Below is Dolphin Research's Trans of AMD's FY26 Q1 earnings call. For our analysis, see 'CPU in Overdrive, Helios Near, Is AMD Finally Breaking Through?'.

AMD reported its Q1 2026 results after the U.S. market close on May 6 (Beijing time). The quarter covered the period ended Mar 2026. Key takeaways:

1) Overall results: $AMD(AMD.US) delivered revenue of $10.25bn (+37.8% YoY), beating market est. of $9.9bn. Growth was led by Data Center and Client.

GAAP GPM was 52.8%. It expanded 260bps YoY...

Below is Dolphin Research's transcript of AMD's Q4 2025 earnings call. For earnings analysis, see 'Another Loud Thunder, Little Rain! When Will AMD Step Up?'

AMD released Q4 2025 results (quarter ended Dec 2025) after hours on Feb 4, 2026 Beijing time. Revenue was $10.27bn (+34.1% YoY), beating the raised consensus of $10.0bn.

The following are the minutes of AMD's Q3 2025 earnings call, compiled by Dolphin Research. For an interpretation of the earnings report, please refer to the article titled 'AMD: Partnering with Open AI? Not a 'Spare Tire' Lifesaver'.

1. Review of AMD's Core Financial Data

Overall performance for the third quarter: Revenue increased by 36% year-over-year to $9.2 billion, excluding revenue from MI308 sales to China; net profit increased by 31%; free cash flow grew more than threefold; diluted earnings per share were $1.20, up 30% from $0.92 in the same period last year...

AMD (AMD.O) released its financial results for the third quarter of 2025 (ending September 2025) after the U.S. stock market closed on the morning of November 5, 2025, Beijing time. Key points are as follows: 1. Overall Performance: AMD achieved a revenue of $9.25 billion in the third quarter of 2025, a year-on-year increase of 35.6%, exceeding market expectations ($8.74 billion). The year-on-year growth in revenue was mainly driven by the client and gaming business, as well as the data center business. The company's gross margin (GAAP) for this quarter was 51.7%, an increase of 1.6 percentage points year-on-year...

The following are the minutes of AMD's Q2 2025 earnings call organized by Dolphin Research. For earnings interpretation, please refer to "AMD: CPUs Strongly Compete with Intel, When Will AI GPUs Challenge NVIDIA?" 1. $AMD(AMD.US) Key Financial Information Review 1. Overall Performance: a. Revenue: $7.7 billion, exceeding the midpoint of guidance, up 32% year-over-year; up 3% quarter-over-quarter (growth in client and gaming segments offsetting some decline in data center revenue). Sales of Ryzen and EPYC processors hit record highs, and shipments of semi-custom products increased...

$AMD(AMD.US) released its Q2 2025 financial results (ending June 2025) after the U.S. stock market closed on the morning of August 6, 2025, Beijing time. Key points are as follows:1. Overall Performa...

AMD (AMD.O) released its Q1 2025 earnings report (as of March 2025) after the U.S. market close on May 7, 2025, Beijing time. Key highlights are as follows: Below are the Minutes of AMD's Q1 2025 earnings call. For a Quick Interpretation of the report, please refer to "AMD: 'Outplaying' Intel and Ready to 'Turn Up the Heat' on NVIDIA?" 1. $AMD(AMD.US) Key Financial Metrics Review 1. Overall Performance: Record revenue of $7.4 billion, exceeding guidance 上限， up 36% YoY but down 3% QoQ; gross margin 54%...

AMD (AMD.O) released its Q1 2025 financial report (ending March 2025) after U.S. stock market hours on May 7, 2025, Beijing time. The key points are as follows: 1. Overall performance: Revenue & profit both increased year-on-year. AMD achieved revenue of $7.44 billion in Q1 2025, a year-on-year increase of 35.9%, exceeding market expectations ($7.1 billion). The growth in revenue was mainly driven by the client business and data center business. AMD achieved a net profit of $710 million in Q1 2025, excluding amortization and other related impacts...