INTC · 10-Q · 2026Q3 · Full report

Escrowed Shares Valuation Loss

INTEL CORP · 2026-10-30 · Importance 44 · Surprise 24 · No source text

Intel recognized a $1.0 billion gain in Q3 2026 from the fair-value change in escrowed shares, driven by a quarterly decrease in its stock price. YTD 2026 included a $12.6 billion loss from the fair-value change, reflecting the year-to-date increase in Intel's share price. The related derivative liability was $13.7 billion at September 26, 2026, recorded in other accrued liabilities and other long-term liabilities. These valuation changes also affected interest and other, net, which included the $12.6 billion YTD loss.

Key facts

• The fair value of Intel’s Escrowed Shares derivative liability was $13.7 billion at September 26, 2026, compared with $2.7 billion at December 27, 2025. source
• In YTD 2026 Intel recognized a $12.6 billion loss from the net fair-value change in escrowed shares, driven by the year-to-date increase in Intel's stock price. source
• Intel recorded a $1.0 billion gain in the three months ended September 26, 2026 and a $12.6 billion loss in the nine months ended September 26, 2026 from changes in the fair value of Escrowed Shares. source
• The fair value of Intel's escrowed-shares derivative liability was $13.7 billion at the end of Q3 2026. source
• In Q3 2026 Intel recognized a $1.0 billion gain from the net fair-value change in escrowed shares released during the quarter and remaining in escrow at quarter-end, driven by a decrease in Intel's stock price. source
• Intel expects further gains or losses in future periods from escrowed shares, depending on future decreases or increases in its stock price. source

Impact estimates