Nvidia (NVDA) Other Working Capital Changes (2011 - 2026)
Nvidia's Other Working Capital Changes came in at $5.26 billion for fiscal Q2 2027 (quarter ended Jul 26, 2026), up 242.0% from $1.54 billion a year earlier and up 332.5% from the prior quarter.
Nvidia (NVDA) Other Working Capital Changes (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 26, 2026, Nvidia reported Other Working Capital Changes of $7.35 billion, up 354.5% year-over-year; for FY2026 (ended Jan 25, 2026), it was $1.84 billion, up 51.0% from FY2025.
- Other Working Capital Changes carries a five-year compound annual growth rate of 36.2% (FY2021 to FY2026).
- Going back by fiscal year, Other Working Capital Changes was $1.22 billion in FY2025 (-19.8%), $1.52 billion in FY2024 (+0.3%), $1.52 billion in FY2023 (-11.5%) and $1.72 billion in FY2022 (+335.3%).
- The fiscal Q2 2027 figure represents the highest quarterly Other Working Capital Changes in data going back to fiscal Q1 2012.
- Year-over-year, Other Working Capital Changes increased in three of the last four quarters, with growth averaging 60.5%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in fiscal Q2 2023 (growth of 474.5%), and the weakest in fiscal Q1 2024 (a decline of 83.0%).
- Business Quant data shows NVDA's Other Working Capital Changes at $1.22 billion (Q1 2027), $533 million (Q4 2026) and $332 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 5.26 Bn |
| Apr 26, 2026 | 1.22 Bn |
| Jan 25, 2026 | 533.00 Mn |
| Oct 26, 2025 | 332.00 Mn |
| Jul 27, 2025 | 1.54 Bn |
| Apr 27, 2025 | -560.00 Mn |
| Jan 26, 2025 | 372.00 Mn |
| Oct 27, 2024 | 265.00 Mn |
| Jul 28, 2024 | -142.00 Mn |
| Apr 28, 2024 | 726.00 Mn |
| Jan 28, 2024 | 1.19 Bn |
| Oct 29, 2023 | -255.00 Mn |
| Jul 30, 2023 | 377.00 Mn |
| Apr 30, 2023 | 215.00 Mn |
| Jan 29, 2023 | 210.00 Mn |
| Oct 30, 2022 | -247.00 Mn |
| Jul 31, 2022 | 293.00 Mn |
| May 1, 2022 | 1.26 Bn |
| Jan 30, 2022 | 158.00 Mn |
| Oct 31, 2021 | 1.46 Bn |
Nvidia Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NVDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "NVDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();