16 Nvidia Statistics You Need to See: Revenue, Employee, Net income and More

NVIDIA, a leading technology company renowned for its contributions to the world of visual computing and GPU innovation, boasts an array of compelling statistics that showcase its financial performance, market dominance, and commitment to research and development. From revenue figures to market share dynamics, these statistics offer valuable insights into Nvidia’s position in the technology industry.

Nvidia Statistics At A Glance

  • Nvidia’s net income in 2022 was $4.4 billion
  • Nvidia generated $1,029,699 per employee
  • Nvidia had 26,196 employees as of March 2023, with 19,532 working in research and development
  • In fiscal 2023, Nvidia’s revenue from its Graphics business segment amounted to $11.9 billion
  • Nvidia has 2.47 billion shares outstanding as of June 2023
  • Nvidia’s market cap or net worth is $1.02 trillion, and the enterprise value is $1.01 trillion
  • The next confirmed earnings date for Nvidia is Wednesday, August 23, 2023
  • The stock price of Nvidia has increased by +157.27% in the last 52 weeks, and the beta is 1.75
  • Nvidia’s gross margin for the trailing twelve months (ttm) was 64.62%, and the operating margin (ttm) was 33.04%
  • In fiscal 2023, Nvidia generated just under $13 billion in Taiwan
  • Nvidia’s revenue for the second quarter ended July 30, 2023, was $13.51 billion, up 88% from Q1 and up 101% from a year 
  • Nvidia’s revenue for the Data Center business segment in the first quarter of fiscal 2024 was a record $4.28 billion, up 14% from a year ago and up 18% from the previous quarter
  • Nvidia’s diluted earnings per share for the first quarter ended April 30, 2023, was $1.09, up 24% from the previous quarter and down 20% from a year ago
  • Nvidia’s return on capital (ROIC) was 13.00%, and the revenue per employee was $987,861
  • The number of Nvidia’s shares outstanding has decreased by -0.68% in one year
  • Nvidia’s effective tax rate was -4.54%
  • The 50-day moving average of Nvidia’s stock price was $340.90, and the 200-day moving average was $297.47

Sources: Stastista.com, Wallstreetzen.com, Nivida.com, stockanalysis.com, Forbes.com

Nvidia Revenue Statistics

Their financial performance in recent years showcases a generally upward trajectory in revenue. In the 2023 fiscal year, Nvidia posted an annual revenue of $26.974 billion, marking a modest increase from the $26.91 billion in 2022. Over the twelve months ending July 31, 2023, Nvidia’s revenue reached $32.681 billion, representing a 9.9% year-over-year growth.

Despite this annual rise, there was a noticeable decline in the quarterly revenue for the period ending July 30, 2023, which stood at $7.19 billion—a 13.22% decrease compared to the previous year. However, this was still a 19% jump from the preceding quarter. For comparison, in Q3 of FY 2022, the revenue was $7.1 billion, signifying a substantial 50.3% YoY growth. Furthermore, the quarterly revenue as of July 31, 2023, was notably high at $13.51 billion. As the data illustrates, Nvidia’s revenue has seen growth over the years, interspersed with occasional fluctuations.

Nvidia revenue per employee

As of 2023, NVIDIA generated $1,029,699 per employee. However, this value is expected to dwindle to about $998.5K. On a trailing twelve months basis, NVIDIA’s revenue per employee grew to $1,451,564. According to Zippia, NVIDIA’s revenue per employee ratio is $1,490,276.

Nvidia net income statistics

Nvidia’s net income has shown noticeable fluctuations in recent years, as depicted by the financial data. In the 2023 fiscal year, the company reported a net income of $4.37 billion, which marked a substantial decrease from the $9.75 billion recorded in the prior year. This significant decline in annual net income for 2023, amounting to a 55.21% drop from 2022, reflects the variance in their financial performance.

However, there were positive signs as well, particularly in the quarter ending July 31, 2023, where Nvidia’s net income reached $2.043 billion, reflecting a robust 26.27% year-over-year increase. This suggests that while annual figures may have experienced a dip, Nvidia was able to rebound with improved quarterly performance. Overall, Nvidia’s net income statistics indicate a dynamic financial landscape for the company.

Nvidia Research and Development Statistics

Nvidia’s commitment to innovation and staying at the forefront of the technology industry is evident through its substantial investments in research and development (R&D). In their 2023 fiscal year, Nvidia allocated a remarkable $7.34 billion to R&D, representing a remarkable 39.31% increase from the previous year. This trend of escalating R&D expenses has been consistent over the years, with annual expenses for 2022 reaching $5.268 billion, reflecting a 34.25% increase from 2021, and expenses for 2021 amounting to $3.924 billion, a 38.71% surge from 2020.

The quarter ending April 30, 2023, also saw a notable increase in R&D investment, totaling $1.875 billion, a 15.88% year-over-year rise, with the twelve-month figure for the same period reaching $7.596 billion, marking a 32.5% increase year-over-year. Nvidia’s unwavering commitment to R&D showcases its determination to maintain its position as a technological leader, driving innovation and advancements in the industry.

Nvidia employee number Statistics

Nvidia’s employee count has exhibited a notable upward trend in recent years, reflecting the company’s growth and expansion. In their 2023 fiscal year, Nvidia reported a workforce of 26,196 employees, indicating an increase from the 22,473 employees recorded in the previous year.

This growth is part of a broader pattern, with figures showing that as of December 2020, Nvidia had 13,780 employees, which already marked a substantial increase from the 13,277 employees in January 2019. The latter period saw a 15.17% growth rate, with an addition of 1,749 employees compared to the preceding year. With the most recent data pointing to a workforce of 26.2K people, it’s clear that Nvidia has been steadily expanding its employee base to meet the demands of its thriving business and maintain its position in the technology industry.

Nvidia market share statistics

Nvidia’s dominance in the GPU market is evident in its substantial market share, standing at an impressive 82% as of 2023. Over the years, Nvidia has consistently maintained a strong foothold in the industry, despite facing competition from Intel and AMD. In Q2 2022, Nvidia further solidified its position by increasing its add-in-board market share to 79% of the discrete GPU market, showcasing growth from 75% in Q1 2022 and a slight dip from 80% in Q2 2021.

AMD, on the other hand, experienced fluctuations, with its market share decreasing to 20% in Q2 2022, down from 24% in Q1 2022 but aligning with its share in Q2 2021. While Nvidia has faced some ups and downs, the company’s strong market share in the gaming-chip segment, reaching 83% in March 2023 according to Steam data, underscores its continued leadership. However, when considering a broader perspective that includes other GPUs, Nvidia’s market share is at 20%, highlighting the competitive landscape beyond discrete GPUs.

Nvidia sales statistics

Nvidia’s sales performance demonstrates a consistent upward trajectory over the years, with a notable surge in 2023 compared to the previous year. In their 2023 fiscal year, Nvidia reported revenues of $26.97 billion, showing an incremental increase from the $26.91 billion recorded in 2022. The twelve-month revenue ending July 31, 2023, reached $32.681 billion, marking a substantial 9.9% year-over-year growth.

The company’s revenue composition also highlights their diverse revenue streams, with $9 billion generated from gaming and $15 billion from data centers. Additionally, a significant portion of Nvidia’s total revenue, just under $13 billion, originated from Taiwan and China. While there was a decline in revenue for the quarter ending April 30, 2023, down 13.22% year-over-year, the overall trend suggests that Nvidia’s sales are on an upward trajectory, bolstered by their strong presence in both gaming and data center segments.