Nvidia (NVDA) FCF Margin (2009 - 2026)
Nvidia's (NVDA) quarterly FCF Margin came in at 22.24% in Q3 2026, down 658.0% on a YoY basis from 3.99% in Q3 2025, and down 62.64% quarter-over-quarter from 59.53% in Q2 2026.
Analysis
Nvidia (NVDA) FCF Margin (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported FCF Margin for 18 consecutive years, with 22.24% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, FCF Margin fell 658.0% year-over-year to 22.24%; the trailing twelve-month figure through Jul 2026 stood at 41.92% (down 167.0% YoY), and the FY2026 full-year result was 44.77%, down 186.0% from the prior year.
- FCF Margin declined to 22.24% in Q3 2026 per NVDA's latest filing, from 59.53% in the prior quarter.
- Across five years, FCF Margin topped out at 59.53% in Q2 2026 and bottomed at 2.33% in Q4 2022.
- Historically, FCF Margin has averaged 37.54% across 5 years, with a median of 38.93% in 2023.
- The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 2592 bps in 2022, then surged 4126 bps in 2023.
- Over 5 years, FCF Margin stood at 2.33% in 2022, then jumped by 1773 bps to 38.93% in 2023, then rose by 23 bps to 47.93% in 2024, then fell by 19 bps to 38.79% in 2025, then tumbled by 43 bps to 22.24% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 22.24%, 59.53%, and 51.23% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 22.24% |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 46.18% |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 13.51% |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | 85.26% |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 17.48% |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 4.98% |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 14.84% |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 17.13% |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 16.73% |
| 10 | Sitime | 16.85 Bn | 14.93 Bn | 99.14 Mn | 17.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 22.24% |
| Apr 26, 2026 | 59.53% |
| Jan 25, 2026 | 51.23% |
| Oct 26, 2025 | 38.79% |
| Jul 27, 2025 | 28.82% |
| Apr 27, 2025 | 59.43% |
| Jan 26, 2025 | 39.54% |
| Oct 27, 2024 | 47.93% |
| Jul 28, 2024 | 44.98% |
| Apr 28, 2024 | 57.50% |
| Jan 28, 2024 | 50.88% |
| Oct 29, 2023 | 38.93% |
| Jul 30, 2023 | 44.86% |
| Apr 30, 2023 | 37.03% |
| Jan 29, 2023 | 28.74% |
| Oct 30, 2022 | -2.33% |
| Jul 31, 2022 | 12.49% |
| May 1, 2022 | 16.53% |
| Jan 30, 2022 | 36.11% |
| Oct 31, 2021 | 18.26% |