NVIDIA Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Quarter Ended	2024-01-28	2023-10-29	2023-07-30	2023-04-30	2023-01-29	2022-10-30	2022-07-31	2022-05-01	2022-01-30	2021-10-31	2021-08-01	2021-05-02	2021-01-31	2020-10-25	2020-07-26	2020-04-26	2020-01-26	2019-10-27	2019-07-28	2019-04-28	2019-01-27	2018-10-28	2018-07-29	2018-04-29	2018-01-28	2017-10-29	2017-07-30	2017-04-30	2017-01-29	2016-10-30	2016-07-31	2016-05-01	2016-01-31	2015-10-25	2015-07-26	2015-04-26	2015-01-25	2014-10-26	2014-07-27	2014-04-27	+66 Quarters
Revenue	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	3,014	2,579	2,220	2,205	3,181	3,123	3,207	2,911	2,636	2,230	1,937	2,173	2,004	1,428	1,305	1,401	1,305	1,153	1,151	1,251	1,225	1,103	1,103	Upgrade
Revenue Growth (YoY)	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%	-5.25%	-17.42%	-30.78%	-24.25%	20.68%	40.04%	65.57%	33.96%	31.54%	56.16%	48.43%	55.10%	53.56%	23.85%	13.38%	11.99%	6.53%	4.53%	4.35%	9.35%	16.23%	12.87%	15.53%	Upgrade
Cost of Revenue	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	1,591	1,076	1,090	1,098	1,038	924	998	1,260	1,148	1,139	1,110	1,067	928	787	870	821	602	554	610	571	519	498	552	549	484	499	Upgrade
Gross Profit	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	2,275	2,004	2,015	1,916	1,541	1,296	1,207	1,921	1,975	2,068	1,801	1,569	1,302	1,150	1,303	1,183	826	751	791	734	634	653	699	676	619	604	Upgrade
Selling, General & Admin	712	689	622	633	625	631	592	592	563	557	526	520	503	515	627	293	287	277	266	264	266	258	237	231	221	212	198	185	176	171	157	159	161	152	149	138	119	123	119	119	Upgrade
Research & Development	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	712	704	674	647	605	581	542	507	462	416	411	394	373	350	346	344	329	320	339	349	340	337	334	Upgrade
Other Operating Expenses	0	0	0	0	0	0	0	1,353	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2	1	34	8	89	0	0	0	0	0	Upgrade
Operating Expenses	3,177	2,983	2,662	2,508	2,577	2,576	2,416	3,563	2,029	1,960	1,771	1,673	1,649	1,562	1,624	1,028	1,025	989	970	938	913	863	818	773	728	674	614	596	570	544	509	506	539	489	558	477	468	463	456	453	Upgrade
Operating Income	13,614	10,417	6,800	2,140	1,256	601	499	1,868	2,970	2,671	2,444	1,956	1,507	1,398	651	976	990	927	571	358	294	1,058	1,157	1,295	1,073	895	688	554	733	639	317	245	252	245	76	176	231	213	163	151	Upgrade
Interest Expense / Income	63	63	65	66	64	65	65	68	61	62	60	53	53	53	54	25	13	13	13	13	14	15	14	15	15	15	15	16	19	16	12	12	12	12	12	12	11	11	12	11	Upgrade
Other Expense / Income	-555	-168	-246	-135	-96	-77	-41	-5	44	-29	-10	-141	-16	-3	-12	-30	-39	-45	-48	-44	-44	-38	-37	-31	-21	-16	-11	2	-11	2	-12	-8	-14	-12	-8	-8	-8	-7	-4	-23	Upgrade
Pretax Income	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	959	606	389	324	1,081	1,180	1,311	1,079	896	684	536	725	621	317	241	254	245	72	172	228	209	155	163	Upgrade
Income Tax	1,821	1,279	793	166	-126	-67	-181	187	-138	174	20	132	13	12	-13	64	65	60	54	-5	-242	-149	79	67	-40	58	101	29	71	79	56	33	46	-1	46	38	34	36	27	26	Upgrade
Net Income	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	899	552	394	566	1,230	1,101	1,244	1,119	838	583	507	654	542	261	208	208	246	26	134	194	173	128	137	Upgrade
Net Income Growth	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%	-26.91%	-49.86%	-68.33%	-49.42%	46.78%	88.85%	145.36%	71.10%	54.61%	123.37%	143.75%	214.42%	120.33%	903.85%	55.22%	7.22%	42.20%	-79.69%	-2.19%	32.04%	45.70%	32.71%	75.89%	Upgrade
Shares Outstanding (Basic)	2,466	2,468	2,473	2,470	2,463	2,483	2,495	2,506	2,505	2,499	2,493	2,484	2,476	2,472	2,464	2,456	2,448	2,440	2,436	2,428	2,432	2,436	2,428	2,424	2,420	2,412	2,388	2,368	2,224	2,152	2,136	2,148	2,160	2,168	2,164	2,196	2,172	2,192	2,232	2,236	Upgrade
Shares Outstanding (Diluted)	2,494	2,494	2,499	2,490	2,477	2,499	2,516	2,537	2,544	2,538	2,532	2,528	2,528	2,520	2,504	2,488	2,484	2,472	2,464	2,464	2,488	2,500	2,504	2,508	2,516	2,512	2,532	2,564	2,752	2,612	2,536	2,396	2,348	2,260	2,224	2,272	2,216	2,232	2,284	2,280	Upgrade
Shares Change	0.69%	-0.20%	-0.68%	-1.85%	-2.63%	-1.54%	-0.63%	0.36%	0.63%	0.71%	1.12%	1.61%	1.77%	1.94%	1.62%	0.97%	-0.16%	-1.12%	-1.60%	-1.75%	-1.11%	-0.48%	-1.11%	-2.18%	-8.58%	-3.83%	-0.16%	7.01%	17.21%	15.58%	14.03%	5.46%	5.96%	1.25%	-2.63%	-0.35%	-4.43%	-5.22%	-3.55%	-7.96%	Upgrade
EPS (Basic)	4.98	3.75	2.50	0.83	0.58	0.27	0.26	0.65	1.20	0.99	0.95	0.77	0.59	0.54	0.25	0.37	0.39	0.37	0.23	0.16	0.23	0.51	0.45	0.51	0.47	0.35	0.24	0.21	0.30	0.25	0.12	0.10	0.10	0.11	0.01	0.06	0.09	0.08	0.06	0.06	Upgrade
EPS (Diluted)	4.92	3.71	2.48	0.82	0.57	0.27	0.26	0.64	1.18	0.97	0.94	0.76	0.58	0.53	0.25	0.37	0.38	0.36	0.23	0.16	0.23	0.49	0.44	0.49	0.44	0.33	0.23	0.20	0.24	0.21	0.10	0.09	0.09	0.11	0.01	0.06	0.09	0.08	0.06	0.06	Upgrade
EPS Growth	763.16%	1274.07%	853.85%	28.13%	-51.69%	-72.16%	-72.34%	-15.79%	103.45%	83.02%	276.00%	107.08%	51.83%	46.41%	11.11%	129.37%	66.09%	-26.42%	-48.86%	-67.68%	-48.08%	47.75%	91.30%	150.00%	80.82%	60.87%	125.49%	127.59%	172.22%	88.18%	684.62%	45.00%	2.27%	42.86%	-76.36%	0%	41.94%	54.00%	37.50%	81.82%	Upgrade
Free Cash Flow	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	1,537	823	592	695	337	784	1,327	944	1,088	651	228	671	394	174	264	496	243	141	216	412	177	73	143	Upgrade
Free Cash Flow Per Share	4.56	2.86	2.45	1.08	0.71	-0.06	0.34	0.55	1.10	0.52	1.00	0.63	0.72	0.33	0.55	0.31	0.54	0.63	0.34	0.24	0.29	0.14	0.32	0.55	0.39	0.45	0.27	0.10	0.30	0.18	0.08	0.12	0.23	0.11	0.07	0.10	0.19	0.08	0.03	0.06	Upgrade
Dividend Per Share	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.040	0.037	0.037	0.037	0.037	0.035	0.035	0.035	0.035	0.029	0.029	0.029	0.029	0.024	0.024	0.021	0.021	0.021	0.021	0.021	Upgrade
Dividend Growth	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	8.11%	8.11%	8.11%	8.11%	5.71%	5.71%	5.71%	5.71%	20.69%	20.69%	20.69%	20.69%	20.83%	20.83%	38.10%	38.10%	14.29%	14.29%	0%	0%	10.53%	10.53%	10.53%	Upgrade
Gross Margin	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%	58.85%	65.06%	64.90%	63.57%	59.75%	58.38%	54.74%	60.39%	63.24%	64.48%	61.87%	59.52%	58.39%	59.37%	59.96%	59.03%	57.84%	57.55%	56.46%	56.25%	54.99%	56.73%	55.88%	55.18%	56.12%	54.76%	Upgrade
Operating Margin	61.59%	57.49%	50.34%	29.76%	20.76%	10.13%	7.44%	22.54%	38.86%	37.60%	37.56%	34.55%	30.12%	29.58%	16.84%	31.69%	31.88%	30.76%	22.14%	16.13%	13.33%	33.26%	37.05%	40.38%	36.86%	33.95%	30.85%	28.60%	33.73%	31.89%	22.20%	18.77%	17.99%	18.77%	6.59%	15.29%	18.47%	17.39%	14.78%	13.69%	Upgrade
Profit Margin	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%	29.83%	21.40%	17.75%	25.67%	38.67%	35.25%	38.79%	38.44%	31.79%	26.14%	26.17%	30.10%	27.05%	18.28%	15.94%	14.85%	18.85%	2.25%	11.64%	15.51%	14.12%	11.60%	12.42%	Upgrade
Free Cash Flow Margin	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%	51.00%	31.91%	26.67%	31.52%	10.59%	25.10%	41.38%	32.43%	41.27%	29.19%	11.77%	30.88%	19.66%	12.18%	20.23%	35.40%	18.62%	12.23%	18.77%	32.93%	14.45%	6.62%	12.96%	Upgrade
Effective Tax Rate	12.91%	12.16%	11.36%	7.51%	-9.78%	-10.93%	-38.11%	10.36%	-4.82%	6.60%	0.84%	6.46%	0.88%	0.89%	-2.13%	6.52%	6.40%	6.26%	8.91%	-1.29%	-74.69%	-13.78%	6.69%	5.11%	-3.71%	6.47%	14.77%	5.41%	9.79%	12.72%	17.67%	13.69%	18.11%	-0.41%	63.89%	22.09%	14.91%	17.22%	17.42%	15.95%	Upgrade
EBITDA	14,556	10,957	7,411	2,659	1,778	1,084	918	2,207	3,235	2,998	2,740	2,378	1,811	1,700	1,067	1,113	1,135	1,064	711	493	416	1,164	1,253	1,383	1,148	960	748	599	791	685	376	298	312	305	133	238	293	275	223	229	Upgrade
EBITDA Margin	65.86%	60.47%	54.87%	36.97%	29.38%	18.28%	13.69%	26.63%	42.33%	42.21%	42.11%	42.01%	36.20%	35.97%	27.60%	36.14%	36.55%	35.30%	27.57%	22.21%	18.87%	36.59%	40.12%	43.12%	39.44%	36.42%	33.54%	30.92%	36.40%	34.18%	26.33%	22.84%	22.27%	23.37%	11.54%	20.68%	23.42%	22.45%	20.22%	20.76%	Upgrade
Depreciation & Amortization	387	372	365	384	426	406	378	334	309	298	286	281	288	299	404	107	106	92	92	91	78	68	59	57	54	49	49	47	47	48	47	45	46	48	49	54	54	55	56	55	Upgrade
EBIT	14,169	10,585	7,046	2,275	1,352	678	540	1,873	2,926	2,700	2,454	2,097	1,523	1,401	663	1,006	1,029	972	619	402	338	1,096	1,194	1,326	1,094	911	699	552	744	637	329	253	266	257	84	184	239	220	167	174	Upgrade
EBIT Margin	64.10%	58.42%	52.17%	31.63%	22.34%	11.43%	8.05%	22.60%	38.28%	38.01%	37.71%	37.04%	30.44%	29.64%	17.15%	32.66%	33.14%	32.25%	24.00%	18.11%	15.33%	34.45%	38.23%	41.35%	37.58%	34.56%	31.35%	28.50%	34.24%	31.79%	23.04%	19.39%	18.99%	19.69%	7.29%	15.99%	19.10%	17.96%	15.14%	15.78%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).