Nvidia (NVDA) Operating Expenses (2009 - 2026)

Nvidia (NVDA) reported Operating Expenses of $7.6 billion for Q2 2026, up 51.51% on a YoY basis from $5.0 billion in Q2 2025, and up 12.17% quarter-over-quarter from $6.8 billion in Q1 2026.

Nvidia (NVDA) Operating Expenses (2009 - 2026) Analysis & Trends

Nvidia has reported Operating Expenses for 18 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $7.6 billion in Q2 2026, with the low at -$102.0 million in Q1 2024.
  • Historically, Operating Expenses has averaged $3.8 billion across 5 years, with a median of $3.5 billion in 2022.
  • Annual changes were most pronounced in 2024 — Operating Expenses tumbled 103.96% — and 2025, when it surged 4697.06%.
  • Nvidia's Operating Expenses 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 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 7.62 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 4.63 Bn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 1.59 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn 2.97 Bn
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 3.94 Bn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn 8.48 Bn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 991.00 Mn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 921.40 Mn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn 8.29 Bn
10 Analog Devices 212.24 Bn 208.80 Bn 2.44 Bn 1.06 Bn

Historic Data

Download Data
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