Q4 & FY 2020

Financial Results NASDAQ: INTC

Total Q4'20 Revenue

FY'20 Results

%

1

9

B

P

c

20

c

$

C

=

$ B

-

n

i

c

c

i

e

n

r

t

t

r

e

=

a

1% YoY

$

-

1

t

.

0

a

9

D

B

%

PC-centric

Client Computing Group (CCG)

Data-centric

Data Center Group (DCG)

Internet of Things Group (IOTG)

Mobileye (MBLY)

Non-Volatile Memory

Solutions Group (NSG)

Programmable Solutions

Group (PSG)

Non-GAAP EPS

Q4'20 = $1.52 Flat YoY

CCG

RECORD FULL

$77.9B

DCG

YEAR REVENUE

8% YoY

Fifth Consecutive Year of Record Revenue

IOTG

MBLY

FY'20 Revenue Records

NSG

PSG

CCG

DCG

MBLY

NSG

$10.9B 9% YoY

Q

RECORD $

35.4

B Cash from Operations

$6.1B

16

%

YoY

FY'20 Cash and

$777M

16

%

YoY

Shareholder Returns

$333M

39 YoY

$21.1B

$5.6B

$14.2B

%

Q

$1.2B

1

%

YoY

Free cash flow

Paid Dividends

Share Repurchases

$422M

16

%

YoY

Raising 2021 Dividend

5%

Non-GAAP EPS

FY'20 = $5.30 9% YoY

We significantly exceeded our expectations for the quarter, capping off our fifth consecutive record year. Demand for the computing performance Intel delivers remains very strong and our focus on growth opportunities is paying off. It has been an honor to lead this wonderful company, and I am proud of what we have achieved as a team. Intel is in a strong strategic and financial position as we make this leadership transition and take Intel to the next level.

- Bob Swan, Intel CEO

Highlights

Entered the discrete

AWS selects Habana

Gold release of Intel®

More than 150 11th Gen

graphics market

Gaudi™ AI processors

oneAPI now available

Intel® Core™ "Tiger Lake"

systems available

  1. Record quarter

2020 free cash flow ($21.1B) is GAAP cash from operations ($35.4B) minus additions to property, plant, and equipment ($14.3B). Q4 non-GAAP EPS ($1.52) is Q4 GAAP EPS ($1.42) after adjustment for acquisition-related adjustments (+$0.09), restructuring and other charges (+$0.02), ongoing mark-to-market on marketable equity securities (+$0.01), and income tax effect (-$0.02). FY'20 non-GAAP EPS ($5.30) is FY'20 GAAP EPS ($4.94) after adjustment for acquisition-related adjustments (+$0.33), restructuring and other charges (+$0.05), ongoing mark-to-market on marketable equity securities (+$0.03), and income tax effect (-$0.05). For a full explanation of these non-GAAP measures, see Intel's Q4 2020 earnings release at intc.com.

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Intel Corporation published this content on 21 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2021 20:57:05 UTC