Operating Expenses

Total Operating Expenses

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

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...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: total_operating_expenses

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$2.51B$3.94B
CAGR+16.1%
Avg YoY Growth+17.9%
Median YoY Growth+19.7%
Current Streak4 quarters growth

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q1 '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

Frequently Asked Questions

What is Advanced Micro Devices's total operating expenses?
Advanced Micro Devices (AMD) reported total operating expenses of $3.94B in Q1 2026.
How has Advanced Micro Devices's total operating expenses changed year-over-year?
Advanced Micro Devices's total operating expenses increased by 34.5% year-over-year, from $2.93B to $3.94B.
What is the long-term trend for Advanced Micro Devices's total operating expenses?
Over 2 years (2023 to 2025), Advanced Micro Devices's total operating expenses has grown at a 15.7% compound annual growth rate (CAGR), from $10.06B to $13.46B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.