Intel — Jan 22, 2026 release

Our priorities are clear: sharpen execution, reinvigorate engineering excellence, and fully capitalize on the vast opportunity AI presents across all of our businesses.” "We exceeded Q4 expectations across revenue, gross margin, and EPS even as we navigated industry-wide supply shortages,” said David Zinsner, Intel CFO. “We expect our available supply to be at its lowest level in Q1 before improving in Q2 and beyond. Demand fundamentals across our core markets remain healthy as the rapid adoption of AI reinforces the importance of the x86 ecosystem as the world’s most widely deployed high-performance compute architecture.” Q4 2025 Financial Results GAAP Non-GAAP   Q4 2025 Q4 2024 vs. Q4 2024 Q4 2025 Q4 2024 vs. Q4 2024 Revenue ($B) $13.7 $14.3 down 4% Gross margin 36.1% 39.2% down 3.1 ppts 37.9% 42.1% down 4.2 ppts R&D and MG&A ($B) $4.4 $5.1 down 14% $4.0 $4.6 down 14% Operating margin (loss) 4.2% 2.9% up 1.3 ppts 8.8% 9.6% down 0.8 ppts Tax rate 198.5% 125.5% up 73 ppts 12.0% 13.0% down 1.0 ppt Net income (loss) attributable to Intel ($B) $(0.6) $(0.1) n/m* $0.8 $0.6 up 35% Earnings (loss) per share attributable to Intel—diluted $(0.12) $(0.03) n/m* $0.15 $0.13 up 15% Full reconciliations between GAAP and non-GAAP measures are provided below. *Not meaningful In the fourth quarter, the company generated $4.3 billion in cash from operations. Exhibit 99.1 Full-Year 2025 Financial Results GAAP Non-GAAP   2025 2024 vs. 2024 2025 2024 vs. 2024 Revenue ($B) $52.9 $53.1 flat Gross margin 34.8% 32.7% up 2.1 ppts 36.7% 36.0% up 0.7 ppts R&D and MG&A ($B) $18.4 $22.1 down 17% $16.5 $19.4 down 15% Oper