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operating-expenses-chart

AMD Operating Expenses

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In Q1'26, AMD's total operating expenses reached $3.65B USD, with R&D expenses at $2.40B USD and SG&A expenses at $1.25B USD, reflecting a continued upward trajectory in both categories driven by investments in innovation and administrative scaling. From Q2'23 to Q1'26, R&D expenses have grown steadily from $1.44B USD to $2.40B USD, showing a 66% increase and consistent quarterly rises, particularly accelerating in 2025 with jumps exceeding 10% per quarter. SG&A expenses followed a similar pattern, rising from $547M USD to $1.25B USD—a 129% growth—though with minor fluctuations like a dip in Q1'24, underscoring overall expansion in operational costs amid AMD's strategic focus on growth. The stacked bar chart highlights R&D as the dominant component, consistently comprising over 70% of total expenses, while the combined trend indicates robust but managed cost inflation over the 12-quarter period.