Advanced Micro Devices, Inc. · AMD · Next earnings

Advanced Micro Devices, Inc. reports Tuesday, Feb 2, 2027

AMD reports after market close with consensus EPS at $2.91 and revenue at $16.36B. Last quarter: AMD Q3: Data-center growth accelerates, while supply and mix remain key tests

Reports After market close89 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $2.91 Calendar consensus
Consensus revenue $16.36B Calendar consensus
Report date Feb 2, 2027 Tuesday, date estimated
Session After market close 89 days away

Where AMD left off: FY2026 Q3

Full report

AMD Q3: Data-center growth accelerates, while supply and mix remain key tests

EPS surprise +7.2% Reported $2.09 vs $1.95
Revenue surprise +2.1% Reported $13.38B vs $13.10B
Stock move +1.0% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised its 2027 revenue-growth outlook to over 80%, according to the supplied call analysis. It also expects AI revenue to outpace CPU revenue in Q4. No more detailed forecast figures were supplied.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Supply constraints across wafers, substrates, advanced packaging and memory could limit deliveries.
  • Higher HBM and component costs may pressure AI margins.
  • Client and gaming segments may face seasonal weakness in 2027.
  • Scaling research, development and capital investment may increase operating expenses.

Questions analysts left open

  • Whether AMD can meet data-center demand with available supply.
  • How HBM and component cost inflation affects AI margins.
  • The potential 2027 seasonal weakness in client and gaming.

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Recent AMD quarters

All AMD earnings
+1.0%FY2026 Q3-7.0%FY2026 Q2+18.6%FY2026 Q1+2.5%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.