Intel (INTC) Research & Development (2009 - 2026)
Intel (INTC) reported Research & Development of $3.37 billion for Q2 2026, down 8.6% from $3.68 billion a year earlier and down 0.2% from the prior quarter.
Powered by 
Analysis
Intel (INTC) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Intel's Research & Development came in at $13.19 billion, down 13.5% year-over-year; for FY2025, it came in at $13.77 billion, down 16.8% from FY2024.
- Research & Development has a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- By year, Research & Development came in at $16.55 billion in FY2024 (+3.1%), $16.05 billion in FY2023 (-8.5%), $17.53 billion in FY2022 (+15.4%) and $15.19 billion in FY2021 (+12.1%).
- Five-year quarterly Research & Development spans a low of $3.22 billion in Q4 2025 and a high of $4.46 billion in Q4 2022.
- Year over year, Research & Development has now declined in each of the last seven quarters, with an average decline of 10.1% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q1 2022 (growth of 20.4%); the low point was Q3 2025 (a decline of 20.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.38 billion (Q1 2026), $3.22 billion (Q4 2025) and $3.23 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | -838.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 3.37 Bn |
| Mar 28, 2026 | 3.38 Bn |
| Dec 27, 2025 | 3.22 Bn |
| Sep 27, 2025 | 3.23 Bn |
| Jun 28, 2025 | 3.68 Bn |
| Mar 29, 2025 | 3.64 Bn |
| Dec 28, 2024 | 3.88 Bn |
| Sep 28, 2024 | 4.05 Bn |
| Jun 29, 2024 | 4.24 Bn |
| Mar 30, 2024 | 4.38 Bn |
| Dec 30, 2023 | 3.99 Bn |
| Sep 30, 2023 | 3.87 Bn |
| Jul 1, 2023 | 4.08 Bn |
| Apr 1, 2023 | 4.11 Bn |
| Dec 31, 2022 | 4.46 Bn |
| Oct 1, 2022 | 4.30 Bn |
| Jul 2, 2022 | 4.40 Bn |
| Apr 2, 2022 | 4.36 Bn |
| Dec 25, 2021 | 4.05 Bn |
| Sep 25, 2021 | 3.80 Bn |
API Access
Intel Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=INTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "INTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=INTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();