NVDA · Q2 FY26 · Apr 28 – Jul 27, 2025
Nvidia Q2 FY26: where the revenue came from and where it went
Nvidia Q2 FY26: revenue $46.7B (+56% year over year). Net profit $26.4B. Largest cohort Compute $33.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 28 – Jul 27, 2025
- Reported
- Aug 27, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$46.7B
+56% year over year
Gross profit$33.9B
72% margin
Operating profit$28.4B
61% margin
Net profit$26.4B
57% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 46.7 | 100% | +56% |
| Compute | 33.8 | 72% | +50% |
| Networking | 7.3 | 16% | +98% |
| Gaming | 4.3 | 9% | +49% |
| Professional Visualization | 0.6 | 1% | +32% |
| Automotive | 0.6 | 1% | +69% |
| OEM and Other | 0.2 | 0% | +97% |
| Cost of revenue | −12.9 | 28% | |
| Gross profit | 33.9 | 72% margin | −3pp |
| Research & development | −4.3 | 9% | −1pp |
| SG&A | −1.1 | 2% | +0pp |
| Operating profit | 28.4 | 61% margin | −1pp |
| Tax | −4.8 | ||
| Net profit | 26.4 | 57% | +1pp |
Older quarters
-
Q1 FY27 4/2026Revenue $81.6B Net margin 71%
-
Q4 FY26 1/2026Revenue $68.1B Net margin 63%
-
Q3 FY26 10/2025Revenue $57B Net margin 56%
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