INTC · News · 20261104N

Revenue Performance and Mix

INTEL CORP · 2026-11-04 · Importance 69 · Surprise 48 · No source text

Intel reported third-quarter 2026 revenue of $16.5 billion, up 21% year over year, and adjusted earnings of $0.52 per share. Data Center and AI revenue rose 78%, its strongest growth in 15 years. Intel forecast fourth-quarter revenue of $15 billion to $16 billion and adjusted earnings of $0.25 per share, below analysts’ expectations of about $17.1 billion and $0.43 per share. The reported outlook reflected a PC market expected to remain weak through at least the first half of 2027.

Key facts

• Intel expects fourth-quarter revenue of $15 billion to $16 billion and adjusted earnings of 25 cents a share; analysts had expected about $17.1 billion and 43 cents. source
• Intel generated $16.5 billion in revenue, up 21% year over year, in results reported the week before Nov. 4, 2026. source
• Intel's third-quarter revenue rose 21% to $16.5 billion, and adjusted earnings were 52 cents a share, ahead of analysts' roughly 40-cent expectation. source
• An Oct. 14 explosion at Intel's Israel plant is expected to cost about $300 million in fourth-quarter revenue. source
• Intel shares fell about 47% over the past month, a slide tied to a fourth-quarter forecast below Wall Street estimates. source
• Intel shares fell nearly 29% on Friday, their worst day since 1974, and were down about 48% since Oct. 6, 2026. source
• Intel's disappointing fourth-quarter guidance followed its third-quarter earnings beat and was followed by analyst downgrades and significant shareholder losses. source

Impact estimates