NVIDIA Corporation Free Cash Flow Generation Index

Latest as of January 2026: 0.96x

NVIDIA Corporation 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).

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

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

Free cash flow generation index of NVIDIA Corporation from 2000 to 2026. Historical FCF Generation Index trend for NVIDIA Corporation across 27 annual periods. See NVIDIA Corporation leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

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

NVIDIA Corporation free cash flow generation index by year from 2000 to 2026. Year-by-year Free Cash Flow Generation Index for NVIDIA Corporation. For the full cash flow conversion analysis, see NVDA cash generation efficiency.

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).