NVIDIA Corporation
NVDANASDAQ
$211.23
Last price · USD
- Market cap
- $5.18T
- P/E
- 43.1x
- EV / EBITDA
- 35.8x
- P/S
- 24.0x
- FCF yield
- 1.9%
- Div. yield
- 0.02%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
NVIDIA Corporation cash flow statement
Annual · USD millions except per-share data · 35 lines
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 120,067 | 72,880 | 29,760 | 4,368 | 9,752 | +87.3% | |
| Depreciation & amortization | 2,843 | 1,864 | 1,508 | 1,544 | 1,174 | +24.7% | |
| Deferred income tax | (1,424) | (4,477) | (2,489) | (2,164) | (406) | — | |
| Stock-based compensation | 6,386 | 4,737 | 3,549 | 2,709 | 2,004 | +33.6% | |
| Change in working capital | (15,949) | (9,383) | (3,722) | (2,207) | (3,363) | — | |
| Accounts receivables | (15,399) | (13,063) | (6,172) | 822 | (2,215) | — | |
| Inventory | (11,324) | (4,781) | (98) | (2,554) | (774) | — | |
| Accounts payables | 3,096 | 3,357 | 1,531 | (551) | 568 | +52.8% | |
| Other working capital | 7,678 | 5,104 | 1,017 | 76 | (942) | — | |
| Other non-cash items | (9,205) | (1,532) | (516) | 1,391 | (53) | — | |
| Net cash from operating activities | 102,718 | 64,089 | 28,090 | 5,641 | 9,108 | +83.3% | |
| Operating cash flow | 102,718 | 64,089 | 28,090 | 5,641 | 9,108 | +83.3% | |
| Investing activities | |||||||
| Investments in PP&E | (6,042) | (3,236) | (1,069) | (1,833) | (976) | — | |
| Capital expenditure | (6,042) | (3,236) | (1,069) | (1,833) | (976) | — | |
| Acquisitions, net | (1,535) | (1,007) | (83) | (49) | (263) | — | |
| Purchases of investments | (58,118) | (28,061) | (19,073) | (11,982) | (24,811) | — | |
| Sales / maturities of investments | 26,467 | 11,861 | 9,783 | 21,239 | 16,220 | +13.0% | |
| Other investing activities | (13,000) | 22 | (124) | 0 | 0 | — | |
| Net cash from investing activities | (52,228) | (20,421) | (10,566) | 7,375 | (9,830) | — | |
| Financing activities | |||||||
| Net debt issuance | 0 | (1,250) | (1,250) | 0 | 3,977 | — | |
| Long-term net debt issuance | 0 | (1,250) | (1,250) | 0 | 3,977 | — | |
| Net stock issuance | (40,086) | (33,706) | (9,533) | (10,039) | 281 | — | |
| Common stock issuance | 0 | 0 | 0 | 0 | 281 | — | |
| Common stock repurchased | (40,086) | (33,706) | (9,533) | (10,039) | 0 | — | |
| Net common stock issuance | (40,086) | (33,706) | (9,533) | (10,039) | 281 | — | |
| Common dividends paid | (974) | (834) | (395) | (398) | (399) | — | |
| Net dividends paid | (974) | (834) | (395) | (398) | (399) | — | |
| Other financing activities | (7,414) | (6,569) | (2,455) | (1,180) | (1,994) | — | |
| Net cash from financing activities | (48,474) | (42,359) | (13,633) | (11,617) | 1,865 | — | |
| Cash summary | |||||||
| Net change in cash | 2,016 | 1,309 | 3,891 | 1,399 | 1,143 | +15.2% | |
| Cash at beginning of period | 8,589 | 7,280 | 3,389 | 1,990 | 847 | +78.4% | |
| Cash at end of period | 10,605 | 8,589 | 7,280 | 3,389 | 1,990 | +51.9% | |
| Free cash flow | 96,676 | 60,853 | 27,021 | 3,808 | 8,132 | +85.7% | |
| Income taxes paid | 0 | 15,118 | 6,549 | 1,404 | 396 | — | |
| Interest paid | 0 | 246 | 252 | 254 | 246 | — | |