15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 66.9% per year over the past 5 years.
Net income has grown faster than revenue (94.3% vs 66.9% per year).
Operating margin has expanded, at 60.4% in the latest year.
Free cash flow has grown 85.7% per year over the past 5 years.
Financial health
The company holds more cash ($10.6B) than total debt ($8.5B).
Total debt has grown slower than revenue (4.0% vs 66.9% per year).
Operating income covered interest expense 503× in the latest year.
Total debt is 0.1× EBITDA.
Shareholder returns
Dividends have been paid for 14 consecutive years, consuming 0.8% of earnings and 1.0% of free cash flow.
The dividend has grown 19.8% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$215.9B
$120.1B
71.1%
60.4%
$96.7B
$8.5B
$10.6B
2025
$130.5B
$72.9B
75.0%
62.4%
$60.9B
$8.5B
$8.6B
2024
$60.9B
$29.8B
72.7%
54.1%
$27.0B
$9.7B
$7.3B
2023
$27.0B
$4.4B
56.9%
15.7%
$3.8B
$11.0B
$3.4B
2022
$26.9B
$9.8B
64.9%
37.3%
$8.1B
$10.9B
$2.0B
2021
$16.7B
$4.3B
62.3%
27.2%
—
$7.0B
$847M
2020
$10.9B
$2.8B
62.0%
26.1%
—
$2.0B
$10.9B
2019
—
$4.1B
—
—
—
$2.0B
$782M
2018
$9.7B
$3.0B
59.9%
33.0%
—
$2.0B
$4.0B
2017
$6.9B
$1.7B
58.8%
28.0%
—
$2.0B
$1.8B
2016
$5.0B
$614M
56.1%
14.9%
—
$0
$596M
2015
$4.7B
$631M
55.5%
16.2%
—
$1.4B
$497M
2014
$4.1B
$440M
54.9%
12.0%
—
$1.4B
$1.2B
2013
$4.3B
$563M
52.0%
15.1%
—
$0
$733M
2012
$4.0B
$581M
51.4%
16.2%
—
—
$668M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$81.6B
$58.3B
74.9%
65.6%
$48.6B
$8.5B
$13.2B
Jan '26
$68.1B
$43.0B
75.0%
65.0%
$34.9B
$8.5B
$10.6B
Oct '25
$57.0B
$31.9B
73.4%
63.2%
$22.1B
$8.5B
$11.5B
Jul '25
$46.7B
$26.4B
72.4%
60.8%
$13.5B
$8.5B
$11.6B
Apr '25
$44.1B
$18.8B
60.5%
49.1%
$26.2B
$8.5B
$15.2B
Jan '25
$39.3B
$22.1B
73.0%
61.1%
$15.6B
$8.5B
$8.6B
Oct '24
$35.1B
$19.3B
74.6%
62.3%
$16.8B
$8.5B
$9.1B
Jul '24
$30.0B
$16.6B
75.1%
62.1%
$13.5B
$8.5B
$8.6B
Apr '24
$26.0B
$14.9B
78.4%
64.9%
$15.0B
$9.7B
$7.6B
Jan '24
$22.1B
$12.3B
76.0%
61.6%
$11.2B
$9.7B
$7.3B
Oct '23
$18.1B
$9.2B
74.0%
57.5%
$7.1B
$9.7B
$5.5B
Jul '23
$13.5B
$6.2B
70.1%
50.3%
$6.1B
$9.7B
$5.8B
Apr '23
$7.2B
$2.0B
64.6%
29.8%
$2.7B
$11.0B
$5.1B
Jan '23
$6.1B
$1.4B
63.3%
20.8%
$1.7B
$11.0B
$3.4B
Oct '22
$5.9B
$680M
53.6%
10.1%
—
$10.9B
$2.8B
Jul '22
$6.7B
$656M
43.5%
7.4%
—
$10.9B
$3.0B
May '22
$8.3B
$1.6B
65.5%
22.5%
—
$10.9B
$3.9B
Jan '22
$7.6B
$3.0B
65.4%
38.9%
—
$10.9B
$2.0B
Oct '21
$7.1B
$2.5B
65.2%
37.6%
$1.3B
$10.9B
$1.3B
Aug '21
$6.5B
$2.4B
64.8%
37.6%
$2.5B
$11.9B
$5.6B
Valuation over time
How the market has priced NVDA against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 153.8× (Mar '23) to 39.3× (Jun '26).
The price-to-sales ratio has fallen from 24.9× (Mar '23) to 21.8× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NVDA growing its revenue and profit?
Over the past 5 years, NVIDIA's revenue has grown 66.9% per year, and net income grown 94.3% per year. These are computed facts, not advice.
How much debt does NVDA have?
As of FY2026, NVIDIA reported $8.5B of total debt against $10.6B of cash; operating income covered interest expense 503×.
What is NVDA's profit margin?
In FY2026, gross margin was 71.1%, operating margin 60.4%, and net margin 55.6%.
What is NVDA's P/E ratio?
As of Jun '26, NVIDIA traded at a price-to-earnings ratio of about 39.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.