NVIDIA Announces Financial Results for Second Quarter Fiscal 2025



NVIDIA CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
         
         
   Three Months Ended  Six Months Ended
   July 28,  July 30,  July 28,  July 30,
    2024    2023    2024    2023 
         
Cash flows from operating activities:       
Net income$16,599  $6,188  $31,480  $8,232 
Adjustments to reconcile net income to net cash provided by operating activities:       
 Stock-based compensation expense 1,154   842   2,164   1,576 
  Depreciation and amortization   433       365       843       749  
  Gains on investments in non-affiliated entities and publicly-held equity securities, net   (193 )     (60 )     (264 )     (45 )
  Deferred income taxes   (1,699 )     (746 )     (3,276 )     (1,881 )
  Other   (144 )     (69 )     (288 )     (102 )
Changes in operating assets and liabilities, net of acquisitions:              
  Accounts receivable   (1,767 )     (2,986 )     (4,133 )     (3,239 )
  Inventories   (803 )     296       (1,380 )     861  
  Prepaid expenses and other assets   714       (376 )     (12 )     (592 )
  Accounts payable   823       777       801       789  
  Accrued liabilities and other current liabilities   (888 )     1,986       3,314       2,675  
  Other long-term liabilities   260       131       584       236  
Net cash provided by operating activities   14,489       6,348       29,833       9,259  
Cash flows from investing activities:              
  Proceeds from maturities of marketable securities   4,094       2,598       8,098       5,111  
  Proceeds from sales of marketable securities   15       -       164       -  
  Purchases of marketable securities   (5,744 )     (2,542 )     (15,047 )     (5,343 )
  Purchase related to property and equipment and intangible assets   (977 )     (289 )     (1,346 )     (537 )
  Acquisitions, net of cash acquired   (279 )     -       (317 )     (83 )
  Purchases of investments in non-affiliated entities   (344 )     (235 )     (534 )     (456 )
  Proceeds from sales of investments in non-affiliated entities   50       -       105       -  
  Other   -       21       -       21  
Net cash used in investing activities   (3,185 )     (447 )     (8,877 )     (1,287 )
Cash flows from financing activities:              
  Proceeds related to employee stock plans   -       1       285       247  
  Payments related to repurchases of common stock   (7,158 )     (3,067 )     (14,898 )     (3,067 )
  Repayment of debt   (1,250 )     (1,250 )     (1,250 )     (1,250 )
  Payments related to tax on restricted stock units   (1,637 )     (672 )     (3,389 )     (1,179 )
  Dividends paid   (246 )     (99 )     (344 )     (199 )
  Principal payments on property and equipment and intangible assets   (29 )     (11 )     (69 )     (31 )
Net cash used in financing activities   (10,320 )     (5,098 )     (19,665 )     (5,479 )
Change in cash, cash equivalents, and restricted cash   984       803       1,291       2,493  
Cash, cash equivalents, and restricted cash at beginning of period   7,587       5,079       7,280       3,389  
Cash, cash equivalents, and restricted cash at end of period $ 8,571     $ 5,882     $ 8,571     $ 5,882  
                 
Reconciliation of cash, cash equivalents, and restricted cash to the Condensed Consolidated Balance Sheet:              
  Cash and cash equivalents $ 8,563     $ 5,783     $ 8,563     $ 5,783  
  Restricted cash, included in Prepaid expenses and other current assets   8       99       8       99  
Total cash, cash equivalents, and restricted cash $ 8,571     $ 5,882     $ 8,571     $ 5,882  
                 
Supplemental disclosures of cash flow information:              
Cash paid for income taxes, net $ 7,208     $ 227     $ 7,449     $ 328  
                               

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise