Intel (INTC) Operating Expenses (2009 - 2026)

Intel's Operating Expenses history runs 18 years deep, the most recent figure standing at $8.5 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 70.58% year-over-year to $8.5 billion; the TTM figure through Mar 2026 stood at $24.1 billion (down 13.03% YoY), while the FY2025 annual figure was $20.6 billion, down 29.06% from the prior year.
• Operating Expenses was $8.5 billion for Q1 2026 at Intel, up from $4.4 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $11.1 billion in Q3 2024 to a low of $4.4 billion in Q4 2025.
• Historically, Operating Expenses has averaged $6.1 billion across 5 years, with a median of $6.0 billion in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 83.44% in 2024, then sank 58.97% in 2025.
• A 5-year view of Operating Expenses shows it stood at $6.6 billion in 2022, then plunged by 32.72% to $4.5 billion in 2023, then increased by 15.91% to $5.2 billion in 2024, then dropped by 15.64% to $4.4 billion in 2025, then surged by 94.43% to $8.5 billion in 2026.
• The last three Operating Expenses figures came in at $8.5 billion (Q1 2026), $4.4 billion (Q4 2025), and $4.5 billion (Q3 2025), per Business Quant data.