| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $130.50B | $60.92B | $26.97B | $26.91B | $16.68B | $10.92B | $11.72B | $9.71B |
| Cost of Revenue | $32.64B | $16.62B | $11.62B | $9.44B | $6.28B | $4.15B | $4.54B | $3.89B |
| Gross Profit | $97.86B | $44.30B | $15.36B | $17.48B | $10.40B | $6.77B | $7.17B | $5.82B |
| Gross Margin | 74.99% | 72.72% | 56.93% | 64.93% | 62.34% | 61.99% | 61.21% | 59.93% |
| Operating Expenses | $16.41B | $11.33B | $11.13B | $7.43B | $5.86B | $3.92B | $3.37B | $2.61B |
| Operating Income | $81.45B | $32.97B | $4.22B | $10.04B | $4.53B | $2.85B | $3.80B | $3.21B |
| Operating Margin | 62.42% | 54.12% | 15.66% | 37.31% | 27.18% | 26.07% | 32.47% | 33.05% |
| Net Income | $72.88B | $29.76B | $4.37B | $9.75B | $4.33B | $2.80B | $4.14B | $3.05B |
| Net Margin | 55.85% | 48.85% | 16.19% | 36.23% | 25.98% | 25.61% | 35.34% | 31.37% |
| EPS (Basic) | $2.97 | $1.21 | $0.18 | $0.39 | $0.18 | $0.12 | $0.17 | $0.13 |
| EBITDA | $86.14B | $35.58B | $5.99B | $11.35B | $5.69B | $3.40B | $4.22B | $3.46B |
| Stock Option Compensation Expense | $4.74B | $3.55B | $2.71B | $2.00B | $1.40B | $844.00M | $557.00M | $391.00M |
| Price To Earnings Ratio | 39.90 | 51.83 | 109.09 | 62.68 | 75.43 | 52.36 | 20.26 | 48.52 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $2.91T | $1.54T | $476.51B | $611.27B | $326.76B | $146.40B | $83.90B | $147.83B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $111.60B | $65.73B | $41.18B | $44.19B | $28.79B | $17.32B | $13.29B | $11.24B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $32.27B | $22.75B | $19.08B | $17.57B | $11.90B | $5.11B | $3.95B | $3.77B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $79.33B | $42.98B | $22.10B | $26.61B | $16.89B | $12.20B | $9.34B | $7.47B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $79.33B | $42.98B | $22.10B | $26.61B | $16.89B | $12.20B | $9.34B | $7.47B |
| Total Liabilities & Stockholders Equity | $111.60B | $65.73B | $41.18B | $44.19B | $28.79B | $17.32B | $13.29B | $11.24B |
| Book Value Per Share | $3.23 | $1.74 | $0.89 | $1.07 | $0.68 | $0.50 | $0.38 | $0.31 |
| Tangible Book Value Per Share | $2.99 | $1.52 | $0.65 | $0.80 | $0.40 | $0.47 | $0.36 | $0.28 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 65.30% | 45.28% | 10.61% | 22.07% | 15.05% | 16.15% | 31.15% | 27.11% |
| Return on Equity | 91.87% | 69.24% | 19.76% | 36.65% | 25.64% | 22.91% | 44.33% | 40.78% |
| Return on Invested Capital | 75.28% | 51.29% | 11.72% | 24.63% | 17.14% | 17.15% | 31.80% | 30.29% |
| Quick Ratio | 3.88 | 3.67 | 2.73 | 6.05 | 3.63 | 7.13 | 6.76 | 7.34 |
| Current Ratio | 4.44 | 4.17 | 3.52 | 6.65 | 4.09 | 7.67 | 7.94 | 8.03 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $72.88B | $29.76B | $4.37B | $9.75B | $4.33B | $2.80B | $4.14B | $3.05B |
| Depreciation | $1.86B | $1.51B | $1.54B | $1.17B | $1.10B | $381.00M | $262.00M | $199.00M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $64.09B | $28.09B | $5.64B | $9.11B | $5.82B | $4.76B | $3.74B | $3.50B |
| Capital Expenditures | $3.24B | $1.07B | $1.83B | $976.00M | $1.13B | $489.00M | $600.00M | $593.00M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $834.00M | $395.00M | $398.00M | $399.00M | $395.00M | $390.00M | $371.00M | $341.00M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $33.71B | $9.53B | $10.04B | $0.00 | $0.00 | $0.00 | $1.58B | $909.00M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $60.85B | $27.02B | $3.81B | $8.13B | $4.69B | $4.27B | $3.14B | $2.91B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
NVIDIA Corporation stands as a prominent provider of advanced graphics, computational, and networking solutions, operating across the United States, Taiwan, China, and numerous international markets. Its Graphics division encompasses GeForce GPUs, central to PC gaming and personal computing experiences, along with the GeForce NOW cloud gaming service and its supporting infrastructure, as well as dedicated solutions for various gaming platforms. For professional visualization, it provides Quadro and NVIDIA RTX GPUs for enterprise workstations, further offering vGPU software designed for cloud-centric visual and virtual computing, automotive platforms for in-vehicle infotainment, and the Omniverse software suite, facilitating 3D design and virtual world creation. The Compute & Networking segment is a cornerstone for AI, high-performance computing (HPC), and accelerated data center platforms. It integrates Mellanox networking and interconnect solutions, delivers automotive AI Cockpit technologies, fosters autonomous driving development through strategic agreements, and offers comprehensive autonomous vehicle solutions. This segment also manufactures cryptocurrency mining processors, supplies Jetson platforms for robotics and other embedded applications, and offers enterprise AI software, including NVIDIA AI Enterprise. These diverse offerings find widespread application across the gaming, professional visualization, data center, and automotive sectors. NVIDIA distributes its portfolio through a broad ecosystem, engaging original equipment and device manufacturers, system integrators, add-in board makers, retail channels, software vendors, internet and cloud service providers, automotive companies (both manufacturers and tier-1 suppliers), mapping firms, nascent technology ventures, and other industry stakeholders. A notable strategic partnership exists with Kroger Co. Founded in 1993, NVIDIA Corporation maintains its corporate headquarters in Santa Clara, California.
Why it moved over time
Nvidia's earnings estimates were raised to 44% annual growth over three years by Wall Street analysts, signaling stronger hyperscaler AI infrastructure spending and higher revenue and valuation expectations.
Key fact: Wall Street raised Nvidia's earnings estimates to 44% annual growth over the next three years, citing underestimated hyperscaler AI infrastructure spending.
The Motley Fool: Nvidia Stock Investors Just Got Good News From Wall Street (Hint: It's Time to Buy)Nvidia is partnering with major Wall Street firms to mobilize roughly $500 billion in financing for AI infrastructure, a deal that could accelerate GPU demand and make compute an investable asset class.
Key fact: Nvidia signed memorandums with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion for AI infrastructure financing.
fool.com: Nvidia's $500 Billion Financing Plan Is 20 Times What the Telecom Bubble Ran OnNvidia (NVDA) struck a partnership with top Wall Street firms to mobilize over $500 billion to finance AI infrastructure, accelerating customer deployments and entrenching Nvidia's chips as the platform of choice.
Key fact: Partnered with Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion for AI infrastructure.
cnbc.com: Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure pushNvidia's partnership with Palantir to combine Palantir's mission-critical software with Nvidia AI hardware aims to create a secure 'sovereign AI' operating system, signalling expanded government and enterprise demand for Nvidia GPUs.
Key fact: Palantir partnered with Nvidia to combine its software with Nvidia's AI hardware to create a secure operating system for governments and enterprises.
The Motley Fool: Massive News: Palantir's Newest Partnership Could Strengthen Its AI MoatNVDA is reacting to SpaceX's announcement it will use Nvidia GPUs exclusively, a major customer win that implies sizable incremental data-center GPU demand and validation for NVIDIA's AI hardware.
Key fact: SpaceX announced that it'll use Nvidia GPUs exclusively.
247wallst.com: Nvidia's Custom CPU Expansion Is the Next $200B Catalyst.Nvidia is quietly building an AI safety and security engineering team to back its push into open-weight models, a strategic move that could accelerate product deployment and enterprise adoption.
Key fact: Nvidia is creating a new AI safety and security engineering team to support open-weight AI models.
businessinsider.com: Nvidia is quietly staffing a new AI safety team as it doubles down on open modelsInvestor optimism ahead of Nvidia's upcoming earnings is tied to accelerating cloud spending on its Blackwell AI systems, signaling stronger data-center demand that could affect guidance and revenue.
Key fact: Reports say cloud providers are accelerating spending on Nvidia's liquid-cooled Blackwell systems ahead of earnings, and CEO Jensen Huang projects large semiconductor growth; hedge fund manager Michael Burry has increased bearish NVDA put bets.
invezz.com: Michael Burry's latest bet puts Nvidia stock and Micron's AI boom on trialInvestor optimism about accelerating AI infrastructure spending — notably cloud providers buying Nvidia's liquid-cooled Blackwell systems — ahead of Nvidia's upcoming earnings is the likely catalyst.
Key fact: Reports say large cloud providers are accelerating spending on Nvidia's latest liquid-cooled Blackwell systems ahead of Nvidia's upcoming earnings.
invezz.com: Michael Burry's latest bet puts Nvidia stock and Micron's AI boom on trialInvestor confidence was likely boosted by strong cloud earnings from Microsoft and Amazon, signaling continued enterprise AI infrastructure spending and potential demand for Nvidia's chips.
Key fact: Reports said strong cloud results at Microsoft and Amazon revived confidence in AI infrastructure spending.
businessinsider.com: AI is starting to rewrite the software that made Nvidia untouchableNvidia is moving after Microsoft's stronger-than-expected Azure and Copilot results revived the AI infrastructure trade, lifting demand expectations for Nvidia's data-center chips.
Key fact: Microsoft reported EPS $4.74 and $90 billion in revenue, topping expectations and driving optimism about Azure and Copilot growth.
youtube.com: Semiconductor stocks SOAR as strong Microsoft outlook revives AI trade