NVDA · Nvidia
Nvidia 2015–2026: from graphics-card maker to most valuable company
2015–2026 · ~470× to date
For scale: buying every US stock breakout from 2018 to 2026 with no selection returned a median −22.6% a year later, measured on the 14,674 with a full twelve months of data. How it was measured
Measured from 2015 to August 2026, Nvidia's run reached ~470×. In the fiscal year that ended in January 2015 the company reported revenue of $4.68 billion and net income of $631 million, and it was known mainly for gaming graphics cards. Its results release that year already listed deep learning among the uses of its Tesla accelerated-computing platform.
The climb was not continuous. On 15 November 2018 Nvidia forecast fourth-quarter revenue of $2.70 billion against about $3.40 billion expected, as graphics cards left over from the cryptocurrency bust sat unsold with distributors, and the shares fell 18.8% the next day. On 18 June 2024 it passed Microsoft as the world's most valuable company, at about $3.34 trillion. Revenue for the fiscal year ended January 2026 was $215.9 billion, up 65%, with $193.7 billion from data centres. This account ends in August 2026, with the run unresolved at that date.
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Free: six classic runs
Sources: Nvidia FY2015 results · Motley Fool, 14 Jan 2019 · CNBC, 18 Jun 2024 · Nvidia FY2026 results. Price figures are split-adjusted, not dividend-adjusted.
The Runner Tape and its staff hold no financial or other interest, direct or indirect, in NVDA — no shares, no options or other derivatives, no compensation or arrangement of any kind connected with it — and have received no consideration from any person in connection with it being covered here.