Intel Q4 2020 Earnings Report
Key Takeaways
Intel reported Q4 2020 revenue of $20.0 billion, exceeding guidance by $2.6 billion, and full-year revenue reached a record $77.9 billion. The company's Q4 EPS was $1.42 ($1.52 on a non-GAAP basis), surpassing guidance by 42 cents. Intel generated $9.9 billion in cash from operations and paid dividends of $1.4 billion during the quarter.
Fourth-quarter revenue was $20.0 billion, exceeding October guidance by $2.6 billion and down 1 percent year-over-year (YoY).
Full-year revenue set an all-time Intel record of $77.9 billion, up 8 percent YoY.
Delivered outstanding fourth-quarter earnings per share (EPS) of $1.42 ($1.52 on a non-GAAP basis, exceeding October guidance by 42 cents).
In 2020, Intel generated a record $35.4 billion cash from operations and $21.1 billion of free cash flow (FCF) and returned $19.8 billion to shareholders.
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Intel Revenue by Segment
Forward Guidance
Intel's guidance for the first quarter includes both GAAP and non-GAAP estimates. Our Non-GAAP measures exclude the NAND memory business, which is subject to a previously-announced pending sale.
Revenue & Expenses
Visualization of income flow from segment revenue to net income