NVDA SEC Filings
NVIDIA CORP - 356 total filings
NVIDIA CORP 8-K Report, Executive Changes (Jul 2, 2026)
NVIDIA Corporation (NVDA) has announced a significant leadership transition within its Worldwide Field Operations division. Effective June 28, 2026, long-standing executive Ajay K. Puri will retire after 21 years with the company, though he will provide a senior advisory role to ensure a smooth handover. This signals a change in a key operational role for the technology giant. To fill this crucial position, NVIDIA has appointed Nicholas Parker as the new Executive Vice President, Worldwide Field Operations, commencing August 24, 2026. Mr. Parker brings extensive experience from Microsoft, where he held senior sales and business leadership roles for 26 years. His appointment is strategic, aiming to leverage his expertise in driving global growth and expanding NVIDIA's ecosystem, particularly in AI infrastructure. The compensation package for Mr. Parker, including a substantial base salary, sign-on bonus, and significant equity grants, underscores the importance of this role and NVIDIA's commitment to attracting top talent to maintain its market leadership.
NVIDIA CORP 8-K Report, Shareholder Vote Results (Jun 30, 2026)
NVIDIA Corporation's 8-K filing on June 30, 2026, reports on the outcomes of its 2026 Annual Meeting of Stockholders held on June 24, 2026. The primary focus of this filing is the voting results on various proposals put forth to shareholders. Notably, all ten director nominees were overwhelmingly approved, indicating strong shareholder confidence in the current board leadership. Additionally, shareholders approved, on an advisory basis, the compensation of the company's named executive officers, signaling alignment with executive pay practices. The filing also details the ratification of PricewaterhouseCoopers LLP as the independent registered accounting firm for the upcoming fiscal year. A significant governance change was also approved, with stockholders adopting a non-binding proposal to replace supermajority voting provisions with a simple majority voting standard. However, several non-binding stockholder proposals related to community resource groups, diversity and inclusion reporting, and GHG emissions from sold products did not receive majority support from shareholders.
NVIDIA CORP 8-K Report, Corporate Update (Jun 18, 2026)
NVIDIA Corporation (NVDA) announced the successful completion of a significant debt offering on June 18, 2026, raising a total of $25.5 billion across seven tranches of notes with varying maturities and interest rates. This substantial capital raise includes notes due in 2028, 2029, 2031, 2033, 2036, 2046, and 2056, with coupon rates ranging from 4.250% to 5.625%. The offering was executed under NVIDIA's existing shelf registration statement and was managed by prominent underwriters including Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC. This debt issuance represents a strategic move by NVIDIA to bolster its financial flexibility and likely fund ongoing research and development, capital expenditures, or potential strategic initiatives. The diverse maturity profile of the notes suggests a strategy to manage its long-term debt obligations and capital structure effectively. Investors should note the significant scale of this financing, which indicates continued strong operational performance and confidence from debt markets in NVIDIA's future prospects and creditworthiness. The specific use of proceeds is not detailed in this filing, but the company's consistent growth and investment in cutting-edge technology are well-documented.
NVIDIA CORP Quarterly Report for Q1 Ended Apr 26, 2026
NVIDIA Corporation's first quarter fiscal year 2027 (ending April 26, 2026) report demonstrates exceptionally strong performance, with revenue soaring to $81.6 billion, an 85% increase year-over-year. This growth was primarily fueled by the Compute & Networking segment, which saw a significant 88% jump, largely driven by their Data Center products, including the ramp-up of Blackwell systems and strong demand for their networking solutions. The company's gross margin expanded considerably to 74.9%, up from 60.5% in the prior year, benefiting from a reduction in inventory provisions compared to the prior period's significant charge. Net income skyrocketed by 211% year-over-year to $58.3 billion, resulting in a diluted EPS of $2.39. NVIDIA continues to be a dominant player in the AI infrastructure space, with significant investments in private companies and infrastructure funds. The company also announced an additional $80 billion share repurchase authorization and increased its quarterly dividend to $0.25 per share. While facing ongoing geopolitical risks and supply chain complexities, NVIDIA's financial strength and market position remain robust, underscoring its critical role in the advancement of AI and accelerated computing.
NVIDIA CORP 8-K Report, Financial Results (May 20, 2026)
NVIDIA Corporation (NVDA) has filed an 8-K report on May 20, 2026, to announce its financial results for the first quarter of fiscal year 2027, which ended on April 26, 2026. The filing includes a press release detailing the company's performance and a supplementary commentary from the CFO, Colette M. Kress. Investors should refer to the attached Exhibit 99.1 (Press Release) and Exhibit 99.2 (CFO Commentary) for specific financial figures and management's perspective on the quarter's results and outlook.
NVIDIA CORP 8-K Report, Executive Changes (May 8, 2026)
NVIDIA Corporation announced a significant change to its Board of Directors, appointing Suzanne Nora Johnson as a new member and a member of the Audit Committee, effective July 13, 2026. This appointment will increase the total number of directors from ten to eleven. Ms. Nora Johnson's addition brings valuable expertise to the Board, particularly concerning financial oversight through her role on the Audit Committee. Investors should note that her effective start date is later in the quarter due to a prior commitment. The company has outlined a comprehensive compensation package for Ms. Nora Johnson, reflecting standard board member compensation practices. This includes initial and pro-rated equity grants valued at $255,000 each, with specific vesting schedules over the next year and a half. Additionally, she will receive a pro-rated annual cash retainer of $85,000. NVIDIA will also enter into an indemnity agreement with her, consistent with agreements for other board members. These details provide transparency regarding the financial arrangements for new board leadership.
NVIDIA CORP 8-K Report, Executive Changes (Apr 27, 2026)
NVIDIA Corporation announced a change in its Chief Accounting Officer (CAO) position. Donald Robertson, the current VP and CAO, has decided to retire from his role effective May 4, 2026. He will transition to a VP, Finance role to assist with projects until July 1, 2026, ensuring a smooth handover. The company has appointed Scott Gawel as the new VP and CAO, effective May 4, 2026. Mr. Gawel brings extensive experience from his previous roles at Intel Corporation as Corporate VP and CAO, and prior leadership positions in accounting at Oracle Corporation. His appointment is accompanied by a competitive compensation package including a base salary and significant equity awards, signaling NVIDIA's commitment to strong financial leadership during this transition.
NVIDIA CORP 8-K Report, Executive Changes (Mar 6, 2026)
NVIDIA Corporation (NVDA) has filed an 8-K report detailing the adoption of its Variable Compensation Plan for Fiscal Year 2027, effective March 2, 2026. This plan outlines the framework for executive compensation based on the achievement of specific corporate performance goals during fiscal year 2027, which ends on January 31, 2027. The performance metrics are primarily tied to achieving specified revenue targets, with pre-defined levels for threshold, base, and stretch compensation. The plan establishes target award opportunities for named executive officers, with CEO Jen-Hsun Huang having the highest potential award opportunity at $4,000,000 for achieving the base compensation plan target, representing 200% of his fiscal year 2027 base salary. Other key executive officers, including the CFO, also have significant target award opportunities tied to company performance. This variable compensation is designed to align executive interests with NVIDIA's overall financial success.
NVIDIA CORP Annual Report, Year Ended Jan 25, 2026
NVIDIA Corporation's fiscal year 2026 filing showcases an exceptionally strong performance, driven by a staggering 65% revenue increase to $215.9 billion. The company's Data Center segment was the primary engine of this growth, up 68%, fueled by the widespread adoption of its accelerated computing and AI platforms, particularly the Blackwell architectures. The Gaming segment also saw significant growth (41%), with impressive demand for Blackwell GPUs, although the company anticipates supply constraints to be a headwind in the upcoming fiscal year. Despite the robust revenue growth and a substantial increase in net income to $120.1 billion, the gross margin experienced a slight decline to 71.1% from 75.0% in the prior year. This was largely attributed to the transition to Blackwell full-scale datacenter solutions and a $4.5 billion charge for H20 excess inventory and purchase obligations. The company continues to invest heavily in research and development (up 43%) and has a strong liquidity position with $62.6 billion in cash, cash equivalents, and marketable securities, alongside significant share repurchase activity. However, ongoing export control restrictions, particularly impacting the China market, remain a significant risk factor, impacting competitive positioning and future revenue potential.
NVIDIA CORP 8-K Report, Financial Results (Feb 25, 2026)
NVIDIA Corporation (NVDA) has filed an 8-K report on February 25, 2026, to announce its financial results for the fourth quarter and the full fiscal year 2026, ending January 25, 2026. The report primarily incorporates by reference a press release and CFO commentary detailing these results. Investors should refer to the attached exhibits for the specific financial figures and management's qualitative analysis of performance. This filing signals the conclusion of NVIDIA's fiscal year and provides critical insights into the company's recent performance, likely impacting investor sentiment and future strategic outlook. The key takeaway for investors is the immediate availability of detailed financial performance data and management's perspective on the fourth quarter and the entirety of fiscal year 2026. While the 8-K itself does not contain the numerical results directly, it directs investors to the accompanying press release and CFO commentary for comprehensive information. These documents are expected to cover revenue, profitability, segment performance (such as data center, gaming, etc.), and potentially guidance for the upcoming fiscal year. Investors should closely examine these provided materials to assess NVIDIA's operational execution, market position, and growth trajectory.
NVIDIA CORP 8-K Report, Executive Changes (Jan 23, 2026)
NVIDIA Corporation (NVDA) has filed an 8-K report detailing the resignation of Dr. Persis Drell from its Board of Directors, effective January 20, 2026. Dr. Drell's departure also includes her role on the Board's Compensation Committee. The company explicitly states that her resignation is to pursue a new professional opportunity and is not due to any disagreements with NVIDIA regarding its operations, policies, or practices. This information is crucial for investors to understand potential shifts in board composition and governance, even though no negative factors are cited.
NVIDIA CORP 8-K Report, Financial Results (Nov 19, 2025)
NVIDIA Corporation has filed an 8-K report on November 19, 2025, to announce its financial results for the third quarter of Fiscal Year 2026, ending October 26, 2025. The report primarily serves as a vehicle to furnish a press release and CFO commentary, which contain the detailed financial performance and forward-looking insights for the quarter. Investors should refer to the attached press release (Exhibit 99.1) and the CFO Commentary (Exhibit 99.2) for comprehensive information regarding revenue, profitability, and any strategic outlook provided by the company. This filing indicates that NVIDIA is providing timely updates on its operational and financial condition to the market. While the 8-K itself is a notification of these events, the core financial data and management's perspective on these results are contained within the accompanying exhibits. Investors are encouraged to review these exhibits closely for a thorough understanding of NVIDIA's performance and any potential implications for future business.
NVIDIA CORP Quarterly Report for Q3 Ended Oct 26, 2025
NVIDIA Corporation's (NVDA) 10-Q filing for the period ending October 25, 2025, reveals another quarter of exceptional performance, driven by continued robust demand for its data center and AI solutions. Revenue surged by 62% year-over-year to $57.0 billion, with the Compute & Networking segment being the primary driver, up 64% to $50.9 billion. This growth is attributed to the increasing adoption of its Blackwell architectures and the broader platform shifts in accelerated computing and AI. Despite a significant charge related to excess H20 inventory impacting the year-to-date gross margin, the sequential improvement in gross margin indicates the successful ramp of newer architectures and cost structure efficiencies. The company continues to invest heavily in research and development, alongside significant capital allocation towards share repurchases and strategic investments, including a substantial commitment to Anthropic. While geopolitical factors, particularly U.S. export controls, present ongoing challenges and potential risks to revenue, NVIDIA's strong market position and continuous product innovation appear to be mitigating these impacts effectively in the current reporting period. The company reiterates its belief in sufficient liquidity for foreseeable future operations.
NVIDIA CORP Quarterly Report for Q2 Ended Jul 27, 2025
NVIDIA Corporation reported robust financial results for the fiscal second quarter ending July 27, 2025, showcasing significant year-over-year growth. Revenue surged by 56% to $46.74 billion, primarily driven by the Compute & Networking segment, which saw a 56% increase to $41.33 billion. This strong performance underscores the sustained high demand for NVIDIA's accelerated computing and AI solutions, particularly within data centers. The company's strategic focus on advanced architectures, including the Blackwell GPU ramp, continues to fuel its top-line growth. Despite impressive revenue expansion, gross margin experienced a slight year-over-year decline to 72.4% from 75.1%, attributed to the product mix shift towards full-scale datacenter systems. However, operating expenses increased by 38%, largely due to investments in R&D and higher compensation. Net income grew an impressive 59% year-over-year to $26.42 billion, translating to a diluted EPS of $1.08. NVIDIA also demonstrated strong cash generation, with net cash from operating activities reaching $42.78 billion for the first half of the fiscal year, alongside a substantial increase in its share repurchase program, reflecting confidence in its financial position and commitment to shareholder returns.
NVIDIA CORP 8-K Report, Financial Results (Aug 27, 2025)
NVIDIA Corporation (NVDA) has filed a Current Report on Form 8-K to announce its financial results for the second quarter of Fiscal Year 2026, which ended on July 27, 2025. The filing incorporates by reference a press release and commentary from the Chief Financial Officer (CFO). While specific financial figures are not detailed within the 8-K itself, these supplementary documents are expected to provide investors with key performance indicators, revenue breakdowns, and management's outlook on the company's financial condition and operational results. Investors should review the attached press release (Exhibit 99.1) and the CFO Commentary (Exhibit 99.2) for a comprehensive understanding of NVIDIA's quarterly performance. These documents will likely offer insights into the company's revenue drivers, profitability, and future guidance, particularly within the context of its core markets such as artificial intelligence, gaming, and data center solutions. The company emphasizes that these furnished documents are not deemed 'filed' for certain regulatory purposes, but they represent the official disclosure of NVIDIA's quarterly financial and operational updates.
NVIDIA CORP 8-K Report, Executive Changes (Aug 5, 2025)
NVIDIA Corporation (NVDA) has filed a Current Report (8-K) detailing the resignation of Director Ellen Ochoa from its Board of Directors, effective July 31, 2025. Dr. Ochoa also stepped down from the Nominating and Corporate Governance Committee. The company explicitly states that her departure is due to personal reasons and not related to any disagreements concerning the company's operations, policies, or practices. This information is crucial for investors to understand the stability and governance structure of the company's leadership.
NVIDIA CORP 8-K Report, Shareholder Vote Results (Jul 1, 2025)
NVIDIA Corporation (NVDA) filed an 8-K report on June 30, 2025, detailing the outcomes of its 2025 Annual Meeting of Stockholders held on June 25, 2025. The primary focus of this filing is the voting results on several key proposals presented to shareholders. All thirteen director nominees were overwhelmingly approved for re-election, indicating strong shareholder confidence in the current board leadership. Additionally, shareholders provided advisory approval for the compensation of named executive officers and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered accounting firm for the upcoming fiscal year.
NVIDIA CORP Quarterly Report for Q1 Ended Apr 27, 2025
NVIDIA Corporation reported robust financial results for the first quarter of fiscal year 2026, driven by exceptional demand for its accelerated computing platforms and AI solutions. Revenue surged by 69% year-over-year to $44.1 billion, with the Data Center segment experiencing a remarkable 73% growth. This growth was propelled by the continued ramp of its Blackwell architecture across all customer categories and strong adoption by cloud service providers and consumer internet companies. Despite the strong top-line performance, the company incurred a significant $4.5 billion charge related to H20 excess inventory and purchase obligations due to new U.S. government export licensing requirements for China, which also impacts future revenue outlook. Profitability saw a noticeable impact from this charge, with gross margin decreasing to 60.5% compared to 78.4% in the prior year's first quarter. Operating income, however, still saw a healthy 28% year-over-year increase to $21.6 billion, and net income grew 26% to $18.8 billion. The company's balance sheet remains strong, with $53.7 billion in cash, cash equivalents, and marketable securities, allowing for continued investment in innovation and significant capital returns to shareholders through share repurchases and dividends. Management is actively navigating evolving export control regulations and supply chain complexities while focusing on new product introductions and supporting the growing AI ecosystem.
NVIDIA CORP 8-K Report, Financial Results (May 28, 2025)
NVIDIA Corporation (NVDA) has filed a Current Report on Form 8-K, announcing its financial results for the first quarter of fiscal year 2026, which ended on April 27, 2025. The report primarily serves to furnish the press release and accompanying commentary from the Chief Financial Officer, Colette M. Kress, detailing the company's performance and outlook. Investors should refer to the attached press release (Exhibit 99.1) and CFO Commentary (Exhibit 99.2) for a comprehensive understanding of the quarterly results. While this 8-K filing does not incorporate these documents by reference into other SEC filings, it formally acknowledges their release. The key financial metrics, operational highlights, and forward-looking statements will be found within these furnished exhibits, which are crucial for evaluating NVIDIA's current financial standing and future prospects.
NVIDIA CORP 8-K Report, Corporate Update (Apr 15, 2025)
NVIDIA Corporation has announced a significant development regarding export restrictions to China and certain other countries. The U.S. government has informed NVIDIA that a license will be required for the export of its H20 integrated circuits, and similar high-bandwidth products, to China (including Hong Kong and Macau) and D:5 countries. This requirement stems from concerns that these products could be utilized in or diverted to supercomputers within China. The license requirement is now in effect indefinitely, indicating a potentially prolonged impact on NVIDIA's sales to these regions. This regulatory action is expected to have an immediate financial impact on NVIDIA. For its first quarter of fiscal year 2026, which concludes on April 27, 2025, the company anticipates recognizing charges of up to approximately $5.5 billion. These charges are associated with inventory, purchase commitments, and related reserves for H20 products, reflecting the inability to fulfill or sell these specific items due to the new export controls. Investors should monitor future guidance for implications on revenue and profitability, especially concerning the Chinese market.
NVIDIA CORP 8-K Report, Executive Changes (Mar 7, 2025)
NVIDIA Corporation has announced the adoption of its Variable Compensation Plan for Fiscal Year 2026, outlining the framework for executive bonuses tied to company performance. The 2026 Plan, effective for the fiscal year ending January 25, 2026, establishes performance goals based on achieving specific revenue targets. This plan provides eligible executive officers with the opportunity to earn variable cash payments contingent upon meeting these pre-defined corporate performance metrics. The Compensation Committee has defined threshold, base, and stretch compensation levels. Notably, the target award for President and CEO Jen-Hsun Huang at base compensation plan achievement is set at $3,000,000, representing 200% of his fiscal year 2026 base salary. Other named executive officers also have defined target award opportunities tied to base salary percentages. Eligibility for awards requires participants to remain employed through the payment date, unless otherwise determined by the Compensation Committee.
NVIDIA CORP Annual Report, Year Ended Jan 26, 2025
NVIDIA Corporation reported exceptional financial results for the fiscal year ended January 26, 2025, showcasing a substantial 114% year-over-year revenue increase, reaching $130.5 billion. This remarkable growth was predominantly fueled by a surge in demand for its Data Center solutions, which saw a 145% increase, driven by the adoption of its Hopper architecture for AI workloads like large language models and generative AI. The company also initiated shipments of its new Blackwell architecture in the fourth quarter, signaling continued innovation and future growth potential in the AI infrastructure space. Despite a 45% increase in operating expenses, largely attributed to investments in research and development and increased headcount, NVIDIA maintained strong profitability, with operating income growing by 147% and net income by 145% year-over-year. The company's strategic focus on its full-stack computing platform, encompassing hardware, software, and networking, continues to solidify its market leadership, though it remains subject to evolving geopolitical and regulatory environments, particularly concerning export controls.
NVIDIA CORP 8-K Report, Financial Results (Feb 26, 2025)
NVIDIA Corporation (NVDA) has filed an 8-K report on February 26, 2025, to announce its financial results for the fourth quarter and full fiscal year ended January 26, 2025. The filing incorporates by reference a press release (Exhibit 99.1) and commentary from its CFO, Colette M. Kress (Exhibit 99.2), detailing these results. Investors should refer to these exhibits for specific financial figures and management's outlook. It's important to note that this furnished information is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934 and will not be automatically incorporated into future SEC filings by NVIDIA.
NVIDIA CORP 8-K Report, Corporate Update (Jan 17, 2025)
NVIDIA Corporation has filed an 8-K report detailing new U.S. government export control regulations impacting artificial intelligence (AI) hardware. The "AI Diffusion" rule, scheduled to take effect on May 15, 2025, after a 120-day delayed compliance period, will impose a worldwide licensing requirement on certain advanced integrated circuits (ICs) and systems that incorporate them, including many of NVIDIA's high-performance products like the A100, H100, and the newer B200 and GB200 series. This rule aims to control the global spread of advanced AI capabilities. NVIDIA stated it supports U.S. innovation and responsible AI development and intends to provide feedback during the public comment period.
NVIDIA CORP 8-K Report, Financial Results (Nov 20, 2024)
NVIDIA Corporation (NVDA) filed an 8-K on November 19, 2024, to report its financial results for the third quarter of its fiscal year 2025, which ended on October 27, 2024. The filing includes a press release detailing the financial performance and a separate commentary from the Chief Financial Officer, Colette M. Kress, offering further insights into the quarter's results. Investors should note that the press release and CFO commentary are furnished and not considered "filed" under Section 18 of the Securities Exchange Act of 1934, meaning they do not carry the same legal liabilities. This 8-K serves as a notification of the release of this financial information, with the detailed financial data and qualitative analysis provided in the attached exhibits.
NVIDIA CORP Quarterly Report for Q3 Ended Oct 27, 2024
NVIDIA Corporation reported stellar financial results for the third quarter of fiscal year 2025, showcasing exceptional revenue growth driven primarily by its Data Center segment. Revenue surged by 94% year-over-year to $35.1 billion, with the Data Center segment alone growing 112% to $31.0 billion, fueled by robust demand for accelerated computing and AI solutions, particularly the Hopper architecture. The company demonstrated strong profitability, with net income rising 109% to $19.3 billion and diluted earnings per share increasing by 111% to $0.78. Gross margin remained healthy at 74.6%. NVIDIA also highlighted significant progress on its next-generation Blackwell architecture, with production shipments expected to begin in the fourth quarter of fiscal year 2025, though demand is anticipated to exceed supply for several quarters thereafter. Despite supply constraints and the ongoing impact of global trade regulations, NVIDIA continues to invest in supply chain expansion and product innovation. The company reaffirmed its commitment to returning capital to shareholders through substantial share repurchases and dividends, underscoring its strong financial position and confidence in future growth prospects.
NVIDIA CORP 8-K Report, Executive Changes (Nov 7, 2024)
NVIDIA Corporation announced a significant change to its Board of Directors with the appointment of Dr. Ellen Ochoa, effective November 7, 2024. This appointment increases the size of the Board from twelve to thirteen members. Dr. Ochoa, a former astronaut and distinguished figure in STEM, is expected to contribute valuable expertise to NVIDIA's governance. Her addition signals a potential enhancement in the company's strategic oversight and corporate governance practices. In connection with her appointment, Dr. Ochoa will receive initial equity grants, including restricted stock units vesting over three years and a pro-rated annual grant vesting in May 2025, along with a pro-rated annual cash retainer. These compensation arrangements are standard for new board members and are designed to align her interests with those of the company and its shareholders. Investors should note this expansion of the board as a step towards potentially broadening the diverse perspectives and experiences guiding NVIDIA's future.
NVIDIA CORP Quarterly Report for Q2 Ended Jul 28, 2024
NVIDIA Corporation's (NVDA) Form 10-Q filing for the period ending July 27, 2024, reveals exceptionally strong financial performance, driven primarily by its Data Center segment. Revenue surged by 122% year-over-year to $30.04 billion for the second quarter, with net income rising by an even more impressive 168% to $16.60 billion. This performance is fueled by sustained high demand for AI and accelerated computing solutions, particularly its Hopper GPU architecture. The company demonstrated robust sequential growth as well, with revenue up 15% and net income up 12%. While gross margins saw a slight sequential dip due to inventory provisions for new Blackwell material, they remained strong at 75.1%, up from 70.1% in the prior year. NVIDIA also provided a positive outlook, anticipating several billion dollars in Blackwell revenue in the fourth quarter of fiscal year 2025 and continued strength in its Data Center segment. NVIDIA continues to invest heavily in research and development and expanding its supply chain to meet demand. The company also announced a significant increase in its share repurchase authorization, highlighting its commitment to returning capital to shareholders. Despite ongoing global trade complexities and regulatory scrutiny, NVIDIA's core business remains exceptionally strong.
NVIDIA CORP 8-K Report, Financial Results (Aug 28, 2024)
NVIDIA Corporation (NVDA) filed an 8-K on August 28, 2024, to report its financial results for the second quarter of fiscal year 2025, ending July 28, 2024. The filing includes a press release and commentary from the CFO, providing details on the company's performance during the quarter. While the 8-K itself is an informational filing, the attached press release and CFO commentary are the primary sources for investor-focused insights into NVIDIA's operational and financial condition. Investors should refer to the attached press release (Exhibit 99.1) and CFO Commentary (Exhibit 99.2) for specific financial figures, revenue breakdowns, profitability metrics, and forward-looking statements. These documents will detail the company's performance in its key segments, likely including Data Center and Gaming, and offer management's perspective on market trends and future outlook. The furnishing of these documents under Item 2.02 is standard practice for earnings releases.
NVIDIA CORP 8-K Report, Shareholder Vote Results (Jul 2, 2024)
NVIDIA Corporation's (NVDA) recent 8-K filing on July 2, 2024, details the outcomes of its 2024 Annual Meeting of Stockholders held on June 26, 2024. The key takeaway for investors is the overwhelming approval of all presented proposals, indicating strong shareholder support for the company's governance and strategic direction. All twelve director nominees were re-elected with substantial 'For' votes, underscoring confidence in leadership. Furthermore, shareholders provided advisory approval for executive compensation and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered accounting firm for the upcoming fiscal year. Notably, a significant proposal to replace supermajority voting provisions with a simple majority standard also passed with strong support, signaling a move towards more straightforward corporate governance. The voting results are reported on a pre-stock split basis, a detail investors should consider when analyzing historical context.
NVIDIA CORP 8-K Report, Bylaw Amendment (Jun 7, 2024)
NVIDIA Corporation (NVDA) has officially filed an amendment to its Restated Certificate of Incorporation, which became effective on June 7, 2024. This filing formally enacts a previously announced ten-for-one forward stock split. The amendment also proportionally increases NVIDIA's authorized common stock from 8 billion to 80 billion shares. This stock split is a significant event for investors as it will adjust the number of outstanding shares and the per-share price. Trading on a split-adjusted basis is scheduled to commence at market open on June 10, 2024. While a stock split does not change the intrinsic value of the company or an investor's total holdings, it can increase the liquidity and affordability of shares, potentially attracting a broader investor base.
NVIDIA CORP Quarterly Report for Q1 Ended Apr 28, 2024
NVIDIA Corporation (NVDA) reported exceptional financial results for the first quarter of fiscal year 2025, ending April 28, 2024. The company demonstrated a significant year-over-year revenue increase of 262%, reaching $26.04 billion, primarily driven by its Data Center segment. This segment saw a remarkable 427% surge in revenue to $22.68 billion, fueled by robust demand for its AI computing platforms, particularly the NVIDIA Hopper GPU. The company's gross margin improved substantially to 78.4%, reflecting strong pricing power and high demand for its advanced AI solutions. Net income also saw an extraordinary increase, growing 628% year-over-year to $14.88 billion, resulting in diluted earnings per share of $5.98, a 629% increase from the prior year. The company highlighted strong demand visibility for its next-generation Blackwell platform, with customer shipments expected to ramp in the second half of the fiscal year, though supply constraints are anticipated to continue into the next year. NVIDIA also announced a ten-for-one stock split and a 150% increase in its quarterly cash dividend, signaling confidence in its future growth prospects.
NVIDIA CORP 8-K Report, Financial Results (May 22, 2024)
NVIDIA Corporation (NVDA) filed an 8-K on May 22, 2024, to announce its financial results for the first quarter of fiscal year 2025, ending April 28, 2024, alongside two significant corporate actions. The company reported strong performance for the quarter, with details provided in an attached press release and CFO commentary. Investors should note that while these financial results are being disclosed, they are furnished and not deemed "filed" for certain regulatory purposes. Beyond the quarterly performance, NVIDIA announced a transformative ten-for-one forward stock split, a move intended to make its shares more accessible to a broader range of investors. Concurrently, the company announced a substantial 150% increase in its quarterly cash dividend, signaling strong confidence in its financial health and commitment to returning value to shareholders. The stock split is expected to become effective for trading on June 10, 2024, with the increased dividend payable on June 28, 2024.
NVIDIA CORP 8-K Report, Executive Changes (Mar 14, 2024)
NVIDIA Corporation (NVDA) filed an 8-K report on March 13, 2024, detailing the adoption of its Fiscal Year 2025 Variable Compensation Plan and amendments to its Bylaws. The 2025 Plan allows for executive officers to earn cash bonuses tied to the achievement of specific corporate performance goals for fiscal year 2025, which ends on January 26, 2025. The performance metrics are based on achieving certain revenue targets, with defined threshold, base, and stretch levels for compensation. Furthermore, NVIDIA amended its Bylaws, effective March 12, 2024. Key changes include empowering stockholders who own at least 15% of the voting power for at least one year to call a special meeting under specific conditions. The amendments also remove the requirement for a stockholder list to be made available at meetings, aligning with Delaware law, and include other technical updates. These actions reflect NVIDIA's ongoing governance practices and executive compensation strategies.
NVIDIA CORP Annual Report, Year Ended Jan 28, 2024
NVIDIA Corporation (NVDA) delivered an exceptional fiscal year 2024, marked by a staggering 126% increase in revenue to $60.9 billion, primarily driven by a 217% surge in its Data Center segment. This growth is largely attributed to the insatiable demand for AI infrastructure, particularly for training and inference of large language models (LLMs) and generative AI applications. The company's full-stack computing platform, encompassing GPUs, networking, and software, has solidified its dominant position in the AI revolution. While the Data Center segment is the clear growth engine, the Graphics segment also demonstrated resilience, growing 15%. The company continues to invest heavily in research and development to maintain its technological leadership across all its markets, including Gaming, Professional Visualization, and Automotive. Despite facing geopolitical and supply chain complexities, including U.S. export controls impacting sales to China, NVIDIA has demonstrated robust demand and a strong ability to navigate these challenges. The company's substantial cash generation and ongoing share repurchase program further underscore its financial strength and commitment to shareholder returns.
NVIDIA CORP 8-K Report, Financial Results (Feb 21, 2024)
NVIDIA Corporation (NVDA) has filed an 8-K report on February 21, 2024, announcing its financial results for the fourth quarter and full fiscal year ended January 28, 2024. The filing incorporates by reference a press release and CFO commentary, which provide detailed insights into the company's performance. Investors should pay close attention to the upcoming details from these attached documents, as they will offer a comprehensive overview of NVIDIA's financial condition and operational results for the most recent periods.
NVIDIA CORP Quarterly Report for Q3 Ended Oct 29, 2023
NVIDIA Corporation's (NVDA) third quarter of fiscal year 2024 (ending October 29, 2023) demonstrated exceptional financial performance, driven primarily by the robust demand in its Data Center segment, fueled by the burgeoning AI market. Revenue surged by 206% year-over-year to $18.12 billion, with the Data Center segment alone growing an impressive 279% to $14.51 billion. This growth underscores NVIDIA's dominant position in providing the accelerated computing infrastructure essential for AI model training and inference. The company also saw strong performance in its Gaming segment, which grew 81% year-over-year, indicating a healthy recovery in channel inventory and strong consumer demand for its latest GeForce GPUs. Despite increased operating expenses, largely due to investments in R&D and compensation, NVIDIA's operating income expanded dramatically by 1,633% to $10.42 billion, reflecting significant operating leverage and improved gross margins from a more favorable product mix. The company also updated its share repurchase authorization, signaling continued commitment to returning capital to shareholders.
NVIDIA CORP 8-K Report, Financial Results (Nov 21, 2023)
NVIDIA Corporation filed an 8-K on November 21, 2023, announcing its financial results for the third quarter of fiscal year 2024, ending October 29, 2023. The report primarily references an attached press release (Exhibit 99.1) and CFO commentary (Exhibit 99.2), which provide detailed financial information and management's perspective on the quarter's performance. Investors should pay close attention to these exhibits for the specific revenue, profit, and guidance figures. While the 8-K itself does not contain the detailed financial numbers, it serves as the official notification that NVIDIA has publicly disclosed its Q3 FY2024 results. The press release and CFO commentary are expected to highlight strong performance, likely driven by the continued demand for its AI and data center GPUs, which have been key growth drivers for the company. Investors will be looking for the actual financial metrics and forward-looking statements within these referenced documents.
NVIDIA CORP 8-K Report, Corporate Update (Oct 24, 2023)
NVIDIA Corporation (NVDA) announced on October 23, 2023, that the U.S. Government has accelerated the effective date for new export control licensing requirements on certain advanced computing products. These new rules, initially slated for a 30-day delay, now impact shipments of high-performance products like A100, A800, H100, H800, and L40S, effective immediately. The acceleration pertains to products with a "total processing performance" of 4800 or more, designed for datacenters. Despite the immediate implementation of these stricter export controls, NVIDIA stated that it does not anticipate a near-term, meaningful impact on its financial results due to the strong global demand for its products. The company highlighted that these are forward-looking statements and are subject to various risks and uncertainties that could materially alter actual outcomes. Investors should monitor global economic conditions, supply chain dependencies, technological competition, and market acceptance as key factors that could influence NVIDIA's performance.
NVIDIA CORP 8-K Report, Corporate Update (Oct 17, 2023)
NVIDIA Corporation has filed an 8-K report to disclose the U.S. Government's publication of an "Interim Final Rule" implementing additional export controls on certain advanced computing items. This rule imposes new licensing requirements on the export of specific high-performance integrated circuits and systems, including NVIDIA's A100, H100, L40, and RTX 4090, to China and other specified countries (Country Group D5). The regulation aims to restrict access to advanced AI and supercomputing technologies for these regions. While this new rule could potentially impact NVIDIA's ability to develop products, support existing customers, or supply customers outside of the restricted regions, and may necessitate operational transitions, the company stated that it does not anticipate a near-term meaningful impact on its financial results due to strong global demand. NVIDIA may seek licenses for customers requiring covered products but has no assurance of their approval or timely processing. Investors should monitor future filings for updates on the long-term implications of these export controls.
NVIDIA CORP Quarterly Report for Q2 Ended Jul 30, 2023
NVIDIA Corporation (NVDA) reported exceptionally strong financial results for the second quarter of fiscal year 2024, with revenue surging 101% year-over-year to $13.51 billion. This growth was primarily driven by a remarkable 171% increase in Data Center revenue, reaching $10.32 billion, fueled by massive demand for its AI computing platforms, particularly from cloud service providers (CSPs) and large internet companies. The company's gross margin also significantly improved to 70.1% from 43.5% in the prior year's quarter, reflecting the favorable shift in revenue mix towards higher-margin Data Center products and a reduction in inventory provisions. Net income experienced an explosive growth of 843% year-over-year, reaching $6.19 billion, translating to diluted earnings per share of $2.48, up from $0.26 in the same period last year. NVIDIA's strong performance highlights its leading position in the AI infrastructure market, with continued robust demand visibility extending into the next fiscal year. The company also announced a substantial increase to its share repurchase program, underscoring its confidence in future performance and commitment to returning capital to shareholders.
NVIDIA CORP 8-K Report, Financial Results (Aug 23, 2023)
NVIDIA Corporation filed an 8-K on August 23, 2023, to announce its financial results for the second quarter of Fiscal Year 2024, ending July 30, 2023. The filing includes a press release detailing these results and a separate CFO Commentary providing further financial insights. These documents are furnished, not filed, and are crucial for investors to understand the company's recent performance and outlook. While the 8-K itself doesn't contain the detailed financial figures, it directs investors to the attached press release (Exhibit 99.1) and CFO Commentary (Exhibit 99.2) for the quarter's performance. Investors should carefully review these exhibits to grasp NVIDIA's revenue, profitability, and any forward-looking statements related to its key markets, particularly in data center and gaming, which are significant drivers of its business.
NVIDIA CORP 8-K Report, Executive Changes (Jul 24, 2023)
NVIDIA Corporation (NVDA) announced a change to its Board of Directors through an 8-K filing dated July 24, 2023. The company appointed Melissa Lora as a new member of the Board, increasing the total number of directors from thirteen to fourteen. Ms. Lora will also serve on the Audit Committee, a key governance role. This appointment is accompanied by standard compensation arrangements for new board members, including equity grants in the form of restricted stock units (RSUs) with a three-year vesting schedule and a pro-rated annual cash retainer. These arrangements are designed to align Ms. Lora's interests with those of shareholders. The addition of Ms. Lora, who brings her experience to the board, is a notable governance update for NVIDIA investors.
NVIDIA CORP 8-K Report, Shareholder Vote Results (Jun 27, 2023)
NVIDIA Corporation (NVDA) filed an 8-K on June 26, 2023, detailing the outcomes of its 2023 Annual Meeting of Stockholders held on June 22, 2023. The primary focus of this filing is the voting results on several key proposals. Investors will note that all thirteen director nominees were overwhelmingly approved for re-election. Additionally, the compensation of named executive officers received strong advisory approval, and stockholders voted in favor of holding this advisory vote annually. Furthermore, the selection of PricewaterhouseCoopers LLP as NVIDIA's independent registered accounting firm for the fiscal year ending January 28, 2024, was also ratified with substantial support. These results indicate continued shareholder confidence in the company's leadership, executive compensation practices, and financial oversight.
NVIDIA CORP Quarterly Report for Q1 Ended Apr 30, 2023
NVIDIA Corporation reported its first-quarter fiscal year 2024 results, showcasing resilience and strategic shifts. While overall revenue declined year-over-year by 13% to $7.19 billion, this was driven by a significant 41% drop in the Graphics segment, largely due to normalized channel inventory and macroeconomic slowdown impacting gaming. However, the crucial Compute & Networking segment demonstrated strong growth, with a 21% year-over-year increase in revenue to $4.46 billion, fueled by burgeoning demand for AI and large language models. This segment's performance was bolstered by sales to large consumer internet companies and cloud service providers, highlighting NVIDIA's pivotal role in the AI infrastructure build-out. The company also saw a notable sequential improvement in revenue, up 19% from the previous quarter, indicating a recovery and increasing demand, particularly in Data Center applications. Profitability remained strong, with net income rising 26% year-over-year to $2.04 billion and diluted EPS increasing by 28% to $0.82. NVIDIA continues to manage its supply chain actively, preparing for new product architectures and navigating global trade complexities, including recent U.S. export controls impacting sales to China.
NVIDIA CORP 8-K Report, Financial Results (May 24, 2023)
NVIDIA Corporation (NVDA) filed an 8-K on May 23, 2023, to announce its financial results for the first quarter of fiscal year 2024, ended April 30, 2023. The filing includes a press release and CFO commentary, which provide detailed financial information and management's perspective on the company's performance. These documents are crucial for investors seeking to understand the company's operational and financial condition during the reported quarter. While the 8-K itself does not contain the detailed financial figures within the document, it directs investors to attached exhibits (99.1 and 99.2) which contain the official press release and CFO commentary. These exhibits are expected to cover key performance indicators, revenue drivers, profitability, and outlook. Investors should refer to these attached documents for specific financial data and forward-looking statements.
NVIDIA CORP 8-K Report, Executive Changes (Mar 8, 2023)
NVIDIA Corporation (NVDA) filed an 8-K report on March 7, 2023, detailing the adoption of its Variable Compensation Plan for Fiscal Year 2024 and amendments to its Bylaws. The 2024 Plan establishes a cash-based incentive program for eligible executive officers, with payouts tied to the achievement of specific corporate performance goals related to revenue. The CEO, Jen-Hsun Huang, has the largest target award opportunity, set at 200% of his base salary. The amendments to the Bylaws, effective March 2, 2023, primarily focus on enhancing procedural mechanics and disclosure requirements for stockholder nominations of directors and proposals of other business. These changes include requirements for additional background information, representations regarding proxy solicitations, updated disclosures, and specific provisions regarding the use of proxy card colors to differentiate between the Board and stockholder-solicited proxies. These updates aim to streamline corporate governance processes and ensure transparency in stockholder engagement.
NVIDIA CORP Annual Report, Year Ended Jan 29, 2023
NVIDIA Corporation's 2023 10-K filing reveals a company at a pivotal moment, demonstrating resilience with flat year-over-year revenue of $26.97 billion despite significant inventory challenges. While the Graphics segment experienced a substantial downturn, primarily due to a strategic reduction in channel inventory and softening gaming demand, the Compute & Networking segment saw robust growth, driven by hyperscale customers and early cloud AI service adoption. A notable development was the $1.35 billion acquisition termination cost related to the failed Arm acquisition, impacting overall profitability. The company is actively managing inventory levels and positioning itself for future growth, particularly in the burgeoning AI and data center markets, with a strong emphasis on its unified architecture and expanding software ecosystem. Despite a significant decline in gross margin due to $2.17 billion in inventory provisions, NVIDIA is investing heavily in R&D to maintain its technology leadership. The company faces ongoing risks related to supply chain dependencies, intense competition, and evolving global trade regulations, particularly concerning China. Nevertheless, NVIDIA's strategic focus on accelerated computing, AI, and its expanding platform strategy, coupled with substantial share repurchases and dividends, highlights its commitment to shareholder value and long-term innovation.
NVIDIA CORP 8-K Report, Financial Results (Feb 22, 2023)
NVIDIA Corporation (NVDA) filed an 8-K on February 22, 2023, to announce its financial results for the fourth quarter and fiscal year ended January 29, 2023. The report primarily serves as a vehicle to furnish the press release and CFO commentary detailing these results, which are attached as exhibits. Investors should refer to the press release (Exhibit 99.1) and the CFO Commentary (Exhibit 99.2) for specific financial performance figures, segment details, and management's outlook. While this 8-K itself doesn't contain the detailed financial tables, it formally incorporates these crucial documents, making them readily accessible for analysis of NVIDIA's recent performance and future expectations.
NVIDIA CORP Quarterly Report for Q3 Ended Oct 30, 2022
NVIDIA Corporation's 10-Q filing for the period ending October 30, 2022, reveals a challenging quarter marked by a significant decline in revenue and net income compared to the prior year. Revenue dropped 17% year-over-year to $5.93 billion, while net income fell a steep 72% to $680 million. This downturn was primarily driven by a substantial decrease in the Graphics segment, down 48% year-over-year, attributed to a strategic reduction in product shipments to align channel inventory with demand amidst macroeconomic headwinds and COVID-related disruptions in China. The significant increase in inventory provisions, totaling $702 million in the quarter, also heavily impacted gross margins, which fell to 53.6% from 65.2% a year ago. Despite these headwinds, the Compute & Networking segment showed resilience, growing revenue by 27% year-over-year, driven by strong demand from cloud service providers and other vertical industries, and the initial shipments of the new H100 data center GPU. However, this growth was somewhat tempered by U.S. government export restrictions impacting sales to China, though NVIDIA has been working to mitigate this with alternative product offerings. The company continues to return capital to shareholders through share repurchases and dividends, with $8.28 billion remaining under its share repurchase authorization. Investors should closely monitor inventory levels, the impact of geopolitical and macroeconomic factors, and the performance of the Compute & Networking segment as NVIDIA navigates these complex market conditions.