Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Common-Size Income Statement

NVIDIA Corp., common-size consolidated income statement

Microsoft Excel LibreOffice Calc
12 months ended: Jan 31, 2021 Jan 26, 2020 Jan 27, 2019 Jan 28, 2018 Jan 29, 2017 Jan 31, 2016
Revenue 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenue -37.66 -38.01 -38.79 -40.07 -41.20 -43.89
Gross profit 62.34% 61.99% 61.21% 59.93% 58.80% 56.11%
Research and development -23.53 -25.91 -20.28 -18.50 -21.17 -26.57
Sales, general and administrative -11.63 -10.01 -8.46 -8.39 -9.59 -12.02
Restructuring and other charges 0.00 0.00 0.00 0.00 -0.04 -2.61
Operating expenses -35.17% -35.92% -28.74% -26.89% -30.81% -41.20%
Income from operations 27.18% 26.07% 32.47% 33.05% 27.99% 14.91%
Interest income 0.34 1.63 1.16 0.71 0.78 0.78
Interest expense -1.10 -0.48 -0.50 -0.63 -0.84 -0.94
Other, net 0.02 -0.02 0.12 -0.23 -0.36 0.08
Other income (expense), net -0.74% 1.14% 0.79% -0.14% -0.42% -0.08%
Income before income tax 26.44% 27.20% 33.25% 32.90% 27.57% 14.83%
Income tax (expense) benefit -0.46 -1.59 2.09 -1.53 -3.46 -2.57
Net income 25.98% 25.61% 35.34% 31.37% 24.11% 12.26%

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. NVIDIA Corp. income from operations as a percentage of revenue decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.
Income before income tax Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. NVIDIA Corp. income before income tax as a percentage of revenue decreased from 2019 to 2020 and from 2020 to 2021.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. NVIDIA Corp. net income as a percentage of revenue decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.