Stock Analysis on Net
Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

Common-Size Income Statement

Intel Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Net revenue 100.00 100.00 100.00 100.00 100.00
Cost of sales -59.96 -57.39 -44.55 -43.99 -41.44
Gross margin 40.04% 42.61% 55.45% 56.01% 58.56%
Research and development -29.59 -27.80 -19.22 -17.41 -18.57
Marketing, general and administrative -10.39 -11.10 -8.28 -7.94 -8.82
Restructuring and other charges 0.11 0.00 -3.32 -0.25 -0.55
Operating expenses -39.87% -38.91% -30.82% -25.60% -27.94%
Operating income 0.17% 3.70% 24.62% 30.41% 30.62%
Ongoing mark-to-market adjustments on marketable equity securities -0.07 -1.25 -0.16 -0.17 0.38
Observable price adjustments on non-marketable equity securities 0.03 0.47 0.95 0.23 0.41
Impairment charges -0.39 -0.30 -0.19 -0.39 -0.17
Sale of equity investments and other 0.50 7.84 2.86 2.78 1.52
Gains (losses) on equity investments, net 0.07% 6.77% 3.45% 2.45% 2.14%
Interest income 2.46 0.93 0.18 0.35 0.67
Interest expense -1.62 -0.79 -0.76 -0.81 -0.68
Other, net 0.32 1.70 -0.04 -0.19 0.68
Interest and other, net 1.16% 1.85% -0.61% -0.65% 0.67%
Income before taxes 1.41% 12.32% 27.46% 32.21% 33.43%
(Provision for) benefit from taxes 1.68 0.39 -2.32 -5.37 -4.18
Net income 3.09% 12.71% 25.14% 26.84% 29.25%
Net (income) loss attributable to non-controlling interests 0.03 0.00 0.00 0.00 0.00
Net income attributable to Intel 3.11% 12.71% 25.14% 26.84% 29.25%

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Intel Corp. operating income as a percentage of net revenue decreased from 2021 to 2022 and from 2022 to 2023.
Income before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Intel Corp. income before taxes as a percentage of net revenue decreased from 2021 to 2022 and from 2022 to 2023.
Net income attributable to Intel The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Intel Corp. net income attributable to Intel as a percentage of net revenue decreased from 2021 to 2022 and from 2022 to 2023.