NVIDIA Corporation (NVDA)

Nasdaq: NVDA · Semiconductors & Related Devices · Santa Clara, CA · filing with the SEC since 1998

Grade8.1

◀ Past 8.2● Present 8.8▶ Future 7.1

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Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in January.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 25, 2026	Jan 26, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Jan 26, 2020	Jan 27, 2019	Jan 28, 2018	Jan 29, 2017
Report filed	Feb 25, 2026	Feb 26, 2025	Feb 21, 2024	Feb 24, 2023	Mar 18, 2022	Feb 26, 2021	Feb 20, 2020	Feb 21, 2019	Feb 28, 2018	Mar 1, 2017
Revenue	215,938	130,497	60,922	26,974	26,914	16,675	10,918	11,716	9,714	6,910
Cost of revenue	62,475	32,639	16,621	11,618	9,439	6,279	4,150	4,545	3,892	2,847
Gross profit	153,463	97,858	44,301	15,356	17,475	10,396	6,768	7,171	5,822	4,063
Research and development	18,497	12,914	8,675	7,339	5,268	3,924	2,829	2,376	1,797	1,463
Selling, general and administrative	4,579	3,491	2,654	2,440	2,166	1,940	1,093	991	815	663
Total operating expenses	23,076	16,405	11,329	11,132	7,434	5,864	3,922	3,367	2,612	2,129
Operating income	130,387	81,453	32,972	4,224	10,041	4,532	2,846	3,804	3,210	1,934
Interest expense	259	247	257	262	236	184	52	58	61	58
Interest and investment income	2,300	1,786	866	267	29	57	178	136	69	54
Other income (expense), net	9,022	1,034	237	-48	107	4	-2	14	-22	-25
Total non-operating income (expense)	11,063	2,573	846	-43	-100	-123	124	92	-14	-29
Income before income taxes	141,450	84,026	33,818	4,181	9,941	4,409	2,970	3,896	3,196	1,905
Income tax expense	21,383	11,146	4,058	-187	189	77	174	-245	149	239
Net income	120,067	72,880	29,760	4,368	9,752	4,332	2,796	4,141	3,047	1,666
Earnings per share, basic	4.93	2.97	1.21^r	0.18^r	0.391^b	0.176^rb	0.115^rb	0.1702^b	0.1273^b	0.077^b
Earnings per share, diluted	4.90	2.94	1.19^r	0.17^r	0.385^b	0.173^rb	0.113^rb	0.1658^b	0.1205^b	0.0643^b
Weighted average shares, basic	24,359	24,555	24,690^r	24,870^r	24,960^b	24,670^rb	24,390^rb	24,320^b	23,960^b	21,640^b
Weighted average shares, diluted	24,514	24,804	24,940^r	25,070^r	25,350^b	25,100^rb	24,720^rb	25,000^b	25,280^b	25,960^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 10-for-1 split of Jun 2024.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton NVDA · research, not advice