Work in process
Current AssetsNvidia Work in process increased by 98.0% to $8.74B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 203.2%, from $2.88B to $8.74B. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 87.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2023
Last reportedQ3 2025
Parent metricInventories
Metric ID:
inv_work_in_progressHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $504.00M | $553.00M | $538.00M | $692.00M | $672.00M | $767.00M | $788.00M | $466.00M | $930.00M | $1.06B | $1.34B | $1.51B | $1.63B | $2.11B | $2.88B | $3.40B | $5.34B | $4.41B | $8.74B |
| QoQ Change | — | +9.7% | -2.7% | +28.6% | -2.9% | +14.1% | +2.7% | -40.9% | +99.6% | +13.8% | +26.5% | +12.5% | +8.0% | +29.9% | +36.5% | +18.0% | +57.1% | -17.4% | +98.0% |
| YoY Change | — | — | — | — | +33.3% | +38.7% | +46.5% | -32.7% | +38.4% | +37.9% | +69.8% | +223.0% | +74.7% | +99.5% | +115.3% | +125.8% | +228.6% | +109.0% | +203.2% |
| % of Inventories | 25.3% | 26.2% | 24.1% | 26.6% | 21.2% | 19.7% | 17.7% | 9.0% | 20.2% | 24.5% | 28.0% | 28.5% | 27.7% | 31.6% | 37.6% | 33.7% | 47.1% | 29.5% | 44.2% |
| Share Change | — | +0.9pp | -2.1pp | +2.5pp | -5.3pp | -1.5pp | -2.0pp | -8.7pp | +11.1pp | +4.3pp | +3.5pp | +0.5pp | -0.8pp | +3.9pp | +6.0pp | -3.9pp | +13.4pp | -17.6pp | +14.7pp |
Range$466.00M – $8.74B
CAGR+88.5%
Avg YoY Growth+94.1%
Median YoY Growth+74.7%
Work in process at Other Companies
Frequently Asked Questions
- What is Nvidia's work in process?
- Nvidia (NVDA) reported work in process of $8.74B in Q4 2025.
- How has Nvidia's work in process changed year-over-year?
- Nvidia's work in process increased by 203.2% year-over-year, from $2.88B to $8.74B.
- What is the long-term trend for Nvidia's work in process?
- Over 5 years (2020 to 2025), Nvidia's work in process has grown at a 87.2% compound annual growth rate (CAGR), from $380.00M to $8.74B.