Advanced Micro Devices (AMD) Research & Development (2009 - 2026)
Advanced Micro Devices' Research & Development was $2.8 billion in Q3 2026, up 31.0% from $2.14 billion a year earlier and up 10.9% from the prior quarter.
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Analysis
Advanced Micro Devices (AMD) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Advanced Micro Devices' Research & Development was $10.06 billion through Sep 26, 2026, up 34.6% year-over-year; for FY2025, it was $8.09 billion, up 25.3% from FY2024.
- Research & Development has now increased for ten consecutive years, with a five-year compound annual growth rate of 32.5% (FY2020 to FY2025).
- In earlier years, Research & Development was $6.46 billion in FY2024 (+9.9%), $5.87 billion in FY2023 (+17.3%), $5.01 billion in FY2022 (+75.9%) and $2.85 billion in FY2021 (+43.5%).
- The Q3 2026 figure marks the highest quarterly Research & Development in data going back to Q1 2009.
- Compared with a year earlier, Research & Development has increased for 42 straight quarters, with growth averaging 27.0% over the last eight quarters.
- The year-over-year growth in Research & Development has ranged between 8.1% (Q1 2024) and 97.3% (Q2 2022) over the last five years.
- Per Business Quant data, AMD's Research & Development in the three quarters before Q3 2026 was $2.53 billion (Q2 2026), $2.4 billion (Q1 2026) and $2.33 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 2.78 Bn |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 7.05 Bn |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 2.90 Bn |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 1.91 Bn |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 2.80 Bn |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 3.49 Bn |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | 1.13 Bn |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 666.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 2.80 Bn |
| Jun 27, 2026 | 2.53 Bn |
| Mar 28, 2026 | 2.40 Bn |
| Dec 27, 2025 | 2.33 Bn |
| Sep 27, 2025 | 2.14 Bn |
| Jun 28, 2025 | 1.89 Bn |
| Mar 29, 2025 | 1.73 Bn |
| Dec 28, 2024 | 1.71 Bn |
| Sep 28, 2024 | 1.64 Bn |
| Jun 29, 2024 | 1.58 Bn |
| Mar 30, 2024 | 1.53 Bn |
| Dec 30, 2023 | 1.51 Bn |
| Sep 30, 2023 | 1.51 Bn |
| Jul 1, 2023 | 1.44 Bn |
| Apr 1, 2023 | 1.41 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 24, 2022 | 1.28 Bn |
| Jun 25, 2022 | 1.30 Bn |
| Mar 26, 2022 | 1.06 Bn |
| Dec 25, 2021 | 811.00 Mn |
API Access
Advanced Micro Devices Research & Development 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=research-and-development&ticker=AMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=AMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();