INTEL CORPORATION (INTC) FY2026 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-12-28 to 2026-03-28

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INTEL CORPORATION cash flow reconciliation, Dec 28, 2025 through Mar 28, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Restructuring and other charges → operating reconciliation: $3,965,000,000.00Depreciation → operating reconciliation: $2,902,000,000.00Mark-to-market (gains) losses on Escrowed Shares → operating reconciliation: $1,090,000,000.00Share-based compensation → operating reconciliation: $621,000,000.00Amortization of intangibles → operating reconciliation: $234,000,000.00Income taxes → operating reconciliation: $169,000,000.00(Gains) losses on equity investments, net → operating reconciliation: $72,000,000.00operating reconciliation → Net cash from operating activities: $1,096,000,000.00operating reconciliation → Net income (loss): $4,281,000,000.00operating reconciliation → Other assets and liabilities: $1,325,000,000.00operating reconciliation → Accrued compensation and benefits: $1,175,000,000.00operating reconciliation → Inventories: $808,000,000.00operating reconciliation → Accounts receivable: $217,000,000.00operating reconciliation → Accounts payable: $142,000,000.00operating reconciliation → Deferred taxes: $9,000,000.00Sales of short-term investments → investing reconciliation: $9,221,000,000.00Maturities of short-term investments → investing reconciliation: $5,227,000,000.00Proceeds from capital-related government incentives → investing reconciliation: $107,000,000.00investing reconciliation → Net cash from investing activities: $3,093,000,000.00investing reconciliation → Purchases of short-term investments: $7,190,000,000.00investing reconciliation → Additions to property, plant and equipment: $3,636,000,000.00investing reconciliation → Payments to Acquire Businesses, Net of Cash Acquired: $596,000,000.00investing reconciliation → Other investing: $40,000,000.00Net cash used in financing activities → financing reconciliation: $1,206,000,000.00Partner contributions → financing reconciliation: $2,064,000,000.00Proceeds from sales of common stock through employee equity incentive plans → financing reconciliation: $427,000,000.00financing reconciliation → Repayment of debt: $1,500,000,000.00financing reconciliation → Additions to property, plant, and equipment: $1,327,000,000.00financing reconciliation → Other financing: $870,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $14,712,000,000.00Net cash from operating activities → Cash sources and uses: $1,096,000,000.00Net cash from investing activities → Cash sources and uses: $3,093,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,695,000,000.00Cash sources and uses → Net cash used in financing activities: $1,206,000,000.00Net income (loss): -$4,281,000,000.00Net income (loss)−$4.28 BDepreciation: $2,902,000,000.00Depreciation expense+$2.90 BShare-based compensation: $621,000,000.00Stock-based compensation+$621.00 MRestructuring and other charges: $3,965,000,000.00Restructuring charges+$3.97 BAmortization of intangibles: $234,000,000.00Intangible amortization+$234.00 M(Gains) losses on equity investments, net: $72,000,000.00Equity investment gain & loss+$72.00 MMark-to-market (gains) losses on Escrowed Shares: $1,090,000,000.00Derivative value change+$1.09 BDeferred taxes: -$9,000,000.00Deferred income taxes−$9.00 MAccounts receivable: -$217,000,000.00Accounts receivable−$217.00 MInventories: -$808,000,000.00Inventories−$808.00 MAccounts payable: -$142,000,000.00Accounts payable−$142.00 MAccrued compensation and benefits: -$1,175,000,000.00Accrued compensation−$1.18 BIncome taxes: $169,000,000.00Income taxes, net+$169.00 MOther assets and liabilities: -$1,325,000,000.00Other working capital, net−$1.33 BNet cash from operating activities: $1,096,000,000.00Operating cash+$1.10 Boperating reconciliation: $9,053,000,000.00Issuance of commercial paper, net of issuance costs: $0.00Partner contributions: $2,064,000,000.00Partner contributions+$2.06 BAdditions to property, plant, and equipment: -$1,327,000,000.00Financed PP&E payments−$1.33 BRepayment of debt: -$1,500,000,000.00Long-term debt repaid−$1.50 BProceeds from sales of common stock through employee equity incentive plans: $427,000,000.00Stock plan proceeds+$427.00 MOther financing: -$870,000,000.00Other financing, net−$870.00 MNet cash used in financing activities: -$1,206,000,000.00. Cash required to fund net payments.Financing cash−$1.21 Bfinancing reconciliation: $3,697,000,000.00Additions to property, plant and equipment: -$3,636,000,000.00PP&E purchases−$3.64 BProceeds from capital-related government incentives: $107,000,000.00Capital incentives received+$107.00 MPayments to Acquire Businesses, Net of Cash Acquired: -$596,000,000.00Acquisitions, net of cash−$596.00 MPurchases of short-term investments: -$7,190,000,000.00AFS securities purchases−$7.19 BSales of short-term investments: $9,221,000,000.00AFS securities sales+$9.22 BMaturities of short-term investments: $5,227,000,000.00AFS securities maturities+$5.23 BProceeds from divestiture: $0.00Other investing: -$40,000,000.00Other investing, net−$40.00 MNet cash from investing activities: $3,093,000,000.00Investing cash+$3.09 Binvesting reconciliation: $14,555,000,000.00Cash sources and uses: $18,901,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $14,712,000,000.00Beginning cash$14.71 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,695,000,000.00Ending cash$17.70 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$4.28B + net operating adjustments $5.38B = operating cash +$1.10BFree cash flow−$2.54 BOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$2.98 BEnding cash − beginning cash
Chart details

INTEL CORPORATION cash flow reconciliation, Dec 28, 2025 through Mar 28, 2026

Cash flows for Dec 28, 2025 through Mar 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 27, 2025. Ending cash: Mar 28, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 27, 2025
14,712,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
1,096,000,000 US dollars. Net cash provided.
Net income (loss)
negative 4,281,000,000 US dollars
Depreciation
2,902,000,000 US dollars
Share-based compensation
621,000,000 US dollars
Restructuring and other charges
3,965,000,000 US dollars
Amortization of intangibles
234,000,000 US dollars
(Gains) losses on equity investments, net
72,000,000 US dollars
Mark-to-market (gains) losses on Escrowed Shares
1,090,000,000 US dollars
Deferred taxes
negative 9,000,000 US dollars
Accounts receivable
negative 217,000,000 US dollars
Inventories
negative 808,000,000 US dollars
Accounts payable
negative 142,000,000 US dollars
Accrued compensation and benefits
negative 1,175,000,000 US dollars
Income taxes
169,000,000 US dollars
Other assets and liabilities
negative 1,325,000,000 US dollars
Investing activities
3,093,000,000 US dollars. Net cash provided.
Additions to property, plant and equipment
negative 3,636,000,000 US dollars
Proceeds from capital-related government incentives
107,000,000 US dollars
Payments to Acquire Businesses, Net of Cash Acquired
negative 596,000,000 US dollars
Purchases of short-term investments
negative 7,190,000,000 US dollars
Sales of short-term investments
9,221,000,000 US dollars
Maturities of short-term investments
5,227,000,000 US dollars
Proceeds from divestiture
0 US dollars
Other investing
negative 40,000,000 US dollars
Financing activities
negative 1,206,000,000 US dollars. Net cash used.
Issuance of commercial paper, net of issuance costs
0 US dollars
Partner contributions
2,064,000,000 US dollars
Additions to property, plant, and equipment
negative 1,327,000,000 US dollars
Repayment of debt
negative 1,500,000,000 US dollars
Proceeds from sales of common stock through employee equity incentive plans
427,000,000 US dollars
Other financing
negative 870,000,000 US dollars
Operating adjustment reconciliation
9,053,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
3,697,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
14,555,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Mar 28, 2026
17,695,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
18,901,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,983,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
1,096,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
3,636,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 2,540,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$4.28B + net operating adjustments $5.38B = operating cash +$1.10B. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,096,000,000 US dollars minus 3,636,000,000 US dollars equals negative 2,540,000,000 US dollars.
INTEL CORPORATION (INTC) FY2026 Q1 Statement of Cash Flows Sankey chart
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