Intel income statement
In fiscal 2025, Intel reported revenue of $52.85bn, down 0.5% on the year before, operating income of −$2.21bn (a -4.2% margin) and net income of −$267m, or −$0.06 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35.1 | 43.6 | 54.0 | 53.3 | 52.7 | 55.9 | 55.4 | 59.4 | 62.8 | 70.8 | 72.0 | 77.9 | 79.0 | 63.1 | 54.2 | 53.1 | 52.9 | 59.9 |
| Cost of revenue | 15.6 | 15.1 | 20.2 | 20.2 | 21.2 | 20.3 | 20.7 | 23.2 | 23.7 | 27.1 | 29.8 | 34.3 | 35.2 | 36.2 | 32.5 | 35.8 | 34.5 | 36.0 |
| Gross profit | 19.6 | 28.5 | 33.8 | 33.2 | 31.5 | 35.6 | 34.7 | 36.2 | 39.1 | 43.7 | 42.1 | 43.6 | 43.8 | 26.9 | 21.7 | 17.3 | 18.4 | 23.9 |
| Research and development | 5.7 | 6.6 | 8.4 | 10.1 | 10.6 | 11.5 | 12.1 | 12.7 | 13.0 | 13.5 | 13.4 | 13.6 | 15.2 | 17.5 | 16.0 | 16.5 | 13.8 | 13.5 |
| Selling, general and administrative | 7.9 | 6.3 | 7.7 | 8.1 | 8.1 | 8.1 | 7.9 | 8.4 | 7.5 | 7.0 | 6.4 | 6.2 | 6.5 | 7.0 | 5.6 | 5.5 | 4.6 | 4.4 |
| Operating income | 5.7 | 15.6 | 17.5 | 14.6 | 12.3 | 15.3 | 14.0 | 13.1 | 18.1 | 23.3 | 22.0 | 23.7 | 19.5 | 2.3 | 0.1 | −11.7 | −2.2 | 1.8 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 0.3 | 0.7 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.5 | 0.9 | 1.0 | 1.1 | 1.2 |
| Income before tax | 5.7 | 16.0 | 17.8 | 14.9 | 12.6 | 15.8 | 14.2 | 12.9 | 20.4 | 23.3 | 24.1 | 25.1 | 21.7 | 7.8 | 0.8 | −11.2 | 1.6 | −10.4 |
| Income tax | — | — | 4.8 | 3.9 | 3.0 | 4.1 | 2.8 | 2.6 | 10.8 | 2.3 | 3.0 | 4.2 | 1.8 | −0.2 | −0.9 | 8.0 | 1.5 | 1.5 |
| Net income | 4.4 | 11.5 | 12.9 | 11.0 | 9.6 | 11.7 | 11.4 | 10.3 | 9.6 | 21.1 | 21.0 | 20.9 | 19.9 | 8.0 | 1.7 | −18.8 | −0.3 | −12.0 |
| Diluted EPS | $0.77 | $2.01 | $2.39 | $2.13 | $1.89 | $2.31 | $2.33 | $2.12 | $1.99 | $4.48 | $4.71 | $4.94 | $4.86 | $1.94 | $0.40 | −$4.38 | −$0.06 | −$2.36 |
| Diluted shares (average) | 5,645m | 5,696m | 5,411m | 5,160m | 5,097m | 5,056m | 4,894m | 4,875m | 4,835m | 4,701m | 4,473m | 4,232m | 4,090m | 4,123m | 4,212m | 4,280m | 4,530m | 5,093m |
| EBITDA | 10.5 | 20.0 | 22.6 | 21.0 | 19.1 | 22.7 | 14.3 | 13.4 | 18.2 | 23.5 | 22.2 | 34.2 | 29.4 | 13.5 | 7.9 | −1.7 | 8.5 | 13.5 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.3 | 12.7 | 12.9 | 13.7 | 13.7 | 13.6 | 16.1 | 16.5 |
| Cost of revenue | 8.7 | 8.0 | 9.3 | 8.4 | 8.7 | 8.2 | 9.6 | 9.4 |
| Gross profit | 5.6 | 4.7 | 3.5 | 5.2 | 4.9 | 5.3 | 6.5 | 7.1 |
| Research and development | 3.9 | 3.6 | 3.7 | 3.2 | 3.2 | 3.4 | 3.4 | 3.5 |
| Selling, general and administrative | 1.2 | 1.2 | 1.1 | 1.1 | 1.2 | 1.0 | 1.2 | 1.0 |
| Operating income | 0.4 | −0.3 | −3.2 | 0.7 | 0.6 | −3.1 | 1.8 | 2.5 |
| Interest expense | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Income before tax | 0.6 | −0.6 | −2.8 | 4.6 | 0.3 | −3.9 | −10.8 | 4.0 |
| Income tax | 0.8 | 0.3 | 0.3 | 0.3 | 0.7 | 0.3 | 0.0 | 0.5 |
| Net income | −0.1 | −0.8 | −2.9 | 4.1 | −0.6 | −3.7 | −11.0 | 3.3 |
| Diluted EPS | −$0.01 | −$0.19 | −$0.67 | $0.90 | −$0.13 | −$0.73 | −$2.16 | $0.60 |
| EBITDA | 2.7 | 2.1 | −0.4 | 3.4 | 3.4 | −0.2 | 4.8 | 5.6 |
Compare with peers
- Qualcomm income statement
- Advanced Micro Devices income statement
- Broadcom income statement
- Taiwan Semiconductor Manufacturing Co LTD income statement
- Micron Technology income statement
Head to head: INTC vs QCOMAMD vs INTCAVGO vs INTCINTC vs TSM
More: Semiconductors stocks compared, Technology sector, rankings of US companies