Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of NVIDIA.
Income Statement
| Breakdown | January 28, 2024 | January 29, 2023 | January 30, 2022 | January 31, 2021 | January 26, 2020 | January 27, 2019 | January 28, 2018 | January 29, 2017 | January 31, 2016 | January 25, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.92B | $26.97B | $26.91B | $16.68B | $10.92B | $11.72B | $9.71B | $6.91B | $5.01B | $4.68B |
| Cost of Revenue | $16.62B | $11.62B | $9.44B | $6.28B | $4.15B | $4.54B | $3.89B | $2.85B | $2.20B | $2.08B |
| Gross Profit | $44.30B | $15.36B | $17.48B | $10.40B | $6.77B | $7.17B | $5.82B | $4.06B | $2.81B | $2.60B |
| Gross Profit Ratio | 72.72% | 56.93% | 64.93% | 62.34% | 61.99% | 61.21% | 59.93% | 58.80% | 56.11% | 55.53% |
| Research and Development Expenses | $8.68B | $7.34B | $5.27B | $3.92B | $2.83B | $2.38B | $1.80B | $1.46B | $1.33B | $1.36B |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $459.76M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $21.00M |
| Selling General and Administrative Expenses | $2.65B | $2.44B | $2.17B | $1.94B | $1.09B | $991.00M | $815.00M | $663.00M | $602.00M | $480.76M |
| Other Expenses | $237.00M | $-48.00M | $107.00M | $4.00M | $-2.00M | $14.00M | $-22.00M | $-25.00M | $4.00M | $13.89M |
| Operating Expenses | $11.33B | $9.78B | $7.43B | $5.86B | $3.92B | $3.37B | $2.61B | $2.13B | $1.93B | $1.84B |
| Cost and Expenses | $27.95B | $21.40B | $16.87B | $12.14B | $8.07B | $7.91B | $6.50B | $4.97B | $4.13B | $3.92B |
| Interest Income | $866.00M | $267.00M | $29.00M | $57.00M | $178.00M | $136.00M | $69.00M | $54.00M | $39.00M | $28.09M |
| Interest Expense | $257.00M | $262.00M | $236.00M | $184.00M | $52.00M | $58.00M | $61.00M | $58.00M | $47.00M | $46.13M |
| Depreciation and Amortization | $1.51B | $1.54B | $1.17B | $1.10B | $381.00M | $262.00M | $199.00M | $187.00M | $197.00M | $220.12M |
| EBITDA | $35.58B | $7.34B | $11.35B | $5.69B | $3.40B | $3.95B | $3.26B | $1.97B | $921.00M | $800.97M |
| EBITDA Ratio | 58.41% | 27.21% | 42.18% | 34.13% | 31.17% | 33.75% | 33.53% | 28.45% | 18.38% | 17.11% |
| Operating Income | $32.97B | $4.22B | $10.04B | $4.53B | $2.85B | $3.80B | $3.21B | $1.93B | $747.00M | $758.99M |
| Operating Income Ratio | 54.12% | 15.66% | 37.31% | 27.18% | 26.07% | 32.47% | 33.05% | 27.99% | 14.91% | 16.21% |
| Total Other Income Expenses Net | $237.00M | $-1.40B | $-100.00M | $-123.00M | $124.00M | $14.00M | $-22.00M | $-28.00M | $-127.00M | $13.89M |
| Income Before Tax | $33.82B | $4.18B | $9.94B | $4.41B | $2.97B | $3.90B | $3.20B | $1.91B | $743.00M | $754.84M |
| Income Before Tax Ratio | 55.51% | 15.50% | 36.94% | 26.44% | 27.20% | 33.25% | 32.90% | 27.57% | 14.83% | 16.12% |
| Income Tax Expense | $4.06B | $-187.00M | $189.00M | $77.00M | $174.00M | $-245.00M | $149.00M | $239.00M | $129.00M | $124.25M |
| Net Income | $29.76B | $4.37B | $9.75B | $4.33B | $2.80B | $4.14B | $3.05B | $1.67B | $614.00M | $630.59M |
| Net Income Ratio | 48.85% | 16.19% | 36.23% | 25.98% | 25.61% | 35.34% | 31.37% | 24.11% | 12.26% | 13.47% |
| EPS | $1.21 | $0.18 | $0.39 | $0.18 | $0.12 | $0.17 | $0.13 | $0.08 | $0.03 | $0.03 |
| EPS Diluted | $1.19 | $0.17 | $0.39 | $0.17 | $0.11 | $0.17 | $0.12 | $0.06 | $0.03 | $0.03 |
| Weighted Average Shares Outstanding | 24.69B | 24.87B | 24.96B | 24.68B | 24.36B | 24.32B | 23.96B | 21.64B | 21.72B | 22.09B |
| Weighted Average Shares Outstanding Diluted | 24.94B | 25.07B | 25.35B | 25.12B | 24.72B | 25.00B | 25.28B | 25.96B | 22.76B | 22.52B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | January 28, 2024 | January 29, 2023 | January 30, 2022 | January 31, 2021 | January 26, 2020 | January 27, 2019 | January 28, 2018 | January 29, 2017 | January 31, 2016 | January 25, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $7.28B | $3.39B | $1.99B | $847.00M | $10.90B | $782.00M | $4.00B | $1.77B | $596.00M | $496.65M |
| Short Term Investments | $18.70B | $9.91B | $19.22B | $10.71B | $1.00M | $6.64B | $3.11B | $5.03B | $4.44B | $4.13B |
| Cash and Short Term Investments | $25.98B | $13.30B | $21.21B | $11.56B | $10.90B | $7.42B | $7.11B | $6.80B | $5.04B | $4.62B |
| Net Receivables | $10.00B | $3.83B | $4.65B | $2.43B | $1.66B | $1.42B | $1.26B | $826.00M | $505.00M | $473.64M |
| Inventory | $5.28B | $5.16B | $2.60B | $1.83B | $979.00M | $1.57B | $796.00M | $794.00M | $418.00M | $482.89M |
| Other Current Assets | $3.08B | $791.00M | $366.00M | $239.00M | $157.00M | $136.00M | $86.00M | $118.00M | $93.00M | $70.17M |
| Total Current Assets | $44.34B | $23.07B | $28.83B | $16.05B | $13.69B | $10.56B | $9.26B | $8.54B | $6.05B | $5.71B |
| Property Plant Equipment Net | $5.26B | $4.84B | $3.61B | $2.86B | $2.29B | $1.40B | $997.00M | $521.00M | $466.00M | $557.28M |
| Goodwill | $4.43B | $4.37B | $4.35B | $4.19B | $618.00M | $618.00M | $618.00M | $618.00M | $618.00M | $618.18M |
| Intangible Assets | $1.11B | $1.68B | $2.34B | $2.74B | $49.00M | $45.00M | $52.00M | $104.00M | $166.00M | $221.71M |
| Goodwill and Intangible Assets | $5.54B | $6.05B | $6.69B | $6.93B | $667.00M | $663.00M | $670.00M | $722.00M | $784.00M | $839.89M |
| Long Term Investments | $1.55B | $299.00M | $266.00M | $144.00M | $77.00M | $- | $- | $- | $- | $-63.25M |
| Tax Assets | $6.08B | $3.40B | $1.22B | $806.00M | $548.00M | $- | $- | $- | $- | $63.25M |
| Other Non-Current Assets | $2.95B | $3.52B | $3.58B | $2.00B | $41.00M | $668.00M | $319.00M | $62.00M | $67.00M | $90.90M |
| Total Non-Current Assets | $21.38B | $18.11B | $15.36B | $12.74B | $3.62B | $2.73B | $1.99B | $1.30B | $1.32B | $1.49B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $65.73B | $41.18B | $44.19B | $28.79B | $17.32B | $13.29B | $11.24B | $9.84B | $7.37B | $7.20B |
| Account Payables | $2.70B | $1.19B | $1.78B | $1.20B | $687.00M | $511.00M | $596.00M | $485.00M | $296.00M | $293.22M |
| Short Term Debt | $1.48B | $1.25B | $144.00M | $999.00M | $91.00M | $91.00M | $15.00M | $827.00M | $1.50B | $142.07M |
| Tax Payables | $296.00M | $467.00M | $132.00M | $61.00M | $61.00M | $91.00M | $33.00M | $4.00M | $2.00M | $2.81M |
| Deferred Revenue | $764.00M | $354.00M | $300.00M | $288.00M | $141.00M | $92.00M | $53.00M | $85.00M | $322.00M | $292.74M |
| Other Current Liabilities | $5.69B | $3.77B | $2.11B | $1.44B | $865.00M | $635.00M | $489.00M | $422.00M | $320.00M | $168.00M |
| Total Current Liabilities | $10.63B | $6.56B | $4.33B | $3.92B | $1.78B | $1.33B | $1.15B | $1.82B | $2.44B | $896.03M |
| Long Term Debt | $8.46B | $10.61B | $11.69B | $6.60B | $2.55B | $1.99B | $1.99B | $1.99B | $10.00M | $1.40B |
| Deferred Revenue Non-Current | $573.00M | $218.00M | $202.00M | $163.00M | $60.00M | $46.00M | $15.00M | $4.00M | $44.00M | $107.84M |
| Deferred Tax Liabilities Non-Current | $462.00M | $247.00M | $245.00M | $241.00M | $29.00M | $19.00M | $18.00M | $141.00M | $301.00M | $232.31M |
| Other Non-Current Liabilities | $2.62B | $1.45B | $1.11B | $971.00M | $686.00M | $568.00M | $599.00M | $126.00M | $108.00M | $148.78M |
| Total Non-Current Liabilities | $12.12B | $12.52B | $13.24B | $7.97B | $3.33B | $2.62B | $2.62B | $2.26B | $463.00M | $1.89B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $22.75B | $19.08B | $17.57B | $11.90B | $5.11B | $3.95B | $3.77B | $4.08B | $2.90B | $2.78B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $2.00M | $2.00M | $3.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $754.00K |
| Retained Earnings | $29.82B | $10.17B | $16.23B | $18.91B | $14.97B | $12.56B | $8.79B | $6.11B | $4.35B | $3.95B |
| Accumulated Other Comprehensive Income Loss | $27.00M | $-43.00M | $-11.00M | $19.00M | $1.00M | $-12.00M | $-18.00M | $-16.00M | $-4.00M | $7.84M |
| Other Total Stockholders Equity | $13.13B | $11.97B | $10.38B | $-2.04B | $-2.77B | $-3.21B | $-1.30B | $-331.00M | $122.00M | $460.51M |
| Total Stockholders Equity | $42.98B | $22.10B | $26.61B | $16.89B | $12.20B | $9.34B | $7.47B | $5.76B | $4.47B | $4.42B |
| Total Equity | $42.98B | $22.10B | $26.61B | $16.89B | $12.20B | $9.34B | $7.47B | $5.76B | $4.47B | $4.42B |
| Total Liabilities and Stockholders Equity | $65.73B | $41.18B | $44.19B | $28.79B | $17.32B | $13.29B | $11.24B | $9.84B | $7.37B | $7.20B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $65.73B | $41.18B | $44.19B | $28.79B | $17.32B | $13.29B | $11.24B | $9.84B | $7.37B | $7.20B |
| Total Investments | $20.25B | $10.21B | $19.48B | $10.86B | $1.00M | $6.64B | $3.11B | $5.03B | $4.44B | $4.13B |
| Total Debt | $11.06B | $11.86B | $11.69B | $7.60B | $2.55B | $1.99B | $2.00B | $2.82B | $1.51B | $1.40B |
| Net Debt | $3.78B | $8.47B | $9.70B | $6.75B | $-8.34B | $1.21B | $-2.00B | $1.05B | $914.00M | $901.77M |
Cash Flow Statement
| Breakdown | January 28, 2024 | January 29, 2023 | January 30, 2022 | January 31, 2021 | January 26, 2020 | January 27, 2019 | January 28, 2018 | January 29, 2017 | January 31, 2016 | January 25, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $29.76B | $4.37B | $9.75B | $4.33B | $2.80B | $4.14B | $3.05B | $1.67B | $614.00M | $630.59M |
| Depreciation and Amortization | $1.51B | $1.54B | $1.17B | $1.10B | $381.00M | $262.00M | $199.00M | $187.00M | $197.00M | $220.12M |
| Deferred Income Tax | $-2.49B | $-2.16B | $-406.00M | $-282.00M | $18.00M | $-315.00M | $-359.00M | $197.00M | $134.00M | $82.57M |
| Stock Based Compensation | $3.55B | $2.71B | $2.00B | $1.40B | $844.00M | $557.00M | $391.00M | $247.00M | $204.00M | $157.84M |
| Change in Working Capital | $-3.72B | $-2.21B | $-3.36B | $-703.00M | $717.00M | $-857.00M | $185.00M | $-679.00M | $-51.00M | $-202.53M |
| Accounts Receivables | $-6.17B | $822.00M | $-2.21B | $-550.00M | $-233.00M | $-149.00M | $-440.00M | $-321.00M | $-32.00M | $-49.32M |
| Inventory | $-98.00M | $-2.55B | $-774.00M | $-524.00M | $597.00M | $-776.00M | $-375.00M | $-375.00M | $66.00M | $-94.98M |
| Accounts Payables | $1.53B | $-551.00M | $568.00M | $363.00M | $194.00M | $-135.00M | $90.00M | $184.00M | $-11.00M | $-26.89M |
| Other Working Capital | $1.02B | $76.00M | $-942.00M | $8.00M | $159.00M | $203.00M | $910.00M | $-167.00M | $-74.00M | $-31.32M |
| Other Non Cash Items | $-516.00M | $1.39B | $-53.00M | $-20.00M | $5.00M | $-45.00M | $39.00M | $54.00M | $77.00M | $17.06M |
| Net Cash Provided by Operating Activities | $28.09B | $5.64B | $9.11B | $5.82B | $4.76B | $3.74B | $3.50B | $1.67B | $1.18B | $905.66M |
| Investments in Property Plant and Equipment | $-1.07B | $-1.83B | $-976.00M | $-1.13B | $-489.00M | $-600.00M | $-593.00M | $-176.00M | $-86.00M | $-122.38M |
| Acquisitions Net | $-83.00M | $-49.00M | $-263.00M | $-8.52B | $9.00M | $36.00M | $2.00M | $7.00M | $7.00M | $20.86M |
| Purchases of Investments | $-18.21B | $-11.97B | $-24.81B | $-19.34B | $-1.48B | $-11.16B | $-72.00M | $-3.13B | $-3.48B | $-2.86B |
| Sales Maturities of Investments | $9.78B | $21.23B | $16.22B | $9.32B | $8.11B | $7.66B | $1.94B | $2.52B | $3.14B | $2.24B |
| Other Investing Activities | $-985.00M | $-77.00M | $-24.00M | $-34.00M | $-9.00M | $-36.00M | $2.00M | $-5.00M | $18.00M | $-500.00K |
| Net Cash Used for Investing Activities | $-10.57B | $7.38B | $-9.83B | $-19.68B | $6.14B | $-4.10B | $1.28B | $-793.00M | $-400.00M | $-727.05M |
| Debt Repayment | $-1.25B | $-355.00M | $-1.00B | $-4.97B | $-149.00M | $-16.00M | $-812.00M | $-673.00M | $-3.00M | $-2.92M |
| Common Stock Issued | $403.00M | $355.00M | $281.00M | $194.00M | $149.00M | $137.00M | $139.00M | $1.98B | $154.00M | $59.10M |
| Common Stock Repurchased | $-9.53B | $-10.04B | $-1.90B | $-942.00M | $-1.58B | $-1.58B | $-1.52B | $-739.00M | $-587.00M | $-813.60M |
| Dividends Paid | $-395.00M | $-398.00M | $-399.00M | $-395.00M | $-390.00M | $-371.00M | $-341.00M | $-261.00M | $-213.00M | $-186.45M |
| Other Financing Activities | $-2.86B | $-1.18B | $4.89B | $9.91B | $1.18B | $-1.04B | $130.00M | $-15.00M | $-27.00M | $110.33M |
| Net Cash Used Provided by Financing Activities | $-13.63B | $-11.62B | $1.86B | $3.80B | $-792.00M | $-2.87B | $-2.54B | $291.00M | $-676.00M | $-833.54M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $3.89B | $1.40B | $1.14B | $-10.05B | $10.11B | $-3.22B | $2.24B | $1.17B | $99.00M | $-654.93M |
| Cash at End of Period | $7.28B | $3.39B | $1.99B | $847.00M | $10.90B | $782.00M | $4.00B | $1.77B | $596.00M | $496.65M |
| Cash at Beginning of Period | $3.39B | $1.99B | $847.00M | $10.90B | $782.00M | $4.00B | $1.77B | $596.00M | $497.00M | $1.15B |
| Operating Cash Flow | $28.09B | $5.64B | $9.11B | $5.82B | $4.76B | $3.74B | $3.50B | $1.67B | $1.18B | $905.66M |
| Capital Expenditure | $-1.07B | $-1.83B | $-976.00M | $-1.13B | $-489.00M | $-600.00M | $-593.00M | $-176.00M | $-86.00M | $-122.38M |
| Free Cash Flow | $27.02B | $3.81B | $8.13B | $4.69B | $4.27B | $3.14B | $2.91B | $1.50B | $1.09B | $783.27M |