NVIDIA Corporation

Name: NVIDIA Corporation financial statements and ratios
Creator: Annalist

NVDA · Nasdaq · Technology, semiconductors · United States · US GAAP · Fiscal year ends January

Latest report: Q2 FY2027, the quarter ended 26 July 2026, released 26 August 2026. Snapshot FY2027Q2_e1bacf41.

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Overview

Revenue, quarter

+106% year on year

Operating income, quarter

+124% year on year

Net income, quarter

+126% year on year

Diluted EPS, quarter

+128% year on year

Operating margin, last 4 quarters

+7.1pp year on year

Return on equity, last 4 quarters

+7.8pp year on year

Select a figure to see the document it came from.

Key Findings

Findings for the latest quarter, with their history over earlier quarters.

Revenue for the quarter ended 26 July 2026 was US$96.2 billion, 105.9% higher than in the same quarter a year earlier.
Strengthenedin Q2 FY2027 · stated since Q2 FY2025
Rule: Revenue against a year earlier · Sources 10-Q 2026-07
History of this finding, 9 records
1. Q2 FY2027 StrengthenedRevenue for the quarter ended 26 July 2026 was US$96.2 billion, 105.9% higher than in the same quarter a year earlier.Recorded from FY2027Q2_c8cca59e · data update
2. Q1 FY2027 StrengthenedRevenue for the quarter ended 26 April 2026 was US$81.6 billion, 85.2% higher than in the same quarter a year earlier.Reconstructed · data update
3. Q4 FY2026 StrengthenedRevenue for the quarter ended 25 January 2026 was US$68.1 billion, 73.2% higher than in the same quarter a year earlier.Reconstructed · data update
4. Q3 FY2026 StrengthenedRevenue for the quarter ended 26 October 2025 was US$57.0 billion, 62.5% higher than in the same quarter a year earlier.Reconstructed · data update
5. Q2 FY2026 WeakenedRevenue for the quarter ended 27 July 2025 was US$46.7 billion, 55.6% higher than in the same quarter a year earlier.Reconstructed · data update
6. Q1 FY2026 WeakenedRevenue for the quarter ended 27 April 2025 was US$44.1 billion, 69.2% higher than in the same quarter a year earlier.Reconstructed · data update
7. Q4 FY2025 WeakenedRevenue for the quarter ended 26 January 2025 was US$39.3 billion, 77.9% higher than in the same quarter a year earlier.Reconstructed · data update
8. Q3 FY2025 WeakenedRevenue for the quarter ended 27 October 2024 was US$35.1 billion, 93.6% higher than in the same quarter a year earlier.Reconstructed · data update
9. Q2 FY2025 NewRevenue for the quarter ended 28 July 2024 was US$30.0 billion, 122.4% higher than in the same quarter a year earlier.Reconstructed · initial
Net income attributable to the company was US$59.7 billion, 125.9% higher than in the same quarter a year earlier.
Weakenedin Q2 FY2027 · stated since Q2 FY2025
Rule: Net income against a year earlier · Sources 10-Q 2026-07
History of this finding, 9 records
1. Q2 FY2027 WeakenedNet income attributable to the company was US$59.7 billion, 125.9% higher than in the same quarter a year earlier.Recorded from FY2027Q2_c8cca59e · data update
2. Q1 FY2027 StrengthenedNet income attributable to the company was US$58.3 billion, 210.6% higher than in the same quarter a year earlier.Reconstructed · data update
3. Q4 FY2026 StrengthenedNet income attributable to the company was US$43.0 billion, 94.5% higher than in the same quarter a year earlier.Reconstructed · data update
4. Q3 FY2026 StrengthenedNet income attributable to the company was US$31.9 billion, 65.3% higher than in the same quarter a year earlier.Reconstructed · data update
5. Q2 FY2026 StrengthenedNet income attributable to the company was US$26.4 billion, 59.2% higher than in the same quarter a year earlier.Reconstructed · data update
6. Q1 FY2026 WeakenedNet income attributable to the company was US$18.8 billion, 26.2% higher than in the same quarter a year earlier.Reconstructed · data update
7. Q4 FY2025 WeakenedNet income attributable to the company was US$22.1 billion, 79.8% higher than in the same quarter a year earlier.Reconstructed · data update
8. Q3 FY2025 WeakenedNet income attributable to the company was US$19.3 billion, 108.9% higher than in the same quarter a year earlier.Reconstructed · data update
9. Q2 FY2025 NewNet income attributable to the company was US$16.6 billion, 168.2% higher than in the same quarter a year earlier.Reconstructed · initial
The operating margin over the last 4 quarters was 65.2%, 7.1 percentage points higher than a year earlier.
Strengthenedin Q2 FY2027 · stated since Q1 FY2027
Rule: Operating margin against a year earlier · Sources 10-Q 2025-10, 10-K 2026-01, 10-Q 2026-04 and 1 more
History of this finding, 11 records
1. Q2 FY2027 StrengthenedThe operating margin over the last 4 quarters was 65.2%, 7.1 percentage points higher than a year earlier.Recorded from FY2027Q2_c8cca59e · data update
2. Q1 FY2027 NewThe operating margin over the last 4 quarters was 64.0%, 6.0 percentage points higher than a year earlier.Reconstructed · data update
3. Q1 FY2027 RetiredThe finding changed to higher than a year earlier.Reconstructed · data update
4. Q4 FY2026 WeakenedThe operating margin over the last 4 quarters was 60.4%, 2.0 percentage points lower than a year earlier.Reconstructed · data update
5. Q3 FY2026 ConfirmedThe operating margin over the last 4 quarters was 58.8%, 3.9 percentage points lower than a year earlier.Reconstructed · data update
6. Q2 FY2026 StrengthenedThe operating margin over the last 4 quarters was 58.1%, 3.8 percentage points lower than a year earlier.Reconstructed · data update
7. Q1 FY2026 NewThe operating margin over the last 4 quarters was 58.0%, 1.8 percentage points lower than a year earlier.Reconstructed · data update
8. Q1 FY2026 RetiredThe finding changed to lower than a year earlier.Reconstructed · data update
9. Q4 FY2025 WeakenedThe operating margin over the last 4 quarters was 62.4%, 8.3 percentage points higher than a year earlier.Reconstructed · data update
10. Q3 FY2025 WeakenedThe operating margin over the last 4 quarters was 62.7%, 16.8 percentage points higher than a year earlier.Reconstructed · data update
11. Q2 FY2025 NewThe operating margin over the last 4 quarters was 61.9%, 28.8 percentage points higher than a year earlier.Reconstructed · initial
Return on equity over the last 4 quarters was 117.2%, against 109.4% a year earlier.
Newin Q2 FY2027 · first stated
Rule: Return on equity against a year earlier · Sources 10-Q 2025-07, 10-Q 2026-07, 10-Q 2025-10 and 3 more
History of this finding, 11 records
1. Q2 FY2027 NewReturn on equity over the last 4 quarters was 117.2%, against 109.4% a year earlier.Recorded from FY2027Q2_c8cca59e · data update
2. Q2 FY2027 RetiredThe finding changed to higher than a year earlier.Recorded from FY2027Q2_c8cca59e · data update
3. Q1 FY2027 WeakenedReturn on equity over the last 4 quarters was 114.3%, against 115.5% a year earlier.Reconstructed · data update
4. Q4 FY2026 WeakenedReturn on equity over the last 4 quarters was 101.5%, against 119.2% a year earlier.Reconstructed · data update
5. Q3 FY2026 StrengthenedReturn on equity over the last 4 quarters was 107.4%, against 127.2% a year earlier.Reconstructed · data update
6. Q2 FY2026 StrengthenedReturn on equity over the last 4 quarters was 109.4%, against 123.8% a year earlier.Reconstructed · data update
7. Q1 FY2026 NewReturn on equity over the last 4 quarters was 115.5%, against 115.7% a year earlier.Reconstructed · data update
8. Q1 FY2026 RetiredThe finding changed to lower than a year earlier.Reconstructed · data update
9. Q4 FY2025 WeakenedReturn on equity over the last 4 quarters was 119.2%, against 91.5% a year earlier.Reconstructed · data update
10. Q3 FY2025 WeakenedReturn on equity over the last 4 quarters was 127.2%, against 69.2% a year earlier.Reconstructed · data update
11. Q2 FY2025 NewReturn on equity over the last 4 quarters was 123.8%, against 40.2% a year earlier.Reconstructed · initial
Free cash flow over the last 4 quarters was US$127.0 billion, and operating cash flow was 0.7 times net income attributable to the company.
Interpretation. Operating cash flow paid for all capital expenditure, and the rest is free for dividends, share buybacks or debt repayment.
Strengthenedin Q2 FY2027 · stated since Q2 FY2025
Rule: Free cash flow · Sources 10-Q 2025-07, 10-Q 2025-10, 10-K 2026-01 and 2 more
History of this finding, 9 records
1. Q2 FY2027 StrengthenedFree cash flow over the last 4 quarters was US$127.0 billion, and operating cash flow was 0.7 times net income attributable to the company.Recorded from FY2027Q2_c8cca59e · data update
2. Q1 FY2027 StrengthenedFree cash flow over the last 4 quarters was US$119.1 billion, and operating cash flow was 0.8 times net income attributable to the company.Reconstructed · data update
3. Q4 FY2026 StrengthenedFree cash flow over the last 4 quarters was US$96.7 billion, and operating cash flow was 0.9 times net income attributable to the company.Reconstructed · data update
4. Q3 FY2026 StrengthenedFree cash flow over the last 4 quarters was US$77.3 billion, and operating cash flow was 0.8 times net income attributable to the company.Reconstructed · data update
5. Q2 FY2026 ConfirmedFree cash flow over the last 4 quarters was US$72.0 billion, and operating cash flow was 0.9 times net income attributable to the company.Reconstructed · data update
6. Q1 FY2026 StrengthenedFree cash flow over the last 4 quarters was US$72.1 billion, and operating cash flow was 1.0 times net income attributable to the company.Reconstructed · data update
7. Q4 FY2025 StrengthenedFree cash flow over the last 4 quarters was US$60.9 billion, and operating cash flow was 0.9 times net income attributable to the company.Reconstructed · data update
8. Q3 FY2025 StrengthenedFree cash flow over the last 4 quarters was US$56.5 billion, and operating cash flow was 0.9 times net income attributable to the company.Reconstructed · data update
9. Q2 FY2025 NewFree cash flow over the last 4 quarters was US$46.8 billion, and operating cash flow was 0.9 times net income attributable to the company.Reconstructed · initial
Net debt was US$10.9 billion at 26 July 2026, 0.1 times EBITDA over the last 4 quarters.
Newin Q2 FY2027 · first stated
Rule: Net debt or net cash · Sources 10-Q 2026-07, 10-Q 2025-07, 10-Q 2025-10 and 2 more
History of this finding, 10 records
1. Q2 FY2027 NewNet debt was US$10.9 billion at 26 July 2026, 0.1 times EBITDA over the last 4 quarters.Recorded from FY2027Q2_c8cca59e · data update
2. Q2 FY2027 RetiredThe finding changed to net debt.Recorded from FY2027Q2_c8cca59e · data update
3. Q1 FY2027 StrengthenedCash and short-term investments exceeded total debt by US$4.8 billion at 26 April 2026.Reconstructed · data update
4. Q4 FY2026 WeakenedCash and short-term investments exceeded total debt by US$2.1 billion at 25 January 2026.Reconstructed · data update
5. Q3 FY2026 StrengthenedCash and short-term investments exceeded total debt by US$52.1 billion at 26 October 2025.Reconstructed · data update
6. Q2 FY2026 StrengthenedCash and short-term investments exceeded total debt by US$48.3 billion at 27 July 2025.Reconstructed · data update
7. Q1 FY2026 StrengthenedCash and short-term investments exceeded total debt by US$45.2 billion at 27 April 2025.Reconstructed · data update
8. Q4 FY2025 StrengthenedCash and short-term investments exceeded total debt by US$34.7 billion at 26 January 2025.Reconstructed · data update
9. Q3 FY2025 StrengthenedCash and short-term investments exceeded total debt by US$30.0 billion at 27 October 2024.Reconstructed · data update
10. Q2 FY2025 NewCash and short-term investments exceeded total debt by US$26.3 billion at 28 July 2024.Reconstructed · initial

Records before Q2 FY2027 are reconstructed from the latest snapshot. Ledger: findings.json. Correction of 20 October 2026: The amortisation of intangible assets of NVIDIA for the third quarter of fiscal 2022 came from a 3-month figure of US$518 million that differs from the difference of its cumulative figures, US$143 million, which is now used. Share-based compensation and dividends of several quarters now come from one set of filings. Dividends per share of 6 fourth quarters derived from the figures of 2 filings are no longer published, among them minus 0.08 for fiscal 2021 and minus 0.104 for fiscal 2023. The first quarters of fiscal 2021 and 2024 now show the dividend after the stock splits, 0.04 and 0.004. Records 101 and 102 state the corrected findings. Records 7, 8, 19, 28, 42, 51, 83, 93, 94, 96, 97, 99 and 100 cite figures that the correction changed. Correction of 22 October 2026: Changes against a year earlier compared 2 figures of different bases where a stock split, a spin-off or a restatement came between the 2 periods. 5 growth values changed, among them diluted earnings per share growth for fiscal 2023, minus 95.6% before the correction and minus 54.8% on one basis. No finding states the changes concerned.

Credit, liquidity, earnings quality and score findings: Analysis.

Data

Source documents27 documents, latest Form 10-Q, period ended 26 July 2026List

DownloadsExcel workbook · JSON

SnapshotFY2027Q2_e1bacf41

Corporate Events

Stock split28 August 2024
The filing reported a stock split of 10 for 1.
Source 10-Q 2024-07
Stock split20 August 2021
The filing reported a stock split of 4 for 1.
Source 10-Q 2021-08
Acquisition27 April 2020
Completed the acquisition of Mellanox Technologies, Ltd.
Source 8-K 2020-04

Earnings, Returns and Balance Sheet

Revenue

By quarter, US dollars

Operating Income

By quarter, US dollars

Net Income Attributable to the Company

By quarter, US dollars

Margins

Last 4 quarters at each quarter end, per cent

Returns

Last 4 quarters, per cent

Free Cash Flow

Operating cash flow less capital expenditure, by quarter, US dollars

Net Debt

Total debt less cash and short-term investments, at quarter end, US dollars

Diluted Earnings per Share

By quarter, as reported

Financial Statements

Figures as filed. Select a figure for its source document and method; a small d marks a quarter derived from cumulative reports.

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Ratios

Select a ratio for its formula and the figures it uses, each with its document; (i) gives its definition.

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Analysis

Credit update

Q2 FY2027

Form 10-Q, period ended 26 July 2026, filed 26 August 2026. Changes are against the previous report, and each figure shows its period.

6changes2thresholds crossed

Changes in This Report 6

StrengthenedRevenue Against a Year Earlier10-Q 2026-07
Revenue for the quarter ended 26 July 2026 was US$96.2 billion, 105.9% higher than in the same quarter a year earlier.
Earlier record, Q1 FY2027
Revenue for the quarter ended 26 April 2026 was US$81.6 billion, 85.2% higher than in the same quarter a year earlier.
WeakenedNet Income Against a Year Earlier10-Q 2026-07
Net income attributable to the company was US$59.7 billion, 125.9% higher than in the same quarter a year earlier.
Earlier record, Q1 FY2027
Net income attributable to the company was US$58.3 billion, 210.6% higher than in the same quarter a year earlier.
StrengthenedOperating Margin Against a Year Earlier10-Q 2026-07
The operating margin over the last 4 quarters was 65.2%, 7.1 percentage points higher than a year earlier.
Earlier record, Q1 FY2027
The operating margin over the last 4 quarters was 64.0%, 6.0 percentage points higher than a year earlier.
NewReturn on Equity Against a Year Earlier10-Q 2026-07
Return on equity over the last 4 quarters was 117.2%, against 109.4% a year earlier.
Earlier record, Q1 FY2027
Return on equity over the last 4 quarters was 114.3%, against 115.5% a year earlier.

2 more changes

StrengthenedFree Cash Flow10-Q 2026-07
Free cash flow over the last 4 quarters was US$127.0 billion, and operating cash flow was 0.7 times net income attributable to the company.
Earlier record, Q1 FY2027
Free cash flow over the last 4 quarters was US$119.1 billion, and operating cash flow was 0.8 times net income attributable to the company.
NewNet Debt or Net Cash10-Q 2026-07
Net debt was US$10.9 billion at 26 July 2026, 0.1 times EBITDA over the last 4 quarters.
Earlier record, Q1 FY2027
Cash and short-term investments exceeded total debt by US$4.8 billion at 26 April 2026.

Thresholds Crossed 2

ConfirmedCash Backing of Earnings
Net income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 25.4% of average total assets.
Interpretation. Part of the profit has not come in as cash yet: net income was larger than operating cash flow. Profit made of accounting entries tends to repeat less than profit backed by cash (Sloan, 1996).
WeakenedBeneish M-score Against Its Threshold
The Beneish M-score for fiscal 2026 was minus 1.17, above the model threshold of minus 1.78.
Interpretation. The accounts show the patterns that Beneish (1999) found in companies that manipulated their earnings. Fast sales growth alone can push the score above minus 1.78.

Fiscal years and the latest quarter, with flows over the last 4 quarters and balances at the quarter end. Select a value for its formula and the figures it uses.

Credit MetricsDebt to EBITDA 0.19x, FFO to debt 442% · Q2 FY2027

Lease-adjusted debt, EBITDA and cash flow on the definitions of S&P and Moody's, as far as the filings allow.

Lease-adjusted debt was 0.2 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 441.7% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.
Interpretation. Debt to EBITDA shows how many years of EBITDA the debt equals, and FFO to debt the share of the debt that 1 year of cash flow after interest and taxes would repay. The S&P table sorts both into 6 bands; the minimal band is number 1 of 6, and a higher number means more debt against earnings.
Confirmedin Q2 FY2027 · stated since Q2 FY2025
Rule: Debt against the S&P benchmark bands · Sources 10-Q 2026-07, 10-Q 2025-07, 10-Q 2025-10 and 2 more
History of this finding, 12 records
1. Q2 FY2027 ConfirmedLease-adjusted debt was 0.2 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 441.7% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Recorded from FY2027Q2_cacf5a4b · correction
2. Q2 FY2027 ConfirmedLease-adjusted debt was 0.2 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 441.7% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Recorded from FY2027Q2_4b9abbf8 · methodology
3. Q2 FY2027 ConfirmedLease-adjusted debt was 0.2 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 441.7% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Recorded from FY2027Q2_4b9abbf8 · methodology
4. Q2 FY2027 ConfirmedLease-adjusted debt was 0.2 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 441.7% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Recorded from FY2027Q2_c8cca59e · data update
5. Q1 FY2027 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 1,113.0% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
6. Q4 FY2026 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 1,036.9% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
7. Q3 FY2026 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 940.6% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
8. Q2 FY2026 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 849.0% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
9. Q1 FY2026 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 793.6% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
10. Q4 FY2025 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 749.3% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
11. Q3 FY2025 ConfirmedLease-adjusted debt was 0.1 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 658.5% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · data update
12. Q2 FY2025 NewLease-adjusted debt was 0.2 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 571.2% of that debt. Both ratios are within the minimal band of the S&P standard volatility table.Reconstructed · initial

Position in the S&P Standard Volatility Table, Last 4 Quarters to Q2 FY2027

S&P sorts companies into 6 bands by debt against earnings and cash flow, from the least debt to the most.

Debt equals 0.2 years of adjusted EBITDA; a year of funds from operations equals 441.7% of it.

Band	Minimal	Modest	Intermediate	Significant	Aggressive	Highly leveraged
Debt to EBITDA	0.19xbelow 1.5x	1.5x to 2x	2x to 3x	3x to 4x	4x to 5x	5x and above
FFO to debt	442%60% and above	45% to 60%	30% to 45%	20% to 30%	12% to 20%	below 12%

By Fiscal Year

Ratio	FY202230 Jan 2022	FY202329 Jan 2023	FY202428 Jan 2024	FY202526 Jan 2025	FY202625 Jan 2026	Q2 FY2027latest quarter
Lease-adjusted debtBorrowings plus the obligations of long-term leases, such as rents of stores, offices and warehouses, which credit analysts count as debt.Total debt + operating lease liabilities
Adjusted EBITDAOperating profit before depreciation, amortisation, goodwill impairment, pay in shares and lease costs: the earnings that credit analysts set against lease-adjusted debt.EBIT + depreciation and amortisation + goodwill impairment + share-based compensation + operating lease cost
Funds from operationsAdjusted EBITDA less interest and tax paid in cash: the cash the business produces each year for investment, dividends and debt repayment.Adjusted EBITDA - cash interest - lease interest - cash taxes
Debt to EBITDALease-adjusted debt measured in years of adjusted EBITDA. A figure of 3 means debt equals 3 years of those earnings; a lower figure means less debt against earnings.Lease-adjusted debt / adjusted EBITDA	minimal	minimal	minimal	minimal	minimal	minimal
FFO to debtFunds from operations as a share of lease-adjusted debt. A figure of 25% means a year of those funds equals a quarter of the debt; a higher figure means less debt.Funds from operations / lease-adjusted debt	minimal	modest	minimal	minimal	minimal	minimal
Net debt to adjusted EBITDADebt to EBITDA after cash and short-term investments are set against the debt.(Lease-adjusted debt - cash - short-term investments) / adjusted EBITDA
Operating cash flow to debtOperating cash flow, with lease costs added back, as a share of lease-adjusted debt. A higher share means the debt could be repaid sooner from operating cash.Lease-adjusted operating cash flow / lease-adjusted debt
Free operating cash flow to debtOperating cash flow less capital spending, as a share of lease-adjusted debt: the cash left for the debt after the company maintains and expands its assets.(Lease-adjusted operating cash flow - capital expenditure) / lease-adjusted debt
Discretionary cash flow to debtCash left after capital spending, dividends and share repurchases, as a share of lease-adjusted debt. A negative figure means the company paid out more than it generated.(Lease-adjusted operating cash flow - capital expenditure - dividends - repurchases of common stock) / lease-adjusted debt
Retained cash flow to net debtFunds from operations left after dividends, as a share of debt net of cash.(FFO - dividends) / (lease-adjusted debt - cash - short-term investments)	n/a	n/a	n/a	n/a
FFO cash interest coverThe number of times cash earnings cover cash interest, lease interest included.(FFO + cash interest + lease interest) / (cash interest + lease interest)
EBITDA interest coverThe number of times adjusted EBITDA covers interest, lease interest included.Adjusted EBITDA / (interest expense + lease interest)
EBITA interest coverOperating profit before the amortisation of acquired intangible assets and goodwill impairment, divided by interest expense.(EBIT + amortisation of intangible assets + goodwill impairment) / interest expense
Liquid assets to debtCash and short-term investments as a share of lease-adjusted debt: the part of the debt that cash on hand could repay at once.(Cash + short-term investments) / lease-adjusted debt

Reconciliation of the Credit Figures

Item	FY202230 Jan 2022	FY202329 Jan 2023	FY202428 Jan 2024	FY202526 Jan 2025	FY202625 Jan 2026	Q2 FY2027latest quarter
Total debt	$10.9bn	$11.0bn	$9.7bn	$8.5bn	$8.5bn	$33.4bn
Operating lease liabilities	$885m	$1.1bn	$1.3bn	$1.8bn	$2.9bn	$5.5bn
Lease-adjusted debt	$11.8bn	$12.0bn	$11.1bn	$10.3bn	$11.4bn	$38.9bn
EBIT	$10.0bn	$4.2bn	$33.0bn	$81.5bn	$130bn	$198bn
Depreciation and amortisation	$1.2bn	$1.5bn	$1.5bn	$1.9bn	$2.8bn	$3.7bn
Goodwill impairment	$0	$0	$0	$0	$0	$0
Share-based compensation	$2.0bn	$2.7bn	$3.5bn	$4.7bn	$6.4bn	$7.2bn
Operating lease cost	$168m	$193m	$269m	$356m	$462m	$631m
Adjusted EBITDA	$13.4bn	$8.7bn	$38.3bn	$88.4bn	$140bn	$209bn
Cash interest	−$246m	−$254m	−$252m	−$246m	−$259m	−$463m
Lease interest	−$20.6m	−$31.5m	−$45.6m	−$65.6m	−$104m	−$179m
Cash taxes	−$396m	−$1.4bn	−$6.5bn	−$15.1bn	−$20.3bn	−$36.9bn
Funds from operations	$12.7bn	$7.0bn	$31.5bn	$73.0bn	$119bn	$172bn

Method

Lease-adjusted debt is total debt plus operating lease liabilities, before the deduction of cash. Adjusted EBITDA adds goodwill impairment, share-based compensation and operating lease cost to EBIT and depreciation and amortisation; restructuring and litigation charges, other impairments and profits on disposals stay in EBIT. FFO deducts cash interest, lease interest and cash taxes.
Lease interest is the average operating lease liability times the weighted average discount rate of the leases, or the implied cost of debt where the rate is not reported.
S&P applies its table to its own adjusted figures, which also deduct surplus cash and adjust for pensions and other items, so the band of an S&P calculation can differ.

Liquidity and MaturitiesLiquidity cover 10.36x, Debt due within 12 months $1.0bn · Q2 FY2027

Cash and operating cash flow against debt due within 12 months, capital expenditure and dividends.

Cash, short-term investments and operating cash flow over the last 4 quarters equalled 10.4 times the sum of debt due within 12 months, capital expenditure and dividends.
Interpretation. Cash on hand and 1 year of operating cash flow pay for the debt due in the next 12 months, capital expenditure and dividends, without new borrowing. Undrawn credit lines are not counted.
Confirmedin Q2 FY2027 · stated since Q2 FY2025
Rule: Liquidity cover · Sources 10-Q 2026-07, 10-Q 2025-07, 10-Q 2025-10 and 2 more
History of this finding, 11 records
1. Q2 FY2027 ConfirmedCash, short-term investments and operating cash flow over the last 4 quarters equalled 10.4 times the sum of debt due within 12 months, capital expenditure and dividends.Recorded from FY2027Q2_cacf5a4b · correction
2. Q2 FY2027 ConfirmedCash, short-term investments and operating cash flow over the last 4 quarters equalled 10.4 times the sum of debt due within 12 months, capital expenditure and dividends.Recorded from FY2027Q2_4b9abbf8 · methodology
3. Q2 FY2027 ConfirmedCash, short-term investments and operating cash flow over the last 4 quarters equalled 10.4 times the sum of debt due within 12 months, capital expenditure and dividends.Recorded from FY2027Q2_4b9abbf8 · methodology
4. Q2 FY2027 WeakenedCash, short-term investments and operating cash flow over the last 4 quarters equalled 10.4 times the sum of debt due within 12 months, capital expenditure and dividends.Recorded from FY2027Q2_c8cca59e · data update
5. Q1 FY2027 StrengthenedCash, short-term investments and operating cash flow over the last 4 quarters equalled 16.3 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · data update
6. Q4 FY2026 WeakenedCash, short-term investments and operating cash flow over the last 4 quarters equalled 14.1 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · data update
7. Q3 FY2026 WeakenedCash, short-term investments and operating cash flow over the last 4 quarters equalled 18.4 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · data update
8. FY2025 ConfirmedCash, short-term investments and operating cash flow for fiscal 2025 equalled 26.4 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · data update
9. Q4 FY2025 WeakenedCash, short-term investments and operating cash flow over the last 4 quarters equalled 26.4 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · data update
10. Q3 FY2025 ConfirmedCash, short-term investments and operating cash flow over the last 4 quarters equalled 31.4 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · data update
11. Q2 FY2025 NewCash, short-term investments and operating cash flow over the last 4 quarters equalled 34.5 times the sum of debt due within 12 months, capital expenditure and dividends.Reconstructed · initial

Sources and Uses, Last 4 Quarters to Q2 FY2027

Sources	Amount
Cash and short-term investments	$22.4bn
Operating cash flow	$134bn
Sources	$157bn

Uses	Amount
Debt due within 12 months	$1.0bn
Capital expenditure	$7.4bn
Dividends paid	$6.8bn
Uses	$15.1bn

Liquidity cover 10.4x

By Fiscal Year

Ratio	FY202230 Jan 2022	FY202329 Jan 2023	FY202428 Jan 2024	FY202526 Jan 2025	FY202625 Jan 2026	Q2 FY2027latest quarter
Liquidity coverCash on hand plus a year of operating cash flow, against the cash needed in the next 12 months for maturing debt, capital spending and dividends. Above 1, these sources cover the uses without new borrowing.(Cash + short-term investments + operating cash flow) / (debt due within 12 months + capital expenditure + dividends); the flows of the fiscal year or of the last 4 quarters are taken as those of the next 12 months, and undrawn facilities are not included
Debt due within 12 monthsBorrowings due within the next 12 months, which the company must repay or refinance.The larger of long-term debt maturing within 12 months in the maturity schedule and the current portion of long-term debt, + short-term borrowings

Method

Debt due within 12 months is the larger of the first year of the maturity schedule and the current portion of long-term debt, plus short-term borrowings. The schedule of a quarterly report can cover the rest of the fiscal year only and leaves out finance leases.
Capital expenditure and dividends of the fiscal year, or of the last 4 quarters, are taken as those of the next 12 months. Undrawn credit facilities are not included.

Earnings QualityEarnings above cash flowCash-flow accruals 25.4%, Operating cash flow to EBITDA 0.67x · Q2 FY2027

Accruals and the cash backing of reported earnings.

Net income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 25.4% of average total assets.
Interpretation. Part of the profit has not come in as cash yet: net income was larger than operating cash flow. Profit made of accounting entries tends to repeat less than profit backed by cash (Sloan, 1996).
Confirmedin Q2 FY2027 · stated since Q2 FY2025
Rule: Cash backing of earnings · Sources 10-Q 2025-07, 10-Q 2026-07, 10-Q 2025-10 and 2 more
History of this finding, 10 records
1. Q2 FY2027 ConfirmedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 25.4% of average total assets.Recorded from FY2027Q2_4b9abbf8 · methodology
2. Q2 FY2027 StrengthenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 25.4% of average total assets.Recorded from FY2027Q2_c8cca59e · data update
3. Q1 FY2027 StrengthenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 17.7% of average total assets.Reconstructed · data update
4. Q4 FY2026 WeakenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 10.9% of average total assets.Reconstructed · data update
5. Q3 FY2026 StrengthenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 12.5% of average total assets.Reconstructed · data update
6. Q2 FY2026 StrengthenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 8.5% of average total assets.Reconstructed · data update
7. Q1 FY2026 WeakenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 0.6% of average total assets.Reconstructed · data update
8. Q4 FY2025 StrengthenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 9.9% of average total assets.Reconstructed · data update
9. Q3 FY2025 WeakenedNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 5.5% of average total assets.Reconstructed · data update
10. Q2 FY2025 NewNet income attributable to the company over the last 4 quarters exceeded operating cash flow by an amount equal to 6.4% of average total assets.Reconstructed · initial

Net Income and Operating Cash Flow

Last 4 quarters at each quarter end, US dollars

By Fiscal Year

Ratio	FY202230 Jan 2022	FY202329 Jan 2023	FY202428 Jan 2024	FY202526 Jan 2025	FY202625 Jan 2026	Q2 FY2027latest quarter
Cash-flow accrualsNet income less operating cash flow, against average assets: the part of profit not received in cash in the same period. Research associates high accruals with lower earnings in later years; a negative figure means cash exceeded profit.(Net income attributable to the company - operating cash flow) / average total assets
Balance sheet accrualsThe same gap between profit and cash, measured from the changes in the balance sheet (Sloan, 1996).[(Change in current assets - change in cash) - (change in current liabilities - change in short-term debt - change in taxes payable) - depreciation and amortisation] / average total assets (Sloan, 1996)
Total accrualsAccruals that also cover long-term operating and financial assets and liabilities (Richardson, Sloan, Soliman and Tuna, 2005). Acquisitions raise the figure.Change in net operating working capital, net non-current operating assets and net financial assets / average total assets (Richardson, Sloan, Soliman and Tuna, 2005)
Operating cash flow to EBITDAOperating cash flow against EBITDA: the part of operating profit before depreciation that turns into cash after interest, tax and changes in stock, receivables and payables.Operating cash flow / (operating income + depreciation and amortisation)
Free cash flow to net incomeFree cash flow against net income. Below 1, investment and working capital take up part of the profit.(Operating cash flow - capital expenditure) / net income attributable to the company
Working capital investment to revenueCash put into receivables and stock, less extra credit from suppliers and customers, as a share of revenue. A positive figure means growth or slower collection uses cash.(Increase in receivables + increase in inventories - increase in payables - increase in contract liabilities) / revenue

Method

Cash-flow accruals are net income attributable to the company less operating cash flow, over average total assets. Balance sheet accruals follow Sloan (1996) and total accruals Richardson, Sloan, Soliman and Tuna (2005).
Balance sheet and total accruals include the assets and liabilities that acquisitions bring in and disposals take out; cash-flow accruals exclude them.

Forensic and Distress ScoresBeneish above thresholdAltman Z'' 12.85, Beneish −1.17 · Piotroski 4 of 9 · Last 4 quarters 12.17 at Q2 FY2027 · FY2026

Published distress and misstatement models, with their original coefficients and thresholds.

The Altman Z'' score for fiscal 2026 was 12.85, above the safe threshold of 2.60.
Interpretation. By this model, the balance sheet and earnings look like those of companies that did not go bankrupt in its original study: above 2.60 means safe, below 1.10 distress.
Weakenedin FY2026 · stated since FY2024
Rule: Altman Z'' zone · Sources 10-Q 2026-07, 10-K 2026-01
History of this finding, 3 records
1. FY2026 WeakenedThe Altman Z'' score for fiscal 2026 was 12.85, above the safe threshold of 2.60.Reconstructed · data update
2. FY2025 StrengthenedThe Altman Z'' score for fiscal 2025 was 13.12, above the safe threshold of 2.60.Reconstructed · data update
3. FY2024 NewThe Altman Z'' score for fiscal 2024 was 10.20, above the safe threshold of 2.60.Reconstructed · initial
The Beneish M-score for fiscal 2026 was minus 1.17, above the model threshold of minus 1.78.
Interpretation. The accounts show the patterns that Beneish (1999) found in companies that manipulated their earnings. Fast sales growth alone can push the score above minus 1.78.
Weakenedin FY2026 · stated since FY2024
Rule: Beneish M-score against its threshold · Sources 10-K 2026-01, 10-Q 2026-07
History of this finding, 3 records
1. FY2026 WeakenedThe Beneish M-score for fiscal 2026 was minus 1.17, above the model threshold of minus 1.78.Reconstructed · data update
2. FY2025 StrengthenedThe Beneish M-score for fiscal 2025 was minus 0.96, above the model threshold of minus 1.78.Reconstructed · data update
3. FY2024 NewThe Beneish M-score for fiscal 2024 was minus 1.13, above the model threshold of minus 1.78.Reconstructed · initial
The Piotroski F-score for fiscal 2026 was 4 of 9. The 5 signals not met were return on assets higher than a year earlier, operating cash flow above net income, current ratio higher than a year earlier, margin higher than a year earlier and asset turnover higher than a year earlier.
Interpretation. The score counts how many of 9 tests of profit, debt, liquidity and efficiency the company passes. A score of 4 to 6 is the middle group: Piotroski (2000) placed 7 to 9 in the strongest group and 0 to 3 in the weakest.
Newin FY2026 · first stated
Rule: Piotroski F-score · Sources 10-K 2025-01, 10-K 2026-01, 10-Q 2026-07
History of this finding, 4 records
1. FY2026 NewThe Piotroski F-score for fiscal 2026 was 4 of 9. The 5 signals not met were return on assets higher than a year earlier, operating cash flow above net income, current ratio higher than a year earlier, margin higher than a year earlier and asset turnover higher than a year earlier.Reconstructed · data update
2. Q4 FY2026 RetiredThe finding changed to a middle score.Reconstructed · data update
3. FY2025 ConfirmedThe Piotroski F-score for fiscal 2025 was 8 of 9. The signal not met was operating cash flow above net income.Reconstructed · data update
4. FY2024 NewThe Piotroski F-score for fiscal 2024 was 8 of 9. The signal not met was operating cash flow above net income.Reconstructed · initial

By Fiscal Year

Ratio	FY202230 Jan 2022	FY202329 Jan 2023	FY202428 Jan 2024	FY202526 Jan 2025	FY202625 Jan 2026	Q2 FY2027latest quarter
Altman Z'' scoreA measure of the risk of financial distress, built from working capital, retained earnings, operating profit and equity. Above 2.60 the model counts a company as safe and below 1.10 as in distress; between the 2 is a grey zone.6.56 x working capital / total assets + 3.26 x retained earnings / total assets + 6.72 x EBIT / total assets + 1.05 x total equity / total liabilities (Altman, 1995); distress zone below 1.10, safe zone above 2.60	safe zone	safe zone	safe zone	safe zone	safe zone	safe zone
Beneish M-scoreA screen for earnings manipulation, built from 8 changes in the accounts, such as receivables growing faster than sales. Above minus 1.78 the model groups a company with the companies in the Beneish sample that manipulated their earnings.-4.84 + 0.920 DSRI + 0.528 GMI + 0.404 AQI + 0.892 SGI + 0.115 DEPI - 0.172 SGAI + 4.679 TATA - 0.327 LVGI (Beneish, 1999); model threshold -1.78	above threshold	below threshold	above threshold	above threshold	above threshold	n/a
Dechow F-scoreThe probability of a material misstatement in the accounts, estimated from accruals, receivables, stock, cash sales, profitability and new financing, against the average. A score of 1 means average risk and 2 means twice the average.Predicted probability of a misstatement (model 1 of Dechow, Ge, Larson and Sloan, 2011) / 0.0037, the unconditional probability; 1 equals the base rate	n/a					n/a
Piotroski F-scoreA count of 9 yes or no tests on profitability, cash flow, debt, liquidity, new shares, margins and the use of assets. A score of 7 to 9 indicates improving strength and 0 to 3 indicates weakness.Number of 9 binary signals met on profitability, cash flow, debt, liquidity, equity issuance, margin and asset turnover (Piotroski, 2000)	n/a					n/a

Altman Z'' Score

fiscal 2026

A measure of the risk of financial distress, built from working capital, retained earnings, operating profit and equity. Above 2.60 the model counts a company as safe and below 1.10 as in distress; between the 2 is a grey zone.

Distress zone, below 1.10

Grey zone, 1.10 to 2.60

12.85Safe zone, above 2.60

The score of 12.85 is in the safe zone of the model, above 2.60. The largest part is operating profit, at 4.24.

Part	Value	Coefficient	Contribution
Working capital / total assetsCurrent assets less current liabilities, against total assets: the short-term funds available for operations.	0.452	6.560	2.964
Retained earnings / total assetsProfits kept in the business over its life, against total assets.	0.711	3.260	2.317
EBIT / total assetsOperating profit against total assets: the earning power of the assets.	0.630	6.720	4.237
Total equity / total liabilitiesBook equity against liabilities: how far the assets could fall in value before liabilities exceed them.	3.177	1.050	3.336
Score			12.854

Altman, Hartzell and Peck (1995), for non-manufacturing companies. The model omits the ratio of sales to total assets of the 1968 model and uses book equity. Working capital below zero and equity reduced by share repurchases lower the score.

Beneish M-score

fiscal 2026

A screen for earnings manipulation, built from 8 changes in the accounts, such as receivables growing faster than sales. Above minus 1.78 the model groups a company with the companies in the Beneish sample that manipulated their earnings.

Below the threshold, −1.78 and below

−1.17Above the threshold, above −1.78

The score of minus 1.17 is above the model threshold of minus 1.78. Of the 8 measures, sales growth raises the score most. The score is a screen; a conclusion requires a review of the accounts.

Part	Value	Coefficient	Contribution
Intercept			−4.840
Days sales in receivables indexReceivables against sales, against a year earlier. A rise can mean sales recorded before customers pay.	1.008	0.920	0.927
Gross margin indexGross margin a year earlier against the current gross margin. Above 1, margins fell, which the model treats as a risk factor.	1.055	0.528	0.557
Asset quality indexAssets other than current assets and property, plant and equipment, as a share of total assets, against a year earlier. A rise can mean more costs recorded as assets.	1.517	0.404	0.613
Sales growth indexSales against a year earlier. The model treats fast growth as a risk factor.	1.655	0.892	1.476
Depreciation indexThe rate of depreciation a year earlier against the current rate. Above 1, depreciation slowed, which raises profit.	0.913	0.115	0.105
Selling, general and administrative expenses indexOverheads against sales, against a year earlier.	0.793	−0.172	−0.136
Total accruals to total assetsNet income less operating cash flow, against total assets: profit not backed by cash. It carries the largest coefficient in the model.	0.084	4.679	0.393
Leverage indexDebt against total assets, against a year earlier.	0.807	−0.327	−0.264
Score			−1.169

Beneish (1999), estimated on 74 companies identified as earnings manipulators in SEC enforcement releases and the press for 1982 to 1992, against 2,332 Compustat companies. The model classes a score above minus 1.78 with the first group. An index whose inputs are not reported counts as 1.

Dechow F-score

fiscal 2026

The probability of a material misstatement in the accounts, estimated from accruals, receivables, stock, cash sales, profitability and new financing, against the average. A score of 1 means average risk and 2 means twice the average.

A score of 1.45 means a probability of a misstatement 1.45 times the average rate in the Dechow sample: 0.53% against 0.37%.

Part	Value	Coefficient	Contribution
Intercept			−7.893
Total accruals (Richardson, Sloan, Soliman and Tuna)Total accruals: the growth of operating and financial assets net of liabilities, against average assets.	0.477	0.790	0.377
Change in receivables / average total assetsThe growth of receivables against average assets.	0.097	2.518	0.244
Change in inventories / average total assetsThe growth of stock against average assets.	0.071	1.191	0.085
Assets other than cash and property, plant and equipment / total assetsAssets other than cash and property, plant and equipment, as a share of total assets: assets whose value depends more on judgement.	0.899	1.979	1.778
Change in cash salesThe growth of sales collected in cash.	0.708	0.171	0.121
Change in return on assetsThe change in return on assets against a year earlier. A fall raises the score.	−0.068	−0.932	0.063
Debt or equity issued in the year, 1 or 01 when the company issued shares or debt in the year.	0.000	1.029	0.000
Predicted value			−5.225
Probability of a misstatement			0.53%

Model 1 of Dechow, Ge, Larson and Sloan (2011), estimated on misstatements named in SEC Accounting and Auditing Enforcement Releases. The score is the predicted probability of a misstatement over 0.37%, the unconditional probability in their sample, so 1.00 equals that base rate.

Piotroski F-score

fiscal 2026

A count of 9 yes or no tests on profitability, cash flow, debt, liquidity, new shares, margins and the use of assets. A score of 7 to 9 indicates improving strength and 0 to 3 indicates weakness.

4 of the 9 tests are met, in the middle group of 4 to 6.

Signal	FY2026	FY2025
Return on assets above zero	Met	Met
Operating cash flow above zero	Met	Met
Return on assets higher than a year earlier	Not met	Met
Operating cash flow above net income	Not met	Not met
Long-term debt to assets lower than a year earlier	Met	Met
Current ratio higher than a year earlier	Not met	Met
No common equity issued	Met	Met
Margin higher than a year earlier	Not met	Met
Asset turnover higher than a year earlier	Not met	Met

Piotroski (2000), 9 signals on profitability, funding and operating efficiency, designed for companies with high book-to-market ratios. Piotroski grouped scores of 8 and 9 as high and 0 and 1 as low; the findings group 7 to 9 and 0 to 3.

Source Documents

Documents of this snapshot, latest first.

Document	Date	Id
Form 10-Q, period ended 26 July 2026	26 Aug 2026	10-Q:0001045810-26-000075
Form 10-Q, period ended 26 April 2026	20 May 2026	10-Q:0001045810-26-000052
Form 10-K, period ended 25 January 2026	25 Feb 2026	10-K:0001045810-26-000021
Form 10-Q, period ended 26 October 2025	19 Nov 2025	10-Q:0001045810-25-000230
Form 10-Q, period ended 27 July 2025	27 Aug 2025	10-Q:0001045810-25-000209
Form 10-Q, period ended 27 April 2025	28 May 2025	10-Q:0001045810-25-000116
Form 10-K, period ended 26 January 2025	26 Feb 2025	10-K:0001045810-25-000023
Form 10-Q, period ended 27 October 2024	20 Nov 2024	10-Q:0001045810-24-000316
Form 10-Q, period ended 28 July 2024	28 Aug 2024	10-Q:0001045810-24-000264
Form 10-Q, period ended 28 April 2024	29 May 2024	10-Q:0001045810-24-000124
Form 10-K, period ended 28 January 2024	21 Feb 2024	10-K:0001045810-24-000029
Form 10-Q, period ended 29 October 2023	21 Nov 2023	10-Q:0001045810-23-000227
Form 10-Q, period ended 30 July 2023	28 Aug 2023	10-Q:0001045810-23-000175
Form 10-Q, period ended 30 April 2023	26 May 2023	10-Q:0001045810-23-000093
Form 10-K, period ended 29 January 2023	24 Feb 2023	10-K:0001045810-23-000017
Form 10-Q, period ended 30 October 2022	18 Nov 2022	10-Q:0001045810-22-000166
Form 10-Q, period ended 31 July 2022	31 Aug 2022	10-Q:0001045810-22-000147
Form 10-Q, period ended 1 May 2022	27 May 2022	10-Q:0001045810-22-000079
Form 10-K, period ended 30 January 2022	18 Mar 2022	10-K:0001045810-22-000036
Form 10-Q, period ended 31 October 2021	22 Nov 2021	10-Q:0001045810-21-000163
Form 10-Q, period ended 1 August 2021	20 Aug 2021	10-Q:0001045810-21-000131
Form 10-Q, period ended 2 May 2021	26 May 2021	10-Q:0001045810-21-000064
Form 10-K, period ended 31 January 2021	26 Feb 2021	10-K:0001045810-21-000010
Form 10-Q, period ended 25 October 2020	18 Nov 2020	10-Q:0001045810-20-000189
Form 10-Q, period ended 26 July 2020	19 Aug 2020	10-Q:0001045810-20-000147
Form 10-Q, period ended 26 April 2020	21 May 2020	10-Q:0001045810-20-000065
Form 8-K, period ended 27 April 2020	27 Apr 2020	8-K:0001045810-20-000052

Checks

318314 of 318 checks passed, 4 warnings

Fiscal calendar68 passedFiscal years last 350 to 380 days, quarters 80 to 125 days, and each period starts on the day after the one before. Checked at error level.

Quarters and fiscal year140 passedThe 4 quarters of every item add up to its fiscal year, or a later filing restated the year. Checked at error level.

Reported quarters0 of 4 passedA quarter that a filing reports on its own agrees with the figures of the same filing. Checked at warning level.

Selling, general and administrative expense, Q3 FY2021: $515m against $517m

Operating lease cost, Q3 FY2025: $92.0m against $94.0m

Amortisation of intangible assets, Q3 FY2022: $518m against $143m

Dividends paid, Q3 FY2024: $99.0m against $97.0m

Filer identity1 passedThe documents are those of the company of this page. Checked at error level.

Balance sheet identity26 passedTotal assets equal total liabilities and equity at each balance sheet date. Checked at error level.

Lease liabilities26 passedLease payments due, less imputed interest, equal the lease liabilities. Checked at warning level.

Quarters and 9 months15 passedThe 3 reported quarters of a fiscal year add up to the reported 9-month figure. Checked at error level.

Gross profit32 passedRevenue less cost of revenue equals reported gross profit. Checked at warning level.

Earnings per share6 passedNet income divided by average shares agrees with reported basic earnings per share. Checked at warning level.

Data Quality

How many values of this snapshot the checks prove, and how many Annalist derives, withholds and tracks as restated. Every company.

Values published	1,596
Proven by a check	47.5%, 758 values
Confirmed by a second document	0.0%, 0 values
Derived from reported figures	18.5%, 295 values
Values withheld	0
Restated figures tracked	55
Changes compared on one basis	5
Company lines mapped	0 of 0 reviewed

Citation

Annalist, NVIDIA Corporation, snapshot nvidia/FY2027Q2_e1bacf41 (as of FY2027 Q2); <item label>, <period>; source <document id> (<document url>)

Snapshot FY2027Q2_e1bacf41 · dataset SHA-256 e1bacf4138da41ec9c75ae1ca37d90ab5a762bb93ba621ff0e31076cb733fd3d · findings rules 0.4

Data: info.json · dataset.json · validation.json · documents.json