Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

$24.99

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Intel Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 27, 2025 Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Inventories
Other current assets
Current assets
Property, plant, and equipment, net
Marketable equity investments
Non-marketable equity investments
Equity investments
Other long-term investments
Goodwill
Identified intangible assets, net
Other long-term assets
Long-term assets
Total assets

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25).


Total assets experienced a generally increasing trend over the five-year period, rising from US$168.406 billion in 2021 to US$211.429 billion in 2025. However, the rate of growth was not consistent year-over-year. A significant portion of this asset growth is attributable to changes within both current and long-term asset categories.

Current Assets
Current assets demonstrated volatility throughout the period. After a decrease from US$57.718 billion in 2021 to US$43.269 billion in 2023, they rebounded substantially to US$63.688 billion in 2025. This fluctuation was driven by several factors. Cash and cash equivalents exhibited a marked increase from 2021 to 2022, followed by a decline, and then a significant rise in 2025. Accounts receivable, net, consistently decreased from 2021 to 2023, stabilizing and showing a slight increase in the later years. Inventory levels remained relatively stable, with moderate fluctuations. Other current assets showed considerable volatility, contributing to the overall instability of the current asset position.
Long-Term Assets
Long-term assets generally increased from US$110.688 billion in 2021 to US$147.741 billion in 2025, though growth slowed in the final observed year. Property, plant, and equipment, net, was the primary driver of this increase, nearly doubling from US$63.245 billion to US$105.414 billion over the period. Goodwill remained relatively stable for the first three years, then decreased in 2024 and 2025. Identified intangible assets, net, experienced a consistent decline throughout the period. Equity investments showed a decrease from 2021 to 2023, followed by an increase in 2025. Other long-term assets increased significantly in 2022 and 2023 before decreasing in 2024 and 2025.
Investment Portfolio
The composition of the investment portfolio shifted over the period. Short-term investments decreased from US$23.586 billion in 2021 to US$13.813 billion in 2024, then increased to US$23.151 billion in 2025. Marketable equity investments consistently decreased, while non-marketable equity investments showed a notable increase in 2025. The overall trend suggests a potential reallocation of investment strategies.

In summary, the asset base expanded over the five-year period, with significant changes occurring within both current and long-term asset categories. The increase in property, plant, and equipment suggests potential investment in operational capacity. Fluctuations in current assets, particularly cash and other current assets, warrant further investigation to understand the underlying drivers. The shifting investment portfolio composition also merits attention.


Assets: Selected Items


Current Assets: Selected Items