INTC · 10-K · 2025A · Full report

Sales Arrangements and Order Flexibility

INTEL CORP · 2026-01-23 · Importance 15 · Surprise 6

Intel’s products are sold through global distribution channels and frequently on a purchase order basis, which allows customers to cancel, change or delay product purchase commitments with little or no notice and without penalty. The company may also enter into long-term supply arrangements, new product development agreements and private-label branding to provide different commercial terms when needed. Sales are routinely processed via electronic and web-based systems enabling customers to review inventory and track orders. Pricing may vary by order volume and Intel offers discounts, rebates and other incentives to drive product acceptance.

Key facts

• Because customers generally order via purchase order, they can typically cancel, change or delay product purchase commitments with little or no notice and without penalty.
• Intel recognizes revenue for combined performance obligations and standalone product sales at the time of product shipment from its facilities or delivery to the customer location per agreed shipping terms, with payment usually due 30 days after shipment or delivery.