NVDA · 10-Q · 2026Q2 · Full report

Unrecognized Tax Liabilities

NVIDIA CORP · 2026-05-20 · Importance 58 · Surprise 42

NVIDIA reported unrecognized tax benefits of $4.5 billion, which include related interest and penalties of $439 million, recorded in non-current income tax payable as of April 26, 2026. The company states it cannot estimate timing of any potential tax liability, interest payments, or penalties due to uncertainties in underlying tax positions and settlement timing. NVIDIA disclosed it is currently under examination by the Internal Revenue Service for fiscal years 2023 and 2024, which could affect the timing and magnitude of any tax payments. The $4.5 billion unrecognized tax benefit is a material contingent liability on the balance sheet as of the reporting date.