Advanced Micro Devices (AMD) Operating Margin (2009 - 2026)
Advanced Micro Devices' Operating Margin was 17.25% in Q2 2026, up 18.99 percentage points from -1.74% a year earlier and up 2.85 percentage points from the prior quarter.
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Analysis
Advanced Micro Devices (AMD) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Advanced Micro Devices' Operating Margin was 15.71% through Jun 27, 2026, up 8.05 percentage points year-over-year; for FY2025, it was 10.66%, up 3.30 percentage points from FY2024.
- Operating Margin shows a five-year change of -3.36 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 7.37% in FY2024 (+5.60 pp), 1.77% in FY2023 (-3.59 pp), 5.36% in FY2022 (-16.84 pp) and 22.20% in FY2021 (+8.18 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin since Q4 2021.
- Compared with a year earlier, Operating Margin has increased for four straight quarters, with an average year-over-year change of +5.97 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q2 2026 (a gain of 18.99 percentage points); the worst was Q4 2022 (a drop of 27.67 percentage points).
- Per Business Quant data, AMD's Operating Margin in the three quarters before Q2 2026 was 14.40% (Q1 2026), 17.06% (Q4 2025) and 13.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 66.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 60.34% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 53.92% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 17.25% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 11.14% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 37.39% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 33.74% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 7.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 17.25% |
| Mar 28, 2026 | 14.40% |
| Dec 27, 2025 | 17.06% |
| Sep 27, 2025 | 13.74% |
| Jun 28, 2025 | -1.74% |
| Mar 29, 2025 | 10.84% |
| Dec 28, 2024 | 11.37% |
| Sep 28, 2024 | 10.62% |
| Jun 29, 2024 | 4.61% |
| Mar 30, 2024 | 0.66% |
| Dec 30, 2023 | 5.54% |
| Sep 30, 2023 | 3.86% |
| Jul 1, 2023 | -0.37% |
| Apr 1, 2023 | -2.71% |
| Dec 31, 2022 | -2.66% |
| Sep 24, 2022 | -1.15% |
| Jun 25, 2022 | 8.03% |
| Mar 26, 2022 | 16.15% |
| Dec 25, 2021 | 25.01% |
| Sep 25, 2021 | 21.98% |
API Access
Advanced Micro Devices Operating Margin 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-margin&ticker=AMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=AMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();