NVIDIA Corporation General Ledger

NVIDIA Corporation (NVDA) Financial Statements in Beancount — Open Ledger

NVIDIA's income statement and balance sheet, FY2024 through FY2027Q2, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K, 10-Q and 8-K filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/nvidia

Latest analysis: NVIDIA Q2 FY2027: $96.2B Revenue, $59.7B Net Income — and Operating Cash Flow Cut in Half

Key Figures

Amounts in MUSD (millions of US dollars), scaled from the USD amounts the ledger records.

What's Inside

Each year.bean includes that fiscal year's quarter files (Q1.bean–
Q4.bean), which hold the revenue and expense transactions, and adds the
year-end entries and the balance-sheet assertions; FY2027/year.bean includes
Q1 and Q2 so far, which is why it appears twice above. NVIDIA's fiscal year
ends in late January — FY2024 on January 28, 2024, FY2025 on January 26, 2025
and FY2026 on January 25, 2026 — and its SEC CIK is 0001045810. The ledger
posts full US dollars (USD), while the Key Figures table is in millions and
has no FY2024 figures yet. From Q1 FY2027 revenue is posted to two market
platforms, Income:Data-Center and Income:Edge-Computing, in place of the
earlier Gaming, Professional Visualization, Automotive and OEM and Other
lines.

Quick Start

make check     # uv run bean-check main.bean
make serve     # uv run fava main.bean — Fava web UI at http://127.0.0.1:5000

# or, with no virtualenv:
uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT account, sum(position) WHERE account ~ '^Income:' AND date >= 2025-01-27 AND date <= 2026-01-25 AND payee != 'Closing Entry' GROUP BY account ORDER BY account"

Zero output from make check (or bean-check) means every transaction sums to
zero and every asserted balance-sheet line matches the filed figure. The query
prints fiscal 2026 income by account; income is a credit, so it shows as a
negative number. It filters by the fiscal year's dates and leaves out the
closing entries, because each completed year closes its income and expense
accounts to retained earnings — a plain sum over a year nets to zero.

Methodology

• Income statement — each quarter file posts one transaction per
  disclosed line: revenue by segment, cost of revenue, research and
  development, sales, general and administrative, interest income and expense,
  other income (expense) and income tax. At the end of a completed fiscal year
  year.bean closes income and expenses to Equity:Retained-Earnings and
  retires treasury stock ("Closing Entry" transactions); FY2027 is still open,
  so its accounts carry year-to-date balances.
• Balance sheet — each completed year ends with pad directives (source
  Equity:Opening-Balances) and balance assertions against that year's Form
  10-K, and FY2024/year.bean opens the ledger from the FY2023 Form 10-K. For
  the quarters of the open year every asset and liability account is asserted
  individually; stockholders' equity is disclosed only in aggregate at quarter
  end, so the equity accounts are not asserted one by one there.
• Cash-flow items — disclosed cash-flow lines (customer collections,
  capital expenditures, securities purchases, share repurchases, stock-based
  compensation, dividends) are kept as transactions for their narrative value;
  the assertions above hold whatever their precision.
• Sources — quarter files cite NVIDIA's quarterly earnings press releases
  (furnished on Form 8-K); the year files cite the Form 10-K, or the Form 10-Q
  for the quarters of the open year.
• Chart — this ledger predates the Open Ledger standard chart: account
  names are hyphenated (Assets:Current:Cash-And-Equivalents) and main.bean
  groups them under a numbered chart of accounts.
• Unit — USD, full dollars; 96,221,000,000.00 USD means $96,221
  million.

Analysis

• NVIDIA Q2 FY2027: $96.2B Revenue, $59.7B Net Income — and Operating Cash Flow Cut in Half — FY2027Q2
• NVIDIA Q1 FY2027: $81.6B Revenue, and $15.9B of Net Income That Isn't From Chips — FY2027Q1
• NVIDIA's $68B Quarter: When Compute Equals Revenue and GPUs Print Money — FY2026Q4
• NVIDIA Q3 FY2026 Earnings: Inside the $57B Quarter Powering the AI Revolution — FY2026Q3
• The Open Ledger Movement

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of NVIDIA Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by NVIDIA Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.