INTC FY 2015 Earnings Report — Intel Corporation Revenue & Financial Results | Market Cap Arena

Intel CorporationINTC

FY 2015 Earnings

Reported February 12, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$55.4B	—	$55.9B	—	-0.9%
Op. Income	$14.0B	—	$15.3B	—	-8.8%
Gross Margin	62.6%	—	63.7%	—	-1.1pp
Net Margin	20.6%	—	20.9%	—	-0.3pp
EPS (Diluted)	$2.33	—	$2.31	—	0.9%
Free Cash Flow	$11.6B	—	$10.2B	—	13.2%

Revenue Flow

Item	Amount
REVENUE	$55.4B
Cost of Revenue	$20.7B
GROSS PROFIT	$34.7B
R&D Expenses	$12.1B
Selling & Marketing	$1.8B
General & Administrative	$6.1B
SG&A Expenses	$7.9B
Other Expenses	$108M
Operating Expenses	$20.3B
Cost & Expenses	$41.0B
OPERATING INCOME	$14.0B
Interest Income	$124M
Interest Expense	$337M
Other Income/Expenses	$210M
INCOME BEFORE TAX	$14.2B
Income Tax Expense	$2.8B
Net Income from Continuing Ops	$11.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11.4B
D&A	$265M
EBIT	$14.4B
EBITDA	$23.1B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$55.4B
Cost of Revenue	$20.7B
GROSS PROFIT	$34.7B
R&D Expenses	$12.1B
Selling & Marketing	$1.8B
General & Administrative	$6.1B
SG&A Expenses	$7.9B
Other Expenses	$108M
Operating Expenses	$20.3B
Cost & Expenses	$41.0B
OPERATING INCOME	$14.0B
Interest Income	$124M
Interest Expense	$337M
Other Income/Expenses	$210M
INCOME BEFORE TAX	$14.2B
Income Tax Expense	$2.8B
Net Income from Continuing Ops	$11.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11.4B
D&A	$265M
EBIT	$14.4B
EBITDA	$23.1B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$11.4B
Depreciation & Amortization	$8.7B
Stock-Based Compensation	$1.3B
Deferred Income Tax	-$1.3B
Other Non-Cash Items	-$68M
Change in Working Capital	-$1.1B
OPERATING CASH FLOW	$19.0B
Capital Expenditure	-$7.4B
Acquisitions (Net)	-$2.9B
Purchases of Investments	-$19.7B
Sales/Maturities of Investments	$21.6B
Other Investing Activities	$301M
NET CASH FROM INVESTING	-$8.2B
Net Debt Issuance	$9.5B
Common Stock Repurchased	-$3.0B
Common Dividends Paid	-$4.6B
Other Financing Activities	-$7M
NET CASH FROM FINANCING	$1.9B
FREE CASH FLOW	$11.6B
Net Change in Cash	$12.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$15.3B
Short-Term Investments	$10.0B
Net Receivables	$4.8B
Inventory	$5.2B
Other Current Assets	$3.1B
TOTAL CURRENT ASSETS	$40.4B
PP&E (Net)	$31.9B
Goodwill	$11.3B
Intangible Assets	$3.9B
Long-Term Investments	$7.9B
Tax Assets	$600M
Other Non-Current Assets	$7.1B
TOTAL NON-CURRENT ASSETS	$62.7B
TOTAL ASSETS	$103.1B
Account Payables	$2.1B
Short-Term Debt	$2.6B
Deferred Revenue	$2.2B
Other Current Liabilities	$4.1B
TOTAL CURRENT LIABILITIES	$15.7B
Long-Term Debt	$20.0B
Deferred Revenue NC	$897M
Deferred Tax Liabilities	$2.5B
Other Non-Current Liabilities	$4.7B
TOTAL NON-CURRENT LIABILITIES	$26.3B
TOTAL LIABILITIES	$42.0B
Common Stock	$23.4B
Additional Paid-In Capital	$0
Retained Earnings	$37.6B
Treasury Stock	$0
Accum. Other Comp. Income	$60M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$61.1B
Minority Interest	$0
TOTAL EQUITY	$61.1B
TOTAL LIABILITIES & EQUITY	$103.1B
Total Debt	$22.7B
Net Debt	$7.4B