Intel stock holds after revenue fell 8% in 2025

Intel (US4581401001) stock reflects a business that is still working through a heavy reset: 2025 revenue fell 8% to $53.1 billion, non-GAAP gross margin reached 39.4%, and adjusted earnings per share were $0.13. Those figures come from Intel's 2025 annual reporting and frame the stock around execution, not narrative.

Revenue down 8%

Intel's 2025 revenue of $53.1 billion was 8% lower than in 2024, according to the company's annual report. The same report puts 2025 non-GAAP gross margin at 39.4%, which shows that profitability still matters more than growth for the semiconductor group.

Adjusted EPS of $0.13 for 2025 adds a third dated metric to the picture. For investors, the combination of lower sales and modest profitability is the key comparison point, not a one-day move.

Margin still leads

The margin line is the cleanest way to read Intel right now. A 39.4% non-GAAP gross margin in 2025 gives the market a clearer base for judging whether the company can rebuild earnings quality in 2026.

The 8% revenue decline also gives context to management's capital and operating choices. When sales shrink and EPS stays near break-even, every percentage point of margin becomes more valuable.

Foundry and product mix

Intel's product mix remains central to how the market values the company. A 2025 revenue base of $53.1 billion and a 39.4% gross margin indicate that the turnaround must be measured through operating leverage as much as through unit demand.

Adjusted EPS of $0.13 is still the simplest earnings checkpoint. It keeps attention on whether Intel can turn lower sales into better profit conversion in the next reporting cycle.

Intel Core line

The Intel Core franchise remains one of the company's best-known consumer brands and still helps anchor its PC business. In a year when revenue fell 8% and margin reached 39.4%, the product mix around client chips matters because it influences both volume and pricing.

That matters for the stock because Intel's valuation will be tied to evidence of recovery in core computing demand, not just to statements about strategy.

Stock level matters

Intel stock is trading against a 2025 base that includes $53.1 billion in revenue, 39.4% non-GAAP gross margin, and $0.13 adjusted EPS. Without a reliable fresh quote in the available source set, the dated 2025 numbers become the practical market anchor for the shares.

The stock therefore reads as a margin-and-earnings story first, with revenue still under pressure from the 2024 comparison. That combination is enough to keep the focus on execution across 2026 reporting periods.