Comprehensive clinical studies of patients with acute megakaryoblastic leukemia (AMKL) are lacking. We performed an international retrospective study on 490 patients (age £18 years) with non-Down syndrome de novo AMKL diagnosed from 1989 to 2009. Patients with AMKL (median age 1.53 years) comprised 7.8% of pediatric AML. Five-year event-free (EFS) and overall survival (OS) were 43.7% 6 2.7% and 49.0% 6 2.7%, respectively. Patients diagnosed in 2000 to 2009 were treated with higher cytarabine doses and had better EFS (P 5 .037) and OS (P 5 .003) than those diagnosed in 1989 to 1999. Transplantation in first remission did not improve survival. Cytogenetic data were available for 372 (75.9%) patients: hypodiploid (n 5 18, 4.8%), normal karyotype (n 5 49, 13.2%), pseudodiploid (n 5 119, 32.0%), 47 to 50 chromosomes (n 5 142, 38.2%), and >50 chromosomes (n 5 44, 11.8%). Chromosome gain occurred in 195 of 372 (52.4%) patients: 121 (n 5 106, 28.5%), 119 (n 5 93, 25.0%), 18 (n 5 77, 20.7%). Losses occurred in 65 patients (17.5%): -7 (n 5 13, 3.5%). Common structural chromosomal aberrations were t(1;22)(p13;q13) (n 5 51, 13.7%) and 11q23 rearrangements (n 5 38, 10.2%); t(9;11)(p22; q23) occurred in 21 patients. On the basis of frequency and prognosis, AMKL can be classified to 3 risk groups: good risk-7p abnormalities; poor risk-normal karyotypes, -7, 9p abnormalities including t(9;11)(p22;q23)/MLL-MLLT3, -13/13q-, and -15; and intermediate risk-others including t(1;22)(p13;q13)/OTT-MAL (RBM15-MKL1) and 11q23/MLL except t(9;11). Risk-based innovative therapy is needed to improve patient outcomes. (Blood. 2015;126(13):1575-1584