NVDA FY 2016 Earnings Report — NVIDIA Corporation Revenue & Financial Results | Market Cap Arena

NVIDIA CorporationNVDA

FY 2016 Earnings

Reported March 16, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$5.0B	—	$4.7B	—	7.0%
Op. Income	$747M	—	$759M	—	-1.6%
Gross Margin	56.1%	—	55.5%	—	0.6pp
Net Margin	12.3%	—	13.5%	—	-1.2pp
EPS (Diluted)	$0.03	—	$0.03	—	-3.6%
Free Cash Flow	$1.1B	—	$784M	—	38.9%

Revenue Flow

Item	Amount
REVENUE	$5.0B
Cost of Revenue	$2.2B
GROSS PROFIT	$2.8B
R&D Expenses	$1.3B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$602M
Other Expenses	$131M
Operating Expenses	$2.1B
Cost & Expenses	$4.3B
OPERATING INCOME	$747M
Interest Income	$39M
Interest Expense	$47M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$743M
Income Tax Expense	$129M
Net Income from Continuing Ops	$614M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$614M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$614M
D&A	$197M
EBIT	$790M
EBITDA	$987M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$5.0B
Cost of Revenue	$2.2B
GROSS PROFIT	$2.8B
R&D Expenses	$1.3B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$602M
Other Expenses	$131M
Operating Expenses	$2.1B
Cost & Expenses	$4.3B
OPERATING INCOME	$747M
Interest Income	$39M
Interest Expense	$47M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$743M
Income Tax Expense	$129M
Net Income from Continuing Ops	$614M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$614M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$614M
D&A	$197M
EBIT	$790M
EBITDA	$987M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$614M
Depreciation & Amortization	$197M
Stock-Based Compensation	$204M
Deferred Income Tax	$134M
Other Non-Cash Items	$77M
Change in Working Capital	-$51M
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$86M
Acquisitions (Net)	$0
Purchases of Investments	-$3.5B
Sales/Maturities of Investments	$3.1B
Other Investing Activities	$31M
NET CASH FROM INVESTING	-$400M
Net Debt Issuance	$0
Common Stock Repurchased	-$587M
Common Dividends Paid	-$213M
Other Financing Activities	$127M
NET CASH FROM FINANCING	-$676M
FREE CASH FLOW	$1.1B
Net Change in Cash	$99M

Balance Sheet

Item	Amount
Cash & Equivalents	$596M
Short-Term Investments	$4.4B
Net Receivables	$505M
Inventory	$418M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$6.1B
PP&E (Net)	$466M
Goodwill	$618M
Intangible Assets	$166M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$67M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$7.4B
Account Payables	$296M
Short-Term Debt	$1.5B
Deferred Revenue	$322M
Other Current Liabilities	$171M
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$0
Deferred Revenue NC	$44M
Deferred Tax Liabilities	$301M
Other Non-Current Liabilities	$108M
TOTAL NON-CURRENT LIABILITIES	$463M
TOTAL LIABILITIES	$2.9B
Common Stock	$1M
Additional Paid-In Capital	$4.2B
Retained Earnings	$4.3B
Treasury Stock	-$4.0B
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.5B
Minority Interest	$0
TOTAL EQUITY	$4.5B
TOTAL LIABILITIES & EQUITY	$7.4B
Total Debt	$1.5B
Net Debt	$914M