NVIDIA Corporation (NVDA)

NVIDIA Income Statement

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

Fiscal Quarter	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	Q3 2021	Q2 2021	Q1 2021
Period Ending	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	Oct 25, 2020	Jul 26, 2020	Apr 26, 2020
Revenue	130,497	113,269	96,307	79,774	60,922	44,870	32,681	25,878	26,974	28,566	29,738	29,541	26,914	24,274	21,897	19,256	16,675	14,777	13,065	11,778
Revenue Growth (YoY)	114.20%	152.44%	194.69%	208.27%	125.86%	57.07%	9.90%	-12.40%	0.22%	17.68%	35.81%	53.41%	61.40%	64.27%	67.60%	63.49%	52.73%	47.50%	28.28%	9.78%
Cost of Revenue	32,639	27,343	23,137	19,715	16,621	13,527	11,561	11,305	11,618	12,044	11,761	10,264	9,439	8,642	7,936	7,074	6,118	5,361	4,694	4,302
Gross Profit	97,858	85,926	73,170	60,059	44,301	31,343	21,120	14,573	15,356	16,522	17,977	19,277	17,475	15,632	13,961	12,182	10,557	9,416	8,371	7,476
Selling, General & Admin	3,491	3,228	3,019	2,798	2,654	2,567	2,510	2,481	2,440	2,378	2,303	2,238	2,166	2,078	2,038	2,139	1,912	1,724	1,484	1,122
Research & Development	12,914	11,665	10,569	9,520	8,675	8,162	7,812	7,596	7,339	6,853	6,313	5,733	5,268	4,948	4,590	4,342	3,924	3,516	3,182	2,890
Operating Expenses	16,405	14,893	13,588	12,318	11,329	10,729	10,322	10,077	9,779	9,231	8,616	7,971	7,434	7,026	6,628	6,481	5,836	5,240	4,666	4,012
Operating Income	81,453	71,033	59,582	47,741	32,972	20,614	10,798	4,496	5,577	7,291	9,361	11,306	10,041	8,606	7,333	5,701	4,721	4,176	3,705	3,464
Interest Expense	-247	-249	-251	-255	-257	-258	-261	-260	-262	-259	-255	-251	-236	-228	-219	-212	-184	-144	-103	-64
Interest & Investment Income	1,786	1,569	1,331	1,075	866	687	541	399	267	161	80	41	29	27	26	32	57	91	130	165
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	4	-	-	-	-
Other Non Operating Income (Expenses)	4	-2	2	6	-1	-9	-11	-15	-3	5	-8	7	7	4	17	12	4	2	-	-3
EBT Excluding Unusual Items	82,996	72,351	60,664	48,567	33,580	21,034	11,067	4,620	5,579	7,198	9,178	11,103	9,841	8,413	7,161	5,537	4,598	4,125	3,732	3,562
Merger & Restructuring Charges	-	-	-	-	-	-	-	-	-1,353	-1,353	-1,353	-1,353	-	-28	-28	-189	-189	-161	-161	-
Gain (Loss) on Sale of Investments	1,030	564	457	321	238	-34	24	-35	-45	-87	-42	-48	100	161	123	124	-	-9	-5	-
Pretax Income	84,026	72,915	61,121	48,888	33,818	21,000	11,091	4,585	4,181	5,758	7,783	9,702	9,941	8,546	7,256	5,472	4,409	3,955	3,566	3,562
Income Tax Expense	11,146	9,841	8,113	6,290	4,058	2,111	765	-208	-187	-199	42	244	189	340	178	145	77	129	178	243
Net Income	72,880	63,074	53,008	42,598	29,760	18,889	10,326	4,793	4,368	5,957	7,741	9,458	9,752	8,206	7,078	5,327	4,332	3,826	3,388	3,319
Net Income to Common	72,880	63,074	53,008	42,598	29,760	18,889	10,326	4,793	4,368	5,957	7,741	9,458	9,752	8,206	7,078	5,327	4,332	3,826	3,388	3,319
Net Income Growth	144.89%	233.92%	413.34%	788.75%	581.32%	217.09%	33.39%	-49.32%	-55.21%	-27.41%	9.37%	77.55%	125.11%	114.48%	108.91%	60.50%	54.94%	58.69%	23.51%	0.85%
Shares Outstanding (Basic)	24,555	24,598	24,632	24,670	24,690	24,683	24,728	24,780	24,870	24,975	25,015	25,015	24,960	24,888	24,815	24,740	24,670	24,570	24,500	24,430
Shares Outstanding (Diluted)	24,804	24,863	24,901	24,938	24,940	24,898	24,914	24,953	25,070	25,238	25,335	25,373	25,350	25,310	25,265	25,200	25,100	24,990	24,880	24,780
Shares Change (YoY)	-0.55%	-0.14%	-0.05%	-0.06%	-0.52%	-1.35%	-1.66%	-1.65%	-1.10%	-0.29%	0.28%	0.69%	1.00%	1.28%	1.55%	1.70%	1.54%	1.05%	0.40%	-0.44%
EPS (Basic)	2.97	2.56	2.15	1.73	1.21	0.77	0.42	0.19	0.18	0.24	0.31	0.38	0.39	0.33	0.29	0.22	0.18	0.16	0.14	0.14
EPS (Diluted)	2.94	2.53	2.13	1.71	1.19	0.76	0.41	0.19	0.17	0.24	0.31	0.37	0.39	0.32	0.28	0.21	0.17	0.15	0.14	0.13
EPS Growth	147.06%	234.04%	414.78%	803.10%	600.00%	221.88%	35.27%	-49.16%	-55.84%	-27.51%	9.46%	75.73%	122.54%	112.16%	105.20%	58.65%	53.10%	56.79%	22.92%	0.96%
Free Cash Flow	60,853	56,546	46,786	39,334	27,021	17,515	10,323	5,101	3,808	4,829	6,264	7,926	8,132	7,156	6,665	5,516	4,694	4,230	4,961	4,434
Free Cash Flow Per Share	2.45	2.27	1.88	1.58	1.08	0.70	0.41	0.20	0.15	0.19	0.25	0.31	0.32	0.28	0.26	0.22	0.19	0.17	0.20	0.18
Dividend Per Share	0.034	0.028	0.022	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016	0.016
Dividend Growth	112.50%	75.00%	37.50%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.27%	3.23%
Gross Margin	74.99%	75.86%	75.98%	75.29%	72.72%	69.85%	64.63%	56.31%	56.93%	57.84%	60.45%	65.25%	64.93%	64.40%	63.76%	63.26%	63.31%	63.72%	64.07%	63.47%
Operating Margin	62.42%	62.71%	61.87%	59.85%	54.12%	45.94%	33.04%	17.37%	20.67%	25.52%	31.48%	38.27%	37.31%	35.45%	33.49%	29.61%	28.31%	28.26%	28.36%	29.41%
Profit Margin	55.85%	55.68%	55.04%	53.40%	48.85%	42.10%	31.60%	18.52%	16.19%	20.85%	26.03%	32.02%	36.23%	33.81%	32.32%	27.66%	25.98%	25.89%	25.93%	28.18%
Free Cash Flow Margin	46.63%	49.92%	48.58%	49.31%	44.35%	39.03%	31.59%	19.71%	14.12%	16.91%	21.06%	26.83%	30.21%	29.48%	30.44%	28.65%	28.15%	28.63%	37.97%	37.65%
EBITDA	83,317	72,741	61,184	49,275	34,480	22,161	12,379	6,090	7,121	8,718	10,680	12,533	11,215	9,759	8,487	6,973	5,819	5,092	4,414	3,861
EBITDA Margin	63.85%	64.22%	63.53%	61.77%	56.60%	49.39%	37.88%	23.53%	26.40%	30.52%	35.91%	42.43%	41.67%	40.20%	38.76%	36.21%	34.90%	34.46%	33.78%	32.78%
D&A For EBITDA	1,864	1,708	1,602	1,534	1,508	1,547	1,581	1,594	1,544	1,427	1,319	1,227	1,174	1,153	1,154	1,272	1,098	916	709	397
EBIT	81,453	71,033	59,582	47,741	32,972	20,614	10,798	4,496	5,577	7,291	9,361	11,306	10,041	8,606	7,333	5,701	4,721	4,176	3,705	3,464
EBIT Margin	62.42%	62.71%	61.87%	59.85%	54.12%	45.94%	33.04%	17.37%	20.67%	25.52%	31.48%	38.27%	37.31%	35.45%	33.49%	29.61%	28.31%	28.26%	28.36%	29.41%
Effective Tax Rate	13.26%	13.50%	13.27%	12.87%	12.00%	10.05%	6.90%	-	-	-	0.54%	2.51%	1.90%	3.98%	2.45%	2.65%	1.75%	3.26%	4.99%	6.82%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q