NVIDIA Past Earnings Performance

Past criteria checks 6/6

NVIDIA has been growing earnings at an average annual rate of 19.3%, while the Semiconductor industry saw earnings growing at 30.8% annually. Revenues have been growing at an average rate of 24.9% per year. NVIDIA's return on equity is 37.5%, and it has net margins of 31.6%.

Key information

19.3%

Earnings growth rate

18.7%

EPS growth rate

Semiconductor Industry Growth	30.8%
Revenue growth rate	24.9%
Return on equity	37.5%
Net Margin	31.6%
Next Earnings Update	21 Nov 2023

Recent past performance updates

Recent updates

Forecast: Analysts Think NVIDIA Corporation's (NASDAQ:NVDA) Business Prospects Have Improved Drastically

Aug 25

Capital Allocation Trends At NVIDIA (NASDAQ:NVDA) Aren't Ideal

Aug 18

We Think NVIDIA (NASDAQ:NVDA) Can Stay On Top Of Its Debt

Jul 31

Party Time: Brokers Just Made Major Increases To Their NVIDIA Corporation (NASDAQ:NVDA) Earnings Forecasts

May 29

NVIDIA's (NASDAQ:NVDA) Returns On Capital Not Reflecting Well On The Business

May 13

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

Apr 25

NVIDIA (NASDAQ:NVDA) Could Be Struggling To Allocate Capital

Jan 31

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

Jan 12

What Is NVIDIA Corporation's (NASDAQ:NVDA) Share Price Doing?

Dec 18

Nvidia, Alibaba and Palo Alto - Our lukewarm takes on last week's earnings

Nov 21

An Intrinsic Calculation For NVIDIA Corporation (NASDAQ:NVDA) Suggests It's 26% Undervalued

Oct 27

Nvidia: Does It Pass The 5P Stock Scoring System?

Oct 18

Is NVIDIA (NASDAQ:NVDA) Using Too Much Debt?

Oct 12

Nvidia And Taiwan Semiconductor: Buy Now As China Stockpiles GPUs For AI

Oct 10

Forget Exciting Nvidia, Buy 'Old Boring' Texas Instruments Instead

Oct 03

Nvidia: Interesting Setup

Sep 27

This section of the company report contains some beta features.

Revenue & Expenses Breakdown
Beta

How NVIDIA makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:NVDA Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jul 23	32,681	10,326	2,510	7,812
30 Apr 23	25,878	4,793	2,481	7,596
29 Jan 23	26,974	4,368	2,440	7,339
30 Oct 22	28,566	5,957	2,378	6,853
31 Jul 22	29,738	7,741	2,303	6,313
01 May 22	29,541	9,458	2,238	5,733
30 Jan 22	26,914	9,752	2,166	5,268
31 Oct 21	24,274	8,206	2,078	4,948
01 Aug 21	21,897	7,078	2,038	4,590
02 May 21	19,256	5,327	2,139	4,342
31 Jan 21	16,675	4,332	1,912	3,924
25 Oct 20	14,777	3,826	1,724	3,516
26 Jul 20	13,065	3,388	1,484	3,182
26 Apr 20	11,778	3,319	1,122	2,890
26 Jan 20	10,918	2,796	1,093	2,829
27 Oct 19	10,018	2,411	1,072	2,738
28 Jul 19	10,185	2,743	1,053	2,631
28 Apr 19	10,729	3,291	1,024	2,508
27 Jan 19	11,716	4,141	991	2,376
28 Oct 18	12,422	4,694	946	2,236
29 Jul 18	11,877	4,301	899	2,094
29 Apr 18	10,984	3,784	861	1,928
28 Jan 18	9,714	3,047	815	1,797
29 Oct 17	8,976	2,582	770	1,684
30 Jul 17	8,344	2,288	730	1,593
30 Apr 17	7,542	1,965	689	1,528
29 Jan 17	6,910	1,666	663	1,463
30 Oct 16	6,138	1,220	578	1,413
31 Jul 16	5,439	923	559	1,370
01 May 16	5,164	688	553	1,338
31 Jan 16	5,010	614	602	1,331
25 Oct 15	4,860	600	560	1,336
26 Jul 15	4,780	526	532	1,346
26 Apr 15	4,730	628	499	1,365
25 Jan 15	4,682	631	480	1,360
26 Oct 14	4,575	584	477	1,348
27 Jul 14	4,404	531	456	1,349
27 Apr 14	4,278	499	446	1,343
26 Jan 14	4,130	440	436	1,336
27 Oct 13	4,093	467	444	1,297
28 Jul 13	4,243	557	441	1,241
28 Apr 13	4,310	580	430	1,191
27 Jan 13	4,280	563	428	1,147

Quality Earnings: NVDA has high quality earnings.

Growing Profit Margin: NVDA's current net profit margins (31.6%) are higher than last year (26.1%).

Past Earnings Growth Analysis

Earnings Trend: NVDA's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: NVDA's earnings growth over the past year (33.1%) exceeds its 5-year average (19.3% per year).

Earnings vs Industry: NVDA earnings growth over the past year (33.1%) exceeded the Semiconductor industry -3.1%.

NVIDIA Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

NVIDIA Corporation to Report Q2, 2024 Results on Aug 23, 2023

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS exceeds analyst expectations

NVIDIA Corporation to Report Q4, 2023 Results on Feb 22, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

A Look At The Intrinsic Value Of NVIDIA Corporation (NASDAQ:NVDA)

Segway Robotics and Nvidia Launches Nova Carter AMR, A Complete Robotics Development Platform

Is NVIDIA Corporation (NASDAQ:NVDA) Potentially Undervalued?

Adeia and NVIDIA Resolve Litigation

Is Now The Time To Put NVIDIA (NASDAQ:NVDA) On Your Watchlist?

Consensus revenue estimates increase by 22%

Independent Director recently sold US$25m worth of stock

Executive VP & CFO notifies of intention to sell stock

Upcoming dividend of US$0.04 per share

Forecast: Analysts Think NVIDIA Corporation's (NASDAQ:NVDA) Business Prospects Have Improved Drastically

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

NVIDIA Corporation Provides Earnings Guidance for the Third Quarter of 2024

NVIDIA Corporation AI-Ready Servers from System Manufacturers to Supercharge Generative AI for Enterprises

Capital Allocation Trends At NVIDIA (NASDAQ:NVDA) Aren't Ideal

NVIDIA AI Workbench Speeds Adoption of Custom Generative AI for World's Enterprises

We Think NVIDIA (NASDAQ:NVDA) Can Stay On Top Of Its Debt

NVIDIA Names Melissa Lora to Board of Directors

NVIDIA Reportedly in Talks to Be an Anchor Investor in Arm IPO

Independent Director recently sold US$51m worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$1.3m worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$28m worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$38m worth of stock

Upcoming dividend of US$0.04 per share

Party Time: Brokers Just Made Major Increases To Their NVIDIA Corporation (NASDAQ:NVDA) Earnings Forecasts

NVIDIA Announces NVIDIA Avatar Cloud Engine for Games

Independent Director notifies of intention to sell stock

NVIDIA Corporation to Report Q2, 2024 Results on Aug 23, 2023

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

NVIDIA Corporation Announces Quarterly Dividend, Payable on June 30, 2023

Executive Vice President of Operations notifies of intention to sell stock

NVIDIA's (NASDAQ:NVDA) Returns On Capital Not Reflecting Well On The Business

NVIDIA Corporation, Annual General Meeting, Jun 22, 2023

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

Independent Director recently sold US$1.4m worth of stock

Price target increased by 7.2% to US$272

Price target increased by 7.2% to US$271

Price target increased by 7.3% to US$270

Independent Lead Director recently sold US$4.7m worth of stock

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.04 per share at 0.1% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Price target increased by 15% to US$240

Executive Vice President of Operations notifies of intention to sell stock

NVIDIA (NASDAQ:NVDA) Could Be Struggling To Allocate Capital

Investor sentiment improves as stock rises 15%

Independent Director notifies of intention to sell stock

Independent Director recently sold US$33m worth of stock

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

NVIDIA Brings RTX 4080 to GeForce NOW

VP & Chief Accounting Officer recently sold US$419k worth of stock

What Is NVIDIA Corporation's (NASDAQ:NVDA) Share Price Doing?

Co-Founder exercised options to buy US$40m worth of stock.

Co-Founder exercised options and sold US$1.5m worth of stock

Co-Founder exercised options to buy US$38m worth of stock.

NVIDIA Corporation to Report Q4, 2023 Results on Feb 22, 2023

Upcoming dividend of US$0.04 per share

Nvidia, Alibaba and Palo Alto - Our lukewarm takes on last week's earnings

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

NVIDIA Corporation Announces Cash Dividend, Payable on December 22, 2022

NVIDIA Omniverse Opens Portals for Scientists to Explore Universe

Investor sentiment improved over the past week

An Intrinsic Calculation For NVIDIA Corporation (NASDAQ:NVDA) Suggests It's 26% Undervalued

Google Reportedly in Talks to Invest in Cohere

NVIDIA Corporation to Report Q3, 2023 Results on Nov 16, 2022

Nvidia: Does It Pass The 5P Stock Scoring System?

Co-Founder exercised options to buy US$26m worth of stock.

Revenue & Expenses Breakdown
Beta