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Nvidia NVDA Operating margin

Operating margin at other companies

Advanced Micro Devices logo
Advanced Micro DevicesAMD
11.7%+2.0pp
Intel logo
IntelINTC
-5.2%-2.2pp
Qualcomm logo
QualcommQCOM
25.5%-1.6pp
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
23.4%+3.1pp
Broadcom Inc. logo
Broadcom Inc.AVGO
43.4%+7.4pp
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
33.3%+24.8pp

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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Gross margin74.1%+4.0pp
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 operating margin?
Nvidia (NVDA) reported operating margin of 64% in Q1 2026.
How has Nvidia's operating margin changed year-over-year?
Nvidia's operating margin increased by 10.3% year-over-year, from 58% to 64%.
What is the long-term trend for Nvidia's operating margin?
Over 4 years (2022 to 2026), Nvidia's operating margin has grown at a 15.0% compound annual growth rate (CAGR), from 134.6% to 235.3%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.