Intel Corporation (INTC) Q3 2026 (USD): Adj. EPS 0.52 (exp. 0.41), Revenue 16.5bln (exp. 16.6bln)
ORIGINAL · NewsquawkIntel Corporation (INTC) Q3 2026 (USD): Adj. EPS 0.52 (exp. 0.41), Revenue 16.5bln (exp. 16.6bln)Read originalHide original
Commentary: CFO said the October explosion at the Kiryat Gat fab in Israel hit the Q4 revenue outlook by roughly 300mln and gross margins by about 200bps. Fab did not operate for two weeks after the explosion; still assessing which wafers are salvageable for use and sale. Still assessing whether the impact will stretch beyond current estimates; expects a similar revenue impact in Q1. Expects PC market to decline into H2 2027. Key Metrics: Adj. gross margin 44.1% (exp. 42.1%). Adj. operating margin 19.6% (exp. 16.5%). Client Computing revenue 8.10bln (exp. 8.82bln). Datacenter & AI revenue 7.32bln (exp. 6.67bln). Intel Foundry revenue 6.70bln (exp. 6.12bln). Adj. free cash flow 1.64bln (exp. 2.98bln). Q4 outlook Adj. EPS 0.25 (exp. 0.44). Revenue 15-16bln (exp. 17.1bln).
Intel beat Q3 adjusted EPS expectations but slightly missed revenue expectations; Q4 guidance was below expectations, with the CFO citing the fab disruption and describing additional operational uncertainty.
News detail
Commentary: CFO said the October explosion at the Kiryat Gat fab in Israel hit the Q4 revenue outlook by roughly 300mln and gross margins by about 200bps. Fab did not operate for two weeks after the explosion; still assessing which wafers are salvageable for use and sale. Still assessing whether the impact will stretch beyond current estimates; expects a similar revenue impact in Q1. Expects PC market to decline into H2 2027. Key Metrics: Adj. gross margin 44.1% (exp. 42.1%). Adj. operating margin 19.6% (exp. 16.5%). Client Computing revenue 8.10bln (exp. 8.82bln). Datacenter & AI revenue 7.32bln (exp. 6.67bln). Intel Foundry revenue 6.70bln (exp. 6.12bln). Adj. free cash flow 1.64bln (exp. 2.98bln). Q4 outlook Adj. EPS 0.25 (exp. 0.44). Revenue 15-16bln (exp. 17.1bln).
Related stocks
1 stocks
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.