Discontinued — last reported Q4 '25

Total Cost of Revenue

Cost of Revenue

Nvidia Total Cost of Revenue remained flat by 0.0% to $15.62B in Q4 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $15.16B to $15.62B. Over 3 years (FY 2021 to FY 2026), Total Cost of Revenue shows an upward trend with a 109.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

An increase relative to revenue suggests declining efficiency or rising input costs, whereas a decrease suggests better operational scaling.

Detailed definition

The direct costs associated with producing and delivering the goods and services sold by the company. This typically inc...

Peer comparison

Cloud-heavy companies monitor this closely as a measure of data center and infrastructure efficiency.

Metric ID: is_total_cost_of_revenue

Historical Data

21 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$2.03B$2.29B$2.47B$39.00M$2.86B$3.79B$2.75B$309.00M$2.54B$4.05B$4.72B$5.64B$7.47B$8.93B$17.39B$12.89B$15.16B$15.62B$15.62B$15.62B$15.62B
QoQ Change+12.8%+7.9%-98.4%>999%+32.6%-27.3%-88.8%+723.3%+59.0%+16.7%+19.4%+32.4%+19.6%+94.9%-25.9%+17.6%+3.0%+0.0%+0.0%+0.0%
YoY Change+40.6%+65.3%+11.4%+692.3%-11.0%+6.8%+71.4%+121.6%+84.6%+89.1%+208.5%+72.6%+69.8%-10.2%+21.2%+3.0%
Range$39.00M$17.39B
CAGR+50.4%
Avg YoY Growth+96.1%
Median YoY Growth+67.6%
Current Streak5 quarters growth

Frequently Asked Questions

What is Nvidia's total cost of revenue?
Nvidia (NVDA) reported total cost of revenue of $15.62B in Q4 2026.
How has Nvidia's total cost of revenue changed year-over-year?
Nvidia's total cost of revenue increased by 3.0% year-over-year, from $15.16B to $15.62B.
What is the long-term trend for Nvidia's total cost of revenue?
Over 3 years (2021 to 2026), Nvidia's total cost of revenue has grown at a 109.5% compound annual growth rate (CAGR), from $6.80B to $62.48B.
What does total cost of revenue mean?
The direct expenses a company pays to create and deliver what it sells.

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