NVIDIA Corporation (NVDA): operating margin, 10 filed years
Operating margin at NVIDIA Corporation was 60.4% in FY2026, the newest filed year. Across the 10 computed years from FY2017 it ranged from 15.7% (FY2023) to 62.4% (FY2025), with a median of 32.8%.
Tonight's figure on the company page: 60.4%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Operating margin | Read from |
|---|---|---|
| FY2017 | 28.0% | 10-K, filed 2017-03-01 |
| FY2018 | 33.0% | 10-K, filed 2018-02-28 |
| FY2019 | 32.5% | 10-K, filed 2019-02-21 |
| FY2020 | 26.1% | 10-K, filed 2020-02-20 |
| FY2021 | 27.2% | 10-K, filed 2021-02-26 |
| FY2022 | 37.3% | 10-K, filed 2022-03-18 |
| FY2023 | 15.7% | 10-K, filed 2023-02-24 |
| FY2024 | 54.1% | 10-K, filed 2024-02-21 |
| FY2025 | 62.4% | 10-K, filed 2025-02-26 |
| FY2026 | 60.4% | 10-K, filed 2026-02-25 |
How each year is computed
Operating income / revenue x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.