Intel Corp
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +0.57%.
Did INTC Beat Earnings? Q4 2025 Results
Intel posted a stronger-than-expected fourth quarter for fiscal 2025, with non-GAAP EPS of $0.15 clearing the $0.0958 consensus by 56.58% and revenue of $13.67 billion edging past the $13.39 billion estimate by 2.14%, even as total revenue slipped 4.1% year over year. The primary engine behind the upside was momentum in the Data Center and AI segment, which grew 9% year over year to $4.74 billion, offsetting an 8% decline in the Client Computing Group. Those <a href="https://247wallst.com/investing/2026/01/22/live-earnings-will-intel-soar-after-releasing-q4-earnings-tonight/">better-than-expected results</a> came despite Intel Foundry continuing to weigh heavily on consolidated profitability, posting operating losses of $2.51 billion in the quarter. CEO Lip-Bu Tan highlighted Intel 18A — the company's most advanced U.S.-manufactured process node — as a strategic cornerstone for the AI era, though near-term momentum will face friction: Intel guided Q1 2026 revenue to a range of $11.70 billion to $12.70 billion with non-GAAP EPS of $0.00, reflecting supply constraints expected to be at their tightest before improving in the second quarter.
- DCAI revenue grew 9% YoY driven by data center demand and AI adoption
- Exceeded Q4 expectations across revenue, gross margin, and EPS
- Non-GAAP R&D and MG&A expenses reduced 14% YoY to $4.0 billion
- Headcount reduced to 85,100 from 108,900 a year ago through restructuring
“Our conviction in the essential role of CPUs in the AI era continues to grow. We delivered a solid finish to the year and made progress on our journey to build a new Intel. The introduction of our first products on Intel 18A – the most advanced process technology developed and manufactured in the United States – marks an important milestone, and we're working aggressively to grow supply to meet strong customer demand. Our priorities are clear: sharpen execution, reinvigorate engineering excellence, and fully capitalize on the vast opportunity AI presents across all of our businesses.”
Intel CEO, on the earnings call
Forward Guidance & Outlook
Intel guided Q1 2026 revenue of $11.7 billion to $12.7 billion, with GAAP gross margin of 32.3% and non-GAAP gross margin of 34.5%. GAAP EPS is expected at $(0.21) and non-GAAP EPS at $0.00. The company expects available supply to be at its lowest in Q1 before improving in Q2 and beyond. Demand fundamentals across core markets remain healthy. For full-year 2026, Intel targets non-GAAP operating expenses of approximately $16.0 billion, down from $16.5 billion in 2025.
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Figures from SEC filings and company reports. Not investment advice.