Nvidia (NVDA) Operating Margin (2009 - 2026)

Nvidia (NVDA) has reported Operating Margin for 18 consecutive years, with 65.6% the latest figure, recorded in Q2 2026.

• Operating Margin for Q2 2026 came in at 65.6%, up 1649.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 64.02% (up 599.0% YoY), and the FY2026 annual result was 60.38%, down 204.0% from the prior year.
• Operating Margin was 65.6% for Q2 2026 at Nvidia, up from 65.02% in the prior quarter.
• Over five years, Operating Margin peaked at 65.6% in Q2 2026 and troughed at 0.61% in Q1 2024.
• Average Operating Margin over 5 years is 44.01%, with a median of 53.92% recorded in 2023.
• Year-over-year, Operating Margin plunged 3012 bps in 2022 and jumped 6050 bps in 2025.
• Over 5 years, Operating Margin stood at 10.13% in 2022, then soared by 467 bps to 57.49% in 2023, then gained by 8 bps to 62.34% in 2024, then rose by 1 bps to 63.17% in 2025, then advanced by 4 bps to 65.6% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 65.6% in Q2 2026, 65.02% in Q1 2026, and 63.17% in Q4 2025.