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Nvidia NVDA Gross margin

Gross margin at other companies

Advanced Micro Devices logo
Advanced Micro DevicesAMD
50.3%+0.2pp
Intel logo
IntelINTC
35.4%+3.8pp
Qualcomm logo
QualcommQCOM
54.8%-0.9pp
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
64.3%-0.9pp
Broadcom Inc. logo
Broadcom Inc.AVGO
68.3%+2.2pp
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
68%+3.3pp

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$4.96T+86.7%
Enterprise value$4.96T+87.1%
P/E31.1×-3.5×
P/S19.6×+1.7×

Profitability

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Operating margin64%+6.0pp
Net margin63%+11.3pp

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

Calculated from Nvidia’s reported figures.

Based on trailing twelve months.

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 gross margin?
Nvidia (NVDA) reported gross margin of 74.1% in Q1 2026.
How has Nvidia's gross margin changed year-over-year?
Nvidia's gross margin increased by 5.8% year-over-year, from 70.1% to 74.1%.
What is the long-term trend for Nvidia's gross margin?
Over 4 years (2022 to 2026), Nvidia's gross margin has grown at a 2.4% compound annual growth rate (CAGR), from 255.5% to 281.1%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.