Intel profit margin INTC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- −19.8%
- Operating margin, 12 months
- −0.1%
- Net margin on a year earlier
- +18.8 pts
- Peer median
- 31.2%
Over the twelve months to Jun 27, 2026, Intel kept −19.8% of its revenue as net profit, with an operating margin of −0.1% and a gross margin of 38.6%.
Five years earlier its net margin was 23.9%.
The median for 10 semiconductor stocks of a similar size is 31.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −0.5% | −4.2% | 34.8% |
| FY2024 | −35.3% | −22.0% | 32.7% |
| FY2023 | 3.1% | 0.2% | 40.0% |
| FY2022 | 12.7% | 3.7% | 42.6% |
| FY2021 | 25.1% | 24.6% | 55.4% |
| FY2020 | 26.8% | 30.4% | 56.0% |
| FY2019 | 29.2% | 30.6% | 58.6% |
| FY2018 | 29.7% | 32.9% | 61.7% |
| FY2017 | 15.3% | 28.8% | 62.3% |
| FY2016 | 17.4% | 21.7% | 60.9% |
| FY2015 | 20.6% | 25.3% | 62.6% |
| FY2014 | 20.9% | 27.5% | 63.7% |
| FY2013 | 18.3% | 23.3% | 59.8% |
| FY2012 | 20.6% | 27.4% | 62.1% |
| FY2011 | 24.0% | 32.4% | 62.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −19.8% | +18.8 pts | −0.1% | |
| Q1 FY26 | −5.9% | +30.3 pts | −9.4% | |
| Q4 FY25 | −0.5% | +34.8 pts | −4.2% | |
| Q3 FY25 | 0.4% | +29.8 pts | −4.5% | |
| Q2 FY25 | −38.6% | −40.4 pts | −22.8% | |
| Q1 FY25 | −36.2% | −43.5 pts | −20.6% | |
| Q4 FY24 | −35.3% | −38.4 pts | −22.0% | |
| Q3 FY24 | −29.4% | −26.3 pts | −17.5% | |
| Q2 FY24 | 1.8% | +3.5 pts | −0.8% | |
| Q1 FY24 | 7.4% | +12.4 pts | 0.9% | |
| Q4 FY23 | 3.1% | −9.6 pts | 0.2% | |
| Q3 FY23 | −3.1% | −22.2 pts | −6.9% |
Against its peers
Companies in Semiconductors nearest Intel's size, closest first, today.
| Company | Profit margin |
|---|---|
| INTCIntel | −19.8% |
| AMATApplied Materials | 30.1% |
| LRCXLam Research | 32.3% |
| TXNTexas Instruments | 34.3% |
| AMDAdvanced Micro Devices | 15.6% |
| MRVLMarvell Technology | 27.9% |
| MUMicron Technology | 63.8% |
| KLACKLA | 35.6% |
| ADIAnalog Devices | 29.8% |
| QCOMQUALCOMM | 21.0% |
| AVGOBroadcom | 42.9% |
| Peer median | 31.2% |
Where Intel ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Intel
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.