NASDAQ$INTC

Intel · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Intel reported strong first-quarter results driven by exceptional demand and outstanding execution.

Intel reported first-quarter GAAP revenue of $19.7 billion, a 1% decrease year-over-year, and a GAAP EPS of $0.82. The company's CEO unveiled the new IDM 2.0 strategy and raised full-year 2021 guidance.

  • First-quarter GAAP revenue was $19.7 billion, down 1% year over year.
  • First-quarter GAAP earnings-per-share (EPS) was $0.82.
  • Intel CEO Pat Gelsinger unveiled the company's new, differentiated IDM 2.0 strategy.
  • Full-year 2021 guidance was raised, expecting GAAP revenue of $77.0 billion and GAAP EPS of $4.00.

Headline financials

Total Revenue

$19.7B

Previous: $19.8B-0.8%
EPS (adj)

$1.39

Previous: $1.45-4.1%
Capital Expenditures

-$3.97B

Previous: -$3.27B-21.5%
Free Cash Flow

-$611M

Previous: $2.39B-125.5%
Net Income

$3.36B

Previous: $5.66B-40.6%
Operating Income

$3.69B

Previous: $7.04B-47.5%
Gross Profit

$10.9B

Previous: $12B-9.7%
Cash & Equivalents

$5.19B

Previous: $11.4B-54.4%
Total Assets

$151B

Previous: $148B+2.0%
Stock-Based Comp

$425M

Previous: $449M-5.3%

Revenue & EPS history

Intel · Revenue · Quarterly

$19.7B

Q1 2021-0.8%vs Q1 2020
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Intel · $16.2B total across 2 segments · Q1 2021

  • Client Computing
    $10.6B
  • Data Center and AI
    $5.56B-20.4%

Forward guidance

Intel provided guidance for Q2 2021 and full year 2021, including GAAP and non-GAAP estimates for revenue, gross margin, tax rate, and earnings per share.

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 2021

Historical avgQ1 2021

-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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