NVIDIA Corporation (NVDA)

NVIDIA Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Quarter	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
Period Ending	Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Oct 25, 2020	Jul 26, 2020	Apr 26, 2020	Jan 26, 2020
Revenue	35,082	30,040	26,044	22,103	18,120	13,507	7,192	6,051	5,931	6,704	8,288	7,643	7,103	6,507	5,661	5,003	4,726	3,866	3,080	3,105
Revenue Growth (YoY)	93.61%	122.40%	262.12%	265.28%	205.51%	101.48%	-13.22%	-20.83%	-16.50%	3.03%	46.41%	52.77%	50.30%	68.31%	83.80%	61.13%	56.80%	49.90%	38.74%	40.82%
Cost of Revenue	8,926	7,466	5,638	5,312	4,720	4,045	2,544	2,218	2,754	3,789	2,857	2,644	2,472	2,292	2,032	1,847	1,766	1,430	1,076	1,090
Gross Profit	26,156	22,574	20,406	16,791	13,400	9,462	4,648	3,833	3,177	2,915	5,431	4,999	4,631	4,215	3,629	3,156	2,960	2,436	2,004	2,015
Selling, General & Admin	897	842	777	712	689	622	633	625	631	592	592	563	557	526	520	475	515	627	293	287
Research & Development	3,390	3,090	2,720	2,465	2,294	2,040	1,875	1,952	1,945	1,824	1,618	1,466	1,403	1,245	1,153	1,146	1,047	997	735	738
Operating Expenses	4,287	3,932	3,497	3,177	2,983	2,662	2,508	2,577	2,576	2,416	2,210	2,029	1,960	1,771	1,673	1,621	1,562	1,624	1,028	1,025
Operating Income	21,869	18,642	16,909	13,614	10,417	6,800	2,140	1,256	601	499	3,221	2,970	2,671	2,444	1,956	1,535	1,398	812	976	990
Interest Expense	-61	-61	-64	-63	-63	-65	-66	-64	-65	-65	-68	-61	-62	-60	-53	-53	-53	-54	-25	-13
Interest & Investment Income	472	444	359	294	234	187	150	115	88	46	18	9	7	6	6	7	7	13	31	41
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-	-	-	-
Other Non Operating Income (Expenses)	36	189	6	-1	-66	59	-1	-9	-11	-5	11	-1	14	10	11	-4	-4	-1	-1	-2
EBT Excluding Unusual Items	22,316	19,214	17,210	13,844	10,522	6,981	2,223	1,298	613	475	3,182	2,917	2,630	2,400	1,920	1,489	1,348	770	981	1,016
Merger & Restructuring Charges	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-28	-	-161	-	-
Gain (Loss) on Sale of Investments	-	-	69	262	-	-	-14	-10	-	-	-24	-52	8	-6	124	9	-	-	-	-
Other Unusual Items	-	-	-	-	-	-	-	-	-	-	-1,353	-	-	-	-	-	-	-	-	-
Pretax Income	22,316	19,214	17,279	14,106	10,522	6,981	2,209	1,288	613	475	1,805	2,865	2,638	2,394	2,044	1,470	1,348	609	981	1,016
Income Tax Expense	3,007	2,615	2,398	1,821	1,279	793	166	-126	-67	-181	187	-138	174	20	132	13	12	-13	64	65
Net Income	19,309	16,599	14,881	12,285	9,243	6,188	2,043	1,414	680	656	1,618	3,003	2,464	2,374	1,912	1,457	1,336	622	917	951
Net Income to Common	19,309	16,599	14,881	12,285	9,243	6,188	2,043	1,414	680	656	1,618	3,003	2,464	2,374	1,912	1,457	1,336	622	917	951
Net Income Growth	108.90%	168.24%	628.39%	768.81%	1259.26%	843.29%	26.27%	-52.91%	-72.40%	-72.37%	-15.38%	106.11%	84.43%	281.67%	108.51%	53.21%	48.61%	12.68%	132.74%	68.02%
Shares Outstanding (Basic)	24,533	24,578	24,620	24,660	24,680	24,729	24,700	24,640	24,830	24,950	25,060	25,040	24,990	24,930	24,840	24,760	24,720	24,640	24,560	24,480
Shares Outstanding (Diluted)	24,774	24,848	24,890	24,900	24,940	24,994	24,900	24,770	24,990	25,160	25,370	25,450	25,380	25,320	25,280	25,240	25,200	25,040	24,880	24,840
Shares Change (YoY)	-0.67%	-0.58%	-0.04%	0.52%	-0.20%	-0.66%	-1.85%	-2.67%	-1.54%	-0.63%	0.36%	0.83%	0.71%	1.12%	1.61%	1.61%	1.94%	1.62%	0.97%	0.32%
EPS (Basic)	0.79	0.68	0.60	0.50	0.37	0.25	0.08	0.06	0.03	0.03	0.06	0.12	0.10	0.10	0.08	0.06	0.05	0.03	0.04	0.04
EPS (Diluted)	0.78	0.67	0.60	0.49	0.37	0.25	0.08	0.06	0.03	0.03	0.06	0.12	0.10	0.09	0.08	0.06	0.05	0.03	0.04	0.04
EPS Growth	110.81%	168.00%	650.00%	761.25%	1270.37%	861.54%	25.00%	-51.45%	-72.16%	-72.34%	-15.79%	103.36%	83.02%	276.00%	106.52%	51.96%	46.01%	11.11%	130.00%	65.86%
Free Cash Flow	16,814	13,511	14,976	11,245	7,054	6,059	2,663	1,739	-138	837	1,370	2,760	1,297	2,499	1,576	1,784	806	1,350	754	1,320
Free Cash Flow Per Share	0.68	0.54	0.60	0.45	0.28	0.24	0.11	0.07	-0.01	0.03	0.05	0.11	0.05	0.10	0.06	0.07	0.03	0.05	0.03	0.05
Dividend Per Share	0.010	0.010	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004	0.004
Dividend Growth	150.00%	150.00%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Gross Margin	74.56%	75.15%	78.35%	75.97%	73.95%	70.05%	64.63%	63.34%	53.57%	43.48%	65.53%	65.41%	65.20%	64.78%	64.11%	63.08%	62.63%	63.01%	65.06%	64.90%
Operating Margin	62.34%	62.06%	64.92%	61.59%	57.49%	50.34%	29.76%	20.76%	10.13%	7.44%	38.86%	38.86%	37.60%	37.56%	34.55%	30.68%	29.58%	21.00%	31.69%	31.88%
Profit Margin	55.04%	55.26%	57.14%	55.58%	51.01%	45.81%	28.41%	23.37%	11.47%	9.79%	19.52%	39.29%	34.69%	36.48%	33.77%	29.12%	28.27%	16.09%	29.77%	30.63%
Free Cash Flow Margin	47.93%	44.98%	57.50%	50.88%	38.93%	44.86%	37.03%	28.74%	-2.33%	12.49%	16.53%	36.11%	18.26%	38.40%	27.84%	35.66%	17.05%	34.92%	24.48%	42.51%
EBITDA	22,347	19,075	17,319	14,001	10,789	7,165	2,524	1,682	1,007	877	3,555	3,279	2,969	2,730	2,237	1,823	1,697	1,216	1,083	1,096
EBITDA Margin	63.70%	63.50%	66.50%	63.34%	59.54%	53.05%	35.09%	27.80%	16.98%	13.08%	42.89%	42.90%	41.80%	41.95%	39.52%	36.44%	35.91%	31.45%	35.16%	35.30%
D&A For EBITDA	478	433	410	387	372	365	384	426	406	378	334	309	298	286	281	288	299	404	107	106
EBIT	21,869	18,642	16,909	13,614	10,417	6,800	2,140	1,256	601	499	3,221	2,970	2,671	2,444	1,956	1,535	1,398	812	976	990
EBIT Margin	62.34%	62.06%	64.92%	61.59%	57.49%	50.34%	29.76%	20.76%	10.13%	7.44%	38.86%	38.86%	37.60%	37.56%	34.55%	30.68%	29.58%	21.00%	31.69%	31.88%
Effective Tax Rate	13.47%	13.61%	13.88%	12.91%	12.16%	11.36%	7.51%	-	-	-	10.36%	-	6.60%	0.84%	6.46%	0.88%	0.89%	-	6.52%	6.40%

Source: S&P Capital IQ. Standard template. Financial Sources.