NVIDIA Corporation (NVDA) — Cash Flow Reinvestment Rate

Latest as of January 2026: 0.49x

NVIDIA Corporation (NVDA) has a Cash Flow Reinvestment Rate of 0.49x as of January 2026, reinvesting $17.70 Billion (capex $1.28 Billion plus investments $-16.41 Billion) from operating cash flow of $36.19 Billion. See NVDA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.49x
(Capex + Investments) / Operating CF

Total Reinvested

$17.70 Billion
Capex + Investments

Operating Cash Flow

$36.19 Billion
USD

Capital Expenditures

$1.28 Billion
USD

NVIDIA Corporation Cash Flow Reinvestment Rate (2000–2026)

Historical reinvestment intensity for NVIDIA Corporation across 27 annual periods. For the full cash flow conversion analysis, see NVDA cash flow conversion.

Annual Cash Flow Reinvestment Rate for NVIDIA Corporation (2000–2026)

Year-by-year capital reinvestment analysis for NVIDIA Corporation. See NVDA financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2026 0.37x $37.69 Billion $102.72 Billion $6.04 Billion ▼ -0.6%
2025 0.37x $23.66 Billion $64.09 Billion $3.24 Billion ▼ -10.9%
2024 0.41x $11.63 Billion $28.09 Billion $1.07 Billion ▼ -74.6%
2023 1.63x $9.21 Billion $5.64 Billion $1.83 Billion ▲ +55.4%
2022 1.05x $9.57 Billion $9.11 Billion $976.00 Million ▼ -45.0%
2021 1.91x $11.12 Billion $5.82 Billion $1.13 Billion ▲ +27.4%
2020 1.50x $7.14 Billion $4.76 Billion $489.00 Million ▲ +37.3%
2019 1.09x $4.09 Billion $3.74 Billion $600.00 Million ▲ +104.4%
2018 0.53x $1.87 Billion $3.50 Billion $593.00 Million ▼ -7.8%
2017 0.58x $969.00 Million $1.67 Billion $176.00 Million ▲ +60.2%
2016 0.36x $425.00 Million $1.18 Billion $86.00 Million ▼ -56.1%
2015 0.82x $747.00 Million $906.00 Million $122.00 Million ▼ -14.8%
2014 0.97x $808.44 Million $835.00 Million $255.00 Million ▲ +7.2%
2013 0.90x $744.34 Million $824.17 Million $183.31 Million ▲ +3.6%
2012 0.87x $792.89 Million $909.16 Million $138.74 Million ▼ -9.0%
2011 0.96x $647.51 Million $675.80 Million $97.89 Million ▼ -10.0%
2010 1.06x $519.12 Million $487.81 Million $77.60 Million ▼ -34.9%
2009 1.63x $407.67 Million $249.36 Million $407.67 Million ▲ +1006.1%
2008 0.15x $187.75 Million $1.27 Billion $187.75 Million ▼ -40.3%
2007 0.25x $145.26 Million $587.11 Million $145.26 Million ▲ +38.7%
2006 0.18x $79.60 Million $446.41 Million $79.60 Million ▼ -65.0%
2005 0.51x $67.26 Million $132.20 Million $67.26 Million ▼ -80.2%
2004 2.57x $127.60 Million $49.68 Million $127.60 Million ▲ +978.5%
2003 0.24x $63.12 Million $265.03 Million $63.12 Million ▼ -76.2%
2002 1.00x $161.07 Million $160.81 Million $161.07 Million ▲ +638.7%
2001 0.14x $36.33 Million $267.91 Million $36.33 Million ▼ -81.4%
2000 0.73x $11.59 Million $15.87 Million $11.59 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow