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Leaderboards / L4 Chips / #9

NVIDIA

The dominant AI accelerator vendor — GPUs (H100/B200/GB200), NVLink, and the CUDA software stack that anchors AI training and inference.

Rank in layer

#9

Confirmed customers

Microsoft, Microsoft (Azure / OpenAI deployment)

Recent engine activity · 90 day window

Customer wins

0

Partnerships

0

Capital events

1

Hiring (60d)

0

Capital events

Funding, earnings filings, and IPO-related signals

  • earnings

    2026-08-26

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nvda:HyperscaleMember 2025-01-27 2025-07-27 0001045810 nvda:AICloudsIndustrialEnterpriseMember 2026-04-27 2026-07-26 0001045810 nvda:AICloudsIndustrialEnterpriseMember 2025-04-28 2025-07-27 0001045810 nvda:AICloudsIndustrialEnterpriseMember 2026-01-26 2026-07-26 0001045810 nvda:AICloudsIndustrialEnterpriseMember 2025-01-27 2025-07-27 0001045810 nvda:EdgeComputingMember 2026-04-27 2026-07-26 0001045810 nvda:EdgeComputingMember 2025-04-28 2025-07-27 0001045810 nvda:EdgeComputingMember 2026-01-26 2026-07-26 0001045810 nvda:EdgeComputingMember 2025-01-27 2025-07-27 0001045810 nvda:AartiShahMember 2026-04-27 2026-07-26 0001045810 nvda:AartiShahMember 2026-07-26 0001045810 nvda:TimothyS.TeterMember 2026-04-27 2026-07-26 0001045810 nvda:TimothyS.TeterMember 2026-07-26 0001045810 nvda:ColetteM.KressMember 2026-04-27 2026-07-26 0001045810 nvda:ColetteM.KressMember 2026-07-26 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 26, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 0-23985 NVIDIA CORP ORATION (Exact name of registrant as specified in its charter) Delaware 94-3177549 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 2788 San Tomas Expressway , Santa Clara , California 95051 (Address of principal executive offices) (Zip Code) ( 408 ) 486-2000 (Registrant s telephone number, including area code) N/A (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share NVDA The Nasdaq Global Select Market Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T ( 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No The number of shares of common stock, $0.001 par value, outstanding as of August 21, 2026, was 24.1 billion. NVIDIA Corporation Form 10-Q For the Quarter Ended July 26, 2026 Table of Contents Page Part I . Financial Information Item 1. Financial Statements (Unaudited) a) Condensed Consolidated Statements of Income for the three and six months ended July 26, 2026 and July 27, 2025 3 b) Condensed Consolidated Statements of Comprehensive Income for the three and six months ended July 26, 2026 and July 27, 2025 4 c) Condensed Consolidated Balance Sheets as of July 26, 2026 and January 25, 2026 5 d) Condensed Consolidated Statements of Shareholders Equity for the three and six months ended July 26, 2026 and July 27, 2025 6 e) Condensed Consolidated Statements of Cash Flows for the six months ended July 26, 2026 and July 27, 2025 8 f) Notes to Condensed Consolidated Financial Statements 9 Item 2. Management s Discussion and Analysis of Financial Condition and Results of Operations 25 Item 3. Quantitative and Qualitative Disclosures About Market Risk 33 Item 4. Controls and Procedures 33 Part II . Other Information Item 1. Legal Proceedings 34 Item 1A. Risk Factors 34 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 39 Item 5. Other Information 40 Item 6. Exhibits 42 Signature 43 Where You Can Find More Information Investors and others should note that we announce material financial information to our investors using our investor relations website, press releases, SEC filings and public conference calls and webcasts. We also use the following social media channels as a means of disclosing information about the company, our products, our planned financial and other announcements and attendance at upcoming investor and industry conferences, and other matters, and for complying with our disclosure obligations under Regulation FD: NVIDIA Corporate Blog (blogs.nvidia.com/) NVIDIA Technical Blog (developer.nvidia.com/blog/) NVIDIA LinkedIn (linkedin.com/company/nvidia) NVIDIA Facebook (facebook.com/nvidia) NVIDIA Instagram (instagram.com/nvidia) NVIDIA X (x.com/nvidia) NVIDIA Investor Relations (investor.nvidia.com) NVIDIA YouTube (youtube.com/nvidia) Jensen Huang X (x.com/JensenHuang) The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these channels, in addition to following our press releases, SEC filings and public conference calls and webcasts. This list may be updated from time to time. The information we post through these channels is not a part of this Quarterly Report on Form 10-Q. 2 Part I. Financial Information Item 1. Financial Statements (Unaudited) NVIDIA Corporation and Subsidiaries Condensed Consolidated Statements of Income (In millions, except per share data) (Unaudited) Three Months Ended Six Months Ended Jul 26, 2026 Jul 27, 2025 Jul 26, 2026 Jul 27, 2025 Revenue $ 96,221 $ 46,743 $ 177,837 $ 90,805 Cost of revenue 24,079 12,890 44,538 30,284 Gross profit 72,142 33,853 133,299 60,521 Operating expenses Research and development 7,054 4,291 13,375 8,280 Sales, general and administrative 1,354 1,122 2,654 2,163 Total operating expenses 8,408 5,413 16,029 10,443 Operating income 63,734 28,440 117,270 50,078 Other income, net 7,773 2,766 24,140 3,039 Income before income tax 71,507 31,206 141,410 53,117 Income tax expense 11,819 4,784 23,400 7,920 Net income $ 59,688 $ 26,422 $ 118,010 $ 45,197 Net income per share: Basic $ 2.47 $ 1.08 $ 4.87 $ 1.85 Diluted $ 2.46 $ 1.08 $ 4.85 $ 1.84 Weighted average shares used in per share computation: Basic 24,190 24,366 24,238 24,404 Diluted 24,285 24,532 24,338 24,571 See accompanying Notes to Condensed Consolidated Financial Statements. 3 NVIDIA Corporation and Subsidiaries Condensed Consolidated Statements of Comprehensive Income (In millions) (Unaudited) Three Months Ended Six Months Ended Jul 26, 2026 Jul 27, 2025 Jul 26, 2026 Jul 27, 2025 Net income $ 59,688 $ 26,422 $ 118,010 $ 45,197 Other comprehensive income (loss), net of tax Available-for-sale securities: Net change in unrealized gain (loss) ( 102 ) ( 52 ) ( 180 ) 87 Cash flow hedges: Net change in unrealized gain (loss) ( 60 ) 36 ( 23 ) 55 Other comprehensive income (loss), net of tax ( 162 ) ( 16 ) ( 203 ) 142 Total comprehensive income $ 59,526 $ 26,406 $ 117,807 $ 45,339 See accompanying Notes to Condensed Consolidated Financial Statements. 4 NVIDIA Corporation and Subsidiaries Condensed Consolidated Balance Sheets (In millions) (Unaudited) Jul 26, 2026 Jan 25, 2026 Assets Current assets: Cash and cash equivalents $ 22,443 $ 10,605 Marketable debt securities 34,143 39,065 Marketable equity securities 42,783 12,886 Accounts receivable, net 63,059 38,466 Inventories 31,575 21,403 Prepaid expenses and other current assets 3,409 3,180 Total current assets 197,412 125,605 Property and equipment, net 14,285 10,383 Operating lease assets 5,390 2,867 Goodwill 21,125 20,832 Intangible assets, net 2,998 3,306 Deferred income tax assets 12,159 13,258 Non-marketable securities 51,157 22,251 Other assets 15,746 8,301 Total assets $ 320,272 $ 206,803 Liabilities and Shareholders Equity Current liabilities: Accounts payable $ 15,059 $ 9,812 Accrued and other current liabilities 26,960 21,352 Short-term debt 1,000 999 Total current liabilities 43,019 32,163 Long-term debt 32,366 7,469 Long-term operating lease liabilities 4,985 2,572 Other long-term liabilities 10,918 7,306 Total liabilities 91,288 49,510 Commitments and contingencies Shareholders equity: Preferred stock Common stock 24 24 Additional paid-in capital 9,828 10,118 Accumulated other comprehensive income (loss) ( 25 ) 178 Retained earnings 219,157 146,973 Total shareholders equity 228,984 157,293 Total liabilities and shareholders equity $ 320,272 $ 206,803 See accompanying Notes to Condensed Consolidated Financial Statements. 5 NVIDIA Corporation and Subsidiaries Condensed Consolidated Statements of Shareholders Equity (Unaudited) Common Stock Outstanding Additional Paid-in Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings Total Shareholders Equity Shares Amount (In millions, except per share data) Balances as of Apr 26, 2026 24,221 $ 24 $ 10,275 $ 137 $ 185,038 $ 195,474 Net income 59,688 59,688 Other comprehensive loss ( 162 ) ( 162 ) Issuance of common stock 32 Tax withholding related to common stock ( 12 ) ( 2,402 ) ( 2,402 ) Shares repurchased ( 94 ) ( 152 ) ( 19,522 ) ( 19,674 ) Cash dividends declared and paid ($ 0.25 per common share) ( 6,047 ) ( 6,047 ) Fair value of partially vested equity awards assumed in connection with acquisitions 80 80 Stock-based compensation 2,027 2,027 Balances as of Jul 26, 2026 24,147 $ 24 $ 9,828 $ ( 25 ) $ 219,157 $ 228,984 Balances as of Apr 27, 2025 24,388 $ 24 $ 11,475 $ 186 $ 72,158 $ 83,843 Net income 26,422 26,422 Other comprehensive loss ( 16 ) ( 16 ) Issuance of common stock 39 Tax withholding related to common stock ( 13 ) ( 1,848 ) ( 1,848 ) Shares repurchased ( 67 ) ( 59 ) ( 9,599 ) ( 9,658 ) Cash dividends declared and paid ($ 0.01 per common share) ( 244 ) ( 244 ) Stock-based compensation 1,632 1,632 Balances as of Jul 27, 2025 24,347 $ 24 $ 11,200 $ 170 $ 88,737 $ 100,131 See accompanying Notes to Condensed Consolidated Financial Statements. 6 NVIDIA Corporation and Subsidiaries Condensed Consolidated Statements of Shareholders Equity (Unaudited) Common Stock Outstanding Additional Paid-in Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings Total Shareholders Equity Shares Amount (In millions, except per share data) Balances as of Jan 25, 2026 24,304 $ 24 $ 10,118 $ 178 $ 146,973 $ 157,293 Net income 118,010 118,010 Other comprehensive loss ( 203 ) ( 203 ) Issuance of common stock 69 515 515 Tax withholding related to common stock ( 23 ) ( 4,531 ) ( 4,531 ) Shares repurchased ( 203 ) ( 309 ) ( 39,536 ) ( 39,845 ) Cash dividends declared and paid ($ 0.26 per common share) ( 6,290 ) ( 6,290 ) Fair value of partially vested equity awards assumed in connection with acquisitions 80 80 Stock-based compensation 3,955 3,955 Balances as of Jul 26, 2026 24,147 $ 24 $ 9,828 $ ( 25 ) $ 219,157 $ 228,984 Balances as of Jan 26, 2025 24,477 $ 24 $ 11,237 $ 28 $ 68,038 $ 79,327 Net income 45,197 45,197 Other comprehensive income 142 142 Issuance of common stock 89 370 370 Tax withholding related to common stock ( 26 ) ( 3,380 ) ( 3,380 ) Shares repurchased ( 193 ) ( 151 ) ( 24,010 ) ( 24,161 ) Cash dividends declared and paid ($ 0.02 per common share) ( 488 ) ( 488 ) Fair value of partially vested equity awards assumed in connection with acquisitions 22 22 Stock-based compensation 3,102 3,102 Balances as of Jul 27, 2025 24,347 $ 24 $ 11,200 $ 170 $ 88,737 $ 100,131 See accompanying Notes to Condensed Consolidated Financial Statements. 7 NVIDIA Corporation and Subsidiaries Condensed Consolidated Statements of Cash Flows (In millions) (Unaudited) Six Months Ended Jul 26, 2026 Jul 27, 2025 Cash flows from operating activities: Net income $ 118,010 $ 45,197 Adjustments to reconcile net income to net cash provided by operating activities: Stock-based compensation expense 3,954 3,099 Depreciation and amortization 2,124 1,280 Deferred income taxes 982 ( 2,160 ) Gains from equity securities, net ( 23,707 ) ( 2,073 ) Other 222 ( 196 ) Changes in operating assets and liabilities, net of acquisitions: Accounts receivable ( 24,590 ) ( 4,743 ) Inventories ( 10,204 ) ( 4,880 ) Prepaid expenses and other assets ( 6,480 ) 946 Accounts payable 4,125 2,255 Accrued and other current liabilities 8,015 3,075 Other long-term liabilities 1,970 979 Net cash provided by operating activities 74,421 42,779 Cash flows from investing activities: Proceeds from sales and maturities of debt securities 26,563 6,739 Proceeds from sales of equity securities 7,241 70 Purchases of equity securities ( 42,404 ) ( 1,245 ) Purchases of debt securities ( 21,777 ) ( 14,108 ) Purchases related to property and equipment and intangible assets ( 4,434 ) ( 3,122 ) Acquisitions, net of cash acquired ( 298 ) ( 677 ) Other ( 15 ) Net cash used in investing activities ( 35,124 ) ( 12,343 ) Cash flows from financing activities: Proceeds related to issuance of debt, net of costs 24,896 Proceeds related to employee stock plans 515 370 Payments related to repurchases of common stock ( 39,044 ) ( 23,815 ) Dividends paid ( 6,290 ) ( 488 ) Payments related to employee stock plan taxes ( 4,531 ) ( 3,380 ) Groq, Inc. ( 2,944 ) Principal payments on property and equipment and intangible assets ( 92 ) ( 73 ) Other 31 Net cash used in financing activities ( 27,459 ) ( 27,386 ) Change in cash and cash equivalents 11,838 3,050 Cash and cash equivalents at beginning of period 10,605 8,589 Cash and cash equivalents at end of period $ 22,443 $ 11,639 See accompanying Notes to Condensed Consolidated Financial Statements. 8 NVIDIA Corporation and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) Note 1 - Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Securities and Exchange Commission, or SEC, Regulation S-X. The January 25, 2026, consolidated balance sheet was derived from our audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 25, 2026, as filed with the SEC, but does not include all disclosures required by U.S. GAAP. In the opinion of management, all adjustments, consisting only of normal recurring adjustments considered necessary for a fair presentation of results of operations and financial position, have been included. The results for the interim periods presented are not necessarily indicative of the results expected for any future period. The following information should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 25, 2026. Certain prior fiscal year balances have been reclassified to conform to the current period presentation. Significant Accounting Policies There have been no material changes to our significant accounting policies disclosed in Note 1 - Organization and Summary of Significant Accounting Policies, of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended January 25, 2026. Fiscal Year Fiscal year 2027 is a 53-week year, and fiscal year 2026 was a 52-week year, both ending on the last Sunday in January. The second quarters of fiscal years 2027 and 2026 were both 13-week quarters. The fourth quarter of fiscal year 2027 will be a 14-week quarter. Principles of Consolidation Our condensed consolidated financial statements include the accounts of NVIDIA Corporation and our wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from our estimates. Recently Issued Accounting Pronouncements Recent Accounting Pronouncements Not Yet Adopted In November 2024, the Financial Accounting Standards Board, or FASB, issued a new accounting standard requiring disclosures of certain additional expense information on an annual and interim basis, including, among other items, the amounts of purchases of inventory, employee compensation, depreciation, and intangible asset amortization included within each income statement expense caption, as applicable. We will adopt this standard in the fiscal year 2028 annual report. We do not expect the adoption of this standard to have a material impact on our Consolidated Financial Statements other than additional disclosures. Note 2 - Stock-Based Compensation We recognize stock-based compensation expense from grants of restricted stock units, or RSUs, performance stock units, or PSUs, and market-based PSUs, and issuances under our employee stock purchase plan, or ESPP. 9 NVIDIA Corporation and Subsidiaries Notes to Condensed Consolidated Financial Statements (Continued) (Unaudited) Condensed Consolidated Statements of Income include stock-based compensation expense as follows: Three Months Ended Six Months Ended Jul 26, 2026 Jul 27, 2025 Jul 26, 2026 Jul 27, 2025 (In millions) Cost of revenue $ 71 $ 58 $ 139 $ 123 Research and development 1,551 1,191 3,010 2,254 Sales, general and administrative 405 375 805 722 Total $ 2,027 $ 1,624 $ 3,954 $ 3,099 Equity Award Activity The following is a summary of our equity award transactions under our equity incentive plans: RSUs, PSUs and Market-based PSUs Outstanding Number of Shares Weighted Average Grant-Date Fair Value Per Share (In millions, except per share data) Balance as of Jan 25, 2026 189 $ 81.51 Granted 49 $ 183.74 Vested ( 63 ) $ 54.60 Canceled and forfeited ( 7 ) $ 102.16 Balance as of Jul 26, 2026 168 $ 120.41 As of July 26, 2026, aggregate unearned stock-based compensation expense was $ 19.4 billion, which is expected to be recognized over a weighted average period of 2.6 years for RSUs, PSUs, and market-based PSUs, and 0.9 years for ESPP. Note 3 - Net Income Per Share The following are the basic and diluted net income per share computations for the periods presented: Three Months Ended Six Months Ended Jul 26, 2026 Jul 27, 2025 Jul 26, 2026 Jul 27, 2025 (In millions, except per share data) Numerator: Net income $ 59,688 $ 26,422 $ 118,010 $ 45,197 Denominator: Basic weighted average shares 24,190 24,366 24,238 24,404 Dilutive impact of outstanding equity awards 95 166 100 167 Diluted weighted average shares 24,285 24,532 24,338 24,571 Net income per share: Basic (1) $ 2.47 $ 1.08 $ 4.87 $ 1.85 Diluted (2) $ 2.46 $ 1.08 $ 4.85 $ 1.84 Anti-dilutive equity awards excluded from diluted net income per share 7 3 52 60 (1) Net income divided by basic weighted average shares. (2) Net income divided by diluted weighted average shares. Diluted net income per share was computed using the weighted average number of common and potentially dilutive shares outstanding during the period, using the treasury stock method. 10 NVIDIA Corporation and Subsidiaries Notes to Condensed Consolidated Financial Statements (Continued) (Unaudited) Note 4 - Intangible Assets and Goodwill The components of our intangible assets are as follows: Jul 26, 2026 Jan 25, 2026 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) Acquisition-related intangible assets $ 5,737 $ ( 2,974 ) $ 2,763 $ 5,656 $ ( 2,580 ) $ 3,076 Patents and licensed technology 557 ( 322 ) 235 528 ( 298 ) 230 Total intangible assets $ 6,294 $ ( 3,296 ) $ 2,998 $ 6,184 $ ( 2,878 ) $ 3,306 Amortization expense associated with intangible assets was $ 237 million and $ 84 million for the second quarter, and $ 470 million and $ 243 million for the first half, of fiscal years 2027 and 2026, respectively. The following table outlines the estimated future amortization expense related to the net carrying amount of intangible assets as of July 26, 2026: Future Amortization Expense (In millions) Fiscal Year: 2027 (the second half of fiscal year 2027) $ 482 2028 795 2029 642 2030 528 2031 468 2032 and thereafter 83 Total $ 2,998 In the first half of fiscal year 2027, goodwill increased by $ 293 million, which was allocated to our Compute Networking reporting unit. 11 NVIDIA Corporation and Subsidiaries Notes to Condensed Consolidated Financial Statements (Continued) (Unaudited) +42.8+Note 5 - Cash Equivalents and Marketable Securities Cash equivalents and marketable securities including debt and equity securities are measured at fair value using quoted prices in active markets for identical assets (Level 1) or for similar assets or use of other observable inputs (Level 2). The following is a summary of cash equivalents and marketable securities: Jul 26, 2026 Pricing Category Cost or Amortized Cost Unrealized Gain Unrealized Loss Estimated Fair Value Reported as Cash Equivalents Marketable Debt Securities Marketable Equity Securities Other Assets (In millions) Debt securities issued by the U.S. Treasury Level 2 $ 45,367 $ 8 $ ( 54 ) $ 45,321 $ 12,318 $ 33,003 $ $ Debt securities issued by U.S. government agencies Level 2 1,541 ( 2 ) 1,539 399 1,140 Money market funds Level 1 8,633 8,633 8,633 Publicly-held equity securities (1) (2) Level 1 36,934 31,977 4,957 Publicly-held equity securities (1) (3) Level 2 10,806 10,806 Total $ 55,541 $ 8 $ ( 56 ) $ 103,233 $ 21,350 $ 34,143 $ 42,783 $ 4,957 (1) Included $ 36.9 billion of investments that are subject to short-term lock-up restrictions on the ability to sell. (2) The long-term portion of publicly-held equity securities, which are subject to lock-up restrictions through December 2027 of $ 5.0 billion as of July 26, 2026, was included in Other assets. (3) Included investments in unregistered warrants and preferred stock convertible to common stock in public companies. Publicly-held equity securities are subject to market price volatility. Net unrealized gains on investments in publicly-held equity securities held at period end were $ 1.5 billion and $ 12.5 billion for the second quarter and first half of fiscal year 2027, respectively. Net unrealized gains on investments in publicly-held equity securities held at period end were $ 1.9 billion and $ 1.7 billion for the second quarter and first half of fiscal year 2026, respectively. 12 NVIDIA Corporation and Subsidiaries Notes to Condensed Consolidated Financial Statements (Continued) (Unaudited) Jan 25, 2026 Pricing Category Cost or Amortized Cost Unrealized Gain Unrealized Loss Estimated Fair Value Reported as Cash Equivalents Marketable Debt Securities Marketable Equity Securities Other Assets (In millions) Debt securities issued by the U.S. Treasury Level 2 $ 21,635 $ 77 $ ( 3 ) $ 21,709 $ $ 21,709 $ $ Corporate debt securities Level 2 15,410 92 ( 3 ) 15,499 345 15,154 Debt securities issued by U.S. government agencies Level 2 2,157 4 2,161 2,161 Certificates of deposit Level 2 110 110 110 Foreign government bonds Level 2 40 1 41 41 Money market funds Level 1 7,830 7,830 7,830 Publicly-held equity securities (1) (2) Level 1 17,726 12,886 4,840 Total $ 47,182 $ 174 $ ( 6 ) $ 65,076 $ 8,285 $ 39,065 $ 12,886 $ 4,840 (1) Included $ 10.5 billion of investments that are subject t

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Product launches

76 launches in window

  • HuggingFace model: nvidia/DeepSeek-V4-Pro-0813-nvfp4-DSpark

    2026-09-09

    huggingface-model

    huggingface.co
  • HuggingFace model: nvidia/Qwen3.8-27B-NVFP4

    2026-09-04

    huggingface-model

    huggingface.co
  • HuggingFace dataset: nvidia/Nemotron-Math-Proofs-v3-RL

    2026-09-03

    huggingface-dataset

    huggingface.co
  • HuggingFace dataset: nvidia/Nemotron-IMO-Bench

    2026-09-03

    huggingface-dataset

    huggingface.co
  • HuggingFace dataset: nvidia/Nemotron-Math-Proofs-v3-SFT

    2026-09-03

    huggingface-dataset

    huggingface.co
  • HuggingFace model: nvidia/Nemotron-3-Labs-Ultra-Math-SFT

    2026-09-02

    huggingface-model

    huggingface.co
  • HuggingFace model: nvidia/GLM-5.3-Flash-NVFP4

    2026-09-02

    huggingface-model

    huggingface.co
  • HuggingFace model: nvidia/Nemotron-3-Labs-Ultra-Math-RL

    2026-09-02

    huggingface-model

    huggingface.co

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Leaderboard updated 2026-06-12 · Methodology