---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-23-000027"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:47:57.532756+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intel Q1 revenue $11.7B (-36% YoY); GAAP EPS -$0.66, non-GAAP -$0.04

## Summary
- Revenue $11.7B, down 36% YoY; GAAP net loss $2.8B ($0.66 EPS); non-GAAP net loss $0.2B ($0.04 EPS).
- CCG $5.8B (-38%), DCAI $3.7B (-39%), NEX $1.5B (-30%), Mobileye $458M (+16%), IFS $118M (-24%).
- Q2 guidance: revenue $11.5-12.5B, GAAP EPS -$0.62, non-GAAP EPS -$0.04.
- Cash from operations -$1.8B; dividends paid $1.5B.
- CEO cites steady transformation progress; key milestones in data center roadmap and IDM 2.0 execution.

## SEC filing metadata
- accession: 0000050863-23-000027
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086323000027/0000050863-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086323000027/intc-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-23-000027
- JSON: https://secwatch.observer/filing/0000050863-23-000027.json
- Plain text: https://secwatch.observer/filing/0000050863-23-000027.txt

## Key facts
- Earnings Releases
  INTEL CORP reported first quarter ended April 1, 2023 results: revenue $11.7 billion, net income $(2.8), EPS $(0.66). Guidance initiated.
  - Period: first quarter ended April 1, 2023
  - Revenue: $11.7 billion
  - Net income: $(2.8)
  - EPS: $(0.66)
  - Guidance: initiated
  - Result: reported results
  source text: First-quarter revenue of $11.7 billion, down 36% year over year (YoY). • First-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.66); non-GAAP EPS attributable to Intel was $(0.04).
  evidence_url: https://www.sec.gov/Archives/edgar/data/50863/000005086323000027/0000050863-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.