Intel reported second-quarter 2026 results with revenue of $16.1 billion, a 25% year-over-year increase, and GAAP diluted loss per share of $(2.16). Non-GAAP diluted earnings per share were $0.42 and non-GAAP net income attributable to Intel was $2.2 billion. The company generated $7.0 billion in cash from operations and provided Q3 2026 guidance for revenue of $15.8–$16.8 billion and non-GAAP EPS of $0.38.

Financial Highlights

  • Revenue: $16.1 billion in Q2 2026, up 25% year-over-year ($12.9B in Q2 2025).
  • Gross profit: $6.509 billion with GAAP gross margin 40.4%; non-GAAP gross margin 41.8%.
  • Operating income (GAAP): $1.796 billion; GAAP operating margin 11.1%. Non-GAAP operating income: $2.770 billion; non-GAAP operating margin 17.2%.
  • Net income (loss) attributable to Intel (GAAP): $(11.033) billion; non-GAAP net income attributable to Intel: $2.197 billion.
  • Earnings per share (diluted): GAAP $(2.16); non-GAAP $0.42.

Business Highlights

  • Segment revenue momentum: Client Computing and Physical AI Group (CCPG) revenue $8.9 billion (up ~13% YoY); Data Center and AI (DCAI) revenue $6.3 billion (up ~59% YoY).
  • Intel Foundry revenue increased, with Intel Foundry reported at $5.8 billion for the quarter and the business advancing process technology including Intel 18A-P entering risk production.
  • Manufacturing and production milestones: high-volume manufacturing initiated for a subset of Core Ultra Series 3 processors using ASML EXE High NA EUV; Intel 18A-P met customer timelines and expanded platform capabilities.
  • Product and ecosystem developments: launched Xeon 6+ (first server class product on Intel 18A), introduced Arc G-Series for handheld gaming, expanded Core Ultra Series 3 adoption for edge AI and robotics, and introduced OpenVINO Physical AI framework.
  • Strategic investments and partnerships: announced €5 billion investment to expand manufacturing capacity for Xeon products, expanded Bowers campus mask operations, and announced collaborations with SambaNova, Foxconn, Siemens, Hitachi and others for AI and compute solutions.

Original SEC Filing:

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