Intel Corporation logo

Intel Corporation

INTC
Q3 2025

Revenue

$14B

+6%

Net Income

$4B

-241%
INTC
Technology
Semiconductors

Intel Corporation

CIK: 0000050863

Intel Corporation logo

Next Earnings Report

Estimated based on historical filing patterns

Mon, May 11, 2026
Estimated
10-Q
FQ1 2026

This date is an estimate based on the company's typical quarterly filing schedule. The actual filing date may vary.

Earnings Analysis

Analyzed 11 of 12 reports

Performance Summary - Q3 2025
neutral
maintained

Revenue
$13.7B
QoQ:+6.2%
YoY:+2.8%
Net Income
$4.3B
QoQ:-241.2%
YoY:-125.1%
Peer Comparison
Tech
(26 peers)
Peers: AAPL, MSFT, GOOGL, AMZN, META, TSLA, NVDA, SNOW, PLTR, NET, CRWD, DDOG, ZS, OKTA, MDB, TEAM, U, RBLX, AMD, QCOM, AVGO, COIN, HOOD, CORZ, DOCN, IONQ
Analyze peer companies to see comparative metrics here

Financial Performance Trend

Sentiment:
bear
neut
bear
bear
neut
bear
bear
bear
bear
bear
neut
Guidance:
lowered
maintain
maintain
maintain
maintain
lowered
lowered
lowered
maintain
lowered
maintain

Overall Analysis & Outlook

Over the past 5 quarters, Intel Corporation has been showing bearish trends with several guidance cuts. Revenue has grown 16.5% during this period. The latest quarter shows neutral sentiment with cautious tone from management.

Latest Quarter Highlights:

Intel delivered a profitable quarter with $13.7B revenue and $4.3B net income, driven by continued restructuring efforts and strategic partnerships. The company is focusing on core businesses while reducing expenses and investing in AI and foundry capabilities.

Detailed Quarterly Reports

In-depth analysis of each quarter's earnings filing

Q3 2025

10-Q • Filed 11/6/2025

neutral

Summary

Intel delivered a profitable quarter with $13.7B revenue and $4.3B net income, driven by continued restructuring efforts and strategic partnerships. The company is focusing on core businesses while reducing expenses and investing in AI and foundry capabilities.

Revenue

$13.65B

Net Income

$4.27B

Guidance

maintained

Tone

cautious

Capex

$11.16B

Partnerships

SoftBank Group share sale
NVIDIA share sale
U.S. Department of Commerce CHIPS Act agreement

Key Quotes

"We continue to evaluate the impact of the Act's provisions that take effect in future years"

"This initiative is intended to lower expenses, streamline our organizational structure and reduce management layers"

Q2 2025

10-Q • Filed 7/24/2025

bearish

Summary

Intel continues to face significant challenges with a substantial quarterly net loss, ongoing restructuring efforts, and strategic shifts in its manufacturing and foundry models. The company is reducing headcount, investing heavily in capex, and navigating complex regulatory and technological landscapes.

Revenue

$12.86B

Net Income

$-3,024M

Guidance

lowered

Tone

cautious

Capex

$8.73B

Partnerships

Apollo
Brookfield

Key Quotes

"This initiative is intended to lower expenses, streamline our organizational structure and reduce management layers across functions"

"We are investing in and deploying manufacturing assets in response to manufacturing capacity requirements"

"We anticipate certain construction delays in the near term"

Q1 2025

10-Q • Filed 4/25/2025

bearish

Summary

Intel continues to face significant challenges with another quarterly loss, ongoing restructuring efforts, and strategic shifts in its business model. The company is investing heavily in manufacturing capacity and AI while simultaneously reducing operating expenses.

Revenue

$12.67B

Net Income

$-887M

Guidance

maintained

Tone

cautious

Capex

$5.18B

Partnerships

Apollo
Brookfield

Key Quotes

"We are committed to our IDM strategy, Smart Capital strategy, and internal foundry model"

"Cost reduction and capital efficiency remain our primary focus"

"We continue to invest in next-generation products and AI technologies"

Q4 2024

10-K • Filed 1/31/2025

bearish

Summary

Intel experienced a challenging year with a significant net loss, revenue decline, and restructuring efforts. The company is pivoting towards AI and foundry services while reducing headcount and managing complex macroeconomic and competitive pressures.

Revenue

$14.26B

Net Income

$-209M

Guidance

lowered

Tone

negative

Capex

$25.10B

Partnerships

UMC collaboration for 12nm foundry process
CHIPS Act government incentive arrangements

Key Quotes

"We are making significant, long-term and inherently risky investments in R&D and manufacturing facilities that may not realize a favorable return."

"We expect to continue to benefit from government incentives, though recent US government actions create uncertainty"

"To the extent we are unable to compete effectively, or if our foundry strategy is unsuccessful, our financial results will be adversely affected"

Q3 2024

10-Q • Filed 11/1/2024

bearish

Summary

Intel reported a challenging quarter with significant non-cash impairments and restructuring charges, resulting in a substantial net loss. The company is aggressively reducing costs, launching new AI solutions, and restructuring its foundry business to improve performance.

Revenue

$13.28B

Net Income

$-16,989M

Guidance

lowered

Tone

cautious

Capex

$18.11B

Partnerships

Apollo Global Management semiconductor co-investment
Brookfield partnership
CHIPS Act funding

Key Quotes

"We continued to advance our previously-announced cost-reduction measures by effectuating the 2024 Restructuring Plan"

"We announced our intention to establish Intel Foundry as an independent subsidiary"

"We launched our latest family of x86 processors, the Intel Core Ultra 200V series processors"

Q2 2024

10-Q • Filed 8/2/2024

bearish

Summary

Intel reported a challenging quarter with revenue declining 1% to $12.8 billion and a net loss of $1.654 billion. The company is implementing cost-reduction measures, including headcount reductions, and facing competitive pressures in the data center and AI markets.

Revenue

$12.83B

Net Income

$-1,654M

Guidance

lowered

Tone

cautious

Capex

$11.65B

Partnerships

Apollo Global Management investment in Fab 34
Semiconductor Co-Investment Program (SCIP)

Key Quotes

"We announced the planned implementation of cost-reduction measures, including reductions in headcount, other operating expenditures, capital expenditures, and cost of sales."

"These initiatives are designed to accelerate profitable growth, enable further operational efficiency and agility, and create capacity for sustained investment in technology and manufacturing leadership."

Q1 2024

10-Q • Filed 4/26/2024

neutral

Summary

Intel's Q1 2024 results show signs of stabilization with revenue up 9% YoY, driven by notebook and desktop volume normalization. The company continues strategic repositioning with Intel Foundry and AI investments while managing restructuring and legal challenges.

Revenue

$12.72B

Net Income

$-381M

Guidance

maintained

Tone

cautiously optimistic

Capex

$5.97B

Partnerships

U.S. Department of Commerce CHIPS Act funding
Brookfield Asset Management semiconductor co-investment

Key Quotes

"We launched Intel Foundry as a more sustainable systems foundry business designed for the AI era"

"Higher CCG revenue. Higher GAAP gross margin from higher revenue and lower period charges"

Q4 2023

10-K • Filed 1/26/2024

bearish

Summary

Intel faced challenging market conditions in 2023 with significant revenue decline and profitability pressures. The company is investing heavily in process technology, AI capabilities, and foundry services while managing cost reductions and strategic repositioning.

Revenue

$29.55B

Net Income

$2.96B

Guidance

maintained

Tone

cautious

Capex

$25.80B

Partnerships

Microsoft AI collaboration
ARM technology agreement
Synopsys IP development

Key Quotes

"We are committed to advancing PC experiences by delivering an annual cadence of leadership products"

"AI PC represents a critical inflection point for the PC market"

"We expect to deliver more than 230 Intel Core Ultra designs to market"

Q3 2023

10-Q • Filed 10/27/2023

bearish

Summary

Intel faced revenue challenges in Q3 2023 with an 8% decline, driven by softness in desktop, notebook, and data center markets. Despite cost-cutting efforts and restructuring, the company continues to navigate complex industry dynamics and regulatory challenges.

Revenue

$14.158M

Net Income

$0.297M

Guidance

maintained

Tone

cautious

Capex

$19.054M

Partnerships

Commercial agreement with Tower for foundry services
Partnership with Brookfield for Arizona fab

Key Quotes

"Our Ireland fab began high-volume production of Intel 4 technology."

"We announced our upcoming Intel® Core™ Ultra processors, featuring our first integrated neural processing unit."

Q2 2023

10-Q • Filed 7/28/2023

neutral

Summary

Intel reported a challenging quarter with revenue down 15% YoY, driven by softening demand in notebook and desktop markets. The company is focusing on AI strategy, manufacturing expansion, and cost-cutting measures while navigating market uncertainties.

Revenue

$12.95B

Net Income

$1.48B

Guidance

maintained

Tone

cautious

Capex

$13.30B

Partnerships

Brookfield Asset Management semiconductor co-investment program
Potential Tower Semiconductor acquisition

Key Quotes

"An important part of our AI strategy is to democratize AI – scaling it and making it ubiquitous across the full continuum of workloads and usage models."

"We announced plans to expand our manufacturing capacity... These investments further our IDM 2.0 strategy"

Q1 2023

10-Q • Filed 4/28/2023

bearish

Summary

Intel faced significant revenue and profitability challenges in Q1 2023, with a 36% revenue decline driven by weak demand in client computing, data center, and networking segments. The company is experiencing macroeconomic headwinds, inventory corrections, and softening market conditions across multiple business units.

Revenue

$11.71B

Net Income

$-2,768M

Guidance

lowered

Tone

cautious

Capex

$7.41B

Partnerships

Arm multigeneration agreement for low-power compute SoCs

Key Quotes

"Q1 2023 results were impacted by an uncertain macroeconomic environment, with slowing consumer and enterprise demand, persistent inflation, and higher interest rates"

"We believe CCG, DCAI, and NEX customers, among others, tempered purchases to reduce their existing inventories and adjust to the macroeconomic uncertainty"

Sector Comparison

How INTC performs vs Technology sector and Semiconductors peers

Sector Ranking (Technology)

#4of 14

Category Ranking (Semiconductors)

#2of 3

Key Metrics vs Averages

Revenue (Quarterly)
49% below avg

INTC

$13,653M

Semiconductors Avg

$26,635M

Technology Avg

$13,544.666M

Overall Sentiment
neutral

Guidance: maintained • Tone: cautious