"Nvidia offered AI investors a glimpse of a hairpin-turn recovery with its results for the fourth quarter and the full year of fiscal 2026, with results showing record revenue of $68.1 billion for the quarter, beating guidance by about $3 billion. Those numbers were up 20% from the third quarter and a whopping 73% from a year ago."
"The company's GAAP gross margin rose to 75%, beating guidance and up from 73.4% in Q3, and non-GAAP gross margin clocked in at 75.2%. Nvidia's stock rose more than 2% in the first phase of after-hours trading, though it quickly gave back much of those gains."
"In all, GAAP net income was up 35% quarter-over-quarter and 94% year-over-year to roughly $43 billion. GAAP diluted earnings-per-share came in up 35% at $1.76 for the quarter and nearly double compared to fiscal 2025."
Nvidia delivered exceptional fourth-quarter fiscal 2026 results with record revenue of $68.1 billion, surpassing guidance by approximately $3 billion. Revenue increased 20% sequentially and 73% year-over-year. The company issued first-quarter fiscal 2027 guidance of $78 billion. GAAP gross margin improved to 75%, beating guidance and rising from 73.4% in Q3, with management targeting mid-70s margins for fiscal 2027. GAAP net income reached approximately $43 billion, up 35% quarter-over-quarter and 94% year-over-year. Diluted earnings-per-share doubled compared to fiscal 2025. Supply-related commitments increased significantly from $50.3 billion to $95.2 billion, reflecting strategic inventory positioning to meet demand.
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