What is Nvidia's capex?

Nvidia (NVDA) reported capex of $1.76B in Q1 2026.

How has Nvidia's capex changed year-over-year?

Nvidia's capex increased by 43.2% year-over-year, from $1.23B to $1.76B.

What is the long-term trend for Nvidia's capex?

Over 3 years (2022 to 2026), Nvidia's capex has grown at a 83.6% compound annual growth rate (CAGR), from $976M to $6.04B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Nvidia NVDA CapEx

CapEx at other companies

Advanced Micro DevicesAMD

$389M+83.5%

IntelINTC

$3.64B-29.8%

QualcommQCOM

$533M+149%

Cisco Systems, Inc.CSCO

$414M+58.6%

AmbarellaAMBA

$3.96M-13.3%

Broadcom Inc.AVGO

$231M+60.4%

Other financials

Income statement

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Revenue$81.6B+85.2%

Gross profit$61.2B+129%

Operating income$53.5B+147%

Net income$58.3B+211%

EPS (diluted)$2.39+214%

Balance sheet

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Cash & equivalents$13.2B-13.1%

Total debt$12.8B+24.6%

Total equity$195.47B+133%

Total assets$259.47B+107%

Cash flow

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Operating cash flow$50.3B+83.6%

Free cash flow$48.6B+85.5%

Valuation

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Market cap$4.74T+35.1%

Enterprise value$4.74T+35.3%

P/E29.7×-16.0×

P/S18.7×-4.9×

Profitability

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Gross margin74.1%+4.0pp

Operating margin64%+6.0pp

Net margin63%+11.3pp

FCF margin47%-1.5pp

Returns & leverage

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Return on equity114.3%-1.2pp

Debt / equity0.1×-0.1×

Current ratio3.4×+0.1×

Where this comes from

Reported directly by Nvidia in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Nvidia’s 10-Q, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nvidia's capex?: Nvidia (NVDA) reported capex of $1.76B in Q1 2026.
How has Nvidia's capex changed year-over-year?: Nvidia's capex increased by 43.2% year-over-year, from $1.23B to $1.76B.
What is the long-term trend for Nvidia's capex?: Over 3 years (2022 to 2026), Nvidia's capex has grown at a 83.6% compound annual growth rate (CAGR), from $976M to $6.04B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.