Nvidia Corp income statement NVDA

Annual Quarterly

In fiscal 2026, which ended Jan 25, 2026, Nvidia Corp reported revenue of $215.9 billion, up 65.5% from the year before. Net income was $120.1 billion, a profit margin of 55.6%. Operating income came to $130.4 billion, an operating margin of 60.4%. Diluted earnings per share were $4.90. Over the twelve months ended Jul 26, 2026, revenue was $303.0 billion and net income was $192.9 billion. Across the 10 fiscal years shown, revenue grew from $6.9 billion in fiscal 2017 to $215.9 billion in fiscal 2026, about 46.6% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2027 Jul 26, 2026	FY 2026 Jan 25, 2026	FY 2025 Jan 26, 2025	FY 2024 Jan 28, 2024	FY 2023 Jan 29, 2023	FY 2022 Jan 30, 2022	FY 2021 Jan 31, 2021	FY 2020 Jan 26, 2020	FY 2019 Jan 27, 2019	FY 2018 Jan 28, 2018	FY 2017 Jan 29, 2017
Revenue	302,970 +83.4%	215,938 +65.5%	130,497 +114.2%	60,922 +125.9%	26,974 +0.2%	26,914 +61.4%	16,675 +52.7%	10,918 -6.8%	11,716 +20.6%	9,714 +40.6%	6,910 +37.9%
Cost of revenue	76,729 +54.0%	62,475 +91.4%	32,639 +96.4%	16,621 +43.1%	11,618 +23.1%	9,439 +50.3%	6,279 +51.3%	4,150 -8.7%	4,545 +16.8%	3,892 +36.7%	2,847 +29.5%
Gross profit	226,241 +96.0%	153,463 +56.8%	97,858 +120.9%	44,301 +188.5%	15,356 -12.1%	17,475 +68.1%	10,396 +53.6%	6,768 -5.6%	7,171 +23.2%	5,822 +43.3%	4,063 +44.5%
Research and development	23,592 +53.4%	18,497 +43.2%	12,914 +48.9%	8,675 +18.2%	7,339 +39.3%	5,268 +34.3%	3,924 +38.7%	2,829 +19.1%	2,376 +32.2%	1,797 +22.8%	1,463 +9.9%
Selling, general and administrative	5,070 +25.6%	4,579 +31.2%	3,491 +31.5%	2,654 +8.8%	2,440 +12.7%	2,166 +11.6%	1,940 +77.5%	1,093 +10.3%	991 +21.6%	815 +22.9%	663 +10.1%
Operating expenses	28,662 +47.6%	23,076 +40.7%	16,405 +44.8%	11,329	—	7,434 +26.8%	5,864 +49.5%	3,922 +16.5%	3,367 +28.9%	2,612 +22.7%	—
Operating income	197,579 +105.9%	130,387 +60.1%	81,453 +147.0%	32,972 +680.6%	4,224 -57.9%	10,041 +121.6%	4,532 +59.2%	2,846 -25.2%	3,804 +18.5%	3,210 +66.0%	1,934 +158.9%
Interest income	2,229 +6.6%	2,300 +28.8%	1,786 +106.2%	866 +224.3%	267 +820.7%	29 -49.1%	57 -68.0%	178 +30.9%	136 +97.1%	69 +27.8%	54 +38.5%
Interest expense	464 +88.6%	259 +4.9%	247	—	—	—	—	—	—	—	—
Other non-operating income (expense)	8,765 +1065.6%	9,022 +772.5%	1,034 +336.3%	237 +593.8%	-48 -144.9%	107 +2575.0%	4 +300.0%	-2 -114.3%	14 +163.6%	-22 +12.0%	-25 -725.0%
Pretax income	229,743 +128.3%	141,450 +68.3%	84,026 +148.5%	33,818 +708.8%	4,181 -57.9%	9,941 +125.5%	4,409 +48.5%	2,970 -23.8%	3,896 +21.9%	3,196 +67.8%	1,905 +156.4%
Income tax	36,863 +162.3%	21,383 +91.8%	11,146 +174.7%	4,058 +2270.1%	-187 -198.9%	189 +145.5%	77 -55.7%	174 +171.0%	-245 -264.4%	149 -37.7%	239 +85.3%
Net income	192,880 +122.7%	120,067 +64.7%	72,880 +144.9%	29,760 +581.3%	4,368 -55.2%	9,752 +125.1%	4,332 +54.9%	2,796 -32.5%	4,141 +35.9%	3,047 +82.9%	1,666 +171.3%
Basic EPS	7.95 +124.4%	4.93 +66.0%	2.97 +145.5%	1.21 +572.2%	0.18 -95.4%	3.91 +122.2%	1.76 +53.0%	1.15 -83.1%	6.81 +33.8%	5.09 +65.3%	3.08 +172.6%
Diluted EPS	7.91 +125.1%	4.90 +66.7%	2.94 +147.1%	1.19 +600.0%	0.17 -95.6%	3.85 +122.5%	1.73 +53.1%	1.13 -83.0%	6.63 +37.6%	4.82 +87.5%	2.57 +138.0%
Weighted average shares, basic	24,276 -0.7%	24,359 -0.8%	24,555 -0.5%	24,690 -0.7%	24,870 +896.4%	2,496 +1.2%	2,467 +1.1%	2,439 +301.2%	608 +1.5%	599 +10.7%	541 -0.4%
Weighted average shares, diluted	24,398 -1.0%	24,514 -1.2%	24,804 -0.5%	24,940 -0.5%	25,070 +889.0%	2,535 +1.0%	2,510 +1.5%	2,472 +295.5%	625 -1.1%	632 -2.6%	649 +14.1%
Other measures
Depreciation and amortization	3,687 +60.2%	2,843 +52.5%	1,864 +23.6%	1,508 -2.3%	1,544 +31.5%	1,174 +6.9%	1,098 +188.2%	381 +45.4%	262 +31.7%	199 +6.4%	187 -5.1%
EBITDA	201,266 +104.8%	133,230 +59.9%	83,317 +141.6%	34,480 +497.8%	5,768 -48.6%	11,215 +99.2%	5,630 +74.5%	3,227 -20.6%	4,066 +19.3%	3,409 +60.7%	2,121 +124.7%
Interest coverage	425.82x	503.42x	329.77x	—	—	—	—	—	—	—	—
Margins
Gross margin	74.67%	71.07%	74.99%	72.72%	56.93%	64.93%	62.34%	61.99%	61.21%	59.93%	58.80%
Operating margin	65.21%	60.38%	62.42%	54.12%	15.66%	37.31%	27.18%	26.07%	32.47%	33.05%	27.99%
Pretax margin	75.83%	65.50%	64.39%	55.51%	15.50%	36.94%	26.44%	27.20%	33.25%	32.90%	27.57%
Profit margin	63.66%	55.60%	55.85%	48.85%	16.19%	36.23%	25.98%	25.61%	35.34%	31.37%	24.11%
EBITDA margin	66.43%	61.70%	63.85%	56.60%	21.38%	41.67%	33.76%	29.56%	34.70%	35.09%	30.69%
Effective tax rate	16.05%	15.12%	13.26%	12.00%	-4.47%	1.90%	1.75%	5.86%	-6.29%	4.66%	12.55%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Semiconductors & Related Devices (SIC 3674)
Listed as: NVDA (Nasdaq)
Fiscal year ends: January 31
Incorporated in: DE
Headquarters: Santa Clara, CA
SEC filer status: Large accelerated filer
SEC CIK: 1045810
Former names: NVIDIA CORP/CA (until Jun 4, 2002)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.