Intel's non-GAAP operating margin more than doubles to 12.3% in Q1 2026

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Intel reported non-GAAP operating income of $1.7 billion in the first quarter of 2026, up from $0.7 billion a year earlier, as its non-GAAP operating margin rose to 12.3% from 5.4%. Revenue in the Client Computing Group increased to $7.73 billion from $7.63 billion, while Datacenter and AI Group revenue improved to $5.05 billion from $4.13 billion, with the latter's operating margin jumping to 30.5% from 13.9%. Non-GAAP research and development and marketing, general and administrative expenses fell 9% year over year to $3.9 billion, further supporting profitability. Intel Foundry's operating loss narrowed sequentially but continued to weigh on overall margins due to higher investments in Intel 14A and advanced manufacturing ramp-up.

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Intel's non-GAAP operating margin more than doubled to 12.3% in Q1 2026, with strong profit growth in Client and Datacenter/AI groups.

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