Current Assets
Inventories
Nvidia Inventories increased by 20.5% to $25.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 127.6%, from $11.33B to $25.80B. Over 5 years (FY 2021 to FY 2026), Inventories shows an upward trend with a 63.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 20, 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
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 | $1.99B | $2.11B | $2.23B | $2.61B | $3.16B | $3.89B | $4.45B | $5.16B | $4.61B | $4.32B | $4.78B | $5.28B | $5.86B | $6.68B | $7.65B | $10.08B | $11.33B | $14.96B | $19.78B | $21.40B | $25.80B |
| QoQ Change | — | +6.1% | +5.6% | +16.7% | +21.4% | +23.0% | +14.5% | +15.8% | -10.6% | -6.3% | +10.7% | +10.5% | +11.0% | +13.8% | +14.7% | +31.7% | +12.4% | +32.0% | +32.2% | +8.2% | +20.5% |
| YoY Change | — | — | — | — | +58.8% | +84.0% | +99.5% | +98.0% | +45.8% | +11.1% | +7.3% | +2.4% | +27.2% | +54.5% | +60.2% | +90.8% | +93.3% | +124.1% | +158.5% | +112.3% | +127.6% |
Range$1.99B – $25.80B
CAGR+66.9%
Avg YoY Growth+73.8%
Median YoY Growth+84.0%
Current Streak11 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is Nvidia's inventories?
- Nvidia (NVDA) reported inventories of $25.80B in Q1 2026.
- How has Nvidia's inventories changed year-over-year?
- Nvidia's inventories increased by 127.6% year-over-year, from $11.33B to $25.80B.
- What is the long-term trend for Nvidia's inventories?
- Over 5 years (2021 to 2026), Nvidia's inventories has grown at a 63.6% compound annual growth rate (CAGR), from $1.83B to $21.40B.
- What does inventories mean?
- The total value of all goods held for production or sale.