INTC · 10-Q · 2026Q3 · Full report

Mobileye Goodwill Impairment

INTEL CORP · 2026-10-30 · Importance 52 · Surprise 42 · Matches filing data

Intel recorded a non-cash goodwill impairment charge of $3.9 billion in the first quarter of 2026, substantially all of which related to its Mobileye reporting unit. Intel cited a sustained decline in Mobileye’s market capitalization and a higher discount rate reflecting increased market-based and company-specific risk premiums, including geopolitical risk in the Middle East and uncertainty about competition and execution. Mobileye goodwill declined to $4.3 billion as of September 26, 2026, from $8.2 billion at December 27, 2025. The reporting unit’s estimated fair value exceeded its carrying value by less than the percentage omitted from the supplied text, and Intel said a higher discount rate could cause further impairment.

Key facts

• Intel recognized $3.9 billion in non-cash goodwill impairment charges in Q1 2026, substantially all related to the Mobileye reporting unit. source
• Intel recorded $3.9 billion of non-cash goodwill impairment charges in YTD 2026. source
• Intel's Mobileye reporting unit had $4.3 billion of recorded goodwill at September 26, 2026, down from $8.2 billion at December 27, 2025. source
• Intel stated that a 1% higher discount rate would have resulted in additional Mobileye goodwill impairment of approximately an amount omitted in the provided text in Q1 2026. source
• Intel's estimated fair value for the Mobileye reporting unit exceeded its carrying value by less than the percentage omitted in the provided text as of September 26, 2026. source
• Intel's YTD 2026 net loss attributable to non-controlling interests was driven by a non-cash goodwill impairment charge related to its Mobileye reporting unit in Q1 2026. source

Impact estimates