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Nvidia (NVDA) Cost Of Revenue (2017 - 2026)

Nvidia (NVDA) has disclosed Cost of Revenue for 18 consecutive years, with $17.0 billion as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 60.56% year-over-year to $17.0 billion, compared with a TTM value of $62.5 billion through Jan 2026, up 91.41%, and an annual FY2026 reading of $62.5 billion, up 91.41% over the prior year.
  • Cost of Revenue was $17.0 billion for Q1 2026 at Nvidia, up from $15.2 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $17.4 billion in Q2 2025 and bottomed at $2.2 billion in Q1 2023.
  • Average Cost of Revenue over 5 years is $7.4 billion, with a median of $5.3 billion recorded in 2024.
  • The sharpest move saw Cost of Revenue decreased 16.11% in 2023, then skyrocketed 208.51% in 2025.
  • Year by year, Cost of Revenue stood at $2.8 billion in 2022, then surged by 71.39% to $4.7 billion in 2023, then surged by 89.11% to $8.9 billion in 2024, then soared by 69.81% to $15.2 billion in 2025, then grew by 12.38% to $17.0 billion in 2026.
  • Business Quant data shows Cost of Revenue for NVDA at $17.0 billion in Q1 2026, $15.2 billion in Q4 2025, and $12.9 billion in Q3 2025.