Intel | 8-K: FY2026 Q3 Revenue: USD 16.51 B

Revenue: As of FY2026 Q3, the actual value is USD 16.51 B, compared to the market estimate of USD 16.49 B.

EPS: As of FY2026 Q3, the actual value is USD 0.6, compared to the market estimate of USD 0.2857.

EBIT: As of FY2026 Q3, the actual value is USD 3.652 B.

Third-Quarter 2026 Financial Results (GAAP)

Gross Margin: Intel Corporation’s GAAP gross margin was 43.0%, an increase of 4.8 percentage points year-over-year from 38.2% in Q3 2025.
Operating Margin: The GAAP operating margin was 15.3%, up 10.3 percentage points year-over-year from 5.0% in Q3 2025.
Net Income Attributable to Intel: GAAP net income attributable to Intel Corporation was $3.3 billion, a decrease of 18% year-over-year from $4.1 billion in Q3 2025.
Cash from Operations (Q3): Cash from operations for the third quarter was $5.1 billion.

Third-Quarter 2026 Financial Results (Non-GAAP)

Gross Margin: The non-GAAP gross margin was 44.1%, an increase of 4.1 percentage points year-over-year from 40.0% in Q3 2025.
Operating Margin: The non-GAAP operating margin was 19.6%, up 8.4 percentage points year-over-year from 11.2% in Q3 2025.
Net Income Attributable to Intel: Non-GAAP net income attributable to Intel Corporation was $2.8 billion, an increase of 169% year-over-year from $1.0 billion in Q3 2025.

Third-Quarter 2026 Business Unit Revenue and Trends

Client Computing and Physical AI Group (CCPG): Revenue was $8.1 billion, down 5% year-over-year.
Data Center and AI (DCAI): Revenue was $7.3 billion, up 78% year-over-year.
Intel Foundry: Revenue was $6.7 billion, up 58% year-over-year.
All Other: Revenue was $0.7 billion, down 30% year-over-year.
Intersegment Eliminations: This category reported - $6.3 billion.

Third-Quarter 2026 Segment Operating Income (Loss)

CCPG Operating Income: Operating income was $2,285 million (Q3 2025: $2,694 million).
DCAI Operating Income: Operating income was $3,039 million (Q3 2025: $964 million).
Intel Foundry Operating Loss: Operating loss was - $1,853 million (Q3 2025: - $2,321 million).
All Other Operating Income: Operating income was $179 million (Q3 2025: $100 million).
Corporate Unallocated Operating Loss: Operating loss was - $1,058 million (Q3 2025: - $782 million).
Intersegment Eliminations Operating Loss: Operating loss was - $70 million (Q3 2025: $28 million).
Total Consolidated Operating Income: Total consolidated operating income was $2,522 million (Q3 2025: $683 million).

Cash Flow

GAAP Net Cash Provided by Operating Activities (Q3 2026): Intel Corporation reported $5,082 million in GAAP net cash provided by operating activities, compared to $2,546 million in Q3 2025.
Adjusted Free Cash Flow (Q3 2026): Adjusted free cash flow was $1,639 million, up from $896 million in Q3 2025.
GAAP Net Cash Used for Investing Activities (Q3 2026): GAAP net cash used for investing activities was - $19,590 million, compared to - $6,250 million in Q3 2025.
GAAP Net Cash Provided by Financing Activities (Q3 2026): GAAP net cash provided by financing activities was $23,309 million, compared to $5,152 million in Q3 2025.
Net Cash Provided by Operating Activities (Nine Months Ended Sep 26, 2026): For the nine months ended September 26, 2026, net cash provided by operating activities was $13,184 million, compared to $5,409 million for the nine months ended September 27, 2025.
Net Cash Used for Investing Activities (Nine Months Ended Sep 26, 2026): Net cash used for investing activities was - $20,259 million, compared to - $8,255 million for the nine months ended September 27, 2025.
Net Cash Provided by Financing Activities (Nine Months Ended Sep 26, 2026): Net cash provided by financing activities was $14,761 million, compared to $5,738 million for the nine months ended September 27, 2025.

Business Outlook

Intel Corporation projects fourth-quarter 2026 revenue to range between $15.0 billion and $16.0 billion. The company anticipates a GAAP gross margin of 37.1% and a non-GAAP gross margin of 38.0%. Furthermore, Intel forecasts a GAAP tax rate of 31% and a non-GAAP tax rate of 11%.