NVIDIA Corporation (NVDA) balance sheet

NASDAQ · Technology · Semiconductors · 42,000 employees · CEO Jensen Huang

Price: $204.64 -4.22%
Market cap: $4.93T
Enterprise value: $4.95T
Last report: Q2 '27 filed 2026-08-26
Next report: 2026-11-17 EPS est. $2.47

At the end of Q2 '27 NVIDIA Corporation (NVDA) held $99.4B in cash and short-term investments against $38.9B of debt incl. leases. Total assets $320B, total liabilities $91.3B, shareholders' equity $229B.

Balance sheet

Balance sheet	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26	Q1 '27	Q2 '27
Assets
Cash & equivalents	$5.52B	$7.28B	$7.59B	$8.56B	$9.11B	$8.59B	$15.2B	$11.6B	$11.5B	$10.6B	$13.2B	$22.4B
Short-term investments	$12.8B	$18.7B	$23.9B	$26.2B	$29.4B	$34.6B	$38.5B	$45.2B	$49.1B	$52B	$67.3B	$76.9B
Receivables	$8.31B	$10B	$12.4B	$14.1B	$17.7B	$23.1B	$22.1B	$27.8B	$33.4B	$38.5B	$40.7B	$63.1B
Inventory	$4.78B	$5.28B	$5.86B	$6.68B	$7.65B	$10.1B	$11.3B	$15B	$19.8B	$21.4B	$25.8B	$31.6B
Other current assets	$1.29B	$3.08B	$4.06B	$4.03B	$3.81B	$3.77B	$2.78B	$2.66B	$2.71B	$3.18B	$3.92B	$3.41B
Current assets	$32.7B	$44.3B	$53.7B	$59.6B	$67.6B	$80.1B	$89.9B	$102B	$116B	$126B	$151B	$197B
Property, plant & equipment (net)	$5.16B	$5.26B	$5.54B	$6.44B	$7.1B	$8.08B	$7.14B	$11.2B	$12.1B	$13.3B	$16.7B	$19.7B
Long-term investments	$1.17B	$1.32B	$1.75B	$1.82B	$2.24B	$3.39B	$6.48B	$3.8B	$8.19B	$22.3B	$43.4B	$51.2B
Goodwill	$4.43B	$4.43B	$4.45B	$4.62B	$4.72B	$5.19B	$5.5B	$5.76B	$6.26B	$20.8B	$20.9B	$21.1B
Intangible assets	$1.25B	$1.11B	$986M	$952M	$838M	$807M	$769M	$755M	$936M	$3.31B	$3.12B	$3B
Deferred tax assets	$5.98B	$6.08B	$7.8B	$9.58B	$10.3B	$11B	$13.3B	$13.6B	$13.7B	$13.3B	$11.7B	$12.2B
Other non-current assets	$3.5B	$3.18B	$2.82B	$2.18B	$3.2B	$3.04B	$2.12B	$3.42B	$3.54B	$8.3B	$12.7B	$15.7B
Non-current assets	$21.5B	$21.4B	$23.3B	$25.6B	$28.4B	$31.5B	$35.3B	$38.5B	$44.7B	$81.2B	$108B	$123B
Total assets	$54.1B	$65.7B	$77.1B	$85.2B	$96B	$112B	$125B	$141B	$161B	$207B	$259B	$320B
Liabilities
Accounts payable	$2.38B	$2.7B	$2.72B	$3.68B	$5.35B	$6.31B	$7.33B	$9.06B	$8.62B	$9.81B	$13.1B	$15.1B
Accrued expenses	$3.83B	$4.78B	$5.49B	$6.86B	$7.47B	$8.13B	$9.77B	$9.56B	$8.39B	$13.1B	$12.3B	$11.7B
Short-term debt	$1.25B	$1.25B	$1.25B	$0	$0	$0	$0	$0	$999M	$999M	$1B	$1B
Taxes payable	$420M	$296M	$3.88B	$1.17B	$1.36B	$0	$0	$0	$0	$0	$10.6B	$0
Deferred revenue	$513M	$764M	$845M	$948M	$752M	$837M	$1.07B	$980M	$1.25B	$1.38B	$1.71B	$4.62B
Other current liabilities	$475M	$614M	$793M	$1.06B	$1.27B	$1.6B	$2.4B	$2.45B	$3.56B	$3.81B	$4.68B	$4.91B
Current liabilities	$9.1B	$10.6B	$15.2B	$14B	$16.5B	$18B	$26.5B	$24.3B	$26.1B	$32.2B	$43.9B	$43B
Long-term debt	$8.46B	$8.46B	$8.46B	$8.46B	$8.46B	$8.46B	$8.46B	$8.47B	$7.47B	$7.47B	$7.47B	$32.4B
Lease obligations (non-current)	$1.09B	$1.12B	$1.28B	$1.3B	$1.49B	$1.52B	$1.52B	$1.83B	$2.01B	$2.57B	$3.88B	$4.99B
Deferred revenue (non-current)	$425M	$573M	$704M	$773M	$833M	$976M	$1B	$1.06B	$1.17B	$1.19B	$1.4B	$1.8B
Deferred tax liabilities	$424M	$462M	$583M	$697M	$790M	$886M	$1.08B	$1.35B	$1.62B	$1.77B	$1.8B	$1.62B
Other non-current liabilities	$1.39B	$1.51B	$1.68B	$1.87B	$2.06B	$2.38B	$2.8B	$3.65B	$3.91B	$4.34B	$5.57B	$7.5B
Non-current liabilities	$11.8B	$12.1B	$12.7B	$13.1B	$13.6B	$14.2B	$14.9B	$16.4B	$16.2B	$17.3B	$20.1B	$48.3B
Total liabilities	$20.9B	$22.8B	$27.9B	$27.1B	$30.1B	$32.3B	$41.4B	$40.6B	$42.3B	$49.5B	$64B	$91.3B
Equity
Common stock & paid-in capital	$2M	$25M	$2M	$25M	$25M	$24M	$24M	$24M	$24M	$24M	$24M	$24M
Retained earnings	$20.4B	$29.8B	$36.6B	$46B	$54B	$68B	$72.2B	$88.7B	$108B	$147B	$185B	$219B
Accumulated other comprehensive income	-$88M	$27M	-$109M	$56M	$103M	$28M	$186M	$170M	$339M	$178M	$137M	-$25M
Shareholders' equity	$33.3B	$43B	$49.1B	$58.2B	$65.9B	$79.3B	$83.8B	$100B	$119B	$157B	$195B	$229B
Debt
Total debt (incl. leases)	$11B	$11.1B	$11.2B	$10B	$10.2B	$10.3B	$10.3B	$10.6B	$10.8B	$11.4B	$12.8B	$38.9B
Net debt (debt - cash)	$5.51B	$3.78B	$3.65B	$1.45B	$1.12B	$1.68B	-$4.95B	-$1.04B	-$664M	$807M	-$423M	$16.4B

Balance sheet	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Assets
Cash & equivalents	$1.77B	$4B	$782M	$10.9B	$847M	$1.99B	$3.39B	$7.28B	$8.59B	$10.6B
Short-term investments	$5.03B	$3.11B	$6.64B	$1M	$10.7B	$19.2B	$9.91B	$18.7B	$34.6B	$52B
Receivables	$826M	$1.27B	$1.42B	$1.66B	$2.43B	$4.65B	$3.83B	$10B	$23.1B	$38.5B
Inventory	$794M	$796M	$1.58B	$979M	$1.83B	$2.61B	$5.16B	$5.28B	$10.1B	$21.4B
Other current assets	$0	$0	$0	$0	$0	$0	$791M	$3.08B	$3.77B	$3.18B
Current assets	$8.54B	$9.26B	$10.6B	$13.7B	$16.1B	$28.8B	$23.1B	$44.3B	$80.1B	$126B
Property, plant & equipment (net)	$521M	$997M	$1.4B	$2.29B	$2.86B	$3.61B	$4.85B	$5.26B	$8.08B	$13.3B
Long-term investments	$0	$0	$0	$77M	$144M	$266M	$299M	$1.32B	$3.39B	$22.3B
Goodwill	$618M	$618M	$618M	$618M	$4.19B	$4.35B	$4.37B	$4.43B	$5.19B	$20.8B
Intangible assets	$104M	$52M	$45M	$49M	$2.74B	$2.34B	$1.68B	$1.11B	$807M	$3.31B
Deferred tax assets	$0	$245M	$560M	$548M	$806M	$1.22B	$3.4B	$6.08B	$11B	$13.3B
Other non-current assets	$62M	$74M	$108M	$41M	$2B	$3.58B	$3.52B	$3.18B	$3.04B	$8.3B
Non-current assets	$1.31B	$1.99B	$2.74B	$3.63B	$12.7B	$15.4B	$18.1B	$21.4B	$31.5B	$81.2B
Total assets	$9.84B	$11.2B	$13.3B	$17.3B	$28.8B	$44.2B	$41.2B	$65.7B	$112B	$207B
Liabilities
Accounts payable	$485M	$596M	$511M	$687M	$1.15B	$1.78B	$1.19B	$2.7B	$6.31B	$9.81B
Accrued expenses	$199M	$420M	$574M	$775M	$979M	$1.61B	$2.95B	$4.78B	$8.13B	$13.1B
Short-term debt	$827M	$15M	$0	$0	$999M	$0	$1.25B	$1.25B	$0	$999M
Taxes payable	$4M	$33M	$91M	$61M	$61M	$132M	$467M	$296M	$0	$0
Deferred revenue	$85M	$53M	$92M	$141M	$288M	$300M	$354M	$764M	$837M	$1.38B
Other current liabilities	$211M	$36M	$61M	$29M	$389M	$371M	$177M	$614M	$1.6B	$3.81B
Current liabilities	$1.82B	$1.15B	$1.33B	$1.78B	$3.93B	$4.34B	$6.56B	$10.6B	$18B	$32.2B
Long-term debt	$1.98B	$1.99B	$1.99B	$1.99B	$5.96B	$10.9B	$9.7B	$8.46B	$8.46B	$7.47B
Lease obligations (non-current)	$6M	$0	$0	$561M	$634M	$741M	$902M	$1.12B	$1.52B	$2.57B
Deferred revenue (non-current)	$4M	$15M	$46M	$60M	$163M	$202M	$218M	$573M	$976M	$1.19B
Deferred tax liabilities	$141M	$18M	$19M	$29M	$241M	$245M	$247M	$462M	$886M	$1.77B
Other non-current liabilities	$126M	$599M	$568M	$686M	$971M	$1.11B	$1.45B	$1.51B	$2.38B	$4.34B
Non-current liabilities	$2.26B	$2.62B	$2.62B	$3.33B	$7.97B	$13.2B	$12.5B	$12.1B	$14.2B	$17.3B
Total liabilities	$4.08B	$3.77B	$3.95B	$5.11B	$11.9B	$17.6B	$19.1B	$22.8B	$32.3B	$49.5B
Equity
Common stock & paid-in capital	$1M	$1M	$1M	$1M	$3M	$3M	$2M	$25M	$24M	$24M
Retained earnings	$6.11B	$8.79B	$12.6B	$15B	$18.9B	$16.2B	$10.2B	$29.8B	$68B	$147B
Accumulated other comprehensive income	-$16M	-$18M	-$12M	$1M	$19M	-$11M	-$43M	$27M	$28M	$178M
Shareholders' equity	$5.76B	$7.47B	$9.34B	$12.2B	$16.9B	$26.6B	$22.1B	$43B	$79.3B	$157B
Debt
Total debt (incl. leases)	$2.82B	$2B	$1.99B	$2.64B	$7.72B	$11.8B	$12B	$11.1B	$10.3B	$11.4B
Net debt (debt - cash)	$1.05B	-$2B	$1.21B	-$8.25B	$6.87B	$9.84B	$8.64B	$3.78B	$1.68B	$807M

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-26, 10-Q 2026-04-26, 10-K 2026-01-25, 10-Q 2025-10-26, 10-Q 2025-07-27, 10-Q 2025-04-27, 10-K 2025-01-26, 10-Q 2024-10-27, 10-Q 2024-07-28

Data as of 2026-11-01