NVIDIA Financials

Stock price (NVDA)

Live current price plus a five-year history. Updates during US market hours (9:30 a.m. – 4:00 p.m. Eastern, Monday – Friday) via TradingView's embed widget. The June 2024 10-for-1 stock split is reflected on the chart. Visible context: the November 2022 ChatGPT-moment ramp, the FY2024 inflection, the October 2023 China-export-control gap-down, and the January 2025 DeepSeek-related drop.

Most recent NVIDIA SEC filings

The freshness frontier — the latest filing of each material form type, fetched live from EDGAR. The 10-K marked “Anchors this page” is the source of every annual value; the others are surfaced for transparency.

2 material filings have been filed since the anchor 10-K above (2 8-K). The annual financial metrics on this page (revenue, R&D, capex, cash) reflect what's been disclosed at fiscal-year-end; quarterly cuts in the 10-Qs filed since are not folded into the annual charts. The 10-K marked “Anchors this page” remains the source for the per-FY values shown.

Annual revenue

As reported on the consolidated statement of operations in each year's 10-K. NVIDIA's fiscal year ends late January (e.g. FY2026 ended January 25, 2026); chart axis labels say “FY2026” not “2026” so the calendar mismatch is unambiguous. Sourced live from SEC EDGAR XBRL (Revenues, with a RevenueFromContractWithCustomerExcludingAssessedTax fallback for FY2019).

The FY2024–FY2026 ramp visually compresses the prior decade on a linear axis. The early years (FY2008–FY2018) ranged from $3B to $10B; readers are encouraged to read the table below for legibility on those values.

Revenue by market platform

Per the 10-K disaggregation note, NVIDIA discloses revenue across five market platforms: Data Center, Gaming, Professional Visualization, Automotive, and OEM & Other. Operating-segment reporting (Compute & Networking + Graphics) groups these differently for IFRS 8 purposes; the market-platform cut is what visitors usually want and is what the chart below shows. The series starts at FY2019 because earlier years used a different platform breakdown (Tegra Processor was its own line) that is not directly comparable.

Data Center share of total revenue

The headline cut. Data Center went from 25% of FY2019 revenue to roughly 90% of FY2026 revenue.

Gross margin

Computed as GrossProfit / Revenues — both pulled live from EDGAR XBRL. The dips visible in FY2019 (crypto-crash inventory writedown) and FY2023 (broader inventory provisions) precede the FY2024–FY2026 expansion driven by Hopper / Blackwell pricing power. The FY2026 value is below the FY2025 peak because of the $4.5B Q1 FY2026 H20 charge plus the Hopper-to-Blackwell product-cycle transition described in the MD&A.

Customer concentration

NVIDIA discloses customer-concentration in its 10-K but anonymizes individual customers (a “direct customer” is an entity that buys from NVIDIA on a purchase-order basis — typically a system integrator, ODM, or hyperscaler procurement arm, not necessarily the end consumer of the GPUs). The chart below shows the disclosed percentages per FY for any individual customer that crossed the 10% threshold; FYs where no single customer crossed are blank.

Revenue by geography

In Q3 FY2026 NVIDIA changed the basis on which it reports geographic revenue from a ship-to / billing basis to a customer-headquarters basis; the FY2024–FY2026 series shown here is the FY2026 10-K's recast values on the customer-headquarters basis. The Taiwan line is structurally large because many direct customers (ODMs, AI-system integrators, hyperscaler-buy-side affiliates) are headquartered there even when their end customers are in the US or Europe. Per the 10-K footnote, NVIDIA estimated 76% of FY2026 Data Center revenue from Taiwan-headquartered customers was attributable to end customers based in the United States and Europe. The China line dropped meaningfully from FY2025 to FY2026 reflecting the tightened October 2023 export controls.

Inventory + supply commitments

The first bar segment is on-balance-sheet inventory, pulled live from EDGAR (InventoryNet). The second is the “inventory purchase and long-term supply and capacity obligations” figure NVIDIA discloses in the 10-K commitments-and-contingencies note — this is what NVIDIA has contracted to take delivery of from its foundry / packaging / memory partners but has not yet recognized on the balance sheet. The combined figure ballooned from ~$25B at FY2024 year-end to over $115B at FY2026 year-end as the Hopper / Blackwell production ramp accelerated.

R&D spending

Research & development expense per fiscal year. Sourced live from EDGAR XBRL (ResearchAndDevelopmentExpense). NVIDIA's R&D as a % of revenue has fallen from the high-20s in the FY2018–FY2020 range to single digits in FY2026 because revenue has scaled faster than the engineering organization — not because R&D is shrinking.

Stock-based compensation

SBC expense per fiscal year. Sourced live from EDGAR XBRL (ShareBasedCompensation). NVIDIA's SBC line has historically been large relative to GAAP earnings; the gap between GAAP and non-GAAP earnings is primarily this line plus acquisition-related amortization.

Capital expenditures

Capex (capitalized purchases of productive property, plant, and equipment) sourced live from EDGAR XBRL (PaymentsToAcquireProductiveAssets with a fallback to PaymentsToAcquirePropertyPlantAndEquipment for older years). NVIDIA's capex is small relative to its revenue (under 3% in FY2026) because most data-center buildout sits with NVIDIA's hyperscaler customers; the supply-side capex story for NVIDIA is primarily wafer / packaging / memory commitments, surfaced in the inventory + supply-commitments chart above.

Capital returns

Cash buybacks and cash dividends paid per fiscal year. Both pulled live from EDGAR XBRL (PaymentsForRepurchaseOfCommonStock, PaymentsOfDividends). Buybacks ramped sharply in FY2025 and FY2026 alongside the AI-revenue inflection.

Year-end headcount

Approximate end-of-fiscal-year employee count from the 10-K Human Capital Management section. EDGAR XBRL doesn't expose a standardized employee-count tag, so this series is hand-curated from the underlying filings. NVIDIA's headcount has grown but materially slower than revenue — from ~30k at FY2024 to ~42k at FY2026 alongside revenue going from $61B to $216B.

Other reported metrics

Operating income, net income, operating cash flow, and year-end cash & equivalents — sourced live from EDGAR XBRL across the same FY range as revenue.

Notable acquisitions and acquisition attempts

Selected M&A activity, including the closed Mellanox transaction (the foundation of the Networking platform inside Data Center) and the abandoned Arm transaction. Sourced from filings, press releases, and 10-K business overviews.

Key events

Founding through the latest fiscal year — IPO, CUDA, Mellanox, the Arm-acquisition arc, the November 2022 ChatGPT moment, the October 2022 / 2023 China export-control updates, the June 2024 ten-for-one stock split, and the January 2025 DeepSeek market reaction. The DeepSeek event did not show up directly in financial line items; it appears here as context for the stock-price chart.

Methodology & data sources