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). Read how much debt does NVIDIA Corporation carry for a breakdown of total debt and financial obligations.

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 reinvestment intensity of NVIDIA Corporation to see what proportion of operating cash flow is directed to capital expenditures.

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 NVDA market cap overview.

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).