Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally. It operates through three segments: CCG, DCAI, and Intel Foundry. The company offers client computing group products, including client and commercial CPUs, discrete client GPUs, edge computing, and connectivity products; data center and AI products, such as server CPUs, discrete GPUs, and networking products; and semiconductors comprising wafer fabrication, substrates, and other related products and services. It also provides driving assistance and self-driving solutions; and develops and manufactures multi-beam mask writing tools. The company sells its products through sales organizations, distributors, resellers, retailers, and OEM partners. It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers. Intel Corporation has a strategic collaboration with Infosys Limited to develop a multi-layer AI fabric that unifies infrastructure, models, data, applications, and workflows into a composable and agent-ready ecosystem. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $52.9B | $14.4B | $-267M | $-4.9B | -0.2% | -0.5% | -98.6% |
| 2024 | $53.1B | $1.2B | $-18.8B | $-15.7B | -18.9% | -2.1% | -1210.5% |
| 2023 | $54.2B | $11.2B | $1.7B | $-14.3B | 1.6% | -14.0% | -78.9% |
| 2022 | $63.1B | $21.3B | $8.0B | $-9.4B | 7.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 63,054 | 54,228 | 53,101 | 52,853 |
| Operating Revenue | - | 63,054 | 54,228 | 53,101 | 52,853 |
| Cost Of Revenue | - | 36,188 | 32,517 | 35,756 | 34,478 |
| Gross Profit | - | 26,866 | 21,711 | 17,345 | 18,375 |
| Operating Expense | - | 24,530 | 21,680 | 22,053 | 18,398 |
| Research And Development | - | 17,528 | 16,046 | 16,546 | 13,774 |
| Selling General And Administration | - | 7,002 | 5,634 | 5,507 | 4,624 |
| Total Expenses | - | 60,718 | 54,197 | 57,809 | 52,876 |
| Operating Income | - | 2,336 | 31 | -4,708 | -23 |
| Total Operating Income As Reported | - | 2,334 | 93 | -11,678 | -2,214 |
| EBITDA | - | 21,299 | 11,242 | 1,203 | 14,354 |
| Normalized EBITDA | - | 16,033 | 11,140 | 8,686 | 12,503 |
| EBIT | - | 8,264 | 1,640 | -10,176 | 2,648 |
| Interest Income | - | 589 | 1,335 | 1,805 | 1,007 |
| Interest Expense | - | 496 | 878 | 1,034 | 1,091 |
| Net Interest Income | - | 166 | 629 | 981 | -271 |
| Other Income Expense | - | 5,266 | 102 | -7,483 | 1,851 |
| Interest Income Non Operating | - | 589 | 1,335 | 1,805 | 1,007 |
| Interest Expense Non Operating | - | 496 | 878 | 1,034 | 1,091 |
| Net Non Operating Interest Income Expense | - | 166 | 629 | 981 | -271 |
| Pretax Income | - | 7,768 | 762 | -11,210 | 1,557 |
| Tax Provision | - | -249 | -913 | 8,023 | 1,531 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 1,105.86 | 21.42 | -1,571.43 | 388.71 |
| Net Income Continuous Operations | - | 8,017 | 1,675 | -19,233 | 26 |
| Net Income From Continuing And Discontinued Operation | - | 8,014 | 1,689 | -18,756 | -267 |
| Net Income From Continuing Operation Net Minority Interest | - | 8,014 | 1,689 | -18,756 | -267 |
| Net Income | - | 8,014 | 1,689 | -18,756 | -267 |
| Net Income Common Stockholders | - | 8,014 | 1,689 | -18,756 | -267 |
| Net Income Including Noncontrolling Interests | - | 8,017 | 1,675 | -19,233 | 26 |
| Normalized Income | - | 3,853.86 | 1,608.42 | -12,844.43 | -1,729.29 |
| Diluted NI Availto Com Stockholders | - | 8,014 | 1,689 | -18,756 | -267 |
| Basic Average Shares | - | 4,108 | 4,190 | 4,280 | 4,530 |
| Diluted Average Shares | - | 4,123 | 4,212 | 4,280 | 4,530 |
| Reconciled Depreciation | - | 13,035 | 9,602 | 11,379 | 11,706 |
| Reconciled Cost Of Revenue | - | 36,188 | 32,517 | 35,756 | 34,478 |
| Total Unusual Items | - | 5,266 | 102 | -7,483 | 1,851 |
| Total Unusual Items Excluding Goodwill | - | 5,266 | 102 | -7,483 | 1,851 |
| Minority Interests | - | -3 | 14 | 477 | -293 |
| Special Income Charges | - | 808 | -152 | -7,317 | 2,833 |
| Gain On Sale Of Business | - | 1,000 | 0 | 0 | 5,324 |
| Other Special Charges | - | -1,187 | -329 | 858 | -121 |
| Write Off | - | 341 | 259 | 3,978 | 822 |
| Restructuring And Mergern Acquisition | - | 1,038 | 222 | 2,481 | 1,790 |
| Gain On Sale Of Security | - | 4,458 | 254 | -166 | -982 |
| Total Other Finance Cost | - | -73 | -172 | -210 | 187 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Intel Corporationthis co. | INTC | $561.8B | - | 4.92 | -0.2% | 39.78 |
| Oracle Corporation | ORCL | $679.7B | 54.63 | 33.24 | 60.8% | 32.33 |
| ASML Holding N.V. | ASML | $677.4B | 70.49 | 34.54 | 49.0% | 53.29 |
| Cisco Systems, Inc. | CSCO | $512.4B | 50.33 | 10.94 | 21.7% | 33.82 |
| Lam Research Corporation | LRCX | $420.7B | 78.52 |
| - |
| - |
| - |
| - |
| - |
| 42.66 |
| 54.3% |
| 64.21 |
| Arm Holdings plc | ARM | $420.2B | 464.85 | 50.72 | 10.9% | 361.22 |
| Applied Materials, Inc. | AMAT | $398.3B | 56.92 | 19.51 | 34.3% | 39.91 |
| Palantir Technologies Inc. | PLTR | $339.7B | 209.04 | 45.98 | 22.0% | 235.05 |
| International Business Machines Corporation | IBM | $283.6B | 26.78 | 8.69 | 32.4% | 19.36 |
| Peer Median | - | 63.70 | 33.89 | 33.4% | 46.60 | |