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

Nvidia has reported Cost of Revenue for 18 years, with the latest figure 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.
• The five-year high for Cost of Revenue was $20.5 billion in Q2 2026, with the low at $33.0 million in Q1 2024.
• Historically, Cost of Revenue has averaged $7.8 billion across 5 years, with a median of $5.2 billion in 2023.
• Annual changes were most pronounced in 2024 — Cost of Revenue sank 98.51% — and 2025, when it surged 32045.45%.
• Nvidia's 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.
• 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.