Nvidia Surpasses Apple in Shareholder Returns, Analysts Predict

Nvidia is rapidly becoming a major player in shareholder returns, rivaling even Apple's legendary capital return machine. According to Evercore ISI analysts, Nvidia will return $115 billion to shareholders in calendar year 2026 and a staggering $230 billion in 2027.

In its fiscal second quarter ending July 2026, Nvidia allocated a record $26 billion to shareholders. This breakdown included approximately $20 billion in stock repurchases and $6 billion in dividends.

Nvidia has committed to returning at least 50% of its free cash flow to investors on an annual basis. The company raised its quarterly dividend from $0.01 to $0.25 per share, a 25x increase, back in May 2026.