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Intel — Oct 23, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000050863-25-000169
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Showing in the filing
Gross margin (GAAP)
“34.5%”
Period
Q4 FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 12
Revenue for Q4 FY2025
“$12.8 billion to $13.8 billion”
EPS attributable to Intel for Q4 FY2025
“$(0.14)”
Earnings (Loss) Per Share Attributable to In… for Q4 FY2025
“$0.08”
Non-GAAP EPS attributable to Intel for Q4 FY2025
“$0.08”
Revenue for Q4 FY2025
“$12.8-13.8 billion”
Gross margin (GAAP) for Q4 FY2025
“34.5%”
Gross margin (Non-GAAP) for Q4 FY2025
“36.5%”
Tax Rate (GAAP) for Q4 FY2025
“476%”
Earnings (Loss) Per Share Attributable to In… for Q4 FY2025
“$(0.14)”
Tax Rate (Non-GAAP) for Q4 FY2025
“12%”
GAAP operating expenses (In Billions) for FY2026
“$ 19.0”
Non-GAAP operating expenses (In Billions) for FY2026
“$ 16.0”
Exhibit 99.1 · the passage around this item
… earlier in the release
▪ Intel received $5.2 billion with the completion of the Altera transaction and a stake sale of Mobileye. Intel/Page 3 Business Outlook Intel's guidance for the fourth quarter of 2025 includes both GAAP and non-GAAP estimates as follows: Q4 2025 GAAP Non-GAAP Revenue $12.8-13.8 billion Gross margin 34.5% 36.5% Tax Rate 476% 12% Earnings (Loss) Per Share Attributable to Intel—Diluted $(0.14) $0.08 Effective September 12, 2025 , Altera, previously a wholly owned subsidiary, was deconsolidated from Intel's consolidated financial statements following the closing of the sale of 51% of Altera's issued and outstanding common stock. As a result, fourth quarter guidance excludes the results of Altera. Reconciliations between GAAP and non-GAAP financial measures are included below. Actual results may differ materially from Intel’s business outlook as a result of, among other things, the factors described under “Forward-Looking Statements” below. The gross margin and EPS outlooks are based on the midpoint of the revenue range. Earnings Webcast Intel will hold a public webcast at 2 p.m. PDT today to discuss the results for its third quarter of 2025. The live public webcast can be accessed on Intel's Investor Relations website at www.intc.com . The corresponding earnings presentation and webcast replay will also be available on the site. Accounting for U.S. Government Transactions Intel's transactions with the U.S. Government during the third quarter of 2025, including the equity issuances and
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.