Nvidia (NVDA) Gross Margin (2009 - 2026)
Nvidia's (NVDA) quarterly Gross Margin came in at 74.98% in Q3 2026, up 255.0% on a YoY basis from 21.12% in Q3 2025, and little changed quarter-over-quarter from 74.93% in Q2 2026.
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Nvidia (NVDA) Gross Margin (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Gross Margin for 18 consecutive years, with 74.98% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin rose 255.0% year-over-year to 74.98%; the trailing twelve-month figure through Jul 2026 stood at 74.67% (up 483.0% YoY), and the FY2026 full-year result was 71.07%, down 392.0% from the prior year.
- Gross Margin was little changed at 74.98% in Q3 2026 per NVDA's latest filing, from 74.93% in the prior quarter.
- Across five years, Gross Margin topped out at 78.35% in Q2 2024 and bottomed at 43.48% in Q3 2022.
- Historically, Gross Margin has averaged 68.86% across 5 years, with a median of 73.03% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 2129 bps in 2022, then soared 2657 bps in 2023.
- Over 5 years, Gross Margin stood at 53.57% in 2022, then surged by 38 bps to 73.95% in 2023, then rose by 1 bps to 74.56% in 2024, then declined by 2 bps to 73.41% in 2025, then rose by 2 bps to 74.98% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 74.98%, 74.93%, and 75.0% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,287.45 Bn | 5,222.22 Bn | 72.14 Bn | 74.98% |
| 2 | Broadcom | 1,720.27 Bn | 1,700.64 Bn | 15.42 Bn | 69.48% |
| 3 | Advanced Micro Devices | 841.14 Bn | 828.03 Bn | 6.20 Bn | 53.77% |
| 4 | Arm Holdings | 279.94 Bn | 276.06 Bn | 1.25 Bn | 97.21% |
| 5 | Marvell Technology | 211.71 Bn | 207.78 Bn | 1.46 Bn | 53.14% |
| 6 | Qualcomm | 192.32 Bn | 184.02 Bn | 5.28 Bn | 53.05% |
| 7 | Monolithic Power Systems | 60.61 Bn | 59.20 Bn | 541.07 Mn | 55.18% |
| 8 | Astera Labs | 50.19 Bn | 48.93 Bn | 287.57 Mn | 73.28% |
| 9 | Credo Technology Group Holding | 30.15 Bn | 29.38 Bn | 309.08 Mn | 64.53% |
| 10 | Sitime | 16.77 Bn | 14.84 Bn | 99.14 Mn | 62.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 74.98% |
| 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% |