INTC · 10-Q · 2026Q3 · Full report
Restructuring and Impairment Charges
INTEL CORP · 2026-10-30 · Importance 77 · Surprise 82 · From source text
YTD 2026 restructuring and other charges totaled $4.294 billion, including $3.9 billion of non-cash goodwill impairment charges. Employee severance and benefit charges were $55 million in Q3 2026 and $290 million YTD, primarily related to the 2025 Restructuring Plan, compared with $146 million and $1.8 billion in the corresponding 2025 periods. The 2025 plan's substantial majority of actions were completed in 2025, with remaining actions expected to finish by Q4 2026; the 2024 plan was substantially complete by the end of 2025, with remaining actions also expected by Q4 2026. YTD 2025 asset impairment charges included costs from exiting non-core businesses and consolidating or exiting real estate properties.
Key facts
- Intel recorded $4.294 billion of restructuring and other charges in the nine months ended September 26, 2026, compared with $2.221 billion in the nine months ended September 27, 2025. source
- Intel recognized $3.9 billion in non-cash goodwill impairment charges in the first nine months of 2026. source
- Employee severance and benefit arrangement charges were $55 million in Q3 2026 and $290 million in YTD 2026, primarily related to Intel's 2025 Restructuring Plan. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -12.6% | Intel recorded $4.294 billion of restructuring and other charges in the nine months ended September 26, 2026, compared with $2.221 billion… |