NVDA Financials NVIDIA

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 20 d ago 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2026	$215.9B	$120.1B	71.1%	60.4%	76.3%	58.1%	$96.7B	$8.5B	$10.6B
2025	$130.5B	$72.9B	75.0%	62.4%	91.9%	65.3%	$60.9B	$8.5B	$8.6B
2024	$60.9B	$29.8B	72.7%	54.1%	69.2%	45.3%	$27.0B	$9.7B	$7.3B
2023	$27.0B	$4.4B	56.9%	15.7%	19.8%	10.6%	$3.8B	$11.0B	$3.4B
2022	$26.9B	$9.8B	64.9%	37.3%	36.6%	22.1%	$8.1B	$10.9B	$2.0B
2021	$16.7B	$4.3B	62.3%	27.2%	25.6%	15.0%	—	$7.0B	$847M
2020	$10.9B	$2.8B	62.0%	26.1%	22.9%	16.1%	—	$2.0B	$10.9B
2019	—	$4.1B	—	—	44.3%	31.2%	—	$2.0B	$782M
2018	$9.7B	$3.0B	59.9%	33.0%	40.8%	27.1%	—	$2.0B	$4.0B
2017	$6.9B	$1.7B	58.8%	28.0%	28.9%	16.9%	—	$2.0B	$1.8B
2016	$5.0B	$614M	56.1%	14.9%	13.7%	8.3%	—	$0	$596M
2015	$4.7B	$631M	55.5%	16.2%	14.3%	8.8%	—	$1.4B	$497M
2014	$4.1B	$440M	54.9%	12.0%	9.9%	6.1%	—	$1.4B	$1.2B
2013	$4.3B	$563M	52.0%	15.1%	11.7%	8.8%	—	$0	$733M
2012	$4.0B	$581M	51.4%	16.2%	14.0%	10.5%	—	—	$668M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jul '26	$96.2B	$59.7B	75.0%	66.2%	26.1%	18.6%	$21.4B	$33.4B	$22.4B
Apr '26	$81.6B	$58.3B	74.9%	65.6%	29.8%	22.5%	$48.6B	$8.5B	$13.2B
Jan '26	$68.1B	$43.0B	75.0%	65.0%	27.3%	20.8%	$34.9B	$8.5B	$10.6B
Oct '25	$57.0B	$31.9B	73.4%	63.2%	26.8%	19.8%	$22.1B	$8.5B	$11.5B
Jul '25	$46.7B	$26.4B	72.4%	60.8%	26.4%	18.8%	$13.5B	$8.5B	$11.6B
Apr '25	$44.1B	$18.8B	60.5%	49.1%	22.4%	15.0%	$26.2B	$8.5B	$15.2B
Jan '25	$39.3B	$22.1B	73.0%	61.1%	27.8%	19.8%	$15.6B	$8.5B	$8.6B
Oct '24	$35.1B	$19.3B	74.6%	62.3%	29.3%	20.1%	$16.8B	$8.5B	$9.1B
Jul '24	$30.0B	$16.6B	75.1%	62.1%	28.5%	19.5%	$13.5B	$8.5B	$8.6B
Apr '24	$26.0B	$14.9B	78.4%	64.9%	30.3%	19.3%	$15.0B	$9.7B	$7.6B
Jan '24	$22.1B	$12.3B	76.0%	61.6%	28.6%	18.7%	$11.2B	$9.7B	$7.3B
Oct '23	$18.1B	$9.2B	74.0%	57.5%	27.8%	17.1%	$7.1B	$9.7B	$5.5B
Jul '23	$13.5B	$6.2B	70.1%	50.3%	22.5%	12.5%	$6.1B	$9.7B	$5.8B
Apr '23	$7.2B	$2.0B	64.6%	29.8%	8.3%	4.6%	$2.7B	$11.0B	$5.1B
Jan '23	$6.1B	$1.4B	63.3%	20.8%	6.4%	3.4%	$1.7B	$11.0B	$3.4B
Oct '22	$5.9B	$680M	53.6%	10.1%	3.2%	1.7%	—	$10.9B	$2.8B
Jul '22	$6.7B	$656M	43.5%	7.4%	2.8%	1.5%	—	$10.9B	$3.0B
May '22	$8.3B	$1.6B	65.5%	22.5%	6.1%	3.6%	—	$10.9B	$3.9B
Jan '22	$7.6B	$3.0B	65.4%	38.9%	11.3%	6.8%	—	$10.9B	$2.0B
Oct '21	$7.1B	$2.5B	65.2%	37.6%	10.4%	6.1%	$1.3B	$10.9B	$1.3B

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 153.2× (Mar '23) to 46.1× (Sep '26).
The price-to-sales ratio has risen from 24.8× (Mar '23) to 25.6× (Sep '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 Sep '26, NVIDIA traded at a price-to-earnings ratio of about 46.1× (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.