Nvidia (NVDA) Gross Margin (2009 - 2026)
Nvidia (NVDA) posted Gross Margin of 74.93% for Q2 2026, little changed quarter-over-quarter from 75.0% in Q1 2026, and up 1441.0% year-on-year from 4.86% in Q2 2025.
Nvidia (NVDA) Gross Margin (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Gross Margin for 18 consecutive years, with 74.93% the latest figure, recorded in Q2 2026.
- Gross Margin for Q2 2026 came in at 74.93%, up 1441.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 74.15% (up 404.0% YoY), and the FY2026 annual result was 71.07%, down 392.0% from the prior year.
- Gross Margin was 74.93% for Q2 2026 at Nvidia, roughly flat from 75.0% in the prior quarter.
- Over five years, Gross Margin peaked at 78.35% in Q2 2024 and troughed at 43.48% in Q3 2022.
- Average Gross Margin over 5 years is 68.52%, with a median of 72.73% recorded in 2025.
- Year-over-year, Gross Margin tumbled 2129 bps in 2022 and jumped 2657 bps in 2023.
- Over 5 years, Gross Margin stood at 53.57% in 2022, then soared by 38 bps to 73.95% in 2023, then gained by 1 bps to 74.56% in 2024, then fell by 2 bps to 73.41% in 2025, then climbed by 2 bps to 74.93% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 74.93% in Q2 2026, 75.0% in Q1 2026, and 73.41% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 74.93% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 84.56% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 52.82% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 39.38% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 31.59% |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | 97.85% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 58.01% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 52.15% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 45.92% |
| 10 | Analog Devices | 189.67 Bn | 186.23 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% |