Stock Analysis on Net
Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Common-Size Income Statement

NVIDIA Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Jan 26, 2020 Jan 27, 2019
Revenue 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenue -27.28 -43.07 -35.07 -37.66 -38.01 -38.79
Gross profit 72.72% 56.93% 64.93% 62.34% 61.99% 61.21%
Research and development -14.24 -27.21 -19.57 -23.53 -25.91 -20.28
Sales, general and administrative -4.36 -9.05 -8.05 -11.63 -10.01 -8.46
Acquisition termination cost 0.00 -5.02 0.00 0.00 0.00 0.00
Operating expenses -18.60% -41.27% -27.62% -35.17% -35.92% -28.74%
Operating income 54.12% 15.66% 37.31% 27.18% 26.07% 32.47%
Interest income 1.42 0.99 0.11 0.34 1.63 1.16
Interest expense -0.42 -0.97 -0.88 -1.10 -0.48 -0.50
Other, net 0.39 -0.18 0.40 0.02 -0.02 0.12
Other income (expense), net 1.39% -0.16% -0.37% -0.74% 1.14% 0.79%
Income before income tax 55.51% 15.50% 36.94% 26.44% 27.20% 33.25%
Income tax (expense) benefit -6.66 0.69 -0.70 -0.46 -1.59 2.09
Net income 48.85% 16.19% 36.23% 25.98% 25.61% 35.34%

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. NVIDIA Corp. operating income as a percentage of revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Income before income tax Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. NVIDIA Corp. income before income tax as a percentage of revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. NVIDIA Corp. net income as a percentage of revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.