Financials Intel Corporation

Equities

INTC

US4581401001

Semiconductors

Market Closed - Nasdaq Other stock markets 21:00:00 11/07/2025 BST			5-day change	1st Jan Change
23.43 ^USD	-1.64%		+4.18%	+16.86%

07-11	RealSense spins out from Intel, secures $50 million to drive AI vision in robotics	RE
07-11	Realsense raises $50 mln in series A funding, spins out from Intel	RE

Projected Income Statement: Intel Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	77,867	74,718	63,054	54,228	53,101	50,435	53,126	56,893
Change	-	-4.04%	-15.61%	-14%	-2.08%	-5.02%	5.34%	7.09%
EBITDA ¹	36,115	32,505	19,045	12,514	11,125	13,092	17,249	23,279
Change	-	-10%	-41.41%	-34.29%	-11.1%	17.68%	31.75%	34.95%
EBIT ¹	25,292	22,205	7,917	4,667	-254	2,096	5,221	8,389
Change	-	-12.21%	-64.35%	-41.05%	-105.44%	925.05%	149.15%	60.67%
Interest Paid ¹	-504	-482	1,166	629	-	-560.4	-542.9	-465.4
Earnings before Tax (EBT) ¹	25,078	21,703	7,768	762	-11,210	-2,913	1,812	4,501
Change	-	-13.46%	-64.21%	-90.19%	-1,571.13%	74.02%	162.21%	148.36%
Net income ¹	20,899	19,868	8,014	1,689	-18,756	-2,814	731.9	5,370
Change	-	-4.93%	-59.66%	-78.92%	-1,210.48%	85%	126.01%	633.66%
Announcement Date	21/01/21	26/01/22	26/01/23	25/01/24	30/01/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	19,728	18,333	19,978	18,566	18,533	18,087	19,532	18,353	15,321	15,338	14,042	11,715	12,949	14,158	15,406	12,724	12,833	13,284	14,260	12,667	11,884	12,613	13,062	12,313	12,667	13,481	14,057	13,240
Change	-	-7.07%	8.97%	-7.07%	-0.18%	-2.41%	7.99%	-6.04%	-16.52%	0.11%	-8.45%	-16.57%	10.53%	9.34%	8.81%	-17.41%	0.86%	3.51%	7.35%	-11.17%	-6.18%	6.14%	3.56%	-5.74%	2.88%	6.42%	4.27%	-5.81%
EBITDA ¹	8,769	8,157	8,939	8,634	8,347	7,786	7,738	7,185	4,565	4,436	3,421	1,607	2,288	3,944	4,674	2,923	2,593	1,243	4,015	3,115	2,826	3,408	3,689	3,644	3,936	4,969	5,358	5,341
Change	-	-6.98%	9.59%	-3.41%	-3.32%	-6.72%	-0.62%	-7.15%	-36.46%	-2.83%	-22.88%	-53.03%	42.38%	72.38%	18.51%	-37.46%	-11.29%	-52.06%	223.01%	-22.42%	-9.26%	20.57%	8.25%	-1.23%	8.02%	26.26%	7.82%	-0.33%
EBIT ¹	6,058	5,396	6,299	6,096	5,856	5,202	5,051	4,241	1,417	1,655	602	-294	456	1,924	2,580	723	24	-2,369	1,368	690	96.61	488.8	792.8	603	964.3	1,523	1,963	1,569
Change	-	-10.93%	16.73%	-3.22%	-3.94%	-11.17%	-2.9%	-16.04%	-66.59%	16.8%	-63.63%	-148.84%	255.1%	321.93%	34.1%	-71.98%	-96.68%	-9,970.83%	157.75%	-49.56%	-86%	405.99%	62.17%	-23.94%	59.91%	57.99%	28.84%	-20.04%
Charge d'intérêts ¹	-29	-74	-88	-156	-96	-76	-154	997	-119	138	150	141	224	147	117	145	80	-	-129	-173	-114.7	-196	-99.67	-75	-50	-50	-50	-
Earnings before Tax (EBT) ¹	5,935	5,041	7,488	3,906	5,745	6,858	5,194	9,661	-909	-188	-796	-1,158	-816	-52	2,788	-719	-2,004	-9,086	599	-586	-1,308	-571	-381.7	-293.8	-58.45	565.8	957.3	761
Change	-	-15.06%	48.54%	-47.84%	47.08%	19.37%	-24.26%	86%	-109.41%	79.32%	-323.4%	-45.48%	29.53%	93.63%	5,461.54%	-125.79%	-178.72%	-353.39%	106.59%	-197.83%	-123.29%	56.36%	33.15%	23.03%	80.1%	1,068.01%	69.19%	-20.51%
Net income ¹	5,105	4,276	5,857	3,361	5,061	6,823	4,623	8,113	-454	1,019	-664	-2,758	1,481	297	2,669	-381	-1,610	-16,639	-126	-821	-1,175	-571	-364.1	-493.8	-230.4	277.9	606.5	1,158
Change	-	-16.24%	36.97%	-42.62%	50.58%	34.82%	-32.24%	75.49%	-105.6%	324.45%	-165.16%	-315.36%	153.7%	-79.95%	798.65%	-114.28%	-322.57%	-933.48%	99.24%	-551.59%	-43.16%	51.42%	36.24%	-35.62%	53.35%	220.62%	118.26%	90.97%
Announcement Date	23/07/20	22/10/20	21/01/21	22/04/21	22/07/21	21/10/21	26/01/22	28/04/22	28/07/22	27/10/22	26/01/23	27/04/23	27/07/23	26/10/23	25/01/24	25/04/24	01/08/24	31/10/24	30/01/25	24/04/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Intel Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	12,506	9,688	13,713	24,232	27,949	28,851	28,548	22,273
Change	-	-22.53%	41.55%	76.71%	15.34%	3.23%	-1.05%	-21.98%
Announcement Date	21/01/21	26/01/22	26/01/23	25/01/24	30/01/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Intel Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	14,259	18,733	24,844	25,750	23,944	17,991	17,148	16,017
Change	-	31.38%	32.62%	3.65%	-7.01%	-24.86%	-4.69%	-6.6%
Free Cash Flow (FCF) ¹	21,125	11,258	-9,411	-14,279	-15,656	-10,147	-4,141	1,351
Change	-	-46.71%	-183.59%	-51.73%	-9.64%	35.19%	59.19%	132.63%
Announcement Date	21/01/21	26/01/22	26/01/23	25/01/24	30/01/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Intel Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	46.38%	43.5%	30.2%	23.08%	20.95%	25.96%	32.47%	40.92%
EBIT Margin (%)	32.48%	29.72%	12.56%	8.61%	-0.48%	4.16%	9.83%	14.75%
EBT Margin (%)	32.21%	29.05%	12.32%	1.41%	-21.11%	-5.78%	3.41%	7.91%
Net margin (%)	26.84%	26.59%	12.71%	3.11%	-35.32%	-5.58%	1.38%	9.44%
FCF margin (%)	27.13%	15.07%	-14.93%	-26.33%	-29.48%	-20.12%	-7.8%	2.38%
FCF / Net Income (%)	101.08%	56.66%	-117.43%	-845.41%	83.47%	360.57%	-565.81%	25.17%
Profitability
ROA	14.43%	13.91%	4.33%	2.37%	-0.29%	0.43%	1.38%	2.66%
ROE	26.36%	25.34%	7.72%	4.27%	-0.55%	1.4%	2.91%	4.38%
Financial Health
Leverage (Debt/EBITDA)	0.35x	0.3x	0.72x	1.94x	2.51x	2.2x	1.66x	0.96x
Debt / Free cash flow	0.59x	0.86x	-1.46x	-1.7x	-1.79x	-2.84x	-6.89x	16.48x
Capital Intensity
CAPEX / Current Assets (%)	18.31%	25.07%	39.4%	47.48%	45.09%	35.67%	32.28%	28.15%
CAPEX / EBITDA (%)	39.48%	57.63%	130.45%	205.77%	215.23%	137.42%	99.41%	68.8%
CAPEX / FCF (%)	67.5%	166.4%	-263.99%	-180.33%	-152.94%	-177.31%	-414.08%	1,185.2%
Items per share
Cash flow per share ¹	8.361	7.333	3.743	2.723	6.475	2.524	3.719	4.556
Change	-	-12.3%	-48.95%	-27.24%	137.75%	-61.02%	47.33%	22.51%
Dividend per Share ¹	1.32	1.46	1.46	0.74	0.38	-	0.008	0.0967
Change	-	10.61%	0%	-49.32%	-48.65%	-	-	1,108.38%
Book Value Per Share ¹	19.67	23.32	24.52	25.07	22.93	24.43	25.82	27.41
Change	-	18.55%	5.12%	2.25%	-8.55%	6.58%	5.68%	6.17%
EPS ¹	4.94	4.86	1.94	0.4	-4.38	-0.7634	-0.039	0.9034
Change	-	-1.62%	-60.08%	-79.38%	-1,195%	82.57%	94.89%	2,414.71%
Nbr of stocks (in thousands)	4,098,000	4,067,000	4,127,000	4,216,000	4,313,000	4,362,000	4,362,000	4,362,000
Announcement Date	21/01/21	26/01/22	26/01/23	25/01/24	30/01/25	-	-	-