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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

Annual income statement, newest period first
BreakdownTTM1/25/20261/26/20251/28/20241/29/20231/30/2022
Total Revenue$302.97B$215.94B$130.50B$60.92B$26.97B$26.91B
Cost of Revenue$76.73B$62.48B$32.64B$16.62B$11.62B$9.44B
Gross Profit$226.24B$153.46B$97.86B$44.30B$15.36B$17.48B
Operating Expense$28.66B$23.08B$16.41B$11.33B$11.13B$7.43B
Research & Development$23.59B$18.50B$12.91B$8.68B$7.34B$5.27B
Selling, General & Administrative$5.07B$4.58B$3.49B$2.65B$2.44B$2.17B
Operating Income$197.58B$130.39B$81.45B$32.97B$4.22B$10.04B
Interest Expense$463.0M$259.0M$247.0M$257.0M$262.0M$236.0M
Pretax Income$229.74B$141.45B$84.03B$33.82B$4.18B$9.94B
Tax Provision$36.87B$21.38B$11.15B$4.06B−$187.0M$189.0M
Net Income$192.88B$120.07B$72.88B$29.76B$4.37B$9.75B
Net Income to Common Stockholders$192.88B$120.07B$72.88B$29.76B$4.37B$9.75B
Basic EPS$7.95$4.93$2.97$1.21$0.18$0.39
Diluted EPS$7.91$4.90$2.94$1.19$0.17$0.39
Basic Average Shares24.19B24.36B24.55B24.69B24.87B24.96B
Diluted Average Shares24.29B24.51B24.80B24.94B25.07B25.35B
EBIT$230.21B$141.71B$84.27B$34.08B$4.44B$10.18B
EBITDA$233.89B$144.55B$86.14B$35.58B$5.99B$11.35B
Stock-Based Compensation$7.24B$6.39B$4.74B$3.55B$2.71B$2.00B

5 periods and the trailing twelve months · latest filed Jan 25, 2026

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