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Dec 28, 2024

Intel Q4 2024 Earnings Report

Intel's Q4 2024 financial results were reported, with revenue, gross margin, and EPS exceeding guidance.

Key Takeaways

Intel reported a Q4 2024 revenue of $14.3 billion, a 7% decrease year-over-year. The company's earnings per share (EPS) attributable to Intel was $(0.03), while the non-GAAP EPS was $0.13. The company is forecasting Q1 2025 revenue of $11.7 billion to $12.7 billion.

Q4 revenue was $14.3 billion, down 7% year-over-year.

Full-year revenue was $53.1 billion, down 2% year-over-year.

Q4 EPS attributable to Intel was $(0.03); non-GAAP EPS was $0.13.

Forecasting Q1 2025 revenue of $11.7 billion to $12.7 billion.

Total Revenue
$14.3B
Previous year: $15.4B
-7.4%
EPS
$0.13
Previous year: $0.54
-75.9%
Gross Profit
$5.58B
Previous year: $7.05B
-20.8%
Cash and Equivalents
$8.25B
Previous year: $7.08B
+16.5%
Free Cash Flow
-$2.67B
Previous year: -$2.07B
+28.8%
Total Assets
$196B
Previous year: $192B
+2.6%

Intel

Intel

Intel Revenue by Segment

Forward Guidance

Intel's guidance for the first quarter of 2025 includes revenue of $11.7-12.7 billion, gross margin of 33.8% (GAAP) and 36.0% (non-GAAP), and EPS of $(0.27) (GAAP) and $0.00 (non-GAAP).

Revenue & Expenses

Visualization of income flow from segment revenue to net income