NVIDIA Corporation (NVDA) — Free Cash Flow Generation Index

Latest as of January 2026: 0.96x

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). See NVDA working capital ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.96x
Free Cash Flow / Operating CF

Free Cash Flow

$34.90 Billion
USD

Operating Cash Flow

$36.19 Billion
USD

Capital Expenditures

$1.28 Billion
USD

NVIDIA Corporation Free Cash Flow Generation Index (2000–2026)

Historical FCF Generation Index trend for NVIDIA Corporation across 27 annual periods. Explore NVDA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for NVIDIA Corporation (2000–2026)

Year-by-year Free Cash Flow Generation Index for NVIDIA Corporation. For the full company profile including market capitalisation, see market value of NVIDIA Corporation.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).