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NVDA Nvidia Corp
$194.29 ▼ 1.45 (0.74%)
Financials

Financial Statements

As filed with the SEC — statements parsed verbatim from EDGAR (line items, order and subtotals exactly as reported). 10-K filed 2026-02-25 · 10-Q filed 2026-05-20.

01

Income Statement

Consolidated Statements of Income — shares in Millions, $ in Millions
Line Item12 Months Ended · Jan. 25, 202612 Months Ended · Jan. 26, 202512 Months Ended · Jan. 28, 2024
Income Statement
Revenue$ 215,938$ 130,497$ 60,922
Cost of revenue62,47532,63916,621
Gross profit153,46397,85844,301
Operating expenses
Research and development18,49712,9148,675
Sales, general and administrative4,5793,4912,654
Total operating expenses23,07616,40511,329
Operating income130,38781,45332,972
Interest income2,3001,786866
Interest expense(259)(247)(257)
Other income, net9,0221,034237
Total other income, net11,0632,573846
Income before income tax141,45084,02633,818
Income tax expense21,38311,1464,058
Net income$ 120,067$ 72,880$ 29,760
Net income per share:
Basic (in USD per share)$ 4.93$ 2.97$ 1.21
Diluted (in USD per share)$ 4.90$ 2.94$ 1.19
Weighted average shares used in per share computation:
Basic (in shares)24,35924,55524,690
Diluted (in shares)24,51424,80424,940
02

Balance Sheet

Consolidated Balance Sheets — $ in Millions
Line ItemJan. 25, 2026Jan. 26, 2025
Current assets:
Cash and cash equivalents$ 10,605$ 8,589
Marketable securities51,95134,621
Accounts receivable, net38,46623,065
Inventories21,40310,080
Prepaid expenses and other current assets3,1803,771
Total current assets125,60580,126
Property and equipment, net10,3836,283
Operating lease assets2,8671,793
Goodwill20,8325,188
Intangible assets, net3,306807
Deferred income tax assets13,25810,979
Non-marketable equity securities22,2513,387
Other assets8,3013,038
Total assets206,803111,601
Current liabilities:
Accounts payable9,8126,310
Accrued and other current liabilities21,35211,737
Short-term debt9990
Total current liabilities32,16318,047
Long-term debt7,4698,463
Long-term operating lease liabilities2,5721,519
Other long-term liabilities7,3064,245
Total liabilities49,51032,274
Commitments and contingencies - see Note 1200
Shareholders’ equity:
Preferred stock, $0.001 par value; 2 shares authorized; none issued00
Common stock, $0.001 par value; 80,000 shares authorized; 24,304 shares issued and outstanding as of January 25, 2026; 24,477 shares issued and outstanding as of January 26, 20252424
Additional paid-in capital10,11811,237
Accumulated other comprehensive income17828
Retained earnings146,97368,038
Total shareholders' equity157,29379,327
Total liabilities and shareholders' equity$ 206,803$ 111,601
03

Cash Flow

Consolidated Statements of Cash Flows — $ in Millions
Line Item12 Months Ended · Jan. 25, 202612 Months Ended · Jan. 26, 202512 Months Ended · Jan. 28, 2024
Cash flows from operating activities:
Net income$ 120,067$ 72,880$ 29,760
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation expense6,3864,7373,549
Depreciation and amortization2,8431,8641,508
Gains on non-marketable equity securities and publicly-held equity securities, net(8,918)(1,030)(238)
Deferred income taxes(1,424)(4,477)(2,489)
Other(287)(502)(278)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable(15,399)(13,063)(6,172)
Inventories(11,324)(4,781)(98)
Prepaid expenses and other assets577(395)(1,522)
Accounts payable3,0963,3571,531
Accrued and other current liabilities5,2574,2782,025
Other long-term liabilities1,8441,221514
Net cash provided by operating activities102,71864,08928,090
Cash flows from investing activities:
Proceeds from sales of marketable securities15,15749550
Proceeds from maturities of marketable securities11,22611,1959,732
Proceeds from sales of non-marketable equity securities841711
Purchases of marketable securities(40,616)(26,575)(18,211)
Purchases of non-marketable equity securities(17,502)(1,486)(862)
Groq, Inc.(13,000)00
Purchases related to property and equipment and intangible assets(6,042)(3,236)(1,069)
Acquisitions, net of cash acquired(1,535)(1,007)(83)
Other022(124)
Net cash used in investing activities(52,228)(20,421)(10,566)
Cash flows from financing activities:
Proceeds related to employee stock plans644490403
Payments related to repurchases of common stock(40,086)(33,706)(9,533)
Payments related to employee stock plan taxes(7,948)(6,930)(2,783)
Dividends paid(974)(834)(395)
Principal payments on property and equipment and intangible assets(101)(129)(74)
Repayment of debt0(1,250)(1,250)
Other(9)0(1)
Net cash used in financing activities(48,474)(42,359)(13,633)
Change in cash and cash equivalents2,0161,3093,891
Cash and cash equivalents at beginning of period8,5897,2803,389
Cash and cash equivalents at end of period10,6058,5897,280
Supplemental disclosures of cash flow information:
Cash paid for income taxes, net$ 20,288$ 15,118$ 6,549