Intel Corporation (INTC)财务
NASDAQ · Technology · Semiconductors · 员工85,100人 · CEO Lip-Bu Tan
- 股价
- $65.76 -28.58%
- 市值
- $3480亿
- 企业价值
- $3760亿
- 最近财报
- Q3 '26 2026-10-30提交
- 下次财报
- 2027-01-28 EPS预期 $0.29
营收(TTM)$599亿+12.1% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)3.2%+7.7 百分点 对比去年同期营业利润 $19.2亿
净利润(TTM)-$120亿-6,176.8% 对比去年同期税后,含营业外收益
自由现金流(TTM)$37.7亿+144.8% 对比去年同期资本支出 $137亿
稀释EPS(TTM)-$2.41-22,414.8% 对比去年同期最近4个季度之和
净现金$38.7亿+124.8% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $3480亿 EV $3760亿
- 营收
- $599亿 过去12个月
- 营收增速
- +18% FY2026年一致预期
- 净利润率
- -20.1% 净利润 / 营收,TTM
- P/E
- -27.6× 预期 43.6×(FY2026)
- P/S
- 5.8× 股价 / 营收,TTM
- EV / EBITDA
- 111.8× TTM
- 自由现金流
- $37.7亿 过去12个月
- 净利润
- -$120亿 过去12个月
- 营收预期
- $623亿 FY2026年一致预期
- 盈利
- 2027-01-28 营收预期 $160亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收符合预期,EPS 超预期27.9%营收$165亿,预期$166亿(-0.3%);EPS $0.52,预期$0.41(+27.9%)。
- 营收增长加速:同比20.9%Q3 '26营收$165亿,此前四个季度的平均值为7.8%。
- 营业利润率3.2%(TTM),较去年同期+7.7 百分点营收增长12.1%,营业利润增长180.5%。
- 资本支出占营收的22.9%(去年为31.8%)最近4个季度投入$137亿(同比-19.4%)。自由现金流$37.7亿。
- 股东回报$150亿 = 自由现金流的396.9%回购$6.17亿(去年为$1.81亿),股息$143亿,股权激励$24.3亿(TTM)。 超过自由现金流:由现金储备或举债支付。
- 稀释股数一年内增加17.1%Q3 '26稀释股数53.1亿,一年前为45.3亿。
- 净现金 $38.7亿现金 + 短期投资 $540亿,含租赁债务 $501亿;一年前净债务 $156亿。
上一季度:Q3 '26
截至2026-09-26的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $165亿 | $137亿 | +20.9% |
| 毛利率 | 43.0% | 38.2% | +4.8 百分点 |
| 营业利润 | $25.2亿 | $6.83亿 | +269.3% |
| 营业利润率 | 15.3% | 5.0% | +10.3 百分点 |
| 净利润 | $33.2亿 | $40.6亿 | -18.3% |
| 稀释EPS | $0.60 | $0.90 | -33.3% |
| 经营现金流 | $50.8亿 | $25.5亿 | +99.6% |
| 资本支出 | $40.2亿 | $24.3亿 | +65.9% |
| 自由现金流 | $10.6亿 | $1.21亿 | +774.4% |
| R&D | $34.9亿 | $32.3亿 | +8.0% |
| 股权激励费用 | $5.87亿 | $5.48亿 | +7.1% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $165亿 | $166亿 | -0.3% |
| EPS(一致预期口径) | $0.52 | $0.41 | +27.9% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| CCPG | – | – | – | – | – | |
| Client Computing Group | – | – | – | – | – | |
| Data Center Group | $73.2亿 | +77.8% | 34.9% | – | – | |
| Intel Foundry Services | $67亿 | +58.1% | 31.9% | – | – | |
| Intersegment Eliminations | $62.9亿 | +248.8% | 30.0% | – | – | |
| DCAI | – | – | – | – | – | |
| Intel Foundry | – | – | – | – | – | |
| Intersegment eliminations | – | – | – | – | – | |
| Other Segments | $6.92亿 | -30.3% | 3.3% | – | – | |
| All Other | – | – | – | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Client Computing Group | – | – | – | – | – | – | – |
| Datacenter And AI | – | – | $30.4亿 | +215.2% | – | – | $83.1亿 |
| Network And Edge | – | – | – | – | – | – | – |
| Client Computing Group Datacenter And AI And Network And Edge | – | – | $53.2亿 | +45.5% | – | – | $177亿 |
| Intel Foundry | – | – | -$18.5亿 | +20.2% | – | – | -$88.9亿 |
| Altera | – | – | – | – | – | – | – |
| Mobileye | – | – | – | – | – | – | – |
| All other segments | – | – | $1.79亿 | +79.0% | – | – | $5.03亿 |
| Altera Mobileye And Other | – | – | – | – | – | – | – |
| Corporate (unallocated) | – | – | -$10.6亿 | -35.3% | – | – | -$82.8亿 |
| Client Computing And Physical AI Group | – | – | $22.9亿 | -15.2% | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $175亿
- 资本支出
- -$137亿
- 股票回购
- -$6.17亿
- 股息
- -$143亿
- 收购
- -$5.96亿
- 债务净发行
- $5.07亿
- 股权激励费用
- $24.3亿
- 自由现金流
- $37.7亿
- 股东回报 / FCF
- 396.9%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -27.6× | 49.9× 5年中的3年 | 10.5× – 125.6× |
| EV / EBITDA | 111.8× | 31.5× | 6.5× – 106.9× |
| EV / 营收 | 6.3× | 3.3× | 2.2× – 4.7× |
| 股价 / FCF | 92.3× | 22.8× 5年中的1年 | 22.8× – 22.8× |
| 股价 / 净资产 | 3.0× | 1.5× | 0.9× – 2.2× |
| FCF收益率 | 1.1% | -6.4% | -18.0% – 4.4% |
| 投入资本回报率 | 1.0% | 1.3% | -7.1% – 12.2% |
| 净资产收益率 | -11.2% | 2.2% | -18.9% – 20.8% |
分析师
一致目标价 $113.07 (+71.9%)
区间 $70.00 – $200.00 · 评级 Hold
强烈买入0
买入32
持有49
卖出6
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $623亿 | +18.0% | $1.51 | +2,661.4% | 43.6× | 19 |
| FY2027 | $705亿 | +13.1% | $1.88 | +24.6% | 35.0× | 27 |
| FY2028 | $847亿 | +20.0% | $3.12 | +66.1% | 21.1× | 16 |
| FY2029 | $1010亿 | +19.0% | $4.65 | +49.0% | 14.1× | 9 |
| FY2030 | $1270亿 | +26.3% | $6.77 | +45.5% | 9.7× | 9 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Intel Corp.在近期10-Q / 10-K文件中标记的全部344项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $88.3亿 | $103亿 | -14.0% | $98.8亿 | $126亿 | -21.3% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $40.9亿 | $32亿 | +27.8% | $38.4亿 | $34.8亿 | +10.4% |
| Accounts Receivable, Sale | $0 | $8亿 | -100.0% | $26亿 | $23亿 | +13.0% |
| Accrued Income Taxes, Current | $6.04亿2025-12-27 | $17.6亿 | -65.6% | $6.04亿 | $17.6亿 | -65.6% |
| Accrued Income Taxes, Noncurrent | $15亿2025-12-27 | $16亿 | -6.3% | $15亿 | $16亿 | -6.3% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1080亿2026-03-28 | $1030亿 | +4.7% | $934亿2022-12-31 | $853亿 | +9.5% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$2.32亿 | $1900万 | -1,321.1% | $1.13亿 | -$7.11亿 | +115.9% |
| Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities | $15.6亿 | -$17.2亿 | +190.6% | $96.7亿 | $275亿 | -64.9% |
| Advertising Expense | – | – | – | $6.1亿 | $8.56亿 | -28.7% |
| Amortization of Intangible Assets | $1.9亿 | $2.34亿 | -18.8% | $9.49亿 | $14.3亿 | -33.5% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 7000万2026-06-27 | 0 | – | 1.53亿 | 1.14亿 | +34.2% |
| APIC, Share-based Payment Arrangement, ESPP, Increase for Cost Recognition | $3.09亿 | $2.86亿 | +8.0% | $7.71亿 | $9.88亿 | -22.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $5.96亿 | $5.48亿 | +8.8% | $24.3亿 | $33.7亿 | -27.7% |
| Asset Impairment Charges | -$2300万 | -$400万 | -475.0% | $5.22亿 | $36.3亿 | -85.6% |
| Assets | $2290亿 | $2050亿 | +11.8% | $2110亿 | $1960亿 | +7.6% |
| Assets for Plan Benefits, Defined Benefit Plan | $2.17亿2025-12-27 | $1.35亿 | +60.7% | $2.17亿 | $1.35亿 | +60.7% |
| Assets, Current | $826亿 | $517亿 | +59.6% | $637亿 | $473亿 | +34.6% |
| Assets, Fair Value Disclosure | $382亿2025-12-27 | $233亿 | +64.1% | $382亿 | $233亿 | +64.1% |
| Capital Expenditures Incurred but Not yet Paid | $6700万 | -$8700万 | +177.0% | $49.5亿 | $81.3亿 | -39.1% |
| Cash and Cash Equivalents, at Carrying Value | $218亿 | $111亿 | +96.1% | $143亿 | $82.5亿 | +72.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $147亿2025-12-27 | $82.5亿 | +78.3% | $147亿 | $82.5亿 | +78.3% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $224亿 | $111亿 | +101.0% | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $88亿 | $14.5亿 | +507.8% | $64.6亿 | $11.7亿 | +452.4% |
| Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments | -$4.08亿 | $3600万 | -1,233.3% | – | – | – |
| Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge | $4.08亿 | -$3600万 | +1,233.3% | -$3.16亿 | $400万 | -8,000.0% |
| Commercial Paper | $02025-12-27 | $0 | – | $0 | $0 | – |
| Common Stock, Dividends, Per Share, Declared | – | – | – | $0.382024-12-28 | $0.74 | -48.6% |
| Common Stock, Par or Stated Value Per Share | $0.002025-12-27 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 100亿2025-12-27 | 100亿 | 0.0% | 100亿 | 100亿 | 0.0% |
| Common Stock, Shares, Issued | 53.1亿 | 47.7亿 | +11.4% | 49.9亿 | 43.3亿 | +15.3% |
| Common Stock, Shares, Outstanding | 53.1亿 | 47.7亿 | +11.4% | 49.9亿 | 43.3亿 | +15.3% |
| Common Stocks, Including Additional Paid in Capital | $782亿 | $568亿 | +37.7% | $652亿 | $509亿 | +27.9% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $2亿 | $2.07亿 | -3.4% | $2.93亿 | -$4.77亿 | +161.4% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $31.7亿 | $40.2亿 | -21.1% | $5.57亿 | -$193亿 | +102.9% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $33.7亿 | $42.2亿 | -20.3% | $8.5亿 | -$197亿 | +104.3% |
| Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure | – | – | – | $14亿2024-12-28 | – | – |
| Cost of Goods and Services Sold | $94.2亿 | $84.4亿 | +11.6% | $345亿 | $358亿 | -3.6% |
| Costs and Expenses | $140亿 | $130亿 | +7.9% | $551亿 | $648亿 | -15.0% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3.1亿 | $6亿 | -48.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $9.1亿 | $13.6亿 | -33.3% |
| Current Income Tax Expense (Benefit) | – | – | – | $12亿 | $19.6亿 | -38.5% |
| Current State and Local Tax Expense (Benefit) | – | – | – | -$1800万 | -$800万 | -125.0% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $3.84亿2025-12-27 | $3.92亿 | -2.0% | $3.84亿 | $3.92亿 | -2.0% |
| Debt Securities, Available-for-sale | $395亿 | $259亿 | +52.6% | $324亿 | $187亿 | +73.4% |
| Debt Securities, Available-for-sale, Amortized Cost | $119亿 | $68亿 | +75.0% | $106亿 | $52亿 | +103.8% |
| Debt Securities, Available-for-sale, Current | $322亿 | $198亿 | +62.5% | $232亿 | $138亿 | +67.6% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $3.68亿2026-03-28 | $2.25亿 | +63.6% | $2.91亿 | $1.68亿 | +73.2% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $66.5亿2026-03-28 | $60.6亿 | +9.6% | $2.81亿2021-12-25 | $11亿 | -74.4% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Remainder of Fiscal Year | $62.8亿2026-03-28 | $41.5亿 | +51.4% | $22亿2019-12-28 | $32.3亿 | -31.9% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $41.9亿2026-03-28 | $30.6亿 | +37.1% | $95.4亿 | $56.9亿 | +67.7% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value | $18.4亿 | – | – | – | – | – |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value | $215亿 | – | – | – | – | – |
| Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Fair Value | $17.7亿 | $41亿 | -56.9% | $74.7亿 | $43.2亿 | +73.2% |
| Debt Securities, Realized Gain (Loss) | -$2.67亿 | -$4700万 | -468.1% | $3.41亿 | $4.64亿 | -26.5% |
| Debt, Current | $38.2亿 | $25亿 | +52.9% | $25亿 | $37.3亿 | -33.0% |
| Deferred Compensation Liability, Current | $31亿 | $32亿 | -3.1% | $32亿 | $33亿 | -3.0% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $2.45亿 | $61.9亿 | -96.0% |
| Deferred Income Tax Assets, Net | $5.7亿2025-12-27 | $6.03亿 | -5.5% | $5.7亿 | $6.03亿 | -5.5% |
| Deferred Income Tax Expense (Benefit) | -$900万2026-03-28 | $1900万 | -147.4% | $3.29亿 | $60.7亿 | -94.6% |
| Deferred Income Tax Liabilities, Net | $16.9亿2025-12-27 | $14.6亿 | +15.3% | $16.9亿 | $14.6亿 | +15.3% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-26, 10-Q 2026-06-27, 10-Q 2026-03-28, 10-K 2025-12-27, 10-Q 2025-09-27, 10-Q 2025-06-28, 10-Q 2025-03-29, 10-K 2024-12-28, 10-Q 2024-09-28
数据截至 2026-11-01