NVIDIA Corporation (NVDA) Announced Q4 2026 Earnings on February 25, 2026, Reporting "Total revenue of $68 billion was up 73% year-over-year"....

NVIDIA Corporation reported Q4 fiscal 2026 financial results, achieving total quarterly revenue of $68 billion, up 73% year-over-year. The Data Center segment generated Q4 revenue of $62 billion, an increase of 75% year-over-year and 22% sequentially. The company generated free cash flow of $35 billion for the fourth quarter and $97 billion for the full fiscal year 2026. GAAP gross margin was reported at 75%, while non-GAAP gross margin was 75.2% for the quarter.

Management highlighted significant momentum from "agentic and physical AI applications" and sustained demand for the Blackwell architecture. Notable product announcements included the unveiling of the Rubin platform, which comprises six new chips including the Vera CPU and Rubin GPU, with first samples already shipping to customers. NVIDIA also announced deepening partnerships, highlighted by a "$10 billion investment" in Anthropic, Meta's deployment of millions of GPUs, and a nonexclusive licensing agreement with Grok.

Providing forward guidance, NVIDIA expects first-quarter fiscal 2027 revenue to be $78 billion, plus or minus 2%, driven primarily by the Data Center segment. GAAP and non-GAAP gross margins for Q1 are projected to be 74.9% and 75%, respectively, plus or minus 50 basis points. Management noted that while end demand remains strong, they expect "supply constraints to be the headwind to Gaming in Q1 and beyond," and tightness in supply for advanced architectures is expected to persist.