INTEL CORPORATION (INTC) FY2026 Q1 P&L / Income Statement

Revenue by Business Segment

2025-12-28 to 2026-03-28

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INTEL CORPORATION (INTC) FY2026 Q1 P&L / Income StatementIncome statement for 2025-12-28 through 2026-03-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETClient ComputingIntel FoundryDatacenter and AIOtherNet revenueRevenue before reconciliation (calculated)Intersegment eliminationsGross profitCost of salesOperating income (loss)Operating expensesResearch and developmentMarketing, general, and administrativeRestructuring and other chargesIncome (loss) before taxesOther income (expense), net (calculated)Net income (loss)Provision for (benefit from) taxesRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$18.83 BOperating income (loss)Operatingincome (loss)−$3.14 BIncome (loss) before taxesIncome (loss)before taxes−$3.95 BNet revenueNet revenue$13.58 BGross profitGross profit$5.35 BNet income (loss)Net income (loss)−$4.28 BClient ComputingClient Computing$7.73 BOperating expensesOperating expenses$8.48 BCost of salesCost of sales$8.23 BProvision for (benefit from) taxesProvision for(benefit from) taxes$335.00 MResearch and developmentResearch and development$3.38 BIntel FoundryIntel Foundry$5.42 BMarketing, general, and administrativeMarketing, general,and administrative$1.04 BDatacenter and AIDatacenter and AI$5.05 BRestructuring and other chargesRestructuring and other charges$4.07 BOtherOther$628.00 MOther income (expense), net (calculated)Other income,net (calculated)−$810.00 MIntersegment eliminationsIntersegmenteliminations−$5.25 B
Chart details

INTEL CORPORATION (INTC) FY2026 Q1 P&L / Income Statement

Income statement for 2025-12-28 through 2026-03-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue
13,577,000,000 US dollars
Cost of sales
8,230,000,000 US dollars
Gross profit
5,347,000,000 US dollars
Operating expenses
8,483,000,000 US dollars
Operating income (loss)
negative 3,136,000,000 US dollars
Other income (expense), net (calculated)
negative 810,000,000 US dollars
Income (loss) before taxes
negative 3,946,000,000 US dollars
Provision for (benefit from) taxes
335,000,000 US dollars
Net income (loss)
negative 4,281,000,000 US dollars
Client Computing
7,727,000,000 US dollars
Datacenter and AI
5,052,000,000 US dollars
Intel Foundry
5,421,000,000 US dollars
Other
628,000,000 US dollars
Research and development
3,375,000,000 US dollars
Marketing, general, and administrative
1,038,000,000 US dollars
Restructuring and other charges
4,070,000,000 US dollars
Revenue before reconciliation (calculated)
18,828,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Intersegment eliminations
negative 5,251,000,000 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: −$3.73 B; to noncontrolling interests: −$553.00 M.
INTEL CORPORATION (INTC) FY2026 Q1 P&L / Income Statement Sankey chart
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Gross margin

39.4%

Gross profit / revenue

Operating margin

−23.1%

Operating profit / revenue

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