Intel annual free cash flow
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2024
2025
Intel Free Cash Flow (FCF) History (INTC)
Intel reported −$4.95B in free cash flow for fiscal 2025, an increase of $10.71B from the previous fiscal year, with a free cash flow margin of −9.36%.
View full Intel company overviewIntel free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-27 | −$4.95B | $10.71B | — | −9.36% |
| 2024 | 2024-12-28 | −$15.66B | −$1.38B | — | −29.48% |
| 2023 | 2023-12-30 | −$14.28B | −$4.87B | — | −26.33% |
| 2022 | 2022-12-31 | −$9.41B | −$20.13B | — | −14.93% |
| 2021 | 2021-12-25 | $10.72B | −$10.88B | −50.37% | +13.57% |
| 2020 | 2020-12-26 | $21.61B | $4.67B | +27.60% | +27.75% |
| 2019 | 2019-12-28 | $16.93B | $2.68B | +18.81% | +23.53% |
| 2018 | 2018-12-29 | $14.25B | $3.92B | +37.93% | +20.11% |
| 2017 | 2017-12-30 | $10.33B | −$1.85B | −15.19% | +16.46% |
| 2016 | 2016-12-31 | $12.18B | $491.0M | +4.20% | +20.51% |
| 2015 | 2015-12-26 | $11.69B | $1.38B | +13.37% | +21.12% |
| 2014 | 2014-12-27 | $10.31B | $248.0M | +2.46% | +18.46% |
| 2013 | 2013-12-28 | $10.06B | $2.21B | +28.10% | +19.10% |
| 2012 | 2012-12-29 | $7.86B | −$2.34B | −22.96% | +14.73% |
| 2011 | 2011-12-31 | $10.20B | −$1.29B | −11.20% | +18.89% |
| 2010 | 2010-12-25 | $11.48B | $4.83B | +72.58% | +26.33% |
| 2009 | 2009-12-26 | $6.66B | $926.0M | +16.16% | +18.95% |
| 2008 | 2008-12-27 | $5.73B | −$1.90B | −24.87% | +15.24% |
| 2007 | 2007-12-29 | $7.63B | — | — | +19.89% |
Intel quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | $4.45B | $5.95B | — | +27.59% |
| Q1 2026 | 2026-03-28 | −$2.54B | $1.83B | — | −18.71% |
| Q4 2025 | 2025-12-27 | $800.0M | $3.47B | — | +5.85% |
| Q3 2025 | 2025-09-27 | $121.0M | $2.52B | — | +0.89% |
| Q2 2025 | 2025-06-28 | −$1.50B | $1.89B | — | −11.66% |
| Q1 2025 | 2025-03-29 | −$4.37B | $2.82B | — | −34.50% |
| Q4 2024 | 2024-12-28 | −$2.67B | −$597.0M | — | −18.72% |
| Q3 2024 | 2024-09-28 | −$2.40B | −$2.48B | — | −18.10% |
| Q2 2024 | 2024-06-29 | −$3.39B | −$310.0M | — | −26.42% |
| Q1 2024 | 2024-03-30 | −$7.19B | $2.00B | — | −56.53% |
| Q4 2023 | 2023-12-30 | −$2.07B | −$4.08B | — | −13.45% |
| Q3 2023 | 2023-09-30 | $71.0M | $6.34B | — | +0.50% |
| Q2 2023 | 2023-07-01 | −$3.08B | $3.35B | — | −23.79% |
| Q1 2023 | 2023-04-01 | −$9.20B | −$10.48B | — | −78.51% |
| Q4 2022 | 2022-12-31 | $2.00B | $3.75B | — | +14.27% |
| Q3 2022 | 2022-10-01 | −$6.27B | −$12.17B | — | −40.87% |
| Q2 2022 | 2022-07-02 | −$6.43B | −$11.63B | — | −41.99% |
| Q1 2022 | 2022-04-02 | $1.29B | −$89.0M | −6.47% | +7.01% |
| Q4 2021 | 2021-12-25 | −$1.75B | −$8.25B | — | −8.53% |
| Q3 2021 | 2021-09-25 | $5.90B | $1.44B | +32.18% | +30.74% |
| Q2 2021 | 2021-06-26 | $5.20B | −$2.55B | −32.91% | +26.48% |
| Q1 2021 | 2021-03-27 | $1.38B | −$1.51B | −52.39% | +6.99% |
| Q4 2020 | 2020-12-26 | $6.50B | $1.28B | +24.53% | +32.55% |
| Q3 2020 | 2020-09-26 | $4.46B | −$1.58B | −26.10% | +24.34% |
| Q2 2020 | 2020-06-27 | $7.75B | $3.72B | +92.14% | +39.28% |
| Q1 2020 | 2020-03-28 | $2.89B | $1.25B | +76.43% | +14.58% |
| Q4 2019 | 2019-12-28 | $5.22B | $2.21B | +73.49% | +25.84% |
| Q3 2019 | 2019-09-28 | $6.04B | $1.05B | +21.17% | +31.47% |
| Q2 2019 | 2019-06-29 | $4.03B | $1.15B | +39.89% | +24.44% |
| Q1 2019 | 2019-03-30 | $1.64B | −$1.74B | −51.45% | +10.20% |
| Q4 2018 | 2018-12-29 | $3.01B | −$162.0M | −5.11% | +16.13% |
| Q3 2018 | 2018-09-29 | $4.98B | $1.70B | +51.72% | +26.01% |
| Q2 2018 | 2018-06-30 | $2.88B | $954.0M | +49.46% | +17.00% |
| Q1 2018 | 2018-03-31 | $3.37B | $1.43B | +73.38% | +21.00% |
| Q4 2017 | 2017-12-30 | $3.17B | −$1.45B | −31.34% | +18.60% |
| Q3 2017 | 2017-09-30 | $3.29B | −$10.0M | −0.30% | +20.34% |
| Q2 2017 | 2017-07-01 | $1.93B | $370.0M | +23.73% | +13.07% |
| Q1 2017 | 2017-04-01 | $1.95B | −$763.0M | −28.17% | +13.15% |
| Q4 2016 | 2016-12-31 | $4.62B | $1.52B | +49.03% | +28.22% |
| Q3 2016 | 2016-10-01 | $3.29B | −$1.23B | −27.25% | +20.88% |
| Q2 2016 | 2016-07-02 | $1.56B | −$114.0M | −6.81% | +11.52% |
| Q1 2016 | 2016-04-02 | $2.71B | $319.0M | +13.35% | +19.77% |
| Q4 2015 | 2015-12-26 | $3.10B | −$528.0M | −14.55% | +20.79% |
| Q3 2015 | 2015-09-26 | $4.53B | $1.28B | +39.44% | +31.31% |
| Q2 2015 | 2015-06-27 | $1.67B | −$952.0M | −36.27% | +12.68% |
| Q1 2015 | 2015-03-28 | $2.39B | $1.58B | +194.33% | +18.70% |
| Q4 2014 | 2014-12-27 | $3.63B | $538.0M | +17.41% | +24.65% |
| Q3 2014 | 2014-09-27 | $3.25B | $383.0M | +13.37% | +22.32% |
| Q2 2014 | 2014-06-28 | $2.63B | $626.0M | +31.32% | +18.98% |
| Q1 2014 | 2014-03-29 | $812.0M | −$1.30B | −61.53% | +6.36% |
| Q4 2013 | 2013-12-28 | $3.09B | −$432.0M | −12.27% | +22.34% |
| Q3 2013 | 2013-09-28 | $2.87B | $605.0M | +26.77% | +21.25% |
| Q2 2013 | 2013-06-29 | $2.00B | −$78.0M | −3.76% | +15.60% |
| Q1 2013 | 2013-03-30 | $2.11B | $2.11B | — | +16.78% |
| Q4 2012 | 2012-12-29 | $3.52B | −$264.0M | −6.97% | +26.13% |
| Q3 2012 | 2012-09-29 | $2.26B | −$1.38B | −37.84% | +16.79% |
| Q2 2012 | 2012-06-30 | $2.08B | $590.0M | +39.68% | +15.38% |
| Q1 2012 | 2012-03-31 | −$2.0M | −$1.29B | — | −0.02% |
| Q4 2011 | 2011-12-31 | $3.79B | $105.0M | +2.85% | +27.26% |
| Q3 2011 | 2011-10-01 | $3.64B | $1.42B | +64.15% | +25.55% |
| Q2 2011 | 2011-07-02 | $1.49B | −$951.0M | −39.01% | +11.41% |
| Q1 2011 | 2011-04-02 | $1.29B | −$1.86B | −59.06% | +10.04% |
| Q4 2010 | 2010-12-25 | $3.68B | $1.36B | +58.39% | +32.13% |
| Q3 2010 | 2010-09-25 | $2.21B | −$844.0M | −27.59% | +19.95% |
| Q2 2010 | 2010-06-26 | $2.44B | $35.0M | +1.46% | +22.65% |
| Q1 2010 | 2010-03-27 | $3.15B | $4.28B | — | +30.60% |
| Q4 2009 | 2009-12-26 | $2.32B | $411.0M | +21.48% | +21.99% |
| Q3 2009 | 2009-09-26 | $3.06B | — | — | +32.58% |
| Q2 2009 | 2009-06-27 | $2.40B | — | — | +29.95% |
| Q1 2009 | 2009-03-28 | −$1.13B | — | — | −15.83% |
| Q3 2008 | 2008-09-27 | $1.91B | — | — | +18.72% |
Intel free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $21.61B to −$4.95B, a net decrease of $26.55B. Intel's latest reported quarter, Q2 2026, generated $4.45B in free cash flow, an increase of $5.95B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Intel filings at SEC.gov ↗