Nvidia annual gross margin
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Nvidia Gross Margin Growth & History (NVDA)
Nvidia's gross margin was 71.07% for fiscal 2026.
View full Nvidia company overviewNvidia annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-25 | 71.07% | −3.92 pp |
| 2025 | 2025-01-26 | 74.99% | +2.27 pp |
| 2024 | 2024-01-28 | 72.72% | +15.79 pp |
| 2023 | 2023-01-29 | 56.93% | −8.00 pp |
| 2022 | 2022-01-30 | 64.93% | +2.58 pp |
| 2021 | 2021-01-31 | 62.34% | +0.36 pp |
| 2020 | 2020-01-26 | 61.99% | +0.78 pp |
| 2019 | 2019-01-27 | 61.21% | +1.27 pp |
| 2018 | 2018-01-28 | 59.93% | +1.14 pp |
| 2017 | 2017-01-29 | 58.80% | +2.69 pp |
| 2016 | 2016-01-31 | 56.11% | +0.60 pp |
| 2015 | 2015-01-25 | 55.51% | +0.60 pp |
| 2014 | 2014-01-26 | 54.92% | +2.90 pp |
| 2013 | 2013-01-27 | 52.02% | +0.58 pp |
| 2012 | 2012-01-29 | 51.44% | +11.67 pp |
| 2011 | 2011-01-30 | 39.77% | +4.39 pp |
| 2010 | 2010-01-31 | 35.38% | +1.09 pp |
| 2009 | 2009-01-25 | 34.29% | −11.33 pp |
| 2008 | 2008-01-27 | 45.62% | — |
Nvidia quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-04-26 | 74.93% | +14.41 pp |
| Q4 2026 | 2026-01-25 | 75.00% | +1.97 pp |
| Q3 2026 | 2025-10-26 | 73.41% | −1.15 pp |
| Q2 2026 | 2025-07-27 | 72.42% | −2.72 pp |
| Q1 2026 | 2025-04-27 | 60.52% | −17.83 pp |
| Q4 2025 | 2025-01-26 | 73.03% | −2.94 pp |
| Q3 2025 | 2024-10-27 | 74.56% | +0.61 pp |
| Q2 2025 | 2024-07-28 | 75.15% | +5.09 pp |
| Q1 2025 | 2024-04-28 | 78.35% | +13.72 pp |
| Q4 2024 | 2024-01-28 | 75.97% | +12.62 pp |
| Q3 2024 | 2023-10-29 | 73.95% | +20.39 pp |
| Q2 2024 | 2023-07-30 | 70.05% | +26.57 pp |
| Q1 2024 | 2023-04-30 | 64.63% | −0.90 pp |
| Q4 2023 | 2023-01-29 | 63.34% | −2.07 pp |
| Q3 2023 | 2022-10-30 | 53.57% | −11.63 pp |
| Q2 2023 | 2022-07-31 | 43.48% | −21.29 pp |
| Q1 2023 | 2022-05-01 | 65.53% | +1.42 pp |
| Q4 2022 | 2022-01-30 | 65.42% | +2.32 pp |
| Q3 2022 | 2021-10-31 | 65.20% | +2.57 pp |
| Q2 2022 | 2021-08-01 | 64.78% | +5.93 pp |
| Q1 2022 | 2021-05-02 | 64.11% | −0.96 pp |
| Q4 2021 | 2021-01-31 | 63.10% | −1.79 pp |
| Q3 2021 | 2020-10-25 | 62.63% | −0.94 pp |
| Q2 2021 | 2020-07-26 | 58.85% | −0.91 pp |
| Q1 2021 | 2020-04-26 | 65.06% | +6.69 pp |
| Q4 2020 | 2020-01-26 | 64.90% | +10.16 pp |
| Q3 2020 | 2019-10-27 | 63.57% | +3.18 pp |
| Q2 2020 | 2019-07-28 | 59.75% | −3.49 pp |
| Q1 2020 | 2019-04-28 | 58.38% | −6.11 pp |
| Q4 2019 | 2019-01-27 | 54.74% | −7.13 pp |
| Q3 2019 | 2018-10-28 | 60.39% | +0.87 pp |
| Q2 2019 | 2018-07-29 | 63.24% | +4.85 pp |
| Q1 2019 | 2018-04-29 | 64.48% | +5.11 pp |
| Q4 2018 | 2018-01-28 | 61.87% | +1.91 pp |
| Q3 2018 | 2017-10-29 | 59.52% | +0.49 pp |
| Q2 2018 | 2017-07-30 | 58.39% | +0.54 pp |
| Q1 2018 | 2017-04-30 | 59.37% | +1.82 pp |
| Q4 2017 | 2017-01-29 | 59.96% | +3.57 pp |
| Q3 2017 | 2016-10-30 | 59.03% | +2.79 pp |
| Q2 2017 | 2016-07-31 | 57.84% | +2.86 pp |
| Q1 2017 | 2016-05-01 | 57.55% | +0.81 pp |
| Q4 2016 | 2016-01-31 | 56.39% | +0.43 pp |
| Q3 2016 | 2015-10-25 | 56.25% | +1.06 pp |
| Q2 2016 | 2015-07-26 | 54.99% | −1.13 pp |
| Q1 2016 | 2015-04-26 | 56.73% | +1.97 pp |
| Q4 2015 | 2015-01-25 | 55.96% | +1.81 pp |
| Q3 2015 | 2014-10-26 | 55.18% | −0.27 pp |
| Q2 2015 | 2014-07-27 | 56.12% | +0.30 pp |
| Q1 2015 | 2014-04-27 | 54.76% | +0.44 pp |
| Q4 2014 | 2014-01-26 | 54.15% | +1.24 pp |
| Q3 2014 | 2013-10-27 | 55.45% | +2.58 pp |
| Q2 2014 | 2013-07-28 | 55.82% | +4.04 pp |
| Q1 2014 | 2013-04-28 | 54.32% | +4.22 pp |
| Q4 2013 | 2013-01-27 | 52.90% | +1.50 pp |
| Q3 2013 | 2012-10-28 | 52.87% | +0.66 pp |
| Q2 2013 | 2012-07-29 | 51.78% | +0.10 pp |
| Q1 2013 | 2012-04-29 | 50.10% | −0.26 pp |
| Q4 2012 | 2012-01-29 | 51.41% | +3.31 pp |
| Q3 2012 | 2011-10-30 | 52.22% | +5.76 pp |
| Q2 2012 | 2011-07-31 | 51.67% | +35.12 pp |
| Q1 2012 | 2011-05-01 | 50.36% | +4.81 pp |
| Q4 2011 | 2011-01-30 | 48.10% | +3.45 pp |
| Q3 2011 | 2010-10-31 | 46.46% | +3.08 pp |
| Q2 2011 | 2010-08-01 | 16.55% | −3.63 pp |
| Q1 2011 | 2010-05-02 | 45.56% | +17.00 pp |
| Q4 2010 | 2010-01-31 | 44.65% | +3.68 pp |
| Q3 2010 | 2009-10-25 | 43.38% | +26.58 pp |
| Q2 2010 | 2009-07-26 | 20.18% | — |
| Q1 2010 | 2009-04-26 | 28.56% | — |
| Q3 2009 | 2008-10-26 | 40.98% | — |
| Q2 2009 | 2008-07-27 | 16.79% | — |
Nvidia gross margin trends
Over the last five reported fiscal years, Nvidia's gross margin increased from 62.34% to 71.07%, a change of +8.72 percentage points. The latest reported quarter, Q1 2027, shows 74.93%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nvidia filings at SEC.gov ↗