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Intel Corporation
Consolidated Condensed Statements of Income and Other Information
|
Three Months Ended |
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|
(In Millions, Except Per Share Amounts; unaudited) |
Oct 1, 2022 |
Sep 25, 2021 |
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|
Net revenue |
$ 15,338 |
$ 19,192 |
||
|
Cost of sales |
8,803 |
8,446 |
||
|
Gross margin |
6,535 |
10,746 |
||
|
Research and development |
4,302 |
3,803 |
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|
Marketing, general and administrative |
1,744 |
1,674 |
||
|
Restructuring and other charges |
664 |
42 |
||
|
Operating expenses |
6,710 |
5,519 |
||
|
Operating income (loss) |
(175) |
5,227 |
||
|
Gains (losses) on equity investments, net |
(151) |
1,707 |
||
|
Interest and other, net |
138 |
(76) |
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|
Income (loss) before taxes |
(188) |
6,858 |
||
|
Provision for (benefit from) taxes |
(1,207) |
35 |
||
|
Net income |
$ 1,019 |
$ 6,823 |
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|
Earnings per share—basic |
$ 0.25 |
$ 1.68 |
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|
Earnings per share—diluted |
$ 0.25 |
$ 1.67 |
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|
Weighted average shares of common stock outstanding: |
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|
Basic |
4,118 |
4,061 |
||
|
Diluted |
4,125 |
4,086 |
||
|
Three Months Ended |
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|
(In Millions) |
Oct 1, 2022 |
Sep 25, 2021 |
||
|
Earnings per share of common stock information: |
||||
|
Weighted average shares of common stock outstanding—basic |
4,118 |
4,061 |
||
|
Dilutive effect of employee equity incentive plans |
7 |
25 |
||
|
Weighted average shares of common stock outstanding—diluted |
4,125 |
4,086 |
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|
Other information: |
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|
Employees (in thousands) |
131.5 |
117.2 |
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