AMD · Earnings call · 2026Q2T · Full report
Income Tax Rate Changes
ADVANCED MICRO DEVICES INC · 2026-08-04 · Importance 36 · Surprise 24 · In source text
AMD expects a non-GAAP effective tax rate of 13% in the third quarter of fiscal 2026. The tax-rate outlook is provided alongside expected third-quarter revenue of approximately $13 billion and non-GAAP operating expenses of approximately $3.65 billion. Management also expects diluted share count of approximately 1.66 billion shares for the quarter, affecting per-share earnings calculations.
Key facts
- AMD expects non-GAAP effective tax rate for Q3 to be 13% and diluted share count to be approximately 1.66 billion shares.
- AMD guided that Q3 non-GAAP effective tax rate will be 13%.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | unclear | committed | — | AMD expects non-GAAP effective tax rate for Q3 to be 13% and diluted share count to be approximately 1.66 billion shares. |
| net_income | positive | committed | — | AMD guided that Q3 non-GAAP effective tax rate will be 13%. |