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
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 40.9× (Nov '26).
The price-to-sales ratio has fallen from 24.8× (Mar '23) to 22.7× (Nov '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?
NVIDIA's P/E (TTM) is 25.45 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NVDA stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 40.9× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.