Operating
Change in Inventories
Nvidia Change in Inventories increased by 172.7% to $4.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 251.4%, from $1.26B to $4.42B. Over 4 years (FY 2022 to FY 2026), Change in Inventories shows an upward trend with a 95.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 20, 2026
How to read this metric
A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.
Metric ID:
change_in_inventoriesHistorical Data
21 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $159.00M | $123.00M | $118.00M | $374.00M | $560.00M | $725.00M | $563.00M | $706.00M | -$566.00M | -$295.00M | $456.00M | $503.00M | $577.00M | $803.00M | $977.00M | $2.42B | $1.26B | $3.62B | $4.82B | $1.62B | $4.42B |
| QoQ Change | — | -22.6% | -4.1% | +216.9% | +49.7% | +29.5% | -22.3% | +25.4% | -180.2% | +47.9% | +254.6% | +10.3% | +14.7% | +39.2% | +21.7% | +148.1% | -48.1% | +187.9% | +33.2% | -66.4% | +172.7% |
| YoY Change | — | — | — | — | +252.2% | +489.4% | +377.1% | +88.8% | -201.1% | -140.7% | -19.0% | -28.8% | +201.9% | +372.2% | +114.3% | +381.9% | +118.0% | +351.1% | +393.7% | -33.1% | +251.4% |
Range-$566.00M – $4.82B
CAGR+94.4%
Avg YoY Growth+174.7%
Median YoY Growth+201.9%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Nvidia's change in inventories?
- Nvidia (NVDA) reported change in inventories of $4.42B in Q1 2026.
- How has Nvidia's change in inventories changed year-over-year?
- Nvidia's change in inventories increased by 251.4% year-over-year, from $1.26B to $4.42B.
- What is the long-term trend for Nvidia's change in inventories?
- Over 4 years (2022 to 2026), Nvidia's change in inventories has grown at a 95.6% compound annual growth rate (CAGR), from $774.00M to $11.32B.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.