Nvidia Earnings Report: Record $215.9B Fiscal Year, Q4 $68.1B as AI Demand Escalates
The latest nvidia earnings report shows NVIDIA delivered record revenue for fiscal 2026 of $215. 9 billion and a fourth-quarter haul of $68. 1 billion, underscoring fast-growing demand for AI compute and prompting a series of shareholder returns and strategic disclosures that matter for investors and customers.
Nvidia Earnings Report: top-line growth, margins and EPS
NVIDIA reported fourth-quarter revenue of $68. 1 billion for the quarter ended January 25, 2026, an increase of 20% from the prior quarter and up 73% from the same period a year earlier. For fiscal 2026, revenue totaled $215. 9 billion, up 65% from a year ago. GAAP and non-GAAP gross margins for the quarter were 75. 0% and 75. 2%, respectively; for fiscal 2026, GAAP and non-GAAP gross margins were 71. 1% and 71. 3%, respectively.
On an earnings-per-share basis, GAAP and non-GAAP diluted EPS for the quarter were $1. 76 and $1. 62. For fiscal 2026, GAAP and non-GAAP diluted EPS were $4. 90 and $4. 77.
Executive commentary and product leadership claims
NVIDIA’s founder and CEO Jensen Huang framed the results around a sharp rise in computing demand and an "agentic AI inflection point. " He named Grace Blackwell with NVLink as the current king of inference, attributing to that technology an order-of-magnitude lower cost per token, and said Vera Rubin will extend that leadership further. Huang described enterprise adoption of agents as skyrocketing and said customers are racing to invest in AI compute, calling those investments the factories powering the AI industrial revolution and future growth.
Shareholder returns, dividend and repurchase details
During fiscal 2026, NVIDIA returned $41. 1 billion to shareholders through share repurchases and cash dividends. At the end of the fourth quarter, $58. 5 billion remained under the company’s share repurchase authorization. NVIDIA will pay its next quarterly cash dividend of $0. 01 per share on April 1, 2026, to shareholders of record on March 11, 2026.
Accounting, outlook and investor access
Beginning in the first quarter of fiscal 2027, NVIDIA will include stock-based compensation expense in non-GAAP financial measures, noting that stock-based compensation is a foundational component of its compensation program to attract and retain talent. NVIDIA’s outlook for the first quarter of fiscal 2027 is as follows: unclear in the provided context.
The company uses a set of non-GAAP measures to supplement GAAP financial statements, including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP other income (expense), net, non-GAAP net income, non-GAAP net income or earnings per diluted share, and free cash flow. The reconciliations for fiscal years 2025 and 2026 adjust the related GAAP financial measures to exclude stock-based compensation expense, acquisition-related and other costs, other, gains/losses fr — unclear in the provided context.
Commentary on the quarter by Colette Kress, NVIDIA’s executive vice president and chief financial officer, is available online. NVIDIA will conduct a conference call with analysts and investors to discuss its fourth quarter and fiscal 2026 financial results and current financial prospects today at 2 p. m. Pacific time (5 p. m. Eastern time). A live webcast in listen-only mode will be accessible on NVIDIA’s investor relations website; the webcast will be recorded and available for replay until the company’s conference call to discuss its first quarter of fiscal 2027 results.
Market context, China chips and product expansions
Despite investor skepticism about large AI-related expenditures, the company posted record annual revenue of $215. 9 billion. Sales for the last three months of the financial year jumped 73% year over year. NVIDIA is described as the world’s most valuable publicly traded company with a market value around $4. 8 trillion and is a central supplier of chips to leading AI model developers, including OpenAI and Meta.
Commentary from market participants included Gene Munster, manager partner at Deepwater Asset Management, who said the buildout of AI infrastructure was likely to continue for a long time and added that AI is accelerating faster than many people not using these tools can grasp.
Investors have scrutinized the company’s expanding network of commercial deals and investments in other companies, and critics have raised concerns about potential circular financing arrangements that could cloud perceptions of AI demand. On geopolitics and China access, the company’s outlook did not include expectations about chip revenue in China. Last month, the Trump administration began allowing the sale of NVIDIA’s H200 chips, identified as the company’s second-most-advanced type, to Chinese customers under certain conditions; this week a U. S. Commerce Department official told lawmakers that none of those chips have yet been sold to Chinese customers.
On the product front, NVIDIA is expanding into more physical products. At the CES technology show in Las Vegas, Jensen Huang unveiled a new technology platform for self-driving cars and said an open-source AI model named "Alpamayo" will bring reasoning capabilities to autonomous vehicles.
All details above are drawn from the company’s disclosures and recent coverage; where the context lacked complete text or numeric specifics, the article notes that the information is unclear in the provided context.
