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NVDA

NASDAQ · USD
NVIDIA Corporation
Technology · Semiconductors
CEO Jensen Huang Employees 42,000 R&D / revenue 8.6%
Last price
$214.13−1.43%last session
Market cap
$5.16T
P/E (TTM)
26.9x
From 52w high
−12.0%
From 52w low
+30.4%
1-year return
+18.1%
RSI 14 · vs SMA200
37.6 · +5.7%
IS score
83.8/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

NVDA   SPY   XLK (sector ETF) · weekly closes
90100110120130140Jan 26Apr 26Jul 26Oct 26XLK 129NVDA 118SPY 116

Score DNA

Each bar is a 0-100 score within the scored universe
100
Profitability
90
Growth
53
Value
82
Momentum
100
Risk (safety)
83
Quality
94
Balance sheet
24
Earnings quality

Flags

Strengths
✓ Net cash✓ Congress buying
Warnings
▲ Beneish M above -1.78▲ High accruals
Observations
Moat model: Wide, Efficient ScalePiotroski 7 / 9Altman Z 37.9Beta 2.223 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
32 open-market sales, $1.4B
Form 144 notices (12m): 33, $2.5B proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
19
Last disclosed purchase 2026-09-23
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+122
309 new holders, 116 closed
5,953 filers hold 69.9% · 2,985 added, 2,338 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+379
3,025 funds adding shares
2,646 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
35.2%
20-day avg 44.2%, 50-day avg 40.6%
Latest 9.0 pp under its 20-day average · a flow, not short interest

Key financials · FY2026

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$215.9B
Revenue growth YoY+65.5%
Gross margin71.1%
Operating income$130.4B
Operating margin60.4%
Net income$120.1B
Net margin55.6%
EPS (diluted)$4.90
Cash flow
Operating cash flow$102.7B
Capital expenditure$6.0B
Free cash flow$96.7B
FCF conversion (FCF / OCF)94.1%
Stock-based compensation$6.4B
FCF less SBC$90.3B
Buybacks$40.1B
Dividends$974.0M
Balance sheet & returns
Cash & short-term investments$62.6B
Total debt$8.5B
Net cash$54.1B
Shareholders' equity$157.3B
Goodwill & intangibles$24.1B
Debt / equity0.17
ROE (TTM)110.1%
ROIC (TTM)59.5%
Operating margin by fiscal year
37.3%FY202215.7%FY202354.1%FY202462.4%FY202560.4%FY2026
Revenue $26.9B (FY2022) to $215.9B (FY2026), a 68.3% CAGR.

Valuation

P/E (TTM)26.9x
EV / EBITDA22.1x
Price / sales17.03x
Price / FCF40.6x
FCF yield2.46%
Buyback yield0.78%
SBC / revenue2.4%
Price / book22.62x
Forward P/E FY202723.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $332.32 across 25 analysts last quarter is theirs, not ours.

NVDA vs industry median

196 companies in Semiconductors
Gross margin 74.7% 45.0% Operating margin 65.2% 5.8% Net margin 63.7% 5.7% ROIC 59.5% 6.2%
NVDA (TTM)Industry median Asset turnover 0.95 vs industry 0.52 · financial leverage 1.40

Earnings delivery

Next report 2026-11-18 · consensus EPS $2.49
100%
beat rate, 12 of 12 quarters
+6.2%
median EPS surprise
12
longest beat streak
+18+13+9+5+8+5+10+4+3+5+6+6
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-21 to 2026-08-26. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
NVDA NVIDIA Corporation $5.16T26.9x110.1%63.7%+65.5% +18.1%
AVGO Broadcom Inc. $1.57T40.8x44.2%44.2%+48.7% −7.2%
MU Micron Technology, Inc. $994.3B11.7x88.3%69.5%+256.3% +333.9%
AMD Advanced Micro Devices, Inc. $863.2B134.2x10.1%19.9%+39.5% +125.4%
AAPL Apple Inc. $5.01T39.2x148.8%27.2%+14.2% +39.3%
MSFT Microsoft Corporation $3.93T29.4x34.0%39.7%+17.8% —
INTC Intel Corp. $475.0Bn/m-12.2%-68.4%+7.5% —
PLTR Palantir Technologies Inc. $428.0B147.6x38.4%54.9%+78.9% —
12-month window: SPY +15.9%, sector ETF XLK +29.0%. Past returns describe history only.

Recent 8-K filings

2026-09-03Other Events
2026-08-26Earnings Release; Exhibits
2026-08-17Material Agreement; Financial Obligation; Regulation FD
2026-07-02Officer/Director Change
2026-06-30Shareholder Vote
2026-06-18Other Events; Exhibits

Context

Shares outstanding24,100,000,000
Free float96.0%
Institutional ownership69.9%
Beta2.22
Dividend yield0.24%
Last dividend$0.25 on 2026-09-10
50 / 200-day average$223.17 / $202.84
Mega-cap Technology median P/E33.1x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Wide).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where NVDA sits among 76 scored companies in Semiconductors (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureNVDAIndustry medianIndustry percentileSector median
P/E (TTM) 26.8x 45.9x
22nd		 32.0x
PEG (P/E ÷ 3-yr EPS CAGR) 0.16 2.30
0th		 1.36
Price / sales 17.0x 8.1x
80th		 3.9x
Price / book 22.5x 5.5x
92nd		 4.4x
Price / tangible book 24.5x 10.3x
79th		 8.8x
Price / free cash flow 40.6x 57.4x
35th		 20.3x
Price / operating cash flow 38.4x 38.7x
47th		 17.9x
Enterprise value $5.10T $6.8B
100th		 $5.5B
EV / sales 16.8x 8.4x
81st		 4.1x
EV / EBITDA 21.8x 28.1x
30th		 18.9x
EV / EBIT 22.2x 38.4x
21st		 26.7x
EV / free cash flow 40.2x 57.4x
28th		 21.9x
Earnings yield 3.7% 1.2%
85th		 2.0%
FCF yield 2.5% 1.4%
75th		 3.3%
Operating cash flow yield 2.6% 2.0%
64th		 4.4%
Graham number (per share) $41.05 $34.80
67th		 $28.08

Profitability (TTM)

MeasureNVDAIndustry medianIndustry percentileSector median
Gross margin 74.7% 48.5%
91st		 55.7%
EBITDA margin 77.2% 18.7%
99th		 13.7%
Operating margin 65.2% 10.1%
99th		 8.2%
EBIT margin 76.0% 12.1%
100th		 8.6%
Net margin 63.7% 9.4%
99th		 5.7%
NOPAT margin 54.7% 9.3%
99th		 7.0%
FCF margin 41.9% 12.0%
97th		 15.0%
Operating cash flow margin 44.3% 18.3%
93rd		 18.4%
R&D / revenue 7.8% 17.5%
16th		 12.9%
SG&A / revenue 1.7% 14.9%
3rd		 25.6%
Stock comp / revenue 2.4% 3.9%
34th		 4.4%
Effective tax rate 16.0% 17.4%
44th		 21.0%

Returns on capital

MeasureNVDAIndustry medianIndustry percentileSector median
ROE (on average equity) 117.2% 6.8%
100th		 9.4%
ROA 83.7% 4.2%
100th		 4.1%
ROIC 98.5% 7.9%
99th		 9.0%
ROCE 83.0% 6.6%
100th		 8.6%
Return on tangible assets 99.9% 5.7%
100th		 5.9%
Cash ROIC (OCF / invested capital) 79.8% 14.1%
99th		 20.7%
Gross profitability (GP / assets) 70.6% 21.5%
100th		 30.0%
ROIC, 3-yr average —
ROIC, 5-yr average 128.9% 16.5%
95th		 7.9%
ROE, 5-yr average 66.4% 10.9%
98th		 6.9%
Incremental ROIC 59.3% 13.4%
76th		 15.3%

Growth

MeasureNVDAIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 83.4% 17.8%
95th		 14.3%
Revenue growth (QoQ) 17.9% 13.2%
67th		 6.6%
Revenue CAGR, 3 yr 110.1% 3.5%
100th		 9.6%
Revenue CAGR, 5 yr 69.1% 6.5%
100th		 11.5%
Gross profit CAGR, 3 yr 120.4% 2.6%
97th		 10.9%
Operating income CAGR, 3 yr 163.5% -2.2%
100th		 11.3%
Net income growth (TTM YoY) 122.7% 35.4%
76th		 21.6%
Net income CAGR, 3 yr 165.3% 1.9%
100th		 9.9%
EPS growth (TTM YoY) 125.0% 37.4%
78th		 22.3%
EPS CAGR, 3 yr 167.9% -0.5%
100th		 11.2%
EPS CAGR, 5 yr 95.3% 7.5%
100th		 12.0%
FCF growth (TTM YoY) 76.3% 31.5%
78th		 24.6%
FCF CAGR, 3 yr 130.9% 2.9%
98th		 19.3%
Operating cash flow CAGR, 3 yr 124.3% 4.1%
96th		 17.9%
Book value CAGR, 3 yr 104.6% 7.2%
99th		 6.8%
Dividend CAGR, 3 yr 92.5% 1.9%
93rd		 3.1%
Sustainable growth rate 113.1% 10.7%
100th		 14.2%

Margin history & stability

MeasureNVDAIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 73.5% 47.6%
92nd		 53.2%
Operating margin, 3-yr average 61.7% 8.0%
99th		 6.6%
Net margin, 3-yr average 57.0% 7.9%
99th		 5.2%
FCF margin, 3-yr average 44.7% 11.5%
99th		 12.7%
Revenue stability (0-1) 0.81 0.58
69th		 0.87
Earnings stability (0-1) 0.79 0.36
86th		 0.45
Margin stability (0-1) 0.92 0.93
46th		 0.95

Liquidity (latest quarter)

MeasureNVDAIndustry medianIndustry percentileSector median
Cash & short-term investments $99.4B $667.9M
100th		 $494.1M
Net cash (− = net debt) $60.5B $201.8M
100th		 $49.8M
Working capital $154.4B $953.3M
100th		 $391.0M
Current ratio 4.59 3.45
61st		 1.92
Quick ratio 3.85 2.56
67th		 1.67
Cash ratio (cash + ST investments / current liabilities) 2.31 1.60
63rd		 0.95
Defensive interval (days) 2,068 days 778 days
85th		 521 days

Leverage & solvency (latest quarter)

MeasureNVDAIndustry medianIndustry percentileSector median
Total debt $38.9B $307.1M
97th		 $349.3M
Debt / equity 0.17 0.17
49th		 0.29
Net debt / equity −0.26 −0.19
44th		 −0.13
Debt / assets 12.1% 11.2%
51st		 16.9%
Debt / capital 14.5% 14.8%
49th		 22.3%
Debt / EBITDA 0.17 1.14
18th		 1.78
Net debt / EBITDA −0.26 −0.82
61st		 −0.18
Interest coverage (EBIT / interest) 497.2x 12.4x
89th		 5.8x
Cash interest coverage 290.2x 15.4x
89th		 12.8x
Debt payback (years of OCF) 0.3 yrs 1.2 yrs
31st		 1.6 yrs
Liabilities / assets 28.5% 30.8%
43rd		 48.7%
IS credit model rating AA+ — —
Implied credit spread (bps) 65 125
0th		 175

Efficiency

MeasureNVDAIndustry medianIndustry percentileSector median
Asset turnover 1.31 0.52
100th		 0.62
Fixed asset turnover 15.40 4.69
97th		 9.25
Inventory turnover 3.3 2.7
76th		 3.8
Receivables turnover 6.7 6.3
56th		 6.2
Days sales outstanding 55 days 58 days
44th		 59 days
Days inventory outstanding 111 days 137 days
24th		 94 days
Days payables outstanding 57 days 50 days
68th		 46 days
Cash conversion cycle (days) 108 days 129 days
33rd		 50 days
Capex / revenue 2.4% 4.5%
24th		 2.3%
Capex / depreciation 1.99 0.94
82nd		 0.56
Operating expense ratio 8.7% 32.6%
3rd		 44.3%

Cash flow & earnings quality

MeasureNVDAIndustry medianIndustry percentileSector median
Operating cash flow / net income 0.70 1.34
12th		 1.61
FCF / net income 0.66 0.88
23rd		 1.33
FCF / operating cash flow 94.5% 75.0%
95th		 88.0%
Capex / operating cash flow 5.5% 25.0%
5th		 12.0%
Accruals ratio 25.4% -4.4%
97th		 -6.3%
Sloan accruals ratio 31.6% 2.2%
85th		 -1.8%
Earnings quality score (0-1) 0.50 0.75
12th		 0.75

Dividends & buybacks

MeasureNVDAIndustry medianIndustry percentileSector median
Dividend yield 0.2% 0.0%
69th		 0.0%
Dividend per share (TTM) $0.52 $0.00
77th		 $0.00
Payout ratio (dividends / net income) 3.5% 5.0%
48th		 0.0%
Dividends / FCF 5.3% 0.0%
56th		 0.0%
Dividend growth (YoY) 599.9% 3.6%
96th		 4.1%
Buyback yield 1.1% 0.1%
81st		 1.2%
Shareholder yield (dividends + buybacks) 1.2% 0.3%
67th		 1.7%
Share count change (YoY) -1.0% 1.6%
15th		 0.1%
Buybacks, last 5 years $231.7B $67.3M
100th		 $215.3M

Scores & forensic checks

MeasureNVDAIndustry medianIndustry percentileSector median
IS score 84 59
99th		 56
IS profitability 100 43
96th		 40
IS growth 90 69
100th		 65
IS value 53 36
88th		 39
IS momentum 82 79
58th		 78
IS risk (safety) 100 100
12th		 100
IS quality 83 70
81st		 67
IS balance sheet 94 84
83rd		 72
IS earnings quality 24 65
7th		 61
IS cash flow 86 58
89th		 66
Piotroski F-score (0-9) 7 6
65th		 6
Altman Z-score 37.9 12.3
88th		 4.0
Beneish M-score −0.08 −2.45
95th		 −2.58
Ohlson O-score −15.38 −9.33
1st		 −8.00
IS credit score 91 78
83rd		 69

Per share

MeasureNVDAIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $7.94 $1.49
88th		 $0.84
Book value per share $9.43 $17.90
24th		 $9.77
Tangible book per share $8.47 $11.01
39th		 $3.22
Revenue per share $12.48 $13.47
47th		 $13.00
FCF per share $5.23 $1.50
85th		 $1.78
Operating cash flow per share $5.53 $2.35
81st		 $2.40
Cash per share $4.09 $6.31
24th		 $4.50

Size (TTM)

MeasureNVDAIndustry medianIndustry percentileSector median
Market cap $5.16T $6.8B
100th		 $4.7B
Revenue $303.0B $1.1B
100th		 $1.2B
EBITDA $233.9B $207.9M
100th		 $185.8M
Net income $192.9B $119.3M
100th		 $84.9M
Free cash flow $127.0B $114.6M
100th		 $170.6M
Total assets $320.3B $2.3B
100th		 $2.4B
Shareholders' equity $229.0B $1.4B
100th		 $1.1B
Employees 42,000 2,286
93rd		 3,000

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-07Coxe Tench
Director
 Gift 500,000——23,671,360
2026-09-21Teter Timothy S.
EVP, General Counsel and Sec
 Open-market sale 12,483$222.19$2.8M2,705,637
2026-09-21Teter Timothy S.
EVP, General Counsel and Sec
 Open-market sale 13,478$223.05$3.0M2,692,159
2026-09-21Teter Timothy S.
EVP, General Counsel and Sec
 Open-market sale 4,499$223.75$1.0M2,687,660
2026-09-18Stevens Mark A
Director
 Open-market sale 1,356,000$219.72$297.9M980,531
2026-09-18Stevens Mark A
Director
 Open-market sale 10,000$220.42$2.2M970,531
2026-09-17Kress Colette
EVP & Chief Financial Officer
 Open-market sale 4,681$218.01$1.0M795,340
2026-09-17Kress Colette
EVP & Chief Financial Officer
 Open-market sale 20,369$219.02$4.5M774,971
2026-09-17Kress Colette
EVP & Chief Financial Officer
 Open-market sale 9,868$219.59$2.2M765,103
2026-09-17Huang Jen Hsun
Director, President and CEO
 Gift 438,000——467,693,547
2026-09-16Gawel Scott
Principal Accounting Officer
 Tax withholding 2,932$212.17$622,08256,577
2026-09-16Shoquist Debora
EVP, Operations
 Tax withholding 35,008$212.17$7.4M299,428

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired15405,743—
GiftDisposed73,145,500—
Open-market saleDisposed326,233,243$1.4B
Tax withholdingDisposed10354,303$74.2M
—Disposed40—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 33 notices · 12,579,711 shares · $2.5B
FiledFilerShares proposedEst. proceeds
2026-09-21Teter Timothy S.30,460$6.8M
2026-09-17Colette Kress34,918$7.7M
2026-09-02Mark A Stevens5,000,000$1.1B
2026-08-31Teter Timothy S.30,000$6.5M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 91 trades (42 purchases) · Senate 26 (3 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-23Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-09-04Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-08-31Daniel MeuserHouseSale$1,001 - $15,0002026-10-14
2026-08-18Gilbert CisnerosHouseSale$1,001 - $15,0002026-09-11
2026-08-13Sheldon WhitehouseSenateSale$15,001 - $50,0002026-09-02
2026-08-13Sheldon WhitehouseSenateSale$1,001 - $15,0002026-09-02
2026-08-13Sheldon WhitehouseSenateSale (Partial)$15,001 - $50,0002026-09-02
2026-08-13Sheldon WhitehouseSenateSale (Partial)$1,001 - $15,0002026-09-02
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.1,941,918,386$388.6B8.06%
VANGUARD CAPITAL MANAGEMENT LLC1,540,816,358$308.3B6.39%
FMR LLC1,026,051,548$205.3B4.26%
STATE STREET CORP1,009,783,437$202.0B4.19%
GEODE CAPITAL MANAGEMENT, LLC606,216,492$121.0B2.52%
VANGUARD PORTFOLIO MANAGEMENT LLC517,816,949$103.6B2.15%
PRICE T ROWE ASSOCIATES INC /MD/369,829,781$74.0B1.53%
JPMORGAN CHASE & CO367,937,693$71.7B1.53%
Invesco Ltd.329,593,488$65.9B1.37%
NORGES BANK325,951,734$65.2B1.35%
Capital Research Global Investors202,740,420$40.6B0.84%
NORTHERN TRUST CORP196,370,633$39.3B0.81%
BANK OF AMERICA CORP /DE/195,366,864$39.1B0.81%
GOLDMAN SACHS GROUP INC192,146,665$38.4B0.80%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC160,205,997$32.1B0.66%

Institutional ownership by quarter

2023-092026-0669.9%
% of shares held by 13F filers
2023-092026-065,953
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-305,95369.9%3092,9852,338116
2026-03-315,83166.8%2692,7742,417161
2025-12-315,82768.3%7232,3712,40390
2025-09-305,32465.8%2552,4002,30979
2025-06-305,24267.1%3622,6891,923133
2025-03-315,08866.0%2382,5812,063205
2024-12-315,15265.8%7512,0932,03287
2024-09-304,58164.8%2432,2941,808111
2024-06-304,50965.4%3654,1051997
2024-03-314,30766.7%4801,6131,984103
2023-12-313,99467.8%5311,7461,398106
2023-09-303,64467.4%2641,5981,477107

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-28SCHEDULE 13GVanguard Capital Management7.3%1,777,408,252
2026-03-26SCHEDULE 13G/AThe Vanguard Group0.0%0
2026-01-30SCHEDULE 13G/AThe Vanguard Group9.3%2,266,625,855
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX7.13%$166.0B
VTSAX7.13%$166.0B
VSMPX7.13%$166.0B
VTI7.13%$166.0B
VOO8.39%$145.1B
VFFSX8.39%$145.1B

Share structure

Shares outstanding24,100,000,000
Float23,132,867,000
Free float96.0%

Income statement

Fiscal years, USD
FY2022FY2023FY2024FY2025FY2026
Revenue$26.9B$27.0B$60.9B$130.5B$215.9B
Cost of revenue$9.4B$11.6B$16.6B$32.6B$62.5B
Gross profit$17.5B$15.4B$44.3B$97.9B$153.5B
R&D$5.3B$7.3B$8.7B$12.9B$18.5B
SG&A$2.2B$2.4B$2.7B$3.5B$4.6B
Operating income$10.0B$4.2B$33.0B$81.5B$130.4B
EBITDA$11.4B$6.0B$35.6B$86.1B$144.6B
Pretax income$9.9B$4.2B$33.8B$84.0B$141.4B
Income tax$189.0M−$187.0M$4.1B$11.1B$21.4B
Net income$9.8B$4.4B$29.8B$72.9B$120.1B
EPS, diluted$0.38$0.17$1.19$2.94$4.90
Diluted shares25.4B25.1B24.9B24.8B24.5B

Balance sheet

FY2022FY2023FY2024FY2025FY2026
Cash & short-term investments$21.2B$13.3B$26.0B$43.2B$62.6B
Receivables$4.7B$3.8B$10.0B$23.1B$38.5B
Inventory$2.6B$5.2B$5.3B$10.1B$21.4B
Total current assets$28.8B$23.1B$44.3B$80.1B$125.6B
PP&E, net$3.6B$4.8B$5.3B$8.1B$13.2B
Goodwill & intangibles$6.7B$6.0B$5.5B$6.0B$24.1B
Total assets$44.2B$41.2B$65.7B$111.6B$206.8B
Accounts payable$1.8B$1.2B$2.7B$6.3B$9.8B
Total current liabilities$4.3B$6.6B$10.6B$18.0B$32.2B
Long-term debt$10.9B$9.7B$8.5B$8.5B$7.5B
Total liabilities$17.6B$19.1B$22.8B$32.3B$49.5B
Shareholders' equity$26.6B$22.1B$43.0B$79.3B$157.3B

Cash flow statement

Outflows are negative
FY2022FY2023FY2024FY2025FY2026
Net income$9.8B$4.4B$29.8B$72.9B$120.1B
Depreciation & amortization$1.2B$1.5B$1.5B$1.9B$2.8B
Stock-based compensation$2.0B$2.7B$3.5B$4.7B$6.4B
Change in working capital−$3.4B−$2.2B−$3.7B−$9.4B−$15.9B
Operating cash flow$9.1B$5.6B$28.1B$64.1B$102.7B
Capital expenditure−$976.0M−$1.8B−$1.1B−$3.2B−$6.0B
Free cash flow$8.1B$3.8B$27.0B$60.9B$96.7B
Investing cash flow−$9.8B$7.4B−$10.6B−$20.4B−$52.2B
Net debt issued / repaid$4.0B$0−$1.2B−$1.2B$0
Buybacks$0−$10.0B−$9.5B−$33.7B−$40.1B
Dividends paid−$399.0M−$398.0M−$395.0M−$834.0M−$974.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2022FY2023FY2024FY2025FY2026
Gross margin64.9%56.9%72.7%75.0%71.1%
Operating margin37.3%15.7%54.1%62.4%60.4%
Net margin36.2%16.2%48.8%55.8%55.6%
FCF margin30.2%14.1%44.4%46.6%44.8%
ROE44.8%17.9%91.5%119.2%101.5%
ROIC57.2%21.2%103.4%152.3%104.3%
ROA26.7%10.2%55.7%82.2%75.4%
Debt / equity0.440.540.260.130.07
Interest coverage43.1x17.0x132.6x341.2x547.1x
Current ratio6.653.524.174.443.91
Revenue growth+61.4%+0.2%+125.9%+114.2%+65.5%
EPS growth+123.3%−54.0%+577.7%+146.8%+66.6%
P/E at year end59.5x115.3x51.0x48.3x38.2x
EV / EBITDA at year end50.3x83.9x42.3x40.5x31.4x
FCF yield at year end1.40%0.76%1.78%1.73%2.11%
Dividend payout4.1%9.1%1.3%1.1%0.8%

Revenue by segment

FY2022FY2023FY2024FY2025FY2026
Data Center$10.6B$15.0B$47.5B$115.2B$193.7B
Gaming$12.5B$9.1B$10.4B$11.3B$16.0B
Professional Visualization$2.1B$1.5B$1.6B$1.9B$3.2B
Automotive$566.0M$903.0M$1.1B$1.7B$2.3B
OEM And Other$1.2B$455.0M$306.0M$389.0M$619.0M

Revenue by region · FY2026

UNITED STATES$149.6B · 69%
TAIWAN, PROVINCE OF CHINA$42.3B · 20%
CHINA$19.7B · 9%
Other Americas$4.3B · 2%

Street estimates by fiscal year

Next report 2026-11-18 · consensus EPS $2.49 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$213.7B$210.6B – $215.3B$4.69$4.67 – $4.733045.6x
2026$213.5B$205.2B – $215.7B$4.69$4.55 – $4.742945.7x
2027$409.9B$371.4B – $423.6B$9.28$9.03 – $9.733223.1x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-26$2.09$2.22+6.2%$92.3B$96.2B+4.3%
2026-05-20$1.76$1.87+6.3%$78.4B$81.6B+4.1%
2026-02-25$1.54$1.62+5.2%$66.1B$68.1B+3.0%
2025-11-19$1.26$1.30+3.2%$55.0B$57.0B+3.7%
2025-08-27$1.01$1.05+4.0%$46.0B$46.7B+1.5%
2025-05-28$0.74$0.81+9.9%$43.3B$44.1B+1.7%
2025-02-26$0.85$0.89+5.0%$38.1B$39.3B+3.2%
2024-11-20$0.75$0.81+8.0%$33.2B$35.1B+5.8%
2024-08-28$0.65$0.68+5.4%$28.8B$30.0B+4.4%
2024-05-22$0.56$0.61+8.9%$24.6B$26.0B+5.9%
2024-02-21$0.46$0.52+13.0%$20.2B$22.1B+9.2%
2023-11-21$0.34$0.40+17.6%$16.3B$18.1B+11.2%
2023-08-23$0.21$0.27+28.6%$11.2B$13.5B+20.3%
2023-05-24$0.09$0.11+22.2%$6.5B$7.2B+10.4%
2023-02-22$0.08$0.09+12.5%$6.0B$6.1B+0.7%
2022-11-16$0.07$0.06−14.3%$5.8B$5.9B+2.6%
2022-08-24$0.06$0.05−16.7%$6.7B$6.7B+0.1%
2022-05-25$0.13$0.14+7.7%$8.1B$8.3B+2.0%
2022-02-16$0.12$0.13+8.3%$7.4B$7.6B+3.1%
2021-11-17$0.11$0.12+9.1%$7.4B$7.1B−4.2%
2021-08-18$0.10$0.100.0%$6.8B$6.5B−4.5%
2021-05-26$0.08$0.09+12.5%$5.3B$5.7B+6.4%
2021-02-24$0.07$0.08+14.3%$4.8B$5.0B+3.9%
2020-11-18$0.06$0.07+16.7%$4.1B$4.7B+15.2%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
11.606-1516.206-2215.606-2917.607-0617.407-1315.407-2019.107-2719.108-0315.908-1014.108-1723.508-2418.008-31
Week ofNotionalSharesTrades
2026-08-31$18.0B80,280,9861,129,981
2026-08-24$23.5B107,467,4101,364,935
2026-08-17$14.1B64,040,503835,354
2026-08-10$15.9B71,435,418842,639
2026-08-03$19.1B88,648,0521,082,094
2026-07-27$19.1B97,534,7401,230,639

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1535.2%
DateShort shareShort volumeTotal volume
2026-10-1535.2%18,013,29151,176,540
2026-10-1452.0%23,931,48746,005,832
2026-10-1349.2%16,424,38433,411,691
2026-10-1241.6%12,761,26130,668,913
2026-10-0948.2%17,868,37437,049,004
2026-10-0852.4%26,673,08350,920,789
2026-10-0751.5%17,901,99934,776,416
2026-10-0656.6%24,825,45043,896,438
2026-10-0557.4%29,699,01051,767,954
2026-10-0246.5%24,336,65752,296,569
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+1.9Jan+3.2Feb+3.8Mar+0.8Apr+6.8May+0.4Jun+2.3Jul+7.8Aug+2.2Sep+3.7Oct+5.5Nov+3.1Dec
MonthAvg returnUp yearsYears
Jan+1.9%40%20
Feb+3.2%60%20
Mar+3.8%52%21
Apr+0.8%45%20
May+6.8%65%20
Jun+0.4%50%20
Jul+2.3%65%20
Aug+7.8%90%20
Sep+2.2%60%20
Oct+3.7%60%20
Nov+5.5%70%20
Dec+3.1%60%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1437.6
MFI45.7
ADX17.2
Stochastic %K / %D8.5 / 16.0
Williams %R-95.8
CCI-180
TSI / signal-0.2 / 10.5
Chaikin money flow-0.22
ATR$5.96
Bollinger width10.9%
Volume vs 20-day avg1.16x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$228.18 (−6.2%)
SMA 50$222.96 (−4.0%)
SMA 200$202.66 (+5.7%)
EMA 21$225.51 (−5.0%)
EMA 50$221.98 (−3.5%)
EMA 200$204.40 (+4.8%)
Bollinger upper$240.60 (−11.0%)
Bollinger lower$215.76 (−0.8%)
Parabolic SAR$240.28 (−10.9%)
Open the live chart, 110+ indicators

About NVIDIA Corporation

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.

https://www.nvidia.com

Key executives

NameTitlePayBorn
Jen-Hsun HuangCo-Founder, CEO & Director$11.5M1963
Ajay K. PuriExecutive Vice President of Worldwide Field Operations$2.3M1955
Colette KressExecutive Vice President & Chief Financial Officer$1.5M1967
Debora ShoquistExecutive Vice President of Operations$1.4M1955
Timothy S. TeterExecutive Vice President, General Counsel & Secretary$1.4M1967
Karen T. BurnsVice President of Finance$622,8821968
Chris A. MalachowskyCo-Founder$320,000—
Ian BuckVice President of Accelerated Computing Business Unit——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Jen-Hsun Huang President and CEO2026$1.5M$24.8M$6.0M$36.3M
Ajay K. Puri EVP, Worldwide Field Operations2026$948,497$12.5M$1.3M$14.8M
Colette M. Kress EVP and CFO2026$898,577$12.8M$600,000$14.3M
Debora Shoquist EVP, Operations2026$848,656$12.9M$500,000$14.3M
Timothy S. Teter EVP, General Counsel and Secretary2026$848,656$12.9M$500,000$14.3M

Employees

13k201914k202019k202122k202226k202330k202436k202542k2026

Dividends

Ex-dateAmountPaid
2026-09-10$0.252026-10-01
2026-06-04$0.252026-06-26
2026-03-11$0.012026-04-01
2025-12-04$0.012025-12-26
2025-09-11$0.012025-10-02
2025-06-11$0.012025-07-03
2025-03-12$0.012025-04-02
2024-12-05$0.012024-12-27

Moat model

Wide · Efficient Scale · 2026-07-26
Cost advantage92
Intangibles79
Switching costs34
Network effect80
Efficient scale100
Our component scores (0-100) and overall 73.7; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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