Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $77,867 | $79,024 | $63,054 | $54,228 | $53,101 |
| Gross Profit | $43,612 | $43,815 | $26,866 | $21,711 | $17,345 |
| Operating Income | $23,678 | $19,456 | $2,334 | $93 | -$11,678 |
| Net Income | $20,899 | $19,868 | $8,014 | $1,689 | -$18,756 |
Over the past five years, Intel’s income statement shows a marked deterioration in profitability metrics despite stable revenue levels in the early period. In 2020 and 2021, revenue remained strong at about USD 78–79 billion, with gross profits in the USD 43–44 billion range. However, while revenue experienced only modest growth or slight declines year-over-year initially, operating and net income began to contract – operating income declined approximately 18% from 2020 to 2021, while net income fell by about 5% in the same period. The stability in top-line metrics contrasted sharply with the margins, suggesting rising costs or margin pressures even as revenue held steady. Starting in 2022, the company experienced significant declines across most metrics, with revenue dropping by over 20% from 2021 and gross profit plunging nearly 39%. Operating income tumbled dramatically from USD 19.5 billion in 2021 to just USD 2.3 billion in 2022, and net income fell almost 60% to roughly USD 8.0 billion. The downward trend continued in 2023, with operating income nearly eroded to break-even levels and net income further compressed. The situation worsened in 2024 where operating income turned negative at -USD 11.7 billion and net income swung to a loss of -USD 18.8 billion. This sharp reversal hints at either operational challenges, increased costs, or significant one-off charges impacting the bottom line. Overall, these figures indicate substantial financial headwinds, raising concerns about Intel’s current operating efficiency and its ability to sustain profitability in a highly competitive semiconductor industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.