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As of Q4'26 (2026-01-25), NVDA's EV/EBITDA ratio stands at 88.38, marking a significant increase from the previous quarter's value of 38.05. This latest data point reflects a sharp upward movement after several quarters of relative stability. Over the period from Q1'24 to Q4'26, the EV/EBITDA ratio for NVDA exhibited substantial volatility. The metric peaked at 150.46 in Q1'24, followed by a pronounced decline to 47.50 by Q4'24 and further stabilization in the 36–55 range through Q3'26. The sudden spike in Q4'26 suggests a notable shift in market valuation or earnings expectations, interrupting the preceding downward and stable trend.