Nvidia (NVDA) Net Margin (2009 - 2026)
Nvidia's Net Margin came in at 62.03% for fiscal Q2 2027 (quarter ended Jul 26, 2026), up 5.51 percentage points from 56.53% a year earlier but down 9.43 percentage points from the prior quarter.
Nvidia (NVDA) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 26, 2026, Nvidia reported Net Margin of 63.66%, up 11.25 percentage points year-over-year; for FY2026 (ended Jan 25, 2026), it came in at 55.60%, down 0.25 percentage points from FY2025.
- Net Margin carries a five-year change of +29.62 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Net Margin was 55.85% in FY2025 (+7.00 pp), 48.85% in FY2024 (+32.66 pp), 16.19% in FY2023 (-20.04 pp) and 36.23% in FY2022 (+10.25 pp).
- The five-year range for quarterly Net Margin is 9.79% (fiscal Q2 2023) to 71.46% (fiscal Q1 2027).
- Year-over-year, Net Margin has increased for five consecutive quarters, with an average year-over-year change of +4.19 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q3 2024 (a gain of 39.54 percentage points), and the weakest in fiscal Q2 2023 (a drop of 26.70 percentage points).
- Business Quant data shows NVDA's Net Margin at 71.46% (Q1 2027), 63.06% (Q4 2026) and 55.98% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 62.03% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 57.02% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 44.23% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 68.13% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 19.91% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 29.22% |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -68.41% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 33.88% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 27.84% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 20.95% |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 62.03% |
| Apr 26, 2026 | 71.46% |
| Jan 25, 2026 | 63.06% |
| Oct 26, 2025 | 55.98% |
| Jul 27, 2025 | 56.53% |
| Apr 27, 2025 | 42.61% |
| Jan 26, 2025 | 56.17% |
| Oct 27, 2024 | 55.04% |
| Jul 28, 2024 | 55.26% |
| Apr 28, 2024 | 57.14% |
| Jan 28, 2024 | 55.58% |
| Oct 29, 2023 | 51.01% |
| Jul 30, 2023 | 45.81% |
| Apr 30, 2023 | 28.41% |
| Jan 29, 2023 | 23.37% |
| Oct 30, 2022 | 11.47% |
| Jul 31, 2022 | 9.79% |
| May 1, 2022 | 19.52% |
| Jan 30, 2022 | 39.29% |
| Oct 31, 2021 | 34.69% |
Nvidia Net 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=net-margin&ticker=NVDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();