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
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 |
| 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 |