Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products. The company also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, it offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. The company serves original equipment manufacturers, original design manufacturers, and cloud service providers. Intel Corporation has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search in the space of drugs. The company was incorporated in 1968 and is headquartered in Santa Clara, California.

Intel Corporation

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Gross Profit

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Research and Development

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Marketing, General, and Administrative

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Restructuring and Other Charges

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Amortization of Acquisition-Related Intangibles

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Operating Expenses

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Operating Income

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Gains on Equity Method Investments, Net

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Interest and Other, Net

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Income Before Taxes

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Provision for Taxes

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Net Income

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Less: Net Income Attributable to Non-Controlling Interests

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Net Income Attributable to Intel

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Earnings per Share Attributable to Intel-Basic

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Earnings per Share Attributable to Intel-Diluted

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Earnings per Share Attributable to Intel-Diluted Common Size

Basic

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Diluted

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Total Revenues

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Gross Profit Margin

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Selling, General & Administrative Expenses

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Depreciation & Amortization Expenses

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Research & Development Expenses

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Other Operating Expenses

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Operating Profit

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Interest and Investment Income

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Non-Operating Income

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Total Non-Operating Income

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Consolidated Net Income

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Net Income Attributable to Minority Interests and Other

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Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	53,439	53,101	54,228	63,054	79,024	77,867	71,965	70,848	62,761	59,387	55,355
Total Revenues %Chg	-1.5%	-2.1%	-14%	-20.2%	1.5%	8.2%	1.6%	12.9%	5.7%	7.3%	-0.9%
Net Revenue
Cost of Sales	34,423	35,756	32,517	36,188	35,209	34,255	29,825	27,111	23,663	23,154	20,676
Cost of Sales
Gross Profit	19,016	17,345	21,711	26,866	43,815	43,612	42,140	43,737	39,098	36,233	34,679
Gross Profit
Gross Profit Margin	35.6%	32.7%	40%	42.6%	55.4%	56%	58.6%	61.7%	62.3%	61%	62.6%
Selling, General & Administrative Expenses	4,689	5,507	5,634	7,002	6,543	6,180	6,350	6,950	7,452	8,377	7,930
Marketing, General, and Administrative
Depreciation & Amortization Expenses	—	—	—	—	—	—	—	—	177	294	265
Amortization of Acquisition-Related Intangibles
Research & Development Expenses	14,431	16,546	16,046	17,528	15,190	13,556	13,362	13,543	13,035	12,685	12,128
Research and Development
Other Operating Expenses	2,278	6,970	-62	2	2,626	198	393	-72	384	1,744	354
Restructuring and Other Charges
Operating Profit	-2,382	-11,678	93	2,334	19,456	23,678	22,035	23,316	18,050	13,133	14,002
Operating Income
Operating Margin	-4.5%	-22%	0.2%	3.7%	24.6%	30.4%	30.6%	32.9%	28.8%	22.1%	25.3%
Interest and Investment Income	927	242	40	4,268	2,729	1,904	1,539	-125	2,651	506	315
Gains on Equity Investments, Net
Gains on Equity Method Investments, Net
Non-Operating Income	4,200	468	669	5,434	2,247	1,400	2,023	1	2,302	-197	210
Interest and Other, Net
Gains on Equity Investments, Net
Gains on Other Equity Investments, Net
Total Non-Operating Income	5,127	710	709	9,702	4,976	3,304	3,562	-124	4,953	309	525
Income Before Provision for Income Taxes	1,818	-11,210	762	7,768	21,703	25,078	24,058	23,317	20,352	12,936	14,212
Income Before Taxes
Provision for Income Taxes	1,612	8,023	-913	-249	1,835	4,179	3,010	2,264	10,751	2,620	2,792
Provision for Taxes
Consolidated Net Income	206	-19,233	1,675	8,017	19,868	20,899	21,048	21,053	9,601	10,316	11,420
Net Income
Net Income Attributable to Minority Interests and Other	8	-477	-14	3	—	—	—	—	—	—	—
Less: Net Income Attributable to Non-Controlling Interests
Net Income Attributable to Common Shareholders	198	-18,756	1,689	8,014	19,868	20,899	21,048	21,053	9,601	10,316	11,420
Net Income Attributable to Intel
Basic EPS	0	-4.4	0.4	2	4.9	5	4.8	4.6	2	2.2	2.4
Diluted EPS	0	-4.4	0.4	1.9	4.9	4.9	4.7	4.5	2	2.1	2.3
Basic Weighted Average Shares Outstanding	4,386.3	4,280	4,190	4,108	4,059	4,199	4,417	4,611	4,701	4,730	4,742
Total Shares Outstanding	4,766	4,330	4,228	4,137	4,070	4,062	4,290	4,516	4,687	4,730	4,725
Diluted Weighted Average Shares Outstanding	4,390.5	4,280	4,212	4,123	4,090	4,232	4,473	4,701	4,835	4,875	4,894
EBITDA	8,944	-299	9,695	15,369	31,248	35,917	32,861	32,401	26,179	20,923	22,713
Effective Tax Rate	88.7%	-71.6%	-119.8%	-3.2%	8.5%	16.7%	12.5%	9.7%	52.8%	20.3%	19.6%