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Nvidia (NVDA) Cost Of Revenue (2009 - 2026)

Nvidia posted quarterly Cost of Revenue of $20.5 billion for Q2 2026, up 17.62% year-on-year from $17.4 billion in Q2 2025, and up 20.1% on a QoQ basis from $17.0 billion in Q1 2026.

Nvidia (NVDA) has 18 years of Cost of Revenue data on file, last reported at $20.5 billion in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 17.62% year-over-year to $20.5 billion; the trailing twelve-month figure through Apr 2026 stood at $65.5 billion (up 47.63% YoY), and the FY2026 full-year result was $62.5 billion, up 91.41% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $20.5 billion, up from $17.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $20.5 billion in Q2 2026 and bottomed at $33.0 million in Q1 2024.
  • The 5-year median for Cost of Revenue is $5.2 billion (2023), against an average of $7.8 billion.
  • The widest annual swing landed in 2024, when Cost of Revenue tumbled 98.51%; it then surged 32045.45% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $2.8 billion in 2022, then jumped by 71.39% to $4.7 billion in 2023, then jumped by 89.11% to $8.9 billion in 2024, then surged by 69.81% to $15.2 billion in 2025, then surged by 34.97% to $20.5 billion in 2026.
  • The last three Cost of Revenue figures came in at $20.5 billion (Q2 2026), $17.0 billion (Q1 2026), and $15.2 billion (Q4 2025), per Business Quant data.