NVIDIA (NVDA) 10-K Summary — Year Ended Jan 28, 2024
NVIDIA Corporation reported a substantial increase in revenue and profitability for the fiscal year, driven by strong operational performance. The company maintains a robust liquidity position with significant cash and marketable securities.
Key takeaway
Year ended Jan 28, 2024 · FY2026 10-K
NVIDIA Corporation reported a substantial increase in revenue and profitability for the fiscal year, driven by strong operational performance. The company maintains a robust liquidity position with significant cash and marketable securities.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$60.9B
Revenue reported for the fiscal year.
Operating income
$33B
Income from operations reported for the year.
Net income
$29.8B
Net income reported for the year.
Operating cash flow
$28.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 30, 2022 | $26.9B | n/a |
| Jan 29, 2023 | $27B | +0.2% |
| Jan 28, 2024 | $60.9B | +125.9% |
Business overview
The filing's Business overview section outlines the company's operations, while the Risk Factors and Management Discussion sections provide additional context. No specific business description details are available in the supplied data beyond these section headers.
Financial performance
Revenue grew significantly compared to the prior year, leading to higher operating income and net income. Operating cash flow also increased substantially, reflecting the revenue growth.
Material risks
The filing identifies risk factors in Item 1A, covering operational, market, and other uncertainties. These risks are described in the Risk Factors section of the filing.
Liquidity and capital
The company ended the fiscal year with a strong cash and marketable securities position. Operating cash flow increased due to revenue growth, while investing and financing activities reflected changes in securities transactions and capital returns.
What to watch
Monitor whether the company can sustain its recent revenue growth trajectory in the next filing.