AMD · Earnings call · 2026Q2T · Full report
Liquidity and Cash Position
ADVANCED MICRO DEVICES INC · 2026-08-04 · Importance 37 · Surprise 6 · In source text
AMD generated $2.4 billion of cash from continuing operations during the second quarter. Free cash flow was $1.6 billion for the quarter. Cash, cash equivalents and short-term investments totaled $13.1 billion at quarter-end. Inventory increased sequentially to approximately $8.5 billion to support strong data center demand.
Key facts
- AMD expects non-GAAP other income and expense in Q3 to be approximately $55 million.
- During the quarter AMD generated $2.4 billion in cash from continuing operations and $1.6 billion in free cash flow.
- At the end of the quarter, cash, cash equivalents and short-term investments were $13.1 billion.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | committed | — | AMD expects non-GAAP other income and expense in Q3 to be approximately $55 million. |
| cash | positive | realized | — | During the quarter AMD generated $2.4 billion in cash from continuing operations and $1.6 billion in free cash flow. |
| cash | positive | realized | — | During the quarter AMD generated $2.4 billion in cash from continuing operations and $1.6 billion in free cash flow. |