Advanced Micro Devices (AMD) Operating Expenses (2009 - 2026)
Advanced Micro Devices' Operating Expenses came in at $4.21 billion for Q2 2026, up 31.9% from $3.19 billion a year earlier and up 6.9% from the prior quarter.
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Analysis
Advanced Micro Devices (AMD) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Advanced Micro Devices reported Operating Expenses of $15.49 billion, up 30.9% year-over-year; for FY2025, it was $13.46 billion, up 24.3% from FY2024.
- Operating Expenses has increased in each of the last nine years, with a five-year compound annual growth rate of 33.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $10.83 billion in FY2024 (+7.6%), $10.06 billion in FY2023 (+29.3%), $7.78 billion in FY2022 (+69.5%) and $4.59 billion in FY2021 (+43.6%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q2 2009.
- Year-over-year, Operating Expenses has increased for 39 consecutive quarters, with growth averaging 29.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 5.2% in Q2 2023 to 89.2% in Q2 2022.
- Business Quant data shows AMD's Operating Expenses at $3.94 billion (Q1 2026), $3.83 billion (Q4 2025) and $3.51 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 3.13 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 4.50 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 4.21 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 4.71 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 965.25 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 1.51 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | -1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.21 Bn |
| Mar 28, 2026 | 3.94 Bn |
| Dec 27, 2025 | 3.83 Bn |
| Sep 27, 2025 | 3.51 Bn |
| Jun 28, 2025 | 3.19 Bn |
| Mar 29, 2025 | 2.93 Bn |
| Dec 28, 2024 | 3.01 Bn |
| Sep 28, 2024 | 2.70 Bn |
| Jun 29, 2024 | 2.60 Bn |
| Mar 30, 2024 | 2.52 Bn |
| Dec 30, 2023 | 2.12 Bn |
| Sep 30, 2023 | 2.08 Bn |
| Jul 1, 2023 | 1.99 Bn |
| Apr 1, 2023 | 2.00 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 24, 2022 | 1.84 Bn |
| Jun 25, 2022 | 1.89 Bn |
| Mar 26, 2022 | 1.66 Bn |
| Dec 25, 2021 | 1.22 Bn |
| Sep 25, 2021 | 1.14 Bn |
API Access
Advanced Micro Devices Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=AMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=AMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();