NVIDIA 10-Q shows $279B in supply commitments, up from $119B in one quarter

NVIDIA's 10-Q for the quarter ended July 26, 2026 lists supply and capacity commitments of $279 billion, up from $119 billion the prior quarter, and total future commitments of $366 billion. Inventories were $31.6 billion at quarter end. Five direct customers made up 22%, 14%, 13%, 11% and 10% of accounts receivable, which shows how concentrated the receivables book is.

• Supply and capacity commitments $279B, up from $119B last quarter (Note 10)
• Total future commitments $366B
• Inventories $31.6B at July 26, 2026
• Five direct customers at 22%, 14%, 13%, 11% and 10% of accounts receivable
• Excess inventory purchase obligations accrued: $2.1B