NVIDIA Financial and Strategic Overview
RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (CONTD.)
OPERATING MARGIN
($ IN MILLIONS &
MARGIN PERCENTAGE)
NON-GAAP
ACQUISITION-
RELATED AND
OTHER COSTS (A)
STOCK-BASED
COMPENSATION
OTHER
GAAP
(C)
(B)
$3,617
(13)
(391)
(3)
$3,210
FY 2018
37.2%
(0.2)
(4.0)
33.0%
$4,407
(2)
(557)
(44)
$3,804
FY 2019
37.6%
(4.7)
(0.4)
32.5%
$3,735
(31)
(844)
(14)
$2,846
FY 2020
34.2%
(0.3)
(7.7)
(0.1)
26.1%
$6,803
(836)
(1,397)
(38)
$4,532
FY 2021
40.8%
(5.0)
(8.4)
(0.2)
27.2%
$12,690
(636)
(2,004)
(9)
$10,041
FY 2022
47.2%
(2.5)
(7.4)
37.3%
A. Consists of amortization of acquisition-related intangible assets, inventory step-up, transaction costs, compensation charges, and other costs
B. Stock-based compensation charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense
C. Comprises of IP-related costs, legal settlement costs, contributions, and restructuring and other charges
NVIDIAView entire presentation