Nvidia (NVDA) Gross Margin (2009 - 2026)
Nvidia (NVDA) posted Gross Margin of 74.98% for fiscal Q2 2027 (quarter ended Jul 26, 2026), up 2.55 percentage points from 72.42% a year earlier and up 0.04 percentage points from the prior quarter.
Nvidia (NVDA) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 26, 2026, Gross Margin at Nvidia was 74.67%, up 4.83 percentage points year-over-year; for FY2026 (ended Jan 25, 2026), it came in at 71.07%, down 3.92 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +8.72 percentage points (FY2021 to FY2026).
- In prior fiscal years, Nvidia's Gross Margin was 74.99% in FY2025 (+2.27 pp), 72.72% in FY2024 (+15.79 pp), 56.93% in FY2023 (-8.00 pp) and 64.93% in FY2022 (+2.58 pp).
- Quarterly Gross Margin has run from a low of 43.48% in fiscal Q2 2023 to a high of 78.35% in fiscal Q1 2025 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of -0.64 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q2 2024, with a gain of 26.57 percentage points; the weakest was fiscal Q2 2023, with a drop of 21.29 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 74.93% (Q1 2027), 75.00% (Q4 2026) and 73.41% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,563.73 Bn | 5,337.89 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,381.64 Bn | 2,007.35 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,640.54 Bn | 1,566.58 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 1,238.95 Bn | 1,177.72 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 1,004.87 Bn | 961.62 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 697.02 Bn | 652.86 Bn | 5.90 Bn | 52.15% |
| 7 | Intel | 605.16 Bn | 489.89 Bn | 6.51 Bn | 40.36% |
| 8 | Lam Research | 425.56 Bn | 402.36 Bn | 3.48 Bn | 51.75% |
| 9 | Applied Materials | 420.05 Bn | 385.49 Bn | 4.59 Bn | 50.31% |
| 10 | Arm Holdings | 310.17 Bn | 295.88 Bn | 1.25 Bn | 97.21% |
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% |
Nvidia Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NVDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NVDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();