NVDA · 10-Q · 2026Q3 · Full report

Income Tax Rate Changes

NVIDIA CORP · 2026-08-26 · Importance 62 · Surprise 46

Second-quarter fiscal 2027 income tax expense was $11.8 billion versus $4.8 billion a year earlier, while first-half expense was $23.4 billion versus $7.9 billion. The effective tax rate increased to 16.5% from 15.3% in the quarter and to 16.5% from 14.9% in the first half. The increase primarily reflected lower relative tax benefits from stock-based compensation, foreign-derived deduction eligible income, and the U.S. federal research tax credit.

Key facts

• Income tax expense was $11,800 million for the second quarter of fiscal year 2027 and $23,400 million for the first half of fiscal year 2027. source
• Income tax as a percentage of income before income tax was 16.5% for the second quarter and 16.5% for the first half of fiscal year 2027. source