# INTEL CORPORATION (INTC) FY2024 Q1 P&L / Income Statement

- Company: INTEL CORPORATION (INTC)
- Period: 2023-12-31 to 2024-03-30
- Filing: Q1 FY2024 10-Q, filed 2024-04-26, accession number 0000050863-24-000076
- Page: https://plicit.ai/financials/intc/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/intc-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2023-12-31 through 2024-03-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 12,724,000,000 US dollars
- **Cost of sales**: 7,507,000,000 US dollars
- **Gross margin**: 5,217,000,000 US dollars
- **Operating expenses**: 6,286,000,000 US dollars
- **Operating income (loss)**: negative 1,069,000,000 US dollars
- **Other income (expense), net (calculated)**: 350,000,000 US dollars
- **Income (loss) before taxes**: negative 719,000,000 US dollars
- **Provision for (benefit from) taxes**: negative 282,000,000 US dollars
- **Net income (loss)**: negative 437,000,000 US dollars
- **Altera**: 342,000,000 US dollars
- **Mobileye**: 239,000,000 US dollars
- **Other**: 194,000,000 US dollars
- **Client Computing**: 7,533,000,000 US dollars
- **Datacenter and AI**: 3,036,000,000 US dollars
- **Network and Edge**: 1,364,000,000 US dollars
- **Intel Foundry**: 4,369,000,000 US dollars
- **Research and development**: 4,382,000,000 US dollars
- **Marketing, general, and administrative**: 1,556,000,000 US dollars
- **Restructuring and other charges**: 348,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 17,077,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Intersegment eliminations**: negative 4,353,000,000 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: −$381.00 M; to noncontrolling interests: −$56.00 M.