Financials NVIDIA Corporation

Equities

NVDA

US67066G1040

Semiconductors

Market Closed - Nasdaq Other stock markets 01:30:00 14/06/2025 am IST			5-day change	1st Jan Change
141.97 ^USD	-2.09%		+0.18%	+5.72%

08:16am	Malaysia PM says $10 bln committed to national grid upgrade	RE
07:55am	Samsung Electronics, Nvidia to Join $4.5 Billion Fundraising For US Robotics Firm Skild AI	MT

Projected Income Statement: NVIDIA Corporation

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	16,675	26,914	26,974	60,922	1,30,497	1,99,670	2,49,405	2,87,148
Change	-	61.4%	0.22%	125.85%	114.2%	53.01%	24.91%	15.13%
EBITDA ¹	5,630	11,215	5,768	34,480	83,317	1,18,697	1,50,546	1,74,542
Change	-	99.2%	-48.57%	497.78%	141.64%	42.46%	26.83%	15.94%
EBIT ¹	6,803	12,690	9,040	37,134	86,789	1,23,643	1,63,690	1,85,686
Change	-	86.54%	-28.76%	310.77%	133.72%	42.46%	32.39%	13.44%
Interest Paid ¹	-184	-236	-262	-257	-257	-264.3	-266.3	-2,518
Earnings before Tax (EBT) ¹	4,409	9,941	4,181	33,818	84,026	1,19,216	1,49,414	1,71,740
Change	-	125.47%	-57.94%	708.85%	148.47%	41.88%	25.33%	14.94%
Net income ¹	4,332	9,752	4,368	29,760	72,880	1,00,793	1,31,836	1,54,308
Change	-	125.12%	-55.21%	581.32%	144.89%	38.3%	30.8%	17.04%
Announcement Date	24/02/21	16/02/22	22/02/23	21/02/24	26/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: January	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	3,866	4,726	5,003	5,661	6,507	7,103	7,643	8,288	6,704	5,931	6,051	7,192	13,507	18,120	22,103	26,044	30,040	35,082	39,331	44,062	45,551	51,559	57,202	58,535	60,536	63,163	65,493	65,396
Change	-	22.25%	5.86%	13.15%	14.94%	9.16%	7.6%	8.44%	-19.11%	-11.53%	2.02%	18.86%	87.81%	34.15%	21.98%	17.83%	15.34%	16.78%	12.11%	12.03%	3.38%	13.19%	10.95%	2.33%	3.42%	4.34%	3.69%	-0.15%
EBITDA ¹	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,002	17,319	19,075	22,347	24,577	22,249	27,905	33,580	37,568	43,386	44,636	45,643	45,044	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23.69%	10.14%	17.15%	9.98%	-9.47%	25.42%	20.33%	11.88%	15.49%	2.88%	2.26%	-1.31%	-
EBIT ¹	1,516	1,993	2,089	2,557	3,071	3,386	3,677	3,955	1,325	1,536	2,224	3,052	7,776	11,557	14,749	18,059	19,937	23,276	25,516	23,275	28,756	33,743	38,214	38,750	40,092	41,729	43,140	43,159
Change	-	31.46%	4.82%	22.4%	20.1%	10.26%	8.59%	7.56%	-66.5%	15.92%	44.79%	37.23%	154.78%	48.62%	27.62%	22.44%	10.4%	16.75%	9.62%	-8.78%	23.55%	17.34%	13.25%	1.4%	3.46%	4.08%	3.38%	0.04%
Charge d'intérêts ¹	-54	-53	-53	-53	-60	-62	-61	-68	-65	-65	-65	-66	-65	-63	-63	-64	-61	-61	-61	-63	-61.8	-61.8	-61.8	-59.8	-59.8	-59.8	-59.8	-
Earnings before Tax (EBT) ¹	609	1,348	1,470	2,044	2,394	2,638	2,865	1,805	475	613	1,289	2,209	6,981	10,522	14,106	17,279	19,214	22,316	25,217	21,910	28,331	31,626	34,853	35,091	36,214	38,258	39,340	40,071
Change	-	121.35%	9.05%	39.05%	17.12%	10.19%	8.61%	-37%	-73.68%	29.05%	110.28%	71.37%	216.03%	50.72%	34.06%	22.49%	11.2%	16.14%	13%	-13.11%	29.31%	11.63%	10.2%	0.68%	3.2%	5.65%	2.83%	1.86%
Net income ¹	622	1,336	1,457	1,912	2,374	2,464	3,003	1,618	656	680	1,414	2,043	6,188	9,243	12,285	14,881	16,599	19,309	22,091	18,775	22,979	26,753	29,862	31,362	31,862	33,495	34,271	33,966
Change	-	114.79%	9.06%	31.23%	24.16%	3.79%	21.88%	-46.12%	-59.46%	3.66%	107.94%	44.48%	202.89%	49.37%	32.91%	21.13%	11.54%	16.33%	14.41%	-15.01%	22.39%	16.42%	11.62%	5.02%	1.6%	5.13%	2.31%	-0.89%
Announcement Date	19/08/20	18/11/20	24/02/21	26/05/21	18/08/21	17/11/21	16/02/22	25/05/22	24/08/22	16/11/22	22/02/23	24/05/23	23/08/23	21/11/23	21/02/24	22/05/24	28/08/24	20/11/24	26/02/25	28/05/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: NVIDIA Corporation

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-4,598	-10,262	-2,343	-16,275	-43,210	-89,583	-1,84,921	-2,76,164
Change	-	-123.18%	77.17%	-594.62%	-165.5%	-107.32%	-106.42%	-49.34%
Announcement Date	24/02/21	16/02/22	22/02/23	21/02/24	26/02/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: NVIDIA Corporation

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	1,128	976	1,833	1,069	3,236	4,555	4,931	4,775
Change	-	-13.48%	87.81%	-41.68%	202.71%	40.75%	8.27%	-3.18%
Free Cash Flow (FCF) ¹	4,694	8,132	3,808	27,021	60,724	1,00,958	1,28,976	1,46,417
Change	-	73.24%	-53.17%	609.59%	124.73%	66.26%	27.75%	13.52%
Announcement Date	24/02/21	16/02/22	22/02/23	21/02/24	26/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: NVIDIA Corporation

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	33.76%	41.67%	21.38%	56.6%	63.85%	59.45%	60.36%	60.78%
EBIT Margin (%)	40.8%	47.15%	33.51%	60.95%	66.51%	61.92%	65.63%	64.67%
EBT Margin (%)	26.44%	36.94%	15.5%	55.51%	64.39%	59.71%	59.91%	59.81%
Net margin (%)	25.98%	36.23%	16.19%	48.85%	55.85%	50.48%	52.86%	53.74%
FCF margin (%)	28.15%	30.21%	14.12%	44.35%	46.53%	50.56%	51.71%	50.99%
FCF / Net Income (%)	108.36%	83.39%	87.18%	90.8%	83.32%	100.16%	97.83%	94.89%
Profitability
ROA	18.79%	30.86%	19.6%	60.45%	83.76%	68.73%	59.15%	46.7%
ROE	43.15%	51.76%	34.35%	99.3%	121.44%	94.99%	74.43%	56.71%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	6.76%	3.63%	6.8%	1.75%	2.48%	2.28%	1.98%	1.66%
CAPEX / EBITDA (%)	20.04%	8.7%	31.78%	3.1%	3.88%	3.84%	3.28%	2.74%
CAPEX / FCF (%)	24.03%	12%	48.14%	3.96%	5.33%	4.51%	3.82%	3.26%
Items per share
Cash flow per share ¹	0.2318	0.3593	0.225	1.126	2.584	4.304	5.495	6.53
Change	-	55.02%	-37.37%	400.56%	129.41%	66.59%	27.67%	18.83%
Dividend per Share ¹	0.016	0.016	0.016	0.016	0.07	0.04	0.04	0.0411
Change	-	0%	0%	0%	337.5%	-42.89%	0%	2.83%
Book Value Per Share ¹	0.6812	1.05	0.8816	1.723	3.198	6.013	9.945	13.98
Change	-	54.1%	-16.02%	95.45%	85.62%	88.02%	65.39%	40.56%
EPS ¹	0.1725	0.385	0.174	1.193	2.94	4.089	5.354	6.2
Change	-	123.19%	-54.81%	585.63%	146.44%	39.09%	30.93%	15.81%
Nbr of stocks (in thousands)	2,47,60,000	2,50,00,000	2,46,10,000	2,47,00,000	2,44,90,000	2,44,00,000	2,44,00,000	2,44,00,000
Announcement Date	24/02/21	16/02/22	22/02/23	21/02/24	26/02/25	-	-	-