Discontinued — last reported Q4 '25
Inventories
Current AssetsNvidia Inventories increased by 8.2% to $21.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 112.3%, from $10.08B to $21.40B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 67.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2008
Last reportedQ4 2025
How to read this metric
Rising inventory without rising sales can signal overproduction or falling demand; very low inventory might lead to lost sales due to stockouts.
Detailed definition
The cost of physical goods held for sale, including hardware like Surface devices, Xbox consoles, and related components...
Peer comparison
Relevant for hardware-integrated peers like Apple or Sony, but less significant for pure-play SaaS companies.
Metric ID:
inventoriesHistorical Data
20 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Range$1.99B – $21.40B
CAGR+64.9%
Avg YoY Growth+70.5%
Median YoY Growth+72.1%
Current Streak10 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is Nvidia's inventories?
- Nvidia (NVDA) reported inventories of $21.40B in Q1 2026.
- How has Nvidia's inventories changed year-over-year?
- Nvidia's inventories increased by 112.3% year-over-year, from $10.08B to $21.40B.
- What is the long-term trend for Nvidia's inventories?
- Over 5 years (2020 to 2025), Nvidia's inventories has grown at a 67.6% compound annual growth rate (CAGR), from $1.50B to $19.78B.
- What does inventories mean?
- The value of products currently sitting in warehouses waiting to be sold.