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=== Finances === [[File:NVIDIA Stock Price.webp|thumb|upright=1.06|Nvidia stock price (1999β2023)]] {| class="wikitable floatright" style="text-align: right;" |+ 10-year financials (2016β2025) !Year !Revenue<br />(mn. US$) !Net income<br />(mn. US$) !Employees |- ! scope="row" |2016 |5,010 |614 |9,227 |- ! scope="row" |2017 |6,910 |1,666 |10,299 |- ! scope="row" |2018 |9,714 |3,047 |11,528 |- ! scope="row" |2019 |11,716 |4,141 |13,277 |- ! scope="row" |2020 |10,918 |2,796 |13,775 |- ! scope="row" |2021 |16,675 |4,332 |18,975 |- ! scope="row" |2022 |26,914 |9,752 |22,473 |- ! scope="row" |2023 |26,974 |4,368 |26,000 |- ! scope="row" |2024 |60,922 |29,760 |29,600 |- ! scope="row" |2025 |130,497 | 72,880 |36,000 |} For the fiscal year 2020, Nvidia reported earnings of US$2.796 billion, with an annual revenue of US$10.918 billion, a decline of 6.8% over the previous fiscal cycle. Nvidia's shares traded at over $531 per share, and its market capitalization was valued at over US$328.7 billion in January 2021. As of late Q3 2024, Nvidia's market cap is around US$2.98 trillion.<ref>{{cite web | url=https://www.google.com/finance/quote/NVDA | title=Google Finance - Stock Market Prices, Real-time Quotes & Business News }}</ref><ref name=":0">{{Cite web |title=NVIDIA Corporation β Financial Info β Annual Reports and Proxies |url=https://investor.nvidia.com/financial-info/annual-reports-and-proxies/default.aspx |access-date=November 18, 2018 |website=investor.nvidia.com |language=en-US |archive-date=January 14, 2021 |archive-url=https://web.archive.org/web/20210114133504/https://investor.nvidia.com/financial-info/annual-reports-and-proxies/default.aspx |url-status=live}}</ref> For the Q2 of 2020, Nvidia reported sales of $3.87 billion, which was a 50% rise from the same period in 2019. The surge in sales and people's higher demand for computer technology. According to the financial chief of the company, Colette Kress, the effects of the pandemic will "likely reflect this evolution in enterprise workforce trends with a greater focus on technologies, such as Nvidia laptops and virtual workstations, that enable remote work and virtual collaboration."<ref>{{Cite news |last=Armental |first=Maria |date=August 19, 2020 |title=Nvidia Posts Record Sales as Pandemic Sustains Demand for Gaming, Data-Center Chips |work=[[The Wall Street Journal]] |url=https://www.wsj.com/articles/nvidia-posts-record-sales-as-pandemic-sustains-demand-for-gaming-data-center-chips-11597871110?mod=business_lead_pos13 |access-date=August 20, 2020 |archive-date=August 20, 2020 |archive-url=https://web.archive.org/web/20200820183702/https://www.wsj.com/articles/nvidia-posts-record-sales-as-pandemic-sustains-demand-for-gaming-data-center-chips-11597871110?mod=business_lead_pos13 |url-status=live}}</ref> In May 2023, Nvidia crossed $1 trillion in market valuation during trading hours,<ref name="CNBC 5-30-2023">{{cite news |last=Goswami |first=Rohan |date=May 30, 2023 |title=Nvidia crosses into $1 trillion market cap before giving back gains |publisher=CNBC |url=https://www.cnbc.com/2023/05/30/nvidia-on-track-to-hit-1-trillion-market-cap-when-market-opens.html|access-date=May 30, 2023|archive-date=May 30, 2023|archive-url=https://web.archive.org/web/20230530130905/https://www.cnbc.com/2023/05/30/nvidia-on-track-to-hit-1-trillion-market-cap-when-market-opens.html|url-status=live}}</ref> and grew to $1.2 trillion by the following November.<ref>{{cite news |last=Levy |first=Ari |date=November 20, 2023 |title=Nvidia stock closes at all-time high, a day before earnings |publisher=CNBC |url=https://www.cnbc.com/2023/11/20/nvidia-earnings-report-to-give-investors-peek-into-ai-demand-for-2024.html|access-date=November 20, 2023|archive-date=November 20, 2023|archive-url=https://web.archive.org/web/20231120211443/https://www.cnbc.com/2023/11/20/nvidia-earnings-report-to-give-investors-peek-into-ai-demand-for-2024.html|url-status=live}}</ref> For its strength, size and market capitalization, Nvidia has been selected to be one of Bloomberg's "[[Big_Tech#Magnificent_Seven|Magnificent Seven]]", the seven biggest companies on the stock market in these regards.
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