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Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
2
BUY 58
HOLD 16
SELL 3
STRONG
SELL
0
| PRICE TARGET: $265.21 DETAILS
HIGH: $352.00
LOW: $140.00
MEDIAN: $272.00
CONSENSUS: $265.21
UPSIDE: 42.51%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue 130,497.0 60,922.0 26,974.0 26,914.0 16,675.0 10,918.0 11,716.0 9,714.0 6,910.0 5,010.0
Cost of Revenue 32,639.0 16,621.0 11,618.0 9,439.0 6,279.0 4,150.0 4,545.0 3,892.0 2,847.0 2,199.0
Gross Profit 97,858.0 44,301.0 15,356.0 17,475.0 10,396.0 6,768.0 7,171.0 5,822.0 4,063.0 2,811.0
Operating Expenses
R&D Expenses 12,914.0 8,675.0 7,339.0 5,268.0 3,924.0 2,829.0 2,376.0 1,797.0 1,463.0 1,331.0
SG&A Expenses 3,491.0 2,654.0 2,440.0 2,166.0 1,940.0 1,093.0 991.0 815.0 663.0 602.0
Other Expenses 0.0 0.0 1,353.0 0.0 0.0 0.0 0.0 0.0 3.0 131.0
Operating Expenses 16,405.0 11,329.0 11,132.0 7,434.0 5,864.0 3,922.0 3,367.0 2,612.0 2,129.0 2,064.0
Operating Income
Operating Income 81,453.0 32,972.0 4,224.0 10,041.0 4,532.0 2,846.0 3,804.0 3,210.0 1,934.0 747.0
Interest Expense 247.0 257.0 262.0 236.0 184.0 52.0 58.0 61.0 58.0 47.0
Interest Income 1,786.0 866.0 267.0 29.0 57.0 178.0 136.0 69.0 54.0 39.0
Profitability
EBITDA 86,137.0 35,583.0 5,986.0 11,351.0 5,691.0 3,403.0 4,216.0 3,456.0 2,150.0 987.0
EBIT 84,273.0 34,075.0 4,443.0 10,177.0 4,593.0 3,022.0 3,954.0 3,257.0 1,963.0 790.0
Income Before Tax 84,026.0 33,818.0 4,181.0 9,941.0 4,409.0 2,970.0 3,896.0 3,196.0 1,905.0 743.0
Income Tax Expense 11,146.0 4,058.0 (187.0) 189.0 77.0 174.0 (245.0) 149.0 239.0 129.0
Net Income 72,880.0 29,760.0 4,368.0 9,752.0 4,332.0 2,796.0 4,141.0 3,047.0 1,666.0 614.0
Per Share Data
EPS (Basic) 2.97 1.21 0.18 0.39 0.18 0.12 0.17 0.13 0.08 0.03
EPS (Diluted) 2.94 1.19 0.17 0.38 0.17 0.11 0.17 0.12 0.06 0.03
Shares Outstanding 24,555.0 24,690.0 24,870.0 24,960.0 24,680.0 24,360.0 24,320.0 23,960.0 21,640.0 21,720.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 8,589.0 7,280.0 3,389.0 1,990.0 847.0 10,896.0 782.0 4,002.0 1,766.0 596.0
Short-Term Investments 34,621.0 18,704.0 9,907.0 19,218.0 10,714.0 1.0 6,640.0 3,106.0 5,032.0 4,441.0
Net Receivables 23,065.0 9,999.0 3,827.0 4,650.0 2,429.0 1,657.0 1,424.0 1,265.0 826.0 505.0
Inventory 10,080.0 5,282.0 5,159.0 2,605.0 1,826.0 979.0 1,575.0 796.0 794.0 418.0
Other Current Assets 3,771.0 3,080.0 791.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total Current Assets 80,126.0 44,345.0 23,073.0 28,829.0 16,055.0 13,690.0 10,557.0 9,255.0 8,536.0 6,053.0
Non-Current Assets
Property, Plant & Equipment 8,076.0 5,260.0 4,845.0 3,607.0 2,856.0 2,292.0 1,404.0 997.0 521.0 466.0
Goodwill 5,188.0 4,430.0 4,372.0 4,349.0 4,193.0 618.0 618.0 618.0 618.0 618.0
Intangible Assets 807.0 1,112.0 1,676.0 2,339.0 2,737.0 49.0 45.0 52.0 104.0 166.0
Long-Term Investments 3,387.0 1,321.0 299.0 266.0 144.0 77.0 0.0 0.0 0.0 0.0
Other Non-Current Assets 3,038.0 3,179.0 3,521.0 3,575.0 2,000.0 41.0 108.0 74.0 62.0 67.0
Total Non-Current Assets 31,475.0 21,383.0 18,109.0 15,358.0 12,736.0 3,625.0 2,735.0 1,986.0 1,305.0 1,317.0
Total Assets 111,601.0 65,728.0 41,182.0 44,187.0 28,791.0 17,315.0 13,292.0 11,241.0 9,841.0 7,370.0
Current Liabilities
Account Payables 6,310.0 2,699.0 1,193.0 1,783.0 1,149.0 687.0 511.0 596.0 485.0 296.0
Short-Term Debt 0.0 1,250.0 1,250.0 0.0 999.0 0.0 0.0 15.0 827.0 1,500.0
Deferred Revenue 837.0 764.0 354.0 300.0 288.0 141.0 92.0 53.0 85.0 322.0
Other Current Liabilities 1,601.0 614.0 177.0 371.0 389.0 29.0 61.0 36.0 211.0 171.0
Total Current Liabilities 18,047.0 10,631.0 6,563.0 4,335.0 3,925.0 1,784.0 1,329.0 1,153.0 1,819.0 2,438.0
Non-Current Liabilities
Long-Term Debt 8,463.0 8,459.0 9,703.0 10,946.0 5,964.0 1,991.0 1,988.0 1,985.0 1,983.0 0.0
Deferred Tax Liabilities 886.0 462.0 247.0 245.0 241.0 29.0 19.0 18.0 141.0 301.0
Other Non-Current Liabilities 2,383.0 1,506.0 1,448.0 1,106.0 971.0 686.0 568.0 599.0 126.0 108.0
Total Non-Current Liabilities 14,227.0 12,119.0 12,518.0 13,240.0 7,973.0 3,327.0 2,621.0 2,617.0 2,260.0 463.0
Total Liabilities 32,274.0 22,750.0 19,081.0 17,575.0 11,898.0 5,111.0 3,950.0 3,770.0 4,079.0 2,901.0
Stockholders' Equity
Common Stock 24.0 25.0 2.0 3.0 3.0 1.0 1.0 1.0 1.0 1.0
Retained Earnings 68,038.0 29,817.0 10,171.0 16,235.0 18,908.0 14,971.0 12,565.0 8,787.0 6,108.0 4,350.0
Accumulated Other Comprehensive Income 28.0 27.0 (43.0) (11.0) 19.0 1.0 (12.0) (18.0) (16.0) (4.0)
Total Stockholders' Equity 79,327.0 42,978.0 22,101.0 26,612.0 16,893.0 12,204.0 9,342.0 7,471.0 5,762.0 4,469.0
Total Liabilities & Equity 111,601.0 65,728.0 41,182.0 44,187.0 28,791.0 17,315.0 13,292.0 11,241.0 9,841.0 7,370.0
Debt Metrics
Total Debt 10,270.0 11,056.0 12,031.0 11,831.0 7,718.0 2,643.0 1,988.0 2,000.0 2,816.0 1,510.0
Net Debt 1,681.0 3,776.0 8,642.0 9,841.0 6,871.0 (8,253.0) 1,206.0 (2,002.0) 1,050.0 914.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 72,880.0 29,760.0 4,368.0 9,752.0 4,332.0 2,796.0 4,141.0 3,047.0 1,666.0 614.0
Depreciation & Amortization 1,864.0 1,508.0 1,544.0 1,174.0 1,098.0 381.0 262.0 199.0 187.0 197.0
Stock-Based Compensation 4,737.0 3,549.0 2,709.0 2,004.0 1,397.0 844.0 557.0 391.0 247.0 204.0
Change in Working Capital (9,383.0) (3,722.0) (2,207.0) (3,363.0) (703.0) 717.0 (857.0) 185.0 (679.0) (51.0)
Other Non-Cash Items (1,532.0) (516.0) 1,391.0 (53.0) (20.0) 5.0 (45.0) 39.0 54.0 77.0
Operating Cash Flow 64,089.0 28,090.0 5,641.0 9,108.0 5,822.0 4,761.0 3,743.0 3,502.0 1,672.0 1,175.0
Investing Activities
Capital Expenditure (3,236.0) (1,069.0) (1,833.0) (976.0) (1,128.0) (489.0) (600.0) (593.0) (176.0) (86.0)
Acquisitions (1,007.0) (83.0) (49.0) (263.0) (8,524.0) (4.0) 0.0 0.0 0.0 0.0
Purchases of Investments (28,061.0) (19,073.0) (11,982.0) (24,811.0) (19,342.0) (1,471.0) (11,157.0) (72.0) (3,139.0) (3,483.0)
Sales/Maturities of Investments 11,861.0 9,783.0 21,239.0 16,220.0 9,319.0 8,109.0 7,660.0 1,941.0 2,515.0 3,138.0
Other Investing Activities 22.0 (124.0) 0.0 0.0 0.0 0.0 0.0 2.0 7.0 31.0
Investing Cash Flow (20,421.0) (10,566.0) 7,375.0 (9,830.0) (19,675.0) 6,145.0 (4,097.0) 1,278.0 (793.0) (400.0)
Financing Activities
Net Debt Issuance (1,250.0) (1,250.0) 0.0 3,977.0 4,968.0 0.0 (16.0) (812.0) (673.0) 0.0
Stock Repurchased (33,706.0) (9,533.0) (10,039.0) 0.0 0.0 0.0 (1,579.0) (909.0) (739.0) (587.0)
Dividends Paid (834.0) (395.0) (398.0) (399.0) (395.0) (390.0) (371.0) (341.0) (261.0) (213.0)
Other Financing Activities (6,569.0) (2,455.0) (1,180.0) (1,994.0) (963.0) (551.0) (900.0) (482.0) 1,964.0 127.0
Financing Cash Flow (42,359.0) (13,633.0) (11,617.0) 1,865.0 3,804.0 (792.0) (2,866.0) (2,544.0) 291.0 (676.0)
Cash Position
Net Change in Cash 1,309.0 3,891.0 1,399.0 1,143.0 (10,049.0) 10,114.0 (3,220.0) 2,236.0 1,170.0 99.0
Cash at Beginning 7,280.0 3,389.0 1,990.0 847.0 10,896.0 782.0 4,002.0 1,766.0 596.0 497.0
Cash at End 8,589.0 7,280.0 3,389.0 1,990.0 847.0 10,896.0 782.0 4,002.0 1,766.0 596.0
Free Cash Flow 60,853.0 27,021.0 3,808.0 8,132.0 4,694.0 4,272.0 3,143.0 2,909.0 1,496.0 1,089.0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Income Statement
Revenue 130,497.0 60,922.0 26,974.0 26,914.0 16,675.0 10,918.0 11,716.0 9,714.0 6,910.0 5,010.0
Gross Profit 97,858.0 44,301.0 15,356.0 17,475.0 10,396.0 6,768.0 7,171.0 5,822.0 4,063.0 2,811.0
Operating Income 81,453.0 32,972.0 4,224.0 10,041.0 4,532.0 2,846.0 3,804.0 3,210.0 1,934.0 747.0
Net Income 72,880.0 29,760.0 4,368.0 9,752.0 4,332.0 2,796.0 4,141.0 3,047.0 1,666.0 614.0
EPS (Diluted) 2.94 1.19 0.17 0.38 0.17 0.11 0.17 0.12 0.06 0.03
Balance Sheet
Cash & Equivalents 8,589.0 7,280.0 3,389.0 1,990.0 847.0 10,896.0 782.0 4,002.0 1,766.0 596.0
Total Assets 111,601.0 65,728.0 41,182.0 44,187.0 28,791.0 17,315.0 13,292.0 11,241.0 9,841.0 7,370.0
Total Debt 10,270.0 11,056.0 12,031.0 11,831.0 7,718.0 2,643.0 1,988.0 2,000.0 2,816.0 1,510.0
Stockholders' Equity 79,327.0 42,978.0 22,101.0 26,612.0 16,893.0 12,204.0 9,342.0 7,471.0 5,762.0 4,469.0
Cash Flow
Operating Cash Flow 64,089.0 28,090.0 5,641.0 9,108.0 5,822.0 4,761.0 3,743.0 3,502.0 1,672.0 1,175.0
Capital Expenditure (3,236.0) (1,069.0) (1,833.0) (976.0) (1,128.0) (489.0) (600.0) (593.0) (176.0) (86.0)
Free Cash Flow 60,853.0 27,021.0 3,808.0 8,132.0 4,694.0 4,272.0 3,143.0 2,909.0 1,496.0 1,089.0