NVIDIA Pro Forma Financial Model Dashboard

Historical actuals through FY2026 with a derived FY2027–FY2029 forecast. Projected periods are shaded across time-series views for quick separation from the historical base.

FY29 Revenue
Forecast endpoint revenue scale
Derived model output
FY29 Net Income
Profit level implied by the model
Forecast endpoint
FY26–FY29 Revenue CAGR
Annualized growth across forecast years
Compounding trajectory
FY29 ROE
Return on equity at forecast endpoint
Based on ratio model
Model readout

The historical series shows a sharp financial inflection from FY2024 onward, with revenue expanding from roughly $60.9B in FY2024 to $215.9B by FY2026. The forecast then extends that scale-up aggressively across FY2027–FY2029.

Gross margin stabilizes near the low-70% range in the forecast while net margin stays around the mid-50% range.
R&D and SG&A intensity fall materially from earlier years and then flatten in the forecast, indicating operating leverage in the projected model.
The FY2029 bridge shows that most of revenue converts to gross profit and operating income, with a relatively smaller reduction from other items between operating income and net income.
Forecast snapshot (FY2027–FY2029)
Year Revenue Operating Income Net Income Gross Margin Net Margin ROE
Revenue vs Net Income trajectory Historical segment is solid; forecast segment is dashed and shaded
Expense intensity as a share of revenue R&D % and SG&A % by fiscal year
Gross Margin vs Net Margin Area chart across actuals and forecast
FY2029 net income walk from revenue Waterfall bridge using the latest projected year
Return and operating efficiency trend ROE and Operating Margin trajectory