NVDA (NVIDIA Corporation) Stock Financials & Earnings

Company Info & Key Metrics

NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and P...

CEOJen-Hsun Huang

Country🇺🇸 United States

ExchangeNASDAQ

IPOJan 22, 1999

www.nvidia.com

Revenue$68.1B

YoY Growth+73.2%

QoQ Growth+19.5%

Net Income$43.0B

EPS$1.76

Free Cash Flow$34.9B

Gross Margin75.0%

Op. Margin65.0%

Net Margin63.1%

FCF Margin51.2%

Rev Multiple (TTM)20.7x

P/E Ratio (TTM)37.1x

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 24	$7.2B	$4.6B	$2.1B
Q2 24	$13.5B	$9.5B	$6.8B
Q3 24	$18.1B	$13.4B	$10.4B
Q4 24	$22.1B	$16.8B	$13.6B
Q1 25	$26.0B	$20.4B	$16.9B
Q2 25	$30.0B	$22.6B	$18.6B
Q3 25	$35.1B	$26.2B	$21.9B
Q4 25	$39.3B	$28.7B	$24.0B
Q1 26	$44.1B	$26.7B	$21.6B
Q2 26	$46.7B	$33.9B	$28.4B
Q3 26	$57.0B	$41.8B	$36.0B
Q4 26	$68.1B	$51.1B	$44.3B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 24	27.6x	149.2x
Q2 24	35.3x	111.7x
Q3 24	22.6x	53.7x
Q4 24	25.2x	51.7x
Q1 25	27.0x	50.6x
Q2 25	28.4x	51.6x
Q3 25	30.4x	54.6x
Q4 25	22.2x	39.7x
Q1 26	17.8x	34.5x
Q2 26	26.0x	49.7x
Q3 26	24.9x	46.9x
Q4 26	21.0x	37.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 24	$2.9B	$2.7B
Q2 24	$6.3B	$6.1B
Q3 24	$7.3B	$7.1B
Q4 24	$11.5B	$11.2B
Q1 25	$15.3B	$15.0B
Q2 25	$14.5B	$13.5B
Q3 25	$17.6B	$16.8B
Q4 25	$16.6B	$15.6B
Q1 26	$27.4B	$26.2B
Q2 26	$15.4B	$13.5B
Q3 26	$23.8B	$22.1B
Q4 26	$36.2B	$34.9B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 24	$248M
Q2 24	$289M
Q3 24	$278M
Q4 24	$254M
Q1 25	$369M
Q2 25	$977M
Q3 25	$813M
Q4 25	$1.1B
Q1 26	$1.2B
Q2 26	$1.9B
Q3 26	$1.6B
Q4 26	$1.3B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 24	-13.2%	-21.3%
Q2 24	+101.5%	+8.1%
Q3 24	+205.5%	+44.5%
Q4 24	+265.3%	+77.0%
Q1 25	+262.1%	+80.8%
Q2 25	+122.4%	+69.9%
Q3 25	+93.6%	+71.5%
Q4 25	+77.9%	+80.2%
Q1 26	+69.2%	+145.5%
Q2 26	+55.6%	+60.6%
Q3 26	+62.5%	+58.9%
Q4 26	+73.2%	+55.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 24	$735M	10.2%
Q2 24	$841M	6.2%
Q3 24	$979M	5.4%
Q4 24	$994M	4.5%
Q1 25	$1.0B	3.9%
Q2 25	$1.2B	3.8%
Q3 25	$1.3B	3.6%
Q4 25	$1.3B	3.4%
Q1 26	$1.5B	3.3%
Q2 26	$1.6B	3.5%
Q3 26	$1.7B	2.9%
Q4 26	$1.6B	2.4%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 24	$1.9B	$633M
Q2 24	$2.0B	$622M
Q3 24	$2.3B	$689M
Q4 24	$2.5B	$712M
Q1 25	$2.7B	$777M
Q2 25	$3.1B	$842M
Q3 25	$3.4B	$897M
Q4 25	$3.7B	$975M
Q1 26	$4.0B	$1.0B
Q2 26	$4.3B	$1.1B
Q3 26	$4.7B	$1.1B
Q4 26	$5.5B	$1.3B

Revenue Segments

Quarter	Automotive	Data Center	Gaming	OEM And Other	Professional Visualization
Q1 24	$296M	$4.3B	$2.2B	$77M	$295M
Q2 24	$253M	$10.3B	$2.5B	$66M	$379M
Q3 24	$261M	$14.5B	$2.9B	$73M	$416M
Q4 24	$281M	$18.4B	$2.9B	$90M	$463M
Q1 25	$329M	$22.6B	$2.6B	$78M	$427M
Q2 25	$346M	$26.3B	$2.9B	$88M	$454M
Q3 25	$449M	$30.8B	$3.3B	$97M	$486M
Q4 25	$570M	$35.6B	$2.5B	$126M	$511M
Q1 26	$567M	$39.1B	$3.8B	$111M	$509M
Q2 26	$586M	$41.1B	$4.3B	$173M	$601M
Q3 26	$592M	$51.2B	$4.3B	$174M	$760M
Q4 26	$604M	$62.3B	$3.7B	$161M	$1.3B

Revenue by Geography

Quarter	China	Other Americas	Singapore	Taiwan, Province Of China	United States
Q1 24	$1.6B	$659M	$762M	$1.8B	$2.4B
Q2 24	$2.7B	$1.9B	—	$2.8B	$6.0B
Q3 24	$4.0B	$753M	$2.7B	$4.3B	$6.3B
Q1 25	$2.5B	$1.6B	$4.0B	$4.4B	$13.5B
Q2 25	$3.7B	$2.0B	$5.6B	$5.7B	$13.0B
Q3 25	$5.4B	$2.0B	$7.7B	$5.2B	$14.8B
Q1 26	$5.5B	$1.6B	$9.0B	$7.2B	$20.7B
Q2 26	$2.8B	$1.8B	$10.2B	$8.5B	$23.5B
Q3 26	$3.0B	$1.1B	—	$13.8B	$39.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 24	$5.1B	$10.2B	$15.3B
Q2 24	$5.8B	$10.2B	$16.0B
Q3 24	$5.5B	$12.8B	$18.3B
Q4 24	$7.3B	$18.7B	$26.0B
Q1 25	$7.6B	$23.9B	$31.4B
Q2 25	$8.6B	$26.2B	$34.8B
Q3 25	$9.1B	$29.4B	$38.5B
Q4 25	$8.6B	$34.6B	$43.2B
Q1 26	$15.2B	$38.5B	$53.7B
Q2 26	$11.6B	$45.2B	$56.8B
Q3 26	$11.5B	$49.1B	$60.6B
Q4 26	$10.6B	$52.0B	$62.6B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 24	24.90B	+0.5%
Q2 24	24.99B	+0.4%
Q3 24	24.94B	-0.2%
Q4 24	24.90B	-0.2%
Q1 25	24.89B	-0.0%
Q2 25	24.85B	-0.2%
Q3 25	24.77B	-0.3%
Q4 25	24.71B	-0.3%
Q1 26	24.61B	-0.4%
Q2 26	24.53B	-0.3%
Q3 26	24.48B	-0.2%
Q4 26	24.43B	-0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 15	$507K	9K
FY 16	$543K	9K
FY 17	$671K	10K
FY 18	$843K	12K
FY 19	$882K	13K
FY 20	$793K	14K
FY 21	$879K	19K
FY 22	$1M	22K
FY 23	$1M	26K
FY 24	$2M	30K
FY 25	$4M	36K
FY 26	$5M	42K