AMD · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

ADVANCED MICRO DEVICES INC · 2026-08-05 · Importance 69 · Surprise 64 · In source text

Cash provided by continuing-operations operating activities increased to $5.3 billion in the first six months of fiscal 2026 from $2.4 billion in the prior-year period. The 2026 amount reflected $3.7 billion of net income, $1.9 billion of non-cash and non-operating adjustments, and $274 million of operating-asset and liability cash outflows. Accounts receivable increased $966 million and prepaid expenses and other assets increased $1.0 billion, while accounts payable increased $2.2 billion. The prior-year period included a $943 million inventory increase to support Client and Data Center product ramps.

Key facts

• During the six months ended June 27, 2026, AMD generated $5.3 billion of cash from operating activities. source
• Net cash provided by operating activities of continuing operations was $5,321 million in the six months ended June 27, 2026. source
• Net cash provided by operating activities of continuing operations in the six months ended June 27, 2026 was primarily due to net income of $3.7 billion, adjusted for non-cash and non-operating charges of $1.9 billion and net cash outflows of $274 million from changes in operating assets and liabilities. source
• Primary drivers of changes in operating assets and liabilities for the six months ended June 27, 2026 included a $966 million increase in accounts receivable, a $1.0 billion increase in prepaid expenses and other assets, partially offset by a $2.2 billion increase in accounts payable. source
• Net cash provided by operating activities of continuing operations was $2,401 million in the six months ended June 28, 2025. source

Impact estimates