Stock Analysis on Net
Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Cash Flow Statement
Quarterly Data

Beginner level

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

NVIDIA Corp., consolidated cash flow statement (quarterly data)

US$ in millions

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3 months ended: Oct 25, 2020 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
Net income 1,336  622  917  951  898  553  394  566  1,230  1,101  1,244  1,119  837  584  507  654  543  261  208  208  246  26  134  193  173  128  137 
Stock-based compensation expense 383  374  224  220  223  223  178  157  138  133  129  126  107  82  76  71  65  58  53  59  52  48  45  42  41  38  36 
Depreciation and amortization 299  404  107  106  92  92  91  78  68  59  57  54  49  49  47  47  48  47  45  46  48  49  54  54  55  56  55 
Deferred income taxes (53) (80) 16  23  22  15  (42) (345) (83) 62  51  (517) 43  93  22  51  69  47  30  27  42  37  28  20  24  17  21 
Loss on early debt conversions —  —  —  —  —  —  —  —  —  —  —  —  14  15  —  —  —  —  —  —  —  —  —  — 
Restructuring and other charges —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  32  —  —  —  —  — 
Other (9) —  (2) (10) (13) (14) (8) 17  10  11  14  (7)
Accounts receivable (462) 44  (249) (201) 105  (319) 182  794  (557) (442) 56  (98) 45  (237) (150) (190) (121) (17) 31  (22) (59) 18  89  (93) (74) 28 
Inventories (93) 54  (151) 66  153  225  153  (156) (325) (293) (2) 61  —  (34) (27) (114) (157) (127) 23  17  (3) 45  (75) (20) (6)
Prepaid expenses and other assets (443) 42  (8) 22  19  31  13  (24) (6) (38) 47  (11) (13) (2) 10  (11) (18) (12) (17) (1) (1)
Accounts payable 226  (8) 71  103  136  78  (123) (359) 52  150  22  63  90  70  (133) (34) 87  99  32  (18) 20  54  (67) (37) 73  (49) (15)
Accrued and other current liabilities 30  113  (32) 157  (24) 50  (129) 109  51  177  (81) 48  (24) 96  (87) (51) (78) (7) 80  (101) 58  29  (11) 17  (29)
Other long-term liabilities 53  11  10  18  12  (15) 13  51  (50) (14) 15  450  15  15  (4) (31) 48  (50) (38) (57) 121  (32) (61) (69)
Changes in operating assets and liabilities, net of acquisitions (689) 256  (359) 165  401  50  101  452  (853) (428) (28) 571  115  (110) (391) (115) (316) (230) (18) 157  (148) (40) (20) 126  (82) (156) (91)
Adjustments to reconcile net income to net cash provided by operating activities (57) 945  (8) 514  742  383  326  332  (743) (188) 201  239  320  121  (225) 67  (111) (61) 111  303  137  112  250  43  (32) 15 
Net cash provided by operating activities 1,279  1,567  909  1,465  1,640  936  720  898  487  913  1,445  1,358  1,157  705  282  721  432  200  319  511  255  163  246  443  216  96  151 
Proceeds from maturities of marketable securities 4,133  1,032  —  —  1,152  1,373  2,219  965  3,310  2,718  239  339  289  250  200  257  206  331  175  164  385  249  238  177  237  317  134 
Proceeds from sales of marketable securities 243  258  211  3,126  26  314  37  44  33  61  76  77  649  307  338  372  529  451  236  590  825  272  231  324  545 
Proceeds from sale of long-lived assets and investments —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  21 
Purchases of marketable securities (4,554) (7,425) (861) —  —  (839) (622) (1,036) (2,976) (3,431) (3,705) —  —  —  (36) (885) (834) (946) (469) (808) (808) (594) (1,267) (736) (443) (682) (1,001)
Acquisition, net of cash acquired (1,353) (7,137) (34) —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Purchases related to property and equipment and intangible assets (473) (217) (155) (145) (103) (113) (128) (203) (150) (129) (118) (416) (69) (54) (54) (51) (38) (32) (55) (15) (17) (24) (30) (31) (40) (23) (29)
Reimbursement of headquarters building development costs from banks —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  24  —  —  —  —  — 
Investments and other, net (1) (6) (8) (4) (2) —  —  (2) (7) —  (10) (10) (11) (5) (2) —  (4) (5) —  —  (1) —  —  —  — 
Net cash (used in) provided by investing activities (2,001) (13,490) (1,055) (151) 1,256  3,545  1,495  40  219  (805) (3,551) (24) 286  262  754  (373) (327) (269) 176  (213) (199) 247  (235) (318) (16) (63) (330)
Issuance of debt, net of issuance costs —  (8) 4,979  —  —  —  —  —  —  —  —  —  —  —  —  —  1,988  —  —  —  —  —  —  —  —  —  — 
Proceeds related to employee stock plans 96  88  63  —  83  66  66  56  11  65  19  57  21  70  21  35  14  50  24  31  18  80 
Payments related to tax on restricted stock units (298) (196) (222) (88) (202) (50) (211) (50) (467) (66) (449) (35) (387) —  (190) (126) —  (51) —  —  —  —  —  —  —  — 
Dividends paid (99) (99) (98) (98) (97) (98) (97) (98) (91) (91) (91) (91) (84) (84) (82) (76) (61) (62) (62) (61) (53) (53) (46) (46) (46) (47) (47)
Payments related to repurchases of common stock —  —  —  —  —  —  —  (724) (200) —  (655) —  (151) (758) —  (230) —  (9) (500) (135) —  (399) (53) (4) (310) —  (500)
Repayment of Convertible Notes —  —  —  —  —  —  —  (4) (10) —  (2) (9) (62) (136) (605) (229) (444) —  —  —  —  —  —  —  —  —  — 
Other —  —  (3) —  —  —  —  (3) (1) (1) —  (9) (1) (1) (7) (5) (2) (1) (2) (1)
Net cash provided by (used in) financing activities (301) (297) 4,744  (183) (236) (148) (225) (877) (703) (155) (1,131) (137) (626) (968) (813) (522) 1,409  (52) (544) (173) (20) (439) (44) (23) (320) (27) (463)
Change in cash and cash equivalents (1,023) (12,220) 4,598  1,131  2,660  4,333  1,990  61  (47) (3,237) 1,197  817  (1) 223  (174) 1,514  (121) (49) 125  36  (29) (33) 102  (120) (642)

Based on: 10-Q (filing date: 2020-11-18), 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).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. NVIDIA Corp.’s net cash provided by operating activities increased from Q1 2021 to Q2 2021 but then slightly decreased from Q2 2021 to Q3 2021.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. NVIDIA Corp.’s net cash (used in) provided by investing activities decreased from Q1 2021 to Q2 2021 but then increased from Q2 2021 to Q3 2021 not reaching Q1 2021 level.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. NVIDIA Corp.’s net cash provided by (used in) financing activities decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.