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

Nvidia (NVDA) has reported Cost of Revenue for 18 consecutive years, with $20.5 billion the latest figure, recorded in Q2 2026.

• Cost of Revenue for Q2 2026 came in at $20.5 billion, up 17.62% year-over-year; the trailing twelve-month figure through Apr 2026 was $65.5 billion (up 47.63% YoY), and the FY2026 annual result was $62.5 billion, up 91.41% from the prior year.
• Cost of Revenue was $20.5 billion for Q2 2026 at Nvidia, up from $17.0 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $20.5 billion in Q2 2026 and troughed at $33.0 million in Q1 2024.
• Average Cost of Revenue over 5 years is $7.8 billion, with a median of $5.2 billion recorded in 2023.
• Year-over-year, Cost of Revenue tumbled 98.51% in 2024 and jumped 32045.45% in 2025.
• Over 5 years, Cost of Revenue 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.
• Per Business Quant data, the three most recent Cost of Revenue figures were $20.5 billion in Q2 2026, $17.0 billion in Q1 2026, and $15.2 billion in Q4 2025.