NVIDIA Corporation

NVDA

Technology Semiconductors

NVIDIA Corporation’s revenue for fiscal 2026 (year ended January 2026) was $215.9 billion, up 65.5% from fiscal 2025.

Revenue
+105.9%
EPS
+128.7%
Free cash flow
+58.9%
Total debt
+282.3%

Quarter to July 2026, against a year earlier

166.06 7.67 −4.41%
Market cap
$4.19T
P/E
21.8×
Fwd P/E
18.7×
Dividend yield
0.30%
F-score
4/9
ROIC
76.2%
Net debt / EBITDA
−0.4×
Dividend safety
90/100

NVIDIA Corporation (NVDA) Piotroski F-score

Alert me on Piotroski F-score

NVIDIA Corporation's Piotroski F-score for fiscal 2026 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 8 in fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 4 (4.00)
FY2025 8 0.00
FY2024 8 3.00
FY2023 5 (1.00)
FY2022 6 0.00
FY2021 6 1.00
FY2020 5 (1.00)
FY2019 6 (2.00)
FY2018 8 0.00
FY2017 8 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 75.42% 82.20% Pass 1
Positive operating cash flow 102.72b 64.09b Pass 1
Rising return on assets 75.42% 82.20% Fail 0
Cash flow above net income (17.35b) (8.79b) Fail 0
Falling long-term leverage 0.05 0.10 Pass 1
Rising current ratio 3.91 4.44 Fail 0
No new shares issued 24,359,000,000 24,555,000,000 Pass 1
Rising gross margin 71.07% 74.99% Fail 0
Rising asset turnover 1.36 1.47 Fail 0
Piotroski F-score Mixed 4

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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