Intel Corporation (INTC) Earnings: Q3 Fiscal 2026 Results and Next Report Date

The quarter ended September 26, 2026 and Intel published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Intel reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Segment revenue includes sales between Intel's own segments: most Intel Foundry revenue is wafers and services sold to Intel Products. Intersegment eliminations of $6,291 million ($4,227 million a year earlier) bring the segments back to total revenue.
• CCPG was called the Client Computing Group (CCG) through Q1 2026. Altera was deconsolidated after Intel sold 51% of it on September 12, 2025, so All Other includes Altera in the year-ago quarter only up to September 11, 2025.

Source: Intel Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 26, 2026. Figures as reported; checked against the release on November 10, 2026.

How Intel splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

• Intel's Intel Products revenue was $15.4 billion in Q3 fiscal 2026, up 22% from $12.7 billion in Q3 fiscal 2025, 93% of total revenue.
• Intel's Intel Foundry revenue was $6.7 billion in Q3 fiscal 2026, up 58% from $4.2 billion in Q3 fiscal 2025, 41% of total revenue.
• Intel's All Other revenue was $692 million in Q3 fiscal 2026, down 30% from $993 million in Q3 fiscal 2025, 4% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Intel's outlook table also gives Q4 gross margin of 37.1% GAAP and 38.0% non-GAAP, and a tax rate of 31% GAAP and 11% non-GAAP.

In its Q3 fiscal 2026 release, Intel said:

“Forecasting fourth-quarter 2026 revenue of $15.0 billion to $16.0 billion; forecasting fourth-quarter EPS attributable to Intel of $0.10 and non-GAAP EPS attributable to Intel of $0.25.”

“The gross margin and EPS outlooks are based on the midpoint of the revenue range.”

“Looking ahead, we see the PC slowdown continuing at least through the first half of next year, but we remain optimistic about the opportunities across our broader portfolio, and we will continue making disciplined investments in capacity and working capital to increase supply and support future growth.”

Source: Intel Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the INTC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenue and diluted EPS attributable to Intel, each as first reported in that quarter's release. GAAP EPS in 2026 includes large mark-to-market gains and losses on the Escrowed Shares held for the U.S. Department of Commerce.

Intel's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 fiscal 2026 (this page), reported Oct 29, 2026

Intel's revenue was $16,513 million in Q3 2026, against $13,653 million a year earlier, up 21%. Intel Products, which sells Intel's CPUs and other chips to outside customers, brought in $15,415 million: $8,097 million from the Client Computing and Physical AI Group (CCPG) and $7,318 million from Data Center and AI (DCAI), which rose 78%. Intel Foundry reported $6,697 million, most of it sales to Intel Products that are eliminated in the total. (Intel Q3 2026 release, Oct 29, 2026; Intel Form 10-Q, Q3 2026, Oct 30, 2026)

Intel's client revenue (notebook and desktop) was $6.9 billion, down $424 million from a year earlier. Volume fell 14% on lower demand and a competitive market, partly offset by a 9% increase in average selling prices from pricing actions, in part to offset higher input costs, and a richer mix of premium products. Intel expects the trends hurting client demand to worsen in Q4 2026 and persist into 2027. (Intel Form 10-Q, Q3 2026, Oct 30, 2026)

DCAI revenue rose $3.2 billion. Server revenue increased $2.5 billion on average selling price increases of 54%, mostly from a higher mix of premium products, and server volume rose 10% on hyperscaler demand. Other DCAI revenue was $1.4 billion, up $743 million on demand for purpose-built silicon. Intel says industry-wide shortages of substrates, memory and other components kept it from fully meeting demand, and expects that to extend into next year. (Intel Form 10-Q, Q3 2026, Oct 30, 2026)

Intel Foundry revenue rose from a year earlier primarily because of revenue recognized under a non-recurring foundry contract. All Other revenue fell because Altera, deconsolidated in Q3 2025, is now an external customer. Intel's sales are concentrated: its three largest customers accounted for 43% of net revenue in 2025. (Intel Form 10-Q, Q3 2026, Oct 30, 2026; Intel Form 10-K, 2025, Jan 23, 2026)

Intel's GAAP diluted EPS of $0.60 was above its non-GAAP EPS of $0.52 in Q3 2026. GAAP results included a $1,005 million gain on the mark-to-market of Escrowed Shares ($0.17 per share) and $330 million of gains on equity investments, both excluded from non-GAAP, which also leaves out share-based compensation ($586 million), acquisition-related costs ($72 million) and restructuring charges ($54 million). The year-ago GAAP EPS of $0.90 included a $5,452 million gain from the Altera divestiture, worth $1.20 per share. (Intel Q3 2026 release, Oct 29, 2026)

The Escrowed Shares are Intel shares held in escrow for release to the U.S. Department of Commerce under Intel's CHIPS Act Secure Enclave agreement, and Intel carries them as a derivative liability marked to fair value each quarter. That liability was $13.7 billion on September 26, 2026, against $2.7 billion at the end of 2025, and over the first nine months of 2026 the change in its value was a $12.6 billion loss. (Intel Form 10-Q, Q3 2026, Oct 30, 2026; Intel Q3 2026 release, Oct 29, 2026)

Intel's diluted share count rose to 5,307 million from 4,531 million a year earlier. On August 12, 2026 Intel completed a public offering of approximately 242 million shares at $95.00 each, for gross proceeds of $23.0 billion and net proceeds of $22.6 billion. Its GAAP tax rate was 11.6% in the quarter, against 6.6% a year earlier. (Intel Q3 2026 release, Oct 29, 2026; Intel Form 10-Q, Q3 2026, Oct 30, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Intel gives a numeric outlook for the next quarter in each release. For Q4 2026 it forecast revenue of $15.0 billion to $16.0 billion, gross margin of 37.1% GAAP and 38.0% non-GAAP, a tax rate of 31% GAAP and 11% non-GAAP, and EPS attributable to Intel of $0.10 GAAP and $0.25 non-GAAP, with margin and EPS based on the midpoint of the revenue range. For full-year 2026 it expects operating expenses of approximately $22.6 billion GAAP and $16.3 billion non-GAAP. (Intel Q3 2026 release, Oct 29, 2026)

Intel's CFO said the PC slowdown should continue at least through the first half of next year. In the 10-Q Intel says it expects strong demand for its data center products to continue in Q4 2026 and beyond. (Intel Q3 2026 release, Oct 29, 2026; Intel Form 10-Q, Q3 2026, Oct 30, 2026)

A consensus figure is the average of the models published by the analysts who cover Intel, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Intel's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning INTC is on is INTC a buy or a sell?, what analysts expect next is on the INTC forecast, and what the company does is on the Intel Corporation (INTC) stock page.

Every number on this page can be traced to a document Intel published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.