Nvidia Corp income statement NVDA

Annual Quarterly

In Q2 of fiscal 2027, the quarter ended Jul 26, 2026, Nvidia Corp reported revenue of $96.2 billion, up 105.9% from the same quarter a year earlier. Net income was $59.7 billion, a profit margin of 62.0%. Operating income came to $63.7 billion, an operating margin of 66.2%. Diluted earnings per share were $2.46.

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

Line	TTM Jul 26, 2026	Q2 FY2027 Jul 26, 2026	Q1 FY2027 Apr 26, 2026	Q4 FY2026 Jan 25, 2026	Q3 FY2026 Oct 26, 2025	Q2 FY2026 Jul 27, 2025	Q1 FY2026 Apr 27, 2025	Q4 FY2025 Jan 26, 2025	Q3 FY2025 Oct 27, 2024
Revenue	302,970 +83.4%	96,221 +105.9%	81,615 +85.2%	68,127 +73.2%	57,006 +62.5%	46,743 +55.6%	44,062 +69.2%	39,331 +77.9%	35,082 +93.6%
Cost of revenue	76,729 +54.0%	24,079 +86.8%	20,458 +17.6%	17,034 +60.6%	15,157 +69.8%	12,890 +72.6%	17,394 +208.5%	10,608 +99.7%	8,926 +89.1%
Gross profit	226,241 +96.0%	72,142 +113.1%	61,157 +129.3%	51,093 +77.9%	41,849 +60.0%	33,853 +50.0%	26,668 +30.7%	28,723 +71.1%	26,156 +95.2%
Research and development	23,592 +53.4%	7,054 +64.4%	6,321 +58.5%	5,512 +48.4%	4,705 +38.8%	4,291 +38.9%	3,989 +46.7%	3,714 +50.7%	3,390 +47.8%
Selling, general and administrative	5,070 +25.6%	1,354 +20.7%	1,300 +24.9%	1,282 +31.5%	1,134 +26.4%	1,122 +33.3%	1,041 +34.0%	975 +36.9%	897 +30.2%
Operating expenses	28,662 +47.6%	8,408 +55.3%	7,621 +51.5%	6,794 +44.9%	5,839 +36.2%	5,413 +37.7%	5,030 +43.8%	4,689 +47.6%	4,287 +43.7%
Operating income	197,579 +105.9%	63,734 +124.1%	53,536 +147.4%	44,299 +84.3%	36,010 +64.7%	28,440 +52.6%	21,638 +28.0%	24,034 +76.5%	21,869 +109.9%
Interest income	2,229 +6.6%	496 -16.2%	540 +4.9%	568 +11.2%	624 +32.2%	592 +33.3%	515 +43.5%	511 +73.8%	472 +101.7%
Interest expense	464 +88.6%	227 +266.1%	102 +61.9%	73 +19.7%	61 +0.0%	62 +1.6%	63	61	61
Gain (loss) on investments	30,552 +976.2%	7,771 +245.8%	15,936 +9206.3%	5,492 +654.4%	1,353 +3460.5%	2,247 +1052.3%	-175 -353.6%	728 +177.9%	38 +155.1%
Other non-operating income (expense)	8,765 +1065.6%	-267 -2327.3%	15,929 +8949.4%	5,604 +664.5%	1,363 +3686.1%	-11 -105.8%	-180 -340.0%	733 +180.8%	36 +154.5%
Pretax income	229,743 +128.3%	71,507 +129.1%	69,903 +219.0%	50,398 +99.9%	37,936 +70.0%	31,206 +62.4%	21,910 +26.8%	25,217 +78.8%	22,316 +112.1%
Income tax	36,863 +162.3%	11,819 +147.1%	11,582 +269.4%	7,438 +137.9%	6,026 +100.4%	4,784 +82.9%	3,135 +30.7%	3,126 +71.7%	3,007 +135.1%
Net income	192,880 +122.7%	59,688 +125.9%	58,321 +210.6%	42,960 +94.5%	31,910 +65.3%	26,422 +59.2%	18,775 +26.2%	22,091 +79.8%	19,309 +108.9%
Basic EPS	7.95 +124.4%	2.47 +128.7%	2.40 +211.7%	1.77 +96.0%	1.31 +65.8%	1.08 +58.8%	0.77 +28.3%	0.90 +81.1%	0.79 +113.5%
Diluted EPS	7.91 +125.1%	2.46 +127.8%	2.39 +214.5%	1.76 +96.7%	1.30 +66.7%	1.08 +61.2%	0.76 +26.7%	0.89 +81.5%	0.78 +110.8%
Weighted average shares, basic	24,276 -0.7%	24,190 -0.7%	24,286 -0.6%	24,302 -0.8%	24,327 -0.8%	24,366 -0.9%	24,441 -0.7%	24,489 -0.7%	24,533 -0.6%
Weighted average shares, diluted	24,398 -1.0%	24,285 -1.0%	24,391 -0.9%	24,430 -1.1%	24,483 -1.2%	24,532 -1.3%	24,611 -1.1%	24,705 -0.9%	24,774 -0.7%
Other measures
Depreciation and amortization	3,687 +60.2%	1,127 +68.5%	997 +63.2%	812 +49.5%	751 +57.1%	669 +54.5%	611 +49.0%	543 +40.3%	478 +28.5%
EBITDA	201,266 +104.8%	64,861 +122.8%	54,533 +145.1%	45,111 +83.5%	36,761 +64.5%	29,109 +52.6%	22,249 +28.5%	24,577 +75.5%	22,347 +107.1%
Interest coverage	425.82x	280.77x	524.86x	606.84x	590.33x	458.71x	343.46x	394.00x	358.51x
Margins
Gross margin	74.67%	74.98%	74.93%	75.00%	73.41%	72.42%	60.52%	73.03%	74.56%
Operating margin	65.21%	66.24%	65.60%	65.02%	63.17%	60.84%	49.11%	61.11%	62.34%
Pretax margin	75.83%	74.32%	85.65%	73.98%	66.55%	66.76%	49.73%	64.11%	63.61%
Profit margin	63.66%	62.03%	71.46%	63.06%	55.98%	56.53%	42.61%	56.17%	55.04%
EBITDA margin	66.43%	67.41%	66.82%	66.22%	64.49%	62.27%	50.49%	62.49%	63.70%
Effective tax rate	16.05%	16.53%	16.57%	14.76%	15.88%	15.33%	14.31%	12.40%	13.47%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.