Quarterly report [Sections 13 or 15(d)]

Consolidated Condensed Statements of Income

v3.25.2
Consolidated Condensed Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Income Statement [Abstract]        
Net revenue $ 12,859 $ 12,833 $ 25,526 $ 25,557
Cost of sales 9,317 8,286 17,312 15,793
Gross profit 3,542 4,547 8,214 9,764
Research and development 3,684 4,239 7,324 8,621
Marketing, general, and administrative 1,144 1,329 2,321 2,885
Restructuring and other charges 1,890 943 2,046 1,291
Operating expenses 6,718 6,511 11,691 12,797
Operating income (loss) (3,176) (1,964) (3,477) (3,033)
Gains (losses) on equity investments, net 502 (120) 390 85
Interest and other, net (95) 80 (268) 225
Income (loss) before taxes (2,769) (2,004) (3,355) (2,723)
Provision for (benefit from) taxes 255 (350) 556 (632)
Net income (loss) (3,024) (1,654) (3,911) (2,091)
Less: net income (loss) attributable to non-controlling interests (106) (44) (172) (100)
Net income (loss) attributable to Intel $ (2,918) $ (1,610) $ (3,739) $ (1,991)
Earnings (loss) per share attributable to Intel—basic (in dollars per share) $ (0.67) $ (0.38) $ (0.86) $ (0.47)
Earnings (loss) per share attributable to Intel—diluted (in dollars per share) $ (0.67) $ (0.38) $ (0.86) $ (0.47)
Weighted average shares of common stock outstanding:        
Basic (shares) 4,369 4,267 4,356 4,254
Diluted (shares) 4,369 4,267 4,356 4,254