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

Nvidia's (NVDA) quarterly Cost of Revenue came in at $20.5 billion in Q2 2026, up 17.62% YoY from $17.4 billion in Q2 2025, and up 20.1% on a QoQ basis from $17.0 billion in Q1 2026.

Nvidia (NVDA) Cost of Revenue (2009 - 2026) Analysis & Trends

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

  • Quarterly Cost of Revenue rose 17.62% year-over-year to $20.5 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $65.5 billion (up 47.63% YoY) and the FY2026 annual result came in at $62.5 billion, up 91.41% from the prior year.
  • Cost of Revenue grew to $20.5 billion in Q2 2026, from $17.0 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $20.5 billion in Q2 2026 to a low of $33.0 million in Q1 2024.
  • A 5-year average of $7.8 billion and a median of $5.2 billion in 2023 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2024 — Cost of Revenue sank 98.51% — and 2025, when it surged 32045.45%.
  • Tracing NVDA's Cost of Revenue over 5 years: stood at $2.8 billion in 2022, then soared by 71.39% to $4.7 billion in 2023, then soared by 89.11% to $8.9 billion in 2024, then jumped by 69.81% to $15.2 billion in 2025, then jumped 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.

Peer Comparison

Historic Data

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