Intel (INTC) Operating Expenses (2009 - 2026)
Intel (INTC) posted Operating Expenses of $4.7 billion for Q2 2026, down 44.44% on a QoQ basis from $8.5 billion in Q1 2026, and down 29.85% year-over-year from $6.7 billion in Q2 2025.
Analysis
Intel (INTC) Operating Expenses (2009 - 2026) Analysis & Trends
Intel has reported Operating Expenses for 18 years, with the latest figure at $4.7 billion in Q2 2026.
- On a quarterly basis, Operating Expenses fell 29.85% year-over-year to $4.7 billion in Q2 2026; TTM through Jun 2026 was $22.1 billion, a 20.86% decrease from a year earlier, with the FY2025 full-year figure at $20.6 billion, down 29.06% from the prior year.
- Operating Expenses was $4.7 billion for Q2 2026 at Intel, down from $8.5 billion in the prior quarter.
- The five-year high for Operating Expenses was $11.1 billion in Q3 2024, with the low at $4.4 billion in Q4 2025.
- Average Operating Expenses over 5 years is $6.1 billion, with a median of $5.8 billion recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 83.44% in 2024, then plunged 58.97% in 2025.
- Over 5 years, Operating Expenses stood at $6.6 billion in 2022, then tumbled by 32.72% to $4.5 billion in 2023, then rose by 15.91% to $5.2 billion in 2024, then declined by 15.64% to $4.4 billion in 2025, then increased by 8.02% to $4.7 billion in 2026.
- The last three Operating Expenses figures came in at $4.7 billion (Q2 2026), $8.5 billion (Q1 2026), and $4.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 3.13 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 1.72 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 4.71 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 1.04 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 1.09 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 926.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -226.94 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -1.03 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 602.10 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 357.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.71 Bn |
| Mar 28, 2026 | 8.48 Bn |
| Dec 27, 2025 | 4.36 Bn |
| Sep 27, 2025 | 4.54 Bn |
| Jun 28, 2025 | 6.72 Bn |
| Mar 29, 2025 | 4.97 Bn |
| Dec 28, 2024 | 5.17 Bn |
| Sep 28, 2024 | 11.05 Bn |
| Jun 29, 2024 | 6.51 Bn |
| Mar 30, 2024 | 6.29 Bn |
| Dec 30, 2023 | 4.46 Bn |
| Sep 30, 2023 | 6.03 Bn |
| Jul 1, 2023 | 5.65 Bn |
| Apr 1, 2023 | 5.48 Bn |
| Dec 31, 2022 | 6.63 Bn |
| Oct 1, 2022 | 6.71 Bn |
| Jul 2, 2022 | 6.29 Bn |
| Apr 2, 2022 | 4.90 Bn |
| Dec 25, 2021 | 6.02 Bn |
| Sep 25, 2021 | 5.52 Bn |