Intel Corp.

INTC ·Technology, Semiconductors, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $52.86B $53.09B $54.24B $63.11B $79.03B $77.88B $71.97B $70.86B
Client Computing Group / PC Client $32.23B $30.29B $29.26B $31.71B $40.53B $40.10B $37.10B $36.98B
Data Center & AI / DCG $16.92B $12.82B $15.52B $19.17B $22.75B $26.09B $23.48B $22.99B
Intel Foundry $17.83B $17.54B $952.0M $0 $0 $0 $0 $0
Network & Edge / IOTG $0 $5.84B $5.77B $8.91B $5.45B $4.89B $4.25B $3.79B
Software & Services / Mobileye / Other $3.56B $3.82B $2.74B $3.31B $10.30B $6.80B $7.14B $7.09B
Intersegment Eliminations $-17.68B $-17.22B $0 $0 $0 $0 $0 $0
Cost of Revenue $34.48B $35.76B $32.52B $36.19B $35.21B $34.26B $29.83B $27.11B
Gross Profit $18.38B $17.35B $21.71B $26.87B $43.82B $43.61B $42.14B $43.74B
Gross Margin 34.8% 32.7% 40.0% 42.6% 55.4% 56.0% 58.6% 61.7%
Operating Expenses
Research & Development $13.77B $16.55B $16.05B $17.53B $15.19B $13.56B $13.36B $13.54B
SG&A Expense $4.62B $5.51B $5.63B $7.00B $6.54B $6.18B $6.35B $6.95B
Operating Income $-2.21B $-11.68B $93.0M $2.33B $19.46B $23.68B $22.04B $23.32B
Operating Margin -4.2% -22.0% 0.2% 3.7% 24.6% 30.4% 30.6% 32.9%
Interest Expense — — $878.0M $496.0M $597.0M $629.0M $489.0M $468.0M
Pretax Income $1.56B $-11.21B $762.0M $7.77B $21.70B $25.08B $24.06B $23.32B
Income Tax Expense $1.53B $8.02B $-913.0M $-249.0M $1.84B $4.18B $3.01B $2.26B
Net Income $-267.0M $-18.76B $1.69B $8.01B $19.87B $20.90B $21.05B $21.05B
Net Margin -0.5% -35.3% 3.1% 12.7% 25.1% 26.8% 29.2% 29.7%
EPS (Basic) $-0.06 $-4.38 $0.40 $1.95 $4.89 $4.98 $4.77 $4.57
EPS (Diluted) $-0.06 $-4.38 $0.40 $1.94 $4.86 $4.94 $4.71 $4.48
Shares Outstanding (Basic) 4.53B 4.28B 4.19B 4.11B 4.06B 4.20B 4.42B 4.61B
Shares Outstanding (Diluted) 4.53B 4.28B 4.21B 4.12B 4.09B 4.23B 4.47B 4.70B
Dividends Per Share — $0.38 $0.74 $1.46 — — — —
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