NVIDIA Historical Income Statement

NVDA Stock

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Historical analysis of NVIDIA income statement accounts such as Total Revenue of 64 B can show how well NVIDIA performed in making a profits. Evaluating NVIDIA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NVIDIA's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining NVIDIA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NVIDIA is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

About NVIDIA Income Statement Analysis

NVIDIA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NVIDIA shareholders. The income statement also shows NVIDIA investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NVIDIA Income Statement Chart

At present, NVIDIA's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 269.9 M, whereas Reconciled Depreciation is forecasted to decline to about 968.9 M.

Total Revenue Gross Profit Other Operating Expenses Ebitda Cost Of Revenue Income Before Tax

Total Revenue

Total revenue comprises all receipts NVIDIA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NVIDIA minus its cost of goods sold. It is profit before NVIDIA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NVIDIA. It is also known as NVIDIA overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on NVIDIA income statement and represents the costs associated with goods and services NVIDIA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on NVIDIA income statement and is an important metric when analyzing NVIDIA profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from NVIDIA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NVIDIA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.At present, NVIDIA's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 269.9 M, whereas Reconciled Depreciation is forecasted to decline to about 968.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	17.5B	15.4B	44.3B	46.5B
Total Revenue	26.9B	27.0B	60.9B	64.0B

Gross Profit Total Revenue

NVIDIA income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Extraordinary Items	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.98	0.98	0.88	0.85	0.96	0.76	0.76	0.97	0.78	0.94	0.98	0.76	0.56	0.77	0.63	0.83	0.77	0.82	0.46	-0.6	0.62	0.74	0.49	0.96
Interest Expense	0.98		0.98	0.87	0.84	0.95	0.75	0.75	0.95	0.77	0.93	0.97	0.74	0.52	0.76	0.6	0.82	0.76	0.81	0.58	-0.68	0.59	0.71	0.45	0.95
Selling General Administrative	0.98	0.98		0.9	0.87	0.97	0.79	0.79	0.97	0.8	0.96	0.99	0.78	0.58	0.8	0.64	0.9	0.8	0.87	0.57	-0.73	0.63	0.76	0.52	0.93
Total Revenue	0.88	0.87	0.9		1.0	0.97	0.97	0.97	0.95	0.98	0.98	0.95	0.97	0.87	0.98	0.91	0.77	0.98	0.87	0.44	-0.57	0.9	0.95	0.81	0.78
Gross Profit	0.85	0.84	0.87	1.0		0.95	0.99	0.99	0.93	0.99	0.97	0.92	0.99	0.89	0.99	0.93	0.74	0.99	0.85	0.42	-0.54	0.93	0.96	0.84	0.74
Other Operating Expenses	0.96	0.95	0.97	0.97	0.95		0.89	0.89	1.0	0.9	1.0	1.0	0.89	0.74	0.9	0.78	0.84	0.9	0.91	0.51	-0.65	0.77	0.88	0.69	0.88
Operating Income	0.76	0.75	0.79	0.97	0.99	0.89		1.0	0.86	1.0	0.91	0.85	1.0	0.94	1.0	0.97	0.66	1.0	0.79	0.36	-0.47	0.97	0.96	0.88	0.64
Ebit	0.76	0.75	0.79	0.97	0.99	0.89	1.0		0.86	1.0	0.91	0.85	1.0	0.94	1.0	0.97	0.66	1.0	0.79	0.36	-0.47	0.97	0.96	0.88	0.63
Research Development	0.97	0.95	0.97	0.95	0.93	1.0	0.86	0.86		0.88	0.99	1.0	0.86	0.71	0.87	0.75	0.85	0.87	0.91	0.5	-0.64	0.74	0.86	0.66	0.9
Ebitda	0.78	0.77	0.8	0.98	0.99	0.9	1.0	1.0	0.88		0.92	0.86	1.0	0.93	1.0	0.97	0.68	1.0	0.8	0.37	-0.48	0.96	0.96	0.87	0.66
Cost Of Revenue	0.94	0.93	0.96	0.98	0.97	1.0	0.91	0.91	0.99	0.92		0.99	0.91	0.77	0.92	0.81	0.82	0.92	0.9	0.49	-0.63	0.81	0.9	0.72	0.86
Total Operating Expenses	0.98	0.97	0.99	0.95	0.92	1.0	0.85	0.85	1.0	0.86	0.99		0.84	0.68	0.86	0.73	0.86	0.86	0.91	0.52	-0.66	0.72	0.84	0.63	0.91
Income Before Tax	0.76	0.74	0.78	0.97	0.99	0.89	1.0	1.0	0.86	1.0	0.91	0.84		0.94	1.0	0.97	0.66	1.0	0.79	0.36	-0.46	0.97	0.96	0.88	0.63
Total Other Income Expense Net	0.56	0.52	0.58	0.87	0.89	0.74	0.94	0.94	0.71	0.93	0.77	0.68	0.94		0.93	0.97	0.52	0.93	0.72	0.23	-0.29	0.97	0.96	0.99	0.41
Net Income	0.77	0.76	0.8	0.98	0.99	0.9	1.0	1.0	0.87	1.0	0.92	0.86	1.0	0.93		0.96	0.68	1.0	0.8	0.37	-0.48	0.96	0.96	0.87	0.65
Income Tax Expense	0.63	0.6	0.64	0.91	0.93	0.78	0.97	0.97	0.75	0.97	0.81	0.73	0.97	0.97	0.96		0.51	0.96	0.67	0.26	-0.31	1.0	0.95	0.94	0.49
Extraordinary Items	0.83	0.82	0.9	0.77	0.74	0.84	0.66	0.66	0.85	0.68	0.82	0.86	0.66	0.52	0.68	0.51		0.68	0.88	0.6	-0.77	0.5	0.66	0.47	0.77
Net Income From Continuing Ops	0.77	0.76	0.8	0.98	0.99	0.9	1.0	1.0	0.87	1.0	0.92	0.86	1.0	0.93	1.0	0.96	0.68		0.8	0.37	-0.48	0.96	0.96	0.87	0.65
Non Operating Income Net Other	0.82	0.81	0.87	0.87	0.85	0.91	0.79	0.79	0.91	0.8	0.9	0.91	0.79	0.72	0.8	0.67	0.88	0.8		0.54	-0.68	0.67	0.84	0.7	0.75
Selling And Marketing Expenses	0.46	0.58	0.57	0.44	0.42	0.51	0.36	0.36	0.5	0.37	0.49	0.52	0.36	0.23	0.37	0.26	0.6	0.37	0.54		-0.72	0.24	0.36	0.23	0.49
Non Recurring	-0.6	-0.68	-0.73	-0.57	-0.54	-0.65	-0.47	-0.47	-0.64	-0.48	-0.63	-0.66	-0.46	-0.29	-0.48	-0.31	-0.77	-0.48	-0.68	-0.72		-0.3	-0.47	-0.28	-0.6
Tax Provision	0.62	0.59	0.63	0.9	0.93	0.77	0.97	0.97	0.74	0.96	0.81	0.72	0.97	0.97	0.96	1.0	0.5	0.96	0.67	0.24	-0.3		0.95	0.94	0.48
Interest Income	0.74	0.71	0.76	0.95	0.96	0.88	0.96	0.96	0.86	0.96	0.9	0.84	0.96	0.96	0.96	0.95	0.66	0.96	0.84	0.36	-0.47	0.95		0.95	0.61
Net Interest Income	0.49	0.45	0.52	0.81	0.84	0.69	0.88	0.88	0.66	0.87	0.72	0.63	0.88	0.99	0.87	0.94	0.47	0.87	0.7	0.23	-0.28	0.94	0.95		0.35
Reconciled Depreciation	0.96	0.95	0.93	0.78	0.74	0.88	0.64	0.63	0.9	0.66	0.86	0.91	0.63	0.41	0.65	0.49	0.77	0.65	0.75	0.49	-0.6	0.48	0.61	0.35

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NVIDIA Account Relationship Matchups

NVIDIA income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	381M	1.1B	1.2B	1.5B	1.5B	1.6B
Interest Expense	52M	184M	236M	262M	257M	269.9M
Selling General Administrative	1.1B	1.9B	2.2B	2.4B	2.7B	2.8B
Total Revenue	10.9B	16.7B	26.9B	27.0B	60.9B	64.0B
Gross Profit	6.8B	10.4B	17.5B	15.4B	44.3B	46.5B
Other Operating Expenses	8.1B	12.1B	16.9B	21.4B	28.0B	29.3B
Operating Income	2.8B	4.5B	10.0B	4.2B	33.0B	34.6B
Ebit	3.0B	4.6B	10.2B	4.4B	34.1B	35.8B
Research Development	2.8B	3.9B	5.3B	7.3B	8.7B	9.1B
Ebitda	3.4B	5.7B	11.4B	6.0B	35.6B	37.4B
Cost Of Revenue	4.2B	6.3B	9.4B	11.6B	16.6B	17.5B
Total Operating Expenses	3.9B	5.9B	7.4B	9.8B	11.3B	11.9B
Income Before Tax	3.0B	4.4B	9.9B	4.2B	33.8B	35.5B
Total Other Income Expense Net	124M	(123M)	(100M)	(43M)	846M	888.3M
Net Income	2.8B	4.3B	9.8B	4.4B	29.8B	31.2B
Income Tax Expense	174M	77M	189M	(187M)	4.1B	4.3B
Net Income Applicable To Common Shares	2.8B	4.3B	9.8B	4.4B	5.0B	5.3B
Net Income From Continuing Ops	2.8B	4.3B	9.8B	4.4B	29.8B	31.2B
Non Operating Income Net Other	176M	61M	136M	219M	251.9M	264.4M
Tax Provision	174M	77M	189M	(187M)	4.1B	4.3B
Interest Income	178M	57M	29M	267M	866M	909.3M
Net Interest Income	126M	(127M)	(207M)	5M	609M	639.5M
Reconciled Depreciation	381M	1.1B	1.2B	1.5B	1.5B	968.9M

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When determining whether NVIDIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVIDIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nvidia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nvidia Stock:

How To Invest In NVIDIA

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Is NVIDIA Stock a good investment?

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What is NVIDIA's Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVIDIA. If investors know NVIDIA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVIDIA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.68

Earnings Share

2.53

Revenue Per Share

3.91

Quarterly Revenue Growth

1.224

Return On Assets

0.5526

The market value of NVIDIA is measured differently than its book value, which is the value of NVIDIA that is recorded on the company's balance sheet. Investors also form their own opinion of NVIDIA's value that differs from its market value or its book value, called intrinsic value, which is NVIDIA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVIDIA's market value can be influenced by many factors that don't directly affect NVIDIA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NVIDIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVIDIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVIDIA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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NVIDIA Historical Income Statement

About NVIDIA Income Statement Analysis

NVIDIA Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Income Before Tax

NVIDIA income statement Correlations

NVIDIA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NVIDIA income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Research Development	+ 1.0	Other Operating Expenses
Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income

Non Recurring	- 0.77	Extraordinary Items
Non Recurring	- 0.73	Selling General Administrative
Non Recurring	- 0.72	Selling And Marketing Expenses
Non Recurring	- 0.68	Non Operating Income Net Other
Non Recurring	- 0.68	Interest Expense
Non Recurring	- 0.66	Total Operating Expenses