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Dec 31, 2022

Intel Q4 2022 Earnings Report

Intel's Q4 2022 financial performance declined due to economic and market headwinds, but strategic transformation progressed.

Key Takeaways

Intel reported Q4 2022 revenue of $14.0 billion, a 32% decrease year-over-year. The company experienced a GAAP loss per share of $(0.16) and a non-GAAP EPS of $0.10. Despite the challenges, Intel continued to advance its product roadmap and improve operational efficiency.

Fourth-quarter revenue was $14.0 billion, down 32 percent year-over-year.

Fourth-quarter earnings (loss) per share (EPS) was $(0.16); non-GAAP EPS was $0.10.

The company generated $7.7 billion in cash from operations and paid dividends of $1.5 billion.

Intel Foundry Services achieved record revenue for both the fourth quarter.

Total Revenue
$14B
Previous year: $20.5B
-31.6%
EPS
$0.1
Previous year: $1.09
-90.8%
Gross Profit
$5.5B
Previous year: $11B
-50.0%
Cash and Equivalents
$11.1B
Previous year: $4.83B
+130.9%
Free Cash Flow
$2B
Previous year: $11.3B
-82.2%
Total Assets
$182B
Previous year: $168B
+8.1%

Intel

Intel

Intel Revenue by Segment

Forward Guidance

Intel forecasts first-quarter 2023 revenue of $10.5 billion to $11.5 billion and expects a GAAP EPS of $(0.80) (non-GAAP EPS of $(0.15)).

Revenue & Expenses

Visualization of income flow from segment revenue to net income