Intel (INTC) FY2022 results: revenue $63.1 billion, down 20.2% on the year
Intel Corp. (INTC) reported revenue of $63.1 billion for fiscal 2022, the year ended 31 December 2022, down 20.2% on the year before. Net income was $8.0 billion, down 59.7%, and diluted earnings per share $1.94. The figures are the company's own, from the 10-K it filed with the SEC on 27 January 2023.
Revenue
$63.1 billion
-20.2% on the year
FY2015FY2022
Operating margin
3.7%
24.6% a year earlier
FY2015FY2022
Net income
$8.0 billion
-59.7% on the year
FY2015FY2022
Diluted EPS
$1.94
-60.1% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
15,433
29,456
35,864
-47.6%
Capital expenditure
24,844
18,733
14,259
+32.6%
Free cash flow
-9,411
10,723
21,605
Free cash flow margin
-14.9%
13.6%
27.7%
Cash from investing
-10,231
-24,283
-21,524
Cash from financing
1,115
-6,211
-12,669
Depreciation and amortisation
13,035
11,792
12,239
+10.5%
Share-based compensation
3,128
2,036
1,854
+53.6%
Buybacks
0.0
2,415
14,229
Dividends paid
5,997
5,644
5,568
+6.3%
Dividend per share
$1.46
n/a
n/a
Diluted shares, weighted
4,123m
4,090m
4,232m
+0.8%
Shares outstanding at period end
4,137m
4,070m
4,062m
+1.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
101,423
95,391
81,038
+6.3%
Non-controlling interest
1,863
0.0
n/a
Redeemable equity
n/a
n/a
0.0
Debt
42,051
38,101
36,401
+10.4%
Other liabilities
36,766
34,914
35,652
+5.3%
Total liabilities and equity
182,103
168,406
153,091
+8.1%
Fixed assets
80,860
63,245
56,584
+27.9%
Goodwill
27,591
26,963
26,971
+2.3%
Intangible assets
6,018
7,270
9,026
-17.2%
Investments
17,194
25,266
4,484
-31.9%
Trading assets
n/a
21,483
15,738
Cash and equivalents
11,144
4,827
5,865
+130.9%
Receivables
4,133
9,457
6,782
-56.3%
Inventory
13,224
10,776
8,427
+22.7%
Other assets
21,939
n/a
19,214
Total assets
182,103
168,406
153,091
+8.1%
10-K for the year ended 31 December 2022, filed 27 January 2023: the filing.