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
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