NVIDIA Gross Profit 2010-2024 | NVDA (2024)

NVIDIA annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.

  • NVIDIA gross profit for the quarter ending January 31, 2024 was $16.791B, a 338.06% increase year-over-year.
  • NVIDIA gross profit for the twelve months ending January 31, 2024 was $44.301B, a 188.49% increase year-over-year.
  • NVIDIA annual gross profit for 2024 was $44.301B, a 188.49% increase from 2023.
  • NVIDIA annual gross profit for 2023 was $15.356B, a 12.13% decline from 2022.
  • NVIDIA annual gross profit for 2022 was $17.475B, a 68.09% increase from 2021.

NVIDIA Annual Gross Profit
(Millions of US $)
2024$44,301
2023$15,356
2022$17,475
2021$10,396
2020$6,768
2019$7,171
2018$5,822
2017$4,063
2016$2,811
2015$2,599
2014$2,268
2013$2,226
2012$2,057
2011$1,409
2010$1,177
2009$1,174
NVIDIA Quarterly Gross Profit
(Millions of US $)
2024-01-31$16,791
2023-10-31$13,400
2023-07-31$9,462
2023-04-30$4,648
2023-01-31$3,833
2022-10-31$3,177
2022-07-31$2,915
2022-04-30$5,431
2022-01-31$5,000
2021-10-31$4,631
2021-07-31$4,215
2021-04-30$3,629
2021-01-31$3,157
2020-10-31$2,960
2020-07-31$2,275
2020-04-30$2,004
2020-01-31$2,015
2019-10-31$1,916
2019-07-31$1,541
2019-04-30$1,296
2019-01-31$1,207
2018-10-31$1,921
2018-07-31$1,975
2018-04-30$2,068
2018-01-31$1,801
2017-10-31$1,569
2017-07-31$1,302
2017-04-30$1,150
2017-01-31$1,303
2016-10-31$1,183
2016-07-31$826
2016-04-30$751
2016-01-31$790
2015-10-31$734
2015-07-31$634
2015-04-30$653
2015-01-31$700
2014-10-31$676
2014-07-31$619
2014-04-30$604
2014-01-31$619
2013-10-31$584
2013-07-31$546
2013-04-30$519
2013-01-31$586
2012-10-31$637
2012-07-31$541
2012-04-30$463
2012-01-31$490
2011-10-31$557
2011-07-31$525
2011-04-30$485
2011-01-31$426
2010-10-31$392
2010-07-31$134
2010-04-30$456
2010-01-31$439
2009-10-31$392
2009-07-31$157
2009-04-30$190
2009-01-31$142
SectorIndustryMarket CapRevenue
Computer and TechnologySemiconductor - General$2375.050B$60.922B
NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.
Stock NameCountryMarket CapPE Ratio
Intel (INTC)United States$176.857B104.57
Texas Instruments (TXN)United States$155.483B24.37
STMicroelectronics (STM)Switzerland$38.756B9.63
SUMCO (SUOPY)Japan$5.709B17.94
Amtech Systems (ASYS)United States$0.075B0.00
NVIDIA Gross Profit 2010-2024 | NVDA (2024)

FAQs

What if you invested $1,000 in Nvidia 10 years ago? ›

If you had invested $1,000 in Nvidia 10 years ago, your investment would have soared by about 22,340% and be worth around $148,226 as of Feb. 20.

What could Nvidia be worth in 5 years? ›

Based on the company's fiscal 2024 earnings of $12.96 per share, its bottom line could jump to $58.11 per share after five years, assuming it does increase at the predicted rate.

What are the Nvidia results for Q1 2024? ›

The company reports record-breaking revenue of $26 billion for Q1 2024, an impressive 18% increase from the previous year. This growth underscores NVIDIA's robust market position and its ability to harness the surging demand for AI and gaming technologies.

What is the gross profit ratio of Nvidia? ›

Analysis. NVIDIA's gross profit margin for fiscal years ending January 2020 to 2024 averaged 64.0%. NVIDIA's operated at median gross profit margin of 63.3% from fiscal years ending January 2020 to 2024. Looking back at the last 5 years, NVIDIA's gross profit margin peaked in April 2024 at 75.3%.

Could investing $20,000 in Nvidia make you a millionaire? ›

A $20,000 investment made in the semiconductor giant 10 years ago would be worth more than $3.4 million today -- up by around 170 times in value. It is also worth noting that the company has taken less than a decade to turn a $20,000 investment into precisely a $1 million.

Can NVDA reach $10,000 per share? ›

To reach $10,000 by the end of 2025, Nvidia must generate a compound annual growth rate of nearly 300%.

Where will Nvidia be in 2030? ›

Kindig predicted in August 2021 that Nvidia's valuation would surpass Apple's by 2025, which briefly happened a week ago. She has also said Nvidia is headed for a $10 trillion market cap by 2030, implying a return of over 250% by that time.

Where will Nvidia be in 2025? ›

Nvidia could become the first $4 trillion stock - on its way to $5 trillion in 2025. Plenty of stocks rise to meteoric heights, but few with the technical bona fides of Nvidia. .

Why is Nvidia so valuable? ›

Nvidia's stock has surged 147% so far in 2024, with demand for its top-of-the-line processors far outstripping supply as Microsoft, Meta Platforms and Google-owner Alphabet race to build out their AI computing capabilities and dominate the emerging technology.

Is NVIDIA profitable? ›

As of Q1 2024, Nvidia has garnered profits of $42.6 billion over the past four quarters. Hence, our model—incorporating only modest returns—demands that profits wax at 25% annually over a seven-year span.

What is the main source of revenue for NVIDIA? ›

Compute and Networking, which includes artificial intelligence (AI), is Nvidia's biggest revenue generator.

What is the NVIDIA revenue forecast for 2024? ›

For fiscal 2024, revenue was up 126% to $60.9 billion. GAAP earnings per diluted share was $11.93, up 586% from a year ago.

What if I invested in Nvidia 5 years ago? ›

If you'd invested $1,000 in Nvidia stock five years ago and held on through the headwinds, you'd have nearly $35,000 today. To be clear, no one could have foretold the soaring demand for AI. However, it helps to illustrate the value of ignoring the daily and monthly machinations of the market.

What if you invested $1,000 in Tesla 10 years ago? ›

This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.

How much will Nvidia be worth in 2030? ›

We believe Nvidia will reach a $10 trillion market cap by 2030 or sooner through a rapid product road map, it's impenetrable moat from the CUDA software platform, and due to being an AI systems company that provides components well beyond GPUs, including networking and software platforms.

What was the price of Nvidia stock in 2010? ›

The closing price for NVIDIA (NVDA) in 2010 was $0.35, on December 31, 2010. It was down 16.8% for the year. The latest price is $129.12.

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