Total Operating Expenses

Operating Expenses

Intel Total Operating Expenses decreased by 32.5% to $4.54B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 59.0%, from $11.05B to $4.54B. Over 3 years (FY 2021 to FY 2024), Total Operating Expenses shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: is_total_operating_expenses

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$5.66B$5.52B$6.02B$4.90B$6.29B$6.71B$6.63B$5.48B$5.65B$6.03B$4.46B$6.29B$6.51B$11.05B$5.17B$4.97B$6.72B$4.54B
QoQ Change-2.5%+9.1%-18.6%+28.2%+6.7%-1.2%-17.4%+3.3%+6.6%-26.0%+40.9%+3.6%+69.8%-53.2%-3.8%+35.1%-32.5%
YoY Change+11.1%+21.6%+10.2%+11.7%-10.1%-10.2%-32.7%+14.8%+15.2%+83.4%+15.9%-20.9%+3.2%-59.0%
Range$4.46B$11.05B
CAGR-5.1%
Avg YoY Growth+3.9%
Median YoY Growth+10.6%

Business Segments

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Frequently Asked Questions

What is Intel's total operating expenses?
Intel (INTC) reported total operating expenses of $4.54B in Q3 2025.
How has Intel's total operating expenses changed year-over-year?
Intel's total operating expenses decreased by 59.0% year-over-year, from $11.05B to $4.54B.
What is the long-term trend for Intel's total operating expenses?
Over 3 years (2021 to 2024), Intel's total operating expenses has grown at a 6.0% compound annual growth rate (CAGR), from $24.36B to $29.02B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.

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