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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. In the quarter to July 2026, revenue grew 105.9%, EPS grew 128.7%, free cash flow grew 58.9% and total debt rose 282.3%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

211.84 10.13 −4.56%
Market cap
$5.11T
P/E
26.6×
Fwd P/E
21.4×
Dividend yield
0.25%
F-score
4/9
Altman Z
61.08
Beneish M
−1.15
Dividend safety
90/100
Overview Business Profile Earnings & Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K
Latest earnings: fiscal Q2 2027 digest →

Insider Decisions trades per month

Total sells 1,877.88
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 2 8 4 1 7 — 1 3 — 2 4 —
Insider Ownership 4.13%

Capital & Financial Ratios $m

Market Cap 5,114,260.00
Revenue 302,969.00
Net Income 192,880.00
Free Cash Flow 127,006.00
Net Debt (67,003.00)
Current Ratio 4.59 (at or above 1.5: strong)
Debt/Equity 0.14 (at or below 0.5: strong)
P/E ratio 26.65
Fwd P/E 21.40
P/S ratio 16.91 (above 10: high)
P/B ratio 22.38 (above 6: high)
Past 5Y EPS Growth 95.29% (at or above 15%: strong)
This Y EPS Growth 94.77% (at or above 15%: strong)
Next Y EPS Growth 70.15% (at or above 15%: strong)
Next Y revenue growth 90.63% (at or above 10%: strong)
Next 5Y EPS Growth 64.87% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 16.7×, against a ten-year median of 17.7×; over the ten years it ranged from 2.6× in 2016 to 40.2× in 2023.
P/E against its own 10 years 4.97%
10-year low 10-year high
P/S against its own 10 years 47.41%
10-year low 10-year high
P/B against its own 10 years 56.31%
10-year low 10-year high
EV/Sales against its own 10 years 47.44%
10-year low 10-year high
EV/FCF against its own 10 years 28.82%
10-year low 10-year high

Dividends

Payout Ratio 0.07
Annual Dividend Rate 0.52
Annual Dividend Yield 0.25%
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 0.04
0.01
0.25
0.25
2025 0.04
0.01
0.01
0.01
0.01
2024 0.03
0.00
0.01
0.01
0.01
2023 0.02
0.00
0.00
0.00
0.00
2022 0.02
0.00
0.00
0.00
0.00
2021 0.02
0.00
0.00
0.00
0.00
2020 0.02
0.00
0.00
0.00
0.00
2019 0.02
0.00
0.00
0.00
0.00
2018 0.02
0.00
0.00
0.00
0.00
2017 0.01
0.00
0.00
0.00
0.00
2016 0.01
0.00
0.00
0.00
0.00
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 25,984 43,210 62,556 99,369
Receivables 9,999 23,065 38,466 63,059
Inventory 5,282 10,080 21,403 31,575
Other — — — —
44,345 80,126 125,605 197,412
2024 2025 2026 Q'26
Payables 2,699 6,310 9,812 15,059
ST’ Debt — — — —
Other — — — —
10,631 18,047 32,163 43,019

Compound Annual Growth %

10y 5y 3y
Sales 45.70% 66.90% 100.05%
Cash Flow 56.37% 77.55% 163.09%
Earnings 69.48% 94.33% 201.80%
Book Value 42.77% 56.24% 92.35%

Revenue $m

Apr Jul Oct Jan Year
’26 81,615 96,221 — — —
’26 44,062 46,743 57,006 68,127 215,938
’25 26,044 30,040 35,082 39,331 130,497
’24 7,192 13,507 18,120 22,103 60,922
’23 8,288 6,704 5,931 6,051 26,974
’22 5,661 6,507 7,103 7,643 26,914
’21 3,080 3,866 4,726 5,003 16,675
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 50,344 24,077 — — —
’26 27,414 15,365 23,751 36,188 102,718
’25 15,345 14,488 17,627 16,629 64,089
’24 2,911 6,348 7,332 11,499 28,090
’23 1,731 1,270 392 2,248 5,641
’22 1,874 2,682 1,519 3,033 9,108
’21 909 1,567 1,279 2,067 5,822
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 48,587 21,400 — — —
’26 26,187 13,470 22,115 34,904 96,676
’25 14,976 13,511 16,814 15,552 60,853
’24 2,663 6,059 7,054 11,245 27,021
’23 1,370 837 (138) 1,739 3,808
’22 1,576 2,499 1,297 2,760 8,132
’21 754 1,350 806 1,784 4,694
Fiscal quarters ending in the months shown.

EPS $

Apr Jul Oct Jan Year
’26 2.39 2.46 — — —
’26 0.76 1.08 1.30 1.76 4.90
’25 0.60 0.67 0.78 0.89 2.94
’24 0.08 0.25 0.37 0.49 1.19
’23 0.06 0.03 0.03 0.06 0.17
’22 0.08 0.09 0.10 0.12 0.39
’21 0.04 0.02 0.05 0.06 0.17
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Price, $
Price, $ Low 2.38 3.11 3.19 4.52 11.57 10.81 14.03 47.32 86.62 164.27 +60.1% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
High 5.47 7.32 6.05 14.73 34.65 30.71 50.55 152.89 212.19 243.37 +52.5% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
People
People Employees 10,299 8,191 13,277 13,775 18,975 22,473 26,196 29,600 36,000 42,000 +16.9% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Revenue/emp, $m 0.67 1.19 0.88 0.79 0.88 1.20 1.03 2.06 3.62 5.14 +25.4% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Income, $m
Income, $m Revenue 6,910 9,714 11,716 10,918 16,675 26,914 26,974 60,922 130,497 215,938 +46.6% 411,653 692,206 903,185 +61.1%
Gross margin, % 58.80 59.93 61.21 61.99 62.34 64.93 56.93 72.72 74.99 71.07 +12.3 pt
EBT 1,905 3,196 3,896 2,970 4,409 9,941 4,181 33,818 84,026 141,450 +61.4%
EBT margin, % 27.57 32.90 33.25 27.20 26.44 36.94 15.50 55.51 64.39 65.50 +37.9 pt
Net income 1,666 3,047 4,141 2,796 4,332 9,752 4,368 29,760 72,880 120,067 +60.8%
Depreciation 187 199 262 381 1,098 1,174 1,544 1,508 1,864 2,843 +35.3%
Per share, $
Per share, $ Revenue 0.32 0.41 0.48 0.45 0.68 1.08 1.08 2.47 5.31 8.86 +44.7%
Earnings 0.08 0.13 0.17 0.11 0.18 0.39 0.18 1.21 2.97 4.93 +58.7%
Cash flow 0.08 0.15 0.15 0.20 0.24 0.36 0.23 1.14 2.61 4.22 +55.9%
Capex (0.01) (0.02) (0.02) (0.02) (0.05) (0.04) (0.07) (0.04) (0.13) (0.25) +46.9%
Free cash flow 0.07 0.12 0.13 0.18 0.19 0.33 0.15 1.09 2.48 3.97 +56.7%
Book value 0.27 0.31 0.38 0.50 0.68 1.07 0.89 1.74 3.23 6.46 +42.5%
Shares, m 21,640 23,960 24,320 24,390 24,670 24,960 24,870 24,690 24,555 24,359 +1.3%
Valuation, ×
Valuation, × P/E 36.11 48.50 21.07 51.53 75.48 62.63 111.66 51.02 40.37 37.65 53.6
P/S 8.55 15.17 7.45 13.20 19.59 22.71 18.02 24.94 22.59 20.94 17.3
P/B 10.25 19.72 9.35 11.81 19.34 22.97 21.99 35.35 37.17 28.74 21.7
EV/Sales 7.97 14.64 6.99 12.39 19.25 22.33 17.88 24.65 22.33 20.68 16.9
EV/FCF 36.65 48.87 26.05 31.66 68.39 73.91 126.67 55.57 47.88 46.20 56.2
Cash, $m
Cash, $m Operating cash flow 1,672 3,502 3,743 4,761 5,822 9,108 5,641 28,090 64,089 102,718 +58.0%
Capex (169) (591) (600) (489) (1,128) (976) (1,833) (1,069) (3,236) (6,042) +48.8%
Free cash flow 1,503 2,911 3,143 4,272 4,694 8,132 3,808 27,021 60,853 96,676 +58.8%
Balance, $m
Balance, $m Working capital 6,748 8,102 9,228 11,906 12,130 24,494 16,510 33,714 62,079 93,442 +33.9%
Total debt 2,810 2,000 1,988 1,991 5,964 10,946 9,703 8,459 8,463 7,469 +11.5%
Net debt (3,988) (5,108) (5,434) (8,906) (5,597) (10,262) (3,593) (17,525) (34,747) (55,087) +33.9%
Shareholders’ equity 5,762 7,471 9,342 12,204 16,893 26,612 22,101 42,978 79,327 157,293 +44.4%
Returns, %
Returns, % ROA 19.36 28.91 33.76 18.27 18.79 26.73 10.23 55.67 82.20 75.42 +56.1 pt
ROIC 68.14 84.90 60.84 53.93 25.08 38.38 14.26 80.96 114.19 79.73 +11.6 pt
ROE 32.57 46.05 49.26 25.95 29.78 44.83 17.93 91.46 119.18 101.49 +68.9 pt
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Earnings Trends EPS, adjusted, against the consensus

Q2 FY27 Estimate 2.09 Actual 2.22

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY26 1.24 1.30 Beat by 0.06
Q4 FY26 1.52 1.62 Beat by 0.10
Q1 FY27 1.77 1.87 Beat by 0.10
Q2 FY27 2.09 2.22 Beat by 0.13
Q3 FY27 2.49 — Reports 18 November 2026

Charts ten years each

NVIDIA Corporation vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NVDA NVIDIA Corporation $5.11T 26.6× 21.4× +105.85% (above 0%: growing) +128.70% (above 0%: growing) +58.87% (above 0%: growing) 74.98% 66.24%
TSM Taiwan Semiconductor Manufacturing Company Ltd. $2.14T 29.8× — +32.70% (above 0%: growing) +74.49% (above 0%: growing) +24.55% (above 0%: growing) 67.72% 60.34% Compare
AVGO Broadcom Inc. $1.54T 40.1× 35.5× +85.50% (above 0%: growing) +212.50% (above 0%: growing) +94.55% (above 0%: growing) 69.13% 53.92% Compare
MU Micron Technology, Inc. $969.1B 11.4× 5.1× +379.27% (above 0%: growing) +1,066.43% (above 0%: growing) +45,543.06% (above 0%: growing) 86.76% 80.68% Compare
SKHY SK Hynix, Inc. - Sponsored ADR $959.8B — — — — — 83.20% 76.33% Compare
AMD Advanced Micro Devices, Inc. $829.2B 129× 35.9× +50.11% (above 0%: growing) +161.11% (above 0%: growing) −8.73% (below 0%: shrinking) 53.77% 17.25% Compare
INTC Intel Corporation $451.9B — (loss-making) — (loss-making) +25.42% (above 0%: growing) n/m +396.67% (above 0%: growing) 40.36% 11.14% Compare
TXN Texas Instruments Incorporated $255.3B 42.1× 32.5× +22.82% (above 0%: growing) +51.75% (above 0%: growing) +300.18% (above 0%: growing) 61.36% 42.28% Compare
ARM ARM Holdings PLC Sponsored ADR $224.4B 217× 182× +22.41% (above 0%: growing) +108.33% (above 0%: growing) +305.85% (above 0%: growing) 97.21% 7.06% Compare
Median of peers $894.5B 41.1× 35.5× +32.70% +134.72% +300.18% 68.43% 48.10%

All 68 Semiconductors stocks →

NVDA metrics, ten years each

NVIDIA Corporation (NVDA) key facts

  • Strength: NVIDIA Corporation’s revenue for fiscal 2026 (year ended January 2026) was $215.9 billion, up 65.5% from fiscal 2025.
  • Strength: Net income was $120.1 billion, or $4.93 per share (basic), a net margin of 55.6%.
  • NVIDIA Corporation (NVDA) is a Semiconductors company in the Technology sector, listed on Nasdaq.
  • As of October 22, 2026, NVDA traded at $211.84, a market capitalization of $5.11 trillion.
  • At that price the stock trades at 26.6× trailing-twelve-month earnings and 16.9× sales; its P/E is higher than 5% of its own readings over the past ten years.
  • NVIDIA Corporation pays an annual dividend of $0.52 per share, a yield of 0.25%, with a payout ratio of 6.57%.
  • Return on equity was 101.5% and debt-to-equity 0.14.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 61.08 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

From the latest earnings call

Updated

  • Colette Kress said NVIDIA expects fiscal 2028 revenue to grow approximately 70% year over year, while supply remains a bottleneck through at least that fiscal year.
  • Kress said Q3 FY2027 revenue is expected to be $108.0 billion, with sequential growth led primarily by the ACINE portion of Data Center.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 69.68%
Held by the ten largest 36.62%
Holder Shares Stake Change
Vanguard 2.31b 9.58% +13.12m
BlackRock 1.94b 8.06% +16.39m
Fidelity (FMR) 1.03b 4.26% +32.20m
State Street 1.01b 4.19% +15.90m
Geode Capital Management 606.22m 2.52% +4.89m
JPMorgan Chase 449.40m 1.86% +1.61m
Capital Group 409.44m 1.70% −16.12m
T. Rowe Price 386.70m 1.60% −2.84m
Morgan Stanley 356.42m 1.48% +13.47m
Invesco 329.59m 1.37% +2.10m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

NVIDIA Corporation (NVDA) Latest News

23 Oct

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22 Oct

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stockrow.com/NVDA · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com