Intel vs Qualcomm
Intel reported revenue of $52.9 billion in fiscal 2025, 1.2 times Qualcomm's $44.3 billion in fiscal 2025. Intel's revenue fell 0.5% in its latest year, and Qualcomm's grew 13.7%. Intel had an operating margin of -4.2%, against 27.9% at Qualcomm. Free cash flow was −$4.9 billion at Intel and $12.8 billion at Qualcomm. Their fiscal years end in different months (December 27 and September 28), so the periods don't line up exactly.
Side by side
| Intel | Qualcomm | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 27, 2025 | FY2025, Sep 28, 2025 |
| Revenue | $52.9B | $44.3B |
| Revenue growth | −0.5% | 13.7% |
| Revenue growth a year, last 5 years | −7.5% | 13.5% |
| Gross margin | 34.8% | 55.4% |
| Operating margin | −4.2% | 27.9% |
| Net margin | −0.5% | 12.5% |
| Free cash flow | −$4.9B | $12.8B |
| Free cash flow margin | −9.4% | 28.9% |
| Return on capital | −0.8% | 23.7% |
| Net debt to EBITDA | 1.0x | 0.3x |
| Dividends and buybacks | $0M | $12.6B |
| Change in diluted share count | 5.8% | −2.2% |
| Last close | $90.47 | $179.60 |
| P/E at the last close | — | 20.5× |
| Insider trades, last 12 months | bought $10.2 million, sold $7.5 million | sold $21.6 million |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
IntelQualcomm
Operating margin
Percent of revenue
IntelQualcomm
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
IntelQualcomm