Advanced Micro Devices Total Operating Expenses increased by 3.0% to $3.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.5%, from $2.93B to $3.94B. Over 2 years (FY 2023 to FY 2025), Total Operating Expenses shows an upward trend with a 15.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.51B | $2.51B | $2.51B | $2.51B | $2.52B | $2.60B | $2.70B | $3.01B | $2.93B | $3.19B | $3.51B | $3.83B | $3.94B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.4% | +2.8% | +3.9% | +11.7% | -2.7% | +9.0% | +9.9% | +9.0% | +3.0% |
| YoY Change | — | — | — | — | +0.4% | +3.2% | +7.2% | +19.7% | +16.1% | +23.0% | +30.2% | +27.0% | +34.5% |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|
| Data Center | $2.74B | $3.40B | $3.27B | $4.18B |
| Client and Gaming | $2.45B | $2.85B | $3.18B | $3.03B |
| All other | $950.00M | $1.02B | $954.00M | $1.04B |
| Embedded | $495.00M | $549.00M | $574.00M | $535.00M |
| Total | $2.93B | $3.19B | $3.51B | $3.94B |