Nvidia (NVDA) FCF Margin (2009 - 2026)
Nvidia's FCF Margin was 22.24% in fiscal Q2 2027 (quarter ended Jul 26, 2026), down 6.58 percentage points from 28.82% a year earlier and down 37.29 percentage points from the prior quarter.
Nvidia (NVDA) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nvidia's FCF Margin was 41.92% through Jul 26, 2026, down 1.67 percentage points year-over-year; for FY2026 (ended Jan 25, 2026), it came in at 44.77%, down 1.86 percentage points from FY2025.
- FCF Margin shows a five-year change of +16.62 percentage points (FY2021 to FY2026).
- In earlier fiscal years, FCF Margin was 46.63% in FY2025 (+2.28 pp), 44.35% in FY2024 (+30.24 pp), 14.12% in FY2023 (-16.10 pp) and 30.21% in FY2022 (+2.06 pp).
- The fiscal Q2 2027 figure marks the lowest quarterly FCF Margin since fiscal Q3 2023.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of -2.56 percentage points.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q3 2024 (a gain of 41.26 percentage points); the worst was fiscal Q2 2023 (a drop of 25.92 percentage points).
- Per Business Quant data, NVDA's FCF Margin in the three fiscal quarters before Q2 2027 was 59.53% (Q1 2027), 51.23% (Q4 2026) and 38.79% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 42.36% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 27.59% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 18.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 25.56% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 85.26% |
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% |
Nvidia FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NVDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NVDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();