Summary
NVIDIA Corporation's 2008 10-K filing highlights its strong leadership in visual computing, driven by its Graphics Processing Unit (GPU) business. The company reported significant revenue growth, demonstrating increasing market share in both desktop and notebook GPU categories. Strategic acquisitions and product innovations, including advancements in professional visualization, high-performance computing (Tesla), and mobile processors (APX), underscore NVIDIA's commitment to expanding its technological reach. The company is navigating a dynamic and competitive landscape, with a strong emphasis on research and development to maintain its technological edge. NVIDIA's financial performance shows robust growth in revenue and gross profit, reflecting the increasing demand for its core products. However, the company also acknowledges inherent risks related to competition, supply chain dependencies, and ongoing legal matters, including antitrust investigations and stock option-related litigation.
Financial Highlights
29 data points| Revenue | $4.10B |
| Cost of Revenue | $2.23B |
| Gross Profit | $1.87B |
| R&D Expenses | $691.64M |
| SG&A Expenses | $341.30M |
| Operating Expenses | $1.03B |
| Operating Income | $836.35M |
| Interest Expense | $54K |
| Net Income | $797.64M |
| EPS (Basic) | $0.04 |
| EPS (Diluted) | $0.03 |
| Shares Outstanding (Basic) | 22.00M |
| Shares Outstanding (Diluted) | 24.27M |
Key Highlights
- 1NVIDIA holds a leading market share in the standalone desktop GPU category, increasing from 52% to 64% in fiscal year 2008, driven by its GeForce 8-series GPUs.
- 2The company experienced significant design-win success in the notebook GPU market, growing its standalone notebook category share from 58% to 75% for fiscal year 2008.
- 3NVIDIA expanded its offerings into high-performance computing with the introduction of the NVIDIA Tesla product family.
- 4Acquisitions of Ageia Technologies (gaming physics), Mental Images (photorealistic rendering), and ULi Electronics (MCP) in prior periods are integrated to enhance product capabilities and market reach.
- 5The company's revenue grew by 34% in fiscal year 2008, reaching $4.10 billion, with a notable 47% increase in the GPU Business segment.
- 6Gross margin improved to 45.6% in fiscal year 2008 from 42.4% in fiscal year 2007, attributed to a favorable product mix and the introduction of higher-margin GeForce 8-series GPUs.
- 7NVIDIA is actively managing its cash reserves, holding $1.81 billion in cash, cash equivalents, and marketable securities as of January 27, 2008, and continues to execute a significant stock repurchase program.