NVIDIA CORP

10-K & 10-Q Filings

NVIDIA Corporation is a technology company that pioneered accelerated computing to solve complex problems in various industries. Its full-stack computing infrastructure includes hardware, software, algorithms, and services to address markets where its technology can provide significant acceleration. The company's primary focus is on Data Center, Gaming, Professional Visualization, and Automotive markets. NVIDIA's business strategy includes advancing its accelerated computing platform, extending technology and platform leadership in AI, extending technology and platform leadership in computer graphics, and advancing the leading autonomous vehicle platform. The company's key products include GPUs, CPUs, DPUs, and data center-scale compute and networking solutions. NVIDIA's website is located at https://www.nvidia.com, and its common stock is traded on the NASDAQ stock exchange under the ticker symbol "NVDA." The company was founded in 1993 and is headquartered in Santa Clara, California. The company operates in two business segments: Compute & Networking and Graphics. The Compute & Networking segment includes data center platforms, NVIDIA DRIVE automated-driving platform, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise software, and DGX Cloud software and services. The Graphics segment includes GeForce GPUs for gaming and PCs, GeForce NOW game streaming service, Quadro/NVIDIA RTX GPUs for enterprise workstation graphics, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. NVIDIA's business strategies include advancing the NVIDIA accelerated computing platform, extending technology and platform leadership in AI, extending technology and platform leadership in computer graphics, and advancing the leading autonomous vehicle platform. The company's sales and marketing strategy involves working closely with end customers and various industry ecosystems through its partner network, which includes global, regional, and specialized cloud service providers, original equipment manufacturers, original device manufacturers, system integrators, independent software vendors, add-in board manufacturers, distributors, automotive manufacturers, and tier-1 automotive suppliers. NVIDIA's manufacturing strategy involves utilizing a fabless and contracting manufacturing approach, where it employs and partners with key suppliers for all phases of the manufacturing process. The company's competition comes from companies that provide or intend to provide GPUs, CPUs, DPUs, embedded SoCs, and other accelerated, AI computing processor products, as well as semiconductor-based high-performance interconnect products based on InfiniBand, Ethernet, Fibre Channel, and proprietary technologies. Competitors include Advanced Micro Devices, Huawei Technologies, Intel, Alibaba Group, Alphabet Inc., Amazon, Baidu, and Huawei.

12 mos ending Jan 29, 201212 mos ending Jan 27, 201312 mos ending Jan 26, 201412 mos ending Jan 25, 201512 mos ending Jan 31, 201612 mos ending Jan 29, 201712 mos ending Jan 28, 201812 mos ending Jan 27, 201912 mos ending Jan 26, 202012 mos ending Jan 31, 202112 mos ending Jan 30, 202212 mos ending Jan 29, 202312 mos ending Jan 28, 2024CAGR %YoY %Revenue (+)
$3997.93
4280.16
4130.16
4681.51
5010.00
6910.00
9714.00
11716.00
10918.00
16675.00
26914.00
26974.00
60922.00
25.48%125.85%Cost of Revenue (-)
$1941.41
2053.82
1862.40
2082.03
2199.00
2847.00
3892.00
4545.00
4150.00
6279.00
9439.00
11618.00
16621.00
19.59%43.06%Gross Profit (+)
$2056.52
2226.34
2267.76
2599.48
2811.00
4063.00
5822.00
7171.00
6768.00
10396.00
17475.00
15356.00
44301.00
29.15%188.49%Selling, General & Administrative (-)
$405.61
430.82
435.70
480.76
602.00
663.00
815.00
991.00
1093.00
1940.00
2166.00
2440.00
2654.00
16.95%8.77%Research & Development (-)
$1002.61
1147.28
1335.83
1359.72
1331.00
1463.00
1797.00
2376.00
2829.00
3924.00
5268.00
7339.00
8675.00
19.70%18.20%Non-recurring Operating Expenses (-)
$
131.00
3.00
Operating Expenses (-)
$1408.22
1578.10
1771.54
1840.49
2064.00
2129.00
2612.00
3367.00
3922.00
5864.00
7434.00
11132.00
11329.00
18.98%1.77%Costs & Expenses (Total) (-)
$3349.63
3631.92
3633.93
3922.52
4263.00
4976.00
6504.00
7912.00
8072.00
12143.00
16873.00
22750.00
27950.00
19.34%22.86%Operating Income/Loss (+)
$648.30
648.24
496.23
758.99
747.00
1934.00
3210.00
3804.00
2846.00
4532.00
10041.00
4224.00
32972.00
38.74%680.59%Non-operating Income/Expense (+)
$18.19
17.09
24.47
41.98
43.00
29.00
-14.00
92.00
124.00
-123.00
-100.00
-43.00
846.00
37.71%2067.44%Interest Expense (-)
$3.09
3.29
10.44
46.13
47.00
58.00
61.00
58.00
52.00
184.00
236.00
262.00
257.00
44.55%-1.91%Earnings before Tax (+)
$663.40
662.04
510.25
754.84
743.00
1905.00
3196.00
3896.00
2970.00
4409.00
9941.00
4181.00
33818.00
38.77%708.85%Tax Expense (-)
$82.31
99.50
70.26
124.25
129.00
239.00
149.00
-245.00
174.00
77.00
189.00
-187.00
4058.00
38.38%2270.05%Income/Loss (Continuing Operations) (+)
$581.09
562.54
439.99
630.59
614.00
1666.00
3047.00
4141.00
2796.00
4332.00
9752.00
4368.00
29760.00
38.82%581.32%Net Income/Loss (+)
$581.09
562.54
439.99
630.59
614.00
1666.00
3047.00
4141.00
2796.00
4332.00
9752.00
4368.00
29760.00
38.82%581.32%Net Income/Loss (Common) (+)
$581.09
562.54
439.99
630.59
614.00
1666.00
3047.00
4141.00
2796.00
4332.00
9752.00
4368.00
29760.00
38.82%581.32%EPS (Basic)
$0.96
0.91
0.75
1.14
1.13
3.08
5.09
6.81
4.59
7.02
3.91
1.76
12.05
23.47%584.66%EPS (Diluted)
$0.94
0.90
0.74
1.12
1.08
2.57
4.82
6.63
4.52
6.90
3.85
1.74
11.93
23.58%585.63%Weighted Avg Shares (Basic)
603.65
619.32
587.89
552.32
543.00
541.00
599.00
608.00
609.00
617.00
2496.00
2487.00
2469.00
12.45%-0.72%Weighted Avg Shares (Diluted)
616.37
624.96
594.52
563.07
569.00
649.00
632.00
625.00
618.00
628.00
2535.00
2507.00
2494.00
12.35%-0.52%Cash
$667.88
732.79
1151.59
496.65
596.00
1766.00
4002.00
782.00
10896.00
847.00
1990.00
3389.00
7280.00
22.03%114.81%Short-term Investments
$2461.70
2995.10
3520.22
4126.69
4441.00
5032.00
3106.00
6640.00
1.00
10714.00
19218.00
9907.00
18704.00
18.41%88.80%Receivables
$336.14
454.25
426.36
473.64
505.00
826.00
1265.00
1424.00
1657.00
2429.00
4650.00
3827.00
9999.00
32.67%161.28%Inventory
$340.30
419.69
387.76
482.89
418.00
794.00
796.00
1575.00
979.00
1826.00
2605.00
5159.00
5282.00
25.67%2.38%Prepaid Expenses (Current)
$49.41
69.70
70.28
70.17
93.00
118.00
86.00
136.00
157.00
239.00
366.00
791.00
3080.00
41.11%289.38%Other Assets (Current)
$49.93
103.74
68.49
63.25
Assets (Current)
$3905.36
4775.26
5624.71
5713.30
6053.00
8536.00
9255.00
10557.00
13690.00
16055.00
28829.00
23073.00
44345.00
22.44%92.19%Property, Plant & Equipment (Net)
$560.07
576.14
582.74
557.28
466.00
521.00
997.00
1404.00
2292.00
2856.00
3607.00
4845.00
5260.00
20.52%8.57%Goodwill & Intangibles
$967.17
953.36
939.19
839.89
784.00
722.00
670.00
663.00
667.00
6930.00
6688.00
6048.00
5542.00
15.66%-8.37%Other Assets
$120.33
107.48
104.25
90.90
67.00
62.00
319.00
668.00
666.00
2950.00
5063.00
7216.00
10581.00
45.22%46.63%Assets (Non-current)
$1647.57
1636.99
1626.18
1488.07
1317.00
1305.00
1986.00
2735.00
3625.00
12736.00
15358.00
18109.00
21383.00
23.81%18.08%Assets (Total)
$5552.93
6412.24
7250.89
7201.37
7370.00
9841.00
11241.00
13292.00
17315.00
28791.00
44187.00
41182.00
65728.00
22.87%59.60%Accounts Payable
$929.96
976.22
945.50
896.03
938.00
992.00
1138.00
1329.00
1784.00
2926.00
4335.00
5313.00
9381.00
21.24%76.57%Debt (Current)
$
1413.00
796.00
15.00
999.00
1250.00
1250.00
0.00%Liabilities (Current)
$929.96
976.22
945.50
896.03
2351.00
1788.00
1153.00
1329.00
1784.00
3925.00
4335.00
6563.00
10631.00
22.51%61.98%Debt (Non-current)
$21.44
19.00
1373.88
1398.43
10.00
1989.00
1985.00
1988.00
2552.00
5964.00
10946.00
9703.00
8459.00
64.57%-12.82%Other Liabilities
$455.81
589.32
475.13
488.93
540.00
271.00
632.00
633.00
775.00
2009.00
2294.00
2815.00
3660.00
18.96%30.02%Liabilities (Non-current)
$477.25
608.32
1849.00
1887.36
550.00
2260.00
2617.00
2621.00
3327.00
7973.00
13240.00
12518.00
12119.00
30.94%-3.19%Liabilities (Total)
$1407.20
1584.54
2794.50
2783.39
2901.00
4048.00
3770.00
3950.00
5111.00
11898.00
17575.00
19081.00
22750.00
26.10%19.23%Treasury Stock
$1496.90
1622.71
2537.30
3394.59
4048.00
5039.00
6650.00
9263.00
9814.00
10756.00
Retained Earnings
$2730.42
3246.09
3504.74
3948.88
4350.00
6108.00
8787.00
12565.00
14971.00
18908.00
16235.00
10171.00
29817.00
22.04%193.16%AOCI
$10.61
9.98
4.88
7.84
-4.00
-16.00
-18.00
-12.00
1.00
19.00
-11.00
-43.00
27.00
8.09%162.79%Shareholder's Equity
$4145.72
4827.70
4456.40
4417.98
4469.00
5762.00
7471.00
9342.00
12204.00
16893.00
26612.00
22101.00
42978.00
21.52%94.46%Liabilities & Equity
$5552.93
6412.24
7250.89
7201.37
7370.00
9841.00
11241.00
13292.00
17315.00
28791.00
44187.00
41182.00
65728.00
22.87%59.60%Net Income/Loss
$581.09
562.54
439.99
630.59
614.00
1666.00
3047.00
4141.00
2796.00
4332.00
9752.00
4368.00
29760.00
38.82%581.32%Depreciation & Amortization
$204.21
226.24
243.75
248.09
226.00
212.00
202.00
262.00
381.00
1098.00
1174.00
1544.00
1508.00
18.13%-2.33%Increase/Decrease in Working Capital
$-159.51
261.69
-54.00
202.53
51.00
679.00
-185.00
857.00
-717.00
703.00
3363.00
2207.00
3722.00
68.65%Share-based Compensation
$136.35
136.66
136.29
157.84
204.00
247.00
391.00
557.00
844.00
1397.00
2004.00
2709.00
3549.00
31.21%31.01%Adjustments to Reconcile Net Income
$327.72
262.27
395.16
275.07
561.00
9.00
456.00
-398.00
1965.00
1490.00
-644.00
1273.00
-1670.00
-231.19%Net Cash (Operating)
$909.16
824.17
835.15
905.66
1175.00
1672.00
3502.00
3743.00
4761.00
5822.00
9108.00
5641.00
28090.00
33.09%397.96%Capital Expenditure
$487.62
17.14
8524.00
263.00
49.00
1152.00
7.43%2251.02%Net Cash (Investing)
$-1143.36
-743.99
-805.94
-727.05
-400.00
-793.00
1278.00
-4097.00
6145.00
-19675.00
-9830.00
7375.00
-10566.00
-243.27%Increase/Decrease in Debt
$-1.61
-2.05
1475.26
-2.92
-3.00
1315.00
-812.00
-16.00
-1000.00
-1250.00
Increase/Decrease in Equity
$
-100.00
-828.20
-813.60
-587.00
-747.00
-909.00
-1579.00
-10039.00
-9130.00
9.05%Interest Expenses
$
2.77
2.52
17.21
17.00
13.00
55.00
55.00
54.00
138.00
246.00
254.00
252.00
-0.79%Dividends Paid
$
46.87
181.34
186.45
213.00
261.00
341.00
371.00
390.00
395.00
399.00
398.00
395.00
-0.75%Net Cash (Financing)
$236.72
-15.27
389.59
-833.54
-676.00
291.00
-2544.00
-2866.00
-792.00
3804.00
1865.00
-11617.00
-13633.00
-17.35%Cash Taxes Paid
$58.33
38.61
14.62
14.47
14.00
14.00
22.00
61.00
176.00
249.00
396.00
1404.00
6549.00
48.20%366.45%Increase/Decrease in Cash
$2.52
64.91
418.80
-654.93
99.00
1170.00
2236.00
-3220.00
10114.00
-10049.00
1143.00
1399.00
3891.00
84.41%178.13%Cash (Beginning)
$665.36
667.88
732.79
1151.59
497.00
596.00
1766.00
4002.00
782.00
10896.00
847.00
1990.00
3389.00
14.53%70.30%Cash (Ending)
$667.88
732.79
1151.59
496.65
596.00
1766.00
4002.00
782.00
10896.00
847.00
1990.00
3389.00
7280.00
22.03%114.81%NOPAT
$591.30
610.44
482.01
744.44
732.92
1919.79
3187.90
4043.21
2677.35
4276.05
9641.02
4412.92
26586.83
37.32%502.48%Gross Margin %
51.44%
52.02%
54.91%
55.53%
56.11%
58.80%
59.93%
61.21%
61.99%
62.34%
64.93%
56.93%
72.72%
Operating Margin %
16.22%
15.15%
12.01%
16.21%
14.91%
27.99%
33.05%
32.47%
26.07%
27.18%
37.31%
15.66%
54.12%
NOPAT Margin %
14.79%
14.26%
11.67%
15.90%
14.63%
27.78%
32.82%
34.51%
24.52%
25.64%
35.82%
16.36%
43.64%
Net Margin %
14.53%
13.14%
10.65%
13.47%
12.26%
24.11%
31.37%
35.34%
25.61%
25.98%
36.23%
16.19%
48.85%
Tax Rate %
8.79%
5.83%
2.86%
1.92%
1.88%
0.73%
0.69%
-6.29%
5.93%
5.65%
3.98%
-4.47%
19.37%
ROA
10.65%
9.52%
6.65%
10.34%
9.94%
19.51%
28.36%
30.42%
15.46%
14.85%
21.82%
10.72%
40.45%
ROE
14.26%
12.64%
10.82%
16.85%
16.40%
33.32%
42.67%
43.28%
21.94%
25.31%
36.23%
19.97%
61.86%
ROIC
34.32%
31.71%
25.72%
37.30%
40.07%
71.63%
87.40%
86.86%
52.91%
35.05%
61.92%
24.44%
102.75%
Asset Turnover
0.72
0.67
0.57
0.65
0.68
0.70
0.86
0.88
0.63
0.58
0.61
0.65
0.93
Inventory Turnover
5.71
4.89
4.80
4.31
5.26
3.59
4.89
2.89
4.24
3.44
3.62
2.25
3.15
Equity Multiplier
1.34
1.33
1.63
1.63
1.65
1.71
1.50
1.42
1.42
1.70
1.66
1.86
1.53
Current Ratio
4.20
4.89
5.95
6.38
2.57
4.77
8.03
7.94
7.67
4.09
6.65
3.52
4.17
Quick Ratio
3.73
4.28
5.39
5.69
2.36
4.26
7.26
6.66
7.04
3.56
5.96
2.61
3.38
Debt/Equity Ratio
0.01
0.00
0.31
0.32
0.32
0.48
0.27
0.21
0.21
0.41
0.41
0.50
0.23
Interest Coverage Ratio
233.85
197.07
44.11
43.94
148.77
58.36
69.16
52.70
32.84
40.82
16.63
130.84
Working Capital/Sales
0.05
0.09
0.09
0.13
0.12
0.21
0.20
0.22
0.19
0.14
0.20
0.27
0.25
R&D/Sales
0.25
0.27
0.32
0.29
0.27
0.21
0.18
0.20
0.26
0.24
0.20
0.27
0.14
Dividend Payout Ratio %
7.68%
37.62%
25.05%
29.06%
13.60%
10.70%
9.18%
14.57%
9.24%
4.14%
9.02%
1.49%
Total Payout
$1.61
151.69
-463.20
1020.18
820.00
-294.00
2117.00
2021.00
444.00
533.00
1645.00
10691.00
11027.00
108.78%3.14%Payout Ratio %
0.27%
24.85%
-96.10%
137.04%
111.88%
-15.31%
66.41%
49.98%
16.58%
12.46%
17.06%
242.27%
41.48%