INTEL CORPORATION (INTC) FY2024 Annual P&L / Income Statement

INTEL CORPORATION (INTC) FY2024 Annual P&L / Income Statement

Income statement for 2023-12-31 through 2024-12-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue

53,101,000,000 US dollars

Cost of sales

35,756,000,000 US dollars

Gross margin

17,345,000,000 US dollars

Operating expenses

29,023,000,000 US dollars

Operating income (loss)

negative 11,678,000,000 US dollars

Other income (expense), net (calculated)

468,000,000 US dollars

Income (loss) before taxes

negative 11,210,000,000 US dollars

Provision for (benefit from) taxes

8,023,000,000 US dollars

Net income (loss)

negative 19,233,000,000 US dollars

Client Computing Group

30,290,000,000 US dollars

Datacenter and AI

12,817,000,000 US dollars

Network and Edge

5,842,000,000 US dollars

Intel Foundry

17,543,000,000 US dollars

All Other

3,824,000,000 US dollars

Research and development

16,546,000,000 US dollars

Marketing, general, and administrative

5,507,000,000 US dollars

Restructuring and other charges

6,970,000,000 US dollars

Revenue before reconciliation (calculated)

70,316,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Intersegment Eliminations

negative 17,215,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to INTEL CORPORATION: −$18.76 B; to noncontrolling interests: −$477.00 M.