Intel (INTC) Revenue — Quarter Ended Dec 28, 2024
Revenue for the quarter rose compared to the immediately preceding period but fell relative to the same quarter one year earlier. The sequential increase reversed a pattern of declines seen in prior quarters, while the year-over-year decline continued a trend of negative comparisons.
Key takeaway
Quarter ended Dec 28, 2024 · FY2024 Q4
Revenue for the quarter rose compared to the immediately preceding period but fell relative to the same quarter one year earlier. The sequential increase reversed a pattern of declines seen in prior quarters, while the year-over-year decline continued a trend of negative comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.3B
Revenue reported for this quarter.
Quarter-over-quarter
+7.3%
Change from the immediately preceding quarter.
Year-over-year
-7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$53.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 30, 2024 | $12.7B | +8.6% |
| Jun 29, 2024 | $12.8B | -0.9% |
| Sep 28, 2024 | $13.3B | -6.2% |
| Dec 28, 2024 | $14.3B | -7.4% |
Revenue performance
Revenue increased from the prior quarter, marking a sequential improvement. However, compared with the same quarter a year ago, revenue was lower, extending a year-over-year contraction.
Quarterly comparison
The sequential gain followed a period of declining year-over-year changes, which turned from positive in the first quarter to increasingly negative through the year. The current quarter's year-over-year decline was the largest among the four quarters.
What to watch
Monitor whether the sequential revenue growth can be sustained while the year-over-year comparison remains negative.