INTEL CORPORATION INTC Income Statement

Intel corporation (INTC)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Net revenue
19,828	20,209	19,190	16,505	16,061	18,657	19,163	16,962	16,066	17,053	16,149	14,763	14,796	16,374	15,778	13,533	13,702	14,914	14,465	13,195	12,781	14,721	14,554	13,831	12,764	13,834	13,483	12,811	12,580	13,477	13,457	13,501	12,906	13,887	14,233	13,032	12,847	11,457	11,102	10,765	10,299	10,569	9,389	8,024	7,145	10,217	9,470
Cost of sales
7,812	8,331	7,895	6,627	6,972	7,430	6,803	6,543	6,335	6,275	6,085	5,667	5,636	6,227	5,795	5,560	5,572	5,324	5,354	4,947	5,051	5,100	5,096	4,914	5,151	5,263	5,069	5,341	5,514	5,660	4,942	4,947	4,641	4,935	5,215	5,130	4,962	4,051	3,781	3,530	3,770	3,729	3,985	3,945	3,907	4,198	4,221
Gross margin
12,016	11,878	11,295	9,878	9,089	11,227	12,360	10,419	9,731	10,778	10,064	9,096	9,160	10,147	9,983	7,973	8,130	9,590	9,111	8,248	7,730	9,621	9,458	8,917	7,613	8,571	8,414	7,470	7,066	7,817	8,515	8,554	8,265	8,952	9,018	7,902	7,885	7,406	7,321	7,235	6,529	6,840	5,404	4,079	3,238	6,019	5,249
Research and development
3,275	3,384	3,208	3,438	3,332	3,433	3,428	3,371	3,311	3,253	3,209	3,262	3,311	3,225	3,069	3,145	3,246	3,119	2,927	3,087	2,995	2,990	2,842	2,859	2,846	2,826	2,742	2,516	2,527	2,629	2,605	2,513	2,401	2,308	2,140	1,986	1,916	1,671	1,675	1,666	1,564	1,603	1,430	1,303	1,317	1,471	1,468
Marketing, general and administrative
1,541	1,492	1,486	1,589	1,583	1,520	1,605	1,725	1,900	1,842	1,661	1,850	2,099	2,138	2,006	2,007	2,226	2,118	1,910	1,949	1,953	2,049	1,979	2,061	2,047	2,006	1,970	2,165	1,947	1,958	1,995	2,131	1,973	1,973	2,017	1,905	1,775	1,705	1,506	1,584	1,514	2,718	1,320	2,695	1,198	1,415	1,430
Restructuring and other charges
162	105	104	184	0	-	-72	0	-	195	4	105	80	-42	372	1,414	0	-13	14	248	105	57	20	81	137	116	124	0	0	-	0	-	-	-	-	-	-	-	-	-	-	3	63	91	74	34	96
Amortization of acquisition-related intangibles
-	-	50	50	-	50	50	50	50	53	49	37	38	41	74	89	90	67	68	68	62	-142	77	72	287	-	-	-	-	-	268	-	-	-	-	-	-	-	-	-	-	19	12	2	2	1	-
Operating expenses
4,978	5,081	4,848	5,261	4,915	5,003	5,011	5,146	5,261	5,343	4,923	5,254	5,528	5,362	5,521	6,655	5,562	5,291	4,919	5,352	5,115	5,168	4,918	5,073	5,103	5,022	4,910	4,751	4,547	4,662	4,674	4,722	4,455	4,353	4,233	3,967	3,727	3,383	3,185	3,254	3,081	4,343	2,825	4,091	2,591	2,921	2,994
Operating income
7,038	6,797	6,447	4,617	4,174	6,224	7,349	5,273	4,470	5,435	5,141	3,842	3,632	4,785	4,462	1,318	2,568	4,299	4,192	2,896	2,615	4,453	4,540	3,844	2,510	3,549	3,504	2,719	2,519	3,155	3,841	3,832	3,810	4,599	4,785	3,935	4,158	4,023	4,136	3,981	3,448	2,497	2,579	-12	647	3,098	2,255
Equity Securities, FV-NI, Gain (Loss)
-111	-	-	-	434	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (losses) on equity investments, net
-	-	318	170	-	-490	-75	-203	643	1,211	846	342	252	18	-12	478	22	18	165	100	32	233	35	95	48	34	452	11	-26	60	53	47	-19	17	92	-25	28	185	126	76	-39	5	-59	-44	-72	-365	-43
Interest and other, net
-313	654	-46	-63	-61	-99	-132	459	-102	-611	-57	388	-69	-363	-132	-126	-82	-14	-104	-13	26	-27	-25	-17	112	-32	-32	-37	-50	-11	27	55	23	-29	15	21	185	31	38	11	29	5	32	31	95	131	167
Gains (losses) on other equity investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-49	117	8	-	-20	-25	-41	-31	-66
Income before taxes
6,614	8,068	6,719	4,724	4,547	5,635	7,142	5,529	5,011	6,035	5,930	4,572	3,815	4,440	4,318	1,670	2,508	4,303	4,253	2,983	2,673	4,659	4,550	3,922	2,670	3,551	3,924	2,693	2,443	3,204	3,921	3,934	3,814	4,587	4,892	3,931	4,371	4,163	4,251	4,185	3,446	2,593	2,532	-50	629	2,833	2,313
Provision for taxes
953	1,163	729	545	573	440	744	523	557	6,722	1,414	1,764	851	878	940	340	462	690	1,144	277	681	998	1,233	1,126	740	926	974	693	398	736	949	1,107	1,076	1,227	1,424	977	1,211	983	1,296	1,298	1,004	311	676	348	0	819	712
Net Income (Loss) Attributable to Parent
5,661	6,905	5,990	4,179	3,974	5,195	6,398	5,006	4,454	-687	4,516	2,808	2,964	3,562	3,378	1,330	2,046	3,613	3,109	2,706	1,992	3,661	3,317	2,796	1,930	2,625	2,950	2,000	2,045	2,468	2,972	2,827	2,738	3,360	3,468	2,954	3,160	3,180	2,955	2,887	2,442	2,282	1,856	-398	629	2,014	1,601
Earnings per share - Basic (in dollars per share)
1.33	1.59	1.36	0.94	0.88	1.14	1.40	1.08	0.95	-0.15	0.96	0.60	0.63	0.76	0.71	0.28	0.43	0.77	0.65	0.57	0.42	0.76	0.68	0.56	0.39	0.54	0.59	0.40	0.41	0.50	0.59	0.56	0.55	0.65	0.67	0.56	0.58	0.57	0.53	0.52	0.44	0.41	0.34	-0.07	0.11	0.36	0.28
Earnings per share - Diluted (in dollars per share)
1.31	1.57	1.35	0.92	0.87	1.12	1.38	1.05	0.93	-0.14	0.94	0.58	0.61	0.74	0.69	0.27	0.42	0.73	0.64	0.55	0.41	0.72	0.66	0.55	0.38	0.52	0.58	0.39	0.40	0.48	0.58	0.54	0.53	0.64	0.65	0.54	0.56	0.55	0.52	0.51	0.43	0.40	0.33	-0.07	0.11	0.35	0.28
Cash dividends declared per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.54	0.00	0.53	-	0.52	0.00	0.52	-	0.48	0.00	0.48	-	0.45	0.00	0.45	-	0.45	0.00	0.45	-	0.45	0.00	0.42	-	0.42	0.00	0.36	-	0.31	0.00	0.31	-	0.28	0.00	0.28	0.28	0.00
Weighted average shares of common stock outstanding:
Basic (shares)
4,266	4,319	4,391	4,466	4,492	4,547	4,574	4,649	4,674	4,683	4,688	4,710	4,723	4,735	4,734	4,729	4,722	4,721	4,747	4,759	4,741	4,769	4,880	4,981	4,974	4,973	4,981	4,978	4,948	4,967	4,996	5,022	4,999	5,084	5,194	5,294	5,452	5,553	5,575	5,563	5,529	5,523	5,537	5,595	5,573	5,603	5,699
Diluted (shares)
4,312	4,372	4,433	4,523	4,564	4,619	4,648	4,747	4,790	4,793	4,821	4,845	4,881	4,882	4,877	4,866	4,875	4,877	4,876	4,909	4,914	4,939	5,045	5,123	5,117	5,102	5,100	5,106	5,080	5,096	5,153	5,199	5,192	5,257	5,340	5,441	5,606	5,698	5,694	5,711	5,681	5,735	5,616	5,595	5,634	5,692	5,800