Intel Reports Flat Q1 2025 Revenue, Launches Cost-Cutting Drive

Santa Clara, CA — Intel posted Q1 2025 revenue of $12.7 billion, flat year-over-year. The company reported a GAAP loss of $0.19 per share, while non-GAAP EPS was $0.13. CEO Lip-Bu Tan announced plans to streamline operations, targeting $17B in 2025 operating expenses, down from $17.5B, and $16B in 2026.

Client Computing revenue dropped 8%, while Data Center and AI grew 8%. Intel forecasts Q2 revenue of $11.2–$12.4B, with expected GAAP EPS of $(0.32) and non-GAAP EPS of $0.00. The company is cutting capital expenditures to $18B and focusing on execution and efficiency as it ramps Intel 18A for late 2025 product launches.