Analysis of Reportable Segments
Intel Corp. operates in 4 segments: Client Computing Group (CCG); Data Center and AI (DCAI); Network and Edge (NEX); and Intel Foundry.
Segment Profit Margin
Intel Corp., profit margin by reportable segment
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Client Computing Group (CCG) | 36.05% | 32.51% | 25.83% | — | — |
| Data Center and AI (DCAI) | 10.44% | 12.82% | 24.91% | — | — |
| Network and Edge (NEX) | 15.94% | 3.53% | 18.22% | — | — |
| Intel Foundry | -76.43% | -36.78% | -18.80% | — | — |
Based on: 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), 10-K (reporting date: 2020-12-26).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Client Computing Group (CCG) | Client Computing Group (CCG) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Data Center and AI (DCAI) | Data Center and AI (DCAI) segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Network and Edge (NEX) | Network and Edge (NEX) segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. | |
| Intel Foundry | Intel Foundry segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Client Computing Group (CCG)
Intel Corp.; Client Computing Group (CCG); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | 10,920) | 9,513) | 8,207) | —) | —) |
| Net revenue | 30,290) | 29,258) | 31,773) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 36.05% | 32.51% | 25.83% | — | — |
Based on: 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), 10-K (reporting date: 2020-12-26).
1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 10,920 ÷ 30,290 = 36.05%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Client Computing Group (CCG) | Client Computing Group (CCG) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Data Center and AI (DCAI)
Intel Corp.; Data Center and AI (DCAI); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | 1,338) | 1,620) | 4,198) | —) | —) |
| Net revenue | 12,817) | 12,635) | 16,856) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 10.44% | 12.82% | 24.91% | — | — |
Based on: 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), 10-K (reporting date: 2020-12-26).
1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 1,338 ÷ 12,817 = 10.44%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Data Center and AI (DCAI) | Data Center and AI (DCAI) segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Network and Edge (NEX)
Intel Corp.; Network and Edge (NEX); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | 931) | 204) | 1,532) | —) | —) |
| Net revenue | 5,842) | 5,774) | 8,409) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 15.94% | 3.53% | 18.22% | — | — |
Based on: 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), 10-K (reporting date: 2020-12-26).
1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × 931 ÷ 5,842 = 15.94%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Network and Edge (NEX) | Network and Edge (NEX) segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Profit Margin: Intel Foundry
Intel Corp.; Intel Foundry; segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (13,408) | (6,955) | (5,169) | —) | —) |
| Net revenue | 17,543) | 18,910) | 27,491) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -76.43% | -36.78% | -18.80% | — | — |
Based on: 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), 10-K (reporting date: 2020-12-26).
1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net revenue
= 100 × -13,408 ÷ 17,543 = -76.43%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Intel Foundry | Intel Foundry segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Net revenue
Intel Corp., net revenue by reportable segment
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Client Computing Group (CCG) | 30,290) | 29,258) | 31,773) | —) | —) |
| Data Center and AI (DCAI) | 12,817) | 12,635) | 16,856) | —) | —) |
| Network and Edge (NEX) | 5,842) | 5,774) | 8,409) | —) | —) |
| Intel Products | 48,949) | 47,667) | 57,038) | —) | —) |
| Intel Foundry | 17,543) | 18,910) | 27,491) | —) | —) |
| All other | 3,824) | 5,608) | 5,530) | —) | —) |
| Intersegment Eliminations | (17,215) | (17,957) | (27,005) | —) | —) |
| Total Consolidated | 53,101) | 54,228) | 63,054) | —) | —) |
Based on: 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), 10-K (reporting date: 2020-12-26).
Operating income (loss)
Intel Corp., operating income (loss) by reportable segment
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Client Computing Group (CCG) | 10,920) | 9,513) | 8,207) | —) | —) |
| Data Center and AI (DCAI) | 1,338) | 1,620) | 4,198) | —) | —) |
| Network and Edge (NEX) | 931) | 204) | 1,532) | —) | —) |
| Intel Products | 13,189) | 11,337) | 13,937) | —) | —) |
| Intel Foundry | (13,408) | (6,955) | (5,169) | —) | —) |
| All other | (84) | 1,079) | 1,174) | —) | —) |
| Corporate Unallocated | (11,218) | (5,165) | (5,633) | —) | —) |
| Intersegment Eliminations | (157) | (203) | (1,975) | —) | —) |
| Total Consolidated | (11,678) | 93) | 2,334) | —) | —) |
Based on: 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), 10-K (reporting date: 2020-12-26).