Nvidia (NVDA) Operating Margin (2009 - 2026)
Nvidia posted quarterly Operating Margin of 65.6% for Q2 2026, up 1649.0% year-on-year from 3.75% in Q2 2025, and up 0.88% on a QoQ basis from 65.02% in Q1 2026.
Nvidia (NVDA) has 18 years of Operating Margin data on file, last reported at 65.6% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 1649.0% year-over-year to 65.6%; the trailing twelve-month figure through Apr 2026 stood at 64.02% (up 599.0% YoY), and the FY2026 full-year result was 60.38%, down 204.0% from the prior year.
- Operating Margin for Q2 2026 stood at 65.6%, up from 65.02% in the prior quarter.
- Across five years, Operating Margin topped out at 65.6% in Q2 2026 and bottomed at 0.61% in Q1 2024.
- The 5-year median for Operating Margin is 53.92% (2023), against an average of 44.01%.
- The widest annual swing landed in 2022, when Operating Margin plunged 3012 bps; it then surged 6050 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 10.13% in 2022, then jumped by 467 bps to 57.49% in 2023, then increased by 8 bps to 62.34% in 2024, then grew by 1 bps to 63.17% in 2025, then rose 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 65.60% |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 44.34% |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 67.62% |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 14.40% |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | -23.10% |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 37.47% |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 25.49% |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 38.08% |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 14.04% |
| 10 | NXP Semiconductors | 78.76 Bn | 75.40 Bn | 1.79 Bn | 47.31% |
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% |
| May 2, 2021 | 34.55% |
| Jan 31, 2021 | 30.12% |
| Oct 25, 2020 | 29.58% |
| Jul 26, 2020 | 16.84% |
| Apr 26, 2020 | 31.69% |
| Jan 26, 2020 | 31.88% |
| Oct 27, 2019 | 30.76% |
| Jul 28, 2019 | 22.14% |
| Apr 28, 2019 | 16.13% |
| Jan 27, 2019 | 13.33% |
| Oct 28, 2018 | 33.26% |
| Jul 29, 2018 | 37.05% |
| Apr 29, 2018 | 40.38% |
| Jan 28, 2018 | 36.86% |
| Oct 29, 2017 | 33.95% |
| Jul 30, 2017 | 30.85% |
| Apr 30, 2017 | 28.60% |
| Jan 29, 2017 | 33.73% |
| Oct 30, 2016 | 31.89% |
| Jul 31, 2016 | 22.20% |
| May 1, 2016 | 18.77% |
| Jan 31, 2016 | 17.99% |
| Oct 25, 2015 | 18.77% |
| Jul 26, 2015 | 6.59% |
| Apr 26, 2015 | 15.29% |
| Jan 25, 2015 | 18.47% |
| Oct 26, 2014 | 17.39% |
| Jul 27, 2014 | 14.78% |
| Apr 27, 2014 | 13.69% |
| Jan 26, 2014 | 14.57% |
| Oct 27, 2013 | 13.38% |
| Jul 28, 2013 | 10.80% |
| Apr 28, 2013 | 8.67% |
| Jan 27, 2013 | 16.58% |
| Oct 28, 2012 | 20.95% |
| Jul 29, 2012 | 13.37% |
| Apr 29, 2012 | 7.87% |
| Jan 29, 2012 | 12.83% |
| Oct 30, 2011 | 18.49% |
| Jul 31, 2011 | 17.12% |
| May 1, 2011 | 16.10% |
| Jan 30, 2011 | 20.28% |
| Oct 31, 2010 | 12.30% |
| Aug 1, 2010 | -21.60% |
| May 2, 2010 | 14.71% |
| Jan 31, 2010 | 13.67% |
| Oct 25, 2009 | 11.94% |
| Jul 26, 2009 | -14.18% |
| Apr 26, 2009 | -34.77% |
| Jan 25, 2009 | -36.39% |