NVDA · Nasdaq · United States · Semiconductors & Related Devices

NVIDIA CORP

Santa Clara, CA · Fiscal year ends in January · Figures in USD

In shortNVIDIA CORP is profitable, generates cash and holds more cash than debt, with revenue growing (+65.5% last year).

Financial health

Strong

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability100

Operating marginShare of each sale left after running the business, before interest and tax.	60.4%	100/100
Net marginShare of each sale left as profit after every cost, interest and tax.	55.6%	100/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	101.5%	100/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	66.8%	100/100

Weight in the score: 25%

Balance sheet100

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	3.91×	100/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.05×	100/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	Net cash	100/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	503.42×	100/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	12.85	100/100

Weight in the score: 25%

Cash generation88

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	44.8%	100/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	0.81×	63/100
Years with positive free cash flow (last 5)	5 of 5	100/100

Weight in the score: 20%

Stability50
Profitable years (last 5) 5 of 5 100/100
Years of revenue decline (last 5) 0 of 5 100/100
Revenue growth volatility 49.9% 0/100
Operating margin volatility 19.6% 0/100
Weight in the score: 20%
Growth100
Revenue growth, 3-year average 100.0% 100/100
EPS growth, 3-year average 206.6% 100/100
Weight in the score: 10%

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	0 of 5	100/100
Revenue growth volatility	49.9%	0/100
Operating margin volatility	19.6%	0/100

Revenue growth, 3-year average	100.0%	100/100
EPS growth, 3-year average	206.6%	100/100

Fiscal year 2026 · change vs prior year

Revenue: $215.9B; ▲ 65.5%
Net income: $120.1B; ▲ 64.7%
Free cash flow: $96.7B; ▲ 58.9%
Operating margin: 60.4%; −2.0 pts
Cash & investments: $10.6B; –
Total debt: $8.5B; ▲ 0.1%
Diluted EPS: $4.90; ▲ 66.7%
Return on equity: 101.5%; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Revenue and net income

RevenueNet income

Margins

GrossOperatingNet

Free cash flow

Cash versus debt

Cash & investmentsTotal debt

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY22	FY23	FY24	FY25	FY26
Revenue	26,914	26,974	60,922	130,497	215,938
Cost of revenue	9,439	11,618	16,621	32,639	62,475
Gross profit	17,475	15,356	44,301	97,858	153,463
Research & development	5,268	7,339	8,675	12,914	18,497
Selling, general & admin	2,166	2,440	2,654	3,491	4,579
Operating income	10,041	4,224	32,972	81,453	130,387
Interest expense	236	262	257	247	259
Pre-tax income	9,941	4,181	33,818	84,026	141,450
Income tax	189	(187)	4,058	11,146	21,383
Net income	9,752	4,368	29,760	72,880	120,067
Diluted EPS	$3.85	$0.17	$1.19	$2.94	$4.90
Diluted shares (millions)	2,535	25,070	24,940	24,804	24,514

5 older years available with the 10-year history. Essential plan, from €8.25/month →

🔒 Export to Excel · Investor plan

Risk checks

Altman Z'' score

12.85 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

4/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: failed
Long-term debt ratio fell: passed
Current ratio improved: failed
No share dilution: passed
Gross margin improved: failed
Asset turnover improved: failed

Sources

10-QPeriod ending Jul 26, 2026Filed Aug 26, 2026Open the report ↗
10-QPeriod ending Apr 26, 2026Filed May 20, 2026Open the report ↗
10-KPeriod ending Jan 25, 2026Filed Feb 25, 2026Open the report ↗
10-QPeriod ending Oct 26, 2025Filed Nov 19, 2025Open the report ↗
10-QPeriod ending Jul 27, 2025Filed Aug 27, 2025Open the report ↗
10-QPeriod ending Apr 27, 2025Filed May 28, 2025Open the report ↗
10-KPeriod ending Jan 26, 2025Filed Feb 26, 2025Open the report ↗
10-QPeriod ending Oct 27, 2024Filed Nov 20, 2024Open the report ↗

All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works

Latest annual report: Jul 26, 2026 · Data updated Aug 26, 2026

Reading the annual reports…

First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.

Operating marginShare of each sale left after running the business, before interest and tax.

60.4%

100/100

Net marginShare of each sale left as profit after every cost, interest and tax.

55.6%

100/100

Return on equityProfit earned on the money shareholders put in. Above 15% is strong.

101.5%

100/100

Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.

66.8%

100/100

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.

3.91×

100/100

Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.

0.05×

100/100

Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.

Net cash

100/100

Interest coverageHow many times operating profit covers interest. Below 2 is risky.

503.42×

100/100

Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.

12.85

100/100

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.

44.8%

100/100

Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.

0.81×

63/100

Years with positive free cash flow (last 5)

5 of 5

100/100

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	0 of 5	100/100
Revenue growth volatility	49.9%	0/100
Operating margin volatility	19.6%	0/100

Profitable years (last 5)

5 of 5

100/100

Years of revenue decline (last 5)

0 of 5

100/100

Revenue growth volatility

49.9%

0/100

Operating margin volatility

19.6%

0/100

Revenue growth, 3-year average	100.0%	100/100
EPS growth, 3-year average	206.6%	100/100

Revenue growth, 3-year average

100.0%

100/100

EPS growth, 3-year average

206.6%

100/100

Trends

Annual figures as reported. Hover a bar or point for the exact value.

Revenue and net income

RevenueNet income

Margins

GrossOperatingNet

Free cash flow

Cash versus debt

Cash & investmentsTotal debt

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY22	FY23	FY24	FY25	FY26
Revenue	26,914	26,974	60,922	130,497	215,938
Cost of revenue	9,439	11,618	16,621	32,639	62,475
Gross profit	17,475	15,356	44,301	97,858	153,463
Research & development	5,268	7,339	8,675	12,914	18,497
Selling, general & admin	2,166	2,440	2,654	3,491	4,579
Operating income	10,041	4,224	32,972	81,453	130,387
Interest expense	236	262	257	247	259
Pre-tax income	9,941	4,181	33,818	84,026	141,450
Income tax	189	(187)	4,058	11,146	21,383
Net income	9,752	4,368	29,760	72,880	120,067
Diluted EPS	$3.85	$0.17	$1.19	$2.94	$4.90
Diluted shares (millions)	2,535	25,070	24,940	24,804	24,514

Risk checks

Altman Z'' score

12.85 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

4/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: failed
Long-term debt ratio fell: passed
Current ratio improved: failed
No share dilution: passed
Gross margin improved: failed
Asset turnover improved: failed

Sources

10-QPeriod ending Jul 26, 2026Filed Aug 26, 2026Open the report ↗
10-QPeriod ending Apr 26, 2026Filed May 20, 2026Open the report ↗
10-KPeriod ending Jan 25, 2026Filed Feb 25, 2026Open the report ↗
10-QPeriod ending Oct 26, 2025Filed Nov 19, 2025Open the report ↗
10-QPeriod ending Jul 27, 2025Filed Aug 27, 2025Open the report ↗
10-QPeriod ending Apr 27, 2025Filed May 28, 2025Open the report ↗
10-KPeriod ending Jan 26, 2025Filed Feb 26, 2025Open the report ↗
10-QPeriod ending Oct 27, 2024Filed Nov 20, 2024Open the report ↗

All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works

Latest annual report: Jul 26, 2026 · Data updated Aug 26, 2026