NVIDIA Quarterly Income Statement
NASDAQ: NVDATechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NVIDIA revenue and earnings
In the quarter ended Jul 26, 2026, NVIDIA generated $96.22 billion in revenue, up 105.9% from the same quarter a year earlier. Net income was $59.69 billion (+125.9% year over year), for a net margin of 62.0% versus a median of 56.5% in the prior 5 quarters. Gross margin was 75.0% (up from 72.4%) and operating margin 66.2%.
Diluted earnings per share came in at $2.46, up from $1.08.
Summary generated from market data by MetaCap's automated system. Methodology
NVIDIA income statement (quarterly)
| Quarter (USD) | Q2 20272026-07-26 | Q1 20272026-04-26 | Q4 20262026-01-25 | Q3 20262025-10-26 | Q2 20262025-07-27 | Q1 20262025-04-27 | Q4 20252025-01-26 | Q3 20252024-10-27 | Q2 20252024-07-28 | Q1 20252024-04-28 | Q4 20242024-01-28 | Q3 20242023-10-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 96.22B | 81.61B | 68.13B | 57.01B | 46.74B | 44.06B | 39.33B | 35.08B | 30.04B | 26.04B | 22.10B | 18.12B |
| Revenue growth (YoY) | +105.85% | +85.23% | +73.21% | +62.49% | +55.60% | +69.18% | +77.94% | +93.61% | +122.40% | +262.12% | +265.28% | +205.51% |
| Cost of Revenue | 24.08B | 20.46B | 17.03B | 15.16B | 12.89B | 17.39B | 10.61B | 8.93B | 7.47B | 5.64B | 5.31B | 4.72B |
| Gross Profit | 72.14B | 61.16B | 51.09B | 41.85B | 33.85B | 26.67B | 28.72B | 26.16B | 22.57B | 20.41B | 16.79B | 13.40B |
| Operating Expenses | 8.41B | 7.62B | 6.79B | 5.84B | 5.41B | 5.03B | 4.69B | 4.29B | 3.93B | 3.50B | 3.18B | 2.98B |
| Research & Development | 7.05B | 6.32B | 5.51B | 4.71B | 4.29B | 3.99B | 3.71B | 3.39B | 3.09B | 2.72B | 2.46B | 2.29B |
| Selling, General & Admin | 1.35B | 1.30B | 1.28B | 1.13B | 1.12B | 1.04B | 975.00M | 897.00M | 842.00M | 777.00M | 712.00M | 689.00M |
| Operating Income | 63.73B | 53.54B | 44.30B | 36.01B | 28.44B | 21.64B | 24.03B | 21.87B | 18.64B | 16.91B | 13.61B | 10.42B |
| Interest Expense | 227.00M | 102.00M | 73.00M | 61.00M | 62.00M | 63.00M | 61.00M | 61.00M | 61.00M | 64.00M | 63.00M | 63.00M |
| Other Income (Expense) | 7.77B | 16.37B | 6.10B | 1.93B | 2.77B | 272.00M | 1.18B | 447.00M | 572.00M | 370.00M | 492.00M | 105.00M |
| Pretax Income | 71.51B | 69.90B | 50.40B | 37.94B | 31.21B | 21.91B | 25.22B | 22.32B | 19.21B | 17.28B | 14.11B | 10.52B |
| Income Tax | 11.82B | 11.58B | 7.44B | 6.03B | 4.78B | 3.13B | 3.13B | 3.01B | 2.62B | 2.40B | 1.82B | 1.28B |
| Net Income | 59.69B | 58.32B | 42.96B | 31.91B | 26.42B | 18.77B | 22.09B | 19.31B | 16.60B | 14.88B | 12.29B | 9.24B |
| Net Income growth (YoY) | +125.90% | +210.63% | +94.47% | +65.26% | +59.18% | +26.17% | +79.82% | +108.90% | +168.24% | +628.39% | +768.81% | +1259.26% |
| EPS (Basic) | 2.47 | 2.40 | 1.77 | 1.31 | 1.08 | 0.77 | 0.90 | 0.79 | 0.68 | 0.60 | -0.24 | 0.37 |
| EPS (Diluted) | 2.46 | 2.39 | 1.76 | 1.30 | 1.08 | 0.76 | 0.89 | 0.78 | 0.67 | 0.60 | -0.25 | 0.37 |
| Shares Outstanding (Basic) | 24.19B | 24.29B | — | 24.33B | 24.37B | 24.44B | — | 24.53B | 24.58B | 24.62B | — | 24.68B |
| Shares Outstanding (Diluted) | 24.29B | 24.39B | — | 24.48B | 24.53B | 24.61B | — | 24.77B | 24.85B | 24.89B | — | 24.94B |
| EBITDA | 64.86B | 54.53B | 45.11B | 36.76B | 29.11B | 22.25B | 24.58B | 22.35B | 19.07B | 17.32B | 14.00B | 10.79B |
| Gross Margin | 74.98% | 74.93% | 75.00% | 73.41% | 72.42% | 60.52% | 73.03% | 74.56% | 75.15% | 78.35% | 75.97% | 73.95% |
| Operating Margin | 66.24% | 65.60% | 65.02% | 63.17% | 60.84% | 49.11% | 61.11% | 62.34% | 62.06% | 64.92% | 61.59% | 57.49% |
| Net Margin | 62.03% | 71.46% | 63.06% | 55.98% | 56.53% | 42.61% | 56.17% | 55.04% | 55.26% | 57.14% | 55.58% | 51.01% |
This table shows 12 quarterly periods of NVIDIA's income statement, from Q2 2027 back to Q3 2024, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow NVDA's reporting calendar. What is a income statement?