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 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 83.20% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 66.41% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 74.98% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 69.13% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 86.76% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 53.90% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | 52.15% |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 42.97% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 52.30% |
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();