Revenue Recovery Gaining Traction
Intel's Q1 2026 revenue rose 7.2% YoY to $13.58B from $12.67B, suggesting early signs of demand stabilization across its product segments after a prolonged downturn.
INTEL CORP is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Intel reported Q1 2026 revenue of $13.6B (+7.2% YoY) but swung to a deep operating loss of -$3.1B and net loss of -$3.7B, reflecting heavy restructuring and impairment charges that overwhelmed improving gross margins.
Drawn from management commentary in the Q1 2026 10-Q:
Intel's Q1 2026 revenue rose 7.2% YoY to $13.58B from $12.67B, suggesting early signs of demand stabilization across its product segments after a prolonged downturn.
Gross margin improved meaningfully to 39.4% from 36.9% a year ago (+2.5 percentage points), driven by a slower 2.9% YoY rise in cost of revenue versus the 7.2% revenue growth, indicating better manufacturing efficiency or product mix.
Operating income collapsed to -$3.14B from -$301M in Q1 2025, a -941.9% deterioration, likely driven by large restructuring, impairment, or one-time charges below the gross profit line rather than core business deterioration.
Revenue
$13.58B
++7.18% YoY
EPS (Basic)
$-0.73
-284.21% YoY
Gross Margin
39.4%
++2.50% YoY
Operating Income
$-3.14B
-941.86% YoY
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