NVDA

NVIDIA CORP

Technology • CIK: 0001045810

Loading...

Market Cap
$4.57T
P/E (TTM)
38.1x
Rev Growth (TTM)
+65.5%
Net Margin (TTM)
55.6%
FCF Yield (TTM)
2.1%
FCF Margin (TTM)
44.8%

LATEST EARNINGS

•
Q4 FY2026
•
3 months ago
•View source
Revenue
$68.13B
+73.2%
Net Income
$42.96K
+94.5%
EPS
$1.76
+97.8%
Gross
75.0%↑ +2.0%
Operating
65.0%↑ +3.9%
Net
63.1%↑ +6.9%
  • •Record quarterly revenue of $68.1 billion, up 73% year-over-year, driven by strong Data Center performance.
  • •Data Center revenue reached a record $62.3 billion, up 75% year-over-year, fueled by AI and accelerated computing demand.
  • •Full-year revenue grew 65% to a record $215.9 billion.
  • •GAAP gross margin improved to 75.0% in Q4 FY26 from 73.0% in Q4 FY25.
View Full Earnings →

Cash Flow Health

Free Cash Flow8/8 positive
TTM$96.7B
Q4 '26
$34.9B+58%
Q3 '26
$22.1B+64%
FCF Margin
TTM44.8%
Q4 '2651.2%+32%
Sector: 8.5%Top 10%
OCF Margin47.6%
OCF/NI0.86x
CapEx Coverage17.0x
FCF Yield2.1%
FCF Growth (2Y)+142%
Cash Conversion Cycle
90 days
DSO: 48+DIO: 90−DPO: 48
View Latest Filing →View Full Cash Flow Statement →

Capital Allocation & Returns

Growth Focused
Total Shareholder YieldTTM
TTM0.9%
Div Yield0.0%
+
Buyback (TTM)0.9%

Prioritizing reinvestment over distributions

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
FCF Payout Ratio1.0%
Free Cash Flow (TTM)$96.7B
Stock Repurchases (TTM)$40.1B
Capital Return / FCF42.5%
Est. Dividends Paid (TTM)$974.4M
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
97.3%
Moderate
-0.1% YoY-5.5%
P25MedianP75
75th pctl (med: 0.0%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
51.3%
8Q: 53.6%
Asset Turnover
1.47x
8Q: 1.48x
Leverage (1+D/E)
1.05x
D/E: 0.05x
DuPont: 79.6% ≈ 97.3% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
25.12x
8Q:26.67x
-198.0%
Invested Cap Turn
2.23x
8Q:2.25x
Flat
CapEx Intensity
6.2%
8Q:6.2%
CapEx/Depreciation
3.46x
Depreciation Rate Trend
⚠ Declining -7.6%
Asset-based ROIC formula
Full Analysis

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Revenue
$215.9B
$68.1B↑19.5%
$57.0B↑22.0%
$46.7B↑6.1%
$44.1B↑12.0%
$39.3B↑12.1%
$35.1B↑16.8%
$30.0B↑15.3%
$26.0B
Operating Income
$130.4B
$44.3B↑23.0%
$36.0B↑26.6%
$28.4B↑31.4%
$21.6B↓10.0%
$24.0B↑9.9%
$21.9B↑17.3%
$18.6B↑10.2%
$16.9B
Net Income
$120.1B
$43.0B↑34.6%
$31.9B↑20.8%
$26.4B↑40.7%
$18.8B↓15.0%
$22.1B↑14.4%
$19.3B↑16.3%
$16.6B↑11.5%
$14.9B
Operating Cash Flow
$102.7B
$36.2B↑52.4%
$23.8B↑54.6%
$15.4B↓44.0%
$27.4B↑64.9%
$16.6B↓5.7%
$17.6B↑21.7%
$14.5B↓5.6%
$15.3B
Free Cash Flow
$96.7B
$34.9B↑57.8%
$22.1B↑64.2%
$13.5B↓48.6%
$26.2B↑68.4%
$15.6B↓7.5%
$16.8B↑24.4%
$13.5B↓9.8%
$15.0B
Total Equity
N/A
Income StatementCash Flow StatementBalance Sheet

Valuation Analysis

Fair Value
Price-to-EarningsTTM
38.1x
Volatile
8Q: 159.6x-80698%
Valuation Lenses
Earnings
38.1x
vs – sector
Cash Flow
46.9x
EV/FCF vs –
Growth-Adj
0.6xPEG
Undervalued for growth
Quality-Adj
0.4P/E per %ROIC
ROIC: 97.3%
Shareholder Returns
Dividend
0.0%
Buyback
0.9%
Total Yield
0.9%
Market Cap$4.57T
EV$4.53T
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
84/100
Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 10%
1.1%
8Q:–
Return on Invested Capital (ROIC)Top 25%
97.3%
8Q:–
-5.5%
vs Sector:0.0%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 51.3%
Asset Turnover: 1.47x

Earnings Quality

Cash Conversion

0.86x

OCF / Net Income

FCF Consistency

–

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin71.1%

Capital Efficiency

Invested Capital Turnover2.23x

Working Capital

Cash Conversion Cycle90 days

Growth Quality & Momentum

Quality Growth
Growth Quality Score
80/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
65.5%
OpInc Growth YoY
84.3%
EPS Growth YoY
66.1%
FCF 3Y CAGR
142.0%

Growth Quality Analysis

✓Efficient Growth: Free cash flow growing faster than revenue
✓Sustainability Index: 8.5/10 - Highly sustainable growth

Margin Quality & Sustainability

Moderate
Profitability Cascade
Gross
71.1%
Operating
60.4%
Top 25% in sector
Net
55.6%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
—
FCF vs Net Gap
-10.8 pts
FCF: 44.8% | Net: 55.6%
FCF margin lags net margin by 10.8 pts

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $2.14B
Interest Coverage
–
+Net cash position: $2.14B
Leverage Metrics
Debt-to-Equity
0.05x
Balance sheet risk & solvency analysis

Research

All research