NVIDIA (NASDAQ: NVDA) has reported impressive financial results for the fourth quarter and fiscal year 2026. The company achieved a record revenue of $68.1 billion for the quarter ending January 25, 2026, representing a 20% increase from the previous quarter and a staggering 73% rise year-over-year. For the entire fiscal year 2026, NVIDIA’s revenue reached $215.9 billion, up 65% from the previous year.
NVIDIA Financial Highlights for Q4 and Fiscal Year 2026
In terms of profit margins, NVIDIA’s GAAP gross margin for the fourth quarter was 75.0%, while the non-GAAP gross margin was slightly higher at 75.2%. For fiscal 2026, the GAAP gross margin was 71.1%, compared to a non-GAAP gross margin of 71.3%.
Earnings Per Share
- GAAP EPS for Q4: $1.76
- Non-GAAP EPS for Q4: $1.62
- GAAP EPS for Fiscal 2026: $4.90
- Non-GAAP EPS for Fiscal 2026: $4.77
CEO Remarks
CEO Jensen Huang emphasized the exponential growth in computing demand, citing the arrival of an “agentic AI inflection point.” He stressed that NVIDIA is at the forefront of this revolution, with their products enabling significant cost reductions for AI applications.
Shareholder Returns
NVIDIA returned $41.1 billion to shareholders during fiscal 2026 through share repurchases and cash dividends. As of the end of Q4, the company reported $58.5 billion remaining under its share repurchase authorization. The next quarterly cash dividend of $0.01 per share is set for April 1, 2026, for shareholders on record by March 11, 2026.
Summary of Financial Results
| Metric | Q4 FY26 | Q3 FY26 | Q4 FY25 | Q/Q Change | Y/Y Change |
|---|---|---|---|---|---|
| Revenue | $68,127 million | $57,006 million | $39,331 million | 20% | 73% |
| Gross Margin | 75.0% | 73.4% | 73.0% | 1.6 pts | 2.0 pts |
| Net Income | $42,960 million | $31,910 million | $22,091 million | 35% | 94% |
| Operating Income | $44,299 million | $36,010 million | $24,034 million | 23% | 84% |
Looking Ahead: Outlook for FY 2027
NVIDIA anticipates Q1 fiscal 2027 revenue of around $78.0 billion, not including any Data Center compute revenue from China. The gross margins are expected to be 74.9% (GAAP) and 75.0% (non-GAAP). Total operating expenses are projected at approximately $7.7 billion (GAAP) and $7.5 billion (non-GAAP).
Overall, NVIDIA’s strong financial performance reflects the company’s robust position in the rapidly growing AI and computing sectors, setting a positive tone for the upcoming fiscal year.
