AMD · 10-Q · 2026Q3 · Full report
Operating Cash Flow Trends
ADVANCED MICRO DEVICES INC · 2026-11-04 · Importance 69 · Surprise 64 · No source text
Net cash from continuing operations was $6.523 billion for the first nine months of 2026, up from $4.189 billion in the prior-year period. The 2026 amount included $6.1 billion of net income, $4.0 billion of non-cash and non-operating adjustments, and $3.6 billion of net cash outflows from working-capital changes. Inventory increased $3.5 billion to support the Data Center product ramp, while accounts receivable rose $2.9 billion and accounts payable increased $4.5 billion.
Key facts
- Net cash provided by operating activities of continuing operations was $6.5 billion for the nine months ended September 26, 2026, compared with $4.2 billion for the nine months ended September 27, 2025. source
- For the nine months ended September 26, 2026, operating cash flow included net income of $6.1 billion, adjusted for $4.0 billion of non-cash and non-operating charges and $3.6 billion of net cash outflows from changes in operating assets and liabilities. source
- For the nine months ended September 26, 2026, accounts receivable increased $2.9 billion, primarily driven by higher revenue. source
- For the nine months ended September 26, 2026, accounts payable increased $4.5 billion, primarily due to payment-obligation timing and higher inventory purchases. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -4.8% | For the nine months ended September 26, 2026, accounts payable increased $4.5 billion, primarily due to payment-obligation timing and… |
| assets | positive | realized | +3.1% | For the nine months ended September 26, 2026, accounts receivable increased $2.9 billion, primarily driven by higher revenue. |
| cash | positive | realized | +2.4% | Net cash provided by operating activities of continuing operations was $6.5 billion for the nine months ended September 26, 2026, compared… |