NVIDIA Corp (NVDA) stock
NVDANasdaqSemiconductors & Related DevicesFiscal year ends January 31
Financials through Q2 FY2027, quarter ended Jul 26, 2026Last filing: 10-Q on Aug 26, 2026Score 26/3043% below fair value
$166.19−7.54 (-4.34%)
Close on Nov 12, 2026Market cap $4.01TP/E 21.0Yield 0.02%
Nvidia gross margin
Gross margin is gross profit as a percentage of revenue.
Nvidia's gross margin for the twelve months ending Jul 26, 2026 was 74.7%. For fiscal 2026 it was 71.1%, against 75.0% the year before. The highest annual figure on record is 75.0% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Jan 25, 2026 | 71.1% | −3.9 |
| FY2025 | Jan 26, 2025 | 75.0% | +2.3 |
| FY2024 | Jan 28, 2024 | 72.7% | +15.8 |
| FY2023 | Jan 29, 2023 | 56.9% | −8.0 |
| FY2022 | Jan 30, 2022 | 64.9% | +2.6 |
| FY2021 | Jan 31, 2021 | 62.3% | +0.4 |
| FY2020 | Jan 26, 2020 | 62.0% | +0.8 |
| FY2019 | Jan 27, 2019 | 61.2% | +1.3 |
| FY2018 | Jan 28, 2018 | 59.9% | +1.1 |
| FY2017 | Jan 29, 2017 | 58.8% | +2.7 |
| FY2016 | Jan 31, 2016 | 56.1% | +0.6 |
| FY2015 | Jan 25, 2015 | 55.5% | +0.6 |
| FY2014 | Jan 26, 2014 | 54.9% | +2.9 |
| FY2013 | Jan 27, 2013 | 52.0% | +0.6 |
| FY2012 | Jan 29, 2012 | 51.4% | +11.7 |
| FY2011 | Jan 30, 2011 | 39.8% | +4.4 |
| FY2010 | Jan 31, 2010 | 35.4% | +1.1 |
| FY2009 | Jan 25, 2009 | 34.3% | −11.3 |
| FY2008 | Jan 27, 2008 | 45.6% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 26, 2026 | 75.0% | +2.6 |
| Q1 FY2027CQ1 2026 | Apr 26, 2026 | 74.9% | +14.4 |
| Q4 FY2026CQ4 2025 | Jan 25, 2026 | 75.0% | +2.0 |
| Q3 FY2026CQ3 2025 | Oct 26, 2025 | 73.4% | −1.1 |
| Q2 FY2026CQ2 2025 | Jul 27, 2025 | 72.4% | −2.7 |
| Q1 FY2026CQ1 2025 | Apr 27, 2025 | 60.5% | −17.8 |
| Q4 FY2025CQ4 2024 | Jan 26, 2025 | 73.0% | −2.9 |
| Q3 FY2025CQ3 2024 | Oct 27, 2024 | 74.6% | +0.6 |
| Q2 FY2025CQ2 2024 | Jul 28, 2024 | 75.1% | +5.1 |
| Q1 FY2025CQ1 2024 | Apr 28, 2024 | 78.4% | +13.7 |
| Q4 FY2024CQ4 2023 | Jan 28, 2024 | 76.0% | +12.6 |
| Q3 FY2024CQ3 2023 | Oct 29, 2023 | 74.0% | +20.4 |
| Q2 FY2024CQ2 2023 | Jul 30, 2023 | 70.1% | +26.6 |
| Q1 FY2024CQ1 2023 | Apr 30, 2023 | 64.6% | −0.9 |
| Q4 FY2023CQ4 2022 | Jan 29, 2023 | 63.3% | −2.1 |
| Q3 FY2023CQ3 2022 | Oct 30, 2022 | 53.6% | −11.6 |
| Q2 FY2023CQ2 2022 | Jul 31, 2022 | 43.5% | −21.3 |
| Q1 FY2023CQ1 2022 | May 1, 2022 | 65.5% | +1.4 |
| Q4 FY2022CQ4 2021 | Jan 30, 2022 | 65.4% | +2.3 |
| Q3 FY2022CQ3 2021 | Oct 31, 2021 | 65.2% | +2.6 |
| Q2 FY2022CQ2 2021 | Aug 1, 2021 | 64.8% | +5.9 |
| Q1 FY2022CQ1 2021 | May 2, 2021 | 64.1% | −1.0 |
| Q4 FY2021CQ4 2020 | Jan 31, 2021 | 63.1% | −1.8 |
| Q3 FY2021CQ3 2020 | Oct 25, 2020 | 62.6% | −0.9 |
| Q2 FY2021CQ2 2020 | Jul 26, 2020 | 58.8% | −0.9 |
| Q1 FY2021CQ1 2020 | Apr 26, 2020 | 65.1% | +6.7 |
| Q4 FY2020CQ4 2019 | Jan 26, 2020 | 64.9% | +10.2 |
| Q3 FY2020CQ3 2019 | Oct 27, 2019 | 63.6% | +3.2 |
| Q2 FY2020CQ2 2019 | Jul 28, 2019 | 59.8% | −3.5 |
| Q1 FY2020CQ1 2019 | Apr 28, 2019 | 58.4% | −6.1 |
| Q4 FY2019CQ4 2018 | Jan 27, 2019 | 54.7% | −7.1 |
| Q3 FY2019CQ3 2018 | Oct 28, 2018 | 60.4% | +0.9 |
| Q2 FY2019CQ2 2018 | Jul 29, 2018 | 63.2% | +4.9 |
| Q1 FY2019CQ1 2018 | Apr 29, 2018 | 64.5% | +5.1 |
| Q4 FY2018CQ4 2017 | Jan 28, 2018 | 61.9% | +1.9 |
| Q3 FY2018CQ3 2017 | Oct 29, 2017 | 59.5% | +0.5 |
| Q2 FY2018CQ2 2017 | Jul 30, 2017 | 58.4% | – |
| Q1 FY2018CQ1 2017 | Apr 30, 2017 | 59.4% | – |
| Q4 FY2017CQ4 2016 | Jan 29, 2017 | 60.0% | – |
| Q3 FY2017CQ3 2016 | Oct 30, 2016 | 59.0% | – |
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