Growth Metrics

Nvidia (NVDA) Operating Expenses (2009 - 2026)

Nvidia posted quarterly Operating Expenses of $7.6 billion for Q2 2026, up 51.51% year-on-year from $5.0 billion in Q2 2025, and up 12.17% on a QoQ basis from $6.8 billion in Q1 2026.

Nvidia (NVDA) has 18 years of Operating Expenses data on file, last reported at $7.6 billion in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 51.51% year-over-year to $7.6 billion; the trailing twelve-month figure through Apr 2026 stood at $25.7 billion (up 43.09% YoY), and the FY2026 full-year result was $23.1 billion, up 40.66% from the prior year.
  • Operating Expenses for Q2 2026 stood at $7.6 billion, up from $6.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $7.6 billion in Q2 2026 and bottomed at -$102.0 million in Q1 2024.
  • The 5-year median for Operating Expenses is $3.5 billion (2022), against an average of $3.8 billion.
  • The widest annual swing landed in 2024, when Operating Expenses sank 103.96%; it then surged 4697.06% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $2.6 billion in 2022, then climbed by 15.8% to $3.0 billion in 2023, then jumped by 43.71% to $4.3 billion in 2024, then surged by 36.2% to $5.8 billion in 2025, then jumped by 30.52% to $7.6 billion in 2026.
  • The last three Operating Expenses figures came in at $7.6 billion (Q2 2026), $6.8 billion (Q1 2026), and $5.8 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 5,449.54 Bn 5,406.06 Bn 61.16 Bn 7.62 Bn
2 Broadcom 2,169.43 Bn 2,155.26 Bn 13.16 Bn 4.59 Bn
3 Micron Technology 1,165.12 Bn 1,150.53 Bn 17.76 Bn 1.59 Bn
4 Advanced Micro Devices 831.96 Bn 819.61 Bn 5.42 Bn 3.94 Bn
5 Intel 549.93 Bn 530.74 Bn 5.35 Bn 8.48 Bn
6 Texas Instruments 266.58 Bn 261.48 Bn 2.80 Bn 991.00 Mn
7 Qualcomm 243.81 Bn 234.01 Bn 4.16 Bn 8.29 Bn
8 Analog Devices 196.60 Bn 193.16 Bn 2.44 Bn 1.06 Bn
9 Marvell Technology 188.85 Bn 188.78 Bn 1.26 Bn 921.40 Mn
10 NXP Semiconductors 78.76 Bn 75.40 Bn 1.79 Bn 904.00 Mn

Historic Data

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DateValue
Apr 26, 2026 7.62 Bn
Jan 25, 2026 6.79 Bn
Oct 26, 2025 5.84 Bn
Jul 27, 2025 5.41 Bn
Apr 27, 2025 5.03 Bn
Jan 26, 2025 4.69 Bn
Oct 27, 2024 4.29 Bn
Jul 28, 2024 3.93 Bn
Apr 28, 2024 3.50 Bn
Jan 28, 2024 -102.00 Mn
Oct 29, 2023 2.98 Bn
Jul 30, 2023 2.66 Bn
Apr 30, 2023 2.51 Bn
Jan 29, 2023 2.58 Bn
Oct 30, 2022 2.58 Bn
Jul 31, 2022 2.42 Bn
May 1, 2022 3.56 Bn
Jan 30, 2022 2.03 Bn
Oct 31, 2021 1.96 Bn
Aug 1, 2021 1.77 Bn
May 2, 2021 1.67 Bn
Jan 31, 2021 1.65 Bn
Oct 25, 2020 1.56 Bn
Jul 26, 2020 1.62 Bn
Apr 26, 2020 1.03 Bn
Jan 26, 2020 1.03 Bn
Oct 27, 2019 989.00 Mn
Jul 28, 2019 970.00 Mn
Apr 28, 2019 938.00 Mn
Jan 27, 2019 913.00 Mn
Oct 28, 2018 863.00 Mn
Jul 29, 2018 818.00 Mn
Apr 29, 2018 773.00 Mn
Jan 28, 2018 728.00 Mn
Oct 29, 2017 674.00 Mn
Jul 30, 2017 614.00 Mn
Apr 30, 2017 596.00 Mn
Jan 29, 2017 570.00 Mn
Oct 30, 2016 544.00 Mn
Jul 31, 2016 509.00 Mn
May 1, 2016 506.00 Mn
Jan 31, 2016 539.00 Mn
Oct 25, 2015 489.00 Mn
Jul 26, 2015 558.00 Mn
Apr 26, 2015 477.00 Mn
Jan 25, 2015 468.00 Mn
Oct 26, 2014 463.00 Mn
Jul 27, 2014 456.00 Mn
Apr 27, 2014 453.00 Mn
Jan 26, 2014 452.78 Mn
Oct 27, 2013 443.43 Mn
Jul 28, 2013 440.00 Mn
Apr 28, 2013 435.79 Mn
Jan 27, 2013 402.03 Mn
Oct 28, 2012 384.44 Mn
Jul 29, 2012 401.10 Mn
Apr 29, 2012 390.54 Mn
Jan 29, 2012 367.70 Mn
Oct 30, 2011 359.63 Mn
Jul 31, 2011 351.25 Mn
May 1, 2011 329.64 Mn
Jan 30, 2011 246.58 Mn
Oct 31, 2010 288.28 Mn
Aug 1, 2010 309.50 Mn
May 2, 2010 308.98 Mn
Jan 31, 2010 304.44 Mn
Oct 25, 2009 283.94 Mn
Jul 26, 2009 266.83 Mn
Apr 26, 2009 420.66 Mn
Jan 25, 2009 316.75 Mn