Highlights

  • Intel reported USD 16.5 billion in third-quarter 2026 revenue, an increase of 21% compared with last year.
  • GAAP gross Margin rose to 43%, while GAAP Operating Margin reached 15.3% for the quarter.
  • Intel generated USD 5.1 billion in Operating Cash Flow as it worked to expand Xeon processor supply.
  • Management forecast fourth-quarter Revenue between USD 15 billion and USD 16 billion, while pursuing process technology milestones.

Intel Corporation (NASDAQ:INTC) has reported developments spanning several priorities. Higher processor Demand and Manufacturing execution shaped Intel’s latest quarterly report. Its shares closed at USD 59.37 on November 9, 2026, moving +5.49% on the day, with Market Capitalisation of USD 315.55 billion. The latest announcements combine reported operating results with planned Business milestones, which remain distinct from completed achievements.

Revenue Returns to Year-on-Year Growth

Intel reported USD 16.5 billion in revenue for the third quarter ended September 26, 2026, compared with USD 13.7 billion a year earlier. That represented 21% growth.

Its GAAP gross margin reached 43.0%, versus 38.2% in the prior-year quarter. GAAP operating margin rose to 15.3%, compared with 5.0%. Management highlighted improved execution, progress in expanding Supply and advances across its process technology roadmap.

Data Centre Demand Shapes Manufacturing Priorities

Intel described demand for its central processing units as elevated, especially for the Xeon product family. Its immediate operational priority is to unlock additional supply while developing its broader product range.

Management identified its data centre business as a contributor to the quarter, describing the fastest data centre revenue growth in 15 years. This demand also makes capacity planning and Working Capital important near-term factors.

Profitability and Cash Flow Show Mixed Comparisons

GAAP Net Income attributable to Intel totalled USD 3.3 billion, down from USD 4.1 billion in the comparable prior-year period. GAAP Diluted Earnings per Share were USD 0.60, compared with USD 0.90.

Non-GAAP net income, however, increased to USD 2.8 billion from USD 1.0 billion, and non-GAAP diluted EPS rose to USD 0.52 from USD 0.23. Operating cash flow for the quarter was USD 5.1 billion. These measures use different accounting adjustments and should not be treated as interchangeable.

Fourth-Quarter Plans and Near-Term Constraints

Intel projected fourth-quarter revenue of USD 15.0 billion to USD 16.0 billion. Its forecast GAAP diluted EPS attributable to Intel was USD 0.10, with non-GAAP EPS of USD 0.25.

Management also warned of continuing softness in the PC industry into at least the first half of the following year. Its announced priorities remain expanding Xeon supply, improving product competitiveness and advancing manufacturing processes.