Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

NVIDIA Corp., consolidated income statement

US$ in millions

12 months ended:	Jan 26, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Jan 26, 2020
Revenue	130,497)	60,922)	26,974)	26,914)	16,675)	10,918)
Cost of revenue	(32,639)	(16,621)	(11,618)	(9,439)	(6,279)	(4,150)
Gross profit	97,858)	44,301)	15,356)	17,475)	10,396)	6,768)
Research and development	(12,914)	(8,675)	(7,339)	(5,268)	(3,924)	(2,829)
Sales, general and administrative	(3,491)	(2,654)	(2,440)	(2,166)	(1,940)	(1,093)
Acquisition termination cost	—)	—)	(1,353)	—)	—)	—)
Operating expenses	(16,405)	(11,329)	(11,132)	(7,434)	(5,864)	(3,922)
Operating income	81,453)	32,972)	4,224)	10,041)	4,532)	2,846)
Interest income	1,786)	866)	267)	29)	57)	178)
Interest expense	(247)	(257)	(262)	(236)	(184)	(52)
Other, net	1,034)	237)	(48)	107)	4)	(2)
Other income (expense), net	2,573)	846)	(43)	(100)	(123)	124)
Income before income tax	84,026)	33,818)	4,181)	9,941)	4,409)	2,970)
Income tax (expense) benefit	(11,146)	(4,058)	187)	(189)	(77)	(174)
Net income	72,880)	29,760)	4,368)	9,752)	4,332)	2,796)

Based on: 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26).

Download chart

NVIDIA Corp. (NASDAQ:NVDA)

Income Statement