Nvidia (NVDA) Operating Expenses (2009 - 2026)
Nvidia's (NVDA) quarterly Operating Expenses came in at $7.6 billion in Q2 2026, up 51.51% YoY from $5.0 billion in Q2 2025, and up 12.17% on a QoQ basis from $6.8 billion in Q1 2026.
Nvidia (NVDA) Operating Expenses (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has 18 years of Operating Expenses data on file, last reported at $7.6 billion in Q2 2026.
- Quarterly Operating Expenses rose 51.51% year-over-year to $7.6 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $25.7 billion (up 43.09% YoY) and the FY2026 annual result came in at $23.1 billion, up 40.66% from the prior year.
- Operating Expenses improved to $7.6 billion in Q2 2026, from $6.8 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.6 billion in Q2 2026 to a low of -$102.0 million in Q1 2024.
- A 5-year average of $3.8 billion and a median of $3.5 billion in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 103.96% — and 2025, when it surged 4697.06%.
- Tracing NVDA's Operating Expenses over 5 years: stood at $2.6 billion in 2022, then advanced by 15.8% to $3.0 billion in 2023, then soared by 43.71% to $4.3 billion in 2024, then jumped by 36.2% to $5.8 billion in 2025, then soared 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 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 2.97 Bn |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 7.62 Bn |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 4.63 Bn |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 3.94 Bn |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 4.71 Bn |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | 2.13 Mn |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | -1.16 Bn |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 1.04 Bn |
| 10 | Analog Devices | 176.28 Bn | 172.84 Bn | 2.44 Bn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |