NVIDIA (LIM:NVDA) Tax Rate % : 12.91% (As of Jan. 2024)

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What is NVIDIA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NVIDIA's Tax Expense for the three months ended in Jan. 2024 was $1,821 Mil. NVIDIA's Pre-Tax Income for the three months ended in Jan. 2024 was $14,106 Mil. Therefore, NVIDIA's Tax Rate % for the quarter that ended in Jan. 2024 was 12.91%.

NVIDIA Tax Rate % Historical Data

The historical data trend for NVIDIA's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NVIDIA Tax Rate % Chart

NVIDIA Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Tax Rate %

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5.86

1.75

1.90

-4.47

12.00

NVIDIA Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															-9.78	7.51	11.36	12.16	12.91

NVIDIA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NVIDIA's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2024 )	/	Pre-Tax Income (A: Jan. 2024 )
	=	4058	/	33818
	=	12.00 %

NVIDIA's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	1821	/	14106
	=	12.91 %

NVIDIA Tax Rate % Related Terms

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NVIDIA (LIM:NVDA) Business Description

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Address

2788 San Tomas Expressway, Santa Clara, CA, USA, 95051

Website

https://www.nvidia.com

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.