Intel (INTC) Research & Development (2009 - 2026)
Intel (INTC) posted Research & Development of $3.4 billion for Q2 2026, little changed on a QoQ basis from $3.4 billion in Q1 2026, and down 8.58% year-over-year from $3.7 billion in Q2 2025.
Analysis
Intel (INTC) Research & Development (2009 - 2026) Analysis & Trends
Intel has reported Research & Development for 18 years, with the latest figure at $3.4 billion in Q2 2026.
- On a quarterly basis, Research & Development fell 8.58% year-over-year to $3.4 billion in Q2 2026; TTM through Jun 2026 was $13.2 billion, a 13.48% decrease from a year earlier, with the FY2025 full-year figure at $13.8 billion, down 16.75% from the prior year.
- Research & Development was $3.4 billion for Q2 2026 at Intel, roughly flat from $3.4 billion in the prior quarter.
- The five-year high for Research & Development was $4.5 billion in Q4 2022, with the low at $3.2 billion in Q4 2025.
- Average Research & Development over 5 years is $3.9 billion, with a median of $4.0 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Research & Development grew 20.4% in 2022, then decreased 20.2% in 2025.
- Over 5 years, Research & Development stood at $4.5 billion in 2022, then dropped by 10.69% to $4.0 billion in 2023, then retreated by 2.78% to $3.9 billion in 2024, then decreased by 16.95% to $3.2 billion in 2025, then increased by 4.63% to $3.4 billion in 2026.
- The last three Research & Development figures came in at $3.4 billion (Q2 2026), $3.4 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 2.31 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 1.32 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 3.37 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 535.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 533.48 Mn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 604.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -150.19 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -551.00 Mn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 308.90 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 140.80 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 |