Nvidia (NVDA) Operating Margin (2009 - 2026)
Nvidia's (NVDA) quarterly Operating Margin came in at 65.6% in Q2 2026, up 1649.0% YoY from 3.75% in Q2 2025, and up 0.88% on a QoQ basis from 65.02% in Q1 2026.
Nvidia (NVDA) Operating Margin (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has 18 years of Operating Margin data on file, last reported at 65.6% in Q2 2026.
- Quarterly Operating Margin rose 1649.0% year-over-year to 65.6% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 64.02% (up 599.0% YoY) and the FY2026 annual result came in at 60.38%, down 204.0% from the prior year.
- Operating Margin advanced to 65.6% in Q2 2026, from 65.02% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 65.6% in Q2 2026 to a low of 0.61% in Q1 2024.
- A 5-year average of 44.01% and a median of 53.92% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 3012 bps — and 2025, when it surged 6050 bps.
- Tracing NVDA's Operating Margin over 5 years: stood at 10.13% in 2022, then soared by 467 bps to 57.49% in 2023, then grew by 8 bps to 62.34% in 2024, then climbed by 1 bps to 63.17% in 2025, then increased by 4 bps to 65.6% in 2026.
- The last three Operating Margin figures came in at 65.6% (Q2 2026), 65.02% (Q1 2026), and 63.17% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 58.10% |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 65.60% |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 48.62% |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 14.40% |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 11.14% |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | -273.90% |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | 7.06% |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 42.28% |
| 10 | Analog Devices | 176.28 Bn | 172.84 Bn | 2.44 Bn | 38.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Aug 1, 2021 | 37.56% |