Screener / SEC EDGAR /CIK 0000050863 /10-K filed Jan 23, 2026, compared with Jan 31, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
Nasdaq Technology · Semiconductors

Intel INTC

Headquarters
Santa Clara, CA
CEO
Lip Bu Tan
Next results
around Jan 21, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2023

Revenue of $54.2B through the costs to a net profit of $1.7B · income statement of the 10-K

0% operating margin
Revenue to Gross profit: $21.7BRevenue to Cost of revenue: $32.5BGross profit to Operating profit: $93.0MGross profit to Operating expenses: $21.6BOperating profit to Net profit: $93.0MOther income to Net profit: $1.6BOperating expenses to R&D: $16.0BOperating expenses to SG&A: $5.6B Revenue: $54.2B REVENUE $54.2B −14% Y/Y Gross profit: $21.7B · 40% margin GROSS PROFIT $21.7B 40% margin · −19% Y/Y Cost of revenue: $32.5B · 60% of revenue COST OF REVENUE $32.5B 60% of revenue Operating profit: $93.0M · 0% margin OPERATING PROFIT $93.0M 0% margin · −96% Y/Y Other income: $1.6B · 3% of revenue OTHER INCOME $1.6B 3% of revenue Operating expenses: $21.6B · 40% of revenue OPERATING EXPENSES $21.6B 40% of revenue Net profit: $1.7B · 3% margin NET PROFIT $1.7B 3% margin · −79% Y/Y R&D: $16.0B · 30% of revenue R&D $16.0B 30% of revenue SG&A: $5.6B · 10% of revenue SG&A $5.6B 10% of revenue
Gross profit $21.7B 40% margin · −19% Y/Y
Operating profit $93.0M 0% margin · −96% Y/Y
Net profit $1.7B 3% margin · −79% Y/Y
The full income statement, year by year

INTC among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: -0.5%, above 7% of 74 peers (their median 14.1%) REVENUE GROWTH -0.5% · above 7% Gross margin: 39.9%, above 18% of 67 peers (their median 58.0%) GROSS MARGIN 39.9% · above 18% Operating margin: 2.9%, above 3% of 70 peers (their median 23.8%) OPERATING MARGIN 2.9% · above 3% Net margin: -20.1%, above 1% of 74 peers (their median 19.2%) NET MARGIN -20.1% · above 1% FCF margin: 6.3%, above 14% of 70 peers (their median 23.7%) FCF MARGIN 6.3% · above 14% Return on capital: -0.0%, above 2% of 61 peers (their median 12.7%) RETURN ON CAPITAL -0.0% · above 2%
INTC Peer median Below the median

What changed

21 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Jan 23, 2026 against Jan 31, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +10.4% vs revenue -0.5% (+10.8 pts)
  • Cash from operations $9.7B vs net income −$267.0M (FY ending Dec 27, 2025)
9 more checks with nothing to note
  • Inventory -4.8% vs revenue -0.5% (-4.3 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Auditor's Reports 57; Inventory Valuation; Goodwill Impairment Assessment - Mobileye Reporting Unit
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

21 paragraphs in Risk Factors that were not in the 10-K filed Jan 31, 2025. Quoted as filed.

All 21 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Jan 31, 2025 10-K, ITEM 1A
    We have adopted a disaggregated design architecture for most of our newer and more high-end products and a number of our future products in which different processors and components, or tiles, can be manufactured on different processes and connected by advanced packaging technology into a single package. This approach introduces new…
  2. Item 1A · new paragraph · not in the 10-K filed Jan 31, 2025 10-K, ITEM 1A
    If we are unable to secure a significant external foundry customer for Intel 14A, our next generation semiconductor manufacturing process technology, we may pause or discontinue our pursuit of next generation leading-edge process technologies. As an integrated design manufacturer (IDM) with a products business that depends on access to…
  3. Item 1A · new paragraph · not in the 10-K filed Jan 31, 2025 10-K, ITEM 1A
    There are a number of risks and uncertainties associated with the U.S. government’s acquisition of significant equity interests in us. Our transactions with the U.S. government during the third quarter of 2025, including the equity issuances and the amendment to our commercial CHIPS Act agreement, are complex and subject to a number of…
  4. Item 1A · new paragraph · not in the 10-K filed Jan 31, 2025 10-K, ITEM 1A
    We regularly face attempts by malicious attackers to, among other things: gain unauthorized access to our network or data centers or those of our suppliers, customers and partners; steal proprietary, personal or confidential information; sabotage or corrupt our systems or processes to design and manufacture hardware and associated…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$63.1B$54.2B$53.1B$52.9B
Net income$8.0B$1.7B−$18.8B−$267.0M
Operating cash flow$15.4B$11.5B$8.3B$9.7B
Free cash flow−$9.4B−$14.3B−$15.7B−$4.9B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$52.9B ▼ 0.5% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Intel, Santa Clara, CA · from the 10-K filed Jan 23, 2026

Headquarters
Santa Clara, CA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 26
Last results
Oct 29, 2026
Incorporated in
DE

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Sources

The 10-K filed Jan 23, 2026 (open at SEC), compared with the 10-K filed Jan 31, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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