Nvidia (NVDA) Free Cash Flow (2009 - 2026)
Nvidia's Free Cash Flow was $21.4 billion in fiscal Q2 2027 (quarter ended Jul 26, 2026), up 58.9% from $13.47 billion a year earlier but down 56.0% from the prior quarter.
Nvidia (NVDA) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nvidia's Free Cash Flow was $127.01 billion through Jul 26, 2026, up 76.3% year-over-year; for FY2026 (ended Jan 25, 2026), it came in at $96.68 billion, up 58.9% from FY2025.
- Free Cash Flow has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 83.1% (FY2021 to FY2026).
- In earlier fiscal years, Free Cash Flow was $60.85 billion in FY2025 (+125.2%), $27.02 billion in FY2024 (+609.6%), $3.81 billion in FY2023 (-53.2%) and $8.13 billion in FY2022 (+73.2%).
- Quarterly Free Cash Flow has moved between -$138 million (fiscal Q3 2023) and $48.59 billion (fiscal Q1 2027) over five years.
- Compared with a year earlier, Free Cash Flow has increased for four straight quarters, with growth averaging 68.9% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q2 2024 (growth of 623.9%); the worst was fiscal Q2 2023 (a decline of 66.5%).
- Per Business Quant data, NVDA's Free Cash Flow in the three fiscal quarters before Q2 2027 was $48.59 billion (Q1 2027), $34.9 billion (Q4 2026) and $22.12 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 21.40 Bn |
| 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 | 13.67 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 17.56 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 1.56 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 4.45 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 1.27 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 2.33 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 1.10 Bn |
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 |
Nvidia Free Cash Flow 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=free-cash-flow&ticker=NVDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();