Non-Current Assets

PP&E (Net)

Nvidia PP&E (Net) increased by 19.5% to $12.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 73.8%, from $7.14B to $12.40B. Over 5 years (FY 2021 to FY 2026), PP&E (Net) shows an upward trend with a 37.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2027May 20, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$2.27B$2.36B$2.51B$2.78B$2.92B$3.23B$3.77B$3.81B$3.74B$3.80B$3.84B$3.91B$4.01B$4.89B$5.34B$6.28B$7.14B$9.14B$9.78B$10.38B$12.40B
QoQ Change+4.2%+6.1%+10.7%+5.0%+10.9%+16.7%+0.9%-1.8%+1.6%+1.2%+1.8%+2.4%+21.9%+9.4%+17.6%+13.6%+28.1%+7.0%+6.2%+19.5%
YoY Change+28.6%+36.8%+50.4%+37.0%+28.3%+17.5%+1.9%+2.8%+7.1%+28.6%+39.0%+60.5%+78.1%+87.1%+83.0%+65.3%+73.8%
Range$2.27B$12.40B
CAGR+40.5%
Avg YoY Growth+42.7%
Median YoY Growth+37.0%
Current Streak12 quarters growth

Geographic Breakdown — UNITED STATES

View all
SegmentQ4 '25
UNITED STATES$3.63B
Taiwan$1.48B
Israel$840.00M
Total$6.28B

Israel, Taiwan, UNITED STATES were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Other

View all
SegmentQ4 '22Q4 '23Q4 '24Q4 '25Q4 '26
Other$191.00M$235.00M$221.00M$336.00M$568.00M
Total$2.78B$3.81B$3.91B$6.28B$10.38B

Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Nvidia's pp&e (net)?
Nvidia (NVDA) reported pp&e (net) of $12.40B in Q1 2026.
How has Nvidia's pp&e (net) changed year-over-year?
Nvidia's pp&e (net) increased by 73.8% year-over-year, from $7.14B to $12.40B.
What is the long-term trend for Nvidia's pp&e (net)?
Over 5 years (2021 to 2026), Nvidia's pp&e (net) has grown at a 37.0% compound annual growth rate (CAGR), from $2.15B to $10.38B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.