NVIDIA Corp.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $120.07B | $72.88B | $29.76B | $4.37B | $9.75B | $4.33B | $2.80B | $4.14B |
| Depreciation & Amortization | $2.84B | $1.86B | $1.51B | $1.54B | $1.17B | $1.10B | $381.0M | $262.0M |
| Depreciation | $2.40B | $1.30B | $894.0M | $844.0M | $611.0M | $486.0M | $355.0M | $233.0M |
| Amortization | $488.0M | $593.0M | $614.0M | $699.0M | $563.0M | $612.0M | $25.0M | $29.0M |
| Stock-Based Compensation | $6.39B | $4.74B | $3.55B | $2.71B | $2.00B | $1.40B | $844.0M | $557.0M |
| Net Cash from Operating Activities | $102.72B | $64.09B | $28.09B | $5.64B | $9.11B | $5.82B | $4.76B | $3.74B |
| Investing Activities | ||||||||
| Capital Expenditures | $6.04B | $3.24B | $1.07B | $1.83B | $976.0M | — | — | — |
| Business Acquisitions | $1.54B | $1.01B | $83.0M | $49.0M | $263.0M | $8.52B | $4.0M | $0 |
| Net Cash from Investing Activities | $-52.23B | $-20.42B | $-10.57B | $7.38B | $-9.83B | $-19.68B | $6.15B | $-4.10B |
| Financing Activities | ||||||||
| Dividends Paid | $974.0M | $834.0M | $395.0M | $398.0M | $399.0M | $395.0M | $390.0M | $371.0M |
| Stock Repurchases | $40.09B | $33.71B | $9.53B | $10.04B | $0 | $0 | $0 | $1.58B |
| Net Cash from Financing Activities | $-48.47B | $-42.36B | $-13.63B | $-11.62B | $1.87B | $3.80B | $-792.0M | $-2.87B |
| Net Change in Cash | $2.02B | $1.31B | $3.89B | $1.40B | $1.14B | $-10.05B | $10.11B | $-3.22B |
| Free Cash Flow | $96.68B | $60.85B | $27.02B | $3.81B | $8.13B | — | — | — |
The best armour of old age is a well spent life perfecting it.