AMD is a high-octane earnings name: large moves, a wide tail, and a habit of moving past what options price in. Below is its earnings behaviour based on the last 16 reports (roughly the past 10 years), as of June 2026. The numbers describe history, so they’re useful whether you’re reading this months before a report or the week of one.
AMD earnings at a glance
AMD’s typical earnings move is big — about ±10.7% over a decade, median ±9.9% — and the tail is wide, with a 95th-percentile move around ±21.2%. This is one of the higher-dispersion names in large-cap tech, and the option premiums going into its reports are correspondingly rich.
Does AMD beat its implied move?
This is the question that decides whether buying or selling premium has an edge. The implied move is what the options market prices in before the report; the actual move is what happens. AMD’s actual move has topped the implied move in about 63% of recent reports (10 of 16) — one of the highest beat rates we track. Put plainly: AMD has frequently moved more than the options market priced in.
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How AMD’s moves are distributed
The distribution is wide with a long right tail: the median is ±9.9%, four in five reports stay under ±14.4%, but the 95th-percentile outlier stretches to ±21.2%, with a high standard deviation around ±5.3%. Double-digit moves are the norm rather than the exception.
Recent AMD earnings
To make it concrete: AMD’s two most recent reports were textbook — a +21.2% surge and a −17.7% plunge, each more than double the ~8–9% implied move. The quarter before came in under implied, a reminder that even high-beat names aren’t one-way, but the overshoot tendency is clear.
IV rush and IV crush on AMD
Implied volatility spikes into the report (the IV rush) and collapses afterward (the IV crush). AMD’s frequent, large overshoots mean the crush has not reliably favored sellers — when the move beats the implied, long premium can still come out ahead despite it, which is the two-sided nature of holding options through earnings.
What AMD’s earnings data means for options
These figures are a reference point, not a signal. AMD has cleared its implied move in nearly two of every three reports (about 63%), and the ±21.2% 95th-percentile figure marks the realistic worst case any position would need to withstand. The practical use is to compare a given quarter’s live implied move against this history — and to understand how each structure behaves around that move: a straddle or strangle needs the actual move to exceed the implied to pay, while an iron condor or butterfly needs it to stay smaller. You can test any of them against AMD’s full history in the EarningsWatcher app rather than relying on a rule of thumb.
Frequently asked questions
How much does AMD move on earnings?
Over its last 16 earnings reports (roughly the past 10 years, as of June 2026), AMD's average earnings-day peak move was about plus or minus 10.7%, with a median near plus or minus 9.9%. Tail risk is high: the 95th-percentile move is about plus or minus 21.2%, so double-digit reactions are the norm.
Does AMD usually beat its implied move?
More often than not. AMD's actual move has topped its options-implied move in about 63% of recent reports (roughly 10 of 16) — one of the highest beat rates among large-cap tech. When AMD beats its implied move, it often does so by a wide margin, which has historically been favorable to premium buyers; the wide tail also means positions on either side carry significant risk.
What is AMD's implied move for earnings?
The implied move only firms up as an earnings date approaches, so there is no meaningful implied move far in advance. As a reference, AMD's recent reports have priced implied moves of roughly 8% to 9%. Check the live implied move in the EarningsWatcher app as the next report nears, and compare it to the plus or minus 10.7% historical average.
When does AMD report earnings?
AMD reports quarterly, after the market close (AMC), typically in late January or early February, late April or early May, late July or early August, and late October or early November. Confirm the exact upcoming date on a live earnings calendar before trading.