Filing Flows › Intel (INTC) › Guidance history
Intel (INTC) guidance history: what it guided and what it reported
Intel gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 9 guided periods since reported, it met or beat its own guidance 8 times (89%). Revenue: 7 of 7, on average +6.5% against the guided midpoint. Its releases raised guidance once and lowered it once.
Revenue
Met or beat 7 of 7 periods (4 above, 3 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $15.0B–$16.0B (Oct 29, 2026) | — | to be reported | — |
| Q3 2026 | $15.8B–$16.8B (Jul 23, 2026) | $16.5B | within the range | +1.3% |
| Q2 2026 | $13.8B–$14.8B (Apr 23, 2026) | $16.1B | above the range | +12.8% |
| Q1 2026 | $11.7B–$12.7B (Jan 22, 2026) | $13.6B | above the range | +11.3% |
| Q4 2025 | $12.8B–$13.8B (Oct 23, 2025) | $13.7B | within the range | +2.8% |
| Q3 2025 | $12.6B–$13.6B (Jul 24, 2025) | $13.7B | above the range | +4.2% |
| Q2 2025 | $11.2B–$12.4B (Apr 24, 2025) | $12.9B | above the range | +9.0% |
| Q1 2025 | $11.7B–$12.7B (Jan 30, 2025) | $12.7B | within the range | +3.8% |
| Q4 2024 | $13.3B–$14.3B (Oct 31, 2024) | — | — | — |
| Q3 2024 | $12.5B–$13.5B (Aug 1, 2024) | — | — | — |
GAAP gross margin
Met or beat 1 of 1 periods (1 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | 37.1% (Oct 29, 2026) | — | to be reported | — |
| Q3 2026 | 41.0% (Jul 23, 2026) | 43.0% | above the range | +2.0 pts |
| Q2 2026 | 37.5% (Apr 23, 2026) | — | — | — |
| Q2 2025 | 34.3% (Apr 24, 2025) | — | — | — |
| Q1 2025 | 33.8% (Jan 30, 2025) | — | — | — |
| Q4 2024 | 36.5% (Oct 31, 2024) | — | — | — |
| Q3 2024 | 34.5% (Aug 1, 2024) | — | — | — |
| Q2 2024 | 40.2% (Apr 25, 2024) | — | — | — |
| Q1 2024 | 40.7% (Jan 25, 2024) | — | — | — |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2026 | 32.3% (Jan 22, 2026) | — | — | — |
| Q4 2025 | 34.5% (Oct 23, 2025) | — | — | — |
| Q3 2025 | 34.1% (Jul 24, 2025) | — | — | — |
Adjusted gross margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | 38.0% (Oct 29, 2026) | — | to be reported | — |
| Q3 2026 | 42.0% (Jul 23, 2026) | — | — | — |
| Q2 2026 | 39.0% (Apr 23, 2026) | — | — | — |
Operating expenses
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $16.0B (Apr 24, 2025) | — | to be reported | — |
| FY2025 | $17.5B (Aug 1, 2024) → lowered $17.0B (Apr 24, 2025) | — | — | — |
| FY2024 | $20.0B (Aug 1, 2024) | — | — | — |
Adjusted operating expenses
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $18.0B (Jul 24, 2025) | — | — | — |
| FY2026 | $16.0B (Jul 24, 2025) | — | to be reported | — |
The latest quarter
Intel, Q3 2026: revenue $16.5B (+21% year over year), operating margin 15.3%, net earnings $3.3B, operating cash flow $5.1B. The chart follows the revenue to costs, profit and cash.
Questions
Does Intel beat its guidance?
Intel gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 9 guided periods since reported, it met or beat its own guidance 8 times (89%). Revenue: 7 of 7, on average +6.5% against the guided midpoint.
How often does Intel raise guidance?
Its earnings releases raised guidance once and lowered it once since Jan 25, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.