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 | TTM 2026-07-31 | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2010 2010-01-31 | FY 2009 2009-01-31 | FY 2008 2008-01-31 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 302,969 | 215,938 | 130,497 | 60,922 | 26,974 | 3,326 | 3,425 | 4,098 |
| Gross Profit | 226,241 | 153,463 | 97,858 | 44,301 | 15,356 | 1,177 | 1,174 | 1,869 |
| Operating Income | 197,579 | 130,387 | 81,453 | 32,972 | 4,224 | -99 | -71 | 836 |
| Pre-Tax Income | 229,744 | 141,450 | 84,026 | 33,818 | 4,181 | — | — | — |
| Net Income | 192,879 | 120,067 | 72,880 | 29,760 | 4,368 | -68 | -30 | 798 |
| EPS (Diluted) | 7.91 | 4.90 | 2.94 | 1.19 | 0.17 | -0.12 | -0.05 | 1.31 |
| Balance Sheet | ||||||||
| Total Assets | 320,272 | 206,803 | 111,601 | 65,728 | 41,182 | 44,187 | 28,791 | 17,315 |
| Total Liabilities | 91,288 | 49,510 | 32,274 | 22,750 | 19,081 | 17,575 | 11,898 | 5,111 |
| Shareholders' Equity | 228,984 | 157,293 | 79,327 | 42,978 | 22,101 | 26,612 | 16,893 | 12,204 |
| Cash & Equivalents | 22,443 | 10,605 | 8,589 | 7,280 | 3,389 | 1,990 | 847 | 10,896 |
| Cash Flow | ||||||||
| Operating Cash Flow | 134,360 | 102,718 | 64,089 | 28,090 | 5,641 | 488 | 249 | 1,270 |
| Capital Expenditures | -7,354 | -6,042 | -3,236 | -1,069 | -1,833 | -78 | -408 | -188 |
| Free Cash Flow | 127,006 | 96,676 | 60,853 | 27,021 | 3,808 | 410 | -158 | 1,082 |
| Ratios | ||||||||
| Gross Margin | 74.67% | 71.07% | 74.99% | 72.72% | 56.93% | 35.38% | 34.29% | 45.62% |
| Operating Margin | 65.21% | 60.38% | 62.42% | 54.12% | 15.66% | -2.97% | -2.06% | 20.41% |
| Profit Margin | 63.66% | 55.60% | 55.85% | 48.85% | 16.19% | -2.04% | -0.88% | 19.46% |
| Free Cash Flow Margin | 41.92% | 44.77% | 46.63% | 44.35% | 14.12% | 12.33% | -4.62% | 26.42% |
| Line item | TTM 2026-07-31 | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2010 2010-01-31 | FY 2009 2009-01-31 | FY 2008 2008-01-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Total Revenue | 302,969 | 215,938 | 130,497 | 60,922 | 26,974 | 3,326 | 3,425 | 4,098 |
| Cost of Revenue | ||||||||
| Cost of Revenue | 76,728 | 62,475 | 32,639 | 16,621 | 11,618 | 2,150 | 2,251 | 2,229 |
| Gross Profit | ||||||||
| Gross Profit | 226,241 | 153,463 | 97,858 | 44,301 | 15,356 | 1,177 | 1,174 | 1,869 |
| Operating Expenses | ||||||||
| R&D Expense | 23,592 | 18,497 | 12,914 | 8,675 | 7,339 | 909 | 856 | 692 |
| SG&A Expense | 5,070 | 4,579 | 3,491 | 2,654 | 2,440 | 367 | 362 | 341 |
| Total Operating Expenses | 28,662 | 23,076 | 16,405 | 11,329 | 11,132 | 1,276 | 1,245 | 1,033 |
| Operating Income | ||||||||
| Operating Income | 197,579 | 130,387 | 81,453 | 32,972 | 4,224 | -99 | -71 | 836 |
| Non-Operating Items | ||||||||
| Interest Expense | -236 | -259 | -247 | -257 | -262 | -3 | 0 | 0 |
| Interest Income | 1,733 | 2,300 | 1,786 | 866 | 267 | 23 | 43 | 64 |
| Non-Operating Income/Expense | 32,165 | 11,063 | 2,573 | 846 | -43 | — | — | — |
| Other Non-Operating Items | 22,895 | 9,022 | 1,034 | 237 | -48 | -3 | -15 | 1 |
| Pre-Tax Income | ||||||||
| Income Before Tax | 229,744 | 141,450 | 84,026 | 33,818 | 4,181 | — | — | — |
| Tax | ||||||||
| Income Tax Expense | 36,865 | 21,383 | 11,146 | 4,058 | -187 | -14 | -13 | 104 |
| Net Income | ||||||||
| Net Income Available to Common | 192,879 | 120,067 | 72,880 | 29,760 | 4,368 | -68 | -30 | 798 |
| EPS | ||||||||
| EPS (Basic) | 7.95 | 4.93 | 2.97 | 1.21 | 0.18 | -0.12 | -0.05 | 1.45 |
| EPS (Diluted) | 7.91 | 4.90 | 2.94 | 1.19 | 0.17 | -0.12 | -0.05 | 1.31 |
| Shares | ||||||||
| Shares Outstanding (Basic) | 97,105 | 24,359 | 24,555 | 24,690 | 24,870 | 1 | 1 | 1 |
| Shares Outstanding (Diluted) | 97,589 | 24,514 | 24,804 | 24,940 | 25,070 | 1 | 1 | 1 |
| Other Items | ||||||||
| Acquisition termination cost | — | — | 0 | 0 | 1,353 | — | — | — |
| Restructuring charges and other | — | — | — | — | — | 0 | 27 | 0 |
| Income (loss) before income tax | — | — | — | — | — | -82 | -43 | 901 |
| Line item | TTM 2026-07-31 | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 | FY 2021 2021-01-31 | FY 2020 2020-01-31 | FY 2019 2019-01-31 |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total Assets | 320,272 | 206,803 | 111,601 | 65,728 | 41,182 | 44,187 | 28,791 | 17,315 | 13,292 |
| Current Assets | 197,412 | 125,605 | 80,126 | 44,345 | 23,073 | 28,829 | 16,055 | 13,690 | 10,557 |
| Current Assets | |||||||||
| Cash & Cash Equivalents | 22,443 | 10,605 | 8,589 | 7,280 | 3,389 | 1,990 | 847 | 10,896 | 782 |
| Marketable Securities, Current | 49,122 | — | 34,621 | 18,704 | 9,907 | 19,218 | 10,714 | 1 | 6,640 |
| Accounts Receivable, Net | 63,059 | 38,466 | 23,065 | 9,999 | 3,827 | 4,650 | 2,429 | 1,657 | 1,424 |
| Inventory | 31,575 | 21,403 | 10,080 | 5,282 | 5,159 | 2,605 | 1,826 | 979 | 1,575 |
| Prepaid & Other Current Assets | 3,409 | 3,180 | 3,771 | 3,080 | 791 | 366 | 239 | 157 | 136 |
| Other Current Assets | — | — | — | — | — | — | — | — | 108 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment, Net | 14,285 | 10,383 | 6,283 | 3,914 | 3,807 | 2,778 | 2,149 | 1,674 | 1,404 |
| Goodwill | 21,125 | 20,832 | 5,188 | 4,430 | 4,372 | 4,349 | 4,193 | 618 | 618 |
| Intangible Assets, Net (excl. Goodwill) | 2,998 | 3,306 | 807 | 1,112 | 1,676 | 2,339 | 2,737 | 49 | 45 |
| Deferred Tax Assets | 12,159 | 13,258 | 10,979 | 6,081 | 3,396 | 1,222 | 806 | 548 | — |
| Other Non-Current Assets | 15,746 | 8,301 | 3,038 | 4,500 | 3,820 | 3,841 | 2,144 | 118 | — |
| Operating Lease Right-of-Use Assets | 5,390 | 2,867 | 1,793 | 1,346 | 1,038 | 829 | 707 | 618 | 470 |
| Liabilities & Equity | |||||||||
| Total Liabilities & Equity | 320,272 | 206,803 | 111,601 | 65,728 | 41,182 | 44,187 | 28,791 | 17,315 | 13,292 |
| Liabilities | |||||||||
| Total Liabilities | 91,288 | 49,510 | 32,274 | 22,750 | 19,081 | 17,575 | 11,898 | 5,111 | 3,950 |
| Commitments & Contingencies | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Current Liabilities | |||||||||
| Current Liabilities | 43,019 | 32,163 | 18,047 | 10,631 | 6,563 | 4,335 | 3,925 | 1,784 | 1,329 |
| Accounts Payable | 15,059 | 9,812 | 6,310 | 2,699 | 1,193 | 1,783 | 1,201 | 687 | 511 |
| Accrued Liabilities | 26,960 | 21,352 | 11,737 | 6,682 | 4,120 | 2,552 | 1,725 | 1,097 | 818 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 32,366 | 7,469 | 8,463 | 8,459 | 9,703 | 10,946 | 5,964 | 1,991 | 1,988 |
| Operating Lease Liability, Non-Current | 4,985 | 2,572 | 1,519 | 1,119 | 902 | 741 | 634 | 561 | 0 |
| Other Non-Current Liabilities | 10,918 | 7,306 | 4,245 | 2,541 | 1,913 | 1,553 | 1,375 | 775 | 633 |
| Equity | |||||||||
| Total Stockholders' Equity | 228,984 | 157,293 | 79,327 | 42,978 | 22,101 | 26,612 | 16,893 | 12,204 | 9,342 |
| Common Stock | 24 | 24 | 24 | 25 | 2 | 3 | 3 | 1 | 1 |
| Additional Paid-In Capital | 9,828 | 10,118 | 11,237 | 13,109 | 11,971 | 10,385 | 8,719 | 7,045 | 6,051 |
| Retained Earnings (Deficit) | 219,157 | 146,973 | 68,038 | 29,817 | 10,171 | 16,235 | 18,908 | 14,971 | 12,565 |
| Accumulated OCI | -25 | 178 | 28 | 27 | -43 | -11 | 19 | 1 | -12 |
| Treasury Stock | — | — | — | — | — | — | -10,756 | -9,814 | -9,263 |
| Other Items | |||||||||
| Preferred stock, par value | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
| Preferred stock, shares authorized | 2 | 2 | 2 | 20 | — | — | — | — | — |
| Preferred stock, shares issued | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Common stock, par value | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
| Debt Securities, Current | 34,143 | 39,065 | — | — | — | — | — | — | — |
| Marketable securities | 51,951 | 51,951 | 34,621 | — | — | — | — | — | — |
| Common stock, shares authorized | 80,000 | 80,000 | 80,000 | 80,000 | — | — | — | — | — |
| Equity Securities, FV-NI, Current | 42,783 | 12,886 | — | — | — | — | — | — | — |
| Common stock, shares issued | 24,304 | 24,304 | 24,477 | 24,643 | — | — | — | — | — |
| Common stock, shares outstanding | 24,304 | 24,304 | 24,477 | 24,643 | — | — | — | — | — |
| Deferred Tax Assets, Net, Noncurrent (Deprecated 2022) | — | — | — | — | — | — | — | — | 560 |
| Equity Securities, FV-NI, Noncurrent | 22,251 | 22,251 | 3,387 | — | — | — | — | — | — |
| Other assets | — | — | — | — | — | — | — | — | 108 |
| Non-marketable securities | 51,157 | 22,251 | — | — | — | — | — | — | — |
| Debt, Current | 1,000 | 999 | 0 | 1,250 | 1,250 | 0 | 999 | 0 | — |
| Preferred Stock, Value, Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Line item | TTM 2026-07-31 | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2010 2010-01-31 | FY 2009 2009-01-31 | FY 2008 2008-01-31 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 192,879 | 120,067 | 72,880 | 29,760 | 4,368 | -68 | -30 | 798 |
| Operating Cash Flow | 134,360 | 102,718 | 64,089 | 28,090 | 5,641 | 488 | 249 | 1,270 |
| Depreciation & Amortization (CF) | 3,687 | 2,843 | 1,864 | 1,508 | 1,544 | 197 | 185 | 133 |
| Share-Based Compensation | 7,241 | 6,386 | 4,737 | 3,549 | 2,709 | 107 | 163 | 133 |
| Deferred Income Tax | 1,718 | -1,424 | -4,477 | -2,489 | -2,164 | -21 | -23 | 90 |
| Change in Accounts Receivable | -35,246 | -15,399 | -13,063 | -6,172 | 822 | -57 | 349 | -146 |
| Change in Inventory | -16,648 | -11,324 | -4,781 | -98 | -2,554 | 205 | -177 | -4 |
| Change in Accounts Payable | 4,966 | 3,096 | 3,357 | 1,531 | -551 | 119 | -283 | 217 |
| Change in Prepaid & Other Assets | -6,849 | 577 | -395 | -1,522 | -1,517 | 2 | 22 | -6 |
| Other Non-Cash Items | 131 | -287 | -502 | -278 | -7 | — | — | — |
| Investing Activities | ||||||||
| Investing Cash Flow | -75,009 | -52,228 | -20,421 | -10,566 | 7,375 | -519 | -209 | -761 |
| Capital Expenditures | -7,354 | -6,042 | -3,236 | -1,069 | -1,833 | -78 | -408 | -188 |
| Acquisitions, Net of Cash | -1,156 | -1,535 | -1,007 | -83 | -49 | 0 | -28 | -76 |
| Maturities of Investments | 6,920 | 11,226 | 11,195 | 9,732 | 19,425 | — | — | — |
| Other Investing Activities | — | 0 | 22 | -124 | 0 | 0 | 0 | -2 |
| Financing Activities | ||||||||
| Financing Cash Flow | -48,547 | -48,474 | -42,359 | -13,633 | -11,617 | 61 | -349 | -326 |
| Share Repurchases | -55,315 | -40,086 | -33,706 | -9,533 | -10,039 | 0 | -424 | -553 |
| Dividends Paid | -6,729 | -974 | -834 | -395 | -398 | — | — | — |
| Taxes Paid for Share Settlement | -9,099 | -7,948 | -6,930 | -2,783 | -1,475 | — | — | — |
| Other Financing Activities | 31 | -9 | 0 | -1 | -2 | 1 | 1 | 0 |
| Reconciliation | ||||||||
| Net Change in Cash | 10,804 | 2,016 | 1,309 | 3,891 | 1,399 | 30 | -309 | 183 |
| Supplemental | ||||||||
| Interest Paid | — | — | 246 | 252 | 254 | — | — | — |
| Income Taxes Paid | 11,837 | 20,288 | 15,118 | 6,549 | 1,404 | 4 | 8 | 2 |
| Other Items | ||||||||
| Payment for stock option | — | — | — | — | — | 136 | 0 | 0 |
| Gain (Loss) on Investments | -30,552 | -8,918 | -1,030 | -238 | 45 | — | — | — |
| Other than Temporary Impairment Losses, Investments | — | — | — | — | — | 0 | 10 | 0 |
| Acquisition termination cost | — | — | 0 | 0 | 1,353 | — | — | — |
| Payments under patent licensing arrangement | — | — | — | — | — | -1 | -22 | -57 |
| Research and Development in Process (Deprecated 2023) | — | — | — | — | — | 0 | 0 | 4 |
| Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities, Other (Deprecated 2011-01-31) | — | — | — | — | — | 2 | 0 | 0 |
| Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities | 10,197 | 5,257 | 4,278 | 2,025 | 1,341 | — | — | — |
| Increase (Decrease) in Other Noncurrent Liabilities | 2,835 | 1,844 | 1,221 | 514 | 252 | — | — | — |
| Deposits and other assets | — | — | — | — | — | 4 | -2 | -14 |
| Proceeds from Sale of Debt Securities, Available-for-Sale | 14,695 | 15,157 | 495 | 50 | 1,806 | — | — | — |
| Accrued liabilities and other long-term liabilities | — | — | — | — | — | -136 | 59 | 123 |
| Proceeds from Sale of Equity Securities, FV-NI | 14 | 84 | 171 | 1 | 8 | — | — | — |
| Payments to Acquire Debt Securities, Available-for-Sale | -26,508 | -40,616 | -26,575 | -18,211 | -11,897 | — | — | — |
| Payments to Acquire Marketable Securities | — | — | — | — | — | -1,194 | -1,000 | -1,250 |
| Payments to Acquire Equity Securities, FV-NI | -16,507 | -17,502 | -1,486 | -862 | -85 | — | — | — |
| Proceeds from Sale and Maturity of Marketable Securities | — | — | — | — | — | 752 | 1,227 | 754 |
| Payments to Acquire Business Two, Net of Cash Acquired | — | -13,000 | 0 | 0 | — | — | — | — |
| Payments related to stock option purchase | — | — | — | — | — | -78 | 0 | 0 |
| Proceeds from Stock Plans | 789 | 644 | 490 | 403 | 355 | 138 | 74 | 226 |
| Repayments of Debt | 0 | 0 | -1,250 | -1,250 | 0 | — | — | — |
| Principal payments on property and equipment and intangible assets | -120 | -101 | -129 | -74 | -58 | — | — | — |
| Cash paid for interest on capital lease obligations | — | — | — | — | — | 3 | 0 | 0 |
| Liabilities Assumed (Deprecated 2011-01-31) | — | — | — | — | — | 38 | 47 | 18 |
| Unrealized Gain (Loss) on Securities | — | — | — | — | — | 8 | -6 | 9 |
Ratios derived from the statements above and the EOD price feed; prices are taken at each period's end date.
| Line item | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2010 2010-01-31 | FY 2009 2009-01-31 | FY 2008 2008-01-31 |
|---|---|---|---|---|---|---|---|
| Financial Efficiency | |||||||
| Asset Turnover | 1.04 | 1.17 | 0.93 | 0.66 | 0.08 | 0.12 | 0.24 |
| Current Ratio | 3.91 | 4.44 | 4.17 | 3.52 | 6.65 | 4.09 | 7.67 |
| Debt / EBITDA Ratio | 0.08 | 0.12 | 0.28 | 1.84 | 119.60 | 57.71 | 2.63 |
| Debt / Equity Ratio | 0.06 | 0.13 | 0.22 | 0.48 | 0.44 | 0.39 | 0.21 |
| Debt / FCF Ratio | 0.10 | 0.16 | 0.35 | 2.78 | 28.49 | -41.68 | 2.36 |
| Inventory Turnover | 2.92 | 3.24 | 3.15 | 2.25 | 0.83 | 1.23 | 2.28 |
| Net Debt / EBITDA Ratio | -0.00 | -0.40 | -0.48 | -0.47 | -97.43 | -43.41 | -8.61 |
| Net Debt / Equity Ratio | -0.00 | -0.42 | -0.38 | -0.12 | -0.36 | -0.29 | -0.68 |
| Net Debt / FCF Ratio | -0.01 | -0.55 | -0.61 | -0.71 | -23.21 | 31.35 | -7.71 |
| Quick Ratio | 1.53 | 3.67 | 3.38 | 2.61 | 5.96 | 3.56 | 7.04 |
| Return on Assets (ROA) | 75.42% | 82.20% | 55.67% | 10.23% | -0.19% | -0.13% | 4.61% |
| Return on Capital Employed (ROCE) | 74.66% | 87.07% | 59.84% | 12.20% | -0.25% | -0.28% | 5.39% |
| Return on Equity (ROE) | 101.49% | 119.18% | 91.46% | 17.93% | -0.31% | -0.21% | 6.54% |
| Return on Invested Capital (ROIC) | 76.61% | 158.09% | 112.00% | 22.50% | -0.40% | -0.25% | 20.67% |
| Yields | |||||||
| Dividend Yield | 0.02% | 0.03% | 0.03% | 0.08% | — | — | — |
| Earnings Yield | 2.58% | 2.47% | 1.97% | 0.92% | — | — | — |
| FCF Yield | 2.08% | 2.06% | 1.78% | 0.78% | — | — | — |
| Payout Ratio | 0.81% | 1.14% | 1.33% | 9.11% | — | — | — |
| Total Valuation | |||||||
| Enterprise Value | 4,656,300 | 2,981,547 | 1,535,508 | 488,576 | — | — | — |
| Last Close Price | 191.13 | 120.07 | 61.53 | 19.54 | — | — | — |
| Market Capitalization | 4,655,736 | 2,948,319 | 1,519,102 | 485,885 | — | — | — |
| EV Ratios | |||||||
| EV/EBIT Ratio | 35.71 | 36.60 | 46.57 | 115.67 | — | — | — |
| EV/EBITDA Ratio | 34.95 | 35.79 | 44.53 | 84.70 | — | — | — |
| EV/FCF Ratio | 48.16 | 49.00 | 56.83 | 128.30 | — | — | — |
| EV/Sales Ratio | 21.56 | 22.85 | 25.20 | 18.11 | — | — | — |
| Price Ratios | |||||||
| P/FCF Ratio | 48.16 | 48.45 | 56.22 | 127.60 | — | — | — |
| P/OCF Ratio | 45.33 | 46.00 | 54.08 | 86.13 | — | — | — |
| P/TBV Ratio | 34.96 | 40.21 | 40.58 | 30.27 | — | — | — |
| PB Ratio | 29.60 | 37.17 | 35.35 | 21.98 | — | — | — |
| PE Ratio | 38.77 | 40.43 | 50.85 | 108.54 | — | — | — |
| PEG Ratio | 0.59 | 0.28 | 0.09 | 0.43 | — | — | — |
| PS Ratio | 21.56 | 22.59 | 24.94 | 18.01 | — | — | — |