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Intel (INTC) Gross Profit : $21,711 Mil (TTM As of Dec. 2023)


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What is Intel Gross Profit?

Intel's gross profit for the three months ended in Dec. 2023 was $7,047 Mil. Intel's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $21,711 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Intel's gross profit for the three months ended in Dec. 2023 was $7,047 Mil. Intel's Revenue for the three months ended in Dec. 2023 was $15,406 Mil. Therefore, Intel's Gross Margin % for the quarter that ended in Dec. 2023 was 45.74%.

Intel had a gross margin of 45.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Intel was 63.74%. The lowest was 40.04%. And the median was 59.79%.

Warning Sign:

Intel Corp gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


Intel Gross Profit Historical Data

The historical data trend for Intel's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intel Gross Profit Chart

Intel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42,140.00 43,612.00 43,815.00 26,866.00 21,711.00

Intel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,500.00 4,008.00 4,638.00 6,018.00 7,047.00

Competitive Comparison of Intel's Gross Profit

For the Semiconductors subindustry, Intel's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intel's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Intel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Intel's Gross Profit falls into.



Intel Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Intel's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=54228 - 32517
=21,711

Intel's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=15406 - 8359
=7,047

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $21,711 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Intel's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=7,047 / 15406
=45.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Intel  (NAS:INTC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Intel had a gross margin of 45.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Intel Gross Profit Related Terms

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Intel (INTC) Business Description

Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
Executives
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Patrick P Gelsinger officer: SENIOR VICE PRESIDENT VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Michelle Johnston Holthaus officer: EVP & GM, CCG 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
David Zinsner officer: EVP, CFO 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Omar Ishrak director 710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Scott Gawel officer: CVP, Chief Accounting Officer
Boise April Miller officer: EVP and Chief Legal Officer C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christoph Schell officer: EVP; Chief Cml Ofcr; GM, SMG C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Steven Ralph Rodgers officer: EVP General Counsel 2200 MISSION COLLEGE BLVD., ROSEVILLE CA 95054
Gregory M Bryant officer: EVP, GM, CCG 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Tsu-jae King Liu director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Dion J Weisler director C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Gregory D Smith director 100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
James J Goetz director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025

Intel (INTC) Headlines

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