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We determine revenue recognition through. Read moreĬash provided by operating activities.

Professional Visualization revenue was up. Net income and net income per diluted share were $9.75 billion and $3.85, up 125% and 123%, respectively, from a year ago.Ĭost of revenue consists primarily of the cost of semiconductors, including wafer fabrication, assembly, testing and packaging, board and device costs, manufacturing support costs, including labor and overhead associated with such purchases, final test yield fallout, inventory and warranty provisions, memory and component costs, tariffs, and shipping costs. The overall net effect on our gross margin from inventory provisions and sales of items previously written down was an unfavorable impact of 0.9% in fiscal year 2022 and insignificant in fiscal year 2021.Ĭhanges in working capital were primarily driven by prepayments of $1.87 billion for long-term supply agreements and increases in trade receivables due to higher revenue.Ĭash, cash equivalents and marketable securities were $21.21 billion, up from $11.56 billion a year earlier.

Other Inside Nvidia Corp's 10-K Annual Report: