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NVIDIA research and development expense, 2009–2026

NVIDIA reported research and development expense of $18.5 billion for the fiscal year ended Jan. 25, 2026, up 43.2% from $12.9 billion the year before, according to its Form 10-K.

$18.5Blatest fiscal year (ended Jan. 25, 2026)
+43.2%change from the year before
$18.5Bhighest year shown (2026)
2009: $855.9M ’09 2010: $908.9M 2011: $848.8M ’11 2012: $1.00B 2013: $1.15B ’13 2014: $1.34B 2015: $1.36B ’15 2016: $1.33B 2017: $1.46B ’17 2018: $1.80B 2019: $2.38B ’19 2020: $2.83B 2021: $3.92B ’21 2022: $5.27B 2023: $7.34B ’23 2024: $8.68B 2025: $12.9B ’25 2026: $18.5B ’26

Fiscal years labeled by the year in which they ended. Bars drawn from the table below.

NVIDIA research and development expense by fiscal year

Fiscal year endedR&D expenseChangeFiling
Jan. 25, 2026 $18.5B +43.2% 10-K (2026) ↗
Jan. 26, 2025 $12.9B +48.9% 10-K (2026) ↗
Jan. 28, 2024 $8.68B +18.2% 10-K (2026) ↗
Jan. 29, 2023 $7.34B +39.3% 10-K (2025) ↗
Jan. 30, 2022 $5.27B +34.3% 10-K (2024) ↗
Jan. 31, 2021 $3.92B +38.7% 10-K (2023) ↗
Jan. 26, 2020 $2.83B +19.1% 10-K (2022) ↗
Jan. 27, 2019 $2.38B +32.2% 10-K (2021) ↗
Jan. 28, 2018 $1.80B +22.8% 10-K (2020) ↗
Jan. 29, 2017 $1.46B +9.9% 10-K (2019) ↗
Jan. 31, 2016 $1.33B −2.1% 10-K (2018) ↗
Jan. 25, 2015 $1.36B +1.8% 10-K (2017) ↗
Jan. 26, 2014 $1.34B +16.4% 10-K (2016) ↗
Jan. 27, 2013 $1.15B +14.4% 10-K (2015) ↗
Jan. 29, 2012 $1.00B +18.1% 10-K (2014) ↗
Jan. 30, 2011 $848.8M −6.6% 10-K (2013) ↗
Jan. 31, 2010 $908.9M +6.2% 10-K (2012) ↗
Jan. 25, 2009 $855.9M — 10-K (2011) ↗

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FAQ

Q What was NVIDIA's research and development expense in its latest fiscal year?

A NVIDIA reported research and development expense of $18.5 billion for the fiscal year ended Jan. 25, 2026, up 43.2% from $12.9 billion the year before, according to its Form 10-K.

Q What is NVIDIA's highest annual research and development expense on record here?

A $18.5 billion, in the fiscal year ended Jan. 25, 2026, among the fiscal years 2009–2026 reported in its 10-K XBRL data.

Q Where does this research and development expense data come from?

A From NVIDIA's annual reports on Form 10-K, as tagged in XBRL and published by the SEC (company facts). Research and development expense as reported in the income statement.

Source: NVIDIA's annual reports on Form 10-K via SEC XBRL company facts, updated Oct. 15, 2026. Research and development expense as reported in the income statement. For each year the most recent 10-K that reports it is used, so a figure a company later restated shows the restated value; the filing link shows which report it came from. Change is our arithmetic. Financial data, not investment advice.