NVIDIA Corporation

NVDANASDAQTechnology● Active

$205.10

$-13.56(-6.20%)

Market Cap$4.97T

P/E Ratio—

52W High$236.54

52W Low$138.83

Avg Volume166.4M

Open$214.43

Beta2.20

Overview

NVIDIA Corporation (NVDA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NVDA · free cash flow · updated Jun 8, 2026

Core FCF metrics

NVDA · FCF · TTM · margin & CAGR

Free cash flow was $96.68B for FY2026 (fiscal year ending 2026-01-25), up 58.9% year-over-year The FCF margin was 44.8%. Five-year CAGR stands at +83.1%.

FY2026 Free Cash Flow$96.68B▲ +58.9% YoY

Trailing 12M (TTM)$119.08Btrailing 4 quarters sum

FCF Margin44.8%$96.68B ÷ revenue

3-Year CAGR+193.9%FY2023 → FY2026

5-Year CAGR+83.1%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NVDA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$102.72B(6.04B)$96.68B▲ +58.9%44.8%

FY2025$64.09B(3.24B)$60.85B▲ +125.2%46.6%

FY2024$28.09B(1.07B)$27.02B▲ +609.6%44.4%

FY2023$5.64B(1.83B)$3.81B▼ 53.2%14.1%

FY2022$9.11B(976M)$8.13B▲ +73.2%30.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NVDA · P/FCF · FCF yield · FCF per share

NVIDIA Corporation (NVDA) trades at a FCF yield of 2.40% and a price-to-free-cash-flow ratio of 41.9x. FCF per share stands at $4.89, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.40%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.89

TTM FCF ÷ Shares Outstanding

Price / FCF

x41.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x41.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-25

Cash flow statement summary

NVDA · cash flow statement · operating / investing / financing

For FY2026, NVIDIA Corporation generated $102.72B in operating cash flow and spent 6.04B in capital expenditures, yielding $96.68B in free cash flow.

Operating Activities

+$102.72B

Cash from core business operations

2026-01-25

Investing Activities

−$52.23B

CapEx, acquisitions & investments

2026-01-25

Financing Activities

−$48.47B

Buybacks, dividends & debt

2026-01-25

FCF FormulaOperating CF ($102.72B) − |CapEx| (6.04B) = FCF ($96.68B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

NVDA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

NVIDIA CorporationYOU

NVDA

$96.68B+58.9%44.8%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Micron Technology, Inc.

$1.67B+1278.5%4.5%

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

NVIDIA Corporation (NVDA) reported free cash flow of $96.68B for FY2026 (fiscal year ending 2026-01-25), up 58.9% year-over-year. The FCF margin was 44.8%.

Based on available data, NVIDIA Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $96.68B in FY2026. The 5-year CAGR stands at +83.1%.

NVIDIA Corporation's FCF yield is 2.40% and price-to-FCF ratio is 41.9x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NVDA free cash flow · 8 questions

NVIDIA Corporation free cash flow was $96.68B for FY2026, up 58.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $119.08B.

NVDA free cash flowNVDA FCFNVDA FCF 2026NVDA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · NVIDIA Corporation · NVIDIA Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026