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Mar 27, 2021
Intel Q1 2021 Earnings Report
Intel reported strong first-quarter results driven by exceptional demand and outstanding execution.
Key Takeaways
Intel reported first-quarter GAAP revenue of $19.7 billion, a 1% decrease year-over-year, and a GAAP EPS of $0.82. The company's CEO unveiled the new IDM 2.0 strategy and raised full-year 2021 guidance.
First-quarter GAAP revenue was $19.7 billion, down 1% year over year.
First-quarter GAAP earnings-per-share (EPS) was $0.82.
Intel CEO Pat Gelsinger unveiled the company's new, differentiated IDM 2.0 strategy.
Full-year 2021 guidance was raised, expecting GAAP revenue of $77.0 billion and GAAP EPS of $4.00.
Intel
Intel
Intel Revenue by Segment
Forward Guidance
Intel provided guidance for Q2 2021 and full year 2021, including GAAP and non-GAAP estimates for revenue, gross margin, tax rate, and earnings per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income