Recent Highlight
Recent Highlights
$54 Billion in Annual Revenue Up 24 Percent, $2.39 in Annual EPS Up 19 Percent
$18 Billion in Dividends, Buybacks Returned to Stockholders
SANTA CLARA, Calif., Jan. 19, 2012 – Intel Corporation today reported full-year revenue of $54 billion, operating income of $17.5 billion, net income of $12.9 billion and EPS of $2.39 -- all records. The company generated approximately $21 billion in cash from operations, paid dividends of $4.1 billion and used $14.1 billion to repurchase 642 million shares of stock.
For the fourth quarter, Intel posted revenue of $13.9 billion, operating income of $4.6 billion, net income of $3.4 billion and EPS of 64 cents. The company generated approximately $6.6 billion in cash from operations, paid dividends of $1.1 billion and used $4.1 billion to repurchase 174 million shares of stock.
"2011 was an exceptional year for Intel," said Paul Otellini, Intel president and CEO. "With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we're excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets."
| Non-GAAP Financial Comparison | |||
| Annual | |||
2011 |
2010 |
vs. 2010 |
|
| Revenue | $54.2 billion | $43.6 billion | up 24% |
| Gross Margin | 63.6% | 65.5% | down 1.9 pts. |
| Operating Income | $18.4 billion | $15.7 billion | up 18% |
| Net Income | $13.7 billion | $11.5 billion | up 19% |
| Earnings Per Share | $2.53 | $2.02 | up 25% |
Non-GAAP results exclude certain acquisition accounting impacts and expenses related to acquisitions and the related income tax effects of these charges. Also, McAfee Inc. and Intel Mobile Communications contributed revenue of approximately $3.6 billion in 2011 and were not included in the results for 2010.
| GAAP Financial Comparison | |||
| Annual | |||
2011 |
2010 |
vs. 2010 |
|
| Revenue | $54.0 billion | $43.6 billion | up 24% |
| Gross Margin | 62.5% | 65.3% | down 2.8 pts. |
| Operating Income | $17.5 billion | $15.6 billion | up 12% |
| Net Income | $12.9 billion | $11.5 billion | up 13% |
| Earnings Per Share | $2.39 | $2.01 | up 19% |
| Non-GAAP Financial Comparison | |||
| Quarterly | |||
Q4 2011 |
Q4 2010 |
vs. Q4 2010 |
|
| Revenue | $13.9 billion | $11.5 billion | up 22% |
| Gross Margin | 65.5% | 64.8% | up 0.7 pts. |
| Operating Income | $4.8 billion | $4.0 billion | up 20% |
| Net Income | $3.5 billion | $3.2 billion | up 11% |
| Earnings Per Share | 68 cents | 56 cents | up 21% |
Non-GAAP results exclude certain acquisition accounting impacts and expenses related to acquisitions and the related income tax effects of these charges. Also, McAfee Inc. and Intel Mobile Communications contributed revenue of approximately $1 billion in Q4 '11 and were not included in the results for Q4 '10.
| GAAP Financial Comparison | |||
| Quarterly | |||
Q4 2011 |
Q4 2010 |
vs. Q4 2010 |
|
| Revenue | $13.9 billion | $11.5 billion | up 21% |
| Gross Margin | 64.5% | 64.6% | down 0.1 pts. |
| Operating Income | $4.6 billion | $4.0 billion | up 14% |
| Net Income | $3.4 billion | $3.2 billion | up 6% |
| Earnings Per Share | 64 cents | 56 cents | up 14% |
Q4 and 2011 Key Financial Information (GAAP)
Q4 Business unit revenue:
- PC Client Group revenue of $9 billion, up 17 percent year-over-year.
- Data Center Group revenue of $2.7 billion, up 8 percent year-over-year.
- Other Intel® architecture group revenue of $1.1 billion, up 35 percent year-over-year.
- Intel® Atom™ microprocessor and chipset revenue of $167 million, down 57 percent year-over-year
- McAfee Inc. and Intel Mobile Communications contributed revenue of approximately $1 billion.
Full Year Business unit revenue:
- PC Client Group had revenue of $35.4 billion, up 17% from 2010.
- Data Center Group had revenue of $10.1 billion, up 17% from 2010.
- Other Intel architecture group had revenue of $5.0 billion, up 64% from 2010.
- Intel Atom microprocessor and chipset revenue of $1.2 billion, down 25% from 2010.
- McAfee Inc. and Intel Mobile Communications contributed revenue of $3.6 billion.
2010 Highlights
2009 Highlights
Net Revenue

Diluted Earnings Per Share

Geographic Breakdown of Revenue

Dividends Per Share Paid

Capital Additions to Propery, Plant and Equipment

Research and Development



