How does NVIDIA (NVDA) make money?

NVIDIA (NVDA) generates revenue primarily from Data Center, which accounted for 90.7% of total revenue in TTM through Q2 2026. The company reported $253.49B in revenue and converted 63% of it into net profit, equivalent to roughly $159.61B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of NVIDIA (NVDA)?

NVIDIA (NVDA) reported a gross profit margin of 74.1% in TTM through Q2 2026, equivalent to $187.95B in gross profit on $253.49B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of NVIDIA (NVDA)?

NVIDIA (NVDA) reported an operating profit margin of 64% in TTM through Q2 2026, equivalent to $162.28B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of NVIDIA (NVDA)?

NVIDIA (NVDA) reported a net profit margin of 63% in TTM through Q2 2026, equivalent to $159.61B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is NVIDIA (NVDA) profitable?

Yes. NVIDIA (NVDA) reported $159.61B in net income for TTM through Q2 2026, with a net profit margin of 63%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does NVIDIA (NVDA) invest in research and development?

NVIDIA (NVDA) invested $20.83B in research and development during TTM through Q2 2026, roughly 8.2% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does NVIDIA (NVDA) spend on capital expenditures?

NVIDIA (NVDA) spent $6.57B on capital expenditures (CapEx) during TTM through Q2 2026, roughly 2.6% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does NVIDIA (NVDA) generate?

NVIDIA (NVDA) generated $119.08B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 47.0%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of NVIDIA (NVDA)?

NVIDIA (NVDA) had an effective tax rate of 15.7% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of NVIDIA (NVDA)?

NVIDIA (NVDA) reports revenue across 6 reportable product segments, led by Data Center at 90.7% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does NVIDIA (NVDA) generate most of its revenue?

UNITED STATES is the largest geographic market for NVIDIA (NVDA), accounting for 70.6% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How NVIDIA Makes Money: 2026 Visual Revenue Map

NVIDIA (NVDA) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending April 26, 2026 (reported May 20, 2026).

NVIDIA (NVDA) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for NVIDIA (NVDA) in TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Data Center	$229.87B	90.7%
Gaming	$12.28B	4.8%
Edge Computing	$6.37B	2.5%
Pro Viz	$2.68B	1.1%
Automotive	$1.78B	0.7%
OEM & Other	$508.00M	0.2%
Total	$253.49B	100%

Data Center$229.87B
Gaming$12.28B
Edge Computing$6.37B
Pro Viz$2.68B
Automotive$1.78B
OEM & Other$508.00M
Total$253.49B

NVIDIA (NVDA) Revenue by Geography — TTM through Q2 2027

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for NVIDIA (NVDA), TTM through Q2 2027
Region	Revenue (USD)	% of total
UNITED STATES	$192.65B	70.6%
TAIWAN, PROVINCE OF CHINA	$47.19B	17.3%
CHINA	$18.70B	6.9%
SINGAPORE	$10.16B	3.7%
Other Americas	$4.21B	1.5%
Total	$272.92B	100%

UNITED STATES
TAIWAN, PROVINCE OF CHINA
CHINA
SINGAPORE
Other Americas
Total

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, NVIDIA (NVDA) reports revenue across 6 operating segments; the largest segment was Data Center at 90.7%, followed by Gaming (4.8%) and Edge Computing (2.5%). Separately, by end-market geography, UNITED STATES accounted for 70.6% of revenue, followed by TAIWAN, PROVINCE OF CHINA (17.3%) and CHINA (6.9%).

Frequently asked questions

Data & methodology

NVIDIA (NVDA) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation