2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Revenue | $78B | $79B | $63B | $54B | $53B |
Cost of Revenue | $34B | $35B | $36B | $33B | $36B |
Gross Profit | $44B | $44B | $27B | $22B | $17B |
Gross Profit % | 56% | 55% | 43% | 40% | 33% |
R&D Expenses | $14B | $15B | $18B | $16B | $17B |
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Net Income | $21B | $20B | $8B | $1.7B | -$19B |
Dep. & Amort. | $12B | $12B | $13B | $9.6B | $11B |
Def. Tax | $0 | $0 | $0 | $0 | $6.1B |
Stock Comp. | $1.9B | $2B | $3.1B | $3.2B | $3.4B |
Chg. in WC | $2B | -$5.4B | -$4.5B | -$2.6B | $1.1B |
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Cash | $5.9B | $4.8B | $11B | $7.1B | $8.2B |
ST Investments | $18B | $24B | $17B | $18B | $14B |
Cash & ST Inv. | $24B | $28B | $28B | $25B | $22B |
Receivables | $6.8B | $9.5B | $4.1B | $3.4B | $3.5B |
Inventory | $8.4B | $11B | $13B | $11B | $12B |
Intel reported Q4 revenue of $14.3 billion, up 7% sequentially, with gross margin at 42.1% and EPS of $0.13, exceeding guidance.
For Q1 2025, Intel expects revenue between $11.7 billion and $12.7 billion, with a gross margin of approximately 36% and breakeven EPS on a non-GAAP basis.
Intel Foundry aims to achieve breakeven operating income by the end of 2027, driven by internal wafer production and improved efficiency, with external customer contributions expected to grow gradually.
Intel plans to launch Panther Lake on Intel 18A in the second half of 2025, with significant volume expected in 2026, while continuing to balance internal and external manufacturing for future products.
The company is focused on improving competitiveness in data center and client markets, with Granite Rapids and future products like Diamond Rapids and Clearwater Forest aimed at closing performance gaps.