Follow the numbers and the AI boom stops being a vibe. NVIDIA's own XBRL disclosures, indexed by SEC filings and tied to its SEC filings, give two clean lines: revenue and research-and-development expense, fiscal year by fiscal year.
Total revenue, as reported: $60.9 billion in FY2024 (ended January 2024), $130.5 billion in FY2025, and $215.9 billion in FY2026 (ended January 25, 2026). Those figures come straight from the structured data in the sec.gov filing, surfaced via SEC filings. Revenue did not merely rise; it more than tripled across two fiscal years.
“accelerated computing for computationally intensive workloads such as artificial intelligence, or AI, model training and inference, data analytics, scientific computing, robotics, and 3D graphics”— SEC filing (10-K) source
R&D expense over the same span: $8.7 billion, then $12.9 billion, then $18.5 billion. So spending on building the next generation of products also more than doubled — but it grew slower than revenue, which is why NVIDIA's margins held up even as the absolute R&D bill ballooned.
The most recent data point sharpens it further: in the quarter ended April 26, 2026, NVIDIA reported $81.6 billion of revenue — more than its entire FY2024 — in a single quarter, per the XBRL in its sec.gov filing. A figure that was once an annual milestone is now a quarterly run-rate.
Two honest caveats. These are total-company figures, not an AI-only carve-out — the filings bundle NVIDIA's data-center, gaming, and other lines, and the structured tags here do not split out an AI-specific number. And the comparison is fiscal-year to fiscal-year, which is the only apples-to-apples frame the disclosures support.
Strip the adjectives and the shape is plain: revenue tripled, R&D doubled, and a year's worth of old sales now arrives in a quarter. No superlative needed — the line items carry it.
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