Intel’s Q2 earnings blow past Wall Street’s estimates, with an upbeat Q3 outlook to boot
Yahoo Finance Video and Josh Lipton
Fri, July 24, 2026 at 1:48 AM GMT+5:30
- INTC
-2.33%
Intel (INTC) reported impressive second quarter results on Thursday after the closing bell. Earnings per share (EPS) came in at $0.42 (compared to analyst estimates of $0.21), and revenue came in at $16.1 billion (compared to analyst estimates of $14.43 billion)
Yahoo Finance’s Josh Lipton takes a closer look at the breaking numbers
00:01Speaker A
Intel second quarter financial results are just hanging the wire. Let’s take a look at those numbers for Q2, EPS 42 cents. The consensus was 21 cents, beat
00:09Speaker A
For Q2 revenue, 16.13 billion versus an estimate of 14.43 billion. So that’s beats on the the top and the bottom
00:17Speaker A
It looks like uh Q2 gross margins also hanging in there, uh 41.8%. Analysts had had a forecast 39.2%
00:26Speaker A
Now looking ahead, also strong, uh stronger than expected on the on the Q3 uh forecast as well
00:32Speaker A
Uh this stock, remember, was already shooting higher year to date. It was up about 170%. That was excitement about server CPU demand
00:41Speaker A
Uh those reports about more interest in its foundry offerings also helping. Um but we are shooting higher even after that. You’re up now another quick 11% here in the after hours
