Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

$24.99

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Intel Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 27, 2025 Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021
Client Computing Group (CCG)
Data Center and AI (DCAI)
Network and Edge (NEX)
Intel Products
Intel Foundry
All other
Intersegment eliminations
Net revenue

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25).


The financial performance reveals shifts in revenue contributions across different segments between 2022 and 2025. Overall net revenue experienced a decline during this period, although fluctuations occurred within individual business units.

Client Computing Group (CCG)
The Client Computing Group demonstrated initial growth from 2022 to 2023, increasing from US$31,773 million to US$32,305 million. This was followed by further growth to US$33,346 million in 2024, before decreasing to US$32,228 million in 2025. This segment appears to be relatively stable, with moderate fluctuations.
Data Center and AI (DCAI)
The Data Center and AI segment experienced a decrease in revenue from US$16,856 million in 2022 to US$15,980 million in 2023. A slight recovery was observed in 2024, reaching US$16,125 million, and continued into 2025 with revenue of US$16,919 million. This segment shows a recovery trend after an initial decline.
Network and Edge (NEX)
Revenue from the Network and Edge segment was reported as US$8,409 million in 2022. No further revenue figures are available for this segment beyond 2022.
Intel Products
Intel Products revenue decreased significantly from US$57,038 million in 2022 to US$48,285 million in 2023. Subsequent years showed modest increases, reaching US$49,471 million in 2024 and US$49,147 million in 2025. While there was some recovery, revenue remained below the 2022 level.
Intel Foundry
The Intel Foundry segment experienced a substantial decrease in revenue from US$27,491 million in 2022 to US$18,504 million in 2023. This downward trend continued to US$17,317 million in 2024, with a slight increase to US$17,826 million in 2025. This segment demonstrates a consistent decline, albeit slowing in the most recent year.
All Other
Revenue from all other segments decreased steadily from US$5,530 million in 2022 to US$3,563 million in 2025. This represents a consistent contraction in revenue contribution from this category.
Intersegment Eliminations
Intersegment eliminations were negative and increased in magnitude from -US$27,005 million in 2022 to -US$17,683 million in 2025. The decreasing magnitude suggests a potential shift in the level of internal transactions.
Net Revenue
Net revenue decreased from US$63,054 million in 2022 to US$52,853 million in 2025. The largest decline occurred between 2022 and 2023, with more moderate decreases in subsequent years. This indicates an overall negative trend in total revenue generation.

In summary, while some segments experienced modest growth or stabilization, the overall trend indicates a decline in net revenue. The Intel Foundry segment experienced the most significant decrease, while the Client Computing Group remained relatively stable. The Data Center and AI segment showed signs of recovery after an initial decline.