Analysis of Reportable Segments
NVIDIA Corp. operates in 2 segments: Compute & Networking and Graphics.
Segment Profit Margin
NVIDIA Corp., profit margin by reportable segment
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Compute & Networking | 67.54% | 33.73% | 41.63% | 37.25% | 22.90% | 35.17% |
| Graphics | 43.25% | 38.23% | 53.52% | 46.90% | 42.77% | 41.88% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Compute & Networking | Compute & Networking segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Graphics | Graphics segment profit margin ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Profit Margin: Compute & Networking
NVIDIA Corp.; Compute & Networking; segment profit margin calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 32,016) | 5,083) | 4,598) | 2,548) | 751) | 1,251) |
| Revenue | 47,405) | 15,068) | 11,046) | 6,841) | 3,279) | 3,557) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 67.54% | 33.73% | 41.63% | 37.25% | 22.90% | 35.17% |
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).
1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Revenue
= 100 × 32,016 ÷ 47,405 = 67.54%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Compute & Networking | Compute & Networking segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Profit Margin: Graphics
NVIDIA Corp.; Graphics; segment profit margin calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 5,846) | 4,552) | 8,492) | 4,612) | 3,267) | 3,417) |
| Revenue | 13,517) | 11,906) | 15,868) | 9,834) | 7,639) | 8,159) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 43.25% | 38.23% | 53.52% | 46.90% | 42.77% | 41.88% |
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).
1 2024 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Revenue
= 100 × 5,846 ÷ 13,517 = 43.25%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Graphics | Graphics segment profit margin ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Revenue
NVIDIA Corp., revenue by reportable segment
US$ in millions
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Compute & Networking | 47,405) | 15,068) | 11,046) | 6,841) | 3,279) | 3,557) |
| Graphics | 13,517) | 11,906) | 15,868) | 9,834) | 7,639) | 8,159) |
| Consolidated | 60,922) | 26,974) | 26,914) | 16,675) | 10,918) | 11,716) |
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).
Operating income (loss)
NVIDIA Corp., operating income (loss) by reportable segment
US$ in millions
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Compute & Networking | 32,016) | 5,083) | 4,598) | 2,548) | 751) | 1,251) |
| Graphics | 5,846) | 4,552) | 8,492) | 4,612) | 3,267) | 3,417) |
| All Other | (4,890) | (5,411) | (3,049) | (2,628) | (1,172) | (864) |
| Consolidated | 32,972) | 4,224) | 10,041) | 4,532) | 2,846) | 3,804) |
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).