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INTEL CORP Income Tax Expense 2011-2026 | INTC

Annual FY2011–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$1.53B

−80.9%YoY vs FY2024Source: 10-KFY2025

From $4.84B in FY2011 to $1.53B in FY2025: 0.3× in 14 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$335M+11.3%$29M−88.6%Not reportedNot reported
FY25$301M+206.7%$255M+172.9%$304M−96.2%$671M−10.8%
FY24−$282M−117.5%−$350M$7.9B+2283.1%$752M
FY23$1.6B+4.0%Not reported−$362M+70.0%Not reported
FY22$1.5B+184.0%−$455M−166.5%−$1.2B−3548.6%Not reported
Share23%23%16%38%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

−18.2%

FY2020
$4.18B
FY2025
$1.53B

5 years selected · on the chart

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  1. $1.53B
YoY changeLargest recent move+310.3%in FY17Latest −80.9%

3 older moves run past ±150% (largest +978.8%); point at, tap or drag across the bars to read one.

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$1.53B−80.9%10-K
FY2024$8.02B+978.8%10-K
FY2023−$913.0M−266.7%10-K
FY2022−$249.0M−113.6%10-K
FY2021$1.83B−56.1%10-K
FY2020$4.18B+38.8%10-K
FY2019$3.01B+33.0%10-K
FY2018$2.26B−78.9%10-K
FY2017$10.75B+310.3%10-K
FY2016$2.62B−6.2%10-K
FY2015$2.79B−31.9%10-K
FY2014$4.10B+37.0%10-K
FY2013$2.99B−22.7%10-K
FY2012$3.87B−20.1%10-K
FY2011$4.84B—10-K

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is INTEL CORP's current income tax expense?

INTEL CORP (INTC) annual income tax expense for 2025 was $1.53B, a 80.92% decline from 2024. INTEL CORP income tax expense for the quarter ending June 27, 2026 was $29.0M.

What was INTEL CORP's income tax expense in 2024?

INTEL CORP annual income tax expense for 2024 was $8.02B, a 978.75% increase from 2023.

What was INTEL CORP's income tax expense in 2023?

INTEL CORP annual income tax expense for 2023 was $-913.0M, a 266.67% decline from 2022.

What is INTEL CORP's 5-year income tax expense CAGR?

INTEL CORP income tax expense grew at a compound annual growth rate (CAGR) of 18.19% from FY2020 to FY2025, going from $4.18B to $1.53B over 5 years.

Company
INTEL CORP
Ticker
INTC
Sector
Technology
Industry
Semiconductors & Related Devices