Overview
NVIDIA CORP
Latest 10-K: FY2026, filed Feb 25, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $215.94B
- 65.5%YoYup from FY2025
- TotalRevenue
- Gross profit
- $153.46B
- 56.8%YoYup from FY2025
- GrossProfit
- Operating income
- $130.39B
- 60.1%YoYup from FY2025
- OperatingIncome
- Net income
- $120.07B
- 64.7%YoYup from FY2025
- NetIncome
- Diluted EPS
- $4.90
- 66.7%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 24.51B
- 1.2%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- NVIDIA CORP reported revenue of $215.94B for fiscal 2026, up 65.5% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 3 of the last 4 fiscal years.
Profitability
- Operating margin was 60.4% and net margin was 55.6%.
Per share
- Diluted EPS was $4.90, up 66.7% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $215.94B65.5%up | $130.50B114.2%up Benchmark median 6.4% | $60.92B125.9%up Benchmark median 4.5% | $26.97B0.2%up Benchmark median 4.8% | $26.91B61.4%up Benchmark median 10.3% | 68.3% |
| Gross Profit Median of 315 / 498 | $153.46B56.8%up | $97.86B120.9%up Benchmark median 6.8% | $44.30B188.5%up Benchmark median 5.5% | $15.36B12.1%down Benchmark median 5.2% | $17.48B68.1%up Benchmark median 8.3% | 72.1% |
| Operating Income Median of 373 / 498 | $130.39B60.1%up | $81.45B147.0%up Benchmark median 7.3% | $32.97B680.6%up Benchmark median 7.4% | $4.22B57.9%down Benchmark median 4.9% | $10.04B121.6%up Benchmark median 7.5% | 89.8% |
| Net Income | $120.07B64.7%up | $72.88B144.9%up Benchmark median 4.8% | $29.76B581.3%up Benchmark median 5.7% | $4.37B55.2%down Benchmark median 1.9% | $9.75B125.1%up Benchmark median 1.3% | 87.3% |
| EPS (Diluted) | $4.9066.7%up | $2.94147.1%up Benchmark median 6.2% | $1.19600.0%up Benchmark median 7.9% | $0.17‡n/m Benchmark median 1.9% | $3.85122.5%up Benchmark median 1.5% | n/m |
‡ Share basis changed between these years (stock split or reverse split).
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $206.80B85.3%up | $111.60B69.8%up Benchmark median 5.6% | $65.73B59.6%up Benchmark median 3.4% | $41.18B6.8%down Benchmark median 4.1% | $44.19B53.5%up Benchmark median 2.2% | 47.1% |
| Total Liabilities Median of 357 / 498 | $49.51B53.4%up | $32.27B41.9%up Benchmark median 6.4% | $22.75B19.2%up Benchmark median 1.9% | $19.08B8.6%up Benchmark median 2.9% | $17.57B47.7%up Benchmark median 2.0% | 29.6% |
| Stockholders' Equity | $157.29B98.3%up | $79.33B84.6%up Benchmark median 6.8% | $42.98B94.5%up Benchmark median 5.4% | $22.10B17.0%down Benchmark median 7.3% | $26.61B57.5%up Benchmark median 2.5% | 55.9% |
| Cash & Equivalents | $10.61B23.5%up | $8.59B18.0%up Benchmark median 5.2% | $7.28B114.8%up Benchmark median 1.9% | $3.39B70.3%up Benchmark median 6.7% | $1.99B134.9%up Benchmark median -8.6% | 51.9% |
| Total Debt | $8.47B0.1%up | $8.46B12.8%down Benchmark median 2.1% | $9.71B11.4%down Benchmark median 0.2% | $10.95B0.1%up Benchmark median 0.3% | $10.95B57.2%up Benchmark median 0.1% | -6.2% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $102.72B60.3%up | $64.09B128.2%up Benchmark median 6.3% | $28.09B398.0%up Benchmark median 4.8% | $5.64B38.1%down Benchmark median 9.9% | $9.11B56.4%up Benchmark median -0.7% | 83.3% |
| Capital Expenditures | $6.04B86.7%up | $3.24B202.7%up Benchmark median 5.4% | $1.07B41.7%down Benchmark median 2.8% | $1.83B87.8%up Benchmark median 11.3% | $0.98B Benchmark median 14.0% | 57.7% |
| Free Cash Flow Median of 378 / 498 | $96.68B58.9%up | $60.85B125.2%up Benchmark median 7.3% | $27.02B609.6%up Benchmark median 6.1% | $3.81B53.2%down Benchmark median 8.8% | $8.13B Benchmark median -11.3% | 85.7% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
2.6%
Wall Street
on net earnings
FY2025 2.1%
2.1%
Value investor
on free cash flow
FY2025 1.7%
Gap −0.5 pts: Value-investor figure 0.5 points lower
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 38.3×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
2.9%
Wall Street
on EBITDA
FY2025 2.4%
2.8%
Value investor
on EBIT
FY2025 2.3%
Gap −0.1 pts: Value-investor figure 0.1 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 34.5×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
3.4%
Wall Street
on book equity
FY2025 2.2%
2.9%
Value investor
on tangible book
FY2025 2.1%
Gap −0.5 pts: Value-investor figure 0.5 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 29.2×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
101.5%
Wall Street
ROE: net income ÷ equity
FY2025 119.2%
67.2%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 140.8%
Gap −34.3 pts: Value-investor figure 34.3 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
61.7%
Wall Street
EBITDA margin
FY2025 63.8%
44.8%
Value investor
Free-cash-flow margin
FY2025 46.6%
Gap −16.9 pts: Value-investor figure 16.9 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
3.91×
Wall Street
Current ratio
FY2025 4.44×
3.24×
Value investor
Quick ratio, inventory excluded
FY2025 3.88×
Gap −0.67×: Value-investor figure 0.67 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
15.73×
Wall Street
EBITDA ÷ total debt
FY2025 9.84×
11.42×
Value investor
FCF ÷ total debt
FY2025 7.19×
Gap −4.31×: Value-investor figure 4.31 lower
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net cashValue investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
514.4×
Wall Street
EBITDA ÷ interest
FY2025 337.3×
503.4×
Value investor
EBIT ÷ interest
FY2025 329.8×
Gap −11.0×: Value-investor figure 11.0 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on NVDA yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on NVDA and publish the result to your public profile.
Cite this page
Data as of Oct 30, 2026. Canonical address: https://valuein.biz/data/NVDA
Valuein. (2026, October 30). NVIDIA CORP (NVDA) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/NVDA
@misc{valuein_nvda_2026,
author = {{Valuein}},
title = {NVIDIA CORP (NVDA) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/NVDA}},
note = {Data as of 2026-10-30; source: SEC EDGAR filings}
}10-K filed Feb 25, 2026 · accession 0001045810-26-000021
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing
Index names are trademarks of their owners; Valuein is not affiliated with or endorsed by any index provider.