Semiconductor companies: revenue growth and operating margins

A comparison of NVIDIA, Broadcom, AMD, Intel and Qualcomm, using reported quarterly results from the summer 2026 earnings cycle.

Reviewed September 23, 2026 · USD · US GAAP · Quarter Chart calculations

How quickly did revenue grow?

NVIDIA had the highest year-over-year revenue growth in this five-company sample, followed by Broadcom. Qualcomm’s revenue declined. Each comparison uses the corresponding fiscal quarter a year earlier.

NVDA +105.9%
AVGO +85.5%
AMD +50.1%
INTC +25.4%
QCOM -4.0%
Revenue growth versus the same fiscal quarter last year. All bars use the same scale, with zero at the divider. Exact periods and values appear below.

Reported quarterly results

These fiscal quarters end between June 27 and August 2, 2026. They overlap but do not cover identical dates. Revenue includes each company’s entire consolidated business, including software or licensing where applicable.

Revenue in billions of USD; margins calculated from GAAP operating income.
CompanyFiscal quarterQuarter endedRevenueRevenue YoYOperating margin
NVIDIAQ2 FY20272026-07-26$96.22B+105.9%66.2%
BroadcomQ3 FY20262026-08-02$29.59B+85.5%53.9%
Advanced Micro DevicesQ2 FY20262026-06-27$11.54B+50.1%17.3%
IntelQ2 FY20262026-06-27$16.13B+25.4%11.1%
QualcommQ3 FY20262026-06-28$9.95B-4.0%16.3%

What the comparison tells you

Growth measures the change in sales; operating margin measures how much of those sales remains after operating costs. A company can grow quickly while retaining a smaller share of revenue as operating profit.

This is a selected sample, not a sector index or an investment ranking. Business mix, acquisitions, manufacturing costs and fiscal calendars affect comparability. GAAP results include charges that management may exclude from adjusted figures.

The comparison is a dated snapshot. Company pages may show newer results; the comparison is updated after the next set of issuer reports has been reviewed.

How we calculate these figures

Revenue growth = (current quarterly revenue ÷ revenue in the corresponding prior-year quarter − 1) × 100. Operating margin = quarterly GAAP operating income ÷ quarterly revenue × 100. We calculate from the disclosed totals and round percentages to one decimal place.

Revenue totals are reported in USD millions in the underlying statements and converted to billions for display. Source documents and their table locations are available under Sources & methodology in the footer.