Nvidia - Gross Margin

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Fiscal Year Gross Margin (%)
FY2025E 75.0%
FY2024 72.7%
FY2023 56.9%
FY2022 64.9%
FY2021 63.3%
FY2020 62.0%

Notes:

  • Nvidia's fiscal year ends in January. For example, fiscal year 2025 ended on January 26, 2025.
  • The gross margin for fiscal year 2025 increased primarily due to a higher mix of Data Center revenue.
  • The decline in gross margin for fiscal year 2023 was attributed to inventory charges related to excess supply of certain products.
  • Data is based on Generally Accepted Accounting Principles (GAAP).
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