HighGravityDataIntel — Apr 24, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000050863-25-000070
Showing in the filing
Gross capital expenditures target
“$18 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
Revenue for Q2 FY2025
“$11.2 billion to $12.4 billion”
EPS attributable to Intel (GAAP) for Q2 FY2025
“$(0.32)”
Non-GAAP EPS attributable to Intel for Q2 FY2025
“$0.00”
Non-GAAP operating expense target for FY2025
“approximately $17 billion”
Non-GAAP operating expense target for FY2026
“$16 billion”
Gross capital expenditures target for FY2025
“$18 billion”
Net capital expenditures for FY2025
“approximately $8 billion to $11 billion”
Gross Margin (GAAP) for Q2 FY2025
“34.3%”
Gross Margin (Non-GAAP) for Q2 FY2025
“36.5%”
Tax Rate (GAAP) for Q2 FY2025
“(51)%”
Earnings (Loss) Per Share Attributable to In… for Q2 FY2025
“$(0.32)”
Tax Rate (Non-GAAP) for Q2 FY2025
“12%”
Earnings (Loss) Per Share Attributable to In… for Q2 FY2025
“$0.00”
GAAP additions to property, plant and equipm… for FY2025
“$18.0”
Non-GAAP net capital expenditures for FY2025
“$8.0 - $11.0”
GAAP R&D and MG&A for FY2025
“$19.9”
GAAP R&D and MG&A for FY2026
“$19.0”
Non-GAAP R&D and MG&A for FY2025
“$17.0”
Non-GAAP R&D and MG&A for FY2026
“$16.0”
Exhibit 99.1 · the passage around this item
… earlier in the release
Since the company has not yet estimated these charges, they are not included in its guidance. Additionally, further operational efficiencies and better utilization of construction-in-progress assets allow Intel to reduce its gross capital expenditures 1 target to $18 billion for 2025, down from the company's previous target of $20 billion, while still expecting net capital expenditures 2 of approximately $8 billion to $11 billion. Intel will continue to focus investment in its core business as it drives operational efficiency. 1 Gross capital expenditures refers to GAAP additions to property, plant and equipment. 2 Net capital expenditures, a non-GAAP financial measure, is defined as additions to property, plant and equipment, net of proceeds from capital-related government incentives and partner contributions. See below for more information on and reconciliations of Intel's non-GAAP financial measures. Intel/Page 2 Q1 2025 Financial Results GAAP Non-GAAP Q1 2025 Q1 2024 vs. Q1 2024 Q1 2025 Q1 2024 vs. Q1 2024 Revenue ($B) $12.7 $12.7 flat Gross margin 36.9% 41.0% down 4.1 ppts 39.2% 45.1% down 5.9 ppts R&D and MG&A ($B) $4.8 $5.9 down 19% $4.3 $5.0 down 15% Operating margin (loss) (2.4)% (8.4)% up 6 ppts 5.4% 5.7% down 0.3 ppts Tax rate (51.4)% 39.2% down 90.6 ppts 12.0% 13.0% down 1 ppt Net income (loss) attributable to Intel ($B) $(0.8) $(0.4) down 115% $0.6 $0.8 down 24% Earnings (loss) per share attributable to Intel—diluted $(0.19) $(0.09) dow
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.