NVIDIA Corporation (NVDA)

Gross profit margin

		Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Oct 25, 2020	Jul 26, 2020	Apr 26, 2020	Jan 26, 2020	Oct 27, 2019	Jul 28, 2019	Apr 28, 2019
Gross profit (ttm)	US$ in thousands	44,301,000	31,343,000	21,120,000	14,573,000	15,356,000	16,522,000	17,976,000	19,276,000	17,474,000	15,631,000	13,960,000	12,020,000	10,395,000	9,254,000	8,210,000	7,476,000	6,768,000	5,960,000	5,965,000	6,399,000
Revenue (ttm)	US$ in thousands	60,922,000	44,870,000	32,681,000	25,878,000	26,974,000	28,566,000	29,738,000	29,541,000	26,914,000	24,274,000	21,897,000	19,256,000	16,675,000	14,777,000	13,065,000	11,778,000	10,918,000	10,018,000	10,185,000	10,729,000
Gross profit margin		72.72%	69.85%	64.62%	56.31%	56.93%	57.84%	60.45%	65.25%	64.93%	64.39%	63.75%	62.42%	62.34%	62.62%	62.84%	63.47%	61.99%	59.49%	58.57%	59.64%

January 28, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $44,301,000K ÷ $60,922,000K
= 72.72%

NVIDIA Corp's gross profit margin has shown a consistent upward trend over the last eight quarters, indicating improved efficiency in generating profits from its core business activities. In Q4 2024, the gross profit margin reached 72.72%, the highest in the provided data series. This substantial increase from Q1 2024's 56.31% suggests that the company has been effectively controlling its production costs and maximizing revenue from sales. Comparing Q4 2024 to the same quarter in the previous year, there has been a notable improvement from 56.93% to 72.72%, indicating significant growth in profitability. Overall, the increasing trend in gross profit margin reflects positively on NVIDIA's operational performance and ability to generate profits relative to its production costs.