NVIDIA Corporation

Filing receipts

“Operating Expenses Three Months Ended Apr 26, 2026 Apr 27, 2025 $ Change % Change ($ in millions) Research and development $ 6,321 $ 3,989 $ 2,332 58 % Sales, general and administrative 1,300 1,041 259 25 % Total operating expenses $ 7,621 $ 5,030 $ 2,591 52 % The increase in research and development expenses for the first quarter of fiscal year 2027 was primarily driven by a 112% increase in compute and infrastructure, a 31% increase in compensation and benefits, including stock-based compensation, reflecting employee growth and compensation increases, and a 204% increase in engineering development materials for new product introductions.”

“The increases were primarily driven by higher compensation and benefits expense due to employee growth and compensation increases, compute and infrastructure costs, and engineering development materials for new product developments.”

“The change in Other income (expense), net compared to the first quarter of fiscal year 2026, was primarily driven by unrealized gains on investments in publicly-held equity securities of $13.4 billion and non-marketable equity securities of $2.6 billion.”