10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Jan 29, 2023 10-K (Filed: Feb 24, 2023) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | |
| Revenue | $ 26,974 | 26,914 | 16,675 |
| Cost of revenue | 11,618 | 9,439 | 6,279 |
| Gross profit | 15,356 | 17,475 | 10,396 |
| Operating expenses | |||
| Research and development | 7,339 | 5,268 | 3,924 |
| Sales, general and administrative | 2,440 | 2,166 | 1,940 |
| Acquisition termination cost | 1,353 | 0 | 0 |
| Total operating expenses | 11,132 | 7,434 | 5,864 |
| Income from operations | 4,224 | 10,041 | 4,532 |
| Interest income | 267 | 29 | 57 |
| Interest expense | (262) | (236) | (184) |
| Other, net | (48) | 107 | 4 |
| Other income (expense), net | (43) | (100) | (123) |
| Income before income tax | 4,181 | 9,941 | 4,409 |
| Income tax expense (benefit) | (187) | 189 | 77 |
| Net income | 4,368 | 9,752 | 4,332 |
| Net income per share: | |||
| Basic (in USD per share) | 1.76 | 3.91 | 1.76 |
| Diluted (in USD per share) | 1.74 | 3.85 | 1.73 |
| Weighted average shares used in per share computation: | |||
| Basic (in shares) | 2,487 | 2,496 | 2,467 |
| Diluted (in shares) | 2,507 | 2,535 | 2,510 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Jan 29, 2023 10-K (Filed: Feb 24, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | |
| Net income | $ 4,368 | 9,752 | 4,332 |
| Other comprehensive income (loss), net of tax | |||
| Available-for-sale debt securities: | |||
| Net unrealized gain (loss) | (31) | (16) | 2 |
| Reclassification adjustments for net realized gain (loss) included in net income | 1 | 0 | (2) |
| Net change in unrealized loss | (30) | (16) | 0 |
| Cash flow hedges: | |||
| Net unrealized gain (loss) | 47 | (43) | 9 |
| Reclassification adjustments for net realized gain (loss) included in net income | (49) | 29 | 9 |
| Net change in unrealized gain (loss) | (2) | (14) | 18 |
| Other comprehensive income (loss), net of tax | (32) | (30) | 18 |
| Total comprehensive income | 4,336 | 9,722 | 4,350 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 29, 2023 10-K (Filed: Feb 24, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | |
| Cash flows from operating activities: | |||
| Net income | $ 4,368 | 9,752 | 4,332 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Stock-based compensation expense | 2,709 | 2,004 | 1,397 |
| Depreciation and amortization | 1,544 | 1,174 | 1,098 |
| Acquisition termination cost | 1,353 | 0 | 0 |
| Losses (gains) on investments in non-affiliates, net | 45 | (100) | 0 |
| Deferred income taxes | (2,164) | (406) | (282) |
| Other | (7) | 47 | (20) |
| Changes in operating assets and liabilities, net of acquisitions: | |||
| Accounts receivable | 822 | (2,215) | (550) |
| Inventories | (2,554) | (774) | (524) |
| Prepaid expenses and other assets | (1,517) | (1,715) | (394) |
| Accounts payable | (551) | 568 | 312 |
| Accrued and other current liabilities | 1,341 | 581 | 290 |
| Other long-term liabilities | 252 | 192 | 163 |
| Net cash provided by operating activities | 5,641 | 9,108 | 5,822 |
| Cash flows from investing activities: | |||
| Proceeds from maturities of marketable securities | 19,425 | 15,197 | 8,792 |
| Proceeds from sales of marketable securities | 1,806 | 1,023 | 527 |
| Purchases of marketable securities | (11,897) | (24,787) | (19,308) |
| Purchases related to property and equipment and intangible assets | (1,833) | (976) | (1,128) |
| Acquisitions, net of cash acquired | (49) | (263) | (8,524) |
| Investments and other, net | (77) | (24) | (34) |
| Net cash provided by (used in) investing activities | 7,375 | (9,830) | (19,675) |
| Cash flows from financing activities: | |||
| Proceeds related to employee stock plans | 355 | 281 | 194 |
| Payments related to repurchases of common stock | (10,039) | 0 | 0 |
| Payments related to tax on restricted stock units | (1,475) | (1,904) | (942) |
| Dividends paid | (398) | (399) | (395) |
| Principal payments on property and equipment | (58) | (83) | (17) |
| Issuance of debt, net of issuance costs | 0 | 4,977 | 4,968 |
| Repayment of debt | 0 | (1,000) | 0 |
| Other | (2) | (7) | (4) |
| Net cash provided by (used in) financing activities | (11,617) | 1,865 | 3,804 |
| Change in cash and cash equivalents | 1,399 | 1,143 | (10,049) |
| Cash and cash equivalents at beginning of period | 1,990 | 847 | |
| Cash and cash equivalents at end of period | 3,389 | 1,990 | 847 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | 1,404 | 396 | 249 |
| Cash paid for interest | 254 | 246 | 138 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2022 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 29, 2023 10-K (Filed: Feb 24, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 29, 2023 | Jan 30, 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,389 | 1,990 |
| Marketable securities | 9,907 | 19,218 |
| Accounts receivable, net | 3,827 | 4,650 |
| Inventories | 5,159 | 2,605 |
| Prepaid expenses and other current assets | 791 | 366 |
| Total current assets | 23,073 | 28,829 |
| Property and equipment, net | 3,807 | 2,778 |
| Operating lease assets | 1,038 | 829 |
| Goodwill | 4,372 | 4,349 |
| Intangible assets, net | 1,676 | 2,339 |
| Deferred income tax assets | 3,396 | 1,222 |
| Other assets | 3,820 | 3,841 |
| Total assets | 41,182 | 44,187 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 1,193 | 1,783 |
| Accrued and other current liabilities | 4,120 | 2,552 |
| Short-term debt | 1,250 | 0 |
| Total current liabilities | 6,563 | 4,335 |
| Long-term debt | 9,703 | 10,946 |
| Long-term operating lease liabilities | 902 | 741 |
| Other long-term liabilities | 1,913 | 1,553 |
| Total liabilities | 19,081 | 17,575 |
| Commitments and contingencies - see Note 13 | ||
| Shareholders equity: | ||
| Preferred stock, $0.001 par value; 2 shares authorized; none issued | 0 | 0 |
| Common stock, $0.001 par value; 8,000 shares authorized; 2,466 shares issued and outstanding as of January 29, 2023; 2,506 shares issued and outstanding as of January 30, 2022 | 2 | 3 |
| Additional paid-in capital | 11,971 | 10,385 |
| Accumulated other comprehensive loss | (43) | (11) |
| Retained earnings | 10,171 | 16,235 |
| Total shareholders' equity | 22,101 | 26,612 |
| Total liabilities and shareholders' equity | 41,182 | 44,187 |
| External Links | |
| NVIDIA CORP (NVDA) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |