AMD Earnings Date: Q3 2025 Report Oct 28

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Advanced Micro Devices, Inc. (NASDAQ: AMD) is scheduled to report Q3 2025 earnings on October 28, 2025, after market close. AMD is a Santa Clara, California-based semiconductor company that designs CPUs and GPUs for data centers, gaming, and consumer computing. This page provides AMD's confirmed earnings date and report time, current analyst estimates, AMD's quarterly earnings history, and what analysts are watching this earnings season.

NEXT AMD EARNINGS DATE

Quarter: Q3 2025 (July–September 2025) Date: Tuesday, October 28, 2025 Report Time: After Market Close (AMC) Press Release: ~4:05–4:15 PM ET Earnings Call: ~5:00 PM ET Source: AMD Investor Relations (ir.amd.com)

This content is for informational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any security. Past earnings performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

When Does AMD Report Earnings?

AMD reports earnings four times per year, once for each fiscal quarter. Each quarterly earnings report includes AMD's net revenue, GAAP EPS (earnings per share), non-GAAP EPS, and segment-level revenue breakdowns for Data Center, Client, Gaming, and Embedded. AMD files a Form 10-Q with the SEC after each of its first three quarters, and a Form 10-K for the fourth quarter alongside full-year annual results.

Q4 results covering October through December are typically reported in late January or early February of the following year. Q1 follows in late April or early May, Q2 in late July or early August, and Q3 in late October or early November.

One structural detail that trips up many investors: AMD uses a 52/53-week fiscal year ending on the last Saturday of December. This means AMD's fiscal quarter boundaries do not fall exactly on standard calendar quarter-end dates like March 31 or June 30. AMD's Q1 typically ends in late March, but the exact date shifts slightly from year to year. Always verify AMD's quarter-end dates against AMD's SEC filings rather than assuming exact calendar alignment.

AMD 2025 Earnings Calendar

Unconfirmed dates are labeled Estimated. AMD typically announces exact dates 2–4 weeks before each report via a press release on AMD Investor Relations (ir.amd.com).

What Time Does AMD Report Earnings?

AMD reports earnings after market close (AMC). It does not report before market open (BMO).

AMD consistently releases its earnings press release at approximately 4:05–4:15 PM Eastern Time on the scheduled earnings date, within minutes of the regular trading session closing. The live earnings call begins approximately 45–60 minutes later, typically at 5:00 PM ET.

AMD Earnings Timing

• Report Convention: After Market Close (AMC)
• Press Release: ~4:05–4:15 PM ET
• Earnings Call Start: ~5:00 PM ET

Because AMD reports AMC rather than BMO, the stock's initial price reaction occurs in after-hours trading (4:00–8:00 PM ET) before the regular session opens the following morning. Investors who want to react to the numbers the same evening can trade AMD shares in after-hours sessions through most major retail brokerages. Investors who do not use after-hours trading will see the market's full response reflected at the next day's open. This AMC reporting convention has been consistent across multiple years of AMD earnings releases.

AMD Earnings Estimates: What Are Analysts Expecting?

Q3 2025 AMD Earnings Consensus Estimates

• EPS Estimate (Non-GAAP): $0.92 per share
• Revenue Estimate: $7.7b (+26% YoY)
• Source: FactSet consensus
• As of: October 15, 2025

The consensus estimate is the average EPS and revenue forecast from Wall Street analysts who cover AMD, compiled by financial data services including FactSet, Zacks, and Refinitiv. AMD always reports two EPS figures: GAAP EPS (calculated under Generally Accepted Accounting Principles, which includes stock-based compensation and acquisition-related charges) and non-GAAP EPS (adjusted EPS, which excludes those items). Analysts' consensus estimates almost always reference non-GAAP EPS, which is typically the higher of the two figures. Wall Street's current earnings forecast for AMD's Q3 2025 report reflects continued Data Center growth offset by ongoing softness in the Gaming segment.

Some traders also track the AMD earnings whisper number, an informal estimate that tends to run above the official consensus and represents the unofficial bar AMD must clear to avoid a negative after-hours reaction. The whisper number is available at EarningsWhispers.com.

Key Analyst Focus Points for AMD Q3 2025:

• Data Center segment revenue: Analysts track whether MI300X AI GPU shipments continue accelerating. Data Center is the single most watched figure in AMD's report, and its revenue trajectory against NVIDIA's dominant market share drives the immediate stock reaction.
• EPYC server CPU market share: AMD's EPYC processors have gained consistent ground against Intel's Xeon line. Analysts watch for further server CPU share gains in cloud deployments.
• Forward guidance revenue midpoint: AMD's Q4 2025 revenue guidance typically determines the stock's after-hours direction more than the Q3 headline numbers themselves.
• Non-GAAP gross margin trajectory: Analysts track whether AMD can expand margins as the Data Center product mix grows relative to lower-margin segments.
• Embedded segment recovery: After a prolonged inventory correction through 2023–2024, analysts watch for signs that the FPGA and embedded processor segment is returning to growth.

For AMD's full historical beat/miss record, see the AMD earnings history table below.

AMD Earnings History: Quarterly Results

AMD has beaten Wall Street's non-GAAP EPS consensus estimate in 7 of the last 8 quarters, with an average earnings surprise of approximately +8.4%.

Most Recent AMD Earnings Results: Q2 2025

All EPS estimates in the table below reflect non-GAAP (adjusted) EPS. This is the figure used in analyst consensus estimates; it excludes stock-based compensation and acquisition-related amortization.

AMD Quarterly Earnings History (8 Quarters)

Net revenue and EPS data sourced from AMD earnings press releases via AMD Investor Relations (ir.amd.com). Consensus estimates from FactSet. Stock reaction = next regular trading session close % change from prior day close. Last Updated: October 2025.

What to Watch in AMD's Q3 2025 Earnings Report

In its Q2 2025 earnings call, AMD guided for Q3 2025 revenue of approximately $7.7 billion (plus or minus $300 million), above the then-current analyst consensus of approximately $7.5 billion. That guidance set an elevated bar, and analysts enter this report focused on whether AMD can deliver against its own raised expectations.

The four AMD reporting segments analysts will dissect on earnings day:

• Data Center: AMD's largest and fastest-growing segment, powered by EPYC server CPUs and Instinct AI GPU accelerators. The MI300X GPU is AMD's flagship AI accelerator, competing directly with NVIDIA's H100 and H200 in enterprise AI training and inference workloads. Data Center revenue is the primary driver of AMD's stock reaction each quarter, and analysts track MI300X shipment growth as the key indicator of AMD's AI chip market share progress.

• Client: AMD's Ryzen CPU business for consumer desktops, laptops, and commercial PCs. Client segment performance tracks the broader PC market cycle, which has been recovering from post-pandemic normalization. Analysts watch Ryzen for signs of continued market share gains against Intel's Core processors.

• Gaming: AMD's Radeon discrete GPU business and semi-custom system-on-chip revenue from game consoles, including PlayStation 5 and Xbox Series X/S. Gaming segment revenue has declined in recent quarters as the console product cycle winds down from its 2021–2022 peak, making this segment a headwind to total revenue growth even as Data Center accelerates.

• Embedded: FPGA and embedded processor products derived from AMD's February 2022 acquisition of Xilinx. The Embedded segment spent 2023–2024 in a significant inventory correction as customers worked through excess supply. Analysts now watch for evidence of a recovery cycle that would add incremental revenue growth.

What Lisa Su Will Discuss on the Call

Dr. Lisa Su, AMD's President and CEO, delivers prepared remarks on AMD's quarterly results before opening the call to analyst questions. Her commentary on AI chip demand, MI300X customer adoption, and the forward revenue pipeline has historically moved AMD stock as much as or more than the headline EPS figure itself. Investors watching the call should pay particular attention to her language around the pacing of Data Center GPU orders and any commentary on AMD's competitive positioning relative to NVIDIA in hyperscaler AI infrastructure.

Forward Guidance to Watch

Analyst Consensus for AMD Q4 2025 Guidance Expectation: Revenue approximately $8.1b (prior to AMD's official guidance release) AMD's actual Q4 2025 guidance will be issued simultaneously with Q3 results on October 28, 2025.

How to Watch the AMD Earnings Call

Dr. Lisa Su and AMD's CFO present results and take questions from Wall Street analysts on the live call. Access is free and requires no registration.

How to access the AMD earnings webcast:

1. Go to AMD's Investor Relations page at ir.amd.com
2. Click "Events and Presentations" in the top navigation
3. Select the upcoming earnings call event
4. Click the webcast link to launch the live stream in your browser. No account is required.
5. A full replay is available on the same page within 24 hours of the call ending

What to listen for on the call:

• AMD's Q4 2025 guidance: the revenue midpoint and non-GAAP gross margin target
• Data Center segment revenue figures and Dr. Su's commentary on MI300X AI GPU demand
• Management's tone on competitive positioning against NVIDIA in enterprise AI chip deployments

AMD's complete financial statements are available in the Form 10-Q filed with the SEC within 40 days of each quarter end via AMD SEC EDGAR filings (Form 10-Q).

How Does AMD Stock Typically React to Earnings?

What Happened to AMD Stock After the Last Earnings Report?

AMD stock rose 6.2% in the regular trading session on July 30, 2025, the day following Q2 2025 results. In after-hours trading on July 29, shares initially climbed approximately 4.1% before settling as investors processed the Q3 2025 revenue guidance.

AMD's stock reaction to earnings is driven by two factors operating in sequence. The first is the beat/miss versus analyst consensus estimates: if AMD reports non-GAAP EPS or revenue above the Wall Street consensus, the stock typically rises in after-hours trading. A miss sends it lower. The second factor, and often the more consequential one, is AMD's forward guidance for the next quarter. An AMD earnings beat followed by guidance below analyst expectations will frequently cause the stock to fall despite the strong current-quarter results. Investors watching AMD after-hours should track both the reported numbers and the guidance simultaneously.

Over the last 8 quarters, AMD's average next-day stock move after earnings has been approximately +/-6.7%, with 5 positive sessions and 3 negative sessions.

Options traders track AMD's implied volatility (IV), which represents the options market's pricing of expected stock movement around an event. IV typically rises sharply in the 1–2 weeks preceding AMD's report, then collapses after results are released. This collapse is known as IV crush. Traders can find AMD's current implied move pricing in their brokerage's options chain. Because AMD reports AMC, the weekly options expiration cycle ending after the earnings date is the most relevant for earnings-adjacent positions.

This content is for informational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any security. Past earnings performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Semiconductor Earnings Calendar: AMD vs. NVIDIA vs. Intel

Investors tracking the semiconductor sector often follow AMD, NVIDIA (NVDA), and Intel (INTC) earnings dates together, as results from one company frequently inform expectations for the others.

Unconfirmed Q4 dates are labeled Estimated. All dates sourced from respective company investor relations pages. Updated quarterly.

NVIDIA's fiscal year ends in late January, while AMD's ends in late December. This means NVIDIA's quarterly reporting periods do not align exactly with AMD's despite both companies publishing quarterly results. NVIDIA typically reports approximately 3–4 weeks after AMD within the same calendar quarter, making NVIDIA's results a useful forward indicator for AI chip demand that analysts reference during AMD's calls.

AMD Earnings FAQs

When Does AMD Report Earnings?

AMD reports earnings four times per year, once for each fiscal quarter. The next AMD earnings date is October 28, 2025. See the full calendar above for all four 2025 quarters.

AMD follows an approximate annual schedule: Q4 results in late January or early February, Q1 in late April or early May, Q2 in late July or early August, and Q3 in late October or early November.

What Time Does AMD Release Earnings?

AMD releases earnings after market close (AMC), typically at approximately 4:05–4:15 PM Eastern Time on the earnings date, followed by a live earnings call at approximately 5:00 PM ET. Both the press release and the webcast are available free of charge through AMD's Investor Relations page.

Does AMD Report Earnings Before or After Market Close?

AMD consistently reports earnings after market close (AMC), not before market open (BMO). The stock's initial price reaction occurs in after-hours trading (4:00–8:00 PM ET) on the earnings date, before the regular session opens the following morning. This AMC convention has been consistent across multiple years of AMD earnings releases.

What Is AMD's Fiscal Year End Date?

AMD's fiscal year ends on the last Saturday of December, following a 52/53-week fiscal calendar. Because of this structure, AMD's quarter-end dates shift slightly from year to year and do not fall exactly on March 31, June 30, September 30, or December 31. Q4 and full-year annual results are typically reported in late January or early February of the following year.

How Often Does AMD Report Earnings?

AMD reports earnings quarterly: four times per year. Approximate schedule: Q1 in late April or early May, Q2 in late July or early August, Q3 in late October or early November, and Q4 (along with the full-year annual results) in late January or early February.

Has AMD Beaten Earnings Estimates Recently?

Yes. AMD has beaten Wall Street's non-GAAP EPS consensus in 7 of the last 8 quarters, with an average earnings surprise of approximately +8.4%. For quarter-by-quarter data including revenue beat/miss and stock reaction, see the AMD earnings history table above.

Where Can I Find AMD's Official Earnings Calendar?

AMD's confirmed earnings dates are published on AMD's Investor Relations page (ir.amd.com), the NASDAQ earnings calendar (nasdaq.com/market-activity/earnings), and major financial platforms including Yahoo Finance and MarketWatch. AMD typically announces exact dates via press release 2–4 weeks before each report. AMD's SEC 8-K filing announcing the date is also available through AMD SEC EDGAR filings.

How Do I Watch the AMD Earnings Call?

AMD earnings calls are broadcast live via free webcast at AMD Events and Presentations (ir.amd.com/events-and-presentations). No registration is required. A full replay is available on the same page within 24 hours of the call ending. The call typically begins at approximately 5:00 PM ET on the earnings date, roughly 45–60 minutes after the press release.

Disclaimer and Sources

This content is for informational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any security. Past earnings performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Sources: Earnings dates sourced from AMD Investor Relations (ir.amd.com) and AMD SEC EDGAR filings (Form 10-Q). Analyst consensus estimates sourced from FactSet consensus. Historical financial data sourced from AMD earnings press releases. Competitor earnings dates sourced from respective company investor relations pages. All figures are presented in USD.

This page is updated within 24 hours of each AMD earnings release. Last Updated: October 2025.