NVIDIA CORP, 10-Q filed on 5/20/2026
Quarterly Report
v3.26.1
Cover - shares
shares in Billions
 3 Months Ended
Apr. 26, 2026
May 15, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Apr. 26, 2026  
Document Transition Report false  
Entity File Number 0-23985  
Entity Registrant Name NVIDIA CORP  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 94-3177549  
Entity Address, Address Line One 2788 San Tomas Expressway  
Entity Address, City or Town Santa Clara  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 95051  
City Area Code 408  
Local Phone Number 486-2000  
Title of 12(b) Security Common Stock, $0.001 par value per share  
Trading Symbol NVDA  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   24.2
Entity Central Index Key 0001045810  
Current Fiscal Year End Date --01-31  
Document Fiscal Year Focus 2027  
Document Fiscal Period Focus Q1  
Amendment Flag false  
v3.26.1
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Income Statement [Abstract]    
Revenue $ 81,615 $ 44,062
Cost of revenue 20,458 17,394
Gross profit 61,157 26,668
Operating expenses    
Research and development 6,321 3,989
Sales, general and administrative 1,300 1,041
Total operating expenses 7,621 5,030
Operating income 53,536 21,638
Interest income 540 515
Interest expense (102) (63)
Other income (expense), net 15,929 (180)
Total other income, net 16,367 272
Income before income tax 69,903 21,910
Income tax expense 11,582 3,135
Net income $ 58,321 $ 18,775
Net income per share:    
Basic (in dollars per share) $ 2.40 $ 0.77
Diluted (in dollars per share) $ 2.39 $ 0.76
Weighted average shares used in per share computation:    
Basic (in shares) 24,286 24,441
Diluted (in shares) 24,391 24,611
v3.26.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Statement of Comprehensive Income [Abstract]    
Net income $ 58,321 $ 18,775
Available-for-sale securities:    
Net change in unrealized gain (loss) (78) 139
Cash flow hedges:    
Net change in unrealized gain 37 19
Other comprehensive income (loss), net of tax (41) 158
Total comprehensive income $ 58,280 $ 18,933
v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Current assets:    
Cash and cash equivalents $ 13,237 $ 10,605
Marketable debt securities 37,098 39,065
Marketable equity securities 30,237 12,886
Accounts receivable, net 40,710 38,466
Inventories 25,797 21,403
Prepaid expenses and other current assets 3,916 3,180
Total current assets 150,995 125,605
Property and equipment, net 12,403 10,383
Operating lease assets 4,258 2,867
Goodwill 20,894 20,832
Intangible assets, net 3,120 3,306
Deferred income tax assets 11,707 13,258
Non-marketable securities 43,364 22,251
Other assets 12,733 8,301
Total assets 259,474 206,803
Current liabilities:    
Accounts payable 13,097 9,812
Accrued and other current liabilities 29,787 21,352
Short-term debt 1,000 999
Total current liabilities 43,884 32,163
Long-term debt 7,470 7,469
Long-term operating lease liabilities 3,878 2,572
Other long-term liabilities 8,768 7,306
Total liabilities 64,000 49,510
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0 0
Common stock 24 24
Additional paid-in capital 10,275 10,118
Accumulated other comprehensive income 137 178
Retained earnings 185,038 146,973
Total shareholders’ equity 195,474 157,293
Total liabilities and shareholders’ equity $ 259,474 $ 206,803
v3.26.1
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock Outstanding
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Retained Earnings
Beginning balance (in shares) at Jan. 26, 2025   24,477      
Beginning balance at Jan. 26, 2025 $ 79,327 $ 24 $ 11,237 $ 28 $ 68,038
Increase (Decrease) in Shareholders' Equity          
Net income 18,775       18,775
Other comprehensive income (Loss) 158     158  
Issuance of common stock (in shares)   50      
Issuance of common stock 370   370    
Tax withholding related to common stock from stock plans (in shares)   (13)      
Tax withholding related to common stock $ (1,532)   (1,532)    
Shares repurchased (in shares) (126) (126)      
Shares repurchased $ (14,503)   (92)   (14,411)
Cash dividends declared and paid (244)       (244)
Fair value of partially vested equity awards assumed in connection with acquisitions 22   22    
Stock-based compensation 1,470   1,470    
Ending balance (in shares) at Apr. 27, 2025   24,388      
Ending balance at Apr. 27, 2025 83,843 $ 24 11,475 186 72,158
Beginning balance (in shares) at Jan. 25, 2026   24,304      
Beginning balance at Jan. 25, 2026 157,293 $ 24 10,118 178 146,973
Increase (Decrease) in Shareholders' Equity          
Net income 58,321       58,321
Other comprehensive income (Loss) (41)     (41)  
Issuance of common stock (in shares)   37      
Issuance of common stock 515   515    
Tax withholding related to common stock from stock plans (in shares)   (12)      
Tax withholding related to common stock $ (2,129)   (2,129)    
Shares repurchased (in shares) (108) (108)      
Shares repurchased $ (20,170)   (157)   (20,013)
Cash dividends declared and paid (243)       (243)
Stock-based compensation 1,928   1,928    
Ending balance (in shares) at Apr. 26, 2026   24,221      
Ending balance at Apr. 26, 2026 $ 195,474 $ 24 $ 10,275 $ 137 $ 185,038
v3.26.1
Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Statement of Stockholders' Equity [Abstract]    
Common stock, dividends per share, declared and paid (in dollars per share) $ 0.01 $ 0.01
v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Cash flows from operating activities:    
Net income $ 58,321 $ 18,775
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 1,928 1,474
Deferred income taxes 1,584 (2,177)
Depreciation and amortization 997 611
(Gains) losses from equity securities, net (15,936) 175
Other (94) (98)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (2,243) 933
Inventories (4,420) (1,258)
Prepaid expenses and other assets (983) 560
Accounts payable 2,210 941
Accrued and other current liabilities 7,763 7,128
Other long-term liabilities 1,217 350
Net cash provided by operating activities 50,344 27,414
Cash flows from investing activities:    
Proceeds from maturities of marketable debt securities 1,946 3,122
Proceeds from sales of non-marketable securities 26 0
Proceeds from sales of marketable debt securities 25 467
Purchases of non-marketable securities (18,582) (649)
Purchases of marketable debt and equity securities (8,000) (6,546)
Purchases related to property and equipment and intangible assets (1,757) (1,227)
Acquisitions, net of cash acquired (87) (383)
Net cash used in investing activities (26,429) (5,216)
Cash flows from financing activities:    
Proceeds related to employee stock plans 515 370
Payments related to repurchases of common stock (19,312) (14,095)
Payments related to employee stock plan taxes (2,129) (1,532)
Dividends paid (243) (244)
Principal payments on property and equipment and intangible assets (33) (52)
Other (81) 0
Net cash used in financing activities (21,283) (15,553)
Change in cash and cash equivalents 2,632 6,645
Cash and cash equivalents at beginning of period 10,605 8,589
Cash and cash equivalents at end of period $ 13,237 $ 15,234
v3.26.1
Summary of Significant Accounting Policies
 3 Months Ended
Apr. 26, 2026
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies 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 first 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.
v3.26.1
Stock-Based Compensation
 3 Months Ended
Apr. 26, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation 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.
Condensed Consolidated Statements of Income include stock-based compensation expense as follows:
 Three Months Ended
 Apr 26, 2026Apr 27, 2025
(In millions)
Cost of revenue$68 $64 
Research and development1,459 1,063 
Sales, general and administrative401 347 
Total$1,928 $1,474 
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 SharesWeighted Average Grant-Date Fair Value Per Share
(In millions, except per share data)
Balance as of Jan 25, 2026
189 $81.51 
Granted44 $181.73 
Vested(31)$48.04 
Canceled and forfeited(2)$95.82 
Balance as of Apr 26, 2026
200 $108.92 
As of April 26, 2026, aggregate unearned stock-based compensation expense was $20.8 billion, which is expected to be recognized over a weighted average period of 2.6 years for RSUs, PSUs, and market-based PSUs, and one year for ESPP.
v3.26.1
Net Income Per Share
 3 Months Ended
Apr. 26, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following is the basic and diluted net income per share computations for the periods presented:
 Three Months Ended
Apr 26, 2026Apr 27, 2025
 (In millions, except per share data)
Numerator:  
Net income$58,321 $18,775 
Denominator:
Basic weighted average shares24,286 24,441 
Dilutive impact of outstanding equity awards105 170 
Diluted weighted average shares24,391 24,611 
Net income per share:
Basic (1)$2.40 $0.77 
Diluted (2)$2.39 $0.76 
Anti-dilutive equity awards excluded from diluted net income per share47 62 
(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.
v3.26.1
Amortizable Intangible Assets and Goodwill
 3 Months Ended
Apr. 26, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets and Goodwill Amortizable Intangible Assets and Goodwill
The components of our amortizable intangible assets are as follows:
 Apr 26, 2026Jan 25, 2026
 Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
 (In millions)
Acquisition-related intangible assets$5,658 $(2,759)$2,899 $5,656 $(2,580)$3,076 
Patents and licensed technology525 (304)221 528 (298)230 
Total intangible assets$6,183 $(3,063)$3,120 $6,184 $(2,878)$3,306 
Amortization expense associated with intangible assets was $232 million and $159 million for the first quarter 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 April 26, 2026:
Future Amortization Expense
 (In millions)
Fiscal Year: 
2027 (excluding the first quarter of fiscal year 2027)
$689 
2028754 
2029610 
2030516 
2031468 
2032 and thereafter83 
Total$3,120 
In the first quarter of fiscal year 2027, goodwill increased by $62 million from acquisitions and was allocated to our Compute & Networking reporting unit.
v3.26.1
Cash Equivalents and Marketable Securities
 3 Months Ended
Apr. 26, 2026
Investments, Debt and Equity Securities [Abstract]  
Cash Equivalents and Marketable Securities 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:
 Apr 26, 2026
Pricing CategoryCost or Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Debt SecuritiesMarketable Equity SecuritiesOther Assets
 (In millions)
Debt securities issued by the U.S. TreasuryLevel 2$21,883 $43 $(8)$21,918 $470 $21,448 $— $— 
Corporate debt securitiesLevel 215,092 48 (8)15,132 1,533 13,599 — — 
Debt securities issued by U.S. government agenciesLevel 22,009 2 (1)2,010 — 2,010 — — 
Certificates of depositLevel 2132 — — 132 132 — — — 
Foreign government bondsLevel 240 1 — 41 — 41 — — 
Money market fundsLevel 110,212 — — 10,212 10,212 — — — 
Publicly-held equity securities (1) (2)Level 129,887 — — 21,023 8,864 
Publicly-held equity securities (1) (3)Level 29,214 — — 9,214 — 
Total$49,368 $94 $(17)$88,546 $12,347 $37,098 $30,237 $8,864 
(1)    The balance as of April 26, 2026 included $27.4 billion of investments, which 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 $8.9 billion as of April 26, 2026, was included in Other assets.
(3)    The publicly-held equity securities classified in Level 2 include investments in 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 $13.4 billion for the first quarter of fiscal year 2027. Net unrealized losses on investments in publicly-held equity securities held at period end were $222 million for the first quarter of fiscal year 2026. Unrealized gains and losses are recognized in Other income (expense), net, in the Condensed Consolidated Statements of Income.
 Jan 25, 2026
Pricing CategoryCost or Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Debt SecuritiesMarketable Equity SecuritiesOther Assets
 (In millions)
Debt securities issued by the U.S. TreasuryLevel 2$21,635 $77 $(3)$21,709 $— $21,709 $— $— 
Corporate debt securitiesLevel 215,410 92 (3)15,499 345 15,154 — — 
Debt securities issued by U.S. government agenciesLevel 22,157 4 — 2,161 — 2,161 — — 
Certificates of depositLevel 2110 — — 110 110 — — — 
Foreign government bondsLevel 240 1 — 41 — 41 — — 
Money market fundsLevel 17,830 — — 7,830 7,830 — — — 
Publicly-held equity securities (1) (2)Level 117,726 — — 12,886 4,840 
Total$47,182 $174 $(6)$65,076 $8,285 $39,065 $12,886 $4,840 
(1)    The balance as of January 25, 2026 included $10.5 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 $4.8 billion as of January 25, 2026, was included in Other assets.
The following table provides the breakdown of unrealized losses, aggregated by investment category and length of time that individual debt securities have been in a continuous loss position:
Apr 26, 2026Jan 25, 2026
 Less than 12 monthsLess than 12 months
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Debt securities issued by the U.S. Treasury$12,238 $(8)$10,666 $(3)
Corporate debt securities2,658 (8)1,332 (3)
Debt securities issued by U.S. government agencies1,291 (1)1,134 — 
Total$16,187 $(17)$13,132 $(6)
Gross unrealized losses are related to fixed income securities, driven primarily by changes in interest rates.
The estimated fair values of debt securities included in cash equivalents and marketable debt securities are shown below by contractual maturity.
Apr 26, 2026
(In millions)
Less than one year$24,307 
Due in 1 - 5 years14,926 
Total$39,233 
Non-marketable Securities
Non-marketable Equity Securities
Our non-marketable equity securities are primarily in privately-held companies carried at cost less impairment, and adjusted for observable price changes. We value investments using observable comparable transactions and other inputs including volatility, expected time to liquidity, the risk-free rate, and security-specific rights and obligations.
Adjustments to the carrying value of privately-held securities:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$22,251 $3,387 
Adjustments related to non-marketable equity securities:
Net additions17,899 649 
Unrealized gains (1)2,603 63 
Reclassification (2)(389)(843)
Impairments and unrealized losses(28)(16)
Balance at end of period$42,336 $3,240 
(1)    Unrealized gains are recognized in Other income (expense), net, in the Condensed Consolidated Statements of Income.
(2)    Includes primarily reclassifications to marketable securities following public market trading.
Non-marketable equity securities had cumulative gross unrealized gains of $5.3 billion and $396 million, and cumulative gross unrealized losses and impairments of $199 million and $110 million as of April 26, 2026 and April 27, 2025, respectively.
Equity Method Investments
We have $1.0 billion of investments in infrastructure funds accounted for using the equity method as of April 26, 2026. Our maximum loss exposure under these investments, including invested and future committed amounts, was $2.3 billion as of April 26, 2026.
Investment Commitments
Total Investment commitments were $27 billion as of April 26, 2026, subject to certain contingencies, which we expect will be made through the remainder of fiscal year 2027.
v3.26.1
Non-marketable Securities
 3 Months Ended
Apr. 26, 2026
Fair Value Disclosures [Abstract]  
Non-marketable Securities 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:
 Apr 26, 2026
Pricing CategoryCost or Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Debt SecuritiesMarketable Equity SecuritiesOther Assets
 (In millions)
Debt securities issued by the U.S. TreasuryLevel 2$21,883 $43 $(8)$21,918 $470 $21,448 $— $— 
Corporate debt securitiesLevel 215,092 48 (8)15,132 1,533 13,599 — — 
Debt securities issued by U.S. government agenciesLevel 22,009 2 (1)2,010 — 2,010 — — 
Certificates of depositLevel 2132 — — 132 132 — — — 
Foreign government bondsLevel 240 1 — 41 — 41 — — 
Money market fundsLevel 110,212 — — 10,212 10,212 — — — 
Publicly-held equity securities (1) (2)Level 129,887 — — 21,023 8,864 
Publicly-held equity securities (1) (3)Level 29,214 — — 9,214 — 
Total$49,368 $94 $(17)$88,546 $12,347 $37,098 $30,237 $8,864 
(1)    The balance as of April 26, 2026 included $27.4 billion of investments, which 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 $8.9 billion as of April 26, 2026, was included in Other assets.
(3)    The publicly-held equity securities classified in Level 2 include investments in 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 $13.4 billion for the first quarter of fiscal year 2027. Net unrealized losses on investments in publicly-held equity securities held at period end were $222 million for the first quarter of fiscal year 2026. Unrealized gains and losses are recognized in Other income (expense), net, in the Condensed Consolidated Statements of Income.
 Jan 25, 2026
Pricing CategoryCost or Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Debt SecuritiesMarketable Equity SecuritiesOther Assets
 (In millions)
Debt securities issued by the U.S. TreasuryLevel 2$21,635 $77 $(3)$21,709 $— $21,709 $— $— 
Corporate debt securitiesLevel 215,410 92 (3)15,499 345 15,154 — — 
Debt securities issued by U.S. government agenciesLevel 22,157 4 — 2,161 — 2,161 — — 
Certificates of depositLevel 2110 — — 110 110 — — — 
Foreign government bondsLevel 240 1 — 41 — 41 — — 
Money market fundsLevel 17,830 — — 7,830 7,830 — — — 
Publicly-held equity securities (1) (2)Level 117,726 — — 12,886 4,840 
Total$47,182 $174 $(6)$65,076 $8,285 $39,065 $12,886 $4,840 
(1)    The balance as of January 25, 2026 included $10.5 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 $4.8 billion as of January 25, 2026, was included in Other assets.
The following table provides the breakdown of unrealized losses, aggregated by investment category and length of time that individual debt securities have been in a continuous loss position:
Apr 26, 2026Jan 25, 2026
 Less than 12 monthsLess than 12 months
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Debt securities issued by the U.S. Treasury$12,238 $(8)$10,666 $(3)
Corporate debt securities2,658 (8)1,332 (3)
Debt securities issued by U.S. government agencies1,291 (1)1,134 — 
Total$16,187 $(17)$13,132 $(6)
Gross unrealized losses are related to fixed income securities, driven primarily by changes in interest rates.
The estimated fair values of debt securities included in cash equivalents and marketable debt securities are shown below by contractual maturity.
Apr 26, 2026
(In millions)
Less than one year$24,307 
Due in 1 - 5 years14,926 
Total$39,233 
Non-marketable Securities
Non-marketable Equity Securities
Our non-marketable equity securities are primarily in privately-held companies carried at cost less impairment, and adjusted for observable price changes. We value investments using observable comparable transactions and other inputs including volatility, expected time to liquidity, the risk-free rate, and security-specific rights and obligations.
Adjustments to the carrying value of privately-held securities:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$22,251 $3,387 
Adjustments related to non-marketable equity securities:
Net additions17,899 649 
Unrealized gains (1)2,603 63 
Reclassification (2)(389)(843)
Impairments and unrealized losses(28)(16)
Balance at end of period$42,336 $3,240 
(1)    Unrealized gains are recognized in Other income (expense), net, in the Condensed Consolidated Statements of Income.
(2)    Includes primarily reclassifications to marketable securities following public market trading.
Non-marketable equity securities had cumulative gross unrealized gains of $5.3 billion and $396 million, and cumulative gross unrealized losses and impairments of $199 million and $110 million as of April 26, 2026 and April 27, 2025, respectively.
Equity Method Investments
We have $1.0 billion of investments in infrastructure funds accounted for using the equity method as of April 26, 2026. Our maximum loss exposure under these investments, including invested and future committed amounts, was $2.3 billion as of April 26, 2026.
Investment Commitments
Total Investment commitments were $27 billion as of April 26, 2026, subject to certain contingencies, which we expect will be made through the remainder of fiscal year 2027.
v3.26.1
Balance Sheet Components
 3 Months Ended
Apr. 26, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
We refer to customers who purchase products directly from NVIDIA as direct customers, such as add-in board manufacturers, or AIBs, distributors, original design manufacturers, or ODMs, original equipment manufacturers, or OEMs, cloud service providers, or CSPs, AI model makers, and system integrators. Certain direct customers may use either internal resources or third-party system integrators to complete their build. Three direct customers accounted for 30%, 18%, and 16% of our accounts receivable balance as of April 26, 2026. Three direct customers accounted for 25%, 18%, and 13% of our accounts receivable balance as of January 25, 2026.
Certain balance sheet components were as follows:
 Apr 26, 2026Jan 25, 2026
Inventories:(In millions)
Raw materials$6,647 $3,807 
Work in process9,949 8,822 
Finished goods9,201 8,774 
Total inventories (1)$25,797 $21,403 
(1)    We recorded inventory provisions of $0.8 billion and $2.3 billion for the first quarter of fiscal years 2027 and 2026, respectively, in Cost of revenue.
Property and Equipment:
Property, equipment and intangible assets acquired but not paid for the first quarter of fiscal years 2027 and 2026 were $1.1 billion and $408 million, respectively.
 Apr 26, 2026Jan 25, 2026
Accrued and Other Current Liabilities:(In millions)
Taxes payable
$10,638 $2,669 
Customer program accruals4,182 5,318 
Accrued purchase consideration (1)
3,957 3,921 
Excess inventory purchase obligations (2)
3,121 2,739 
Product warranty
2,948 2,807 
Deferred revenue (3)
1,714 1,379 
Accrued payroll and related expenses1,033 1,146 
Other2,194 1,373 
Total accrued and other current liabilities$29,787 $21,352 
(1)    Related to the Groq, Inc. non-exclusive license agreement.
(2)    We recorded $0.3 billion and $3.0 billion for the first quarter of fiscal years 2027 and 2026, respectively, in Cost of revenue.
(3)    Includes customer advances and unearned revenue related to hardware and software support, cloud services, and license and development arrangements. The balance as of April 26, 2026 and January 25, 2026 included $297 million and $160 million of customer advances, respectively.
 Apr 26, 2026Jan 25, 2026
Other Long-Term Liabilities:(In millions)
Income tax payable (1)$4,830 $3,958 
Deferred income tax1,798 1,774 
Deferred revenue (2)1,403 1,193 
Other737 381 
Total other long-term liabilities$8,768 $7,306 
(1)    Primarily comprised of unrecognized tax benefits and related interest and penalties.
(2)    Includes unearned revenue related to hardware and software support and cloud services.
Deferred Revenue
The following table shows the changes in short- and long-term deferred revenue during the first quarter of fiscal years 2027 and 2026:
Three Months Ended
 Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$2,572 $1,813 
Deferred revenue additions (1)2,530 6,493 
Revenue recognized (2)(1,985)(6,228)
Balance at end of period$3,117 $2,078 
(1)    Includes $1.7 billion and $6.2 billion of customer advances for the first quarter of fiscal years 2027 and 2026, respectively.
(2)    Includes $1.6 billion and $6.0 billion related to customer advances for the first quarter of fiscal years 2027 and 2026, respectively.
We recognized revenue of $451 million and $265 million in the first quarter of fiscal years 2027 and 2026, respectively, that was included in the prior year-end deferred revenue balance.
As of April 26, 2026, revenue related to remaining performance obligations from contracts greater than one year in length was $2.6 billion, which includes $2.3 billion from deferred revenue and $304 million, which has not yet been billed or
recognized as revenue. Approximately 40% of revenue from contracts greater than one year in length will be recognized over the next twelve months.
v3.26.1
Derivative Financial Instruments
 3 Months Ended
Apr. 26, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments Derivative Financial Instruments
Foreign Currency Derivatives
We primarily utilize foreign currency forward contracts to mitigate the impact of foreign currency exchange rate movements on our operating expenses. These foreign currency forward contracts for operating expenses are designated as accounting hedges. Gains or losses on the contracts are recorded in Accumulated other comprehensive income or loss and reclassified to Operating expenses when the related operating expenses are recognized in earnings. During the first quarter of fiscal years 2027 and 2026, the impact of foreign currency forward contracts designated as accounting hedges on other comprehensive income or loss was not significant and all such instruments were determined to be highly effective.
We also entered into foreign currency forward contracts to mitigate the impact of foreign currency movements on monetary assets and liabilities. For our foreign currency contracts for assets and liabilities, the change in fair value of these non-designated contracts was recorded in Other income or expense and offsets the change in fair value of the hedged foreign currency denominated monetary assets and liabilities, which was also recorded in Other income (expense), net.
The table below presents the notional value of our foreign currency contracts outstanding:
 Apr 26, 2026Jan 25, 2026
(In millions)
Designated as accounting hedges$2,114 $1,765 
Not designated as accounting hedges$1,850 $2,332 
The fair values of our foreign currency contracts were not significant as of April 26, 2026 and January 25, 2026.
As of April 26, 2026, all foreign currency contracts mature within 18 months. The expected realized gains and losses deferred into Accumulated other comprehensive income or loss related to foreign currency forward contracts within the next twelve months were not significant.
Facility Lease Guarantee
In fiscal year 2026, we entered into agreements to guarantee partners’ facility lease obligations in the event of their default in exchange for warrants. The maximum gross exposure under all agreements is $3.5 billion, which is reduced as the partners make payments to the lessors over terms ranging from 5 to 7 years. The partners have placed $712 million in escrow to mitigate our potential exposure. The guarantees, classified as credit derivatives with changes in fair value recognized in Other income (expense), net, were not material.
v3.26.1
Debt
 3 Months Ended
Apr. 26, 2026
Debt Disclosure [Abstract]  
Debt Debt
Expected
Remaining Term (years)		Effective
Interest Rate
Apr 26, 2026Jan 25, 2026
(In millions)
3.20% Notes Due 2026
0.43.31%$1,000 $1,000 
1.55% Notes Due 2028
2.11.64%1,250 1,250 
2.85% Notes Due 2030
3.92.93%1,500 1,500 
2.00% Notes Due 2031
5.12.09%1,250 1,250 
3.50% Notes Due 2040
13.93.54%1,000 1,000 
3.50% Notes Due 2050
23.93.54%2,000 2,000 
3.70% Notes Due 2060
34.03.73%500 500 
Unamortized debt discount and issuance costs(30)(32)
Net carrying amount
$8,470 $8,468 
Less short-term portion(1,000)(999)
Total long-term portion$7,470 $7,469 
As of April 26, 2026 and January 25, 2026, the estimated fair value of debt was $7.4 billion and $7.5 billion, respectively. The estimated fair values are based on Level 2 inputs.
Our notes are unsecured senior obligations. Existing and future liabilities of our subsidiaries will be effectively senior to the notes. Our notes pay interest semi-annually. We may redeem each of our notes prior to maturity, subject to a make-whole premium. The maturity dates of the notes are stated by calendar year.
As of April 26, 2026, we complied with the required covenants, which are non-financial in nature, under the outstanding notes.
As of April 26, 2026, our commercial paper program had a capacity of $25.0 billion, with no amounts outstanding.
v3.26.1
Commitments and Contingencies
 3 Months Ended
Apr. 26, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Commitments
Manufacturing, supply, and capacity commitments reflect data center-scale production and longer future ordering horizons across current and future product architectures. We enter into agreements with our supply vendors that allow them to procure inventory based upon our defined criteria, and in certain instances, these agreements are cancellable, able to be rescheduled, or adjustable for our business needs prior to placing firm orders. Changes to these agreements may result in additional costs. As of April 26, 2026, these commitments were $119 billion for which $95 billion will be paid in the remainder of fiscal year 2027 and the remaining balance will be paid in fiscal years 2028 through 2031.
Multi-year cloud service agreement commitments as of April 26, 2026, were $30 billion for which $6 billion, $7 billion, $7 billion, $5 billion, $3 billion, and $2 billion will be paid in the remainder of fiscal year 2027, each fiscal year from 2028 through 2031, and fiscal year 2032 and thereafter, respectively. Cloud service capacity may be reduced or terminated. Cloud service agreements will be primarily used to support our research and development efforts.
Other vendor commitments were $6 billion as of April 26, 2026, of which the majority will be paid through fiscal year 2027.
Accrual for Product Warranty Liabilities
The estimated amount of product warranty liabilities was $2.9 billion and $2.8 billion as of April 26, 2026 and January 25, 2026, respectively. The estimated product returns and product warranty activity consisted of the following:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$2,807 $1,290 
Additions330 870 
Utilization(189)(80)
Balance at end of period$2,948 $2,080 
For the first quarter of fiscal years 2027 and 2026, the additions in product warranty liabilities primarily related to our Compute & Networking segment.
We have provided indemnities for matters such as tax, product, and employee liabilities. We have included intellectual property indemnification provisions in our technology-related agreements with third parties. Maximum potential future payments cannot be estimated because many of these agreements do not have a maximum stated liability. We have not recorded any liability in our Condensed Consolidated Financial Statements for such indemnifications.
Litigation
Securities Class Action and Derivative Lawsuits
The plaintiffs in the putative securities class action lawsuit, captioned 4:18-cv-07669-HSG, initially filed on December 21, 2018 in the United States District Court for the Northern District of California, and titled In Re NVIDIA Corporation Securities Litigation, filed an amended complaint on May 13, 2020. The amended complaint asserted that NVIDIA and certain NVIDIA executives violated Section 10(b) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and SEC Rule 10b-5, by making materially false or misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand between May 10, 2017 and November 14, 2018. Plaintiffs also alleged that the NVIDIA executives who they named as defendants violated Section 20(a) of the Exchange Act. Plaintiffs sought class certification, an award of unspecified compensatory damages, an award of reasonable costs and expenses, including attorneys’ fees and expert fees, and further relief as the Court may deem just and proper. On March 2, 2021, the district court granted NVIDIA’s motion to dismiss the complaint without leave to amend, entered judgment in favor of NVIDIA and closed the case. On March 30, 2021, plaintiffs filed an appeal from judgment in the United States Court of Appeals for the Ninth Circuit, case number 21-15604. On August 25, 2023, a majority of a three-judge Ninth Circuit panel affirmed in part and reversed in part the district court’s dismissal of the case, with a third judge dissenting on the basis that the district court did not err in dismissing the case. NVIDIA filed a petition for a writ of certiorari on March 4, 2024. On June 17, 2024, the Supreme Court of the United States granted NVIDIA’s petition for a writ of certiorari. After briefing and argument, the Supreme Court dismissed NVIDIA’s writ of certiorari as improvidently granted on December 11, 2024, and issued judgment on January 13, 2025. On February 20, 2025, the Ninth Circuit’s judgment, entered August 25, 2023 and corrected August 28, 2023, took effect, and the case was remanded to the district court for further proceedings. On March 25, 2026, the district court granted plaintiffs’ motion for class certification and certified a class of investors consisting of all persons or entities who purchased or otherwise acquired NVIDIA common stock between August 10, 2017, and November 15, 2018, inclusive, excluding certain persons and entities, such as NVIDIA’s officers and directors, and members of their immediate families, among others. On April 8, 2026, NVIDIA filed a petition with the Ninth Circuit for permission to appeal the district court’s order pursuant to Federal Rule of Civil Procedure 23(f).
The putative derivative lawsuit pending in the United States District Court for the Northern District of California, captioned 4:19-cv-00341-HSG, initially filed January 18, 2019 and titled In re NVIDIA Corporation Consolidated Derivative Litigation, was stayed pending resolution of the plaintiffs’ appeal in the In Re NVIDIA Corporation Securities Litigation action. On February 22, 2022, the court administratively closed the case, but stated that it would reopen the case once the appeal in the In Re NVIDIA Corporation Securities Litigation action is resolved. The case has not yet been reopened by the court. The lawsuit asserts claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty, unjust enrichment, waste of corporate assets, and violations of Sections 14(a), 10(b), and 20(a) of the Exchange Act based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs are seeking unspecified damages and other relief, including reforms and improvements to NVIDIA’s corporate governance and internal procedures.
The putative derivative actions initially filed September 24, 2019 and pending in the United States District Court for the District of Delaware, Lipchitz v. Huang, et al. (Case No. 1:19-cv-01795-MN) and Nelson v. Huang, et. al. (Case No. 1:19-
cv-01798-MN), were stayed pending resolution of the plaintiffs’ appeal in the In Re NVIDIA Corporation Securities Litigation action. On March 7, 2025, after the Supreme Court issued its judgment dismissing the Company’s petition for writ of certiorari as improvidently granted in the In Re NVIDIA Securities Litigation action, the district court adopted the parties' stipulation to extend the stay until the final and complete resolution of the In Re NVIDIA Corporation Securities Litigation action. The lawsuits assert claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty, unjust enrichment, insider trading, misappropriation of information, corporate waste and violations of Sections 14(a), 10(b), and 20(a) of the Exchange Act based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs seek unspecified damages and other relief, including disgorgement of profits from the sale of NVIDIA stock and unspecified corporate governance measures.
Another putative derivative action was filed on October 30, 2023 in the Court of Chancery of the State of Delaware, captioned Horanic v. Huang, et al. (Case No. 2023-1096-KSJM). This lawsuit asserts claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty and insider trading based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs seek unspecified damages and other relief, including disgorgement of profits from the sale of NVIDIA stock and reform of unspecified corporate governance measures. On August 11, 2025, the court granted the parties’ stipulation to voluntarily dismiss with prejudice plaintiff City of Westland Police and Fire Retirement System. This derivative matter is stayed pending the final resolution of In Re NVIDIA Corporation Securities Litigation action.
Accounting for Loss Contingencies
As of April 26, 2026, there are no accrued contingent liabilities associated with the legal proceedings described above based on our belief that liabilities, while reasonably possible, are not probable. Further, any possible loss or range of loss in these matters cannot be reasonably estimated at this time. We are engaged in legal actions not described above arising in the ordinary course of business, as well as regulatory and government inquiries and investigations, and, while there can be no assurance of favorable outcomes, we believe that the ultimate outcome of these matters will not have a material adverse effect on our operating results, liquidity or financial position. These matters are subject to inherent uncertainties and if the ultimate outcome is unfavorable, there exists the possibility of a material adverse impact on our operating results, liquidity or financial position in the period the outcome becomes estimable and probable.
v3.26.1
Income Taxes
 3 Months Ended
Apr. 26, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Income tax expense was $11.6 billion and $3.1 billion for the first quarter of fiscal years 2027 and 2026, respectively. Income tax as a percentage of income before income tax was 16.6% and 14.3% for the first quarter of fiscal years 2027 and 2026, respectively.
The effective tax rate increased primarily due to a lower percentage of tax benefits from stock-based compensation relative to the increase in income before income tax.
Our effective tax rates for the first quarter of fiscal years 2027 and 2026 were lower than the U.S. federal statutory rate of 21% primarily due to tax benefits from foreign-derived deduction eligible income, income earned in jurisdictions that were subject to taxes at rates lower than the U.S. federal statutory tax rate, stock-based compensation, and the U.S. federal research tax credit.
While we believe that we have adequately provided for all uncertain tax positions, or tax positions where we believe it is not more-likely-than-not that the position will be sustained upon review, amounts asserted by tax authorities could be greater or less than our accrued position. Accordingly, our provisions on federal, state and foreign tax related matters to be recorded in the future may change as revised estimates are made or the underlying matters are settled or otherwise resolved with the respective tax authorities.
We are currently under examination by the Internal Revenue Service for our fiscal years 2023 and 2024.
v3.26.1
Shareholders' Equity
 3 Months Ended
Apr. 26, 2026
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
Capital Return Program
We repurchased 108 million and 126 million shares of our common stock for $20.2 billion and $14.5 billion during the first quarter of fiscal years 2027 and 2026, respectively. As of April 26, 2026, we were authorized, subject to certain specifications, to repurchase up to $38.5 billion of our common stock.
On May 18, 2026, our Board of Directors approved an additional $80.0 billion in share repurchase authorization, without expiration.
We paid cash dividends to our shareholders of $243 million and $244 million during the first quarter of fiscal years 2027 and 2026, respectively. On May 18, 2026, we increased our quarterly cash dividend from $0.01 per share to $0.25 per share to all shareholders of record on June 4, 2026. Our quarterly cash dividend will be paid on June 26, 2026.
The payment of future cash dividends is subject to our Board of Directors' continuing determination that the declaration of dividends is in the best interests of our shareholders.
v3.26.1
Segment Information
 3 Months Ended
Apr. 26, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Our Chief Executive Officer is our chief operating decision maker, or CODM, and reviews financial information presented on an operating segment basis for purposes of making decisions and assessing financial performance. Our CODM assesses operating performance of each segment based on regularly provided segment revenue and segment operating income. Operating results by segment include costs or expenses directly attributable to each segment, and costs or expenses that are leveraged across our unified architecture and therefore allocated between our two segments. Our CODM reviews expenses on a consolidated basis, and expenses attributable to each segment are not regularly provided to our CODM.
The Compute & Networking segment includes our Data Center accelerated computing and networking platforms and AI solutions and software, and automotive platforms and autonomous and electric vehicle solutions including software.
The Graphics segment includes GeForce GPUs for gaming and PCs, and Quadro/NVIDIA RTX GPUs for enterprise workstation graphics.
Certain expenses are not allocated to either Compute & Networking or Graphics for purposes of making operating decisions or assessing financial performance. The expenses include stock-based compensation expense, corporate infrastructure and support costs, acquisition-related and other costs, and other non-recurring charges and benefits that our CODM deems to be enterprise in nature.

Our CODM does not review any information regarding total assets on a reportable segment basis. There are no intersegment transactions. The accounting policies for segment reporting are the same as for our consolidated financial statements. The table below presents details of our reportable segments.

Compute & NetworkingGraphics
Total
 (In millions)
Three Months Ended Apr 26, 2026
  
Revenue$74,550 $7,065 $81,615 
Other segment items (1)21,215 4,124 25,339 
Operating income$53,335 $2,941 $56,276 
Three Months Ended Apr 27, 2025
  
Revenue$39,589 $4,473 $44,062 
Other segment items (1)17,535 2,833 20,368 
Operating income$22,054 $1,640 $23,694 
(1)    Other segment items primarily include product costs and inventory provisions, compensation and benefits excluding stock-based compensation expense, computing infrastructure expenses, and engineering development costs.
Depreciation and amortization expense attributable to our Compute & Networking segment was $526 million and $296 million for the first quarter of fiscal years 2027 and 2026, respectively. Depreciation and amortization expense attributable to our Graphics segment was $194 million and $109 million for the first quarter of fiscal years 2027 and 2026, respectively. Acquisition-related intangible amortization expense is not allocated to either Compute & Networking or Graphics for purposes of making operating decisions or assessing financial performance.
Reconciliation of segment operating income to consolidated income before income tax for the first quarter of fiscal years 2027 and 2026 was as follows:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Segment operating income
$56,276 $23,694 
Stock-based compensation expense(1,928)(1,474)
Unallocated operating expenses
(565)(419)
Acquisition-related and other costs(247)(163)
Interest income540 515 
Interest expense(102)(63)
Other income (expense), net15,929 (180)
Consolidated income before income tax
$69,903 $21,910 
Revenue by geographic area is based upon the location of the customers’ headquarters. The end customer and shipping location may be different from our customers’ headquarters location.
 Three Months Ended
 Apr 26, 2026Apr 27, 2025
 (In millions)
Geographic Revenue based upon Customer Headquarters Location:  
United States
$63,769 $25,685 
Taiwan12,006 7,648 
China (including Hong Kong)4,550 9,659 
Other1,290 1,070 
Total revenue$81,615 $44,062 
Revenue from sales to customers headquartered outside of the United States accounted for 22% of total revenue for the first quarter of fiscal year 2027 and 42% of total revenue for the first quarter of fiscal year 2026
We refer to customers who purchase products directly from NVIDIA as direct customers, such as AIBs, distributors, ODMs, OEMs, CSPs, AI model makers, and system integrators. Certain direct customers may use either internal resources or third-party system integrators to complete their build. We refer to indirect customers as those who purchase products through our direct customers; indirect customers include CSPs, AI Clouds, AI model makers, enterprises, and public sector entities. Our revenue is concentrated among a limited number of direct and indirect customers and this trend may continue.
For the first quarter of fiscal year 2027, three direct customers represented 21%, 17%, and 16% of total revenue, all of which was primarily attributable to the Compute & Networking segment.
For the first quarter of fiscal year 2026, sales to two direct customers represented 16% and 14% of total revenue, which were attributable to the Compute & Networking segment.
In the first quarter of fiscal year 2027, we changed our presentation of revenue by market platform, and the comparable period has been recast as follows:
 Three Months Ended
 Apr 26, 2026Apr 27, 2025
 (In millions)
Revenue by Market Platform  
Data Center$75,246 $39,112 
Hyperscale37,869 17,599 
AI Clouds, Industrial, & Enterprise37,377 21,513 
Edge Computing6,369 4,950 
Total revenue$81,615 $44,062 
v3.26.1
Leases
 3 Months Ended
Apr. 26, 2026
Leases [Abstract]  
Leases Leases
Our lease obligations primarily consist of operating leases for our data centers and offices, with lease periods expiring between fiscal years 2027 and 2075.
Future minimum lease obligations under our non-cancelable lease agreements as of April 26, 2026 were as follows:
Operating Lease Obligations
 (In millions)
Fiscal Year: 
2027 (excluding the first quarter of fiscal 2027)$460 
2028626 
2029602 
2030530 
2031462 
2032 and thereafter2,924 
Total5,604 
Less imputed interest1,260 
Present value of net future minimum lease payments4,344 
Less short-term operating lease liabilities466 
Long-term operating lease liabilities$3,878 
Between the second quarter of fiscal year 2027 and fiscal year 2033, we expect to commence leases with future obligations of $32.4 billion, primarily for data center leases to support our research and development efforts, with lease terms of 3 to 20 years.
Operating lease costs were $171 million and $101 million for the first quarter of fiscal years 2027 and 2026, respectively. Short-term, variable, and finance lease costs for the first quarter of fiscal years 2027 and 2026 were not significant.
Other information related to leases was as follows:
Three Months Ended
Apr 26, 2026Apr 27, 2025
 (In millions)
Supplemental cash flows information 
Operating cash flow used for operating leases$185 $96 
Operating lease assets obtained in exchange for lease obligations$1,516 $98 
As of April 26, 2026, our operating leases have a weighted average remaining lease term of 10.4 years and a weighted average discount rate of 4.61%. As of January 25, 2026, our operating leases had a weighted average remaining lease term of 8.8 years and a weighted average discount rate of 4.38%.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Apr. 26, 2026
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
NameTitle of Director or OfficerActionDateTotal Shares of Common Stock to be Sold
Expiration Date
Tench Coxe
Director
Adoption
3/19/2026
8,000,000*
10/30/2027
Colette M. Kress
Executive Vice President and Chief Financial Officer
Termination
4/10/2026
500,000**
N/A
* The Rule 10b5-1 Trading Arrangement is solely for gifts to charitable donor-advised funds.
** The Rule 10b5-1 Trading Arrangement was adopted on December 18, 2025, for sales through March 23, 2027. No shares were sold under the Rule 10b5-1 Trading Arrangement prior to termination.
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Tench Coxe [Member]  
Trading Arrangements, by Individual  
Name Tench Coxe
Title Director
Rule 10b5-1 Arrangement Adopted true
Adoption Date 3/19/2026
Expiration Date 10/30/2027
Arrangement Duration 590 days
Aggregate Available 8,000,000
Colette M. Kress [Member]  
Trading Arrangements, by Individual  
Name Colette M. Kress
Title Executive Vice President and Chief Financial Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date 4/10/2026
Aggregate Available 500,000
v3.26.1
Summary of Significant Accounting Policies (Policies)
 3 Months Ended
Apr. 26, 2026
Accounting Policies [Abstract]  
Basis of Presentation
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.
Reclassification
Certain prior fiscal year balances have been reclassified to conform to the current period presentation.
Fiscal Year
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 first 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
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
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
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.
v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Apr. 26, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Condensed Consolidated Statements of Income include stock-based compensation expense as follows:
 Three Months Ended
 Apr 26, 2026Apr 27, 2025
(In millions)
Cost of revenue$68 $64 
Research and development1,459 1,063 
Sales, general and administrative401 347 
Total$1,928 $1,474 
Schedule of Equity Awards
The following is a summary of our equity award transactions under our equity incentive plans:
RSUs, PSUs and Market-based PSUs Outstanding
 Number of SharesWeighted Average Grant-Date Fair Value Per Share
(In millions, except per share data)
Balance as of Jan 25, 2026
189 $81.51 
Granted44 $181.73 
Vested(31)$48.04 
Canceled and forfeited(2)$95.82 
Balance as of Apr 26, 2026
200 $108.92 
v3.26.1
Net Income Per Share (Tables)
 3 Months Ended
Apr. 26, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Net Income Per Share Computations
The following is the basic and diluted net income per share computations for the periods presented:
 Three Months Ended
Apr 26, 2026Apr 27, 2025
 (In millions, except per share data)
Numerator:  
Net income$58,321 $18,775 
Denominator:
Basic weighted average shares24,286 24,441 
Dilutive impact of outstanding equity awards105 170 
Diluted weighted average shares24,391 24,611 
Net income per share:
Basic (1)$2.40 $0.77 
Diluted (2)$2.39 $0.76 
Anti-dilutive equity awards excluded from diluted net income per share47 62 
(1)    Net income divided by basic weighted average shares.
(2)    Net income divided by diluted weighted average shares.
v3.26.1
Amortizable Intangible Assets and Goodwill (Tables)
 3 Months Ended
Apr. 26, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the Components of Our Amortizable Intangible Assets
The components of our amortizable intangible assets are as follows:
 Apr 26, 2026Jan 25, 2026
 Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
 (In millions)
Acquisition-related intangible assets$5,658 $(2,759)$2,899 $5,656 $(2,580)$3,076 
Patents and licensed technology525 (304)221 528 (298)230 
Total intangible assets$6,183 $(3,063)$3,120 $6,184 $(2,878)$3,306 
Schedule of Finite-Lived Intangible Assets, Amortization Expense
The following table outlines the estimated future amortization expense related to the net carrying amount of intangible assets as of April 26, 2026:
Future Amortization Expense
 (In millions)
Fiscal Year: 
2027 (excluding the first quarter of fiscal year 2027)
$689 
2028754 
2029610 
2030516 
2031468 
2032 and thereafter83 
Total$3,120 
v3.26.1
Cash Equivalents and Marketable Securities (Tables)
 3 Months Ended
Apr. 26, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cash Equivalents and Marketable Securities
The following is a summary of cash equivalents and marketable securities:
 Apr 26, 2026
Pricing CategoryCost or Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Debt SecuritiesMarketable Equity SecuritiesOther Assets
 (In millions)
Debt securities issued by the U.S. TreasuryLevel 2$21,883 $43 $(8)$21,918 $470 $21,448 $— $— 
Corporate debt securitiesLevel 215,092 48 (8)15,132 1,533 13,599 — — 
Debt securities issued by U.S. government agenciesLevel 22,009 2 (1)2,010 — 2,010 — — 
Certificates of depositLevel 2132 — — 132 132 — — — 
Foreign government bondsLevel 240 1 — 41 — 41 — — 
Money market fundsLevel 110,212 — — 10,212 10,212 — — — 
Publicly-held equity securities (1) (2)Level 129,887 — — 21,023 8,864 
Publicly-held equity securities (1) (3)Level 29,214 — — 9,214 — 
Total$49,368 $94 $(17)$88,546 $12,347 $37,098 $30,237 $8,864 
(1)    The balance as of April 26, 2026 included $27.4 billion of investments, which 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 $8.9 billion as of April 26, 2026, was included in Other assets.
(3)    The publicly-held equity securities classified in Level 2 include investments in warrants and preferred stock convertible to common stock in public companies.
 Jan 25, 2026
Pricing CategoryCost or Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Debt SecuritiesMarketable Equity SecuritiesOther Assets
 (In millions)
Debt securities issued by the U.S. TreasuryLevel 2$21,635 $77 $(3)$21,709 $— $21,709 $— $— 
Corporate debt securitiesLevel 215,410 92 (3)15,499 345 15,154 — — 
Debt securities issued by U.S. government agenciesLevel 22,157 4 — 2,161 — 2,161 — — 
Certificates of depositLevel 2110 — — 110 110 — — — 
Foreign government bondsLevel 240 1 — 41 — 41 — — 
Money market fundsLevel 17,830 — — 7,830 7,830 — — — 
Publicly-held equity securities (1) (2)Level 117,726 — — 12,886 4,840 
Total$47,182 $174 $(6)$65,076 $8,285 $39,065 $12,886 $4,840 
(1)    The balance as of January 25, 2026 included $10.5 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 $4.8 billion as of January 25, 2026, was included in Other assets.
The estimated fair values of debt securities included in cash equivalents and marketable debt securities are shown below by contractual maturity.
Apr 26, 2026
(In millions)
Less than one year$24,307 
Due in 1 - 5 years14,926 
Total$39,233 
Schedule of Investments in a Continuous Unrealized Loss Position
The following table provides the breakdown of unrealized losses, aggregated by investment category and length of time that individual debt securities have been in a continuous loss position:
Apr 26, 2026Jan 25, 2026
 Less than 12 monthsLess than 12 months
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Debt securities issued by the U.S. Treasury$12,238 $(8)$10,666 $(3)
Corporate debt securities2,658 (8)1,332 (3)
Debt securities issued by U.S. government agencies1,291 (1)1,134 — 
Total$16,187 $(17)$13,132 $(6)
v3.26.1
Non-marketable Securities (Tables)
 3 Months Ended
Apr. 26, 2026
Fair Value Disclosures [Abstract]  
Schedule of Non-marketable Equity Securities
Adjustments to the carrying value of privately-held securities:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$22,251 $3,387 
Adjustments related to non-marketable equity securities:
Net additions17,899 649 
Unrealized gains (1)2,603 63 
Reclassification (2)(389)(843)
Impairments and unrealized losses(28)(16)
Balance at end of period$42,336 $3,240 
(1)    Unrealized gains are recognized in Other income (expense), net, in the Condensed Consolidated Statements of Income.
(2)    Includes primarily reclassifications to marketable securities following public market trading.
v3.26.1
Balance Sheet Components (Tables)
 3 Months Ended
Apr. 26, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventory
Certain balance sheet components were as follows:
 Apr 26, 2026Jan 25, 2026
Inventories:(In millions)
Raw materials$6,647 $3,807 
Work in process9,949 8,822 
Finished goods9,201 8,774 
Total inventories (1)$25,797 $21,403 
(1)    We recorded inventory provisions of $0.8 billion and $2.3 billion for the first quarter of fiscal years 2027 and 2026, respectively, in Cost of revenue.
Schedule of Accrued and Other Current Liabilities
 Apr 26, 2026Jan 25, 2026
Accrued and Other Current Liabilities:(In millions)
Taxes payable
$10,638 $2,669 
Customer program accruals4,182 5,318 
Accrued purchase consideration (1)
3,957 3,921 
Excess inventory purchase obligations (2)
3,121 2,739 
Product warranty
2,948 2,807 
Deferred revenue (3)
1,714 1,379 
Accrued payroll and related expenses1,033 1,146 
Other2,194 1,373 
Total accrued and other current liabilities$29,787 $21,352 
(1)    Related to the Groq, Inc. non-exclusive license agreement.
(2)    We recorded $0.3 billion and $3.0 billion for the first quarter of fiscal years 2027 and 2026, respectively, in Cost of revenue.
(3)    Includes customer advances and unearned revenue related to hardware and software support, cloud services, and license and development arrangements. The balance as of April 26, 2026 and January 25, 2026 included $297 million and $160 million of customer advances, respectively.
Schedule of Other Long-term Liabilities
 Apr 26, 2026Jan 25, 2026
Other Long-Term Liabilities:(In millions)
Income tax payable (1)$4,830 $3,958 
Deferred income tax1,798 1,774 
Deferred revenue (2)1,403 1,193 
Other737 381 
Total other long-term liabilities$8,768 $7,306 
(1)    Primarily comprised of unrecognized tax benefits and related interest and penalties.
(2)    Includes unearned revenue related to hardware and software support and cloud services.
Schedule of Changes in Deferred Revenue
The following table shows the changes in short- and long-term deferred revenue during the first quarter of fiscal years 2027 and 2026:
Three Months Ended
 Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$2,572 $1,813 
Deferred revenue additions (1)2,530 6,493 
Revenue recognized (2)(1,985)(6,228)
Balance at end of period$3,117 $2,078 
(1)    Includes $1.7 billion and $6.2 billion of customer advances for the first quarter of fiscal years 2027 and 2026, respectively.
(2)    Includes $1.6 billion and $6.0 billion related to customer advances for the first quarter of fiscal years 2027 and 2026, respectively.
v3.26.1
Derivative Financial Instruments (Tables)
 3 Months Ended
Apr. 26, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Value of Our Foreign Currency Contracts Outstanding
The table below presents the notional value of our foreign currency contracts outstanding:
 Apr 26, 2026Jan 25, 2026
(In millions)
Designated as accounting hedges$2,114 $1,765 
Not designated as accounting hedges$1,850 $2,332 
v3.26.1
Debt (Tables)
 3 Months Ended
Apr. 26, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Expected
Remaining Term (years)		Effective
Interest Rate
Apr 26, 2026Jan 25, 2026
(In millions)
3.20% Notes Due 2026
0.43.31%$1,000 $1,000 
1.55% Notes Due 2028
2.11.64%1,250 1,250 
2.85% Notes Due 2030
3.92.93%1,500 1,500 
2.00% Notes Due 2031
5.12.09%1,250 1,250 
3.50% Notes Due 2040
13.93.54%1,000 1,000 
3.50% Notes Due 2050
23.93.54%2,000 2,000 
3.70% Notes Due 2060
34.03.73%500 500 
Unamortized debt discount and issuance costs(30)(32)
Net carrying amount
$8,470 $8,468 
Less short-term portion(1,000)(999)
Total long-term portion$7,470 $7,469 
v3.26.1
Commitments and Contingencies (Tables)
 3 Months Ended
Apr. 26, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Product Warranty Activity The estimated product returns and product warranty activity consisted of the following:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Balance at beginning of period$2,807 $1,290 
Additions330 870 
Utilization(189)(80)
Balance at end of period$2,948 $2,080 
v3.26.1
Segment Information (Tables)
 3 Months Ended
Apr. 26, 2026
Segment Reporting [Abstract]  
Schedule of Reportable Segments The table below presents details of our reportable segments.

Compute & NetworkingGraphics
Total
 (In millions)
Three Months Ended Apr 26, 2026
  
Revenue$74,550 $7,065 $81,615 
Other segment items (1)21,215 4,124 25,339 
Operating income$53,335 $2,941 $56,276 
Three Months Ended Apr 27, 2025
  
Revenue$39,589 $4,473 $44,062 
Other segment items (1)17,535 2,833 20,368 
Operating income$22,054 $1,640 $23,694 
(1)    Other segment items primarily include product costs and inventory provisions, compensation and benefits excluding stock-based compensation expense, computing infrastructure expenses, and engineering development costs.
Reconciliation of segment operating income to consolidated income before income tax for the first quarter of fiscal years 2027 and 2026 was as follows:
Three Months Ended
Apr 26, 2026Apr 27, 2025
(In millions)
Segment operating income
$56,276 $23,694 
Stock-based compensation expense(1,928)(1,474)
Unallocated operating expenses
(565)(419)
Acquisition-related and other costs(247)(163)
Interest income540 515 
Interest expense(102)(63)
Other income (expense), net15,929 (180)
Consolidated income before income tax
$69,903 $21,910 
Schedule of Revenue by Geographic Regions
Revenue by geographic area is based upon the location of the customers’ headquarters. The end customer and shipping location may be different from our customers’ headquarters location.
 Three Months Ended
 Apr 26, 2026Apr 27, 2025
 (In millions)
Geographic Revenue based upon Customer Headquarters Location:  
United States
$63,769 $25,685 
Taiwan12,006 7,648 
China (including Hong Kong)4,550 9,659 
Other1,290 1,070 
Total revenue$81,615 $44,062 
Schedule of Revenue by Market Platform
In the first quarter of fiscal year 2027, we changed our presentation of revenue by market platform, and the comparable period has been recast as follows:
 Three Months Ended
 Apr 26, 2026Apr 27, 2025
 (In millions)
Revenue by Market Platform  
Data Center$75,246 $39,112 
Hyperscale37,869 17,599 
AI Clouds, Industrial, & Enterprise37,377 21,513 
Edge Computing6,369 4,950 
Total revenue$81,615 $44,062 
v3.26.1
Leases (Tables)
 3 Months Ended
Apr. 26, 2026
Leases [Abstract]  
Schedule of Future Minimum Lease Obligations
Future minimum lease obligations under our non-cancelable lease agreements as of April 26, 2026 were as follows:
Operating Lease Obligations
 (In millions)
Fiscal Year: 
2027 (excluding the first quarter of fiscal 2027)$460 
2028626 
2029602 
2030530 
2031462 
2032 and thereafter2,924 
Total5,604 
Less imputed interest1,260 
Present value of net future minimum lease payments4,344 
Less short-term operating lease liabilities466 
Long-term operating lease liabilities$3,878 
Schedule of Other Information Related to Leases
Other information related to leases was as follows:
Three Months Ended
Apr 26, 2026Apr 27, 2025
 (In millions)
Supplemental cash flows information 
Operating cash flow used for operating leases$185 $96 
Operating lease assets obtained in exchange for lease obligations$1,516 $98 
v3.26.1
Stock-Based Compensation - Schedule of Stock-Based Compensation Expense (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Share-based Compensation    
Stock-based compensation expense $ 1,928 $ 1,474
Cost of revenue    
Share-based Compensation    
Stock-based compensation expense 68 64
Research and development    
Share-based Compensation    
Stock-based compensation expense 1,459 1,063
Sales, general and administrative    
Share-based Compensation    
Stock-based compensation expense $ 401 $ 347
v3.26.1
Stock-Based Compensation - Schedule of Equity Awards (Details) - RSUs, PSUs, and Market-based PSUs
shares in Millions
 3 Months Ended
Apr. 26, 2026
$ / shares
shares
Number of Shares  
Outstanding, beginning balance (in shares) | shares 189
Granted (in shares) | shares 44
Vested (in shares) | shares (31)
Canceled and forfeited (in shares) | shares (2)
Outstanding, ending balance (in shares) | shares 200
Weighted Average Grant-Date Fair Value Per Share  
Weighted average grant date fair value, beginning balance (in dollars per share) | $ / shares $ 81.51
Weighted average grant date fair value, granted (in dollars per share) | $ / shares 181.73
Weighted average grant date fair value, Vested (in dollars per share) | $ / shares 48.04
Weighted average grant date fair value, canceled and forfeited (in dollars per share) | $ / shares 95.82
Weighted average grant date fair value, ending balance (in dollars per share) | $ / shares $ 108.92
v3.26.1
Stock-Based Compensation - Narrative (Details)
$ in Billions
 3 Months Ended
Apr. 26, 2026
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Unearned stock-based compensation expense $ 20.8
RSUs, PSUs, and Market-based PSUs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Estimated weighted average amortization period 2 years 7 months 6 days
Employee Stock Purchase Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Estimated weighted average amortization period 1 year
v3.26.1
Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Numerator:    
Net income $ 58,321 $ 18,775
Denominator:    
Basic weighted average shares (in shares) 24,286 24,441
Dilutive impact of outstanding equity awards (in shares) 105 170
Diluted weighted average shares (in shares) 24,391 24,611
Net income per share:    
Basic (in dollars per share) $ 2.40 $ 0.77
Diluted (in dollars per share) $ 2.39 $ 0.76
Anti-dilutive equity awards excluded from diluted net income per share (in shares) 47 62
v3.26.1
Amortizable Intangible Assets and Goodwill (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Jan. 25, 2026
Amortizable intangible assets components      
Gross Carrying Amount $ 6,183   $ 6,184
Accumulated Amortization (3,063)   (2,878)
Net Carrying Amount 3,120   3,306
Amortization expense 232 $ 159  
Amortization expense associated with intangible assets      
2027 (excluding the first quarter of fiscal year 2027) 689    
2028 754    
2029 610    
2030 516    
2031 468    
2032 and thereafter 83    
Net Carrying Amount 3,120   3,306
Increase in carrying amount of goodwill 62    
Acquisition-related intangible assets      
Amortizable intangible assets components      
Gross Carrying Amount 5,658   5,656
Accumulated Amortization (2,759)   (2,580)
Net Carrying Amount 2,899   3,076
Amortization expense associated with intangible assets      
Net Carrying Amount 2,899   3,076
Patents and licensed technology      
Amortizable intangible assets components      
Gross Carrying Amount 525   528
Accumulated Amortization (304)   (298)
Net Carrying Amount 221   230
Amortization expense associated with intangible assets      
Net Carrying Amount $ 221   $ 230
v3.26.1
Cash Equivalents and Marketable Securities - Schedule of Securities (Details) - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Summary of cash equivalents and marketable securities:    
Unrealized Gain $ 94 $ 174
Unrealized Loss (17) (6)
Estimated Fair Value 39,233  
Cost of Amortized Cost, Total 49,368 47,182
Estimated fair Value, Total 88,546 65,076
Debt securities issued by the U.S. Treasury | Level 2    
Summary of cash equivalents and marketable securities:    
Cost or Amortized Cost 21,883 21,635
Unrealized Gain 43 77
Unrealized Loss (8) (3)
Estimated Fair Value 21,918 21,709
Corporate debt securities | Level 2    
Summary of cash equivalents and marketable securities:    
Cost or Amortized Cost 15,092 15,410
Unrealized Gain 48 92
Unrealized Loss (8) (3)
Estimated Fair Value 15,132 15,499
Debt securities issued by U.S. government agencies | Level 2    
Summary of cash equivalents and marketable securities:    
Cost or Amortized Cost 2,009 2,157
Unrealized Gain 2 4
Unrealized Loss (1) 0
Estimated Fair Value 2,010 2,161
Certificates of deposit | Level 2    
Summary of cash equivalents and marketable securities:    
Cost or Amortized Cost 132 110
Unrealized Gain 0 0
Unrealized Loss 0 0
Estimated Fair Value 132 110
Foreign government bonds | Level 2    
Summary of cash equivalents and marketable securities:    
Cost or Amortized Cost 40 40
Unrealized Gain 1 1
Unrealized Loss 0 0
Estimated Fair Value 41 41
Money market funds | Level 1    
Summary of cash equivalents and marketable securities:    
Cost or Amortized Cost 10,212 7,830
Unrealized Gain 0 0
Unrealized Loss 0 0
Estimated Fair Value 10,212 7,830
Publicly-held equity securities    
Summary of cash equivalents and marketable securities:    
Short-term investments 27,400 10,500
Publicly-held equity securities | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 9,214  
Publicly-held equity securities | Level 1    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 29,887 17,726
Cash Equivalents    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 12,347 8,285
Cash Equivalents | Debt securities issued by the U.S. Treasury | Level 2    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 470 0
Cash Equivalents | Corporate debt securities | Level 2    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 1,533 345
Cash Equivalents | Debt securities issued by U.S. government agencies | Level 2    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 0 0
Cash Equivalents | Certificates of deposit | Level 2    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 132 110
Cash Equivalents | Foreign government bonds | Level 2    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 0 0
Cash Equivalents | Money market funds | Level 1    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 10,212 7,830
Cash Equivalents | Publicly-held equity securities | Level 2    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 0  
Cash Equivalents | Publicly-held equity securities | Level 1    
Summary of cash equivalents and marketable securities:    
Cash Equivalents 0 0
Marketable Debt Securities    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 37,098 39,065
Marketable Debt Securities | Debt securities issued by the U.S. Treasury | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 21,448 21,709
Marketable Debt Securities | Corporate debt securities | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 13,599 15,154
Marketable Debt Securities | Debt securities issued by U.S. government agencies | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 2,010 2,161
Marketable Debt Securities | Certificates of deposit | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 0 0
Marketable Debt Securities | Foreign government bonds | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 41 41
Marketable Debt Securities | Money market funds | Level 1    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 0 0
Marketable Debt Securities | Publicly-held equity securities | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 0  
Marketable Debt Securities | Publicly-held equity securities | Level 1    
Summary of cash equivalents and marketable securities:    
Marketable Debt Securities 0 0
Marketable Equity Securities    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 30,237 12,886
Marketable Equity Securities | Debt securities issued by the U.S. Treasury | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 0 0
Marketable Equity Securities | Corporate debt securities | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 0 0
Marketable Equity Securities | Debt securities issued by U.S. government agencies | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 0 0
Marketable Equity Securities | Certificates of deposit | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 0 0
Marketable Equity Securities | Foreign government bonds | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 0 0
Marketable Equity Securities | Money market funds | Level 1    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 0 0
Marketable Equity Securities | Publicly-held equity securities | Level 2    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 9,214  
Marketable Equity Securities | Publicly-held equity securities | Level 1    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 21,023 12,886
Other Assets    
Summary of cash equivalents and marketable securities:    
Other Assets 8,864 4,840
Other Assets | Debt securities issued by the U.S. Treasury | Level 2    
Summary of cash equivalents and marketable securities:    
Other Assets 0 0
Other Assets | Corporate debt securities | Level 2    
Summary of cash equivalents and marketable securities:    
Other Assets 0 0
Other Assets | Debt securities issued by U.S. government agencies | Level 2    
Summary of cash equivalents and marketable securities:    
Other Assets 0 0
Other Assets | Certificates of deposit | Level 2    
Summary of cash equivalents and marketable securities:    
Other Assets 0 0
Other Assets | Foreign government bonds | Level 2    
Summary of cash equivalents and marketable securities:    
Other Assets 0 0
Other Assets | Money market funds | Level 1    
Summary of cash equivalents and marketable securities:    
Other Assets 0 0
Other Assets | Publicly-held equity securities | Level 2    
Summary of cash equivalents and marketable securities:    
Other Assets 0  
Other Assets | Publicly-held equity securities | Level 1    
Summary of cash equivalents and marketable securities:    
Marketable Equity Securities 8,900 4,800
Other Assets $ 8,864 $ 4,840
v3.26.1
Cash Equivalents and Marketable Securities - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Publicly-held equity securities    
Summary of cash equivalents and marketable securities:    
Net unrealized gains (losses) on investments $ 13,400 $ (222)
v3.26.1
Cash Equivalents and Marketable Securities - Schedule of Unrealized Losses Aggregated by Investment Category (Details) - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Estimated Fair Value    
Less than 12 months $ 16,187 $ 13,132
Gross Unrealized Loss    
Less than 12 months (17) (6)
Debt securities issued by the U.S. Treasury    
Estimated Fair Value    
Less than 12 months 12,238 10,666
Gross Unrealized Loss    
Less than 12 months (8) (3)
Corporate debt securities    
Estimated Fair Value    
Less than 12 months 2,658 1,332
Gross Unrealized Loss    
Less than 12 months (8) (3)
Debt securities issued by U.S. government agencies    
Estimated Fair Value    
Less than 12 months 1,291 1,134
Gross Unrealized Loss    
Less than 12 months $ (1) $ 0
v3.26.1
Cash Equivalents and Marketable Securities - Schedule of Amortized Cost and Estimated Fair Value of Cash Equivalents and Marketable Debt Securities (Details)
$ in Millions
Apr. 26, 2026
USD ($)
Debt Securities, Available-for-Sale, Fair Value, Fiscal Year Maturity [Abstract]  
Less than one year $ 24,307
Due in 1 - 5 years 14,926
Estimated Fair Value $ 39,233
v3.26.1
Non-marketable Securities - Schedule of Carrying Value of Non-marketable Equity Securities (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Fair Value Disclosures [Abstract]    
Balance at beginning of period $ 22,251 $ 3,387
Net additions 17,899 649
Unrealized gains 2,603 63
Reclassification (389) (843)
Impairments and unrealized losses (28) (16)
Balance at end of period $ 42,336 $ 3,240
v3.26.1
Non-marketable Securities - Narrative (Details) - USD ($)
$ in Millions
Apr. 26, 2026
Apr. 27, 2025
Financial assets and liabilities measured at fair value:    
Cumulative gross unrealized gains $ 5,300 $ 396
Cumulative gross losses and impairments (199) $ 110
Investment Commitments    
Financial assets and liabilities measured at fair value:    
Investment commitment 27,000  
Equity Securities    
Financial assets and liabilities measured at fair value:    
Equity method securities 1,000  
Funded And Unfunded Fund Investments    
Financial assets and liabilities measured at fair value:    
VIEs, maximum loss exposure, amount $ 2,300  
v3.26.1
Balance Sheet Components - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Jan. 25, 2026
Supply Commitment [Line Items]      
Property, equipment and intangible assets acquired by assuming related liabilities $ 1,100 $ 408  
Customer 1 | Accounts Receivable | Customer Concentration Risk      
Supply Commitment [Line Items]      
Concentration risk (as percent) 30.00%   25.00%
Customer 2 | Accounts Receivable | Customer Concentration Risk      
Supply Commitment [Line Items]      
Concentration risk (as percent) 18.00%   18.00%
Customer 3 | Accounts Receivable | Customer Concentration Risk      
Supply Commitment [Line Items]      
Concentration risk (as percent) 16.00%   13.00%
v3.26.1
Balance Sheet Components - Schedule of Inventory (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Jan. 25, 2026
Inventories      
Raw materials $ 6,647   $ 3,807
Work in process 9,949   8,822
Finished goods 9,201   8,774
Total inventories 25,797   $ 21,403
Inventory reserve expense $ 800 $ 2,300  
v3.26.1
Balance Sheet Components - Schedule of Accrued and Other Current Liabilities (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Jan. 25, 2026
Accrued and Other Current Liabilities:      
Taxes payable $ 10,638   $ 2,669
Customer program accruals 4,182   5,318
Accrued purchase consideration 3,957   3,921
Excess inventory purchase obligations 3,121   2,739
Product warranty 2,948   2,807
Deferred revenue 1,714   1,379
Accrued payroll and related expenses 1,033   1,146
Other 2,194   1,373
Accrued and other current liabilities 29,787   21,352
Overall charge 20,458 $ 17,394  
Inventory Purchase Obligations in Excess of Projections      
Accrued and Other Current Liabilities:      
Overall charge 300 $ 3,000  
Nature of Expense, Customer Advances      
Accrued and Other Current Liabilities:      
Deferred revenue $ 297   $ 160
v3.26.1
Balance Sheet Components - Schedule of Other Long-term Liabilities (Details) - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Other Long-Term Liabilities:    
Income tax payable $ 4,830 $ 3,958
Deferred income tax 1,798 1,774
Deferred revenue 1,403 1,193
Other 737 381
Total other long-term liabilities $ 8,768 $ 7,306
v3.26.1
Balance Sheet Components - Schedule of Changes in Deferred Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Change in Deferred Revenue    
Balance at beginning of period $ 2,572 $ 1,813
Deferred revenue additions 2,530 6,493
Revenue recognized (1,985) (6,228)
Balance at end of period 3,117 2,078
Deferred revenue additions 1,700 6,200
Revenue recognized $ 1,600 $ 6,000
v3.26.1
Balance Sheet Components - Revenue Remaining Performance Obligation (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]    
Revenue recognized that was previously included in deferred revenue $ 451 $ 265
Revenue related to remaining performance obligations 2,600  
Revenue related to remaining performance obligations - amount from deferred revenues 2,300  
Unbilled revenue $ 304  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-04-27    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]    
Revenue, remaining performance obligation (as percent) 40.00%  
Expected performance period (in months) 12 months  
v3.26.1
Derivative Financial Instruments - Schedule of Notional Value of Our Foreign Currency Contracts Outstanding (Details) - Foreign currency forward contracts - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Designated as accounting hedges    
Derivative [Line Items]    
Notional values of derivative contracts $ 2,114 $ 1,765
Not designated as accounting hedges    
Derivative [Line Items]    
Notional values of derivative contracts $ 1,850 $ 2,332
v3.26.1
Derivative Financial Instruments - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Apr. 26, 2026
Jan. 25, 2026
Facility Lease Guarantees    
Derivative [Line Items]    
Maximum exposure   $ 3,500
Guarantor Obligations, Collateral Held Directly or by Third Parties, Amount   $ 712
Facility Lease Guarantees | Minimum    
Derivative [Line Items]    
Guarantee term   5 years
Facility Lease Guarantees | Maximum    
Derivative [Line Items]    
Guarantee term   7 years
Foreign currency forward contracts    
Derivative [Line Items]    
Maximum maturity period (in months) 18 months  
v3.26.1
Debt - Schedule of Long-term Debt (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Jan. 25, 2026
Debt Instrument [Line Items]    
Unamortized debt discount and issuance costs $ (30) $ (32)
Net carrying amount 8,470 8,468
Less short-term portion (1,000) (999)
Long-term debt $ 7,470 7,469
Notes Payable | 3.20% Notes Due 2026    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.20%  
Expected Remaining Term (years) 4 months 24 days  
Effective Interest Rate 3.31%  
Gross carrying amount $ 1,000 1,000
Notes Payable | 1.55% Notes Due 2028    
Debt Instrument [Line Items]    
Interest rate (as percent) 1.55%  
Expected Remaining Term (years) 2 years 1 month 6 days  
Effective Interest Rate 1.64%  
Gross carrying amount $ 1,250 1,250
Notes Payable | 2.85% Notes Due 2030    
Debt Instrument [Line Items]    
Interest rate (as percent) 2.85%  
Expected Remaining Term (years) 3 years 10 months 24 days  
Effective Interest Rate 2.93%  
Gross carrying amount $ 1,500 1,500
Notes Payable | 2.00% Notes Due 2031    
Debt Instrument [Line Items]    
Interest rate (as percent) 2.00%  
Expected Remaining Term (years) 5 years 1 month 6 days  
Effective Interest Rate 2.09%  
Gross carrying amount $ 1,250 1,250
Notes Payable | 3.50% Notes Due 2040    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.50%  
Expected Remaining Term (years) 13 years 10 months 24 days  
Effective Interest Rate 3.54%  
Gross carrying amount $ 1,000 1,000
Notes Payable | 3.50% Notes Due 2050    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.50%  
Expected Remaining Term (years) 23 years 10 months 24 days  
Effective Interest Rate 3.54%  
Gross carrying amount $ 2,000 2,000
Notes Payable | 3.70% Notes Due 2060    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.70%  
Expected Remaining Term (years) 34 years  
Effective Interest Rate 3.73%  
Gross carrying amount $ 500 $ 500
v3.26.1
Debt - Narrative (Details) - USD ($)
Apr. 26, 2026
Jan. 25, 2026
Debt Instrument [Line Items]    
Estimated fair value of long-term debt $ 7,400,000,000 $ 7,500,000,000
Commercial Paper Program | Commercial Paper    
Debt Instrument [Line Items]    
Current borrowing capacity 25,000,000,000.0  
Outstanding commercial paper $ 0  
v3.26.1
Commitments and Contingencies - Narrative (Details) - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Apr. 27, 2025
Jan. 26, 2025
Purchase Commitment, Excluding Long-Term Commitment [Line Items]        
Warranty accrual $ 2,948 $ 2,807 $ 2,080 $ 1,290
Accrued contingent liabilities 0      
Other Commitments        
Purchase Commitment, Excluding Long-Term Commitment [Line Items]        
Investment commitment $ 6,000      
v3.26.1
Commitments and Contingencies - Schedule of Future Purchase Commitments Due by Year (Details)
$ in Billions
Apr. 26, 2026
USD ($)
Manufacturing production and long-term supply and capacity agreement commitments  
Supply Commitment [Line Items]  
Investment commitment $ 119
2027 remainder of fiscal year 95
Multi-year cloud service agreement commitments  
Supply Commitment [Line Items]  
Investment commitment 30
2027 remainder of fiscal year 6
2028 7
2029 7
2030 5
2031 3
2032 and thereafter $ 2
v3.26.1
Commitments and Contingencies - Schedule of Product Warranty Liabilities (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]    
Balance at beginning of period $ 2,807 $ 1,290
Additions 330 870
Utilization (189) (80)
Balance at end of period $ 2,948 $ 2,080
v3.26.1
Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Income Tax Disclosure [Abstract]    
Income tax expense $ 11,582 $ 3,135
Tax expense as a percentage of income before income tax (percent) 16.60% 14.30%
v3.26.1
Shareholders' Equity (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended
May 18, 2026
May 17, 2026
Apr. 26, 2026
Apr. 27, 2025
Share Repurchase Program [Line Items]        
Number of shares repurchased (in shares)     108 126
Shares repurchased     $ 20,170 $ 14,503
Authorized amounts under share repurchase program     38,500  
Dividends paid     $ 243 $ 244
Quarterly common stock cash dividend (in dollars per share)     $ 0.01 $ 0.01
Subsequent Event        
Share Repurchase Program [Line Items]        
Share repurchase authorization $ 80,000      
Quarterly common stock cash dividend (in dollars per share) $ 0.25 $ 0.01    
v3.26.1
Segment Information - Narrative (Details)
$ in Millions
 3 Months Ended
Apr. 26, 2026
USD ($)
segment
Apr. 27, 2025
USD ($)
Segment Reporting Information [Line Items]    
Number of reportable segments | segment 2  
Number of operating segments | segment 2  
Depreciation and amortization $ 997 $ 611
Revenue | Customer Concentration Risk | Non-US    
Segment Reporting Information [Line Items]    
Concentration risk (as percent) 22.00% 42.00%
Compute & Networking    
Segment Reporting Information [Line Items]    
Depreciation and amortization $ 526 $ 296
Graphics    
Segment Reporting Information [Line Items]    
Depreciation and amortization $ 194 $ 109
v3.26.1
Segment Information - Schedule of Reportable Segments (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Segment Reporting Information [Line Items]    
Revenue $ 81,615 $ 44,062
Operating income 53,536 21,638
Operating Segments    
Segment Reporting Information [Line Items]    
Revenue 81,615 44,062
Other segment items 25,339 20,368
Operating income 56,276 23,694
Operating Segments | Compute & Networking    
Segment Reporting Information [Line Items]    
Revenue 74,550 39,589
Other segment items 21,215 17,535
Operating income 53,335 22,054
Operating Segments | Graphics    
Segment Reporting Information [Line Items]    
Revenue 7,065 4,473
Other segment items 4,124 2,833
Operating income $ 2,941 $ 1,640
v3.26.1
Segment Information - Schedule of Reconciling Items (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Segment Reporting Information [Line Items]    
Operating income $ 53,536 $ 21,638
Stock-based compensation expense (1,928) (1,474)
Interest income 540 515
Interest expense (102) (63)
Other income (expense), net 15,929 (180)
Income before income tax 69,903 21,910
Segment Reporting, Reconciling Item, Corporate Nonsegment    
Segment Reporting Information [Line Items]    
Operating income 56,276 23,694
Stock-based compensation expense (1,928) (1,474)
Unallocated operating expenses (565) (419)
Acquisition-related and other costs (247) (163)
Interest income 540 515
Interest expense (102) (63)
Other income (expense), net $ 15,929 $ (180)
v3.26.1
Segment Information - Schedule of Revenue by Geographic Regions (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Revenues    
Revenue $ 81,615 $ 44,062
United States    
Revenues    
Revenue 63,769 25,685
Taiwan    
Revenues    
Revenue 12,006 7,648
China (including Hong Kong)    
Revenues    
Revenue 4,550 9,659
Other    
Revenues    
Revenue $ 1,290 $ 1,070
v3.26.1
Segment Information - Concentration Risk (Details) - Compute & Networking - Revenue - Customer Concentration Risk
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Customer A    
Revenue, Major Customer [Line Items]    
Concentration risk (as percent) 21.00%  
Customer B    
Revenue, Major Customer [Line Items]    
Concentration risk (as percent) 17.00%  
Customer C    
Revenue, Major Customer [Line Items]    
Concentration risk (as percent) 16.00%  
Customer 1    
Revenue, Major Customer [Line Items]    
Concentration risk (as percent)   16.00%
Customer 2    
Revenue, Major Customer [Line Items]    
Concentration risk (as percent)   14.00%
v3.26.1
Segment Information - Schedule of Revenue by Market Platform (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Revenue from External Customer [Line Items]    
Revenue $ 81,615 $ 44,062
Data Center    
Revenue from External Customer [Line Items]    
Revenue 75,246 39,112
Hyperscale    
Revenue from External Customer [Line Items]    
Revenue 37,869 17,599
AI Clouds, Industrial, & Enterprise    
Revenue from External Customer [Line Items]    
Revenue 37,377 21,513
Edge Computing    
Revenue from External Customer [Line Items]    
Revenue $ 6,369 $ 4,950
v3.26.1
Leases - Schedule of Future Minimum Lease Obligations (Details) - USD ($)
$ in Millions
Apr. 26, 2026
Jan. 25, 2026
Leases [Abstract]    
2027 (excluding the first quarter of fiscal 2027) $ 460  
2028 626  
2029 602  
2030 530  
2031 462  
2032 and thereafter 2,924  
Total 5,604  
Less imputed interest 1,260  
Present value of net future minimum lease payments $ 4,344  
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Accrued and other current liabilities  
Less short-term operating lease liabilities $ 466  
Long-term operating lease liabilities $ 3,878 $ 2,572
v3.26.1
Leases - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Jan. 25, 2026
Lessee, Lease, Description [Line Items]      
Operating lease expense $ 171 $ 101  
Weighted average remaining lease term - operating leases (in years) 10 years 4 months 24 days   8 years 9 months 18 days
Weighted average discount rate - operating leases (percent) 4.61%   4.38%
Leases Not yet Commenced      
Lessee, Lease, Description [Line Items]      
Operating lease, not yet commenced, amount $ 32,400    
Minimum      
Lessee, Lease, Description [Line Items]      
Lease not yet commenced, term of contract (in years) 3 years    
Maximum      
Lessee, Lease, Description [Line Items]      
Lease not yet commenced, term of contract (in years) 20 years    
v3.26.1
Leases - Schedule of Other Lease Information (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 26, 2026
Apr. 27, 2025
Supplemental disclosure of cash flow information:    
Operating cash flow used for operating leases $ 185 $ 96
Operating lease assets obtained in exchange for lease obligations $ 1,516 $ 98