NASDAQ$INTC

Intel · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Intel's first-quarter results were released, showcasing revenue growth and strong performance in data-centric and PC-centric sectors.

Intel reported a strong first quarter with revenue up 23% year-over-year, driven by growth in both its data-centric and PC-centric businesses. The company highlighted its focus on supporting employees and customers during the COVID-19 pandemic and expressed confidence in its ability to emerge stronger.

  • Revenue reached $19.8 billion, a 23% increase year-over-year.
  • GAAP EPS was $1.31, up 51% year-over-year, while non-GAAP EPS was $1.45, up 63%.
  • Data-centric revenue grew by 34%, and PC-centric revenue increased by 14% year-over-year.
  • The company generated $6.2 billion in cash from operations and $2.9 billion in free cash flow.

Headline financials

Total Revenue

$19.8B

Previous: $16.1B+23.5%
EPS (adj)

$1.45

Previous: $0.89+62.9%
Capital Expenditures

-$3.27B

Previous: -$3.32B+1.6%
Free Cash Flow

$2.39B

Previous: $653M+266.5%
Net Income

$5.66B

Previous: $3.97B+42.5%
Operating Income

$7.04B

Previous: $4.17B+68.6%
Gross Profit

$12B

Previous: $9.09B+32.2%
Cash & Equivalents

$11.4B

Previous: $3.15B+260.8%
Total Assets

$148B

Previous: $129B+14.1%
Stock-Based Comp

$449M

Previous: $389M+15.4%

Revenue & EPS history

Intel · Revenue · Quarterly

$19.8B

Q1 2020+23.5%vs Q1 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Intel · $7.06B total across 2 segments · Q1 2020

  • Data Center and AI
    $6.99B+42.7%
  • All Other
    $66M+24.5%

Forward guidance

Intel expects second-quarter revenue of $18.5 billion, GAAP EPS of $1.04, and non-GAAP EPS of $1.10. The company is not providing full-year guidance due to significant economic uncertainty.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-1.4%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-0.7%

Avg return

30 days after

44%

32 / 73 earnings

Positive

+10.0%

Q4 2017

Best reaction

-30.1%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.0%+41.9%+79.5%
Q4 2025-11.4%-10.2%-18.8%
Q3 2025-7.0%+8.3%-9.6%
Q2 2025+1.9%+8.5%+10.4%
Q1 2025-6.7%-6.5%-6.7%
Q4 2024-2.9%-1.8%+18.6%
Q3 2024+4.0%+4.6%+7.8%
Q2 2024-30.1%-35.5%-28.3%
Q1 2024-7.6%-11.7%-11.0%
Q4 2023-11.1%-12.6%-12.4%
Q3 2023+8.3%+11.2%+33.9%
Q2 2023+7.2%+4.2%-3.2%
Q1 2023+6.9%+2.5%-0.2%
Q4 2022-5.2%-4.8%-15.4%
Q3 2022+6.8%+4.0%+7.8%
Q2 2022-9.6%-10.4%-17.0%
Q1 2022-3.6%-0.4%-1.5%
Q4 2021-5.8%-4.3%-6.5%
Q3 2021-10.7%-12.8%-10.6%
Q2 2021-5.7%-5.4%-7.5%
Q1 2021-7.0%-9.0%-12.0%
Q4 2020-3.4%+1.8%+8.5%
Q3 2020-9.9%-14.7%-15.2%
Q2 2020-17.1%-19.3%-19.3%
Q1 2020-1.4%-2.2%+3.6%
Q4 2019+9.2%+7.3%+2.6%
Q3 2019+9.2%+8.9%+11.4%
Q2 2019-2.5%-2.3%-15.0%
Q1 2019-10.7%-13.1%-24.1%
Q4 2018-1.9%-2.9%+9.5%
Q3 2018+7.7%+12.6%+9.7%
Q2 2018-9.1%-8.3%-9.1%
Q1 2018+2.6%+3.8%+7.9%
Q4 2017+10.0%+7.2%+4.9%
Q3 2017+8.9%+11.5%+9.7%
Q2 2017+1.6%+4.6%-0.2%
Q1 2017-2.1%+0.1%-1.8%
Q4 2016+0.5%-2.6%-3.4%
Q3 2016-4.8%-5.7%-6.1%
Q2 2016-2.5%-1.3%+0.3%
Q1 2016+1.1%
Q4 2015-6.7%
Q3 2015+1.8%
Q2 2015+0.8%
Q1 2015+3.5%
Q4 2014+0.3%
Q3 2014-0.6%
Q2 2014+10.0%
Q1 2014+1.4%
Q4 2013-3.1%
Q3 2013+1.1%
Q2 2013-4.2%
Q1 2013+2.6%
Q4 2012-3.9%
Q3 2012+0.3%
Q2 2012+4.3%
Q1 2012-1.6%
Q4 2011-0.1%
Q3 2011+0.3%
Q2 2011-0.9%
Q1 2011-1.2%
Q4 2010-0.7%
Q4 2008-0.7%
Q3 2010-0.4%
Q2 2010+0.6%
Q4 2009+0.6%
Q1 2009-1.2%
Q1 2010+0.4%
Q4 2007-2.1%
Q3 2009-3.2%
Q3 2008-3.2%
Q2 2009+0.4%
Q2 2008+0.4%

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