Direct Answer
NVIDIA reports revenue across 2 business segments in its fiscal 2026 Form 10-K. Compute and Networking is the largest, with $193 billion of revenue (90% of the total), followed by Graphics at $22.5 billion (10%). 69% of revenue came from the United States.
How Does NVIDIA Make Money?
Compute and Networking supplies 90% of revenue, so NVIDIA's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2025 and 2026, Compute and Networking grew fastest (+66.5%) and Graphics slowest (+57.0%), so the revenue mix tilts toward Compute and Networking while that gap lasts.
| Segment | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Compute and Networking | $193 billion | $116 billion | 89.6% | 66.5% |
| Graphics | $22.5 billion | $14.3 billion | 10.4% | 57.0% |
Which NVIDIA Segments Earn the Most?
| Segment | FY2026 segment operating income | Segment margin |
|---|---|---|
| Compute and Networking | $130 billion | 67.3% |
| Graphics | $9.2 billion | 40.8% |
Segment operating income is the profit measure NVIDIA reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within NVIDIA more safely than against another company.
What Does NVIDIA Sell?
NVIDIA also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.
| Product or service | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Compute | $162 billion | $102 billion | 75.2% | 58.9% |
| Networking | $31.4 billion | $13.0 billion | 14.5% | 141.5% |
| Gaming | $16.0 billion | $11.3 billion | 7.4% | 41.3% |
| Professional Visualization | $3.2 billion | $1.9 billion | 1.5% | 69.9% |
| Automotive | $2.3 billion | $1.7 billion | 1.1% | 38.7% |
| OEM and Other | $619 million | $389 million | 0.3% | 59.1% |
Where Does NVIDIA's Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
|---|---|---|---|---|
| United States | $150 billion | $77.5 billion | 69.3% | 93.1% |
| Taiwan | $42.3 billion | $23.6 billion | 19.6% | 79.4% |
| China Including Hong Kong | $19.7 billion | $25.0 billion | 9.1% | -21.4% |
| Other countries | $4.3 billion | $4.4 billion | 2.0% | -1.6% |
What the Segment Figures Do Not Show
The rows above add up to 100% of NVIDIA's reported revenue for fiscal 2026; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value NVIDIA reported in the segment note and revenue disclosures of its Form 10-K filed February 25, 2026 (accession 0001045810-26-000021), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2026; it is not a forecast or a recommendation.
Frequently Asked Questions
What are NVIDIA's business segments?
In its fiscal 2026 Form 10-K, NVIDIA reports revenue for Compute and Networking and Graphics.
Which part of NVIDIA brings in the most revenue?
Compute and Networking, with $193 billion of revenue in fiscal 2026, or 90% of the total.
How much of NVIDIA's revenue comes from outside the United States?
31% in fiscal 2026, by the geographic breakdown NVIDIA reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.