Growth Metrics

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

Nvidia's Cost of Revenue history spans 18 years, with the latest figure at $17.0 billion for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 60.58% year-over-year to $17.0 billion; the TTM value through Jan 2026 reached $62.5 billion, up 91.42%, while the annual FY2026 figure was $62.5 billion, 91.41% up from the prior year.
  • Cost of Revenue reached $17.0 billion in Q1 2026 per NVDA's latest filing, up from $15.2 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $17.4 billion in Q2 2025 to a low of $33.0 million in Q1 2024.
  • Average Cost of Revenue over 5 years is $7.1 billion, with a median of $4.7 billion recorded in 2023.
  • Peak YoY movement for Cost of Revenue: crashed 98.51% in 2024, then soared 32045.45% in 2025.
  • A 5-year view of Cost of Revenue shows it 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.
  • Per Business Quant, the three most recent readings for NVDA's Cost of Revenue are $17.0 billion (Q1 2026), $15.2 billion (Q4 2025), and $12.9 billion (Q3 2025).