Intel Corp. (NASDAQ:INTC)

The financial performance exhibits distinct trends across the analyzed periods. The gross profit margin starts relatively high and shows a consistent downward trend over time, declining from a peak above 56% to lows near 30%, with occasional slight recoveries. This indicates increasing cost pressures or pricing challenges impacting the company's core profitability.

Operating profit margin follows a similar declining pattern, initially staying above 25% but progressively decreasing to negative territory in several quarters. Notably, there is a marked slide in operating profitability commencing around the middle of the timeline, with the margin dropping significantly below zero before showing a modest recovery in some later quarters. This fluctuation signals challenges in controlling operating expenses or declining operating income relative to revenue.

Net profit margin trends align with operating profit margin movements but exhibit greater volatility. Starting above 23%, it peaks near the low 30%s before sharply falling into negative values in multiple periods. Although slight positive rebounds appear sporadically, the overall net profitability deteriorates significantly over time. This suggests that non-operating factors and expenses are also affecting net earnings adversely in later periods.

Return on equity (ROE) mirrors the declining profitability pattern, initially strong above 20%, but falling into negative figures in subsequent quarters. The pattern indicates that shareholder value generation has been negatively impacted, with only intermittent instances of modest positive returns in the later timeline segments.

Return on assets (ROA) exhibits a comparable decline, starting above 12% and moving into negative values in the second half of the periods under review. This decrease signifies diminished effectiveness in utilizing asset base to generate earnings, consistent with the downward pressure observed in profit margins and equity returns.

Gross Profit Margin

Strong at the beginning but showing a sustained decline, indicating rising costs or reduced pricing power.

Operating Profit Margin

Declines sharply into negative territory, reflecting operating challenges and difficulty in controlling costs.

Net Profit Margin

Highly volatile with periods of negative results, suggesting both operating and non-operating factors impacting profitability.

Return on Equity (ROE)

Decreasing trend with multiple quarters of negative returns, indicating reduced shareholder value creation.

Return on Assets (ROA)

Declining trend consistent with reduced asset efficiency and profitability losses.

Overall, the financial data reveal mounting profitability pressures over the periods, with a consistent downward trend in margins and returns. The deterioration in operating and net profit margins, coupled with negative returns on equity and assets in several quarters, highlights challenges in both operational effectiveness and broader financial management. Occasional slight recoveries suggest some efforts at stabilization, but the dominant trend points toward increasing financial stress and reduced profitability efficiency.

The analysis of the quarterly financial data reveals distinct trends in the gross profit, net revenue, and gross profit margin over the reported periods.

Net Revenue

Net revenue demonstrates a downward trend from the earlier periods into mid-2022, beginning at approximately 19,600 million US dollars in early 2021 and declining to around 14,000 million US dollars by the end of 2022.

Following this decline, net revenue experiences some fluctuations but generally remains in a lower range between approximately 12,600 and 14,300 million US dollars from early 2023 through late 2025.

This indicates a period of revenue contraction that stabilizes but does not return to the earlier higher levels within the observed timeframe.

Gross Profit

Gross profit closely follows the net revenue pattern, starting at a higher level near 11,000 million US dollars in early 2021, then sharply declining to levels below 6,000 million by late 2022.

Additional volatility is apparent in 2023 and beyond, with gross profit fluctuating between roughly 2,000 million and 7,000 million US dollars, reflecting variability in profitability amid revenue pressures.

The sharp decreases and inconsistent recovery in gross profit suggest challenges in cost management or pricing power during the later periods.

Gross Profit Margin

The gross profit margin begins relatively strong, maintaining levels in the mid-50% range through the first three quarters of 2021, which reflects efficient cost control or strong pricing relative to costs.

Thereafter, a notable and consistent decline in margin occurs, dipping below 50% in mid-2022 and continuing to shrink to values near 30% by late 2024 and 2025.

This consistent erosion of the gross profit margin signals increasing cost pressures, price competition, or shifts in product mix adversely affecting profitability.

Although there is a minor uptick in margin noted towards the end of 2023 and mid-2024, the overall trend remains downward, indicating sustained margin compression.

In summary, the data presents a scenario where net revenue and gross profit both decline from peak levels, with gross profit margin gradually compressing over multiple quarters. This suggests increasing challenges in maintaining profitability, possibly due to external economic conditions, competitive dynamics, or internal cost structure issues. The partial stabilization seen in revenue and margin in the later periods does not fully offset the notable declines experienced earlier.

The financial performance across the quarterly periods reveals notable volatility and significant fluctuations in key metrics such as operating income, net revenue, and operating profit margin.

Operating Income (Loss)

Initially, operating income exhibited strong positive values, peaking at 5,546 million USD in mid-2021. However, from early 2022 onwards, a sharp decline is observed with several quarters reporting negative operating income. The lowest point reaches a substantial loss of 9,057 million USD by late 2024, followed by intermittent recoveries and declines, ending with a modest positive figure in the last recorded quarter.

Net Revenue

Net revenue displays a generally downward trend from an initial peak close to 20,528 million USD, decreasing to lower ranges in the mid and later periods—around 11,715 to 15,406 million USD. Though some quarters show minor recoveries, overall revenue levels remain significantly below earlier highs, suggesting challenges in maintaining sales or market share.

Operating Profit Margin

The operating profit margin reflects the fluctuations in operating income relative to revenue. It begins with healthy margins exceeding 24%, indicative of strong profitability. Starting in 2022, margins contract sharply, falling into the single-digit percentages and even negative territory through multiple consecutive quarters, reaching a trough of -22% late in the series. This transition underlines deteriorating operational efficiency or increased cost pressures impacting profitability.

Overall, the data suggests a period marked by deteriorating operational results, with profitability severely impacted even as revenue levels decreased moderately. The sharp swings in operating income and resulting profit margins indicate the company faced significant operational challenges, cost increases, or market conditions adversely affecting financial stability. Despite periods of marginal recovery, the persistence of negative profitability signals ongoing issues requiring strategic attention.

Net Income (Loss) Trends

The net income attributable to the company shows significant volatility across the observed periods. Initially, there is a strong upward trend, peaking in September 2021 at 6,823 million US dollars. This is followed by a sharp decline with fluctuating positive and negative values, including notable losses in July 2022 (-454 million), December 2022 (-664 million), and a considerable loss in September 2024 (-16,639 million). Towards the most recent quarters, the company reports recovering figures with net income turning positive again, reaching 4,063 million in September 2025.

Net Revenue Trends

Net revenue exhibits a general downward trend from March 2021 through April 2023, dropping from 19,673 million to 11,715 million US dollars. Post this period, revenue stabilizes with moderate fluctuations around the 12,000 to 14,000 million range. Later quarters do not show a significant rebound but maintain a relatively stable revenue base, suggesting some recovery efforts or stabilization in sales.

Net Profit Margin Trends

The net profit margin follows a pattern consistent with the net income fluctuations. Starting at approximately 24% in the first quarter of 2021, it rises to a peak above 31% in April 2022, reflecting strong profitability during periods of higher net income. However, it subsequently declines sharply, with several quarters showing negative margins, indicating losses relative to revenue. The margin reaches its lowest points in late 2024 and early 2025, falling below -35%, before improving slightly but remaining near zero or negative towards the end of the observed period.

Overall Financial Performance Insights

The company experiences considerable financial instability over the timeframe. The initial strong profitability and revenue diminish substantially, leading to intermittent losses. This pattern suggests operational or market challenges impacting profitability and revenue generation. Despite this, the most recent data indicates a potential turnaround or stabilization, with improvements in net income and margin, although not yet returning to earlier peak levels. Continued focus on cost management, revenue growth, and operational efficiency will be critical for sustained financial recovery.

The analysis of the quarterly financial data reveals several notable trends in income, equity, and return on equity (ROE) over the periods observed.

Net Income (Loss) Attributable to Intel

The net income shows substantial volatility across quarters. Initially, the company experienced strong positive net income, peaking at 8,113 million US dollars in April 2022. However, subsequent quarters exhibit sharp declines, including significant losses such as -454 million US dollars in July 2022 and continuing fluctuations with both negative and positive values. The data culminates in a large loss of -16,639 million US dollars in September 2024, followed by smaller but persistent losses throughout late 2024 and mid-2025 before a rebound to 4,063 million US dollars in September 2025.

Total Intel Stockholders’ Equity

The stockholders’ equity demonstrates a general upward trend from March 2021, starting at 79,807 million US dollars and growing steadily to reach a peak of 115,229 million US dollars in June 2024. After this peak, equity slightly declines and fluctuates around the 99,000 to 106,000 million US dollars range, indicating some stabilization but also minor erosion towards mid-2025.

Return on Equity (ROE)

ROE initially remains robust and relatively stable, ranging between approximately 20% and 23% until early 2022. Thereafter, a gradual decline is evident, with ROE dropping to mid-teen and lower single-digit percentages, even turning negative by late 2022. Negative ROE persists through much of 2023 and 2024, reflecting periods where net losses impact profitability relative to equity. The most severe negative ROE values occur around September to December 2024, reaching nearly -20%. A slight recovery occurs toward mid-2025, where ROE approaches near zero or slightly positive territory.

Overall, the data indicate a period of strong financial performance during the early quarters, followed by increased volatility and significant losses impacting both profitability and shareholder returns. Despite these fluctuations, stockholders’ equity remains relatively resilient with some growth maintained over the longer term. The persistent negative ROE in later periods underscores challenges in generating returns on equity, likely related to the episodic large net losses observed.

The analysis of the quarterly financial data reveals several notable trends and fluctuations in the company's financial performance over the observed periods.

Net Income (Loss) Attributable

The net income demonstrates considerable volatility across the periods. Starting from a positive base exceeding 3 billion USD in early 2021, net income peaked significantly at over 8 billion USD in April 2022. However, this was followed by multiple quarters with negative results, notably a substantial loss approaching 16.6 billion USD in late 2024. Sporadic rebounds appear intermittently, but overall, the net income pattern indicates high instability and potential operational or market challenges impacting profitability in recent years.

Total Assets

Total assets show a general upward trajectory with some fluctuations. Beginning at approximately 150 billion USD in early 2021, assets steadily increased, surpassing 200 billion USD around mid-2024 before experiencing some decline and stabilization near 192 billion USD towards the end of 2025. This upward trend suggests ongoing investments or asset acquisitions, although some periods indicate consolidation or revaluation effects.

Return on Assets (ROA)

ROA figures exhibit a pronounced decline over the timeline. Initial quarters show robust returns above 11%, peaking near 14% in early 2022. Subsequently, a sharp downward trend is evident, with ROA turning negative by early 2023 and reaching lows in excess of -10% during late 2024 and early 2025. Minor improvements occur sporadically, but the persistently negative returns during these periods highlight deteriorating asset profitability and possible operational inefficiencies or extraordinary losses affecting asset utilization.

In summary, the financial trends reflect a company experiencing significant swings in profitability and returns on assets, with a marked deterioration from mid-2022 through early 2025. While total assets increased over time, the declining ROA and intermittent large net losses suggest challenges in achieving consistent profit generation from these assets. This pattern indicates the need for strategic review concerning cost management, asset utilization, and market positioning to regain stable financial performance.