin expanded from 4.6% in Q2 2024 to 14.4% in Q1 2026, reflecting operational leverage and pricing power.
• Operating cash flow nearly quintupled from $593M in Q2 2024 to $2,955M in Q1 2026, signaling strong cash generation.
• Total debt remained flat at ~$3.2B while equity grew 14% to $64.5B, improving leverage profile despite growth capex.
⚠ Q2 2025 operating income turned negative at -$134M despite $7.7B revenue, suggesting transient margin compression or restructuring charge.
⚠ Net income grew 421% from Q2 2024 to Q1 2026, but recent quarterly deceleration (Q4 2025: $1.5B → Q1 2026: $1.4B) warrants monitoring.
AI Insight: AMD Ratio Trends
AMD's operating margin surged to 14.4% in Q1 2026, sustaining a remarkable recovery from Q2 2025's -1.7% trough.
• OpMargin expanded from -1.7% in Q2 2025 to 17.1% in Q4 2025, then moderated to 14.4% in Q1 2026—still 10x above Q2 2024's 4.6%.
• ROIC climbed from -0.9% in Q2 2025 to 10.6% in Q4 2025, stabilizing at 8.7% in Q1 2026—highest sustained level in dataset.
• Debt-to-equity ratio remained flat at 0.05 across Q3 2025–Q1 2026 after brief 0.06 spike in Q1 2025, signaling stable leverage.
⚠ OpMargin and ROIC both declined Q4 2025 to Q1 2026 (17.1%→14.4%, 10.6%→8.7%), suggesting potential sequential softness despite year-over-year gains.
⚠ Q2 2025's dramatic profitability collapse (OpMargin -1.7%, ROIC -0.9%) remains unexplained; recurrence risk warrants close monitoring.
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Available Research
13F Pro tracks comprehensive data for ADVANCED MICRO DEVICES INC including:
Top Institutional Holders of AMD
Assenagon Asset Management S.A.
$3.1B5,320,075 shSwedbank AB
$2.5B4,243,802 shOFI INVEST ASSET MANAGEMENT
$356.4M699,736 shCzech National Bank
$269.6M464,132 shZEVENBERGEN CAPITAL INVESTMENTS LLC
$239.1M411,585 shCOMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS
$209.2M360,155 shPensionDanmark Pensionsforsikringsaktieselskab
$183.5M315,846 shQRG CAPITAL MANAGEMENT, INC.
$166.4M286,441 shSALEM INVESTMENT COUNSELORS INC
$152.2M261,958 shWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
$125.0M333,742 sh
| Fund | Value | Shares |
|---|---|---|
| Assenagon Asset Management S.A. | $3.1B | 5,320,075 |
| Swedbank AB | $2.5B | 4,243,802 |
| OFI INVEST ASSET MANAGEMENT | $356.4M | 699,736 |
| Czech National Bank | $269.6M | 464,132 |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | $239.1M | 411,585 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $209.2M | 360,155 |
| PensionDanmark Pensionsforsikringsaktieselskab | $183.5M | 315,846 |
| QRG CAPITAL MANAGEMENT, INC. | $166.4M | 286,441 |
| SALEM INVESTMENT COUNSELORS INC | $152.2M | 261,958 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $125.0M | 333,742 |
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13F Pro's AI-powered analysis of ADVANCED MICRO DEVICES INC (AMD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AMD are available on the AMD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
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