Nvidia (NVDA) Gross Margin (2009 - 2026)
Nvidia's (NVDA) quarterly Gross Margin came in at 74.93% in Q2 2026, up 1441.0% YoY from 4.86% in Q2 2025, and little changed on a QoQ basis from 75.0% in Q1 2026.
Nvidia (NVDA) Gross Margin (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has 18 years of Gross Margin data on file, last reported at 74.93% in Q2 2026.
- Quarterly Gross Margin rose 1441.0% year-over-year to 74.93% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 74.15% (up 404.0% YoY) and the FY2026 annual result came in at 71.07%, down 392.0% from the prior year.
- Gross Margin steadied at 74.93% in Q2 2026, from 75.0% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 78.35% in Q2 2024 to a low of 43.48% in Q3 2022.
- A 5-year average of 68.52% and a median of 72.73% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 2129 bps — and 2023, when it surged 2657 bps.
- Tracing NVDA's Gross Margin over 5 years: stood at 53.57% in 2022, then soared by 38 bps to 73.95% in 2023, then grew by 1 bps to 74.56% in 2024, then slipped by 2 bps to 73.41% in 2025, then rose by 2 bps to 74.93% in 2026.
- The last three Gross Margin figures came in at 74.93% (Q2 2026), 75.0% (Q1 2026), and 73.41% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 66.25% |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 74.93% |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 69.48% |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 52.82% |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 40.36% |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | 31.59% |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | 97.21% |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 61.36% |
| 10 | Analog Devices | 176.28 Bn | 172.84 Bn | 2.44 Bn | 67.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 74.93% |
| Jan 25, 2026 | 75.00% |
| Oct 26, 2025 | 73.41% |
| Jul 27, 2025 | 72.42% |
| Apr 27, 2025 | 60.52% |
| Jan 26, 2025 | 73.03% |
| Oct 27, 2024 | 74.56% |
| Jul 28, 2024 | 75.15% |
| Apr 28, 2024 | 78.35% |
| Jan 28, 2024 | 75.97% |
| Oct 29, 2023 | 73.95% |
| Jul 30, 2023 | 70.05% |
| Apr 30, 2023 | 64.63% |
| Jan 29, 2023 | 63.34% |
| Oct 30, 2022 | 53.57% |
| Jul 31, 2022 | 43.48% |
| May 1, 2022 | 65.53% |
| Jan 30, 2022 | 65.41% |
| Oct 31, 2021 | 65.20% |
| Aug 1, 2021 | 64.78% |