As of Q4'26 (2026-01-25), NVIDIA's gross margin stands at 74.99%, operating margin at 65.02%, and net profit margin at 63.06%. These figures represent strong profitability across all levels, with the latest quarter showing particularly robust net profit margin performance. Over the period from Q1'24 to Q4'26, all three margins have demonstrated a generally upward trend, peaking in early 2025 before experiencing a brief dip in Q1'26, then rebounding strongly by Q4'26. Gross margin increased from 64.6% to nearly 75%, while operating and net profit margins saw even more pronounced improvements, with net margin rising from 28.4% to over 63%. This trend suggests sustained efficiency improvements and profitability expansion for NVIDIA, despite some volatility in mid-2025 to early 2026.