About Intel
Intel Corporation is a leading American tech giant designing and making computer components like CPUs, GPUs, and AI accelerators, known for its Core, Xeon, and other chip brands, powering PCs, data centers, and edge devices with a strong focus on AI and a global manufacturing presence, led by CEO Pat Gelsinger, evolving from its 1968 founding by Noyce & Moore into a key player in the semiconductor industry.
Fourth Quarter and Full Year 2025 Highlights
Fourth-quarter revenue was $13.7 billion, down 4% year-over-year. Full-year revenue was $52.9 billion, flat YoY. YoY comparisons have not been adjusted for the deconsolidation of Altera in the third quarter of 2025. Fourth-quarter earnings (loss) per share (EPS) attributable to Intel was $(0.12); non-GAAP EPS attributable to Intel was $0.15. Full-year EPS attributable to Intel was $(0.06); non-GAAP EPS attributable to Intel was $0.42.
Forecasting first-quarter 2026 revenue of $11.7 billion to $12.7 billion; expecting first-quarter EPS attributable to Intel of $(0.21) and non-GAAP EPS attributable to Intel of $0.00.
Business Unit Summary
In the first quarter of 2025, the company made an organizational change to integrate the Network and Edge Group (NEX) into CCG and DCAI and modified Intel’s segment reporting to align to this and certain other business reorganizations. All prior-period segment data has been retrospectively adjusted to reflect the way Intel’s chief operating decision maker internally receives information and manages and monitors the company’s operating segment performance.
Effective September 12, 2025, Altera, previously a wholly owned subsidiary, was deconsolidated from Intel’s consolidated financial statements following the closing of the sale of 51% of Altera’s issued and outstanding common stock. Altera’s financial results of operations were included in Intel’s consolidated financial results and its “all other” business unit category for all periods presented through September 11, 2025. There are no changes to Intel’s consolidated financial statements for any prior periods.
Business Highlights
Intel unveiled the Intel Core Ultra Series 3 processor family, the company’s first AI PC platform built on the Intel 18A process technology, designed and manufactured in the United States. Intel Core Ultra Series 3 is expected to power more than 200 designs from leading, global original equipment manufacturers, spanning premium to mainstream laptops, gaming handhelds, robotics, and industrial edge devices. Intel Core Ultra Series 3 is expected to be the most broadly adopted and globally available AI PC platform Intel has ever delivered.
Intel and Cisco announced a collaboration on an integrated platform for distributed AI workloads. Powered by Intel Xeon 6 system-on-chip (SoC), Cisco Unified Edge brings compute, networking, storage, and security closer to where data is generated, enabling real-time AI inferencing and agentic workloads at the edge.
Intel also centralized its Data Center and AI businesses under Kevork Kechichian, Executive Vice President and General Manager of the Data Center Group, ensuring tight coordination across CPUs, GPUs and platform strategy.
Intel 18A ramped to high-volume manufacturing in Arizona and Oregon, reinforcing Intel’s position as the only company undertaking research, design and development of leading-edge and next generation semiconductor manufacturing technologies, as well as the high volume manufacturing of logic semiconductors utilizing leading-edge nodes in the U.S. Intel Foundry and ASML have demonstrated technical viability of the most advanced lithography scanner available in delivering improved accuracy and productivity that positions High Numerical Aperture (High NA) EUV for future high-volume manufacturing.
Intel strengthened its leadership team with the appointments of Cindy Stoddard as senior vice president and chief information officer, Robin Colwell as senior vice president of government affairs, and Annie Shea Weckesser as senior vice president and chief marketing and communications officer. The company also announced that Craig H. Barratt, Ph.D., was appointed as an independent member of its board of directors. The sale of $5.0 billion of Intel common stock to NVIDIA was completed, further strengthening the company’s balance sheet and strategic flexibility.
Business Outlook
First quarter 2026 GAAP revenue of $11.7-12.7 billion. Expects gross margin to be 32.3% (GAAP) and 34.5% (non-GAAP). Forecasts GAAP earnings (loss) per share attributable to Intel-diluted to be $(0.21) and non-GAAP earnings (loss) per share attributable to Intel-diluted to be $0.00.