Nvidia (NVDA) earnings report Q4 2026

Nvidia reported better-than-expected fiscal fourth-quarter outcomes on Wednesday, pushed by 75% income development in its core information middle enterprise. The inventory rose about 2% in prolonged buying and selling.

This is how the corporate did, in contrast with estimates from analysts polled by LSEG:

Earnings per share: $1.62 adjusted vs. $1.53 estimatedRevenue: $68.13 billion vs. $66.21 billion estimated

Nvidia’s complete income for the quarter climbed 73% from $39.3 billion a yr earlier. The corporate now will get over 91% of gross sales from its information middle unit, which homes its market main synthetic intelligence chips.

Information middle income got here in at $62.3 billion for the quarter, forward of expectations for $60.69 billion, in response to StreetAccount.

Web earnings nearly doubled to $43 billion, or $1.76 a share, from $22.1 billion, or 89 cents per share, in the identical quarter a yr in the past, the corporate mentioned in a press launch.

Income for the fiscal first quarter is predicted to be $78 billion, plus or minus 2%, Nvidia mentioned. Analysts had been anticipating $72.6 billion. Nvidia mentioned it is not assuming information middle income from China in its forecast.

Nvidia’s inventory is outperforming all of its megacap friends up to now this yr, as the corporate continues to be the main beneficiary of the AI growth. As of Wednesday’s shut, the shares are up 5% in 2026, whereas the Nasdaq is down 0.4%. The one different firm within the trillion-dollar membership to indicate beneficial properties this yr is Apple, which is up lower than 1%.

Wall Road acquired preview of what to anticipate from Nvidia when the 4 main hyperscalers — Alphabet, Amazon, Meta and Microsoft — reported quarterly outcomes a number of weeks in the past. Based mostly on their forecasts for capital expenditures together with analyst estimates, mixed capex for the yr might strategy $700 billion because the tech giants construct out their AI infrastructure.

In its CFO commentary, Nvidia mentioned hyperscalers “remained our largest buyer class,” accounting for simply over 50% of information middle income.

Inside the information middle enterprise, Nvidia reported $10.98 billion in gross sales for the corporate’s networking elements, that are used to attach lots of of graphics processing items. These gross sales had been up 263% yr over yr, reflecting robust adoption of the corporate’s NVLink networking know-how, in addition to its Spectrum-X Ethernet switches with new offers from giants like Meta.

Nvidia’s gaming unit, which was its largest, recorded income development of 47% from a yr in the past to $3.7 billion, however fell 13% from the earlier quarter. Analysts have speculated that Nvidia could skip the launch of a brand new gaming GPU this yr, as reminiscence constraints drive chipmakers to prioritize AI processors. For Nvidia, meaning AI accelerators largely offered in rack-scale methods just like the 72-GPU Grace Blackwell.

Reminiscence has been an space of potential concern for buyers due to a world scarcity. The corporate mentioned it is increasing its provide chain past Asia, the place it is concentrated, and into the U.S. and Latin America.

“These strikes are anticipated to strengthen our provide chain, add resiliency and redundancy, and meet the rising demand for AI infrastructure,” Nvidia mentioned it its quarterly submitting. “Our skill to extend manufacturing capabilities will depend upon the native area’s manufacturing ecosystem’s capability to ramp manufacturing provide to the required quantity and on a well timed foundation.”

In automotive, which incorporates chips for vehicles and robots, Nvidia reported gross sales of $604 million for the quarter, up 6% from a yr earlier and under analysts’ expectations of $654.8 million , in response to StreetAccount.

That is breaking information. Please examine again for updates.

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