---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-25-000107"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:47:32.761602+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Intel Q2 revenue flat at $12.9B, GAAP EPS $(0.67); announces restructuring plan with $1.9B charges, workforce cut 15%

## Summary
- GAAP EPS $(0.67) and non-GAAP EPS $(0.10); revenue $12.9B flat YoY.
- Restructuring charges of $1.9B in Q2; workforce reduction of 15% targeting ~75,000 employees by year-end.
- Halting projects in Germany and Poland; consolidating Costa Rica assembly/test into Vietnam and Malaysia; slowing Ohio construction.
- Q3 guidance: revenue $12.6B–$13.6B, GAAP EPS $(0.24), non-GAAP EPS $0.00; additional $800M impairment and $200M one-time costs.

## SEC filing metadata
- accession: 0000050863-25-000107
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/0000050863-25-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/intc-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-25-000107
- JSON: https://secwatch.observer/filing/0000050863-25-000107.json
- Plain text: https://secwatch.observer/filing/0000050863-25-000107.txt

## Key facts
- Restructurings & Charges
  INTEL CORP announced a restructuring with charges of $1.9 billion of restructuring charges affecting enterprise-wide (reduce our core Intel workforce by 15% by the end of fiscal 2025).
  - Type: restructuring
  - Charge: $1.9 billion of restructuring charges
  - Affected area: enterprise-wide
  - Headcount: reduce our core Intel workforce by 15% by the end of fiscal 2025
  source text: The Company expects these headcount reduction initiatives will reduce our core Intel workforce by 15% by the end of fiscal 2025. As a result of initiating and deploying the 2025 Restructuring Plan, the Company expects to recognize $1.9 billion of restructuring charges related to these actions, of which the Company is recognizing $1.8 billion in the second quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/0000050863-25-000107-index.htm

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