Nvda posts record $68.1 billion quarter and $215.9 billion fiscal year
nvda reported record revenue for the fourth quarter ended January 25, 2026, with quarterly revenue of $68. 1 billion and fiscal 2026 revenue of $215. 9 billion, figures the company tied directly to accelerating demand for AI compute.
Revenue and margins hit new highs
NVIDIA said quarterly revenue was $68. 1 billion for the period ended January 25, 2026, up 20% from the prior quarter and up 73% from a year earlier. For fiscal 2026, revenue totaled $215. 9 billion, up 65% from a year ago. The company posted GAAP and non-GAAP gross margins for the quarter of 75. 0% and 75. 2%, respectively, and for fiscal 2026 GAAP and non-GAAP gross margins of 71. 1% and 71. 3%, respectively.
Profitability: EPS for quarter and full year
For the quarter, GAAP earnings per diluted share were $1. 76 and non-GAAP earnings per diluted share were $1. 62. For fiscal 2026, GAAP EPS was $4. 90 and non-GAAP EPS was $4. 77.
Leadership: Jensen Huang on AI and inference
Jensen Huang, founder and CEO of NVIDIA, framed the results around AI demand and new compute platforms. He said the "agentic AI inflection point has arrived, " called Grace Blackwell with NVLink "the king of inference today — delivering an order-of-magnitude lower cost per token, " and said Vera Rubin "will extend that leadership even further. " He added that enterprise adoption of agents is "skyrocketing" and that customers are "racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth. "
Shareholder returns and dividend details
During fiscal 2026, NVIDIA returned $41. 1 billion to shareholders through share repurchases and cash dividends. As of the end of the fourth quarter, the company had $58. 5 billion remaining under its share repurchase authorization. NVIDIA will pay its next quarterly cash dividend of $0. 01 per share on April 1, 2026, to all shareholders of record on March 11, 2026.
Non-GAAP measures, stock-based compensation and tax outlook
The company uses non-GAAP measures to supplement GAAP financial statements; those non-GAAP measures include 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. NVIDIA said reconciliations of GAAP to non-GAAP measures have been shown to help compare current results with prior periods; 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.
Beginning in the first quarter of fiscal 2027, NVIDIA will include stock-based compensation expense in non-GAAP financial measures, and the company described stock-based compensation as "a foundational component of NVIDIA’s compensation program to attract and retain world-class talent. " For the full year fiscal 2027, NVIDIA expects GAAP and non-GAAP tax rates to be between 17. 0% and 19. 0%, excluding any discrete items and material changes to NVIDIA’s tax environment.
Conference call, CFO commentary and next steps
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, listen-only webcast of the call will be accessible on NVIDIA’s investor relations website; the webcast will be recorded and available for replay until NVIDIA’s conference call to discuss its financial results for its first quarter of fiscal 2027. Colette Kress, NVIDIA’s executive vice president and chief financial officer, provided commentary on the quarter that is available on NVIDIA’s investor relations website.
The company also noted an intention to present an outlook for the first quarter of fiscal 2027 with additional details; NVIDIA’s stated line "NVIDIA’s outlook for the first quarter of fiscal 2027 is as follows: " appears in its materials but the specific outlook items are unclear in the provided context.
Investors and observers will next watch the scheduled webcast at 2 p. m. Pacific (5 p. m. Eastern) and the April 1, 2026 dividend payment tied to the March 11, 2026 record date.
