NVIDIA Corp.

NVDA ·Technology, Semiconductors, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $215.94B $130.50B $60.92B $26.97B $26.91B $16.68B $10.92B $11.72B
Compute & Networking $193.48B $113.40B $47.41B $15.07B $11.05B
Graphics $22.46B $17.10B $13.52B $11.91B $15.87B
GPU $14.00B $9.47B $10.18B
MCP
Tegra Processor $2.67B $1.45B $1.54B
Cost of Revenue $62.48B $32.64B $16.62B $11.62B $9.44B $6.28B $4.15B $4.55B
Gross Profit $153.46B $97.86B $44.30B $15.36B $17.48B $10.40B $6.77B $7.17B
Gross Margin 71.1% 75.0% 72.7% 56.9% 64.9% 62.3% 62.0% 61.2%
Operating Expenses
Research & Development $18.50B $12.91B $8.68B $7.34B $5.27B $3.92B $2.83B $2.38B
SG&A Expense $4.58B $3.49B $2.65B $2.44B $2.17B $1.94B $1.09B $991.0M
Operating Income $130.39B $81.45B $32.97B $4.22B $10.04B $4.53B $2.85B $3.80B
Operating Margin 60.4% 62.4% 54.1% 15.7% 37.3% 27.2% 26.1% 32.5%
Interest Expense $257.0M $262.0M $236.0M $184.0M $52.0M $58.0M
Pretax Income $141.45B $84.03B $33.82B $4.18B $9.94B $4.41B $2.97B $3.90B
Income Tax Expense $21.38B $11.15B $4.06B $-187.0M $189.0M $77.0M $174.0M $-245.0M
Net Income $120.07B $72.88B $29.76B $4.37B $9.75B $4.33B $2.80B $4.14B
Net Margin 55.6% 55.8% 48.8% 16.2% 36.2% 26.0% 25.6% 35.3%
EPS (Basic) $4.93 $2.97 $1.21 $0.18 $0.39 $0.18 $0.12 $0.17
EPS (Diluted) $4.90 $2.94 $1.19 $0.17 $0.39 $0.17 $0.11 $0.17
Shares Outstanding (Basic) 24.36B 24.56B 24.69B 24.87B 24.96B 24.67B 24.39B 24.32B
Shares Outstanding (Diluted) 24.51B 24.80B 24.94B 25.07B 25.35B 25.10B 24.72B 25.00B
Dividends Per Share $0.04 $0.03 $0.02 $0.02 $0.02 $0.02 $0.02 $0.02
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Warren Buffett

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