NVDANvidia

Technology · Semiconductors · Nasdaq

NVIDIA pioneered accelerated computing to help solve the most challenging computational problems. 10-K, Item 1

Employees: 42,000
Headquarters: Santa Clara, CA
CEO: Jen Hsun Huang
Next results: around Nov 18, 2026

RevenueFY2017–26 $215.9B+65.5% Highest in 10 years 10-K FY2026 · XBRL Net incomeFY2017–26 $120.1B+64.7% Highest in 10 years 10-K FY2026 · XBRL Free cash flowFY2017–26 $96.7B+58.9% Highest in 5 years 10-K FY2026 · XBRL Operating marginFY2017–26 60.4%−2.0 pts 28.0% in FY2017 10-K FY2026 · XBRL

What changed

10-K filed Feb 25, 2026 against Feb 26, 2025

Area	What changed	Source
Risk factors	28 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Cash from operations lower than net income	Cash from operations $102.7B vs net income $120.1B (FY ending 2026-01-25)	10-K · XBRL
Inventory growing faster than revenue	Inventory +112.3% vs revenue +65.5% (+46.9 pts)	10-K · XBRL
Accounting checks	9 other checks clear, 2 worth a look	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	0 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 25, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-26. Quoted as filed.

We have entered into an intellectual property license arrangement with Groq, Inc., or Groq, that required significant, nonrefundable payments. Successfully incorporating the licensed technology into our architectures and product roadmaps requires significant engineering effort and may not occur on expected timelines or at all. The…
10-K, Item 1A

All 28 new paragraphs →

Accounting checks

latest 10-K

9 of 11 clear 2 worth a look. Checks, not verdicts.

!
Cash from operations lower than net incomeCash from operations $102.7B vs net income $120.1B (FY ending 2026-01-25)
!
Inventory growing faster than revenueInventory +112.3% vs revenue +65.5% (+46.9 pts)
✓
Receivables +66.8% vs revenue +65.5% (+1.3 pts)
✓
Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Valuation of Inventories - Provisions for Excess or Obsolete Inventories and Excess Product Purchase Commitments
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nothing new. The most recent filings:

Sep 3, 20268-K Other events 8-K item 8.01
Aug 26, 20268-K Quarterly results 8-K item 2.02
Aug 26, 202610-Q Quarterly report (10-Q) period ended Jul 26, 2026
Aug 17, 20268-K Material agreement signed, New debt or obligation, Regulation FD disclosure 8-K items 1.01, 2.03, 7.01

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