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NVIDIA (NVDA) free cash flow by quarter

NVIDIA's free cash flow was $21.4B in Q2 FY27 (second quarter fiscal 2027), -56% from Q1 FY27. Over the last 7 quarters it ranged from $13.5B (Q2 FY26) to $48.6B (Q1 FY27).

NVIDIA free cash flow by quarterNVIDIA free cash flow by quarter$15.6BQ4 FY25$26.2BQ1 FY26$13.5BQ2 FY26$22.1BQ3 FY26$34.9BQ4 FY26$48.6BQ1 FY27$21.4BQ2 FY27
QuarterFree cash flowQ/QY/Y
Q2 FY27$21.4B-56%+59%
Q1 FY27$48.6B+39%+86%
Q4 FY26$34.9B+58%+124%
Q3 FY26$22.1B+64%—
Q2 FY26$13.5B-49%—
Q1 FY26$26.2B+68%—
Q4 FY25$15.6B——

Q2 FY27 at a glance

NVIDIA, Q2 FY27: revenue $96.2B (+106% year over year), operating margin 66.2%, net earnings $59.7B, operating cash flow $24.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is NVIDIA's free cash flow?

NVIDIA's free cash flow was $21.4B in Q2 FY27 (second quarter fiscal 2027), -56% from Q1 FY27.

How has NVIDIA's free cash flow changed?

Over the last 7 quarters it ranged from $13.5B (Q2 FY26) to $48.6B (Q1 FY27).

Q2 FY27 results → · How NVIDIA makes money →