NVIDIA Corporation (NVDA) income statement
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
NVIDIA Corporation (NVDA) reported revenue of $96.2B for Q2 '27 (+105.9% year on year), operating income of $63.7B (66.2% of revenue) and net income of $59.7B. Over the last four quarters revenue was $303B.
Income statement
| Income statement | Trend | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.1B | $22.1B | $26B | $30B | $35.1B | $39.3B | $44.1B | $46.7B | $57B | $68.1B | $81.6B | $96.2B | |
| Cost of revenue | $4.72B | $5.31B | $5.64B | $7.47B | $8.93B | $10.6B | $17.4B | $12.9B | $15.2B | $17B | $20.5B | $24.1B | |
| Gross profit | $13.4B | $16.8B | $20.4B | $22.6B | $26.2B | $28.7B | $26.7B | $33.9B | $41.8B | $51.1B | $61.2B | $72.1B | |
| Research & development | $2.29B | $2.47B | $2.72B | $3.09B | $3.39B | $3.71B | $3.99B | $4.29B | $4.71B | $5.51B | $6.32B | $7.05B | |
| Operating expenses | $2.98B | $3.18B | $3.5B | $3.93B | $4.29B | $4.69B | $5.03B | $5.41B | $5.84B | $6.79B | $7.62B | $8.41B | |
| Operating income | $10.4B | $13.6B | $16.9B | $18.6B | $21.9B | $24B | $21.6B | $28.4B | $36B | $44.3B | $53.5B | $63.7B | |
| Interest income | $234M | $294M | $359M | $444M | $472M | $511M | $515M | $592M | $624M | $569M | $540M | $496M | |
| Interest expense | $63M | $63M | $64M | $61M | $61M | $61M | $63M | $62M | $61M | $73M | $102M | $227M | |
| Other non-operating income (gains on investments, FX ...) | -$168M | -$555M | -$434M | -$633M | -$508M | -$1.24B | -$335M | -$2.83B | -$1.99B | -$6.17B | -$16.5B | -$8B | |
| Total non-operating income | $105M | $492M | $370M | $572M | $447M | $1.18B | $272M | $2.77B | $1.93B | $6.1B | $16.4B | $7.77B | |
| Income before tax | $10.5B | $14.1B | $17.3B | $19.2B | $22.3B | $25.2B | $21.9B | $31.2B | $37.9B | $50.4B | $69.9B | $71.5B | |
| Income tax | $1.28B | $1.82B | $2.4B | $2.62B | $3.01B | $3.13B | $3.14B | $4.78B | $6.03B | $7.44B | $11.6B | $11.8B | |
| Net income | $9.24B | $12.3B | $14.9B | $16.6B | $19.3B | $22.1B | $18.8B | $26.4B | $31.9B | $43B | $58.3B | $59.7B | |
| EPS (basic) | $0.38 | $0.50 | $0.60 | $0.68 | $0.79 | $0.90 | $0.77 | $1.08 | $1.31 | $1.77 | $2.40 | $2.47 | |
| EPS (diluted) | $0.37 | $0.49 | $0.60 | $0.67 | $0.78 | $0.89 | $0.76 | $1.08 | $1.30 | $1.76 | $2.39 | $2.46 | |
| Shares (basic, weighted) | 24.7B | 24.7B | 24.6B | 24.6B | 24.5B | 24.5B | 24.4B | 24.4B | 24.3B | 24.3B | 24.3B | 24.2B | |
| Shares (diluted, weighted) | 24.9B | 24.9B | 24.9B | 24.8B | 24.8B | 24.7B | 24.6B | 24.5B | 24.5B | 24.4B | 24.4B | 24.3B | |
| Depreciation & amortization | $372M | $387M | $410M | $433M | $478M | $543M | $611M | $669M | $751M | $812M | $997M | $1.13B | |
| EBITDA | $11B | $14.6B | $17.8B | $19.7B | $22.9B | $25.8B | $22.6B | $31.9B | $38.7B | $51.3B | $71B | $72.9B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.91B | $9.71B | $11.7B | $10.9B | $16.7B | $26.9B | $27B | $60.9B | $130B | $216B | |
| Cost of revenue | $2.85B | $3.89B | $4.55B | $4.15B | $6.28B | $9.44B | $11.6B | $16.6B | $32.6B | $62.5B | |
| Gross profit | $4.06B | $5.82B | $7.17B | $6.77B | $10.4B | $17.5B | $15.4B | $44.3B | $97.9B | $153B | |
| Research & development | $1.46B | $1.8B | $2.38B | $2.83B | $3.92B | $5.27B | $7.34B | $8.68B | $12.9B | $18.5B | |
| Other operating expenses | $3M | $0 | $0 | $0 | $0 | $0 | $1.35B | $0 | $0 | $0 | |
| Operating expenses | $2.13B | $2.61B | $3.37B | $3.92B | $5.86B | $7.43B | $11.1B | $11.3B | $16.4B | $23.1B | |
| Operating income | $1.93B | $3.21B | $3.8B | $2.85B | $4.53B | $10B | $4.22B | $33B | $81.5B | $130B | |
| Interest income | $54M | $69M | $136M | $178M | $57M | $29M | $267M | $866M | $1.79B | $2.3B | |
| Interest expense | $58M | $61M | $58M | $52M | $184M | $236M | $262M | $257M | $247M | $259M | |
| Other non-operating income (gains on investments, FX ...) | -$29M | -$47M | -$150M | -$176M | -$61M | -$136M | -$219M | -$1.1B | -$2.82B | -$11.3B | |
| Total non-operating income | -$29M | -$14M | $92M | $124M | -$123M | -$100M | -$43M | $846M | $2.57B | $11.1B | |
| Income before tax | $1.91B | $3.2B | $3.9B | $2.97B | $4.41B | $9.94B | $4.18B | $33.8B | $84B | $141B | |
| Income tax | $239M | $149M | -$245M | $174M | $77M | $189M | -$187M | $4.06B | $11.1B | $21.4B | |
| Net income | $1.67B | $3.05B | $4.14B | $2.8B | $4.33B | $9.75B | $4.37B | $29.8B | $72.9B | $120B | |
| EPS (basic) | $0.08 | $0.13 | $0.17 | $0.12 | $0.18 | $0.39 | $0.18 | $1.21 | $2.97 | $4.93 | |
| EPS (diluted) | $0.06 | $0.12 | $0.17 | $0.11 | $0.17 | $0.38 | $0.17 | $1.19 | $2.94 | $4.90 | |
| Shares (basic, weighted) | 21.6B | 24B | 24.3B | 24.4B | 24.7B | 25B | 24.9B | 24.7B | 24.6B | 24.4B | |
| Shares (diluted, weighted) | 26B | 25.3B | 25B | 24.7B | 25.1B | 25.4B | 25.1B | 24.9B | 24.8B | 24.5B | |
| Depreciation & amortization | $187M | $199M | $262M | $381M | $1.1B | $1.17B | $1.54B | $1.51B | $1.86B | $2.84B | |
| EBITDA | $2.15B | $3.46B | $4.22B | $3.4B | $5.69B | $11.4B | $5.99B | $35.6B | $86.1B | $145B |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
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