# Intel (INTC) Forecast Calculator

Interactive five-year financial forecast and DCF for Intel. Adjust revenue growth, margins, capex, and WACC to update revenue, free cash flow, and enterprise value.

- Canonical: https://finamodel.com/companies/intel/forecast
- Industry: Technology
- Forecast start year: 2026

## Historical data

| Year | Revenue | Free cash flow | EBITDA | Net income |
|---:|---:|---:|---:|---:|
| 2021 | 71965000000 | 16932000000 | 31239000000 | 21048000000 |
| 2022 | 77867000000 | 21605000000 | 34160000000 | 20899000000 |
| 2023 | 79024000000 | 10723000000 | 29409000000 | 19868000000 |
| 2024 | 63054000000 | -9411000000 | 13462000000 | 8014000000 |
| 2025 | 54228000000 | -14279000000 | 7940000000 | 1689000000 |

## Frequently asked questions

### What is Intel's IDM 2.0 business model?

Intel's IDM 2.0 strategy involves separating its product design businesses from its manufacturing operations. This historic transition aims to establish an internal foundry model, with a goal to reach foundry operating break-even by 2027.

### How does Intel generate its revenue?

Intel designs and manufactures microprocessors, chipsets, and AI accelerators for various devices, including personal computers, data centers, and edge devices. Its primary external revenue segments are Client Computing Group (CCG), Data Center and AI (DCAI), and Network and Edge (NEX).

### What is the assumed capital expenditure as a percentage of revenue in the Intel financial model?

The financial model assumes a Capex_Pct_Revenue of approximately 30.29%. This reflects Intel's asset-heavy business model and the extraordinarily high capital expenditure required for its IDM 2.0 buildout.

### What is the primary purpose of the Intel financial model?

The Intel financial model aims to evaluate the company's sum-of-the-parts equity valuation and assess its liquidity runway. This analysis is crucial as Intel undergoes a massive restructuring and transitions to an internal foundry model.

### Can I download an Excel financial model for Intel?

Yes, an Excel financial model for Intel (INTC) is available for download. It is a general corporate model designed to forecast the company's financials from FY2026 through FY2030.

### What is the assumed revenue growth rate for Intel in the financial model?

The financial model's top assumption for Intel's revenue growth is approximately -6.83%. This reflects the current challenging environment and the company's ongoing restructuring efforts.