NVIDIA reported record-breaking results driven by exponential demand for AI compute, with significant growth in Data Center revenue. The company is strategically positioned for future growth with new platforms and expanded partnerships, while also returning substantial capital to shareholders.
Record quarterly revenue of $68.1 billion, up 73% year-over-year, driven by strong Data Center performance.
positiveData Center revenue reached a record $62.3 billion, up 75% year-over-year, fueled by AI and accelerated computing demand.
positiveFull-year revenue grew 65% to a record $215.9 billion.
positiveGAAP gross margin improved to 75.0% in Q4 FY26 from 73.0% in Q4 FY25.
positiveDiluted EPS of $1.76 (GAAP) and $1.62 (non-GAAP) in Q4 FY26, showing significant year-over-year growth.
positiveReturned $41.1 billion to shareholders in fiscal 2026 through share repurchases and cash dividends.
positiveGross margin for the full fiscal year 2026 was 71.1% (GAAP) and 71.3% (non-GAAP), a decrease from 75.0% (GAAP) and 75.5% (non-GAAP) in fiscal 2025.
attentionOperating expenses increased significantly, up 45% year-over-year for GAAP and 51% for non-GAAP in Q4 FY26.
attentionGaming revenue decreased 13% from the previous quarter, attributed to channel inventory moderation after holiday demand.
attentionAutomotive revenue showed modest growth, up only 2% from Q3 and 6% from a year ago.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % 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.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
| Metric | Value | Period | Specificity | vs Prior |
|---|---|---|---|---|
| revenue | $78 billion, plus or minus 2% | Q1 FY2027 | — | — |
| gross_margin | 74.9% and 75%, respectively, plus or minus 50 basis points | Q1 FY2027 | — | — |
| gross_margin | mid-70s | FY2027 | — | — |
| operating_expenses | approximately $7.7 billion | Q1 FY2027 | — | — |
| operating_expenses | low 40s | FY2027 | — | — |
| tax_rate | between 7% and 19% | FY2027 | — | — |
The agentic AI inflection point has arrived, driving exponential demand for AI compute.
NVIDIA's new platforms like Grace Blackwell and Vera Rubin are delivering significant cost reductions for inference.
Enterprise adoption of AI agents is skyrocketing, leading customers to invest heavily in AI compute infrastructure.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.