AMD: revenue $10.3B, net income $1.38B. AMD omits required controls disclosure in Q1 2026 10-Q; Q1 2025 showed 95.1% revenue surge

Filed May 6, 2026 · Period ending March 28, 2026 · Compared to 10-Q May 7, 2025 · ~1 min read

Key Changes

• high

  Current filing completely omits the required disclosure controls evaluation and internal controls change statement that appeared in the prior-year Q1 filing, leaving investors without management's assessment of control effectiveness.

  Controls & Procedures verify on EDGAR →
• high

  Q1 2025 revenue grew 37.8% to $10.3B driven by Data Center AI accelerators (Instinct GPUs) and EPYC CPUs, with gross margin expanding 300 basis points to 50% on richer product mix.

  MD&A: Revenue & Margins verify on EDGAR →
• high

  AMD closed the $3.4B ZT Systems acquisition on March 31, 2025 to accelerate AI infrastructure design, funded by $1.5B senior notes and $950M commercial paper; actively seeking buyer for ZT's manufacturing operations.

  MD&A: ZT Systems Acquisition verify on EDGAR →