NVIDIA CORP (NVDA) Earnings History

NVIDIA CORP - Q4 FY2026 EarningsBeat

Filed at: Feb 25, 2026, 4:31 PM EST|Read from source

EXECUTIVE SUMMARY

NVIDIA reported a record-breaking fourth quarter and fiscal year 2026, driven by exponential growth in computing demand and the inflection point of agentic AI. The company saw substantial revenue and profit increases across all segments, particularly in Data Center, and is strategically positioning for future leadership with new platforms and partnerships.

POSITIVE HIGHLIGHTS

  • •

    Record quarterly revenue of $68.1 billion, up 20% from Q3 and 73% from a year ago.

    positive
  • •

    Record full-year revenue of $215.9 billion, up 65% from a year ago.

    positive
  • •

    Record quarterly Data Center revenue of $62.3 billion, up 22% from Q3 and 75% from a year ago.

    positive
  • •

    GAAP diluted EPS of $1.76, up 98% from a year ago.

    positive
  • •

    Full-year GAAP diluted EPS of $4.90, up 67% from a year ago.

    positive
  • •

    GAAP gross margin of 75.0% for the quarter, up 2.0 percentage points from a year ago.

    positive
  • •

    Returned $41.1 billion to shareholders in fiscal 2026 through share repurchases and cash dividends.

    positive

CONCERNS & RISKS

  • •

    Inventories increased to $21.4 billion from $10.08 billion a year ago, a 112% increase YoY.

    attention
  • •

    Full-year GAAP gross margin decreased to 71.1% from 75.0% in the prior year, a 3.9 percentage point decline.

    attention
  • •

    Gaming revenue down 13% from the previous quarter as channel inventory moderated.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$39.33B
-31.0%
Prior year: $57.01B
Net Income
Quarterly
$22.09B
-30.8%
Prior year: $31.91B
EPS (Diluted)
Quarterly
$0.89
-31.5%
Prior year: $1.30
Operating Income
Quarterly
$24.03B
-33.3%
Prior year: $36.01B
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Gross Margin
Current Quarter
75.0%
Prior Year
73.0%
YoY Change
+200 bps
Operating Margin
Current Quarter
65.0%
Prior Year
61.1%
YoY Change
+393 bps
Net Margin
Current Quarter
63.1%
Prior Year
56.2%
YoY Change
+690 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q4 FY2026 2026

VISUAL OVERVIEW

|
Data Center
0.0%
N/A
Gaming
0.0%
N/A
Professional Visualization
0.0%
N/A
Automotive and Robotics
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Data Center
N/A———
Gaming
N/A———
Professional Visualization
N/A———
Automotive and Robotics
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

MANAGEMENT GUIDANCE

Q1 FY2027

revenue
$76440000.0B—$79560000.0B
Mid-point: $78000000.0B

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

Record quarterly revenue of $68.1 billion, up 20% from Q3 and up 73% from a year ago.

— NVIDIA CORP, Q4 FY2026 2026 Earnings Call

Record quarterly Data Center revenue of $62.3 billion, up 22% from Q3 and up 75% from a year ago.

— NVIDIA CORP, Q4 FY2026 2026 Earnings Call

Computing demand is growing exponentially — the agentic AI inflection point has arrived.

— NVIDIA CORP, Q4 FY2026 2026 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Inventory
21403.0M
+112.3% YoY
Prior year: 10080.0M
millions

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.

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