Intel Corporation
Shortcut
0.42Normalized diluted EPS
+4.2% vs Street
Street
0.40Normalized diluted EPS
October 25 consensus snapshot
Real
0.52Intel non-GAAP diluted EPS attributable to Intel
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Intel guided 3Q26 revenue $15.8-16.8B, non-GAAP GM 42%, tax 11%, non-GAAP EPS $0.38 (Jul-23-2026); it beat its own EPS guide by $0.07-$0.29 in each of the last four quarters, so the model sits modestly above the midpoint.
Bottom-up revenue $16.58B (+21% Y/Y): client flat Q/Q (volume -15% Y/Y vs IDC PC units -20%, ASP +23%), server +8% Q/Q on late-quarter supply, wafer pivot and July price increases, foundry intersegment +4%, Mobileye ~$480M.
Non-GAAP GM 42.3% (vs 42.0% guide; no repeat of the 2Q26 client inventory charge, offset by Panther Lake/Granite Rapids mix), non-GAAP opex $4.175B, interest & other -$75M, 11% tax, non-GAAP NCI $295M -> non-GAAP NI $2.17B / 5,195M shares = $0.417.
On the record.
- Reporting period
- Q3 2026 (FQ3 2026 - Sep 2026; issuer quarter ended 2026-09-26, supplied period end 2026-09-30)
- Reporting basis
- Normalized (Intel non-GAAP) diluted EPS
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 26, 2026 at 3:30 AM PDT
- Reviewed revision completed
- Oct 26, 2026 at 3:30 AM PDT
- First published
- Oct 26, 2026 at 3:54 AM PDT
Result basis
Intel explicitly reports non-GAAP diluted EPS 0.52 versus GAAP 0.60 for the quarter endedSeptember 26. The Supplemental Reconciliation includes adjustments attributable to noncontrolling interests and income taxes. The issuer quarter end is recorded separately from the frozen providerSeptember 30 convention. The corresponding prior-year fiscal-quarter issuer adjusted comparative 0.23 matches the frozen normalized history. This does not certify exhaustive item-level vendor equivalence.