Nvidia Stock (NVDA): Chart History and Analysis in Numbers

Michael Whitman · Trading since 2017, full-time since 2020 · YouTube creator, 137K subscribers · Published 2026-11-07

Nvidia stock trades on the Nasdaq under the ticker NVDA, and it is now mostly a bet on one product line: the chips and systems that go into data centers.

The price widget at the top of a search shows you where NVDA closed. It does not show you how the business under it changed, how hard the stock usually swings on results day, or how far it has fallen before. We built those from Nvidia’s own SEC filings and from the daily price record back to 1999.

NVDA in eight numbers, from price to next results

Price is the November 6, 2026 close. Earnings, equity and the dividend come from the 10-Q for the quarter ended July 26, 2026, filed August 26. Nvidia’s fiscal year ends in late January, so that quarter is the second quarter of fiscal 2027.

In 2026 to November 6, NVDA’s price was up 0.1%. The S&P 500 rose 7.8% and SMH, a fund that holds the biggest chip makers, rose 28.8% over the same stretch. The stock closed 22.0% below its record close of $239.24 on October 6, 2026.

How it works: Data Center, Edge Computing and a few big customers

Two reporting buckets. From the first quarter of fiscal 2027, Nvidia splits revenue into Data Center and Edge Computing. Data Center holds the graphics processors, networking gear and full systems sold for AI computing, and the filings now divide it again: $48.71 billion from hyperscale customers and $40.31 billion from AI clouds, industrial and enterprise buyers in the quarter to July 26, 2026.

Edge Computing is everything else. It holds the lines once reported as gaming, professional visualization, automotive and OEM, and it brought in $7.20 billion in the same quarter.

The data center line kept its meaning. The new filings restate the year-earlier quarter’s Data Center figure at $41.10 billion, the same number Nvidia first reported in 2025, so a long series of that line still lines up.

Customers are few and large. On July 26, 2026, five customers each owed Nvidia 10% or more of its accounts receivable, at 22%, 14%, 13%, 11% and 10%, according to the 10-Q. That kind of concentration risk is the other side of selling to a handful of giant buyers.

What moves NVDA: data center spending, margin and export rules

Data center spending. With more than nine dollars in ten coming from that one line, news about how much the biggest cloud companies plan to spend on data centers bears on NVDA almost as directly as Nvidia’s own results.

Gross margin. Nvidia kept about 75 cents of every revenue dollar after the cost of making its products in the latest quarter. When that slips, profit falls faster than sales. Our P/E ratio page explains why the market price of that profit can swing even more.

Export rules. In April 2025 the US government required a license to sell Nvidia’s H20 chip to China, and the company booked a $4.5 billion charge for H20 inventory and purchase commitments in the quarter to April 27, 2025.

Its weight in the indexes. At about $4.50 trillion, Nvidia is one of the Magnificent Seven and one of the largest holdings in S&P 500 and Nasdaq-100 funds, so money moving in and out of those funds moves it too.

A worked example: NVDA’s 23.6x P/E and $4.498 trillion value

All inputs are in Nvidia’s XBRL filings except the share price.

1. Trailing earnings. Diluted EPS was $4.85 for the six months to July 26, 2026 and $4.90 for fiscal 2026, and $1.84 for the six months to July 27, 2025. Last twelve months = $4.85 + $4.90 − $1.84 = $7.91.
2. P/E. $186.64 ÷ $7.91 = 23.6.
3. Market value. $186.64 × 24,100,000,000 shares = $4.498 trillion.
4. Trailing revenue. The last four quarters were $57.01 billion, $68.13 billion, $81.62 billion and $96.22 billion, a total of $302.97 billion. $4.498 trillion ÷ $302.97 billion = 14.85.
5. Yield. Nvidia declared $0.25 a share for the July 2026 quarter, up from $0.01 the quarter before. $0.25 × 4 = $1.00 a year, and $1.00 ÷ $186.64 = 0.54%. Sites that still average the old $0.01 payments print a much lower figure.

The same sums a year earlier. On November 6, 2025 the stock closed at $188.08. The latest 10-Q then gave trailing diluted EPS of $1.84 + $2.94 − $1.27 = $3.51, so the P/E was 53.6. Trailing EPS has since risen 125.4% while the price barely moved, which is why the multiple more than halved. Our earnings per share page covers the inputs.

The original data: 42 quarters of Nvidia’s data center share

Data center share of revenue, 42 quarters. We read the XBRL instance of every 10-Q and 10-K Nvidia filed from May 2016 to August 2026 and took total revenue and Data Center revenue for each fiscal quarter, as first reported. Fourth quarters are the fiscal year minus the first three.

What the 42 quarters show:

• Start. In the quarter to May 1, 2016, data center revenue was $0.14 billion, 11.0% of the total.
• Past half. The share first topped 50% in the quarter to July 31, 2022, at 56.8%, partly because gaming sales fell that year.
• The jump. In the quarter to July 30, 2023 data center revenue was $10.32 billion, against $4.28 billion three months before. The share passed 80% in the quarter to October 29, 2023.
• Now. $89.02 billion in the quarter to July 26, 2026, 622.5 times the 2016 figure and up 116.6% on a year earlier.

Gross margin through the cycle. The lowest quarterly gross margin in the series was 43.5%, in the quarter to July 31, 2022, when Nvidia took a $1.34 billion charge mostly for inventory. The highest was 78.4%, in the quarter to April 28, 2024. The H20 charge pulled the quarter to April 27, 2025 down to 60.5%.

Nvidia on results day, and its 11 falls of 30% or more

What results day does to the price. For each of the 43 quarterly results releases since February 17, 2016, all filed after the 4 p.m. close, we took the close that day and the close the next day.

• Size. The median move was 5.27% either way, 3.2 times the 1.63% median move across all 2,697 trading days in the same span. 23 of the 43 moved 5% or more and 7 moved 10% or more.
• Direction. 25 were up and 18 were down. That is close to a coin toss.
• Extremes. The biggest rise was 29.81% on November 11, 2016. The second biggest, 24.37% on May 25, 2023, came just before the data center jump showed up in revenue. The deepest fall was 18.76% on November 16, 2018.
• Lately. Over the last eight reports the median move was 3.20%, and five of the eight were down even as revenue kept climbing. The August 26, 2026 report was followed by an 8.74% rise.

Two other Item 2.02 filings came before the open and warned of lower revenue. The stock fell 13.82% on January 28, 2019 and 6.30% on August 8, 2022. They are left out of the 43.

The deepest falls. From the daily closes since January 1999, a fall is measured from a record close to the lowest close before the next record. There have been 11 of 30% or more. The four in 1999-2001 not listed below were 31.1%, 35.6%, 53.9% and 51.9%.

The 2007 high took 3,131 days, more than eight and a half years, to win back. What the 2021-2022 fall did to a real stake is worked through on our $1,000 in Nvidia page, and our drawdown page explains the measure.

Download the data: Nvidia data center share by quarter and Nvidia earnings-day moves. You can reuse either file if you credit this page and link to it; the terms are in our site license.

When it fails: record quarters, one customer group and overnight rule changes

A record quarter can still sink the stock. Five of the last eight reports were followed by a fall, in a run when quarterly revenue climbed from $35.08 billion to $96.22 billion. The price tends to react to how results compare with what was already expected, not to whether the numbers were good on their own.

One customer group, one product line. A 92.5% share means a pause in data center building would hit almost all of Nvidia’s revenue at once. In 2022 the first warning came through gaming and an inventory charge, and the stock fell 66.4%.

Rules can change overnight. The H20 license requirement turned unsold chips into a $4.5 billion charge within a single quarter.

Big days come between reports too. On November 5, 2026, almost two weeks before its next results, NVDA fell 9.26% in one session.

These numbers age fast. The P/E, yield and market value above change with every trade and every filing, and the next report lands on November 17, 2026.

Questions people ask

What is the NVDA ticker?

NVDA, on the Nasdaq Global Select Market. It is the common stock of NVIDIA Corporation of Santa Clara, California.

What is Nvidia’s market cap?

About $4.50 trillion at the November 6, 2026 close of $186.64, using the 24,100,000,000 shares on the cover of its August 2026 10-Q. Our market cap page explains the measure.

Does Nvidia pay a dividend?

Yes. It declared $0.25 a share for the quarter to July 26, 2026, up from $0.01. At that rate the yield was 0.54% at $186.64. Nvidia also spent $39.04 billion buying back its own shares in the first six months of fiscal 2027. See dividend yield and stock buybacks.

When does Nvidia report earnings next?

Nvidia said on October 28, 2026 that it will release results for the quarter ended October 25, 2026 and hold its call on Tuesday, November 17, 2026.

Why does Nvidia stock fall after good earnings?

The usual explanation is that expectations are already in the price before the release. Over the last eight reports the stock fell five times while revenue kept rising, and a year of flat prices left the P/E at 23.6, down from 53.6.

How many times has Nvidia split its stock?

Six times since 2000, most recently 4-for-1 in July 2021 and 10-for-1 in June 2024. All prices on this page are adjusted for them. Our stock split page covers how that works.

Related

To see what NVDA’s real closing prices did to a fixed amount of money, use the $1,000 in Nvidia calculator. The valuation side is on P/E ratio, price-to-book and beta. If you hold Nvidia through a chip or tech fund, sector funds covers what that concentration means. Michael walks through the NVDA chart itself in his November 3, 2026 video.

This page is educational, not financial advice. Test every idea on your own charts before risking money.