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NvidiaNVDA

AI Silicon

The company selling the shovels. Allocation of its accelerators, not fabrication, now decides who ships a model — and its resale price is a leading indicator.

Financials

As reported, restated where the company has since revised a figure.

In US dollars

Quarterly income statement, newest period first
Breakdown7/26/20264/26/20261/25/202610/26/20257/27/2025
Total Revenue$96.22B$81.61B$68.13B$57.01B$46.74B
Cost of Revenue$24.08B$20.46B$17.03B$15.16B$12.89B
Gross Profit$72.14B$61.16B$51.09B$41.85B$33.85B
Operating Expense$8.41B$7.62B$6.79B$5.84B$5.41B
Research & Development$7.05B$6.32B$5.51B$4.71B$4.29B
Selling, General & Administrative$1.35B$1.30B$1.28B$1.13B$1.12B
Operating Income$63.73B$53.54B$44.30B$36.01B$28.44B
Interest Expense$227.0M$102.0M$73.0M$61.0M$62.0M
Pretax Income$71.51B$69.90B$50.40B$37.94B$31.21B
Tax Provision$11.82B$11.58B$7.44B$6.03B$4.78B
Net Income$59.69B$58.32B$42.96B$31.91B$26.42B
Net Income to Common Stockholders$59.69B$58.32B$42.96B$31.91B$26.42B
Basic EPS$2.47$2.40$1.77$1.31$1.08
Diluted EPS$2.46$2.39$1.76$1.30$1.08
Basic Average Shares24.19B24.29B24.30B24.33B24.37B
Diluted Average Shares24.29B24.39B24.43B24.48B24.53B
EBIT$71.73B$70.00B$50.47B$38.00B$31.27B
EBITDA$72.86B$71.00B$51.28B$38.75B$31.94B
Stock-Based Compensation$2.03B$1.93B$1.63B$1.65B$1.63B

5 periods · latest filed Jul 26, 2026

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