Filing Flows › Intel (INTC) › Q2 2025
Intel (INTC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Intel (INTC) reported revenue of $12.9B for the second quarter 2025 (Q2 2025), +0.2% from a year earlier and +2% from the quarter before. Operating margin was -24.7%, net loss $3.0B (23.5% of revenue).
Intel, Q2 2025: revenue $12.9B (+0.2% year over year), operating margin -24.7%, net loss $3.0B, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.9B | +2% | +0.2% |
| Operating profit | −$3.2B | — | — |
| Net earnings | −$3.0B | — | — |
| Operating cash flow | $2.0B | +152% | -11% |
What changed
Revenue was $12.9B in Q2 2025, roughly flat year over year and up 2% from the previous quarter.
Gross margin was 27.5%, down 7.9 points from a year earlier. Operating costs exceeded revenue by $3.2B, an operating margin of -24.7%. Operating expenses grew 3% against flat revenue. The fastest-growing cost line was Other operating costs (+100%). The quarter ended with a net loss of $3.0B, wider than the previous quarter's $0.89B loss. Minority interests bore $0.11B of it: to shareholders the quarter was a loss of $2.9B.
Operating cash flow was $2.0B (down 11% year over year). Non-cash charges added back $3.0B of depreciation and amortization and $0.66B of share-based compensation. Working capital and other items added $1.4B. Capital expenditures of $3.5B exceeded it, leaving free cash flow of −$1.5B.
Questions
What was Intel's revenue in the second quarter 2025?
Intel (INTC) reported revenue of $12.9B for the second quarter 2025 (Q2 2025), +0.2% from a year earlier and +2% from the quarter before.
Was Intel profitable in the second quarter 2025?
Operating loss was $3.2B (-24.7% of revenue) and net loss $3.0B.
Source: Intel 10-Q on SEC EDGAR.