NVDA · 10-Q · 2026Q2 · Full report
Unrecognized Tax Benefits
NVIDIA CORP · 2026-05-20 · Importance 58 · Surprise 42 · Contradicted
Unrecognized tax benefits totaled $4.5 billion as of April 26, 2026, which includes related interest and penalties of $439 million, and were recorded in non-current income tax payable. NVIDIA stated it is unable to estimate the timing of any potential tax liability, interest payments, or penalties due to uncertainties in the underlying tax positions. The company noted it is under IRS examination for fiscal years 2023 and 2024 and did not provide an expected resolution timeline. The $4.5 billion balance represents a material potential cash obligation recorded on the balance sheet.
Key facts
- Unrecognized tax benefits as of April 26, 2026: $4.5 billion, which includes related interest and penalties of $439 million, recorded in non-current income tax payable. source
- We are currently under examination by the Internal Revenue Service for our fiscal years 2023 and 2024. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -0.2% | Unrecognized tax benefits as of April 26, 2026: $4.5 billion, which includes related interest and penalties of $439 million, recorded in… |
| liability | negative | contingent | -0.1% | Unrecognized tax benefits as of April 26, 2026: $4.5 billion, which includes related interest and penalties of $439 million, recorded in… |
| liability | negative | contingent | — | We are currently under examination by the Internal Revenue Service for our fiscal years 2023 and 2024. |