NVIDIA Corporation Financial Performance from Time to Time-NVIDIA Corporation or commonly known as NVIDIA is one of the largest technology companies which was founded on April 5, 1993, by Jensen Huang, Chris Malachowsky, and Curtis Priem. Commonly, NVIDIA is still popular with the GPU, the graphics processing unit, which changed the graphical performance in the computing industry. The invention of the GPU started in 1999 which defined modern computer graphics and it makes NVIDIA the leader in computer graphics. Many computer users like designers, gamers, and architects choose NVIDIA GPUs to enjoy the beauty of cinematic virtual worlds in their Personal Computers (PC), Laptop, and other tools. The increasing technology of GPUs can influence the world of gaming, eSports, Film, and others which attracts hundreds of millions of viewers to watch top-quality graphics.
Operationally, NVIDIA still has a primary office in Santa Clara, California, United States. Along with business development, more than 40,000 companies use NVIDIA AI technologies. Some of the products of NVIDIA, namely NVIDIA OmniverseTM platform, RTX (Professional Visualization), CUDA, GeForce, NVIDIA DRIVE Hyperion platform (Automotive). As of 2023, Commonly, NVIDIA has two business segments.
- The Compute & Networking segment includes Data Center accelerated computing platform; networking; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; electric vehicle computing platforms; Jetson for robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and cryptocurrency mining processors, or CMP.
- The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU, or vGPU, software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse Enterprise software for building and operating metaverse and 3D internet applications.
Based on the financial condition of NVIDIA, this company has stable and growth in financial positions. Financially, it can be tracked down from in the year of 2000 to 2022.
The Assets, Liabilities, and Equities of NVIDIA Corporation from 2000 to 2022
| Years | Assets | Liabilities | Equities |
|---|---|---|---|
| USD ($) Million | USD ($) Million | USD ($) Million | |
| 2022 | 41,182 | 19,081 | 22,101 |
| 2021 | 44,187 | 17,575 | 26,612 |
| 2020 | 28,791 | 11,898 | 16,893 |
| 2019 | 17,315 | 5,111 | 12,204 |
| 2018 | 13,292 | 3,950 | 9,342 |
| 2017 | 11,241 | 3,770 | 7,471 |
| 2016 | 9,841 | 4,048 | 5,793 |
| 2015 | 7,370 | 2,814 | 4,556 |
| 2014 | 7,201 | 2,784 | 4,417 |
| 2013 | 7,250 | 2,794 | 4,456 |
| 2012 | 6,412 | 1,585 | 4,827 |
| 2011 | 5,552 | 1,407 | 4,145 |
| 2010 | 4,495 | 1,314 | 3,181 |
| 2009 | 3,585 | 920 | 2,665 |
| 2008 | 3,350 | 956 | 2,394 |
| 2007 | 3,747 | 1,130 | 2,617 |
| 2006 | 2,675 | 669 | 2,006 |
| 2005 | 1,954 | 459 | 1,495 |
| 2004 | 1,628 | 450 | 1,178 |
| 2003 | 1,399 | 348 | 1,051 |
| 2002 | 1,617 | 685 | 932 |
| 2001 | 1,503 | 740 | 763 |
| 2000 | 1,016 | 609 | 407 |
| Source : NVIDIA Annual Report,2002-2023 | |||
In the year of 2000, the assets of NVIDIA Corporation were just $ 1,016 million but after more than 20 years, exactly in 2022, the assets of NVIDIA reached $ 41,182 million. Overall, the assets have grown 40 times in the last 20 years. Furthermore, the equities are also in good condition with growth value from $ 407 million in 2000 and has become 22,101 in the year of 2022.
The Revenue and Net Income of NVIDIA Corporation from 2000 to 2022
| Years | Revenue | Net Income |
|---|---|---|
| USD ($) Million | USD ($) Million | |
| 2022 | 26,974 | 4,368 |
| 2021 | 26,914 | 9,752 |
| 2020 | 16,675 | 4,332 |
| 2019 | 10,918 | 2,796 |
| 2018 | 11,716 | 4,141 |
| 2017 | 9,714 | 3,047 |
| 2016 | 6,910 | 1,666 |
| 2015 | 5,010 | 614 |
| 2014 | 4,682 | 631 |
| 2013 | 4,130 | 439 |
| 2012 | 4,280 | 562 |
| 2011 | 3,997 | 581 |
| 2010 | 3,543 | 253 |
| 2009 | 3,326 | -67 |
| 2008 | 3,424 | -30 |
| 2007 | 4,097 | 797 |
| 2006 | 3,068 | 448 |
| 2005 | 2,375 | 301 |
| 2004 | 2,010 | 88 |
| 2003 | 1,822 | 74 |
| 2002 | 1,909 | 90 |
| 2001 | 1,369 | 176 |
| 2000 | 735 | 98 |
| Source : NVIDIA Annual Report,2002-2023 | ||
Financial stability also has positively correlated with business performance. This company will sustainably grow from 2000 to 2022. In the year of 2002, the revenue of NVIDIA was just USD 735 million with net income around USD 98 million. Meanwhile, after more than 20 years, the revenue of NVIDIA in 2022 reached $ 26,974 million with net income reaching $ 4,368 million. Based on its history, NVIDIA just suffered net losses in 2008 and 2009. In these years, they lost – 30 million in 2008 and -67 million in 2009.
The Source of Revenue of NVIDIA
| Revenue by Business Segments | |||
|---|---|---|---|
| Source of Revenue | 2022 | 2021 | 2020 |
| USD ($) Million | USD ($) Million | USD ($) Million | |
| Data Center | 15,005 | 10,613 | 6,696 |
| Gaming | 9,067 | 12,462 | 7,759 |
| Professional Visualization | 1,544 | 2,111 | 1,053 |
| Automotive | 903 | 566 | 536 |
| OEM & Other | 455 | 1,162 | 631 |
| Source : NVIDIA Annual Report, 2023 | |||
| Revenue by geographic region | |||
| Source of Revenue | 2022 | 2021 | 2020 |
| USD ($) Million | USD ($) Million | USD ($) Million | |
| United States of America | 8,292 | 4,349 | 3,214 |
| Taiwan | 6,986 | 8,544 | 4,531 |
| China | 5,785 | 7,111 | 3,886 |
| Other Countries | 5,911 | 6,910 | 5,044 |
| Source : NVIDIA Annual Report, 2023 | |||
According to the NVIDIA Annual Report from 2020, 2021, and 2022, the source revenue of NVIDIA came from some business segments. The source of NVIDIA came from Data Center, Gaming, Professional Visualization, Automotive, OEM & Other. Specifically, Data Center and Gaming still become the major sources of revenue of NVIDIA according to Annual Report of NVIDIA in 2020,2021, and 2022. In the year of 2022, Data centre contributed USD 15 billion to NVIDIA, Meanwhile Gaming contributed USD 9 billion.
In the geographical regions, the revenue of NVIDIA came from several countries. These countries include the United States of America, China (including Hong Kong), and Taiwan. Specifically, in the year 2022, the United States of America (USA) contributed USD 8,292 million, Taiwan contributed USD 6,986 million, and China (including Hong Kong) contributed USD 5,785 million.
With the huge development of NVIDIA from time to time, many investors are attracted to invest in this company. According to Yahoo Finance, Some of the company that has biggest share of ownership in NVIDIA are Vanguard Group Inc with 201,392,728 of shares or 8.15% of total ownership, followed by Blackrock Inc. with 182,096,923 (7.37%), FMR, LLC with 131,491,181 (5.32%), State Street Corporation 91,510,810 (3.70%), and Price (T.Rowe) Associates Inc 54,723,581 (2.22%).
Bibliography of NVIDIA Corporation Financial Performance from Time to Time
NVIDIA Corporation. 2023. Annual Report 2002-2022. Accessed via https://investor.nvidia.com/financial-info/sec-filings/default.aspx on September 3rd, 2023.
NVIDIA Corporation. 2023. NVIDIA Corporation (NVDIA). Accessed via https://finance.yahoo.com/quote/NVDA/holders/ on September 3rd, 2023.
