NVDA · 10-Q · 2026Q2 · Full report

Marketable Securities Valuation

NVIDIA CORP · 2026-05-20 · Importance 90 · Surprise 100

Total other income, net for the quarter was driven primarily by realized or unrealized gains and losses from investments in non-marketable and publicly-held equity securities, producing total other income, net of $16.4 billion. The company reports unrealized gains of $13.4 billion on publicly-held equity securities and $2.6 billion on non-marketable equity securities in the quarter. These investment valuation movements materially affected Other income (expense), net and therefore pre-tax income in Q1 FY2027. NVIDIA flags that fluctuations in publicly-held equity securities can significantly affect reported results period-to-period.

Key facts

• We made investments in publicly-held equity securities during Q1 FY2027 and such investments' values may fluctuate significantly and could adversely affect financial results. source
• NVIDIA made investments in publicly-held equity securities in Q1 FY2027 where the value may fluctuate significantly and could adversely affect financial results. source
• NVIDIA's marketable securities are primarily denominated in U.S. dollars and include publicly-held equity securities and debt securities issued by the U.S. government, highly-rated corporations and financial institutions, and foreign government entities. source