NVDA · 10-Q · 2026Q2 · Full report

Liquidity and Cash Position

NVIDIA CORP · 2026-05-20 · Importance 49 · Surprise 6 · No source text

As of April 26, 2026 NVIDIA held $50.3 billion in cash, cash equivalents and marketable debt securities and $30.2 billion of marketable equity securities. The company reported increased operating cash flows in the quarter and stated it believes it has sufficient liquidity to meet operating requirements for at least the next twelve months and for the foreseeable future. NVIDIA emphasizes ongoing evaluation of liquidity and access to external capital to finance future capital requirements and commitments. The disclosed cash and marketable securities positions underpin the company’s ability to execute repurchases, dividends, and ecosystem investments in FY2027.

Key facts

• Net cash used in investing activities for the three months ended Apr 26, 2026: $(26,429) million, compared to $(5,216) million for the three months ended Apr 27, 2025. source
• Net cash used in financing activities for the three months ended Apr 26, 2026: $(21,283) million, compared to $(15,553) million for the three months ended Apr 27, 2025. source
• Cash and cash equivalents as of Apr 26, 2026: $13,237 million; marketable debt securities: $37,098 million; combined cash, cash equivalents, and marketable debt securities: $50,335 million. source
• Marketable equity securities as of Apr 26, 2026: $30.2 billion. source
• No federal income tax payments were made in the first quarter of fiscal year 2027; two federal income tax payments are scheduled in the second quarter of fiscal year 2027. source
• Except for approximately $1.7 billion of cash, cash equivalents, and marketable debt securities held outside of the U.S., substantially all of our cash, cash equivalents, and marketable debt securities held outside the U.S. are available for use in the U.S. without incurring additional U.S. federal income taxes. source
• Cash used in investing activities increased in Q1 FY2027 compared to Q1 FY2026, primarily driven by higher purchases of equity investment securities. source
• No material changes outside the ordinary course of business in contractual obligations from those disclosed in the Annual Report on Form 10-K for the fiscal year ended January 25, 2026, other than contractual obligations described in Notes 6 and 10. source

Impact estimates