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 operating margin
Operating margin is operating income as a percentage of revenue.
Nvidia's operating margin for the twelve months ending Jul 26, 2026 was 65.2%. For fiscal 2026 it was 60.4%, against 62.4% the year before. The highest annual figure on record is 62.4% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Jan 25, 2026 | 60.4% | −2.0 |
| FY2025 | Jan 26, 2025 | 62.4% | +8.3 |
| FY2024 | Jan 28, 2024 | 54.1% | +38.5 |
| FY2023 | Jan 29, 2023 | 15.7% | −21.6 |
| FY2022 | Jan 30, 2022 | 37.3% | +10.1 |
| FY2021 | Jan 31, 2021 | 27.2% | +1.1 |
| FY2020 | Jan 26, 2020 | 26.1% | −6.4 |
| FY2019 | Jan 27, 2019 | 32.5% | −0.6 |
| FY2018 | Jan 28, 2018 | 33.0% | +5.1 |
| FY2017 | Jan 29, 2017 | 28.0% | +13.1 |
| FY2016 | Jan 31, 2016 | 14.9% | −1.3 |
| FY2015 | Jan 25, 2015 | 16.2% | +4.2 |
| FY2014 | Jan 26, 2014 | 12.0% | −3.1 |
| FY2013 | Jan 27, 2013 | 15.1% | −1.1 |
| FY2012 | Jan 29, 2012 | 16.2% | +9.0 |
| FY2011 | Jan 30, 2011 | 7.2% | +10.2 |
| FY2010 | Jan 31, 2010 | -3.0% | −0.9 |
| FY2009 | Jan 25, 2009 | -2.1% | −22.5 |
| FY2008 | Jan 27, 2008 | 20.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 26, 2026 | 66.2% | +5.4 |
| Q1 FY2027CQ1 2026 | Apr 26, 2026 | 65.6% | +16.5 |
| Q4 FY2026CQ4 2025 | Jan 25, 2026 | 65.0% | +3.9 |
| Q3 FY2026CQ3 2025 | Oct 26, 2025 | 63.2% | +0.8 |
| Q2 FY2026CQ2 2025 | Jul 27, 2025 | 60.8% | −1.2 |
| Q1 FY2026CQ1 2025 | Apr 27, 2025 | 49.1% | −15.8 |
| Q4 FY2025CQ4 2024 | Jan 26, 2025 | 61.1% | −0.5 |
| Q3 FY2025CQ3 2024 | Oct 27, 2024 | 62.3% | +4.8 |
| Q2 FY2025CQ2 2024 | Jul 28, 2024 | 62.1% | +11.7 |
| Q1 FY2025CQ1 2024 | Apr 28, 2024 | 64.9% | +35.2 |
| Q4 FY2024CQ4 2023 | Jan 28, 2024 | 61.6% | +40.8 |
| Q3 FY2024CQ3 2023 | Oct 29, 2023 | 57.5% | +47.4 |
| Q2 FY2024CQ2 2023 | Jul 30, 2023 | 50.3% | +42.9 |
| Q1 FY2024CQ1 2023 | Apr 30, 2023 | 29.8% | +7.2 |
| Q4 FY2023CQ4 2022 | Jan 29, 2023 | 20.8% | −18.1 |
| Q3 FY2023CQ3 2022 | Oct 30, 2022 | 10.1% | −27.5 |
| Q2 FY2023CQ2 2022 | Jul 31, 2022 | 7.4% | −30.1 |
| Q1 FY2023CQ1 2022 | May 1, 2022 | 22.5% | −12.0 |
| Q4 FY2022CQ4 2021 | Jan 30, 2022 | 38.9% | +8.7 |
| Q3 FY2022CQ3 2021 | Oct 31, 2021 | 37.6% | +8.0 |
| Q2 FY2022CQ2 2021 | Aug 1, 2021 | 37.6% | +20.7 |
| Q1 FY2022CQ1 2021 | May 2, 2021 | 34.6% | +2.9 |
| Q4 FY2021CQ4 2020 | Jan 31, 2021 | 30.1% | −1.8 |
| Q3 FY2021CQ3 2020 | Oct 25, 2020 | 29.6% | −1.2 |
| Q2 FY2021CQ2 2020 | Jul 26, 2020 | 16.8% | −5.3 |
| Q1 FY2021CQ1 2020 | Apr 26, 2020 | 31.7% | +15.6 |
| Q4 FY2020CQ4 2019 | Jan 26, 2020 | 31.9% | +18.6 |
| Q3 FY2020CQ3 2019 | Oct 27, 2019 | 30.8% | −2.5 |
| Q2 FY2020CQ2 2019 | Jul 28, 2019 | 22.1% | −14.9 |
| Q1 FY2020CQ1 2019 | Apr 28, 2019 | 16.1% | −24.3 |
| Q4 FY2019CQ4 2018 | Jan 27, 2019 | 13.3% | −23.5 |
| Q3 FY2019CQ3 2018 | Oct 28, 2018 | 33.3% | −0.7 |
| Q2 FY2019CQ2 2018 | Jul 29, 2018 | 37.0% | +6.2 |
| Q1 FY2019CQ1 2018 | Apr 29, 2018 | 40.4% | +11.8 |
| Q4 FY2018CQ4 2017 | Jan 28, 2018 | 36.9% | +3.1 |
| Q3 FY2018CQ3 2017 | Oct 29, 2017 | 34.0% | +2.1 |
| Q2 FY2018CQ2 2017 | Jul 30, 2017 | 30.9% | – |
| Q1 FY2018CQ1 2017 | Apr 30, 2017 | 28.6% | – |
| Q4 FY2017CQ4 2016 | Jan 29, 2017 | 33.7% | – |
| Q3 FY2017CQ3 2016 | Oct 30, 2016 | 31.9% | – |
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