Nvidia (NVDA) Operating Expenses (2009 - 2026)
Nvidia (NVDA) posted Operating Expenses of $7.6 billion for Q2 2026, up 12.17% quarter-over-quarter from $6.8 billion in Q1 2026, and up 51.51% year-on-year from $5.0 billion in Q2 2025.
Nvidia (NVDA) Operating Expenses (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Operating Expenses for 18 consecutive years, with $7.6 billion the latest figure, recorded in Q2 2026.
- Operating Expenses for Q2 2026 came in at $7.6 billion, up 51.51% year-over-year; the trailing twelve-month figure through Apr 2026 was $25.7 billion (up 43.09% YoY), and the FY2026 annual result was $23.1 billion, up 40.66% from the prior year.
- Operating Expenses was $7.6 billion for Q2 2026 at Nvidia, up from $6.8 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $7.6 billion in Q2 2026 and troughed at -$102.0 million in Q1 2024.
- Average Operating Expenses over 5 years is $3.8 billion, with a median of $3.5 billion recorded in 2022.
- Year-over-year, Operating Expenses sank 103.96% in 2024 and jumped 4697.06% in 2025.
- Over 5 years, Operating Expenses stood at $2.6 billion in 2022, then increased 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.
- Per Business Quant data, the three most recent Operating Expenses figures were $7.6 billion in Q2 2026, $6.8 billion in Q1 2026, and $5.8 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 1.72 Bn |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 3.94 Bn |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 8.48 Bn |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 2.13 Mn |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -1.02 Bn |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 991.00 Mn |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 921.40 Mn |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 8.29 Bn |
| 10 | Analog Devices | 189.67 Bn | 186.23 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 |