Advanced Micro Devices (AMD) Research & Development (2009 - 2026)
Advanced Micro Devices' Research & Development was $2.53 billion in Q2 2026, up 33.5% from $1.89 billion a year earlier and up 5.5% 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 $9.39 billion through Jun 27, 2026, up 34.8% 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 Q2 2026 figure marks the highest quarterly Research & Development in data going back to Q2 2009.
- Compared with a year earlier, Research & Development has increased for 41 straight quarters, with growth averaging 24.2% 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 Q2 2026 was $2.4 billion (Q1 2026), $2.33 billion (Q4 2025) and $2.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | -838.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 25, 2021 | 765.00 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();