--- title: "Nvidia: Metrics Guide" description: "NVIDIA revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/nvidia/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- ## Direct Answer > This guide identifies the key financial and operating metrics for NVIDIA (NVDA), the leading GPU and AI accelerator company, explaining what each metric measures and how it connects to NVIDIA's data center revenue cycle, software-ecosystem moat, and long-term semiconductor market position. # NVIDIA Financial Metrics & KPI Guide ## What Are NVIDIA's Key Financial Figures? | Fiscal year | FY2026ended January 25, 2026 | FY2025ended January 26, 2025 | FY2024ended January 28, 2024 | FY2023ended January 29, 2023 | | --- | --- | --- | --- | --- | | Revenue | $216 billion | $130 billion | $60.9 billion | $27.0 billion | | Operating income | $130 billion | $81.5 billion | $33.0 billion | $4.2 billion | | Operating margin | 60.4% | 62.4% | 54.1% | 15.7% | | Net income | $120 billion | $72.9 billion | $29.8 billion | $4.4 billion | | Net margin | 55.6% | 55.8% | 48.8% | 16.2% | | Operating cash flow | $103 billion | $64.1 billion | $28.1 billion | $5.6 billion | | Capital expenditures | $6.0 billion | $3.2 billion | $1.1 billion | $1.8 billion | | Free cash flow | $96.7 billion | $60.9 billion | $27.0 billion | $3.8 billion | Operating margin narrowed by 2.0 percentage points between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $96.7 billion against net income of $120 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of NVIDIA revenue, operating income, net income for fiscal 2023 to 2026. In fiscal 2026, revenue was $216 billion, operating income $130 billion and net income $120 billion.](https://www.getswoopr.com/images/charts/nvidia-metrics-revenue-profit.webp) *NVIDIA revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of NVIDIA operating margin and net margin for fiscal 2023 to 2026. In fiscal 2026, operating margin was 60.4% and net margin was 55.6%.](https://www.getswoopr.com/images/charts/nvidia-metrics-margins.webp) *NVIDIA operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of NVIDIA operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2026. In fiscal 2026, operating cash flow was $103 billion, capital expenditures was $6.0 billion, free cash flow was $96.7 billion.](https://www.getswoopr.com/images/charts/nvidia-metrics-cash-flow.webp) *NVIDIA operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does NVIDIA's Balance Sheet Show? | Cash and cash equivalents | $10.6 billion | | --- | --- | | Long-term debt | $7.5 billion | | Total assets | $207 billion | | Total liabilities | $49.5 billion | | Shareholders' equity | $157 billion | | Current ratio | 3.9x | Balance sheet values are as of the end of fiscal 2026. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value NVIDIA reported in its own SEC filings, read from the SEC's XBRL data (accession 0001045810-26-000021 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was NVIDIA's revenue in fiscal 2026? NVIDIA reported revenue of $216 billion for the fiscal year ended January 25, 2026, according to its SEC filings. ### What is NVIDIA's operating margin? NVIDIA's operating margin was 60.4% in fiscal 2026: operating income of $130 billion on revenue of $216 billion. ### How much free cash flow did NVIDIA generate? Operating cash flow of $103 billion less capital expenditures of $6.0 billion gives free cash flow of $96.7 billion for fiscal 2026. ## References - [SEC EDGAR: NVIDIA CORP Form 10-K filed February 25, 2026](https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm) - [SEC EDGAR: NVIDIA CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1045810&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [NVIDIA company dossier](https://www.getswoopr.com/stocks/companies/nvidia/) - [NVIDIA financial metrics](https://www.getswoopr.com/stocks/companies/nvidia/metrics/) - [NVIDIA financial risk indicators](https://www.getswoopr.com/stocks/companies/nvidia/risks/) - [NVIDIA peer comparison](https://www.getswoopr.com/stocks/companies/nvidia/competitors/) - [NVIDIA business model and revenue mix](https://www.getswoopr.com/stocks/companies/nvidia/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).