ADVANCED MICRO DEVICES INC(AMD)Stock Analysis
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Rank #32 of 2,961 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
AMD Stock Analysis & AI Quality Score
Data updated 2026-09-11AI 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 79.8/100 on a 32-signal composite quality model, placing it at rank #32 of 2,961 stocks — the top 5% of the AI-ranked universe. AMD scores in the top quartile across revenue scale (96.2), revenue growth (89.1), institutional flow (86.8). Shareholder dilution risk is elevated at 25.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), ADVANCED MICRO DEVICES INC reports quarterly revenue of $11.5B, net income of $2.3B, an operating margin of 17.3%. Top institutional holders of AMD by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, 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 50 and 84 since 2021, currently 79.8 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.
What's Driving AMD's Business? Latest 10-Q Breakdown
✓ 32/32 datapoints verifiedAI-extracted from ADVANCED MICRO DEVICES INC's 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 27, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 50% YoY to $11.5B as Data Center more than doubled to $6.7B, lifting gross margin to 54% from 40% and operating income to $2.0B.
Biggest Revenue Drivers
Primarily driven by strong demand for AMD EPYC processors and AMD Instinct MI350 Series GPUs
Client strength from Ryzen processors partially offset by lower semi-custom revenue
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$11.5B
Net Income
Q2 2026
$2.3B
Free Cash Flow
Q2 2026
$1.6B
Operating Margin
Q2 2026
17.3%
ROIC
Q2 2026
11.3%
D/E Ratio
Q2 2026
0.05
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+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% YoYFree Cash Flow
+180.0% 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 |
| Free Cash Flow | $6.74B +180.0% | $2.40B +114.5% | $1.12B -64.0% | $3.12B -3.3% | $3.22B +314.4% | $777.0M |
AI Insight: AMD Financial Trends
AMD delivered 69% revenue growth from Q3 2024 to Q2 2026 while operating margin swung from 10.6% to 17.3%, driven by AI chip demand and operational leverage.
• Revenue accelerated from $6,819M in Q3 2024 to $11,536M in Q2 2026, a 69% increase over 8 quarters.
• Operating income surged to $1,990M in Q2 2026 from $724M in Q3 2024; operating margin recovered to 17.3% after Q2 2025 dip.
• Operating cash flow nearly quadrupled to $2,955M in Q1 2026 from $628M in Q3 2024, showing strong cash generation.
• Net income grew 186% from $771M in Q3 2024 to $2,297M in Q2 2026, outpacing revenue growth.
⚠ Total debt increased 87% from $1,720M to $3,226M; debt-to-equity ratio rose from 3% to 4.8%.
⚠ Operating income turned negative (-$134M) in Q2 2025 despite $7,685M revenue; operational volatility evident.
⚠ Operating cash flow declined 20% from Q1 2026 peak ($2,955M) to Q2 2026 ($2,366M); potential working capital timing.
AI Insight: AMD Ratio Trends
AMD's profitability surged to multi-quarter highs in Q2 2026, with operating margin reaching 17.2% and net profit margin jumping to 19.9%.
• Operating margin expanded from 10.6% in Q3 2024 to 17.2% in Q2 2026, driven by operational leverage and improved product mix.
• ROIC strengthened to 11.3% in Q2 2026 from a low of -0.9% in Q2 2025, signaling better capital deployment efficiency.
• Net profit margin hit 19.9% in Q2 2026, the highest in the dataset, versus 6.3% in Q4 2024.
⚠ Q2 2026 NPM of 19.9% is an outlier relative to recent quarters; monitor whether this represents sustainable profitability or one-time gains.
⚠ Leverage (D/E) stable at 0.05, but ROE volatility (13.7% in Q2 2026 vs. 3.4% in Q4 2024) warrants tracking earnings stability.
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Available Research
13F Pro tracks comprehensive data for ADVANCED MICRO DEVICES INC including:
Top Institutional Holders of AMD
BlackRock, Inc.
$87.3B150,301,510 shVANGUARD CAPITAL MANAGEMENT LLC
$61.9B106,500,177 shSTATE STREET CORP
$43.2B74,361,687 shInvesco Ltd.
$30.9B53,171,203 shGEODE CAPITAL MANAGEMENT, LLC
$22.9B39,568,601 shVANGUARD PORTFOLIO MANAGEMENT LLC
$22.0B37,929,920 shJPMORGAN CHASE & CO
$21.7B40,309,233 shPRICE T ROWE ASSOCIATES INC /MD/
$20.9B35,938,258 shJANE STREET GROUP, LLC
$19.8B34,157,600 shFMR LLC
$14.8B25,558,552 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $87.3B | 150,301,510 |
| VANGUARD CAPITAL MANAGEMENT LLC | $61.9B | 106,500,177 |
| STATE STREET CORP | $43.2B | 74,361,687 |
| Invesco Ltd. | $30.9B | 53,171,203 |
| GEODE CAPITAL MANAGEMENT, LLC | $22.9B | 39,568,601 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $22.0B | 37,929,920 |
| JPMORGAN CHASE & CO | $21.7B | 40,309,233 |
| PRICE T ROWE ASSOCIATES INC /MD/ | $20.9B | 35,938,258 |
| JANE STREET GROUP, LLC | $19.8B | 34,157,600 |
| FMR LLC | $14.8B | 25,558,552 |
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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
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Popular Research
Is AMD a good stock to buy?
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. AMD is classified as a mega company.
Which hedge funds own AMD?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AMD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ADVANCED MICRO DEVICES INC's investment landscape.