Nvidia chipset. Pexels Images.
This article covers Nvidia’s revenue distribution by segment. Nvidia operates through two main segments: Compute & Networking and Graphics.
Apart from breaking down the revenue streams by segment, we also delve into Nvidia’s profit and margin for each segment.
Let’s look at the results!
For other key statistics of Nvidia Corporation, you may find more resources on this page: Nvidia key stats.
Please use the table of contents to navigate this page.
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This dataset features the complete **Nvidia’s segment revenue and operating profit margin**, matching the data visualized in this post.
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Table Of Contents
Definitions And Overview
O2. What contributes to Nvidia’s significant revenue growth within the Compute & Networking segment?
Insight & Summary of Observed Trends
Z1. Insight & Summary of Nvidia’s Segment Revenue and Profit
Revenue By Segment Statistics
A1. Revenue from Compute & Networking and Graphics
A2. Revenue mix From Compute & Networking and Graphics
A3. Revenue growth from Compute & Networking and Graphics
Profit And Margin By Segment Statistics
B1. Operating profit from Compute & Networking and Graphics
B2. Operating profit mix from Compute & Networking and Graphics
B3. Operating profit margin from Compute & Networking and Graphics
Reference, Credits, and Disclosure
S1. References and Credits
S2. Disclosure
Definitions
To help readers understand the content better, the following terms and glossaries have been provided.
Compute & Networking: Nvidia’s Compute & Networking segment encompasses the company’s products, services, and solutions aimed at delivering high-performance computing and networking capabilities.
This segment includes the company’s data center platforms and systems for AI, high-performance computing (HPC), and accelerated computing. It also covers networking products and solutions that facilitate high-speed connectivity and efficient data processing across various computing environments.
These offerings are pivotal for applications in cloud computing, data analytics, scientific research, and more, enabling advancements in AI, deep learning, and other compute-intensive tasks.
Nvidia’s technology in this segment is designed to cater to the needs of enterprises, cloud service providers, and research institutions, among others, driving innovation and performance improvements across numerous industries.
Graphics: Nvidia’s Graphics segment refers to the part of the company focusing on the development and manufacturing of graphics processing units (GPUs) and related technologies for a wide variety of applications.
This includes GPUs for gaming, professional visualization (such as design and content creation), data centers, and more. The segment is known for innovations in computer graphics, providing hardware that supports high-performance gaming, real-time ray tracing, and AI-powered features.
Nvidia’s graphics products are widely used in personal computers, workstations, servers, and gaming consoles, making it a key player in the graphics industry.
What contributes to Nvidia’s significant revenue growth within the Compute & Networking segment?
Nvidia’s significant revenue growth within the Compute & Networking segment can be attributed to several key factors:
- Data Center Demand: The increasing demand for data center solutions, driven by the rise of cloud computing, artificial intelligence (AI), and high-performance computing (HPC), has significantly boosted Nvidia’s revenue. Their data center platforms and systems are essential for AI, HPC, and accelerated computing applications.
- AI and Deep Learning: Nvidia’s advancements in AI and deep learning technologies have positioned them as a leader in the industry. Their GPUs are widely used for training and deploying AI models, which has led to substantial revenue growth.
- Networking Solutions: Nvidia’s networking products and solutions, which facilitate high-speed connectivity and efficient data processing, have also contributed to their revenue growth. These products are crucial for various computing environments, including cloud computing and data analytics.
- Innovative Products: The introduction of innovative products, such as the Blackwell AI supercomputers, has driven significant sales and revenue growth. Nvidia’s ability to ramp up massive-scale production of these advanced products has been a key factor.
- Enterprise and Research Adoption: Nvidia’s technology is widely adopted by enterprises, cloud service providers, and research institutions. This broad adoption across various industries has driven revenue growth by enabling advancements in AI, deep learning, and other compute-intensive tasks.
These factors combined have propelled Nvidia’s Compute & Networking segment to achieve remarkable revenue growth.
Insight & Summary of Nvidia’s Segment Revenue and Profit
Nvidia's profits now rest almost entirely on Compute & Networking, whose growth is slowing and whose margin has slipped from its FY2025 peak, while Graphics staged a revival in FY2026.
Key Risk: Concentration and Margin Slippage: Compute & Networking earned 93.4% of operating profit in FY2026, and its margin slipped from a peak of 71.3% in FY2025 to 67.3%. Its incremental margin (change in operating profit over change in revenue) was 61.2% in FY2026, below the segment's own margin, so growth is now diluting returns.
Growth: Deceleration at Scale: Compute & Networking revenue growth has slowed from 214.6% in FY2024 to 66.5% in FY2026, yet the segment still supplied 90.5% of the $85,441M rise in total revenue.
Support: Graphics Revival: Graphics revenue rose 57.0% in FY2026 to a period-high $22,459M, and its operating profit rose 80.1% as its margin recovered from 35.5% to 40.8%.
Structural Takeaway & Trend: Nvidia is effectively a single-engine business, with Compute & Networking at 89.6% of revenue. Graphics adds some diversification but contributes only 6.6% of operating profit.
Critical thresholds: a Compute & Networking margin back above its FY2025 peak of 71.3% would confirm that returns are holding up at scale. A total operating margin below the FY2024 level of 62.1% would signal that margin dilution is spreading to the group.
The table below combines all Nvidia’s key revenue and profit by segment metrics into a single view for the latest three fiscal years.
Nvidia's Segment Revenue and Operating Profit Analysis — 3-Year Average (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Revenue Breakdown by Segment | |
| Compute & Networking | $119,026M |
| Graphics | $16,760M |
| Total Revenue | $135,786M |
| Revenue Mix by Segment | |
| Compute & Networking | 85.5% |
| Graphics | 14.5% |
| Total Revenue | 100.0% |
| Revenue Growth by Segment | |
| Compute & Networking | 142.1% |
| Graphics | 25.4% |
| Total Revenue | 101.9% |
| Operating Profit Breakdown by Segment | |
| Compute & Networking | $81,677M |
| Graphics | $6,696M |
| Total Operating Profit | $88,373M |
| Operating Profit Mix by Segment | |
| Compute & Networking | 90.7% |
| Graphics | 9.3% |
| Total Operating Profit | 100.0% |
| Operating Profit Margin by Segment | |
| Compute & Networking | 68.7% |
| Graphics | 39.8% |
| Total Operating Profit Margin | 64.7% |
All sections cover FY2024–FY2026. US$ amounts are in millions, rounded to the nearest million; percentages are simple averages of the annual percentages, rounded to one decimal place, and margin averages are not weighted by revenue. Revenue growth is not in the source data; it is computed from revenue, rounded to one decimal place, and then averaged.
Revenue from Compute & Networking and Graphics
The definitions of Nvidia’s segments are available here: Compute & Networking and Graphics.
Nvidia earns the majority of its revenue from the Compute & Networking segment, as shown in the chart above.
📊 Get Instant Access to This Dataset — Only $0.90
This dataset features the complete **Nvidia’s segment revenue and operating profit margin**, matching the data visualized in this post.
.xlsx) and raw data (.csv) formats.🔒 Security Note: 100% clean data file. No macros embedded.
Nvidia's Revenue Breakdown by Segment — Averages (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Compute & Networking | $119,026M |
| Graphics | $16,760M |
| Total Revenue | $135,786M |
US$ averages are the simple average of the annual values, in millions, rounded to the nearest million.
Revenue mix from Compute & Networking and Graphics
The definitions of Nvidia’s segments are available here: Compute & Networking and Graphics.
The data presented in the chart above highlights the significant transformation in Nvidia’s revenue composition over recent years. As of fiscal year 2026, the Compute & Networking segment has become the dominant contributor to Nvidia’s total revenue, accounting for a substantial 90%.
Nvidia's Revenue Mix by Segment — Averages (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Compute & Networking | 85.5% |
| Graphics | 14.5% |
| Total Revenue | 100.0% |
Percentage averages are the simple average of the annual percentages, rounded to one decimal place.
Revenue growth from Compute & Networking and Graphics
The definitions of Nvidia’s segments are available here: Compute & Networking and Graphics.
The chart above vividly demonstrates the stark contrast in revenue growth between Nvidia’s Compute & Networking segment and its Graphics segment. This disparity highlights the significant shifts within Nvidia’s business model and market focus.
The Graphics division, once a major revenue driver, has seen a decline in its contribution over the past three years. This trend underscores the changing dynamics within Nvidia and the broader tech industry, where certain market segments have gained more traction and investment.
Nvidia's Revenue Growth by Segment — Averages (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Compute & Networking | 142.1% |
| Graphics | 25.4% |
| Total Revenue | 101.9% |
Percentage averages are the simple average of the annual percentages, rounded to one decimal place. Revenue growth is not in the source data; it is computed from revenue, rounded to one decimal place, and then averaged.
Operating profit from Compute & Networking and Graphics
The definitions of Nvidia’s segments are available here: Compute & Networking and Graphics.
Nvidia’s Graphics division historically enjoyed significantly higher profitability compared to the Compute & Networking segment. This trend was evident in the higher operating profits of the Graphics segment from fiscal years 2019 to 2022.
However, this dynamic began to shift dramatically from fiscal year 2023 onwards. The Compute & Networking segment experienced an extraordinary surge in operating profit, catapulting from $5.1 billion to an astounding $130 billion by fiscal year 2026.
📊 Get Instant Access to This Dataset — Only $0.90
This dataset features the complete **Nvidia’s segment revenue and operating profit margin**, matching the data visualized in this post.
.xlsx) and raw data (.csv) formats.🔒 Security Note: 100% clean data file. No macros embedded.
Nvidia's Operating Profit Breakdown by Segment — Averages (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Compute & Networking | $81,677M |
| Graphics | $6,696M |
| Total Operating Profit | $88,373M |
US$ averages are the simple average of the annual values, in millions, rounded to the nearest million.
Operating profit mix from Compute & Networking and Graphics
The definitions of Nvidia’s segments are available here: Compute & Networking and Graphics.
Nvidia's Operating Profit Mix by Segment — Averages (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Compute & Networking | 90.7% |
| Graphics | 9.3% |
| Total Operating Profit | 100.0% |
Percentage averages are the simple average of the annual percentages, rounded to one decimal place.
Operating profit margin from Compute & Networking and Graphics
The definitions of Nvidia’s segments are available here: Compute & Networking and Graphics.
Nvidia's Operating Profit Margin by Segment — Averages (FY2024–FY2026)
| Metric | 3-Year Average (FY2024–FY2026) |
|---|---|
| Compute & Networking | 68.7% |
| Graphics | 39.8% |
| Total Operating Profit Margin | 64.7% |
Margin averages are the simple average of the annual operating margins (operating profit divided by revenue), rounded to one decimal place; they are not weighted by revenue.
References and Credits
1. All financial figures presented were obtained and referenced from Nvidia’s quarterly and annual reportspublished on the company’s investor relations page: Nvidia Financial Reports.
2. Pexels Images.
Disclosure
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