Nvidia (NVDA) Operating Margin (2009 - 2026)
Nvidia's (NVDA) quarterly Operating Margin came in at 66.24% in Q3 2026, up 539.0% on a YoY basis from 10.37% in Q3 2025, and up 0.98% quarter-over-quarter from 65.6% in Q2 2026.
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Nvidia (NVDA) Operating Margin (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Operating Margin for 18 consecutive years, with 66.24% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Margin rose 539.0% year-over-year to 66.24%; the trailing twelve-month figure through Jul 2026 stood at 65.21% (up 712.0% YoY), and the FY2026 full-year result was 60.38%, down 204.0% from the prior year.
- Operating Margin climbed to 66.24% in Q3 2026 per NVDA's latest filing, from 65.6% in the prior quarter.
- Across five years, Operating Margin topped out at 66.24% in Q3 2026 and bottomed at 0.61% in Q1 2024.
- Historically, Operating Margin has averaged 45.18% across 5 years, with a median of 57.49% in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Margin tumbled 3012 bps in 2022, then soared 6050 bps in 2025.
- Over 5 years, Operating Margin stood at 10.13% in 2022, then surged by 467 bps to 57.49% in 2023, then rose by 8 bps to 62.34% in 2024, then increased by 1 bps to 63.17% in 2025, then advanced by 5 bps to 66.24% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 66.24%, 65.6%, and 65.02% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,287.45 Bn | 5,222.22 Bn | 72.14 Bn | 66.24% |
| 2 | Broadcom | 1,720.27 Bn | 1,700.64 Bn | 15.42 Bn | 48.62% |
| 3 | Advanced Micro Devices | 841.14 Bn | 828.03 Bn | 6.20 Bn | 17.25% |
| 4 | Arm Holdings | 279.94 Bn | 276.06 Bn | 1.25 Bn | 7.06% |
| 5 | Marvell Technology | 211.71 Bn | 207.78 Bn | 1.46 Bn | 16.78% |
| 6 | Qualcomm | 192.32 Bn | 184.02 Bn | 5.28 Bn | 16.35% |
| 7 | Monolithic Power Systems | 60.61 Bn | 59.20 Bn | 541.07 Mn | 30.99% |
| 8 | Astera Labs | 50.19 Bn | 48.93 Bn | 287.57 Mn | 22.74% |
| 9 | Credo Technology Group Holding | 30.15 Bn | 29.38 Bn | 309.08 Mn | 25.20% |
| 10 | Sitime | 16.77 Bn | 14.84 Bn | 99.14 Mn | 5.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 66.24% |
| Apr 26, 2026 | 65.60% |
| Jan 25, 2026 | 65.02% |
| Oct 26, 2025 | 63.17% |
| Jul 27, 2025 | 60.84% |
| Apr 27, 2025 | 49.11% |
| Jan 26, 2025 | 61.11% |
| Oct 27, 2024 | 62.34% |
| Jul 28, 2024 | 62.06% |
| Apr 28, 2024 | 64.92% |
| Jan 28, 2024 | 0.61% |
| Oct 29, 2023 | 57.49% |
| Jul 30, 2023 | 50.34% |
| Apr 30, 2023 | 29.76% |
| Jan 29, 2023 | 20.76% |
| Oct 30, 2022 | 10.13% |
| Jul 31, 2022 | 7.44% |
| May 1, 2022 | 22.54% |
| Jan 30, 2022 | 38.86% |
| Oct 31, 2021 | 37.60% |