Intel Q2 Revenue Surges 25% YoY to $16.1B, Adjusted EPS Beats Estimates
Intel's Q2 2026 revenue rose 25% year-over-year to $16.1 billion. Adjusted EPS of $0.42 beat market expectations, and the company guided Q3 revenue to a range of $15.8 billion to $16.8 billion.
- Intel's Q2 2026 revenue rose 25% YoY to $16.1 billion, beating market estimates
- Shares initially surged but later fell 2.33% to $100.23 as of the report time
Intel reported fiscal Q2 2026 results on the 23rd (local time), posting revenue of $16.1 billion, up 25% year-over-year. As of 7:04 a.m. KST on the 24th, shares were trading at $100.23, down 2.33% from the previous close.
📊 Price at Time of Writing (July 24, 2026, 07:04 KST)
$100.23 ▼ -2.33%
Approx. ₩148,040 KRW (exchange rate: 1,477)
Q2 Results at a Glance
Intel beat market expectations on both revenue and adjusted EPS in the second quarter. The company attributed the strong results to growing data center and AI-related revenue, along with improved factory utilization and production speed. On a GAAP basis, however, Intel posted a net loss of $11.0 billion.
- Revenue: $16.1 billion, up 25% year-over-year
- Adjusted EPS (non-GAAP): $0.42 — $0.21 above the Wall Street consensus, according to Investing.com
- GAAP net loss per share: $2.16
- Operating margin: 11.1% on a GAAP basis (up from -24.7% a year earlier), 17.2% on an adjusted basis (up from -3.9%)
- Operating cash flow: $7.0 billion
Next Quarter Outlook
Intel guided third-quarter revenue to a range of $15.8 billion to $16.8 billion. The company expects GAAP EPS of $0.31 and adjusted EPS of $0.38. Intel CFO David Zinsner said the company is increasing investment in equipment, cleanroom capacity, and substrates to meet strong AI-related demand.
Market Reaction
Outlets including Bloomberg and Investor's Business Daily reported that Intel shares surged after the earnings release. They attributed the rally to Intel posting its fastest revenue growth rate in 15 years. As of 7:04 a.m. KST on the 24th, however, Intel shares were trading at $100.23, down 2.33% from the previous close, giving back some of those gains.
Segment Breakdown
- Intel Products (total): $15.1 billion, up 28% year-over-year
- Client Computing and Physical AI Group (CCPG): $8.9 billion, up 13% year-over-year
- Data Center and AI (DCAI): $6.3 billion, up 59% year-over-year
- Intel Foundry: $5.8 billion, up 31% year-over-year
- All Other: $700 million, down 33% year-over-year
This article was automatically generated based on the original SEC Form 8-K filing and wire reports, with the aim of delivering key data promptly after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time of writing and may differ from current levels.
INTCFrequently Asked Questions
Was Intel's latest quarter a good result or a bad one?
Revenue rose 25% year-over-year to $16.1 billion, and adjusted EPS beat market estimates. On a GAAP basis, however, Intel posted a net loss of $11.0 billion.
Why do the GAAP and adjusted (non-GAAP) figures differ?
GAAP figures are calculated according to official U.S. accounting standards. Non-GAAP (adjusted) figures exclude one-time costs and other items, and companies disclose them alongside GAAP results as a supplementary gauge of underlying business performance.
How did Intel's stock react to the earnings report?
Bloomberg and other outlets reported that shares surged immediately after the earnings release. As of 7:04 a.m. KST on the 24th, however, the stock was trading at $100.23, down 2.33% from the previous close.
What is Intel's outlook for next quarter?
Intel guided third-quarter revenue to a range of $15.8 billion to $16.8 billion. The company expects GAAP EPS of $0.31 and adjusted EPS of $0.38.
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