Will Intel delight investors with a big beat on quarterly earnings when they report on 7/23?
75% of users predicted YES — the community got this one right. 48 predictions cast.
Intel reported second-quarter 2026 results after the market close on July 23, and the report beat Wall Street expectations on both revenue and earnings. Revenue came in at $16.1 billion, up roughly 25% year-over-year and well above the approximately $14.4 billion analysts had forecast, marking Intel's fastest revenue growth in nearly 15 years. Earnings per share also topped estimates by a wide margin. The outperformance was driven primarily by Data Center and AI product demand, with that segment's revenue reaching roughly $6.3 billion versus analyst estimates near $5.5 billion.
Intel also issued third-quarter revenue guidance of $15.8 billion to $16.8 billion, above the $15.06 billion consensus, signaling management's expectation that AI-driven demand will continue. Shares jumped in after-hours trading, at one point rising as much as 13% above the regular-session close.
The report follows a volatile stretch for Intel, whose stock had already climbed sharply earlier in 2026 on optimism about its foundry business and AI positioning, making this earnings print a test of whether that rally was justified. The community had priced in a 75% chance of a big beat, and the outcome confirmed that expectation.