NVIDIA Corp. (NASDAQ:NVDA)

Gross Profit Margin

The gross profit margin exhibits an overall upward trend from April 2020 through April 2025, despite some fluctuations. Starting at approximately 62% in early 2020, it experienced a slight decline during mid-2022, reaching a low near 56%. However, from late 2022 onward, the margin recovered significantly, surpassing 75% at its peak by early 2025, before slightly retreating to around 70% in the latest period. This pattern suggests enhanced cost efficiency or favorable pricing strategies in recent quarters.

Operating Profit Margin

The operating profit margin mirrors the general trajectory of the gross margin but with more pronounced volatility. Starting below 30% in early 2020, it initially improved steadily, hitting above 37% in early 2022. It then declined sharply to under 16% by early 2023, followed by a marked recovery that peaked near 62% by late 2024. The margin dipped slightly thereafter. These swings may imply varying operating expense management or shifts in operating leverage impacting profitability over time.

Net Profit Margin

The net profit margin follows a pattern similar to the operating margin with a slight lag. Beginning around 25% in early 2020, the margin rose to over 36% by early 2022 before falling steeply to a low near 16% in early 2023. Subsequently, it climbed consistently, reaching levels above 55% from late 2024 onwards, with a small decrease in the most recent quarter. The pattern suggests fluctuations in both operational results and non-operating items or tax impacts affecting net profitability.

Return on Equity (ROE)

Return on equity demonstrates a strong upward trajectory over the observed periods. From roughly 23% in early 2020, it peaked near 37% in early 2022, then experienced a decline to around 20% by early 2023. A substantial rebound followed, with ROE reaching an exceptionally high level above 95% in late 2024 before a slight decline to approximately 92% more recently. This pronounced increase indicates significantly enhanced efficiency in generating shareholder returns, possibly through higher profitability and optimized equity utilization.

Return on Assets (ROA)

The return on assets shows a gradual increase accompanied by some short-term declines. Beginning near 16% in early 2020, the metric decreased steadily to roughly 10.6% in early 2023, before rebounding sharply to surpass 65% by late 2024. A minor decrease to approximately 61% occurred in the most recent quarter. This improvement suggests better asset utilization and operational performance driving increased earnings relative to the asset base.

The quarterly financial data indicates a general upward trend in both revenue and gross profit over the observed periods, with some fluctuations in gross profit margin.

Revenue Trends

Revenue has shown a significant increase from approximately $2.22 billion in April 2019 to over $44 billion by April 2025. There were consistent gains with occasional slowdowns, such as the dip observed around July and October 2022 where revenue decreased to approximately $6.7 billion and $5.9 billion respectively. After this period, revenue resumed its strong upward trajectory, reaching its highest value in the latest periods observed.

Gross Profit Trends

Gross profit followed a similar upward trend, starting from around $1.3 billion in April 2019 and soaring to approximately $26.7 billion by April 2025. There was a noticeable decline in gross profit during mid-2022, mirroring the revenue dip in the same timeframe, but thereafter it recovered and rose substantially, indicating improved efficiency or higher-margin product sales toward the end of the period.

Gross Profit Margin Trends

The gross profit margin exhibits variability, starting from around 62% in early 2020 and reaching a peak close to 76% in late 2024. There was a decline during mid-2022, down to about 56-60%, which aligns with the downturn in revenue and gross profit during that time. Following this, the margin increased significantly, peaking in late 2024 before slightly declining again by April 2025. The overall increase in gross margin over time suggests enhanced cost management or a shift toward higher-margin products or services.

In summary, the data reflects a strong growth trajectory in sales and profitability with periods of temporary contraction. The improved gross profit margins in recent quarters highlight a positive development in cost efficiency or product mix, contributing to the robust growth in gross profits and revenues.

The analyzed financial data reveals clear trends in operating income, revenue, and operating profit margin over multiple quarters from April 2019 through April 2025.

Operating income

Operating income shows a general upward trend with some fluctuations across the periods. Starting at 358 million USD in April 2019, it rises steadily reaching peaks at various points, such as 6800 million USD in April 2023 and continuing to increase up to 24033 million USD by July 2024. However, minor declines occur in certain quarters, for example in April 2022 (1868 million USD) and July 2022 (499 million USD), before recovering again. This pattern suggests periods of accelerated growth interspersed with temporary slowdowns or contractions.

Revenue

Revenue follows a consistent upward trajectory throughout the entire period. Beginning at 2220 million USD in April 2019, the revenue consistently increases without significant interruptions, crossing notable milestones such as 13507 million USD in April 2023 and reaching 44062 million USD by April 2025. Although some quarters show relatively smaller growth, the overall pattern highlights sustained expansion in sales or service income over time.

Operating profit margin

The operating profit margin demonstrates considerable improvement overall with intermittent volatility. Early data points (before April 2020) are missing, but from April 2020 onwards, the margin climbs from approximately 26.07% to a high of 62.71% in October 2024. This steady increase reflects improving cost efficiency and profitability relative to revenue. There are some periods of decline, such as from May 2022 (33.69%) to January 2023 (15.66%), indicating episodes of margin compression before resuming an upward trend. The margin stabilizes above 58% in the most recent quarters, suggesting strong operational leverage.

In summary, the financial indicators reveal a company experiencing strong growth in revenue and operating income, accompanied by improving operational efficiency as seen in rising profit margins. Although periodic declines and fluctuations are present, the overarching trend is one of significant expansion and enhanced profitability over the analyzed timeframe.

The financial data reveals several significant trends concerning net income, revenue, and net profit margin over multiple quarterly periods.

Net Income

Net income shows a generally upward trend with some volatility. Starting from 394 million US dollars in April 2019, net income increased substantially to reach 2464 million by October 2021. A pronounced spike is seen in the quarters following May 2023, where net income accelerates sharply, reaching a peak of 22091 million in April 2024 before experiencing a slight decline to 18775 million by April 2025. This indicates strong profitability growth with occasional fluctuations, especially a notable jump in 2023 and early 2024.

Revenue

Revenue follows a steady and robust growth trajectory throughout the periods analyzed. From an initial figure of 2220 million US dollars in April 2019, revenue grows consistently, reaching 7643 million in January 2022. There is a temporary decline observed around mid-2022, with revenues dropping to 5931 million and hovering near that level for two quarters before resuming growth. Post-May 2023, revenue experiences rapid expansion, escalating from 13507 million to a high of 44062 million by April 2025. This trend reflects strong market demand and effective revenue generation strategies.

Net Profit Margin

The net profit margin data is incomplete for early periods but is available from January 2020 onward. Margins range mostly between 25% and 36% until mid-2022, with a peak of 36.23% in January 2022. Subsequently, the margin exhibits some decline to levels near 16%-20% in early 2023 before rebounding to higher values from mid-2023. A remarkable increase in profitability margin is evident from May 2023 onwards, with margins climbing steeply and reaching a peak of around 55.85% in October 2024. This high margin period is slightly reduced towards the end of the dataset but remains above 50%, indicating significant efficiency improvements and cost management during that timeframe.

Overall, the company demonstrates strong growth in both revenue and net income over the examined quarters, with particularly outstanding performance starting in mid-2023. The steep rise in net profit margins coincides with this period, suggesting an enhancement in profitability possibly driven by operational efficiencies, pricing power, or favorable market conditions. These trends indicate a period of substantial financial expansion and improved profitability ratios.

The financial data reveals significant fluctuations and general growth over the observed periods. Net income displays a mostly upward trend with some volatility. From April 2019 to January 2022, net income grows from 394 million US dollars to a peak of 3002 million US dollars, showing strong earnings expansion. However, the period from May 2022 to July 2023 shows a sharp decline, bottoming out at 656 million US dollars in July 2022 before rebounding strongly to 6188 million US dollars by July 2023. From this point, net income continues to rise, reaching 18775 million US dollars by April 2025, indicating robust recovery and growth in profitability.

Shareholders' equity exhibits a consistent upward trend throughout the entire period. Starting at 9704 million US dollars in April 2019, equity gradually increases with occasional minor setbacks, reaching 26612 million US dollars by January 2022. Despite a small decline after this date, possibly related to the net income drop in mid-2022, the overall trajectory remains positive, ending at 83843 million US dollars in April 2025. This growth reflects accumulation of retained earnings and potentially other equity-increasing activities, suggesting strengthening financial base and capital structure over time.

Return on equity (ROE) begins to be reported from April 2020, showing a range between approximately 22% and 37% until mid-2022, indicating strong profitability relative to equity. After a dip around early 2023, ROE spikes dramatically from 37.54% in July 2023 to a peak of 95.71% in April 2025, with values consistently above 85% since the start of 2024. This substantial increase suggests highly efficient use of shareholders' equity to generate profits and may reflect improved operational performance, higher margins, or financial leverage effects in the later periods.

In summary, the data presents a picture of considerable growth in net income and shareholders' equity, with a pronounced volatility phase between 2022 and early 2023 followed by strong recovery. The striking rise in ROE towards the end of the period signals enhanced profitability efficiency, positioning the company for potentially strong future performance. Continuous monitoring of these trends alongside operational and market conditions would be advisable to assess sustainability and underlying causes.

Net Income Trend

Generally rising with a mid-period dip between May 2022 and July 2023 followed by strong recovery and growth up to April 2025.

Shareholders’ Equity Trend

Consistently increasing across the entire period, reflecting financial strengthening and accumulation of retained earnings.

Return on Equity (ROE) Trend

Increasing from moderate levels (~22%-37%) to extremely high values (~90%+) post-2023, indicating improved profitability efficiency.

Volatility and Recovery

Notable drop in earnings and equity around mid-2022 followed by a rapid and substantial recovery in subsequent periods.

Overall Financial Performance

Strong growth in profit and equity base combined with highly efficient equity utilization in recent periods.

The financial data reveals several important trends related to profitability, asset size, and return on assets over the analyzed periods.

Net Income

The net income exhibits an overall rising trajectory, starting at a modest level of 394 million US dollars in the earliest reported period and reaching a peak of 22,091 million US dollars by the April 2025 period. There are fluctuations, notably a dip in the mid-period data around 2022 with values such as 656 and 680 million US dollars, but the general trend shows strong growth with several rapid increases after that point. This indicates increasing profitability and possibly expanding business operations or improved margins over time.

Total Assets

Total assets also show steady growth from a base of 14,021 million US dollars, rising consistently to 125,254 million US dollars by the last reported period in April 2025. Asset accumulation appears regular with increments in virtually every period, suggesting ongoing investment, acquisition, or organic growth in asset base. There are slight decreases in certain quarters (e.g., a dip to 43,476 million US dollars in the mid-2022 period) but these are temporary and followed by recoveries, maintaining an upward long-term trend.

Return on Assets (ROA)

The ROA data, available only from April 2020 onwards, displays significant improvement over time. Starting in the mid-teens (around 16.15%), it proceeds with some variability but ultimately rises very sharply into the 60% range by early 2025. The notable increase in ROA in the later periods indicates more efficient utilization of assets to generate profit. The sharp rise suggests a period of exceptional operational efficiency or strong margin expansion relative to asset size.

In summary, the data portrays a company experiencing substantial growth in net income and total assets with marked improvement in profitability efficiency as reflected by ROA. The trends highlight a phase of accelerating financial performance and suggest a successful scaling strategy with effective asset management.