Financials
Income statement, balance sheet and cash flow, built from SEC EDGAR filings.
NVIDIA CORP
NVDA
· CIK 0001045810
Figures in millions of USD unless the line is a per-share amount or a share count.
| Line item | Q2 2027 2026-07-31 | Q1 2027 2026-04-30 | Q4 2026 2026-01-31 | Q3 2026 2025-10-31 | Q2 2026 2025-07-31 | Q1 2026 2025-04-30 | Q4 2025 2025-01-31 | Q3 2025 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 96,221 | 81,615 | 68,127 | 57,006 | 46,743 | 44,062 | 39,331 | 35,082 |
| Gross Profit | 72,142 | 61,157 | 51,093 | 41,849 | 33,853 | 26,668 | 28,722 | 26,156 |
| Operating Income | 63,734 | 53,536 | 44,299 | 36,010 | 28,440 | 21,638 | 24,033 | 21,869 |
| Pre-Tax Income | 71,507 | 69,903 | 50,398 | 37,936 | 31,206 | 21,910 | 25,217 | 22,316 |
| Net Income | 59,688 | 58,321 | 42,960 | 31,910 | 26,422 | 18,775 | 22,091 | 19,309 |
| EPS (Diluted) | 2.46 | 2.39 | 1.76 | 1.30 | 1.08 | 0.76 | 0.89 | 0.78 |
| Balance Sheet | ||||||||
| Total Assets | 320,272 | 259,474 | 206,803 | 161,148 | 140,740 | 125,254 | 111,601 | 96,013 |
| Total Liabilities | 91,288 | 64,000 | 49,510 | 42,251 | 40,609 | 41,411 | 32,274 | 30,114 |
| Shareholders' Equity | 228,984 | 195,474 | 157,293 | 118,897 | 100,131 | 83,843 | 79,327 | 65,899 |
| Cash & Equivalents | 22,443 | 13,237 | 10,605 | 11,486 | 11,639 | 15,234 | 8,589 | 9,107 |
| Cash Flow | ||||||||
| Operating Cash Flow | 24,077 | 50,344 | 36,188 | 23,751 | 15,365 | 27,414 | 16,629 | 17,627 |
| Capital Expenditures | -2,677 | -1,757 | -1,284 | -1,636 | -1,895 | -1,227 | -1,077 | -813 |
| Free Cash Flow | 21,400 | 48,587 | 34,904 | 22,115 | 13,470 | 26,187 | 15,552 | 16,814 |
| Ratios | ||||||||
| Gross Margin | 74.98% | 74.93% | 75.00% | 73.41% | 72.42% | 60.52% | 73.03% | 74.56% |
| Operating Margin | 66.24% | 65.60% | 65.02% | 63.17% | 60.84% | 49.11% | 61.10% | 62.34% |
| Profit Margin | 62.03% | 71.46% | 63.06% | 55.98% | 56.53% | 42.61% | 56.17% | 55.04% |
| Free Cash Flow Margin | 22.24% | 59.53% | 51.23% | 38.79% | 28.82% | 59.43% | 39.54% | 47.93% |
| Line item | Q2 2027 2026-07-31 | Q1 2027 2026-04-30 | Q4 2026 2026-01-31 | Q3 2026 2025-10-31 | Q2 2026 2025-07-31 | Q1 2026 2025-04-30 | Q4 2025 2025-01-31 | Q3 2025 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Total Revenue | 96,221 | 81,615 | 68,127 | 57,006 | 46,743 | 44,062 | 39,331 | 35,082 |
| Cost of Revenue | ||||||||
| Cost of Revenue | 24,079 | 20,458 | 17,034 | 15,157 | 12,890 | 17,394 | 10,609 | 8,926 |
| Gross Profit | ||||||||
| Gross Profit | 72,142 | 61,157 | 51,093 | 41,849 | 33,853 | 26,668 | 28,722 | 26,156 |
| Operating Expenses | ||||||||
| R&D Expense | 7,054 | 6,321 | 5,512 | 4,705 | 4,291 | 3,989 | 3,714 | 3,390 |
| SG&A Expense | 1,354 | 1,300 | 1,282 | 1,134 | 1,122 | 1,041 | 975 | 897 |
| Total Operating Expenses | 8,408 | 7,621 | 6,794 | 5,839 | 5,413 | 5,030 | 4,689 | 4,287 |
| Operating Income | ||||||||
| Operating Income | 63,734 | 53,536 | 44,299 | 36,010 | 28,440 | 21,638 | 24,033 | 21,869 |
| Non-Operating Items | ||||||||
| Interest Expense | — | -102 | -73 | -61 | -62 | -63 | -61 | -61 |
| Interest Income | — | 540 | 569 | 624 | 592 | 515 | 511 | 472 |
| Non-Operating Income/Expense | 7,773 | 16,367 | 6,099 | 1,926 | 2,766 | 272 | 1,184 | 447 |
| Other Non-Operating Items | — | 15,929 | 5,603 | 1,363 | 2,236 | -180 | 734 | 36 |
| Pre-Tax Income | ||||||||
| Income Before Tax | 71,507 | 69,903 | 50,398 | 37,936 | 31,206 | 21,910 | 25,217 | 22,316 |
| Tax | ||||||||
| Income Tax Expense | 11,819 | 11,582 | 7,438 | 6,026 | 4,784 | 3,135 | 3,126 | 3,007 |
| Net Income | ||||||||
| Net Income Available to Common | 59,688 | 58,321 | 42,960 | 31,910 | 26,422 | 18,775 | 22,091 | 19,309 |
| EPS | ||||||||
| EPS (Basic) | 2.47 | 2.40 | 1.77 | 1.31 | 1.08 | 0.77 | 0.90 | 0.79 |
| EPS (Diluted) | 2.46 | 2.39 | 1.76 | 1.30 | 1.08 | 0.76 | 0.89 | 0.78 |
| Shares | ||||||||
| Shares Outstanding (Basic) | 24,190 | 24,286 | 24,302 | 24,327 | 24,366 | 24,441 | 24,489 | 24,533 |
| Shares Outstanding (Diluted) | 24,285 | 24,391 | 24,430 | 24,483 | 24,532 | 24,611 | 24,704 | 24,774 |
| Line item | Q2 2027 2026-07-31 | Q1 2027 2026-04-30 | Q4 2026 2026-01-31 | Q3 2026 2025-10-31 | Q2 2026 2025-07-31 | Q1 2026 2025-04-30 | Q4 2025 2025-01-31 | Q3 2025 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total Assets | 320,272 | 259,474 | 206,803 | 161,148 | 140,740 | 125,254 | 111,601 | 96,013 |
| Current Assets | 197,412 | 150,995 | 125,605 | 116,492 | 102,219 | 89,935 | 80,126 | 67,640 |
| Current Assets | ||||||||
| Cash & Cash Equivalents | 22,443 | 13,237 | 10,605 | 11,486 | 11,639 | 15,234 | 8,589 | 9,107 |
| Marketable Securities, Current | — | — | — | 49,122 | 45,152 | 38,457 | 34,621 | 29,380 |
| Accounts Receivable, Net | 63,059 | 40,710 | 38,466 | 33,391 | 27,808 | 22,132 | 23,065 | 17,693 |
| Inventory | 31,575 | 25,797 | 21,403 | 19,784 | 14,962 | 11,333 | 10,080 | 7,654 |
| Prepaid & Other Current Assets | 3,409 | 3,916 | 3,180 | 2,709 | 2,658 | 2,779 | 3,771 | 3,806 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment, Net | 14,285 | 12,403 | 10,383 | 9,780 | 9,141 | 7,136 | 6,283 | 5,343 |
| Goodwill | 21,125 | 20,894 | 20,832 | 6,261 | 5,755 | 5,498 | 5,188 | 4,724 |
| Intangible Assets, Net (excl. Goodwill) | 2,998 | 3,120 | 3,306 | 936 | 755 | 769 | 807 | 838 |
| Deferred Tax Assets | 12,159 | 11,707 | 13,258 | 13,674 | 13,570 | 13,318 | 10,979 | 10,276 |
| Other Non-Current Assets | 15,746 | 12,733 | 8,301 | 11,724 | 7,216 | 6,788 | 3,038 | 5,437 |
| Operating Lease Right-of-Use Assets | 5,390 | 4,258 | 2,867 | 2,281 | 2,084 | 1,810 | 1,793 | 1,755 |
| Liabilities & Equity | ||||||||
| Total Liabilities & Equity | 320,272 | 259,474 | 206,803 | 161,148 | 140,740 | 125,254 | 111,601 | 96,013 |
| Liabilities | ||||||||
| Total Liabilities | 91,288 | 64,000 | 49,510 | 42,251 | 40,609 | 41,411 | 32,274 | 30,114 |
| Commitments & Contingencies | — | — | 0 | — | — | — | 0 | — |
| Current Liabilities | ||||||||
| Current Liabilities | 43,019 | 43,884 | 32,163 | 26,075 | 24,257 | 26,542 | 18,047 | 16,479 |
| Accounts Payable | 15,059 | 13,097 | 9,812 | 8,624 | 9,064 | 7,331 | 6,310 | 5,353 |
| Accrued Liabilities | 26,960 | 29,787 | 21,352 | 16,452 | 15,193 | 19,211 | 11,737 | 11,126 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 32,366 | 7,470 | 7,469 | 7,468 | 8,466 | 8,464 | 8,463 | 8,462 |
| Operating Lease Liability, Non-Current | 4,985 | 3,878 | 2,572 | 2,014 | 1,831 | 1,521 | 1,519 | 1,490 |
| Other Non-Current Liabilities | 10,918 | 8,768 | 7,306 | 6,694 | 6,055 | 4,884 | 4,245 | 3,683 |
| Equity | ||||||||
| Total Stockholders' Equity | 228,984 | 195,474 | 157,293 | 118,897 | 100,131 | 83,843 | 79,327 | 65,899 |
| Common Stock | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 25 |
| Additional Paid-In Capital | 9,828 | 10,275 | 10,118 | 10,626 | 11,200 | 11,475 | 11,237 | 11,821 |
| Retained Earnings (Deficit) | 219,157 | 185,038 | 146,973 | 107,908 | 88,737 | 72,158 | 68,038 | 53,950 |
| Accumulated OCI | -25 | 137 | 178 | 339 | 170 | 186 | 28 | 103 |
| Other Items | ||||||||
| Preferred stock, par value | — | — | 0.00 | — | — | — | 0.00 | — |
| Preferred stock, shares authorized | — | — | 2 | — | — | — | 2 | — |
| Preferred stock, shares issued | — | — | 0 | — | — | — | 0 | — |
| Debt Securities, Current | 34,143 | 37,098 | 39,065 | — | — | — | — | — |
| Common stock, par value | — | — | 0.00 | — | — | — | 0.00 | — |
| Marketable securities | — | — | 51,951 | — | — | — | 34,621 | — |
| Equity Securities, FV-NI, Current | 42,783 | 30,237 | 12,886 | — | — | — | — | — |
| Common stock, shares authorized | — | — | 80,000 | — | — | — | 80,000 | — |
| Common stock, shares issued | — | — | 24,304 | — | — | — | 24,477 | — |
| Common stock, shares outstanding | — | — | 24,304 | — | — | — | 24,477 | — |
| Equity Securities, FV-NI, Noncurrent | — | — | 22,251 | — | — | — | 3,387 | — |
| Non-marketable securities | 51,157 | 43,364 | 22,251 | — | — | — | — | — |
| Debt, Current | 1,000 | 1,000 | 999 | 999 | — | — | 0 | 0 |
| Preferred Stock, Value, Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Line item | Q2 2027 2026-07-31 | Q1 2027 2026-04-30 | Q4 2026 2026-01-31 | Q3 2026 2025-10-31 | Q2 2026 2025-07-31 | Q1 2026 2025-04-30 | Q4 2025 2025-01-31 | Q3 2025 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 59,688 | 58,321 | 42,960 | 31,910 | 26,422 | 18,775 | 22,091 | 19,309 |
| Operating Cash Flow | 24,077 | 50,344 | 36,188 | 23,751 | 15,365 | 27,414 | 16,629 | 17,627 |
| Depreciation & Amortization (CF) | 1,127 | 997 | 812 | 751 | 669 | 611 | 543 | 478 |
| Share-Based Compensation | 2,026 | 1,928 | 1,633 | 1,654 | 1,625 | 1,474 | 1,321 | 1,252 |
| Deferred Income Tax | -602 | 1,584 | 611 | 125 | 17 | -2,177 | -598 | -603 |
| Change in Accounts Receivable | -22,347 | -2,243 | -5,074 | -5,582 | -5,676 | 933 | -5,369 | -3,561 |
| Change in Inventory | -5,784 | -4,420 | -1,621 | -4,823 | -3,622 | -1,258 | -2,424 | -977 |
| Change in Accounts Payable | 1,915 | 2,210 | 1,064 | -223 | 1,314 | 941 | 867 | 1,689 |
| Change in Prepaid & Other Assets | -5,497 | -983 | -280 | -89 | 386 | 560 | 331 | -714 |
| Other Non-Cash Items | 316 | -94 | -11 | -80 | -98 | -98 | -137 | -77 |
| Investing Activities | ||||||||
| Investing Cash Flow | -8,695 | -26,429 | -30,861 | -9,024 | -7,127 | -5,216 | -7,198 | -4,346 |
| Capital Expenditures | -2,677 | -1,757 | -1,284 | -1,636 | -1,895 | -1,227 | -1,077 | -813 |
| Acquisitions, Net of Cash | -211 | -87 | -165 | -693 | -294 | -383 | -542 | -148 |
| Maturities of Investments | — | 1,946 | 2,246 | 2,728 | 3,130 | 3,122 | 1,710 | 1,387 |
| Other Investing Activities | — | — | — | — | — | — | 22 | 0 |
| Financing Activities | ||||||||
| Financing Cash Flow | -6,176 | -21,283 | -6,208 | -14,880 | -11,833 | -15,553 | -9,949 | -12,745 |
| Share Repurchases | -19,732 | -19,312 | -3,815 | -12,456 | -9,720 | -14,095 | -7,811 | -10,997 |
| Dividends Paid | -6,000 | -243 | -242 | -244 | -244 | -244 | -245 | -245 |
| Taxes Paid for Share Settlement | -2,402 | -2,129 | -2,139 | -2,429 | -1,848 | -1,532 | -1,862 | -1,679 |
| Other Financing Activities | 112 | -81 | — | — | 0 | 0 | 0 | — |
| Reconciliation | ||||||||
| Net Change in Cash | 9,206 | 2,632 | -881 | -153 | -3,595 | 6,645 | -518 | 536 |
| Supplemental | ||||||||
| Income Taxes Paid | — | — | 6,979 | 4,858 | — | — | 4,129 | 3,540 |
| Other Items | ||||||||
| Gain (Loss) on Investments | -7,771 | -15,936 | -5,492 | -1,353 | -2,247 | 175 | -728 | -38 |
| Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities | 252 | 7,763 | 1,053 | 1,129 | -4,053 | 7,128 | 360 | 604 |
| Increase (Decrease) in Other Noncurrent Liabilities | 753 | 1,217 | 533 | 332 | 629 | 350 | 372 | 265 |
| Proceeds from Sale of Debt Securities, Available-for-Sale | — | 25 | 14,670 | 0 | 20 | 467 | 177 | 154 |
| Proceeds from sales of non-marketable securities | — | 26 | — | — | — | 0 | — | — |
| Proceeds from Sale of Equity Securities, FV-NI | — | — | 12 | 2 | 70 | 0 | 0 | 66 |
| Purchases of non-marketable securities | — | -18,582 | — | — | — | -649 | — | — |
| Payments to Acquire Debt Securities, Available-for-Sale | — | — | -20,540 | -5,968 | -7,562 | -6,546 | -7,010 | -4,518 |
| Purchases of marketable debt and equity securities | — | -8,000 | — | — | — | -6,546 | — | — |
| Payments to Acquire Equity Securities, FV-NI | — | — | -12,800 | -3,707 | -346 | -649 | -478 | -474 |
| Proceeds from Stock Plans | 0 | 515 | 1 | 273 | 0 | 370 | 1 | 204 |
| Principal payments on property and equipment and intangible assets | -59 | -33 | -4 | -24 | -21 | -52 | -32 | -28 |
| Repayments of Debt | — | — | 0 | 0 | — | — | 0 | 0 |
Ratios derived from the statements above and the EOD price feed; prices are taken at each period's end date.
| Line item | Q2 2027 2026-07-31 | Q1 2027 2026-04-30 | Q4 2026 2026-01-31 | Q3 2026 2025-10-31 | Q2 2026 2025-07-31 | Q1 2026 2025-04-30 | Q4 2025 2025-01-31 | Q3 2025 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Financial Efficiency | ||||||||
| Asset Turnover | 0.30 | 0.31 | 0.33 | 0.35 | 0.33 | 0.35 | 0.35 | 0.37 |
| Current Ratio | 4.59 | 3.44 | 3.91 | 4.47 | 4.21 | 3.39 | 4.44 | 4.10 |
| Debt / EBITDA Ratio | 0.58 | 0.21 | 0.22 | 0.26 | 0.35 | 0.45 | 0.41 | 0.45 |
| Debt / Equity Ratio | 0.16 | 0.06 | 0.06 | 0.08 | 0.10 | 0.12 | 0.13 | 0.15 |
| Debt / FCF Ratio | 1.75 | 0.23 | 0.29 | 0.43 | 0.76 | 0.38 | 0.64 | 0.59 |
| Inventory Turnover | 0.76 | 0.79 | 0.80 | 0.77 | 0.86 | 1.53 | 1.05 | 1.17 |
| Net Debt / EBITDA Ratio | 0.23 | -0.03 | -0.01 | -1.39 | -1.60 | -1.96 | -1.35 | -1.28 |
| Net Debt / Equity Ratio | 0.07 | -0.01 | -0.00 | -0.43 | -0.46 | -0.52 | -0.42 | -0.43 |
| Net Debt / FCF Ratio | 0.70 | -0.04 | -0.02 | -2.31 | -3.45 | -1.67 | -2.14 | -1.70 |
| Quick Ratio | 1.99 | 1.23 | 1.53 | 3.60 | 3.49 | 2.86 | 3.67 | 3.41 |
| Return on Assets (ROA) | 20.59% | 25.02% | 23.35% | 21.14% | 19.87% | 15.85% | 21.28% | 21.31% |
| Return on Capital Employed (ROCE) | 22.99% | 24.83% | 25.37% | 26.66% | 24.42% | 21.92% | 25.69% | 27.50% |
| Return on Equity (ROE) | 28.12% | 33.06% | 31.11% | 29.14% | 28.72% | 23.01% | 30.42% | 31.13% |
| Return on Invested Capital (ROIC) | 24.47% | 30.13% | 27.41% | 47.09% | 49.26% | 46.78% | 47.92% | 51.68% |
| Yields | ||||||||
| Dividend Yield | 0.12% | 0.01% | 0.01% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% |
| Earnings Yield | 1.23% | 1.20% | 0.92% | 0.65% | 0.61% | 0.71% | 0.75% | 0.60% |
| FCF Yield | 0.44% | 1.00% | 0.75% | 0.45% | 0.31% | 0.98% | 0.53% | 0.52% |
| Payout Ratio | 10.05% | 0.42% | 0.56% | 0.76% | 0.92% | 1.30% | 1.11% | 1.27% |
| Total Valuation | ||||||||
| Enterprise Value | 4,841,235 | 4,848,646 | 4,645,405 | 4,977,100 | 4,380,474 | 2,705,820 | 2,973,622 | 3,285,536 |
| Last Close Price | 200.75 | 199.57 | 191.13 | 202.49 | 177.87 | 108.92 | 120.07 | 132.76 |
| Market Capitalization | 4,856,143 | 4,846,757 | 4,644,841 | 4,925,974 | 4,333,980 | 2,662,114 | 2,940,394 | 3,257,001 |
| EV Ratios | ||||||||
| EV/EBIT Ratio | 75.96 | 90.57 | 104.86 | 138.21 | 154.03 | 125.05 | 123.73 | 150.24 |
| EV/EBITDA Ratio | 74.64 | 88.91 | 102.98 | 135.39 | 150.49 | 121.62 | 121.00 | 147.02 |
| EV/FCF Ratio | 226.23 | 99.79 | 133.09 | 225.06 | 325.20 | 103.33 | 191.21 | 195.40 |
| EV/Sales Ratio | 50.31 | 59.41 | 68.19 | 87.31 | 93.71 | 61.41 | 75.61 | 93.65 |
| Price Ratios | ||||||||
| P/FCF Ratio | 226.92 | 99.75 | 133.07 | 222.74 | 321.75 | 101.66 | 189.07 | 193.71 |
| P/OCF Ratio | 201.69 | 96.27 | 128.35 | 207.40 | 282.07 | 97.11 | 176.82 | 184.77 |
| P/TBV Ratio | 23.70 | 28.27 | 34.88 | 44.10 | 46.29 | 34.32 | 40.10 | 53.98 |
| PB Ratio | 21.21 | 24.79 | 29.53 | 41.43 | 43.28 | 31.75 | 37.07 | 49.42 |
| PE Ratio | 81.28 | 83.15 | 108.12 | 154.57 | 164.69 | 141.45 | 133.10 | 168.05 |
| PEG Ratio | 27.83 | 2.33 | 3.09 | 7.26 | 4.09 | — | 9.38 | 10.39 |
| PS Ratio | 50.47 | 59.39 | 68.18 | 86.41 | 92.72 | 60.42 | 74.76 | 92.84 |