On Jan. 17, Intel (NASDAQ:INTC) released FY 2005 earnings for the period ending Dec. 31, 2005.

  • Revenue, earnings, and margins miss Street expectations and company guidance.
  • Inventory growth outpaces sales by a wide margin.
  • Updated 2006 revenue guidance is lower than the low end of analyst estimates.

(Figures in millions, except per-share data)

Income Statement Highlights

Avg. Est.

FY 2005

FY 2004

% Change

Sales

$39,190

$38,826

$34,209

+13.5%

Net Profit

--

$8,664

$7,516

+15.3%

EPS

$1.43

$1.40

$1.16

+20.7%



Learn more about the income statement.

Margin Checkup

FY 2005

FY 2004

Change

Gross Margin

59.36%

57.72%

+1.64%

Op. Margin

31.14%

29.61%

+1.53%

Net Margin

22.31%

21.97%

+0.34%



For more information on the importance of margins, check your Foolish fundamentals.

Balance Sheet Highlights

Assets

Q4 2005

Q4 2004

% Change

Cash + ST Invest.

$11,314

$14,061

-19.5%

Inventory

$3,126

$2,621

+19.3%

Accounts Rec.

$3,914

$2,999

+30.5%



Liabilities

Q4 2005

Q4 2004

% Change

Long-Term Debt

$2,106

$703

+199.6%

Accounts Pay.

$6,453

$6,050

+6.7%



Concerned about that inventory buildup? Learn what it can tell you about a company's health.

Cash Flow Highlights

Intel has not yet supplied a complete full-year cash flow statement.

Related Companies:

  • AMD (NYSE:AMD)
  • Apple (NASDAQ:AAPL)
  • Dell (NASDAQ:DELL)
  • TexasInstruments (NYSE:TXN)
  • Freescale Semiconductor (NYSE:FSL)

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

At the time of publication,Seth Jaysonhad positions in no company mentioned here. Dell is aMotley Fool Stock Advisorrecommendation. Fool rules arehere.