Financials and Filings

Recent Highlight

Recent Highlights

Intel Reports Record Full-Year Revenue of $55.9 Billion

SANTA CLARA, Calif., January 15, 2015 -- Intel Corporation today reported full-year revenue of $55.9 billion, operating income of $15.3 billion, net income of $11.7 billion and EPS of $2.31. The company generated approximately $20.4 billion in cash from operations, paid dividends of $4.4 billion, and used $10.8 billion to repurchase 332 million shares of stock.

For the fourth-quarter, Intel posted revenue of $14.7 billion, operating income of $4.5 billion, net income of $3.7 billion and EPS of $0.74. The company generated approximately $5.8 billion in cash from operations, paid dividends of $1.1 billion and used $4.0 billion to repurchase 115 million shares of stock.

“The fourth quarter was a strong finish to a record year,” said Intel CEO Brian Krzanich. “We met or exceeded several important goals: reinvigorated the PC business, grew the Data Center business, established a footprint in tablets, and drove growth and innovation in new areas. There is more to do in 2015. We’ll improve our profitability in mobile, and keep Intel focused on the next wave of computing.”

Full-Year 2014 Business Unit Trends

• PC Client Group revenue of $34.7 billion, up 4 percent from 2013.

• Data Center Group revenue of $14.4 billion, up 18 percent from 2013.

• Internet of Things Group revenue of $2.1 billion, up 19 percent from 2013.

• Mobile and Communications Group revenue of $202 million, down 85 percent from 2013.

• Software and services operating segments revenue of $2.2 billion, up 1 percent from 2013.

Q4 Key Business Unit Trends

• PC Client Group revenue of $8.9 billion, down 3 percent sequentially and up 3 percent year-over-year.

• Data Center Group revenue of $4.1 billion, up 11 percent sequentially and up 25 percent year-over-year.

• Internet of Things Group revenue of $591 million, up 12 percent sequentially and up 10 percent year-over-year.

• Mobile and Communications Group negative revenue of $6 million, consistent with expectations.

• Software and services operating segments revenue of $557 million, flat sequentially and down 6 percent year-over-year.

Financial Comparison
Annual

2014

2013

vs. 2013

Revenue

$55.9 billion

$52.7 billion

up 6%

Gross Margin

63.7%

59.8%

up 3.9 points

R&D and MG&A

$19.7 billion

$18.7 billion

up 5%

Operating Income

$15.3 billion

$12.3 billion

up 25%

Tax Rate

25.9%

23.7%

up 2.2 points

Net Income

$11.7 billion

$9.6 billion

up 22%

Earnings Per Share

$2.31

$1.89

up 22%

Financial Comparison
Quarterly Year-Over-Year

Q4 2014

Q4 2013

vs. Q4 2013

Revenue

$14.7 billion

$13.8 billion

up 6%

Gross Margin

65.4%

62.0%

up 3.4 points

R&D and MG&A

$5.0 billion

$4.8 billion

up 4%

Operating Income

$4.5 billion

$3.5 billion

up 25%

Tax Rate

21.4%

26.1%

down 4.7 points

Net Income

$3.7 billion

$2.6 billion

up 39%

Earnings Per Share

74 cents

51 cents

up 45%

Financial Comparison
Quarterly Sequential

Q4 2014

Q3 2014

vs. Q3 2014

Revenue

$14.7 billion

$14.6 billion

up 1%

Gross Margin

65.4%

65.0%

up 0.4 point

R&D and MG&A

$5.0 billion

$4.8 billion

up 5%

Operating Income

$4.5 billion

$4.5 billion

down 2%

Tax Rate

21.4%

27.1%

down 5.7 points

Net Income

$3.7 billion

$3.3 billion

up 10%

Earnings Per Share

74 cents

66 cents

up 12%

2013 Highlights

Net Revenue
Diluted Earnings Per Share
Dividends Per Share Paid
Cash from Operations

Intel Corporation

Symbol: INTC
35.81 4:00 PM ET
01/26/15
-0.64 (-1.76%)
Volume 30.79 M
Market Cap 173.12 B
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