Nvidia (NVDA) Free Cash Flow (2009 - 2026)
Nvidia's (NVDA) quarterly Free Cash Flow came in at $21.4 billion in Q3 2026, up 58.87% on a YoY basis from $13.5 billion in Q3 2025, and down 55.96% quarter-over-quarter from $48.6 billion in Q2 2026.
Analysis
Nvidia (NVDA) Free Cash Flow (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Free Cash Flow for 18 consecutive years, with $21.4 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Free Cash Flow rose 58.87% year-over-year to $21.4 billion; the trailing twelve-month figure through Jul 2026 stood at $127.0 billion (up 76.34% YoY), and the FY2026 full-year result was $96.7 billion, up 58.87% from the prior year.
- Free Cash Flow slipped to $21.4 billion in Q3 2026 per NVDA's latest filing, from $48.6 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $48.6 billion in Q2 2026 and bottomed at -$138.0 million in Q4 2022.
- Historically, Free Cash Flow has averaged $13.7 billion across 5 years, with a median of $13.5 billion in 2025.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 110.64% in 2022, then jumped 5211.59% in 2023.
- Over 5 years, Free Cash Flow stood at -$138.0 million in 2022, then surged by 5211.59% to $7.1 billion in 2023, then jumped by 138.36% to $16.8 billion in 2024, then surged by 31.53% to $22.1 billion in 2025, then decreased by 3.23% to $21.4 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $21.4 billion, $48.6 billion, and $34.9 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 21.40 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 13.67 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 1.56 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 1.10 Bn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 478.80 Mn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 495.00 Mn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 145.48 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 67.21 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 80.12 Mn |
| 10 | Lattice Semiconductor | 14.60 Bn | 14.43 Bn | 141.33 Mn | 81.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 21.40 Bn |
| Apr 26, 2026 | 48.59 Bn |
| Jan 25, 2026 | 34.90 Bn |
| Oct 26, 2025 | 22.12 Bn |
| Jul 27, 2025 | 13.47 Bn |
| Apr 27, 2025 | 26.19 Bn |
| Jan 26, 2025 | 15.55 Bn |
| Oct 27, 2024 | 16.81 Bn |
| Jul 28, 2024 | 13.51 Bn |
| Apr 28, 2024 | 14.98 Bn |
| Jan 28, 2024 | 11.25 Bn |
| Oct 29, 2023 | 7.05 Bn |
| Jul 30, 2023 | 6.06 Bn |
| Apr 30, 2023 | 2.66 Bn |
| Jan 29, 2023 | 1.74 Bn |
| Oct 30, 2022 | -138.00 Mn |
| Jul 31, 2022 | 837.00 Mn |
| May 1, 2022 | 1.37 Bn |
| Jan 30, 2022 | 2.76 Bn |
| Oct 31, 2021 | 1.30 Bn |