SuperworthNVIDIA profit margin NVDA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2000.
- Net margin, 12 months
- 63.7%
- Operating margin, 12 months
- 65.2%
- Net margin on a year earlier
- +11.2 pts
- Peer median
- 42.9%
Over the twelve months to Jul 26, 2026, NVIDIA kept 63.7% of its revenue as net profit, with an operating margin of 65.2% and a gross margin of 74.7%.
Five years earlier its net margin was 32.3%.
The median for 3 semiconductor stocks of a similar size is 42.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 55.6% | 60.4% | 71.1% |
| FY2025 | 55.8% | 62.4% | 75.0% |
| FY2024 | 48.8% | 54.1% | 72.7% |
| FY2023 | 16.2% | 15.7% | 56.9% |
| FY2022 | 36.2% | 37.3% | 64.9% |
| FY2021 | 26.0% | 27.2% | 62.3% |
| FY2020 | 25.6% | 26.1% | 62.0% |
| FY2019 | 35.4% | 32.5% | 61.2% |
| FY2018 | 31.4% | 33.0% | 59.9% |
| FY2017 | 24.1% | 28.0% | 58.8% |
| FY2016 | 12.3% | 15.0% | 56.1% |
| FY2015 | 13.5% | 16.2% | 55.5% |
| FY2014 | 10.7% | 12.0% | 54.9% |
| FY2013 | 13.1% | 15.1% | 52.0% |
| FY2012 | 14.5% | 16.2% | 51.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 63.7% | +11.2 pts | 65.2% | |
| Q1 FY27 | 63.0% | +11.3 pts | 64.0% | |
| Q4 FY26 | 55.6% | −0.2 pts | 60.4% | |
| Q3 FY26 | 53.0% | −2.7 pts | 58.8% | |
| Q2 FY26 | 52.4% | −2.6 pts | 58.1% | |
| Q1 FY26 | 51.7% | −1.7 pts | 58.0% | |
| Q4 FY25 | 55.8% | +7.0 pts | 62.4% | |
| Q3 FY25 | 55.7% | +13.6 pts | 62.7% | |
| Q2 FY25 | 55.0% | +23.4 pts | 61.9% | |
| Q1 FY25 | 53.4% | +34.9 pts | 59.8% | |
| Q4 FY24 | 48.8% | +32.7 pts | 54.1% | |
| Q3 FY24 | 42.1% | +21.2 pts | 45.9% |
Against its peers
Companies in Semiconductors nearest NVIDIA's size, closest first, today.
| Company | Profit margin |
|---|---|
| NVDANVIDIA | 63.7% |
| AVGOBroadcom | 42.9% |
| MUMicron Technology | 63.8% |
| AMDAdvanced Micro Devices | 15.6% |
| Peer median | 42.9% |
Where NVIDIA ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on NVIDIA
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.