Intel Corporation — Third Quarter 2026 Earnings Summary

Intel Corporation reported third-quarter 2026 revenue of $16.5 billion, representing a 21% year-over-year increase driven by a 78% surge in Data Center and AI segment revenue. The company achieved GAAP earnings per share of $0.60 and non-GAAP earnings per share of $0.52, with operating margins expanding significantly compared to the prior year. Looking ahead, Intel forecasts fourth-quarter 2026 revenue between $15.0 billion and $16.0 billion, anticipating continued growth in its data center portfolio despite a projected slowdown in the PC market. Strategic initiatives include a $23 billion public equity offering, the planned acquisition of Classiq for quantum computing, and expanded collaborations with Oracle and SAP to advance AI and physical computing capabilities.