Intel (INTC) Operating Expenses (2009 - 2026)

Intel (INTC) posted quarterly Operating Expenses of $8.5 billion for Q1 2026, up 70.58% year-over-year from $5.0 billion in Q1 2025, and up 94.43% on a QoQ basis from $4.4 billion in Q4 2025.

Intel (INTC) Operating Expenses (2009 - 2026) Analysis & Trends

Intel (INTC) has reported Operating Expenses for 18 consecutive years, with $8.5 billion the latest figure, recorded in 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 came in at $8.5 billion for Q1 2026 at Intel, up from $4.4 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 $6.0 billion recorded in 2023.
  • Across the five-year window, Operating Expenses jumped 83.44% in 2024 and slumped 58.97% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $6.6 billion in 2022, then sank by 32.72% to $4.5 billion in 2023, then advanced by 15.91% to $5.2 billion in 2024, then retreated by 15.64% to $4.4 billion in 2025, then surged by 94.43% to $8.5 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $8.5 billion, $4.4 billion, and $4.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 7.62 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 1.72 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 3.94 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 8.48 Bn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 2.13 Mn
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn -1.02 Bn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 991.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 921.40 Mn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 8.29 Bn
10 Analog Devices 189.67 Bn 186.23 Bn 2.44 Bn 1.06 Bn

Historic Data

Download Data
DateValue
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
Jun 26, 2021 5.66 Bn