NVIDIA Corporation (NVDA) — Free Cash Flow Generation Index
NVIDIA Corporation (NVDA) has a Free Cash Flow Generation Index of 0.96x as of January 2026. Free cash flow of $34.90 Billion represents 1% of operating cash flow ($36.19 Billion). Explore NVDA capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
NVIDIA Corporation Free Cash Flow Generation Index (2000–2026)
Historical FCF Generation Index trend for NVIDIA Corporation across 27 annual periods. For the full cash flow conversion analysis, see NVDA operating cash flow.
Annual Free Cash Flow Generation for NVIDIA Corporation (2000–2026)
Year-by-year Free Cash Flow Generation Index for NVIDIA Corporation. Check NVDA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.94x | $96.68 Billion | $102.72 Billion | $6.04 Billion | ▼ -0.9% |
| 2025 | 0.95x | $60.85 Billion | $64.09 Billion | $3.24 Billion | ▼ -1.3% |
| 2024 | 0.96x | $27.02 Billion | $28.09 Billion | $1.07 Billion | ▲ +42.5% |
| 2023 | 0.68x | $3.81 Billion | $5.64 Billion | $1.83 Billion | ▼ -24.4% |
| 2022 | 0.89x | $8.13 Billion | $9.11 Billion | $976.00 Million | ▲ +10.7% |
| 2021 | 0.81x | $4.69 Billion | $5.82 Billion | $1.13 Billion | ▼ -10.1% |
| 2020 | 0.90x | $4.27 Billion | $4.76 Billion | $489.00 Million | ▲ +6.9% |
| 2019 | 0.84x | $3.14 Billion | $3.74 Billion | $600.00 Million | ▲ +1.1% |
| 2018 | 0.83x | $2.91 Billion | $3.50 Billion | $593.00 Million | ▼ -7.2% |
| 2017 | 0.89x | $1.50 Billion | $1.67 Billion | $176.00 Million | ▼ -3.5% |
| 2016 | 0.93x | $1.09 Billion | $1.18 Billion | $86.00 Million | ▲ +7.1% |
| 2015 | 0.87x | $784.00 Million | $906.00 Million | $122.00 Million | ▲ +24.6% |
| 2014 | 0.69x | $580.00 Million | $835.00 Million | $255.00 Million | ▼ -10.7% |
| 2013 | 0.78x | $640.86 Million | $824.17 Million | $183.31 Million | ▼ -8.2% |
| 2012 | 0.85x | $770.42 Million | $909.16 Million | $138.74 Million | ▼ -0.9% |
| 2011 | 0.86x | $577.91 Million | $675.80 Million | $97.89 Million | ▲ +1.7% |
| 2010 | 0.84x | $410.21 Million | $487.81 Million | $77.60 Million | ▲ +232.5% |
| 2009 | -0.63x | $-158.31 Million | $249.36 Million | $407.67 Million | ▼ -174.5% |
| 2008 | 0.85x | $1.08 Billion | $1.27 Billion | $187.75 Million | ▲ +13.2% |
| 2007 | 0.75x | $441.86 Million | $587.11 Million | $145.26 Million | ▼ -8.4% |
| 2006 | 0.82x | $366.81 Million | $446.41 Million | $79.60 Million | ▲ +67.3% |
| 2005 | 0.49x | $64.94 Million | $132.20 Million | $67.26 Million | ▲ +131.3% |
| 2004 | -1.57x | $-77.93 Million | $49.68 Million | $127.60 Million | ▼ -305.9% |
| 2003 | 0.76x | $201.91 Million | $265.03 Million | $63.12 Million | ▲ +45641.5% |
| 2002 | 0.00x | $-269.00K | $160.81 Million | $161.07 Million | ▼ -100.2% |
| 2001 | 0.86x | $231.58 Million | $267.91 Million | $36.33 Million | ▲ +220.4% |
| 2000 | 0.27x | $4.28 Million | $15.87 Million | $11.59 Million | — |