Research summary
A two-period review of INTC revenue, profitability and cash conversion; reported revenue growth was -0.47%.
Period comparison
FY2025 ended 2025-12-27; the prior observation ended 2024-12-28. Revenue moved from USD 53.101 billion to USD 52.853 billion. These are annual periods, not quarterly earnings or trailing-twelve-month estimates.
Earnings bridge
Net income moved from USD -18.756 billion to USD -267.00 million. Operating income moved from USD -11.678 billion to USD -2.214 billion. Net margin moved from -35.32% to -0.51%. A margin change identifies an outcome; its causes require management discussion and footnotes.
Cash-flow cross-check
Operating cash flow was USD 8.288 billion in the earlier period and USD 9.697 billion in the later period. Selected free cash flow was USD -15.656 billion and USD -4.949 billion, respectively. Working-capital timing can cause earnings and cash to diverge.
Interpretation and limits
A rise in reported revenue does not by itself identify organic growth. A difference in EPS can reflect share-count changes as well as operating performance. No causal claim is made from these aggregate figures.
Valuation context
An earnings comparison provides a historical denominator, not a price target. A dated market price is deliberately absent from this static release.
What to monitor
Revenue mix, research spending, inventory and cash conversion.
Risks and uncertainties
Customer concentration, product transitions, export restrictions and the durability of capital spending.
Sources & dates
- SEC annual filing · 2025-12-27 ↗Source date 2026-01-23
- SEC annual filing · 2024-12-28 ↗Source date 2026-01-23
- SEC annual filing · 2023-12-30 ↗Source date 2026-01-23
- SEC annual filing · 2022-12-31 ↗Source date 2025-01-31
- SEC issuer record ↗Source date 2026-09-18