NVIDIA Earnings Report: Record Quarterly Revenue of $39.3 Billion
NVIDIA's record quarterly revenue was driven by strong demand for its Data Center products and AI technology, with the company's Data Center revenue reaching a record $35.6 billion. The company's partnerships with industry leaders and new product launches are expected to drive growth in the coming quarters, with revenue expected to be $43.0 billion in the first quarter of fiscal 2026.
NVIDIA reported a record quarterly revenue of $39.3 billion, a 12% increase from the previous quarter and a 78% increase from the same period last year, driven by strong demand for its Data Center products and AI technology.
The company's Data Center revenue reached a record $35.6 billion, a 16% increase from the previous quarter and a 93% increase from the same period last year. NVIDIA's full-year revenue reached a record $130.5 billion, a 114% increase from the same period last year. The company's GAAP earnings per diluted share was $0.89, a 14% increase from the previous quarter and an 82% increase from the same period last year.
NVIDIA's CEO, Jensen Huang, attributed the company's success to the demand for its Blackwell AI supercomputers, which have seen billions of dollars in sales in their first quarter. The company also announced partnerships with several industry leaders, including Toyota, to integrate its AI technology into various industries. Additionally, NVIDIA launched several new products, including the GeForce RTX 5090 and 5080 graphics cards, which deliver up to a 2x performance improvement over the prior generation.
The company's CFO, Colette Kress, stated that the company's non-GAAP operating expenses are expected to be approximately $3.6 billion for the first quarter of fiscal 2026, representing a 2% increase from the previous quarter. The company's non-GAAP gross margin is expected to be 71.0%, representing a 0.4% increase from the previous quarter. NVIDIA's CEO, Jensen Huang, stated that the company's outlook for the first quarter of fiscal 2026 is positive, with revenue expected to be $43.0 billion, plus or minus 2%.
NVIDIA's strong earnings report had a positive impact on the stock market, with the company's shares jumping nearly 4% ahead of its earnings release. The S&P 500 and Nasdaq Composite indexes also closed higher, ending a four-session losing streak. The company's success is expected to drive demand for its AI chips, particularly the Blackwell AI chip, despite concerns over the cost-effectiveness of DeepSeek's technology.
