Intel · 2026-04-23
Intel (INTC) Q1 2026 Earnings: Turnaround Revenue Beat, Margin Reset & Q2 Guidance Earnings Release Summary
Revenue: $13.6B, +7% Y/Y; Gross margin: 39.4% GAAP; 41.0% non-GAAP; EPS: $(0.73) GAAP; $0.29 non-GAAP; DCAI revenue: $5.1B, +22% Y/Y
Revenue: $13.6B, +7% Y/Y
Gross margin: 39.4% GAAP; 41.0% non-GAAP
EPS: $(0.73) GAAP; $0.29 non-GAAP
DCAI revenue: $5.1B, +22% Y/Y
Reported data
INTC key reported figures
Revenue: $13.6B, +7% Y/Y
A better demand signal than feared, but not yet proof that Intel has completed the turnaround.
Gross margin: 39.4% GAAP; 41.0% non-GAAP
The key quality check for factory utilization, product mix, and restructuring progress.
EPS: $(0.73) GAAP; $0.29 non-GAAP
The gap shows why investors need to separate restructuring costs from underlying earnings power.
DCAI revenue: $5.1B, +22% Y/Y
The cleanest AI-era proof point, especially as CPUs remain important in AI infrastructure.
Q2 guide: $13.8B-$14.8B revenue; $0.20 non-GAAP EPS
The next test is whether the demand improvement can continue while margins stabilize.
Sources