NASDAQ : INTC
Intel Corporation — Financial statements
Technology · Semiconductors · United States
Last price 92.07 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 483.78B
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Financial statements
Intel Corporation (INTC) reported revenue of 59.89B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 59.89B | 52.85B | 53.10B | 54.23B | 63.05B | 79.02B |
| Cost of Revenue | 35.84B | 33.53B | 32.46B | 32.52B | 34.61B | 35.21B |
| Gross Profit | 24.05B | 19.32B | 20.64B | 21.71B | 28.45B | 43.81B |
| Selling, General & Admin | 4.42B | 4.62B | 5.51B | 5.63B | 7.00B | 6.54B |
| Research & Development | 13.45B | 13.77B | 16.55B | 16.05B | 17.53B | 15.19B |
| Operating Expenses | 17.87B | 18.40B | 22.05B | 21.68B | 24.53B | 21.73B |
| Operating Income | 6.18B | 927.00M | -1.41B | 31.00M | 3.92B | 22.08B |
| Interest Expense | -1.19B | -1.09B | -1.03B | -878.00M | -496.00M | -597.00M |
| Interest & Investment Income | 1.45B | 1.01B | 1.80B | 1.33B | 589.00M | 144.00M |
| Currency Exchange Gain (Loss) | 619.00M | 261.00M | 651.00M | 106.00M | 1.49B | 677.00M |
| Other Non Operating Income (Expenses) | -2.48B | -2.47B | -1.20B | 66.00M | -419.00M | -706.00M |
| EBT Excluding Unusual Items | 4.58B | -1.37B | -1.18B | 660.00M | 5.08B | 21.60B |
| Merger & Restructuring Charges | -1.26B | -3.14B | -6.43B | -222.00M | -3.10B | -286.00M |
| Impairment of Goodwill | -3.90B | -2.98B | ||||
| Gain (Loss) on Sale of Investments | -10.80B | 514.00M | 242.00M | 40.00M | 4.27B | 2.73B |
| Gain (Loss) on Sale of Assets | 198.00M | 5.55B | ||||
| Asset Writedown | 752.00M | -45.00M | -151.00M | -49.00M | ||
| Legal Settlements | -8.00M | -858.00M | 329.00M | 1.19B | -2.29B | |
| Pretax Income | -10.45B | 1.56B | -11.21B | 762.00M | 7.77B | 21.70B |
| Income Tax Expense | 1.50B | 1.53B | 8.02B | -913.00M | -249.00M | 1.83B |
| Earnings From Continuing Operations | -11.94B | 26.00M | -19.23B | 1.68B | 8.02B | 19.87B |
| Minority Interest in Earnings | -90.00M | -293.00M | 477.00M | 14.00M | -3.00M | |
| Net Income | -12.03B | -267.00M | -18.76B | 1.69B | 8.01B | 19.87B |
| Net Income to Common | -12.03B | -267.00M | -18.76B | 1.69B | 8.01B | 19.87B |
| Shares Outstanding (Basic) | 5.07B | 4.53B | 4.28B | 4.19B | 4.11B | 4.06B |
| Shares Outstanding (Diluted) | 5.07B | 4.53B | 4.28B | 4.21B | 4.12B | 4.09B |
| EPS (Basic) | -2.37 | -0.06 | -4.38 | 0.40 | 1.95 | 4.89 |
| EPS (Diluted) | -2.37 | -0.06 | -4.38 | 0.40 | 1.94 | 4.86 |
| Free Cash Flow | 3.77B | -4.95B | -15.66B | -14.28B | -9.41B | 9.13B |
| Free Cash Flow Per Share | 0.74 | -1.09 | -3.66 | -3.39 | -2.28 | 2.23 |
| Dividend Per Share | 0.38 | 0.74 | 1.46 | 1.39 | ||
| Gross Margin | 40.15% | 36.56% | 38.88% | 40.04% | 45.11% | 55.45% |
| Operating Margin | 10.32% | 1.75% | -2.65% | 0.06% | 6.21% | 27.94% |
| Profit Margin | -20.09% | -0.51% | -35.32% | 3.12% | 12.71% | 25.14% |
| Free Cash Flow Margin | 6.29% | -9.36% | -29.48% | -26.33% | -14.92% | 11.55% |
| EBITDA | 19.14B | 12.63B | 9.97B | 9.63B | 16.95B | 33.87B |
| EBITDA Margin | 31.95% | 23.90% | 18.78% | 17.76% | 26.88% | 42.86% |
| D&A For EBITDA | 12.96B | 11.71B | 11.38B | 9.60B | 13.04B | 11.79B |
| EBIT | 6.18B | 927.00M | -1.41B | 31.00M | 3.92B | 22.08B |
| EBIT Margin | 10.32% | 1.75% | -2.65% | 0.06% | 6.21% | 27.94% |
| Effective Tax Rate | 98.33% | 8.46% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 21.85B | 14.27B | 8.25B | 7.08B | 11.14B | 4.83B |
| Short-Term Investments | 32.16B | 23.15B | 13.81B | 17.95B | 17.19B | 24.43B |
| Cash & Short-Term Investments | 54.01B | 37.42B | 22.06B | 25.03B | 28.34B | 29.25B |
| Accounts Receivable | 4.09B | 3.84B | 3.48B | 3.40B | 4.13B | 9.46B |
| Other Receivables | 7.40B | 5.83B | 285.00M | 271.00M | 23.00M | |
| Receivables | 11.49B | 3.84B | 9.31B | 3.69B | 4.46B | 9.63B |
| Inventory | 13.07B | 11.62B | 12.20B | 11.13B | 13.22B | 10.78B |
| Other Current Assets | 4.01B | 10.81B | 3.76B | 3.42B | 4.39B | 8.90B |
| Total Current Assets | 82.57B | 63.69B | 47.32B | 43.27B | 50.41B | 58.56B |
| Property, Plant & Equipment | 105.31B | 105.83B | 108.38B | 97.15B | 80.86B | 63.24B |
| Long-Term Investments | 8.80B | 8.51B | 5.38B | 5.83B | 5.91B | 6.30B |
| Goodwill | 20.46B | 23.91B | 24.69B | 27.59B | 27.59B | 26.96B |
| Other Intangible Assets | 2.44B | 2.77B | 3.69B | 4.59B | 6.02B | 7.27B |
| Long-Term Deferred Tax Assets | 570.00M | 603.00M | 5.46B | 3.45B | 874.00M | |
| Other Long-Term Assets | 8.98B | 6.14B | 6.42B | 7.68B | 7.87B | 5.14B |
| Total Assets | 228.57B | 211.43B | 196.49B | 191.57B | 182.10B | 168.41B |
| Accounts Payable | 8.83B | 9.88B | 12.56B | 8.58B | 9.60B | 5.75B |
| Accrued Expenses | 15.46B | 16.04B | 16.75B | 15.30B | 15.26B | 14.53B |
| Short-Term Debt | 3.94B | |||||
| Current Portion of Long-Term Debt | 3.82B | 2.50B | 3.73B | 2.29B | 435.00M | 4.66B |
| Current Portion of Leases | 206.00M | 181.00M | 142.00M | |||
| Current Income Taxes Payable | 604.00M | 1.76B | 1.11B | 2.25B | 1.08B | |
| Other Current Liabilities | 9.29B | 2.34B | 696.00M | 640.00M | 673.00M | 1.46B |
| Total Current Liabilities | 37.40B | 31.57B | 35.67B | 28.05B | 32.16B | 27.46B |
| Long-Term Debt | 46.32B | 44.09B | 46.28B | 46.98B | 37.68B | 33.51B |
| Long-Term Leases | 318.00M | 279.00M | 289.00M | |||
| Pension & Post-Retirement Benefits | 664.00M | 632.00M | 675.00M | 649.00M | 1.64B | |
| Long-Term Deferred Tax Liabilities | 202.00M | 2.67B | ||||
| Other Long-Term Liabilities | 13.30B | 8.43B | 8.59B | 5.61B | 8.13B | 7.74B |
| Total Liabilities | 97.02B | 85.07B | 91.45B | 81.61B | 78.82B | 73.02B |
| Common Stock | 78.18B | 65.19B | 50.95B | 36.65B | 31.58B | 28.01B |
| Retained Earnings | 36.97B | 48.98B | 49.03B | 69.16B | 70.41B | 68.27B |
| Comprehensive Income & Other | -232.00M | 113.00M | -711.00M | -215.00M | -562.00M | -880.00M |
| Total Common Equity | 114.91B | 114.28B | 99.27B | 105.59B | 101.42B | 95.39B |
| Minority Interest | 16.64B | 12.08B | 5.76B | 4.38B | 1.86B | |
| Shareholders' Equity | 131.56B | 126.36B | 105.03B | 109.97B | 103.29B | 95.39B |
| Total Liabilities & Equity | 228.57B | 211.43B | 196.49B | 191.57B | 182.10B | 168.41B |
| Total Debt | 50.13B | 47.11B | 50.47B | 49.70B | 42.06B | 38.17B |
| Net Cash (Debt) | 4.18B | -9.21B | -27.56B | -23.47B | -12.38B | -6.74B |
| Net Cash Per Share | 0.82 | -2.03 | -6.44 | -5.57 | -3.00 | -1.65 |
| Filing Date Shares Outstanding | 5.32B | 5.00B | 4.33B | 4.23B | 4.14B | 4.07B |
| Total Common Shares Outstanding | 5.31B | 4.99B | 4.33B | 4.23B | 4.14B | 4.07B |
| Working Capital | 45.18B | 32.11B | 11.66B | 15.22B | 18.25B | 31.10B |
| Book Value Per Share | 21.64 | 22.88 | 22.93 | 24.97 | 24.52 | 23.44 |
| Tangible Book Value | 92.00B | 87.60B | 70.89B | 73.41B | 67.81B | 61.16B |
| Tangible Book Value Per Share | 17.33 | 17.54 | 16.37 | 17.36 | 16.39 | 15.03 |
| Land | 65.39B | 56.54B | 51.18B | 44.81B | 40.04B | |
| Machinery | 111.94B | 103.15B | 100.03B | 92.71B | 86.95B | |
| Construction In Progress | 34.54B | 50.42B | 43.44B | 36.73B | 21.55B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -12.03B | -267.00M | -18.76B | 1.69B | 8.01B | 19.87B |
| Depreciation & Amortization | 12.96B | 11.71B | 11.38B | 9.60B | 13.04B | 11.79B |
| Loss (Gain) From Sale of Assets | 50.00M | -5.32B | -1.06B | |||
| Asset Writedown & Restructuring Costs | 4.05B | 1.11B | 4.88B | -62.00M | 2.56B | 335.00M |
| Loss (Gain) From Sale of Investments | -122.00M | -514.00M | -246.00M | -42.00M | -4.25B | |
| Loss (Gain) on Equity Investments | -1.46B | |||||
| Stock-Based Compensation | 2.43B | 2.43B | 3.41B | 3.23B | 3.13B | 2.04B |
| Other Operating Activities | 12.95B | 2.30B | 6.51B | -2.38B | -6.33B | 2.29B |
| Change in Accounts Receivable | -892.00M | -449.00M | -75.00M | 731.00M | 5.33B | -2.67B |
| Change in Inventory | -1.58B | -138.00M | -1.10B | 2.10B | -2.44B | -2.34B |
| Change in Accounts Payable | 1.40B | 297.00M | 634.00M | -801.00M | -29.00M | 1.19B |
| Change in Unearned Revenue | -1.58B | |||||
| Change in Income Taxes | -204.00M | -995.00M | -356.00M | -1.50B | 613.00M | -441.00M |
| Change in Other Net Operating Assets | -1.54B | -462.00M | 2.00B | -1.10B | -3.14B | 439.00M |
| Operating Cash Flow | 17.47B | 9.70B | 8.29B | 11.47B | 15.43B | 29.46B |
| Capital Expenditures | -13.70B | -14.65B | -23.94B | -25.75B | -24.84B | -20.33B |
| Cash Acquisitions | -596.00M | -681.00M | ||||
| Divestitures | -29.00M | 6.16B | 6.58B | |||
| Investment in Securities | -12.54B | -8.26B | 4.57B | 135.00M | 10.04B | -5.29B |
| Other Investing Activities | 42.00M | 1.93B | 1.12B | 1.57B | -1.33B | 1.33B |
| Investing Cash Flow | -26.82B | -14.82B | -18.26B | -24.04B | -10.23B | -24.28B |
| Short-Term Debt Issued | 3.49B | 7.35B | 3.94B | |||
| Long-Term Debt Issued | 2.98B | 11.39B | 6.55B | 4.97B | ||
| Total Debt Issued | 13.00B | 3.49B | 10.32B | 11.39B | 10.49B | 4.97B |
| Short-Term Debt Repaid | -3.49B | -7.35B | -3.94B | |||
| Long-Term Debt Repaid | -3.75B | -2.29B | -423.00M | -4.98B | -2.50B | |
| Total Debt Repaid | -9.85B | -7.24B | -9.64B | -4.37B | -4.98B | -2.50B |
| Net Debt Issued (Repaid) | 3.15B | -3.75B | 687.00M | 7.02B | 5.51B | 2.47B |
| Issuance of Common Stock | 28.81B | 13.48B | 987.00M | 1.04B | 977.00M | 1.02B |
| Repurchase of Common Stock | -1.04B | -423.00M | -631.00M | -534.00M | -486.00M | -2.42B |
| Common Dividends Paid | -1.60B | -3.09B | -6.00B | -5.64B | ||
| Other Financing Activities | -10.31B | 2.28B | 11.69B | 4.06B | 1.11B | -1.65B |
| Financing Cash Flow | 20.61B | 11.59B | 11.14B | 8.51B | 1.11B | -6.21B |
| Net Cash Flow | 11.26B | 6.46B | 1.17B | -4.07B | 6.32B | -1.04B |
| Free Cash Flow | 3.77B | -4.95B | -15.66B | -14.28B | -9.41B | 9.13B |
| Free Cash Flow Margin | 6.29% | -9.36% | -29.48% | -26.33% | -14.92% | 11.55% |
| Free Cash Flow Per Share | 0.74 | -1.09 | -3.66 | -3.39 | -2.28 | 2.23 |
| Levered Free Cash Flow | 806.50M | -4.50B | -11.58B | -11.77B | 5.66B | 1.66B |
| Unlevered Free Cash Flow | 1.55B | -3.82B | -10.93B | -11.22B | 5.97B | 2.03B |
| Cash Interest Paid | 1.04B | 1.11B | 987.00M | 613.00M | 459.00M | 545.00M |
| Cash Income Tax Paid | 1.49B | 2.30B | 2.20B | 2.62B | 4.28B | 2.26B |
| Change in Working Capital | -2.81B | -1.75B | 1.10B | -569.00M | 339.00M | -5.41B |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 349.51B | 172.67B | 87.55B | 211.85B | 109.08B | 208.68B |
| Enterprise Value | 345.33B | 198.07B | 118.06B | 238.46B | 124.86B | 212.28B |
| Last Close Price | 65.76 | 36.20 | 20.30 | 49.59 | 25.49 | 47.59 |
| PE Ratio | 125.43 | 13.61 | 10.50 | |||
| Forward PE | 46.94 | 85.44 | 29.07 | 29.09 | 18.19 | 14.22 |
| PS Ratio | 5.84 | 3.27 | 1.65 | 3.91 | 1.73 | 2.64 |
| PB Ratio | 3.04 | 1.37 | 0.83 | 1.93 | 1.06 | 2.19 |
| P/TBV Ratio | 3.80 | 1.97 | 1.24 | 2.89 | 1.61 | 3.41 |
| P/FCF Ratio | 92.76 | 22.86 | ||||
| P/OCF Ratio | 20.00 | 17.81 | 10.56 | 18.47 | 7.07 | 7.08 |
| PEG Ratio | 0.62 | 4.92 | 1.15 | 6.42 | 17.16 | 8.63 |
| EV/Sales Ratio | 5.77 | 3.75 | 2.22 | 4.40 | 1.98 | 2.69 |
| EV/EBITDA Ratio | 18.05 | 15.68 | 11.84 | 24.75 | 7.37 | 6.27 |
| EV/EBIT Ratio | 55.89 | 213.67 | 7,692.35 | 31.88 | 9.61 | |
| EV/FCF Ratio | 91.65 | 23.26 | ||||
| Debt / Equity Ratio | 0.38 | 0.37 | 0.48 | 0.45 | 0.41 | 0.40 |
| Debt / EBITDA Ratio | 2.59 | 3.67 | 4.94 | 4.95 | 2.48 | 1.13 |
| Debt / FCF Ratio | 13.30 | 4.18 | ||||
| Net Debt / Equity Ratio | -0.03 | 0.07 | 0.26 | 0.21 | 0.12 | 0.07 |
| Net Debt / EBITDA Ratio | -0.22 | 0.73 | 2.76 | 2.44 | 0.73 | 0.20 |
| Net Debt / FCF Ratio | -1.11 | -1.86 | -1.76 | -1.64 | -1.32 | 0.74 |
| Asset Turnover | 0.28 | 0.26 | 0.27 | 0.29 | 0.36 | 0.49 |
| Inventory Turnover | 2.92 | 2.82 | 2.78 | 2.67 | 2.88 | 3.67 |
| Quick Ratio | 1.75 | 1.31 | 0.88 | 1.02 | 1.02 | 1.41 |
| Current Ratio | 2.21 | 2.02 | 1.33 | 1.54 | 1.57 | 2.13 |
| Return on Equity (ROE) | -9.62% | 0.02% | -17.89% | 1.57% | 8.07% | 22.52% |
| Return on Assets (ROA) | 1.78% | 0.28% | -0.45% | 0.01% | 1.40% | 8.59% |
| Return on Invested Capital (ROIC) | 4.91% | 0.01% | -1.05% | 0.03% | 3.54% | 20.42% |
| Return on Capital Employed (ROCE) | 3.20% | 0.50% | -0.90% | 0.00% | 2.60% | 15.70% |
| Earnings Yield | -3.61% | -0.15% | -21.42% | 0.80% | 7.35% | 9.52% |
| FCF Yield | 1.08% | -2.87% | -17.88% | -6.74% | -8.63% | 4.37% |
| Dividend Yield | 1.85% | 1.48% | 5.54% | 2.71% | ||
| Payout Ratio | 182.83% | 74.83% | 28.41% | |||
| Buyback Yield / Dilution | -15.09% | -5.84% | -1.61% | -2.16% | -0.81% | 3.36% |
| Total Shareholder Return | -15.09% | -5.84% | 0.24% | -0.68% | 4.73% | 6.07% |