NVDA Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2025-04-27), NVDA reported revenue of $44.1B, gross profit of $26.7B (60.5% gross margin), operating income of $21.6B, and net income of $18.8B (42.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NVDA was profitable; revenue grew 69.2% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +69.2% | +26.2% | −14.5 pp |
| Quarter over quarter | +12.0% | −15.0% | −13.6 pp |
Consensus estimate data is not available for this report.
NVDA Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $44.1B | 100% |
| Cost of Revenue | −$17.4B | 39.5% |
| Gross Profit | $26.7B | 60.5% |
| Research & Development | −$4.0B | 9.1% |
| Selling, General & Administrative | −$1.0B | 2.4% |
| Operating Income | $21.6B | 49.1% |
| Interest Expense | −$63M | 0.1% |
| Other Income, net | $335M | 0.8% |
| Income Tax Expense | −$3.1B | 7.1% |
| Net Income | $18.8B | 42.6% |
Source: original SEC filing (filed 2025-05-28). Accession 0001045810-25-000115. Data normalized by EarningsFyi.