NVDA financial statements

The full income statement, balance sheet, and cash-flow statement for NVIDIA Corporation (NVDA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-04 24.60B2024-07 24.53B2024-10 24.49B2025-01 24.40B2025-04 24.40B2025-07 24.30B2025-10 24.30B2026-01 24.30B2026-04 24.20B-1.6% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofJan 25 ’26	as ofJan 26 ’25	as ofJan 28 ’24	as ofJan 29 ’23	as ofJan 30 ’22	as ofJan 31 ’21
Revenue	216B YoY+65.5%	130B YoY+114.2%	60.9B YoY+125.9%	27.0B YoY+0.2%	26.9B YoY+61.4%	16.7B YoY+52.7%
	153B YoY+56.8%	97.9B YoY+120.9%	44.3B YoY+188.5%	15.4B YoY-12.1%	17.5B YoY+68.1%	10.4B YoY+53.6%
Cost of revenue	62.5B YoY+91.4%	32.6B YoY+96.4%	16.6B YoY+43.1%	11.6B YoY+23.1%	9.44B YoY+50.3%	6.28B YoY+51.3%
	23.1B YoY+40.7%	16.4B YoY+44.8%	11.3B YoY+1.8%	11.1B YoY+49.7%	7.43B YoY+26.8%	5.86B YoY+49.5%
Research & development	18.5B YoY+43.2%	12.9B YoY+48.9%	8.68B YoY+18.2%	7.34B YoY+39.3%	5.27B YoY+34.3%	3.92B YoY+38.7%
Selling, general & administrative	4.58B YoY+31.2%	3.49B YoY+31.5%	2.65B YoY+8.8%	2.44B YoY+12.7%	2.17B YoY+11.6%	1.94B YoY+77.5%
Amortization of intangibles	488M YoY-17.7%	593M YoY-3.4%	614M YoY-12.2%	699M YoY+24.2%	563M YoY-8.0%	612M YoY+2348.0%
Operating income	130B YoY+60.1%	81.5B YoY+147.0%	33.0B YoY+680.6%	4.22B YoY-57.9%	10.0B YoY+121.6%	4.53B YoY+59.2%
Interest expense	259M YoY+4.9%	247M YoY-3.9%	257M YoY-1.9%	262M YoY+11.0%	236M YoY+28.3%	184M YoY+253.8%
Interest & investment income	2.30B YoY+28.8%	1.79B YoY+106.2%	866M YoY+224.3%	267M YoY+820.7%	29.0M YoY-49.1%	57.0M YoY-68.0%
Other non-operating income	9.02B YoY+772.5%	1.03B YoY+336.3%	237M YoY+593.8%	-48.0M YoY-144.9%	107M YoY+2575.0%	4.00M YoY+300.0%
Pre-tax income	141B YoY+68.3%	84.0B YoY+148.5%	33.8B YoY+708.8%	4.18B YoY-57.9%	9.94B YoY+125.5%	4.41B YoY+48.5%
Income tax	21.4B YoY+91.8%	11.1B YoY+174.7%	4.06B YoY+2270.1%	-187M YoY-198.9%	189M YoY+145.5%	77.0M YoY-55.7%
Net income	120B YoY+64.7%	72.9B YoY+144.9%	29.8B YoY+581.3%	4.37B YoY-55.2%	9.75B YoY+125.1%	4.33B YoY+54.9%
	$4.90 YoY+66.7%	$2.94 YoY+147.1%	$1.19 YoY+600.0%	$0.17 YoY-55.8%	$0.39 YoY+122.5%	$0.17 YoY+53.1%
EPS (basic)	$4.93 YoY+66.0%	$2.97 YoY+145.5%	$1.21 YoY+572.2%	$0.18 YoY-54.0%	$0.39 YoY+122.2%	$0.18 YoY+53.0%
	24.4B YoY-0.8%	24.6B YoY-0.5%	24.7B YoY-0.7%	24.9B YoY-0.4%	25.0B YoY+1.2%	24.7B YoY+1.1%
	24.5B YoY-1.2%	24.8B YoY-0.5%	24.9B YoY-0.5%	25.1B YoY-1.1%	25.4B YoY+1.0%	25.1B YoY+1.5%
Dividends per share	$0.04 YoY+17.6%	$0.03 YoY+112.5%	$0.02 YoY+0.0%	$0.02 YoY+0.0%	$0.02 YoY+0.0%	$0.02 YoY+0.0%
Balance Sheet	as ofJan 25 ’26	as ofJan 26 ’25	as ofJan 28 ’24	as ofJan 29 ’23	as ofJan 30 ’22	as ofJan 31 ’21
	126B YoY+56.8%	80.1B YoY+80.7%	44.3B YoY+92.2%	23.1B YoY-20.0%	28.8B YoY+79.6%	16.1B YoY+17.3%
Cash & equivalents	10.6B YoY+23.5%	8.59B YoY+18.0%	7.28B YoY+114.8%	3.39B YoY+70.3%	1.99B YoY+134.9%	847M YoY-92.2%
Short-term investments	—	34.6B YoY+85.1%	18.7B YoY+88.8%	9.91B YoY-48.4%	19.2B YoY+79.4%	10.7B
Accounts receivable	38.5B YoY+66.8%	23.1B YoY+130.7%	10.00B YoY+161.3%	3.83B YoY-17.7%	4.65B YoY+91.4%	2.43B YoY+46.6%
Inventory	21.4B YoY+112.3%	10.1B YoY+90.8%	5.28B YoY+2.4%	5.16B YoY+98.0%	2.60B YoY+42.7%	1.83B YoY+86.5%
Prepaid expenses	3.18B YoY-15.7%	3.77B YoY+22.4%	3.08B YoY+289.4%	791M YoY+116.1%	366M YoY+53.1%	239M YoY+52.2%
Other current assets	—	—	—	—	—	97.0M
	207B YoY+85.3%	112B YoY+69.8%	65.7B YoY+59.6%	41.2B YoY-6.8%	44.2B YoY+53.5%	28.8B YoY+66.3%
Property, plant & equipment	10.4B YoY+65.3%	6.28B YoY+60.5%	3.91B YoY+2.8%	3.81B YoY+37.0%	2.78B YoY+29.3%	2.15B YoY+28.4%
Operating lease right-of-use	2.87B YoY+59.9%	1.79B YoY+33.2%	1.35B YoY+29.7%	1.04B YoY+25.2%	829M YoY+17.3%	707M YoY+14.4%
Goodwill	20.8B YoY+301.5%	5.19B YoY+17.1%	4.43B YoY+1.3%	4.37B YoY+0.5%	4.35B YoY+3.7%	4.19B YoY+578.5%
Intangible assets	3.31B YoY+309.7%	807M YoY-27.4%	1.11B YoY-33.7%	1.68B YoY-28.3%	2.34B YoY-14.5%	2.74B YoY+5485.7%
Deferred tax assets	13.3B YoY+20.8%	11.0B YoY+80.5%	6.08B YoY+79.1%	3.40B YoY+177.9%	1.22B YoY+51.6%	806M YoY+47.1%
Other non-current assets	8.30B YoY+173.2%	3.04B YoY-32.5%	4.50B YoY+17.8%	3.82B YoY-0.5%	3.84B YoY+79.2%	2.14B YoY+1716.9%
	32.2B YoY+78.2%	18.0B YoY+69.8%	10.6B YoY+62.0%	6.56B YoY+51.4%	4.33B YoY+10.4%	3.92B YoY+120.0%
Accounts payable	9.81B YoY+55.5%	6.31B YoY+133.8%	2.70B YoY+126.2%	1.19B YoY-33.1%	1.78B YoY+55.2%	1.15B YoY+67.2%
Accrued liabilities	21.4B YoY+81.9%	11.7B YoY+75.7%	6.68B YoY+62.2%	4.12B YoY+61.4%	2.55B YoY+43.6%	1.78B YoY+62.0%
Deferred revenue	1.38B YoY+64.8%	837M YoY+9.6%	764M YoY+115.8%	354M YoY+18.0%	300M YoY+4.2%	288M YoY+104.3%
Short-term & current debt	999M	0.00 YoY-100.0%	1.25B YoY+0.0%	1.25B	0.00 YoY-100.0%	999M
Current lease liability	372M YoY+29.2%	288M YoY+26.3%	228M YoY+29.5%	176M YoY+22.2%	144M YoY+19.0%	121M YoY+33.0%
	49.5B YoY+53.4%	32.3B YoY+41.9%	22.8B YoY+19.2%	19.1B YoY+8.6%	17.6B YoY+47.7%	11.9B YoY+132.8%
Long-term debt	7.47B YoY-11.7%	8.46B YoY+0.0%	8.46B YoY-12.8%	9.70B YoY-11.4%	10.9B YoY+83.5%	5.96B YoY+199.5%
Deferred revenue (non-current)	1.19B YoY+22.2%	976M YoY+70.3%	573M YoY+162.8%	218M YoY+7.9%	202M YoY+23.9%	163M YoY+171.7%
Non-current lease liability	2.57B YoY+69.3%	1.52B YoY+35.7%	1.12B YoY+24.1%	902M YoY+21.7%	741M YoY+16.9%	634M YoY+13.0%
Operating lease liability (total)	2.94B YoY+62.9%	1.81B YoY+34.1%	1.35B YoY+25.0%	1.08B YoY+21.8%	885M YoY+17.2%	755M YoY+15.8%
Deferred tax liabilities	1.77B YoY+100.2%	886M YoY+91.8%	462M YoY+87.0%	247M YoY+0.8%	245M YoY+1.7%	241M YoY+731.0%
Other non-current liabilities	7.31B YoY+72.1%	4.25B YoY+67.1%	2.54B YoY+32.8%	1.91B YoY+23.2%	1.55B YoY+12.9%	1.38B YoY+77.4%
	157B YoY+98.3%	79.3B YoY+84.6%	43.0B YoY+94.5%	22.1B YoY-17.0%	26.6B YoY+57.5%	16.9B YoY+38.4%
Common stock	24.0M YoY+0.0%	24.0M YoY-4.0%	25.0M YoY+1150.0%	2.00M YoY-33.3%	3.00M YoY+0.0%	3.00M YoY+200.0%
Additional paid-in capital	10.1B YoY-10.0%	11.2B YoY-14.3%	13.1B YoY+9.5%	12.0B YoY+15.3%	10.4B YoY+19.1%	8.72B YoY+23.8%
Retained earnings	147B YoY+116.0%	68.0B YoY+128.2%	29.8B YoY+193.2%	10.2B YoY-37.4%	16.2B YoY-14.1%	18.9B YoY+26.3%
Treasury stock	—	—	—	—	0.00 YoY-100.0%	10.8B YoY+9.6%
Accumulated other comprehensive income	178M YoY+535.7%	28.0M YoY+3.7%	27.0M YoY+162.8%	-43.0M YoY-290.9%	-11.0M YoY-157.9%	19.0M YoY+1800.0%
Total liabilities & equity	207B YoY+85.3%	112B YoY+69.8%	65.7B YoY+59.6%	41.2B YoY-6.8%	44.2B YoY+53.5%	28.8B YoY+66.3%
	24.3B YoY-0.7%	24.5B YoY-0.7%	24.6B YoY-0.1%	24.7B YoY-1.6%	25.1B YoY-35.1%	38.6B YoY+1.0%
	24.3B YoY-0.7%	24.5B YoY-0.7%	24.6B YoY-0.1%	24.7B YoY-1.6%	25.1B YoY+1.1%	24.8B YoY+1.3%
	24.3B YoY-0.4%	24.4B YoY-2.4%	25.0B YoY+1.2%	24.7B YoY-1.6%	25.1B YoY+1.2%	24.8B YoY+1.3%
Cash Flow	as ofJan 25 ’26	as ofJan 26 ’25	as ofJan 28 ’24	as ofJan 29 ’23	as ofJan 30 ’22	as ofJan 31 ’21
	103B YoY+60.3%	64.1B YoY+128.2%	28.1B YoY+398.0%	5.64B YoY-38.1%	9.11B YoY+56.4%	5.82B YoY+22.3%
Depreciation & amortization	2.84B YoY+52.5%	1.86B YoY+23.6%	1.51B YoY-2.3%	1.54B YoY+31.5%	1.17B YoY+6.9%	1.10B YoY+188.2%
Intangible amortization	488M YoY-17.7%	593M YoY-3.4%	614M YoY-12.2%	699M YoY+24.2%	563M YoY-8.0%	612M YoY+2348.0%
Share-based compensation	6.39B YoY+34.8%	4.74B YoY+33.5%	3.55B YoY+31.0%	2.71B YoY+35.2%	2.00B YoY+43.5%	1.40B YoY+65.5%
Deferred income taxes	-1.42B YoY+68.2%	-4.48B YoY-79.9%	-2.49B YoY-15.0%	-2.16B YoY-433.0%	-406M YoY-44.0%	-282M YoY-1666.7%
Change in receivables	15.4B YoY+17.9%	13.1B YoY+111.6%	6.17B YoY+850.9%	-822M YoY-137.1%	2.21B YoY+302.7%	550M YoY+136.1%
Change in inventory	11.3B YoY+136.9%	4.78B YoY+4778.6%	98.0M YoY-96.2%	2.55B YoY+230.0%	774M YoY+47.7%	524M YoY+187.8%
Change in payables	3.10B YoY-7.8%	3.36B YoY+119.3%	1.53B YoY+377.9%	-551M YoY-197.0%	568M YoY+82.1%	312M YoY+60.8%
	-52.2B YoY-155.8%	-20.4B YoY-93.3%	-10.6B YoY-243.3%	7.38B YoY+175.0%	-9.83B YoY+50.0%	-19.7B YoY-420.2%
Capital expenditure	6.04B YoY+86.7%	3.24B YoY+202.7%	1.07B YoY-41.7%	1.83B YoY+87.8%	976M	—
Free cash flow	96.7B YoY+58.9%	60.9B YoY+125.2%	27.0B YoY+609.6%	3.81B YoY-53.2%	8.13B	—
Acquisitions	1.53B YoY+52.4%	1.01B YoY+1113.3%	83.0M YoY+69.4%	49.0M YoY-81.4%	263M YoY-96.9%	8.52B YoY+213000.0%
Sales/maturities of investments	11.2B YoY+0.3%	11.2B YoY+15.0%	9.73B YoY-49.9%	19.4B YoY+27.8%	15.2B YoY+72.9%	8.79B YoY+85.3%
Other investing activities	0.00 YoY+100.0%	-22.0M YoY-117.7%	124M	0.00 YoY-100.0%	24.0M YoY-29.4%	34.0M YoY+240.0%
	-48.5B YoY-14.4%	-42.4B YoY-210.7%	-13.6B YoY-17.4%	-11.6B YoY-722.9%	1.86B YoY-51.0%	3.80B YoY+580.3%
Long-term debt issued	0.00	0.00	0.00	0.00 YoY-100.0%	4.98B YoY+0.2%	4.97B YoY+150.9%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	40.1B YoY+18.9%	33.7B YoY+253.6%	9.53B YoY-5.0%	10.0B	0.00	0.00
Dividends paid	974M YoY+16.8%	834M YoY+111.1%	395M YoY-0.8%	398M YoY-0.3%	399M YoY+1.0%	395M YoY+1.3%
Other financing activities	-9.00M	0.00 YoY+100.0%	-1.00M YoY+50.0%	-2.00M YoY+71.4%	-7.00M YoY-75.0%	-4.00M
Net change in cash	2.02B YoY+54.0%	1.31B YoY-66.4%	3.89B YoY+178.1%	1.40B YoY+22.4%	1.14B YoY+111.4%	-10.0B YoY-199.4%
Interest paid	—	246M YoY-2.4%	252M YoY-0.8%	254M YoY+3.3%	246M YoY+78.3%	138M YoY+155.6%
Income taxes paid	20.3B YoY+34.2%	15.1B YoY+130.8%	6.55B YoY+366.5%	1.40B YoY+254.5%	396M YoY+59.0%	249M YoY+41.5%
Valuation Ratios	as ofJan 25 ’26	as ofJan 26 ’25	as ofJan 28 ’24	as ofJan 29 ’23	as ofJan 30 ’22	as ofJan 31 ’21
Market cap	4.56T YoY+30.6%	3.49T YoY+131.7%	1.51T YoY+200.9%	501B YoY-12.3%	571B YoY+77.5%	322B YoY+109.8%
P/E	46.0× YoY-17.0%	55.4× YoY-30.6%	79.8× YoY-5.1%	84.1× YoY+20.9%	69.6× YoY-17.3%	84.1× YoY+32.3%
P/S	24.4× YoY-21.0%	30.8× YoY-8.2%	33.6× YoY+91.6%	17.5× YoY-25.4%	23.5× YoY+8.1%	21.8× YoY+42.2%
P/B	38.4× YoY-27.6%	53.0× YoY+17.0%	45.3× YoY+93.1%	23.5× YoY-2.2%	24.0× YoY+14.4%	21.0× YoY+53.4%
P/FCF	59.0× YoY-4.5%	61.8× YoY-28.2%	86.1× YoY-17.0%	103.7× YoY-89.0%	947.0× YoY+77.5%	533.4× YoY+109.8%
	2.2% YoY+20.5%	1.8% YoY+44.1%	1.3% YoY+5.4%	1.2% YoY-17.3%	1.4% YoY+20.9%	1.2% YoY-24.4%
	1.7% YoY+4.7%	1.6% YoY+39.3%	1.2% YoY+20.5%	0.96% YoY+812.8%	0.11% YoY-43.7%	0.19% YoY-52.3%
	0.02% YoY-10.6%	0.02% YoY-9.1%	0.03% YoY-66.6%	0.08% YoY+12.2%	0.07% YoY-43.1%	0.12% YoY-51.8%
Source filing	10-K	10-K	10-K	10-K	10-K	10-K

About this data

Source: NVDA's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NVDA filings on SEC EDGAR → Not investment advice.