INTC Q4 2016 Earnings Report — Intel Corporation Revenue & Financial Results | Market Cap Arena

Intel CorporationINTC

Q4 2016 Earnings

Reported February 17, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$16.4B	$15.8B	—	3.8%	—
Op. Income	$4.5B	$4.5B	—	1.4%	—
Gross Margin	61.7%	63.3%	—	-1.6pp	—
Net Margin	21.8%	21.4%	—	0.3pp	—
EPS (Diluted)	$0.73	$0.69	—	5.8%	—
Free Cash Flow	$4.6B	$3.3B	—	40.2%	—

Revenue Flow

Item	Amount
REVENUE	$16.4B
Cost of Revenue	$6.3B
GROSS PROFIT	$10.1B
R&D Expenses	$3.3B
Selling & Marketing	$1.8B
General & Administrative	$358M
SG&A Expenses	$2.2B
Other Expenses	-$9M
Operating Expenses	$5.5B
Cost & Expenses	$11.7B
OPERATING INCOME	$4.5B
Interest Income	$63M
Interest Expense	$158M
Other Income/Expenses	-$86M
INCOME BEFORE TAX	$4.4B
Income Tax Expense	$878M
Net Income from Continuing Ops	$3.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.6B
D&A	$41M
EBIT	$4.6B
EBITDA	$6.6B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$16.4B
Cost of Revenue	$6.3B
GROSS PROFIT	$10.1B
R&D Expenses	$3.3B
Selling & Marketing	$1.8B
General & Administrative	$358M
SG&A Expenses	$2.2B
Other Expenses	-$9M
Operating Expenses	$5.5B
Cost & Expenses	$11.7B
OPERATING INCOME	$4.5B
Interest Income	$63M
Interest Expense	$158M
Other Income/Expenses	-$86M
INCOME BEFORE TAX	$4.4B
Income Tax Expense	$878M
Net Income from Continuing Ops	$3.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.6B
D&A	$41M
EBIT	$4.6B
EBITDA	$6.6B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.6B
Depreciation & Amortization	$1.9B
Stock-Based Compensation	$308M
Deferred Income Tax	$445M
Other Non-Cash Items	$72M
Change in Working Capital	$1.8B
OPERATING CASH FLOW	$8.2B
Capital Expenditure	-$3.5B
Acquisitions (Net)	-$389M
Purchases of Investments	-$3.6B
Sales/Maturities of Investments	$3.8B
Other Investing Activities	$241M
NET CASH FROM INVESTING	-$3.4B
Net Debt Issuance	-$1.9B
Common Stock Repurchased	-$533M
Common Dividends Paid	-$1.2B
Other Financing Activities	-$625M
NET CASH FROM FINANCING	-$3.9B
FREE CASH FLOW	$4.6B
Net Change in Cash	$808M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.6B
Short-Term Investments	$11.5B
Net Receivables	$4.7B
Inventory	$5.6B
Other Current Assets	$8.2B
TOTAL CURRENT ASSETS	$35.5B
PP&E (Net)	$36.2B
Goodwill	$14.1B
Intangible Assets	$9.5B
Long-Term Investments	$10.9B
Tax Assets	$907M
Other Non-Current Assets	$6.3B
TOTAL NON-CURRENT ASSETS	$77.8B
TOTAL ASSETS	$113.3B
Account Payables	$2.5B
Short-Term Debt	$4.6B
Deferred Revenue	$1.7B
Other Current Liabilities	$6.2B
TOTAL CURRENT LIABILITIES	$20.3B
Long-Term Debt	$20.6B
Deferred Revenue NC	$882M
Deferred Tax Liabilities	$1.7B
Other Non-Current Liabilities	$4.4B
TOTAL NON-CURRENT LIABILITIES	$26.8B
TOTAL LIABILITIES	$47.1B
Common Stock	$25.4B
Additional Paid-In Capital	$0
Retained Earnings	$40.7B
Treasury Stock	$0
Accum. Other Comp. Income	$106M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$66.2B
Minority Interest	$0
TOTAL EQUITY	$66.2B
TOTAL LIABILITIES & EQUITY	$113.3B
Total Debt	$25.3B
Net Debt	$19.7B