
NVIDIA Corp
NASDAQ:NVDA

Income Statement
Earnings Waterfall
NVIDIA Corp
Revenue
|
130.5B
USD
|
Cost of Revenue
|
-32B
USD
|
Gross Profit
|
98.5B
USD
|
Operating Expenses
|
-16.4B
USD
|
Operating Income
|
82.1B
USD
|
Other Expenses
|
-9.2B
USD
|
Net Income
|
72.9B
USD
|
Income Statement
NVIDIA Corp
Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | May-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | May-2021 | Aug-2021 | Oct-2021 | Jan-2022 | May-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
47
|
47
|
47
|
48
|
47
|
48
|
48
|
52
|
58
|
63
|
66
|
65
|
61
|
60
|
59
|
59
|
58
|
56
|
55
|
53
|
52
|
64
|
105
|
145
|
184
|
213
|
219
|
228
|
236
|
251
|
256
|
259
|
262
|
260
|
260
|
258
|
257
|
255
|
251
|
249
|
247
|
|
Revenue |
4 682
N/A
|
4 730
+1%
|
4 780
+1%
|
4 860
+2%
|
5 010
+3%
|
5 164
+3%
|
5 439
+5%
|
6 138
+13%
|
6 910
+13%
|
7 542
+9%
|
8 344
+11%
|
8 976
+8%
|
9 714
+8%
|
10 984
+13%
|
11 877
+8%
|
12 422
+5%
|
11 716
-6%
|
10 729
-8%
|
10 185
-5%
|
10 018
-2%
|
10 918
+9%
|
11 778
+8%
|
13 065
+11%
|
14 777
+13%
|
16 675
+13%
|
19 256
+15%
|
21 897
+14%
|
24 274
+11%
|
26 914
+11%
|
29 541
+10%
|
29 738
+1%
|
28 566
-4%
|
26 974
-6%
|
25 878
-4%
|
32 681
+26%
|
44 870
+37%
|
60 922
+36%
|
79 774
+31%
|
96 307
+21%
|
113 269
+18%
|
130 497
+15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 082)
|
(2 082)
|
(2 117)
|
(2 139)
|
(2 199)
|
(2 254)
|
(2 337)
|
(2 587)
|
(2 847)
|
(3 080)
|
(3 406)
|
(3 652)
|
(3 892)
|
(4 244)
|
(4 464)
|
(4 657)
|
(4 545)
|
(4 330)
|
(4 220)
|
(4 058)
|
(4 150)
|
(4 302)
|
(4 855)
|
(5 523)
|
(6 157)
|
(7 236)
|
(7 937)
|
(8 643)
|
(8 793)
|
(10 265)
|
(11 762)
|
(12 044)
|
(10 921)
|
(11 305)
|
(11 561)
|
(13 527)
|
(15 998)
|
(19 576)
|
(22 856)
|
(26 907)
|
(32 037)
|
|
Gross Profit |
2 600
N/A
|
2 648
+2%
|
2 663
+1%
|
2 721
+2%
|
2 811
+3%
|
2 910
+4%
|
3 102
+7%
|
3 551
+14%
|
4 063
+14%
|
4 462
+10%
|
4 938
+11%
|
5 324
+8%
|
5 822
+9%
|
6 740
+16%
|
7 413
+10%
|
7 765
+5%
|
7 171
-8%
|
6 399
-11%
|
5 965
-7%
|
5 960
0%
|
6 768
+14%
|
7 476
+10%
|
8 210
+10%
|
9 254
+13%
|
10 518
+14%
|
12 020
+14%
|
13 960
+16%
|
15 631
+12%
|
18 121
+16%
|
19 276
+6%
|
17 976
-7%
|
16 522
-8%
|
16 053
-3%
|
14 573
-9%
|
21 120
+45%
|
31 343
+48%
|
44 924
+43%
|
60 198
+34%
|
73 451
+22%
|
86 362
+18%
|
98 460
+14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 841)
|
(1 865)
|
(1 878)
|
(1 895)
|
(1 933)
|
(1 960)
|
(1 998)
|
(2 061)
|
(2 126)
|
(2 217)
|
(2 324)
|
(2 454)
|
(2 612)
|
(2 789)
|
(2 993)
|
(3 182)
|
(3 367)
|
(3 532)
|
(3 684)
|
(3 810)
|
(3 922)
|
(4 012)
|
(4 666)
|
(5 239)
|
(5 836)
|
(6 508)
|
(6 655)
|
(7 053)
|
(7 434)
|
(7 970)
|
(8 615)
|
(9 231)
|
(9 779)
|
(10 077)
|
(10 323)
|
(10 730)
|
(11 329)
|
(12 319)
|
(13 589)
|
(14 893)
|
(16 408)
|
|
Selling, General & Administrative |
(481)
|
(501)
|
(531)
|
(559)
|
(602)
|
(621)
|
(629)
|
(648)
|
(663)
|
(689)
|
(730)
|
(771)
|
(815)
|
(862)
|
(901)
|
(947)
|
(991)
|
(1 025)
|
(1 054)
|
(1 073)
|
(1 093)
|
(1 123)
|
(1 484)
|
(1 722)
|
(1 912)
|
(2 165)
|
(2 064)
|
(2 106)
|
(2 166)
|
(2 238)
|
(2 304)
|
(2 378)
|
(2 440)
|
(2 481)
|
(2 511)
|
(2 569)
|
(2 654)
|
(2 800)
|
(3 020)
|
(3 228)
|
(3 491)
|
|
Research & Development |
(1 360)
|
(1 364)
|
(1 347)
|
(1 336)
|
(1 331)
|
(1 339)
|
(1 369)
|
(1 413)
|
(1 463)
|
(1 528)
|
(1 594)
|
(1 683)
|
(1 797)
|
(1 927)
|
(2 092)
|
(2 235)
|
(2 376)
|
(2 507)
|
(2 630)
|
(2 737)
|
(2 829)
|
(2 889)
|
(3 182)
|
(3 517)
|
(3 924)
|
(4 343)
|
(4 591)
|
(4 947)
|
(5 268)
|
(5 732)
|
(6 311)
|
(6 853)
|
(7 339)
|
(7 596)
|
(7 812)
|
(8 161)
|
(8 675)
|
(9 519)
|
(10 569)
|
(11 665)
|
(12 914)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
|
Operating Income |
759
N/A
|
783
+3%
|
785
+0%
|
825
+5%
|
878
+6%
|
950
+8%
|
1 104
+16%
|
1 490
+35%
|
1 937
+30%
|
2 245
+16%
|
2 614
+16%
|
2 870
+10%
|
3 210
+12%
|
3 951
+23%
|
4 420
+12%
|
4 583
+4%
|
3 804
-17%
|
2 867
-25%
|
2 281
-20%
|
2 150
-6%
|
2 846
+32%
|
3 464
+22%
|
3 544
+2%
|
4 015
+13%
|
4 682
+17%
|
5 512
+18%
|
7 305
+33%
|
8 578
+17%
|
10 687
+25%
|
11 306
+6%
|
9 361
-17%
|
7 291
-22%
|
6 274
-14%
|
4 496
-28%
|
10 797
+140%
|
20 613
+91%
|
33 595
+63%
|
47 879
+43%
|
59 862
+25%
|
71 469
+19%
|
82 052
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(16)
|
(14)
|
(12)
|
(8)
|
(11)
|
(8)
|
(23)
|
(29)
|
(44)
|
(48)
|
(29)
|
8
|
13
|
35
|
56
|
78
|
99
|
115
|
125
|
126
|
100
|
25
|
(53)
|
(127)
|
(56)
|
(75)
|
(76)
|
(159)
|
(311)
|
(277)
|
(218)
|
(56)
|
81
|
229
|
388
|
609
|
819
|
1 080
|
1 320
|
1 539
|
|
Non-Reccuring Items |
0
|
0
|
(89)
|
(97)
|
(131)
|
(132)
|
(45)
|
(37)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(150)
|
0
|
0
|
0
|
(646)
|
(1 353)
|
(1 353)
|
(1 353)
|
(2 050)
|
0
|
0
|
0
|
(623)
|
(139)
|
(280)
|
(435)
|
(599)
|
|
Total Other Income |
(3)
|
(4)
|
(2)
|
1
|
4
|
5
|
6
|
3
|
0
|
0
|
0
|
0
|
(22)
|
6
|
11
|
12
|
14
|
8
|
4
|
3
|
(2)
|
(2)
|
(4)
|
(8)
|
4
|
15
|
26
|
44
|
59
|
60
|
52
|
38
|
13
|
8
|
65
|
(1)
|
237
|
329
|
459
|
561
|
1 034
|
|
Pre-Tax Income |
755
N/A
|
764
+1%
|
681
-11%
|
717
+5%
|
743
+4%
|
812
+9%
|
1 057
+30%
|
1 433
+36%
|
1 905
+33%
|
2 199
+15%
|
2 566
+17%
|
2 841
+11%
|
3 196
+12%
|
3 970
+24%
|
4 466
+12%
|
4 651
+4%
|
3 896
-16%
|
2 974
-24%
|
2 400
-19%
|
2 278
-5%
|
2 970
+30%
|
3 562
+20%
|
3 565
+0%
|
3 954
+11%
|
4 409
+12%
|
5 471
+24%
|
7 256
+33%
|
8 546
+18%
|
9 941
+16%
|
9 702
-2%
|
7 783
-20%
|
5 758
-26%
|
4 181
-27%
|
4 585
+10%
|
11 091
+142%
|
21 000
+89%
|
33 818
+61%
|
48 888
+45%
|
61 121
+25%
|
72 915
+19%
|
84 026
+15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(125)
|
(136)
|
(155)
|
(118)
|
(129)
|
(124)
|
(134)
|
(214)
|
(239)
|
(235)
|
(280)
|
(259)
|
(282)
|
(319)
|
(297)
|
(228)
|
(123)
|
(51)
|
(26)
|
(97)
|
(174)
|
(243)
|
(176)
|
(128)
|
(77)
|
(144)
|
(177)
|
(339)
|
(189)
|
(243)
|
(42)
|
199
|
187
|
208
|
(766)
|
(2 112)
|
(4 058)
|
(6 291)
|
(8 113)
|
(9 841)
|
(11 146)
|
|
Income from Continuing Operations |
631
|
628
|
526
|
599
|
614
|
688
|
923
|
1 219
|
1 666
|
1 964
|
2 286
|
2 582
|
2 914
|
3 651
|
4 169
|
4 423
|
3 773
|
2 923
|
2 374
|
2 181
|
2 796
|
3 319
|
3 389
|
3 826
|
4 332
|
5 327
|
7 079
|
8 207
|
9 752
|
9 459
|
7 741
|
5 957
|
4 368
|
4 793
|
10 325
|
18 888
|
29 760
|
42 597
|
53 008
|
63 074
|
72 880
|
|
Net Income (Common) |
631
N/A
|
628
0%
|
526
-16%
|
599
+14%
|
614
+2%
|
688
+12%
|
923
+34%
|
1 219
+32%
|
1 666
+37%
|
1 964
+18%
|
2 286
+16%
|
2 582
+13%
|
3 047
+18%
|
3 784
+24%
|
4 302
+14%
|
4 694
+9%
|
4 141
-12%
|
3 291
-21%
|
2 742
-17%
|
2 411
-12%
|
2 796
+16%
|
3 319
+19%
|
3 389
+2%
|
3 826
+13%
|
4 332
+13%
|
5 327
+23%
|
7 079
+33%
|
8 207
+16%
|
9 752
+19%
|
9 459
-3%
|
7 741
-18%
|
5 957
-23%
|
4 368
-27%
|
4 793
+10%
|
10 325
+115%
|
18 888
+83%
|
29 760
+58%
|
42 597
+43%
|
53 008
+24%
|
63 074
+19%
|
72 880
+16%
|
|
EPS (Diluted) |
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.04
+33%
|
0.05
+25%
|
0.06
+20%
|
0.07
+17%
|
0.08
+14%
|
0.09
+13%
|
0.12
+33%
|
0.14
+17%
|
0.16
+14%
|
0.17
+6%
|
0.15
-12%
|
0.13
-13%
|
0.11
-15%
|
0.09
-18%
|
0.11
+22%
|
0.14
+27%
|
0.14
N/A
|
0.15
+7%
|
0.17
+13%
|
0.21
+24%
|
0.28
+33%
|
0.33
+18%
|
0.38
+15%
|
0.37
-3%
|
0.31
-16%
|
0.24
-23%
|
0.17
-29%
|
0.2
+18%
|
0.42
+110%
|
0.76
+81%
|
1.19
+57%
|
1.71
+44%
|
2.13
+25%
|
2.54
+19%
|
2.94
+16%
|