NVIDIA Corporation (NVDA)

NVIDIA Income Statement

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

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	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
Period Ending	Oct 26, 2025	Jul 27, 2025	Apr 27, 2025	Jan 26, 2025	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
Revenue	57,006	46,743	44,062	39,331	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
Revenue Growth (YoY)	62.49%	55.60%	69.18%	77.94%	93.61%	122.40%	262.13%	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%
Cost of Revenue	15,157	12,890	17,394	10,608	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
Gross Profit	41,849	33,853	26,668	28,723	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
Selling, General & Admin	1,134	1,122	1,041	975	897	842	777	712	689	622	633	625	631	592	592	563	557	526	520	475
Research & Development	4,705	4,291	3,989	3,714	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
Operating Expenses	5,839	5,413	5,030	4,689	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
Operating Income	36,010	28,440	21,638	24,034	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
Interest Expense	-61	-62	-63	-61	-61	-61	-64	-63	-63	-65	-66	-64	-65	-65	-68	-61	-62	-60	-53	-53
Interest & Investment Income	624	592	515	511	472	444	359	294	234	187	150	115	88	46	18	9	7	6	6	7
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4
Other Non Operating Income (Expenses)	679	1,971	-5	5	27	127	6	-1	-68	60	-1	-9	-11	-5	11	-1	14	10	11	-4
EBT Excluding Unusual Items	37,252	30,941	22,085	24,489	22,307	19,152	17,210	13,844	10,520	6,982	2,223	1,298	613	475	3,182	2,917	2,630	2,400	1,920	1,489
Merger & Restructuring Charges	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,353	-	-	-	-	-28
Gain (Loss) on Sale of Investments	684	265	-175	728	9	62	69	262	2	-1	-14	-10	-	-	-24	-52	8	-6	124	9
Pretax Income	37,936	31,206	21,910	25,217	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
Income Tax Expense	6,026	4,784	3,135	3,126	3,007	2,615	2,398	1,821	1,279	793	166	-126	-67	-181	187	-138	174	20	132	13
Net Income	31,910	26,422	18,775	22,091	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
Net Income to Common	31,910	26,422	18,775	22,091	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
Net Income Growth	65.26%	59.18%	26.17%	79.82%	108.90%	168.25%	628.39%	768.81%	1259.27%	843.29%	26.27%	-52.91%	-72.40%	-72.37%	-15.38%	106.11%	84.43%	281.67%	108.51%	53.21%
Shares Outstanding (Basic)	24,327	24,366	24,441	24,489	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
Shares Outstanding (Diluted)	24,483	24,532	24,611	24,706	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
Shares Change (YoY)	-1.18%	-1.27%	-1.12%	-0.78%	-0.67%	-0.58%	-0.04%	0.53%	-0.20%	-0.66%	-1.85%	-2.67%	-1.54%	-0.63%	0.36%	0.83%	0.71%	1.12%	1.61%	1.61%
EPS (Basic)	1.31	1.08	0.77	0.90	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
EPS (Diluted)	1.30	1.08	0.76	0.90	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
EPS Growth	66.67%	61.19%	26.67%	83.55%	110.81%	168.00%	650.00%	757.75%	1270.37%	861.54%	25.00%	-51.45%	-72.17%	-72.34%	-15.79%	103.36%	83.02%	276.00%	106.52%	51.96%
Free Cash Flow	22,115	13,470	26,187	15,552	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
Free Cash Flow Per Share	0.90	0.55	1.06	0.63	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
Dividend Per Share	0.010	0.010	0.010	0.010	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
Dividend Growth	-	-	150.00%	150.00%	150.00%	150.00%	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	73.41%	72.42%	60.52%	73.03%	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%
Operating Margin	63.17%	60.84%	49.11%	61.11%	62.34%	62.06%	64.92%	61.59%	57.49%	50.34%	29.75%	20.76%	10.13%	7.44%	38.86%	38.86%	37.60%	37.56%	34.55%	30.68%
Profit Margin	55.98%	56.53%	42.61%	56.17%	55.04%	55.26%	57.14%	55.58%	51.01%	45.81%	28.41%	23.37%	11.46%	9.79%	19.52%	39.29%	34.69%	36.48%	33.77%	29.12%
Free Cash Flow Margin	38.79%	28.82%	59.43%	39.54%	47.93%	44.98%	57.50%	50.88%	38.93%	44.86%	37.03%	28.74%	-2.33%	12.48%	16.53%	36.11%	18.26%	38.41%	27.84%	35.66%
EBITDA	36,761	29,109	22,249	24,577	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
EBITDA Margin	64.49%	62.28%	50.50%	62.49%	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%
D&A For EBITDA	751	669	611	543	478	433	410	387	372	365	384	426	406	378	334	309	298	286	281	288
EBIT	36,010	28,440	21,638	24,034	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
EBIT Margin	63.17%	60.84%	49.11%	61.11%	62.34%	62.06%	64.92%	61.59%	57.49%	50.34%	29.75%	20.76%	10.13%	7.44%	38.86%	38.86%	37.60%	37.56%	34.55%	30.68%
Effective Tax Rate	15.88%	15.33%	14.31%	12.40%	13.48%	13.61%	13.88%	12.91%	12.16%	11.36%	7.51%	-	-	-	10.36%	-	6.60%	0.83%	6.46%	0.88%

Updated Oct 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q