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

- Company: INTEL CORPORATION (INTC)
- Period: 2023-12-31 to 2024-12-28
- Filing: FY2024 10-K, filed 2025-01-31, accession number 0000050863-25-000009
- Page: https://plicit.ai/financials/intc/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/intc-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/intc/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/intc-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2023-12-31 through 2024-12-28. View: Geography. 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
- **China**: 15,532,000,000 US dollars
- **SINGAPORE**: 10,187,000,000 US dollars
- **UNITED STATES**: 12,994,000,000 US dollars
- **TAIWAN**: 7,804,000,000 US dollars
- **Other regions**: 6,584,000,000 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

### 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.
- Of which attributable to INTEL CORPORATION: −$18.76 B; to noncontrolling interests: −$477.00 M.