AMD · Earnings call · 2026Q3T · Full report
Operating Cash Flow Trends
ADVANCED MICRO DEVICES INC · 2026-11-03 · Importance 27 · Surprise 6 · In source text
AMD generated $1.2 billion of cash from operating activities of continuing operations in the third quarter. Free cash flow was $554 million, reflecting higher working-capital investment and ongoing capital expenditures to secure equipment and capacity for Data Center growth. The spending included back-end capacity dedicated to support Data Center demand.
Key facts
- AMD generated $1.2 billion in cash from operating activities of continuing operations in Q3 2026.
- AMD Q3 2026 free cash flow was $554 million, reflecting increased working-capital investment and capital expenditures to secure equipment and capacity for data center growth, including dedicated back-end capacity.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +1.4% | AMD generated $1.2 billion in cash from operating activities of continuing operations in Q3 2026. |