Operating
Change in Inventories
Nvidia Change in Inventories decreased by 66.4% to $1.62B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 33.1%, from $2.42B to $1.62B. Over 4 years (FY 2022 to FY 2026), Change in Inventories shows an upward trend with a 95.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase might signal preparation for a major product launch or, conversely, slowing demand and potential future write-downs.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Consumer hardware companies aim for high inventory turnover to minimize the risk of product obsolescence.
Metric ID:
change_in_inventoriesHistorical Data
20 periods
| Q1 '21 | 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 | $159.00M | $123.00M | $118.00M | $374.00M | $560.00M | $725.00M | $563.00M | $706.00M | -$566.00M | -$295.00M | $456.00M | $503.00M | $577.00M | $803.00M | $977.00M | $2.42B | $1.26B | $3.62B | $4.82B | $1.62B |
| QoQ Change | — | -22.6% | -4.1% | +216.9% | +49.7% | +29.5% | -22.3% | +25.4% | -180.2% | +47.9% | +254.6% | +10.3% | +14.7% | +39.2% | +21.7% | +148.1% | -48.1% | +187.9% | +33.2% | -66.4% |
| YoY Change | — | — | — | — | +252.2% | +489.4% | +377.1% | +88.8% | -201.1% | -140.7% | -19.0% | -28.8% | +201.9% | +372.2% | +114.3% | +381.9% | +118.0% | +351.1% | +393.7% | -33.1% |
Range-$566.00M – $4.82B
CAGR+63.0%
Avg YoY Growth+169.9%
Median YoY Growth+160.0%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Nvidia's change in inventories?
- Nvidia (NVDA) reported change in inventories of $1.62B in Q4 2025.
- How has Nvidia's change in inventories changed year-over-year?
- Nvidia's change in inventories decreased by 33.1% year-over-year, from $2.42B to $1.62B.
- What is the long-term trend for Nvidia's change in inventories?
- Over 4 years (2022 to 2026), Nvidia's change in inventories has grown at a 95.6% compound annual growth rate (CAGR), from $774.00M to $11.32B.
- What does change in inventories mean?
- The change in the value of products and materials the company has in stock.