TTM
64.0%
YoY change
−2.04pp
Trough year (2010)
-3.0%
Peak year (2025)
62.4%
Latest annual
60.4%
Operating Margin history chart for NVIDIA (NVDA) from 1999 to 2026
Latest: 60.4%
Operating Margin change chart for NVIDIA (NVDA) from 1999 to 2026
Latest: −2.04pp
Operating Margin history table for NVIDIA (NVDA) from 1999 to 2026
| 2026 | 60.4% | -2.04pp | ||
| 2025 | 62.4% | +8.30pp | ||
| 2024 | 54.1% | +38.46pp | ||
| 2023 | 15.7% | -21.65pp | ||
| 2022 | 37.3% | +10.13pp | ||
| 2021 | 27.2% | +1.11pp | ||
| 2020 | 26.1% | -6.40pp | ||
| 2019 | 32.5% | -0.58pp | ||
| 2018 | 33.0% | +5.06pp | ||
| 2017 | 28.0% | +13.08pp | ||
| 2016 | 14.9% | -1.30pp | ||
| 2015 | 16.2% | +4.20pp | ||
| 2014 | 12.0% | -3.14pp | ||
| 2013 | 15.1% | -1.07pp | ||
| 2012 | 16.2% | +9.00pp | ||
| 2011 | 7.2% | +10.19pp | ||
| 2010 | -3.0% | -0.91pp | ||
| 2009 | -2.1% | -22.47pp | ||
| 2008 | 20.4% | +5.63pp | ||
| 2007 | 14.8% | +0.61pp | ||
| 2006 | 14.2% | +9.44pp | ||
| 2005 | 4.7% | -0.21pp | ||
| 2004 | 4.9% | -2.60pp | ||
| 2003 | 7.5% | -10.11pp | ||
| 2002 | 17.7% | +0.22pp | ||
| 2001 | 17.4% | +1.78pp | ||
| 2000 | 15.7% | +12.81pp | ||
| 1999 | 2.8% | — |
- 202660.4%-2.04pp
- 202562.4%+8.30pp
- 202454.1%+38.46pp
- 202315.7%-21.65pp
- 202237.3%+10.13pp
- 202127.2%+1.11pp
- 202026.1%-6.40pp
- 201932.5%-0.58pp
- 201833.0%+5.06pp
- 201728.0%+13.08pp
- 201614.9%-1.30pp
- 201516.2%+4.20pp
- 201412.0%-3.14pp
- 201315.1%-1.07pp
- 201216.2%+9.00pp
- 20117.2%+10.19pp
- 2010-3.0%-0.91pp
- 2009-2.1%-22.47pp
- 200820.4%+5.63pp
- 200714.8%+0.61pp
- 200614.2%+9.44pp
- 20054.7%-0.21pp
- 20044.9%-2.60pp
- 20037.5%-10.11pp
- 200217.7%+0.22pp
- 200117.4%+1.78pp
- 200015.7%+12.81pp
- 19992.8%—
Operating Margin values are taken from NVIDIA's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at NVIDIA (NVDA)
According to NVIDIA's latest reported financial statements, the company's latest reported operating margin is 64.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
NVIDIA (NVDA) most recent annual operating margin stands at 60.38% (2026) – contracted 2.0 percentage points year-over-year.
62.42% stands as the all-time-high annual operating margin, posted in 2025, against a low of -2.97% during 2010.
NVIDIA Operating Margin by Year
NVIDIA Operating Margin 2026: 60.4%
2026's operating margin for NVIDIA came in at 60.38%, contracted 2.0 percentage points from 2025.
NVIDIA Operating Margin 2025: 62.4%
NVIDIA posted operating margin of 62.42% in 2025, expanded 8.3 percentage points from 2024. This figure represents the highest annual value in the available history.
NVIDIA Operating Margin 2024: 54.1%
In 2024, NVIDIA reported operating margin of 54.12%, expanded 38.5 percentage points from 2023.
NVIDIA Operating Margin 2023: 15.7%
NVIDIA operating margin in 2023 was 15.66%, contracted 21.6 percentage points from 2022.
NVIDIA Operating Margin 2022: 37.3%
NVIDIA operating margin in 2022 was 37.31%.
See more financial history for NVIDIA (NVDA).
Sector peers by Operating Margin
Technology peers of NVIDIA (NVDA), ranked by their latest operating margin
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 30.8% | |
| 11.7% |
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 30.8%
- 11.7%
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