Intel (INTC) FY2021 results: revenue $79.0 billion, up 1.5% on the year
Intel Corp. (INTC) reported revenue of $79.0 billion for fiscal 2021, the year ended 25 December 2021, up 1.5% on the year before. Net income was $19.9 billion, down 4.9%, and diluted earnings per share $4.86. The figures are the company's own, from the 10-K it filed with the SEC on 27 January 2022.
Revenue
$79.0 billion
+1.5% on the year
FY2014FY2021
Operating margin
24.6%
30.4% a year earlier
FY2014FY2021
Net income
$19.9 billion
-4.9% on the year
FY2014FY2021
Diluted EPS
$4.86
-1.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
29,456
35,864
33,145
-17.9%
Capital expenditure
18,733
14,259
16,213
+31.4%
Free cash flow
10,723
21,605
16,932
-50.4%
Free cash flow margin
13.6%
27.7%
23.5%
Cash from investing
-24,283
-21,524
-14,405
Cash from financing
-6,211
-12,669
-17,565
Depreciation and amortisation
11,792
12,239
200
-3.7%
Share-based compensation
2,036
1,854
1,705
+9.8%
Buybacks
2,415
14,229
13,576
-83.0%
Dividends paid
5,644
5,568
5,576
+1.4%
Diluted shares, weighted
4,090m
4,232m
4,473m
-3.4%
Shares outstanding at period end
4,070m
4,062m
4,290m
+0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
95,391
81,038
77,504
+17.7%
Non-controlling interest
0.0
n/a
n/a
Redeemable equity
n/a
0.0
155
Debt
38,101
36,401
29,003
+4.7%
Other liabilities
34,914
35,652
29,862
-2.1%
Total liabilities and equity
168,406
153,091
136,524
+10.0%
Fixed assets
63,245
56,584
55,386
+11.8%
Goodwill
26,963
26,971
26,276
-0.0%
Intangible assets
7,270
9,026
10,827
-19.5%
Investments
25,266
4,484
4,358
+463.5%
Trading assets
21,483
15,738
7,847
+36.5%
Cash and equivalents
4,827
5,865
4,194
-17.7%
Receivables
9,457
6,782
7,659
+39.4%
Inventory
10,776
8,427
8,744
+27.9%
Other assets
n/a
19,214
11,233
Total assets
168,406
153,091
136,524
+10.0%
10-K for the year ended 25 December 2021, filed 27 January 2022: the filing.