Intel Q4 earnings reveal rocky path to recovery following weakest full-year revenue since 2010 — Intel Foundry losses continue as 18A begins ramp, but supply challenges set to ease in Q2 2026

Intel's Q4 earnings show a challenging path to recovery with its weakest revenue since 2010. Despite exceeding Q4 expectations, the company reported a net loss of $300 million for 2025, an improvement from the previous year. Supply challenges impacted revenue, with Intel's wafer supply constraints leading to a GAAP loss of $600 million in Q4. The Data Center and AI Group saw revenue growth, while the Client Computing Group faced margin declines due to constrained internal wafer capacity. Intel Foundry showed revenue growth but posted an operating loss. Looking ahead, Intel anticipates revenue decline in Q1 2026 due to ongoing supply constraints, with expectations for improved supply conditions in Q2.