NVDA NVIDIA margins

Relative Growth: Rel. Growth: 99

Relative Strength: Rel. Strength: 71

Relative Valuation: Rel. Valuation: 51

Relative Profitability: Rel. Profitability: 99

Gross margin

74.7%

Operating margin

65.2%

EBITDA margin

77.2%

Net margin

63.7%

At present, NVIDIA reports a gross margin of 74.7%, an operating margin of 65.2%, an EBITDA margin of 77.2%, and a net margin of 63.7%. EBITDA margin drove the improvement across the available margins, increasing by 14.7 percentage points.

NVDA margin history

Gross, operating, EBITDA and net margin trends

NVIDIA's margins averaged 72.89% gross, 59.28% operating, 64.82% EBITDA, and 54.18% net during the last 3 years. Currently all four current margins are above their three-year averages.

NVDA margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with EBITDA margin showing the largest gain at 14.7 percentage points.

Gross margin expansion

4.9pp

Operating margin expansion

7.1pp

EBITDA margin expansion

14.7pp

Net margin expansion

11.3pp

NVDA Gross margin

NVIDIA's gross margin averaged 72.89% in the last 3 years. The latest gross margin for NVIDIA is 74.7%, 1.8 percentage points above its three-year average. Over the last 3 years, NVIDIA's gross margin peaked at 76% in Jul 2024 and reached a low of 69.8% in Jul 2025.

NVDA Operating margin

The average operating margin for NVIDIA was 59.28% during the last 3 years. At present, the current operating margin for NVIDIA is 65.2%, 5.9 percentage points above its three-year average. The operating margin for NVIDIA moved between 45.9% in Oct 2023 and 65.2% in Jul 2026.

NVDA EBITDA margin

The average EBITDA margin for NVIDIA was 64.82% in the last 3 years. The current EBITDA margin of 77.2% is 12.4 percentage points above its three-year average. The EBITDA margin for NVIDIA moved between 50.8% in Oct 2023 and 77.2% in Jul 2026.

NVDA Net margin

In the last 3 years, NVIDIA had an average net margin of 54.18%. Against its three-year average, NVIDIA's net margin is currently 63.7%, 9.5 percentage points above its three-year average. Looking back over the last 3 years, NVIDIA's net margin reached 63.7% at its highest point in Jul 2026 and 42.1% at its lowest in Oct 2023.

NVDA margin group comparison

Margins compared with peer-group, industry and sector averages

NVIDIA's gross margin of 74.7% is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52%, NVIDIA's gross margin is 44% higher.

NVDA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is NVIDIA's gross margin?

For the period ending Jul 26, 2026, NVDA recorded a gross margin of 74.7%.

What is NVIDIA's operating margin?

The current operating margin for NVDA is 65.2% as of Jul 26, 2026.

What is NVIDIA's EBITDA margin?

For the period ending Jul 26, 2026, NVDA recorded an EBITDA margin of 77.2%.

What is NVIDIA's net margin?

For the period ending Jul 26, 2026, NVDA recorded a net margin of 63.7%.

What are the average margins of NVDA?

Across the last 3 years, NVDA averaged 72.9% gross, 59.3% operating, 64.8% EBITDA, and 54.2% net.

What are the highest historical margins of NVDA?

Over the last 5 years, NVIDIA's highest margins were 76% gross in Jul 2024, 65.2% operating in Jul 2026, 77.2% EBITDA in Jul 2026, and 63.7% net in Jul 2026.

What are the lowest historical margins of NVDA?

In the last 5 years, the lowest margins reported by NVDA were 56.3% gross in Apr 2023, 15.7% operating in Jan 2023, 22.2% EBITDA in Jan 2023, and 16.2% net in Jan 2023.