Nvidia (NVDA) Operating Leases (2019 - 2026)
Nvidia's (NVDA) quarterly Operating Leases came in at $5.5 billion in Q3 2026, up 157.69% on a YoY basis from $2.1 billion in Q3 2025, and up 26.47% quarter-over-quarter from $4.3 billion in Q2 2026.
Analysis
Nvidia (NVDA) Operating Leases (2019 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Operating Leases for 8 consecutive years, with $5.5 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Leases rose 157.69% year-over-year to $5.5 billion; the trailing twelve-month figure through Jul 2026 stood at $5.5 billion (up 157.69% YoY), and the FY2026 full-year result was $2.6 billion, up 69.32% from the prior year.
- Operating Leases rose to $5.5 billion in Q3 2026 per NVDA's latest filing, from $4.3 billion in the prior quarter.
- Across five years, Operating Leases topped out at $5.5 billion in Q3 2026 and bottomed at $741.0 million in Q1 2022.
- Historically, Operating Leases has averaged $1.8 billion across 5 years, with a median of $1.5 billion in 2025.
- The sharpest annual moves came in 2022 and 2026: Operating Leases increased 4.72% in 2022, then jumped 157.69% in 2026.
- Over 5 years, Operating Leases stood at $954.0 million in 2022, then surged by 38.47% to $1.3 billion in 2023, then soared by 33.46% to $1.8 billion in 2024, then surged by 33.58% to $2.4 billion in 2025, then jumped by 133.29% to $5.5 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $5.5 billion, $4.3 billion, and $2.6 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn |
| 10 | Sitime | 16.85 Bn | 14.93 Bn | 99.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 5.49 Bn |
| Apr 26, 2026 | 4.34 Bn |
| Jan 25, 2026 | 2.57 Bn |
| Oct 26, 2025 | 2.36 Bn |
| Jul 27, 2025 | 2.13 Bn |
| Apr 27, 2025 | 1.82 Bn |
| Jan 26, 2025 | 1.52 Bn |
| Oct 27, 2024 | 1.76 Bn |
| Jul 28, 2024 | 1.55 Bn |
| Apr 28, 2024 | 1.53 Bn |
| Jan 28, 2024 | 1.12 Bn |
| Oct 29, 2023 | 1.32 Bn |
| Jul 30, 2023 | 1.25 Bn |
| Apr 30, 2023 | 1.13 Bn |
| Jan 29, 2023 | 902.00 Mn |
| Oct 30, 2022 | 954.00 Mn |
| Jul 31, 2022 | 888.00 Mn |
| May 1, 2022 | 899.00 Mn |
| Jan 30, 2022 | 741.00 Mn |
| Oct 31, 2021 | 883.00 Mn |