Stock Analysis on Net
Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Common-Size Income Statement
Quarterly Data

Beginner level

NVIDIA Corp., common-size consolidated income statement (quarterly data)

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3 months ended: Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014
Revenue 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenue -41.15 -34.94 -35.10 -36.43 -40.25 -41.62 -45.26 -39.61 -36.76 -35.52 -38.13 -40.48 -41.61 -40.63 -40.04 -40.97 -42.16 -42.45 -43.61 -43.75 -45.01 -43.27 -44.05 -44.78 -43.87 -45.21
Gross profit 58.85% 65.06% 64.90% 63.57% 59.75% 58.38% 54.74% 60.39% 63.24% 64.48% 61.87% 59.52% 58.39% 59.37% 59.96% 59.03% 57.84% 57.55% 56.39% 56.25% 54.99% 56.73% 55.95% 55.22% 56.13% 54.79%
Research and development -25.79 -23.86 -23.80 -23.62 -27.30 -30.36 -29.39 -19.02 -18.60 -16.90 -17.45 -17.53 -18.65 -21.22 -18.13 -18.61 -24.51 -26.51 -24.48 -25.21 -27.75 -29.45 -27.85 -27.75 -30.57 -30.31
Sales, general and administrative -16.22 -9.51 -9.21 -9.19 -10.31 -11.89 -12.02 -8.11 -7.59 -7.20 -7.56 -8.04 -8.88 -9.55 -8.10 -8.53 -10.99 -12.18 -11.63 -11.65 -12.92 -11.99 -9.61 -10.06 -10.76 -10.75
Restructuring and other charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.14 -0.08 -2.43 -0.61 -7.72 0.00 0.00 0.00 0.00 0.00
Operating expenses -42.01% -33.38% -33.01% -32.81% -37.61% -42.25% -41.41% -27.13% -26.19% -24.10% -25.01% -25.57% -27.53% -30.77% -26.23% -27.15% -35.64% -38.77% -38.54% -37.47% -48.40% -41.44% -37.46% -37.82% -41.33% -41.06%
Income from operations 16.84% 31.69% 31.88% 30.76% 22.14% 16.13% 13.33% 33.26% 37.05% 40.38% 36.86% 33.95% 30.85% 28.60% 33.73% 31.89% 22.20% 18.77% 17.84% 18.77% 6.59% 15.29% 18.48% 17.41% 14.80% 13.73%
Interest income 0.34 1.01 1.35 1.49 1.82 1.98 1.90 1.16 1.02 0.78 0.72 0.64 0.67 0.83 0.74 0.70 0.84 0.92 0.86 0.69 0.78 0.78 0.65 0.61 0.62 0.52
Interest expense -1.40 -0.81 -0.42 -0.43 -0.50 -0.59 -0.63 -0.47 -0.45 -0.47 -0.52 -0.57 -0.67 -0.83 -0.83 -0.80 -0.84 -0.92 -0.79 -0.92 -1.04 -1.04 -0.93 -0.94 -1.05 -1.04
Other, net -0.03 -0.03 -0.10 0.00 0.04 0.00 0.09 0.03 0.16 0.19 0.03 -0.04 -0.18 -0.93 -0.23 -0.80 0.00 -0.31 0.21 0.23 -0.09 -0.09 0.02 -0.01 -0.35 1.60
Other income (expense), net -1.09% 0.16% 0.84% 1.06% 1.36% 1.40% 1.36% 0.72% 0.74% 0.50% 0.24% 0.04% -0.18% -0.93% -0.32% -0.90% 0.00% -0.31% 0.29% 0.00% -0.35% -0.35% -0.26% -0.35% -0.78% 1.08%
Income before income tax 15.75% 31.85% 32.72% 31.82% 23.50% 17.52% 14.69% 33.98% 37.78% 40.88% 37.10% 33.99% 30.67% 27.67% 33.41% 30.99% 22.20% 18.47% 18.13% 18.77% 6.24% 14.94% 18.22% 17.06% 14.02% 14.81%
Income tax (expense) benefit 0.34 -2.08 -2.09 -1.99 -2.09 0.23 10.98 4.68 -2.53 -2.09 1.34 -2.20 -4.53 -1.50 -3.27 -3.94 -3.92 -2.53 -3.28 0.08 -3.99 -3.30 -2.78 -2.95 -2.42 -2.43
Net income 16.09% 29.77% 30.63% 29.83% 21.40% 17.75% 25.67% 38.67% 35.25% 38.79% 38.44% 31.79% 26.14% 26.17% 30.14% 27.05% 18.28% 15.94% 14.85% 18.85% 2.25% 11.64% 15.44% 14.12% 11.60% 12.38%

Based on: 10-Q (filing date: 2020-08-19), 10-Q (filing date: 2020-05-21), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-14), 10-Q (filing date: 2019-08-15), 10-Q (filing date: 2019-05-16), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-11-15), 10-Q (filing date: 2018-08-16), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-23), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-01), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-17), 10-Q (filing date: 2015-11-18), 10-Q (filing date: 2015-08-19), 10-Q (filing date: 2015-05-20), 10-K (filing date: 2015-03-12), 10-Q (filing date: 2014-11-19), 10-Q (filing date: 2014-08-20), 10-Q (filing date: 2014-05-21).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. NVIDIA Corp.’s income from operations as a percentage of revenue decreased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 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.’s income before income tax as a percentage of revenue decreased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. NVIDIA Corp.’s net income as a percentage of revenue decreased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.