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NVIDIA (Nasdaq: NVDA) stock fundamentals

Nasdaq: NVDA · Information technology · United States

Signed off by OffScriptBySami on  · Updated

Data as of  · For information only, not investment advice.

In brief

NVIDIA (Nasdaq: NVDA) reported revenue of USD 96.2 billion and net income of USD 59.7 billion for Q2 FY2027, the quarter ended 26 Jul 2026, in its Form 10-Q. NVIDIA provides accelerated computing and networking platforms for data centres and GeForce GPUs for gaming; its Form 10-K gives FY2026 revenue of USD 216 billion, the year ended 25 Jan 2026.

Data as of Source: Form 10-K for FY2026 and Form 10-Q for Q2 FY2027

Key facts

Data as of

NVIDIA (Nasdaq: NVDA) · USD · fiscal year ends late January · figures from SEC filings; derived values are marked.

Revenue (USD bn)
216
FY2026 (ended ) · Form 10-K
Revenue, TTM (USD bn)
303
TTM to · derived
Revenue by quarter, from USD 35.1 bn in Q3 FY2025 to USD 96.2 bn in Q2 FY2027
Net income attributable to shareholders (USD bn)
120
FY2026 (ended ) · Form 10-K
Operating margin
60.4%
FY2026 (ended ) · derived
Free cash flow (USD bn)
96.7
FY2026 (ended ) · derived
Net cash (USD bn)
23.2
at · derived: cash and short-term investments minus total debt
Dividend declared per share (USD)
0.04
FY2026 (ended ) · Form 10-K
Shares outstanding (bn)
24.1
at · Form 10-Q cover page

Fundamentals profile

vs NVIDIA's own FY2022–FY2026 range (fewer than 5 covered peers) · TTM to Q2 FY2027 · Data as of

Each row places NVIDIA's value against its own FY2022–FY2026 range. It describes; it does not rate. There is no overall score. How we calculate this

NVIDIA fundamentals profile compared with its own FY2022–FY2026 range. Each row names its period; values are percentages, multiples or years.
DimensionMetricNVIDIAOwn 5-year medianPositionRange
GrowthRevenue, 3-year CAGR to FY2026The 5-year median is the rate to FY2024, whose end years differ in length: FY2024 had 52 weeks; FY2021 had 53 weeks (364 vs 371 days).100.0%Own 5-year median 54.0%Above its 5-year median
Lower (31.9%) Higher (100.0%)
MarginsOperating margin (TTM to Q2 FY2027)65.2%Own 5-year median 54.1%Above its 5-year median
Lower (15.7%) Higher (62.4%)
LeverageNet debt / EBITDA (TTM to Q2 FY2027; below zero means net cash)−0.1×Own 5-year median −0.4×Above its 5-year median
Lower (−0.9×) Higher (−0.3×)
Cash flowFCF margin (TTM to Q2 FY2027)41.9%Own 5-year median 44.4%Below its 5-year median
Lower (14.1%) Higher (46.6%)
Dividend historyConsecutive years of cash dividends, to FY202614Own 5-year median not availablenot availablenot available

Source: NVIDIA Forms 10-Q and 10-K, SEC EDGAR. Derived by StockFactsheet. Data as of

Compared with NVIDIA's own FY2022–FY2026 range because fewer than 5 covered peers exist. Descriptive only; not a rating.

How did NVIDIA's quarterly revenue grow from Q3 FY2025 to Q2 FY2027?

NVIDIA's quarterly revenue rose from USD 35.1 billion in Q3 FY2025 to USD 96.2 billion in Q2 FY2027, the quarter ended 26 Jul 2026. Revenue grew year on year in each of those 8 quarters, by 105.9% in Q2 FY2027 (our calculations).

Chart 1

NVIDIA quarterly revenue, Q3 FY2025 to Q2 FY2027

USD bn · quarters ended to

Revenue by quarter, from USD 35.1 bn in Q3 FY2025 to USD 96.2 bn in Q2 FY2027.025507510096.2Q3FY25Q4Q1FY26Q2Q3Q4Q1FY27Q2stockfactsheet.com
Source: NVIDIA Forms 10-Q and 10-K, SEC EDGAR Data as of
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Table 1 NVIDIA quarterly revenue, margins and profit, Q3 FY2025–Q2 FY2027 (USD millions) USD millions, except per-share data (USD) and percentages · Fiscal year ends late January
USD mQ2 FY2027ended Q1 FY2027ended Q4 FY2026ended Q3 FY2026ended Q2 FY2026ended Q1 FY2026ended Q4 FY2025ended Q3 FY2025ended
Revenue96,22181,61568,127 D57,00646,74344,06239,331 D35,082
Revenue YoY %increased 105.9%increased 85.2%increased 73.2%increased 62.5%increased 55.6%increased 69.2%increased 77.9%increased 93.6%
Gross margin %75.0%74.9%75.0%73.4%72.4%60.5%73.0%74.6%
Operating income63,73453,53644,299 D36,01028,44021,63824,034 D21,869
Operating margin %66.2%65.6%65.0%63.2%60.8%49.1%61.1%62.3%
Net income attributable to shareholders59,68858,32142,960 D31,91026,42218,77522,091 D19,309
(opens in new tab)

Source: NVIDIA Forms 10-Q and 10-K, SEC EDGAR Data as of

  • D Fourth quarter derived as the fiscal year minus the nine-month year-to-date total.

Totals may not add up because of rounding.

Arrows show direction of change only, not whether a change is good or bad.

NVIDIA's gross margin, our calculation, stayed between 72.4% and 75.0% in 7 of the 8 quarters; the exception was Q1 FY2026, at 60.5%. NVIDIA's Form 10-Q for that quarter says the US government informed it on 9 Apr 2025 that exporting its H20 products to China requires a licence.[6] The report attributes the lower gross margin primarily to a USD 4.5 billion charge associated with H20 excess inventory and purchase obligations.[6] It names the initial ramp of more sophisticated systems within Data Center as the other primary cause.[6]

NVIDIA's operating margin, our calculation, was 49.1% in Q1 FY2026 and 66.2% in Q2 FY2027. Over the trailing 12 months (TTM) to 26 Jul 2026, it was 65.2%. That is above the 62.4% high of NVIDIA's annual operating margins for FY2022 to FY2026. The rest of the quarterly income statement, from research and development to tax, is on the NVIDIA financial statements page.

How did NVIDIA's 10-for-1 stock split of June 2024 change its per-share figures?

After NVIDIA's 10-for-1 stock split of June 2024, we divide each per-share figure from an earlier filing by 10 and multiply each share count by 10. FY2022 diluted EPS therefore reads USD 0.385 per share and the diluted share count 25,350 million shares. The FY2022 Form 10-K reported USD 3.85 per share and 2,535 million shares.[11]

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Table 2 NVIDIA split-adjusted per-share data, FY2022–FY2026 USD per share, split-adjusted · shares in millions
USDFY2026ended FY2025ended FY2024ended FY2023ended FY2022ended
Diluted EPS (USD)4.902.941.19 10.17 10.385 A
Dividends declared per share (USD)0.040.0340.016 10.016 10.016 A
Diluted shares (m)24,51424,80424,940 125,070 125,350 A
(opens in new tab)

Source: NVIDIA Forms 10-Q and 10-K, SEC EDGAR Data as of

  • A Adjusted for the 10-for-1 share split (2024); as reported: USD 3.85.
  • A Adjusted for the 10-for-1 share split (2024); as reported: USD 0.16.
  • A Adjusted for the 10-for-1 share split (2024); as reported: 2,535 m shares.

1 As presented in Form 10-K filed .

NVIDIA's Form 10-Q for Q2 FY2025 says the additional shares from the split were distributed after the close of market on 7 Jun 2024.[12] NVIDIA's FY2022 Form 10-K already reflected a 4-for-1 stock split, executed on 19 Jul 2021, with per-share amounts adjusted for it.[11] So the FY2022 figures need only the 2024 adjustment and are the only ones marked A, for adjusted. The FY2023 and FY2024 figures come from the FY2025 Form 10-K, which already shows them on the post-split basis.[7]

NVIDIA raised its quarterly cash dividend to USD 0.01 per share on a post-split basis on 7 Jun 2024, according to its Form 10-Q for Q2 FY2025.[12] On the post-split basis, dividends declared were USD 0.016 per share in each of FY2022 to FY2024, then rose in FY2025 and again in FY2026. The diluted share count fell in each fiscal year after FY2022, to 24,514 million shares in FY2026.

How did NVIDIA's buybacks change from FY2022 to FY2026?

NVIDIA made no share buybacks in FY2022 and spent USD 40.1 billion on them in FY2026, the year ended 25 Jan 2026. On 18 May 2026, its board approved an additional USD 80.0 billion of repurchase authorisation.[1] The same day, it raised its quarterly cash dividend from USD 0.01 per share to USD 0.25 per share.[1]

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Table 3 NVIDIA cash flow, dividends paid and buybacks, FY2022–FY2026 (USD millions) USD millions · outflows shown with a minus sign
USD mFY2026ended FY2025ended FY2024ended FY2023ended FY2022ended
Cash from operations102,71864,08928,0905,6419,108
Capital expenditure−6,042−3,236−1,069−1,833 1−976 1
Free cash flow96,676 D60,853 D27,021 D3,808 D8,132 D
Dividends paid−974−834−395−398−399
Share buybacks−40,086−33,706−9,533−10,0390 2
(opens in new tab)

Source: NVIDIA Forms 10-Q and 10-K, SEC EDGAR Data as of

  • D Free cash flow = cash from operations minus capital expenditure.

1 As presented in Form 10-K filed .

2 As presented in Form 10-K filed .

Totals may not add up because of rounding.

Of the 5 fiscal years from FY2022 to FY2026, only FY2023 had buybacks larger than free cash flow. NVIDIA spent USD 10.0 billion on buybacks that year, against free cash flow of USD 3.81 billion. In FY2026, free cash flow was USD 96.7 billion (our calculation). NVIDIA's FY2026 10-K shows cash from operations of USD 103 billion and capital expenditure of USD 6.04 billion.[3]

NVIDIA's dividends paid went from USD 399 million in FY2022 to USD 974 million in FY2026. Buybacks continued in FY2027: its Form 10-Q for Q2 FY2027 says it repurchased 203 million shares for USD 39.8 billion in the first half of that year.[1] At 26 Jul 2026, NVIDIA was authorised, subject to certain specifications, to repurchase up to USD 99.3 billion of its common stock.[1]

Our methodology for free cash flow sets out the formula behind these figures. The PepsiCo stock fundamentals page shows the same cash flow lines for a company that makes food and drinks.

How we got these numbers

Every figure comes from NVIDIA's Forms 10-Q and 10-K as filed with the SEC. Derived values are marked D and explained below.

Full method for this page
Source documents
Forms 10-Q (Q3 FY2024 to Q2 FY2027) and 10-K (FY2019 to FY2026)
Period covered
8 quarters and 5 fiscal years
Calculations
TTM = sum of the last 4 quarters. Q4 = fiscal year minus the nine-month YTD. Margins = line item ÷ revenue. FCF = cash from operations − capital expenditure. EBITDA = operating income + depreciation and amortisation (our calculation). Net debt = total debt − cash and short-term investments. CAGR = compound annual growth over three fiscal years.
Restatements
None in the periods shown.
Comparator
Each profile row compares the current value with NVIDIA's own last five fiscal years, FY2022 to FY2026: the median of those five years and their range, from the lowest to the highest. A current value outside that range is drawn just past the end of the strip. Fewer than 5 covered peers exist, so there is no sector median yet.
Currency
As reported (USD); no FX conversion.
Read the full methodology

Latest filings and disclosures

SEC filings behind NVIDIA's figures, newest first.

(opens in new tab)
  1. Filing Form 10-Q, quarter ended 26 Jul 2026 sec.gov
  2. Filing Form 10-Q, quarter ended 26 Apr 2026 sec.gov
  3. Filing Form 10-K, fiscal year ended 25 Jan 2026 sec.gov
  4. Filing Form 10-Q, quarter ended 26 Oct 2025 sec.gov
  5. Filing Form 10-Q, quarter ended 27 Jul 2025 sec.gov
  6. Filing Form 10-Q, quarter ended 27 Apr 2025 sec.gov
  7. Filing Form 10-K, fiscal year ended 26 Jan 2025 sec.gov
  8. Filing Form 10-Q, quarter ended 27 Oct 2024 sec.gov
All filings on SEC EDGAR

Company identifiers

Data as of
(opens in new tab)
Legal name
NVIDIA Corporation
Exchange
Nasdaq
Ticker
NVDA
Sector
Information technology
Country
United States
Fiscal year end
late January (FY2026 ended 25 Jan 2026)
Reporting currency
USD
Accounting standard
US GAAP
SEC CIK
0001045810
Latest filing in this page's data
Form 10-Q, quarter ended 26 Jul 2026 · filed

Sources and data

Data as of Figures are as reported in the filings below. Derived figures are our calculations (see Methodology).

(opens in new tab)
  1. [1] Filing Form 10-Q, quarter ended 26 Jul 2026 NVIDIA Corporation · · sec.gov
  2. [2] Filing Form 10-Q, quarter ended 26 Apr 2026 NVIDIA Corporation · · sec.gov
  3. [3] Filing Form 10-K, fiscal year ended 25 Jan 2026 NVIDIA Corporation · · sec.gov
  4. [4] Filing Form 10-Q, quarter ended 26 Oct 2025 NVIDIA Corporation · · sec.gov
  5. [5] Filing Form 10-Q, quarter ended 27 Jul 2025 NVIDIA Corporation · · sec.gov
  6. [6] Filing Form 10-Q, quarter ended 27 Apr 2025 NVIDIA Corporation · · sec.gov
  7. [7] Filing Form 10-K, fiscal year ended 26 Jan 2025 NVIDIA Corporation · · sec.gov
  8. [8] Filing Form 10-Q, quarter ended 27 Oct 2024 NVIDIA Corporation · · sec.gov
  9. [9] Filing Form 10-K, fiscal year ended 28 Jan 2024 NVIDIA Corporation · · sec.gov
  10. [10] Filing Form 10-K, fiscal year ended 29 Jan 2023 NVIDIA Corporation · · sec.gov
  11. [11] Filing Form 10-K, fiscal year ended 30 Jan 2022 NVIDIA Corporation · · sec.gov
  12. [12] Filing Form 10-Q, quarter ended 28 Jul 2024 NVIDIA Corporation · · sec.gov
  13. [13] Filing Form 10-Q, quarter ended 28 Apr 2024 NVIDIA Corporation · · sec.gov
  14. [14] Filing Form 10-Q, quarter ended 29 Oct 2023 NVIDIA Corporation · · sec.gov
  15. [15] Filing Form 10-K, fiscal year ended 31 Jan 2021 NVIDIA Corporation · · sec.gov
  16. [16] Filing Form 10-K, fiscal year ended 26 Jan 2020 NVIDIA Corporation · · sec.gov
  17. [17] Filing Form 10-K, fiscal year ended 27 Jan 2019 NVIDIA Corporation · · sec.gov
  18. [18] Our dataset StockFactsheet fundamentals dataset, extracted from SEC EDGAR XBRL on ; derived values (Q4, TTM, free cash flow, net debt, margins, growth rates and ratios) are explained in Methodology.

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Cite this page

StockFactsheet (2026). "NVIDIA (Nasdaq: NVDA) stock fundamentals." Signed off by OffScriptBySami. Updated ; data as of . https://stockfactsheet.com/stocks/nvda/

Not investment advice

For information only. StockFactsheet does not recommend buying, selling or holding any security. Figures can contain errors; always check the original filings. Full disclaimer

Author and editor

OffScriptBySami

Founder and editor, StockFactsheet

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How this page was made
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Update history

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