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| 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% |