Intel

INTC Q2 2025 Earnings

Reported Jul 24, 2025 at 4:04 PM ET · SEC Source

Q2 25 EPS

$-0.10

MISS 1,175.27%

Est. $0.01

Q2 25 Revenue

$12.86B

BEAT +8.22%

Est. $11.88B

vs S&P Since Q2 25

+348.5%

BEATING MARKET

INTC +361.6% vs S&P +13.1%

Market Reaction

Did INTC Beat Earnings? Q2 2025 Results

Intel's second quarter told a split story: revenue came in at $12.86 billion, beating the $11.88 billion consensus by 8.22% and holding essentially flat year-over-year, yet the company posted an adjusted loss of $0.10 per share against an expected ga… Read more Intel's second quarter told a split story: revenue came in at $12.86 billion, beating the $11.88 billion consensus by 8.22% and holding essentially flat year-over-year, yet the company posted an adjusted loss of $0.10 per share against an expected gain of roughly $0.01, a miss of more than 1,175%. The culprit was a wave of one-time charges, $1.90 billion in restructuring costs tied to a 15% workforce reduction, roughly $800 million in non-cash impairment and accelerated depreciation on excess tools, and $200 million in additional period costs, that collectively overwhelmed the operating picture. CEO Lip-Bu Tan framed the quarter as early evidence of improved execution, pointing to Intel 18A production wafers now running in Arizona and Panther Lake on track to ship this year, even as rival CPU share gains from AMD underscore the competitive pressure Intel faces. Looking ahead, Intel guided Q3 revenue of $12.60 billion to $13.60 billion with non-GAAP EPS at breakeven, suggesting investors should watch whether the turnaround gains traction in the coming quarters.

Key Takeaways

  • Solid demand across the business
  • DCAI revenue up 4% YoY driven by data center and AI demand
  • Restructuring actions reducing operating expenses — non-GAAP R&D and MG&A down 13% YoY
  • Gains on equity investments of $502 million partially offset operating losses
24/7 Wall St

INTC YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

INTC Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Our operating performance demonstrates the initial progress we are making to improve our execution and drive greater efficiency. We are laser-focused on strengthening our core product portfolio and our AI roadmap to better serve customers. We are also taking the actions needed to build a more financially disciplined foundry. It's going to take time, but we see clear opportunities to enhance our competitive position, improve our profitability and create long-term shareholder value.”

— Lip-Bu Tan, Q2 2025 Earnings Press Release