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Intel — Jul 23, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000050863-26-000155
Open on SEC.gov ↗
Showing in the filing
Non-GAAP EPS attributable to Intel
“$0.38”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 13
Revenue for Q3 FY2026
“$15.8 billion to $16.8 billion”
Revenue for Q3 FY2026
“$15.8 billion to $16.8 billion”
EPS attributable to Intel for Q3 FY2026
“$0.31”
Non-GAAP EPS attributable to Intel for FY2026
“$0.38”
Non-GAAP EPS attributable to Intel for Q3 FY2026
“$0.38”
Gross margin (GAAP) for Q3 FY2026
“41.0%”
Gross margin (Non-GAAP) for Q3 FY2026
“42.0%”
Tax Rate (GAAP) for Q3 FY2026
“1%”
Earnings (Loss) Per Share Attributable to In… for Q3 FY2026
“$0.31”
Tax Rate (Non-GAAP) for Q3 FY2026
“11%”
Earnings (Loss) Per Share Attributable to In… for Q3 FY2026
“$0.38”
GAAP operating expenses for FY2026
“$23.0”
Non-GAAP operating expenses for FY2026
“$16.5”
Exhibit 99.1 · the passage around this item
… earlier in the release
▪ Second-quarter earnings (loss) per share (EPS) attributable to Intel was $(2.16); non-GAAP EPS attributable to Intel was $0.42. ▪ Forecasting third-quarter 2026 revenue of $15.8 billion to $16.8 billion; expecting third-quarter EPS attributable to Intel of $0.31 and non-GAAP EPS attributable to Intel of $0.38. SANTA CLARA, Calif., July 23, 2026 – Intel Corporation today reported second-quarter 2026 financial results. “AI is driving unprecedented demand for compute, and as we continue to execute, Intel is well-positioned to capture sustainable growth across our CPU franchise, ASICs, advanced packaging and vast wafer foundry network,” said Lip-Bu Tan, Intel CEO. “Our Q2 results represent our strongest revenue growth in more than fifteen years, enabled by greater speed, accountability, and customer focus.” “We delivered a strong second quarter, exceeding our financial guidance on robust demand and improved execution, including volume upside driven by higher factory yields and improved cycle times,” said Dave Zinsner, Intel CFO. “AI-driven compute continues to strengthen, and to support expected growth this year and next across products and foundry, we are meaningfully increasing our investments in equipment, clean room space, and substrates.” Q2 2026 Financial Results GAAP Non-GAAP   Q2 2026 Q2 2025 vs. Q2 2025 Q2 2026 Q2 2025 vs. Q2 2025 Revenue ($B) $16.1 $12.9 up 25% Gross margin 40.4% 27.5% up 12.9 ppts 41.8% 29.7% up 12.1 ppts R&D and MG&A ($B) $4.5 $4.8 down 6% $4.0 $4.3 down 8% Ope
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.