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Intel — Apr 23, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000050863-26-000077
Open on SEC.gov ↗
Showing in the filing
EPS attributable to Intel (GAAP)
“$0.08”
Period
Q2 FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 13
Revenue for Q2 FY2026
“$13.8 billion to $14.8 billion”
Revenue for Q2 FY2026
“$13.8 billion to $14.8 billion”
EPS attributable to Intel for Q2 FY2026
“$0.08”
EPS attributable to Intel (GAAP) for Q2 FY2026
“$0.08”
Non-GAAP EPS attributable to Intel for Q2 FY2026
“$0.20”
Gross margin (GAAP) for Q2 FY2026
“37.5%”
Gross margin (Non-GAAP) for Q2 FY2026
“39.0%”
Tax Rate (GAAP) for Q2 FY2026
“4%”
Earnings (Loss) Per Share Attributable to In… for Q2 FY2026
“$0.08”
Tax Rate (Non-GAAP) for Q2 FY2026
“11%”
Earnings (Loss) Per Share Attributable to In… for Q2 FY2026
“$0.20”
GAAP operating expenses (Approximately) for FY2026
“$22.7”
Non-GAAP operating expenses (Approximately) for FY2026
“$16.5”
Exhibit 99.1 · the passage around this item
… earlier in the release
▪ First-quarter earnings (loss) per share (EPS) attributable to Intel was $(0.73); non-GAAP EPS attributable to Intel was $0.29. ▪ Forecasting second-quarter 2026 revenue of $13.8 billion to $14.8 billion; expecting second-quarter EPS attributable to Intel o f $0.08 and non-GAAP EPS attributable to Intel of $0.20. SANTA CLARA, Calif., April 23, 2026 – Intel Corporation today reported first-quarter 2026 financial results. “The next wave of AI will bring intelligence closer to the end user, moving from foundational models to inference to agentic. This shift is significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings,” said Lip-Bu Tan, Intel CEO. “With a solid foundation in place, we are addressing this opportunity by listening to our customers and driving their success with our technical expertise and differentiated IP. This deliberate reset to how we operate drove a sixth consecutive quarter of revenue above our expectations, as well as new and deepened relationships with strategic partners.” “We delivered robust Q1 results, reflecting the growing and essential role of the CPU in the AI era and unprecedented demand for silicon, as well as our disciplined execution to expand available supply,” said David Zinsner, Intel CFO. “We remain focused on maximizing our factory network to improve available supply and meet our customers’ needs throughout the year.” Q1 2026 Financial Results GAAP Non-GAAP   Q1 2026 Q1 2
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.