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Intel INTC posts $0.42 non-GAAP EPS and $16.1 billion in revenue, topping estimates on both lines

7/23/2026

A double beat puts Intel (INTC) in focus this session.

The company reported non-GAAP earnings per share of $0.42 for the period, clearing consensus by $0.20, while revenue reached $16.1 billion, surpassing Street estimates by $1.65 billion.

Both overages are large enough that the sell side will need to revisit its models. The print Non-GAAP EPS of $0.42 came in $0.20 ahead of what analysts expected.

That is a meaningful gap relative to the reported figure itself, suggesting the consensus estimate was built on assumptions about demand or pricing that proved too conservative.