Operating Expenses

R&D

Advanced Micro Devices R&D increased by 2.9% to $2.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.7%, from $1.73B to $2.40B. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 29.9% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$659.00M$765.00M$811.00M$1.06B$1.30B$1.28B$1.37B$1.41B$1.44B$1.51B$1.51B$1.53B$1.58B$1.64B$1.71B$1.73B$1.89B$2.14B$2.33B$2.40B
QoQ Change+16.1%+6.0%+30.7%+22.6%-1.6%+6.8%+3.3%+2.3%+4.4%+0.3%+0.9%+3.8%+3.3%+4.6%+0.9%+9.6%+12.9%+8.9%+2.9%
YoY Change+97.3%+67.2%+68.4%+33.1%+11.0%+17.8%+10.6%+8.1%+9.7%+8.6%+13.3%+13.3%+19.6%+30.7%+36.1%+38.7%
Range$659.00M$2.40B
CAGR+31.2%
Avg YoY Growth+30.2%
Median YoY Growth+18.7%
Current Streak14 quarters growth

Frequently Asked Questions

What is Advanced Micro Devices's r&d?
Advanced Micro Devices (AMD) reported r&d of $2.40B in Q1 2026.
How has Advanced Micro Devices's r&d changed year-over-year?
Advanced Micro Devices's r&d increased by 38.7% year-over-year, from $1.73B to $2.40B.
What is the long-term trend for Advanced Micro Devices's r&d?
Over 4 years (2021 to 2025), Advanced Micro Devices's r&d has grown at a 29.9% compound annual growth rate (CAGR), from $2.85B to $8.09B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.