Intel R&D increased by 4.8% to $3.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.3%, from $3.64B to $3.38B. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a -2.4% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 24, 2026
How to read this metric
Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.
Detailed definition
Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...
Peer comparison
Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.
Metric ID:
research_and_developmentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.72B | $3.80B | $4.05B | $4.36B | $4.40B | $4.30B | $4.46B | $4.11B | $4.08B | $3.87B | $3.99B | $4.38B | $4.24B | $4.05B | $3.88B | $3.64B | $3.68B | $3.23B | $3.22B | $3.38B |
| QoQ Change | — | +2.4% | +6.5% | +7.7% | +0.9% | -2.2% | +3.8% | -8.0% | -0.7% | -5.1% | +3.0% | +9.9% | -3.3% | -4.5% | -4.3% | -6.1% | +1.2% | -12.3% | -0.4% | +4.8% |
| YoY Change | — | — | — | — | +18.4% | +13.1% | +10.2% | -5.8% | -7.3% | -10.0% | -10.7% | +6.6% | +3.9% | +4.6% | -2.8% | -16.9% | -13.1% | -20.2% | -17.0% | -7.3% |
Range$3.22B – $4.46B
CAGR-2.0%
Avg YoY Growth-3.4%
Median YoY Growth-6.5%
R&D at Other Companies
Frequently Asked Questions
- What is Intel's r&d?
- Intel (INTC) reported r&d of $3.38B in Q1 2026.
- How has Intel's r&d changed year-over-year?
- Intel's r&d decreased by 7.3% year-over-year, from $3.64B to $3.38B.
- What is the long-term trend for Intel's r&d?
- Over 4 years (2021 to 2025), Intel's r&d has grown at a -2.4% compound annual growth rate (CAGR), from $15.19B to $13.77B.
- What does r&d mean?
- The money spent on creating new products or improving existing ones to drive future growth.