NVIDIA CORP Earnings Per Share Disclosure
| Year Ended | |||||||||||||||||
| Jan 25, 2026 | Jan 26, 2025 | Jan 28, 2024 | |||||||||||||||
| (In millions, except per share data) | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net income | $ | 120,067 | $ | 72,880 | $ | 29,760 | |||||||||||
| Denominator: | |||||||||||||||||
| Basic weighted average shares | 24,359 | 24,555 | 24,690 | ||||||||||||||
| Dilutive impact of outstanding equity awards | 155 | 249 | 250 | ||||||||||||||
| Diluted weighted average shares | 24,514 | 24,804 | 24,940 | ||||||||||||||
| Net income per share: | |||||||||||||||||
| Basic (1) | $ | 4.93 | $ | 2.97 | $ | 1.21 | |||||||||||
| Diluted (2) | $ | 4.90 | $ | 2.94 | $ | 1.19 | |||||||||||
Anti-dilutive equity awards excluded from diluted net income per share | 41 | 51 | 150 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Feb 25, 2026 | Showing above |
| 2025 | Feb 26, 2025 | |
| 2024 | Feb 21, 2024 | |
| 2019 | Feb 21, 2019 | |
| 2018 | Feb 28, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.