NVIDIA Corporation (NVDA)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 97,859,000 | 85,927,000 | 76,562,000 | 67,388,000 | 60,382,000 | 53,053,000 | 45,724,000 | 36,972,000 | 27,405,000 | 21,776,000 | 15,491,000 | 14,020,000 | 13,102,000 | 14,700,000 | 16,954,000 | 18,776,000 | 20,860,000 | 20,060,000 | 18,844,000 | 18,060,000 |
| Revenue (ttm) | US$ in thousands | 130,497,000 | 113,269,000 | 100,290,000 | 88,370,000 | 80,446,000 | 71,850,000 | 63,254,000 | 52,326,000 | 40,257,000 | 32,801,000 | 25,225,000 | 23,964,000 | 24,617,000 | 26,854,000 | 29,211,000 | 30,923,000 | 31,862,000 | 30,677,000 | 28,896,000 | 27,760,000 |
| Gross profit margin | 74.99% | 75.86% | 76.34% | 76.26% | 75.06% | 73.84% | 72.29% | 70.66% | 68.08% | 66.39% | 61.41% | 58.50% | 53.22% | 54.74% | 58.04% | 60.72% | 65.47% | 65.39% | 65.21% | 65.06% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $97,859,000K ÷ $130,497,000K
= 74.99%
The gross profit margin of NVIDIA Corporation has displayed some fluctuation over the past few years. Starting from January 2022 at 65.06%, the margin increased slightly to 65.21% by the end of the same quarter. It continued to rise steadily, reaching 65.47% in May 2022.
However, there was a noticeable dip in the margin during July and October of 2022, dropping to 60.72% and 54.74% respectively. This decrease may raise concerns about the company's ability to maintain profitability.
Subsequently, there was a significant recovery in the gross profit margin from January 2023 onwards, with the margin improving to 75.06% by January 2024. The margin showed strong performance throughout the following quarters, remaining above 75% for most of the time.
In summary, despite fluctuations in the past, NVIDIA Corporation has managed to strengthen its gross profit margin over the years, demonstrating its ability to effectively manage costs and generate profits from its operations.
Peer comparison
Jan 31, 2025