Mirror Review
February 26, 2026
NVIDIA, the world leader in AI and accelerated computing, reported its fiscal 2026 earnings on February 25, 2026, delivering a 65% surge in annual revenue to a record $215.9 billion, fueled by a global race to build AI data center infrastructure.
Here’s what makes the NVIDIA Earnings 2026 stand out.
Record-Breaking NVIDIA Q4 2026 Results
NVIDIA’s fourth quarter was a primary driver for this historic 2026 Earnings.
NVIDIA reported record quarterly revenue of $68.1 billion, a 73% increase over the same period last year.
Key financial highlights for the quarter include:
- Revenue (total sales): $68.1 billion, up 20% from the third quarter.
- GAAP Gross Margin (profitability before operating costs): 75.0%.
- GAAP Diluted Earnings Per Share: $1.76, a 98% increase year-over-year.
- Net Income (actual profit after all expenses, taxes, and costs): $42.96 billion for the quarter.
The NVDA earnings report shows that the company is not just growing its top line but also maintaining incredible profitability as it scales.
Data Center Demand Powers the AI Inflection Point
The most significant part of the NVIDIA Earnings 2026 story is the Data Center segment.
Revenue for this division hit a record $62.3 billion in the fourth quarter alone, up 75% from a year ago. For the full year, Data Center revenue rose 68% to $193.7 billion.
NVIDIA CEO Jensen Huang noted that the “agentic AI inflection point has arrived”. He explained that customers are moving beyond simple experiments and are now investing heavily in the “AI factories” that will power their future growth.
Key Product Milestones
- Grace Blackwell: Huang described Grace Blackwell with NVLink as the current “king of inference,” offering significantly lower costs per token.
- Vera Rubin: This next-generation platform was unveiled to reduce inference costs by up to 10x compared to Blackwell.
- Blackwell Ultra: This platform delivers 50x better performance for agentic AI compared to the older Hopper architecture.
Performance Across Other Business Segments
While Data Center dominates the conversation, other areas of NVIDIA saw record-breaking years as well.
| Segment | FY26 Revenue | Year-over-Year Growth |
| Gaming and AI PC | $16.0 billion | 41% |
| Professional Visualization | $3.2 billion | 70% |
| Automotive and Robotics | $2.3 billion | 39% |
NVIDIA’s gaming sector saw a slight 13% dip in Q4 compared to Q3 as holiday inventory levels returned to normal, but the demand for Blackwell chips remains strong.
Professional Visualization and Automotive both reached new record highs for the full year.
Together, these segments reinforce NVIDIA’s position beyond data centers, with diversified AI-driven growth.
Shareholder Returns and Cash Flow
During fiscal 2026, NVIDIA returned $41.1 billion through share repurchases and dividends.
As of the end of the fourth quarter, NVIDIA still had $58.5 billion remaining in its share repurchase authorization. The company also announced its next quarterly cash dividend of $0.01 per share, payable on April 1, 2026.
For those tracking NVDA stock, NVIDIA shares rose about 2% in extended trading following the company’s quarterly earnings release, as investors reacted to a stronger-than-expected outlook driven by sustained AI demand.
CEO Jensen Huang addressed market concerns shortly after the report, as he told CNBC’s Becky Quick, “I think the markets got it wrong,” dismissing fears that AI agents could erode enterprise software revenues.
NVIDIA Forecast 2027: What to Expect Next
Many investors wonder when does nvidia report earnings next and what the future looks like. Following the Nvidia earnings call, the company provided an optimistic outlook for the first quarter of fiscal 2027.
The Nvidia 2027 outlook includes:
- Revenue: Expected to be $78.0 billion (plus or minus 2%).
- Gross Margin (profitability before operating costs): Expected to stay around 75.0%.
- Operating Expenses: Estimated at $7.5 billion on a non-GAAP basis.
Notably, NVIDIA is not assuming any Data Center compute revenue from China in this forecast.
Additionally, starting in Q1 2027, NVIDIA will begin including stock-based compensation as part of its non-GAAP measures.
End Note
The NVIDIA Earnings 2026 results confirm that the company is the primary engine of the AI industrial revolution.
With a record $215.9 billion in annual revenue and a clear path forward with the Rubin platform, NVIDIA shows no signs of slowing down.
As enterprise adoption of AI agents skyrockets, NVIDIA is positioned to remain at the center of the global computing shift.
Maria Isabel Rodrigues
