What is Nvidia's deferred revenue?

Nvidia (NVDA) reported deferred revenue of $1.71B in Q1 2026.

How has Nvidia's deferred revenue changed year-over-year?

Nvidia's deferred revenue increased by 59.6% year-over-year, from $1.07B to $1.71B.

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

Over 5 years (2021 to 2026), Nvidia's deferred revenue has grown at a 36.8% compound annual growth rate (CAGR), from $288M to $1.38B.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Nvidia NVDA Deferred Revenue

Deferred Revenue at other companies

Cisco Systems, Inc.CSCO

$16.45B+2.3%

AmbarellaAMBA

$17.04M+40.6%

Blaize Holdings Inc.BZAI

$0—

Advanced Micro DevicesAMD

——

Broadcom Inc.AVGO

——

Marvell Technology, Inc.MRVL

——

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%

CapEx$1.8B+43.2%

Free cash flow$48.6B+85.5%

Valuation

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Market cap$4.91T+27.3%

Enterprise value$4.91T+27.4%

P/E30.8×-19.5×

P/S19.4×-6.6×

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:ContractWithCustomerLiabilityCurrent.

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 deferred revenue?: Nvidia (NVDA) reported deferred revenue of $1.71B in Q1 2026.
How has Nvidia's deferred revenue changed year-over-year?: Nvidia's deferred revenue increased by 59.6% year-over-year, from $1.07B to $1.71B.
What is the long-term trend for Nvidia's deferred revenue?: Over 5 years (2021 to 2026), Nvidia's deferred revenue has grown at a 36.8% compound annual growth rate (CAGR), from $288M to $1.38B.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.