NVIDIA Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

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	+20 Quarters
Period Ending	Oct '24 Oct 27, 2024	Jul '24 Jul 28, 2024	Apr '24 Apr 28, 2024	Jan '24 Jan 28, 2024	Oct '23 Oct 29, 2023	Jul '23 Jul 30, 2023	Apr '23 Apr 30, 2023	Jan '23 Jan 29, 2023	Oct '22 Oct 30, 2022	Jul '22 Jul 31, 2022	May '22 May 1, 2022	Jan '22 Jan 30, 2022	Oct '21 Oct 31, 2021	Aug '21 Aug 1, 2021	May '21 May 2, 2021	Jan '21 Jan 31, 2021	Oct '20 Oct 25, 2020	Jul '20 Jul 26, 2020	Apr '20 Apr 26, 2020	Jan '20 Jan 26, 2020	+20 Quarters
Revenue	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	10,918	Upgrade
Revenue Growth (YoY)	152.44%	194.69%	208.27%	125.85%	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%	-6.81%	Upgrade
Cost of Revenue	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	4,150	Upgrade
Gross Profit	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	6,768	Upgrade
Selling, General & Admin	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	1,093	Upgrade
Research & Development	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	2,829	Upgrade
Operating Expenses	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	3,922	Upgrade
Operating Income	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	2,846	Upgrade
Interest Expense	-249	-251	-255	-257	-258	-261	-260	-262	-259	-255	-251	-236	-228	-219	-212	-184	-144	-103	-64	-52	Upgrade
Interest & Investment Income	1,569	1,331	1,075	866	687	541	399	267	161	80	41	29	27	26	32	57	91	130	165	178	Upgrade
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	4	4	4	-	-	-	-	-1	Upgrade
Other Non Operating Income (Expenses)	-2	2	6	-1	-9	-11	-15	-3	5	-8	7	7	4	17	12	4	2	-	-3	-	Upgrade
EBT Excluding Unusual Items	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	2,971	Upgrade
Merger & Restructuring Charges	-	-	-	-	-	-	-	-	-	-	-	-	-28	-28	-189	-189	-161	-161	-	-	Upgrade
Gain (Loss) on Sale of Investments	564	457	321	238	-34	24	-35	-45	-87	-42	-48	100	161	123	124	-	-9	-5	-	-1	Upgrade
Other Unusual Items	-	-	-	-	-	-	-	-1,353	-1,353	-1,353	-1,353	-	-	-	-	-	-	-	-	-	Upgrade
Pretax Income	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	2,970	Upgrade
Income Tax Expense	9,841	8,113	6,290	4,058	2,111	765	-208	-187	-199	42	244	189	340	178	145	77	129	178	243	174	Upgrade
Net Income	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	2,796	Upgrade
Net Income to Common	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	2,796	Upgrade
Net Income Growth	233.92%	413.34%	788.75%	581.32%	217.09%	33.39%	-49.32%	-55.21%	-27.41%	9.37%	77.55%	125.12%	114.48%	108.91%	60.50%	54.94%	58.69%	23.51%	0.85%	-32.48%	Upgrade
Shares Outstanding (Basic)	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	24,390	Upgrade
Shares Outstanding (Diluted)	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	24,720	Upgrade
Shares Change (YoY)	-0.14%	-0.05%	-0.06%	-0.52%	-1.35%	-1.66%	-1.66%	-1.10%	-0.29%	0.28%	0.68%	1.00%	1.28%	1.55%	1.69%	1.54%	1.05%	0.40%	-0.44%	-1.12%	Upgrade
EPS (Basic)	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	0.11	Upgrade
EPS (Diluted)	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	0.11	Upgrade
EPS Growth	234.04%	414.77%	803.10%	585.63%	221.88%	35.27%	-49.16%	-54.81%	-27.51%	9.46%	75.73%	122.54%	112.16%	105.21%	58.65%	53.10%	56.79%	22.92%	0.96%	-31.85%	Upgrade
Free Cash Flow	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	4,272	Upgrade
Free Cash Flow Per Share	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	0.17	Upgrade
Dividend Per Share	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	0.016	Upgrade
Dividend Growth	75.00%	37.50%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	1.27%	3.23%	4.58%	Upgrade
Gross Margin	75.86%	75.98%	75.29%	72.72%	69.85%	64.62%	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%	61.99%	Upgrade
Operating Margin	62.71%	61.87%	59.85%	54.12%	45.94%	33.04%	17.37%	20.68%	25.52%	31.48%	38.27%	37.31%	35.45%	33.49%	29.61%	28.31%	28.26%	28.36%	29.41%	26.07%	Upgrade
Profit Margin	55.69%	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%	25.61%	Upgrade
Free Cash Flow Margin	49.92%	48.58%	49.31%	44.35%	39.03%	31.59%	19.71%	14.12%	16.90%	21.06%	26.83%	30.21%	29.48%	30.44%	28.65%	28.15%	28.63%	37.97%	37.65%	39.13%	Upgrade
EBITDA	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	3,227	Upgrade
EBITDA Margin	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%	29.56%	Upgrade
D&A For EBITDA	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	381	Upgrade
EBIT	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	2,846	Upgrade
EBIT Margin	62.71%	61.87%	59.85%	54.12%	45.94%	33.04%	17.37%	20.68%	25.52%	31.48%	38.27%	37.31%	35.45%	33.49%	29.61%	28.31%	28.26%	28.36%	29.41%	26.07%	Upgrade
Effective Tax Rate	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%	5.86%	Upgrade

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