Nvidia (NVDA) Gross Margin (2009 - 2026)

Nvidia (NVDA) reported Gross Margin of 74.93% for Q2 2026, up 1441.0% on a YoY basis from 4.86% in Q2 2025, and little changed quarter-over-quarter from 75.0% in Q1 2026.

Nvidia (NVDA) Gross Margin (2009 - 2026) Analysis & Trends

Nvidia has reported Gross Margin for 18 years, with the latest figure at 74.93% in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 1441.0% year-over-year to 74.93%; the trailing twelve-month figure through Apr 2026 stood at 74.15% (up 404.0% YoY), and the FY2026 full-year result was 71.07%, down 392.0% from the prior year.
  • Gross Margin for Q2 2026 stood at 74.93%, roughly flat from 75.0% in the prior quarter.
  • The five-year high for Gross Margin was 78.35% in Q2 2024, with the low at 43.48% in Q3 2022.
  • Historically, Gross Margin has averaged 68.52% across 5 years, with a median of 72.73% in 2025.
  • Annual changes were most pronounced in 2022 — Gross Margin sank 2129 bps — and 2023, when it surged 2657 bps.
  • Nvidia's Gross Margin 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 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 74.93%
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 69.48%
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 74.41%
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn 66.25%
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 52.82%
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn 39.38%
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 58.01%
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 52.15%
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn 45.92%
10 Analog Devices 212.24 Bn 208.80 Bn 2.44 Bn 67.33%

Historic Data

Download Data
DateValue
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%