Back
Finance

NVIDIA Achieves Record Revenue in Q4 and Fiscal Year 2026, Driven by AI Growth

Generated on: Last updated: 1 sources
View source

NVIDIA Reports Record Q4 and Full Fiscal Year 2026 Results, Driven by Surging AI Demand

NVIDIA reported record financial results for the fourth quarter and full fiscal year ended January 25, 2026, largely driven by significant demand for its AI computing platforms.

The company achieved record revenue of $68.1 billion in Q4, a 73% year-over-year increase, and $215.9 billion for the full fiscal year, up 65% from the prior year. These figures highlight NVIDIA's pivotal role in the burgeoning AI landscape.

Q4 Fiscal 2026 Financial Highlights

  • Revenue: $68.1 billion, a 20% increase from the previous quarter and 73% year-over-year.
  • Gross Margins: GAAP 75.0%, Non-GAAP 75.2%.
  • Earnings Per Diluted Share: GAAP $1.76, Non-GAAP $1.62.

Full Fiscal Year 2026 Financial Highlights

  • Revenue: $215.9 billion, up 65% from the prior year.
  • Gross Margins: GAAP 71.1%, Non-GAAP 71.3%.
  • Earnings Per Diluted Share: GAAP $4.90, Non-GAAP $4.77.

NVIDIA founder and CEO Jensen Huang stated that computing demand is growing exponentially, marking the arrival of the "agentic AI inflection point." He highlighted Grace Blackwell with NVLink as a leader in inference, with Vera Rubin poised to extend this leadership. Huang also noted skyrocketing enterprise adoption of agents and customer investments in AI compute to power the AI industrial revolution.

During fiscal 2026, NVIDIA returned $41.1 billion to shareholders through share repurchases and cash dividends. The company will pay a quarterly cash dividend of $0.01 per share on April 1, 2026.

Q1 Fiscal 2027 Outlook

NVIDIA projects revenue for the first quarter of fiscal 2027 to be $78.0 billion, plus or minus 2%. The outlook does not include Data Center compute revenue from China. GAAP and Non-GAAP gross margins are expected to be approximately 74.9% and 75.0%, respectively. Beginning in Q1 FY27, stock-based compensation expense will be included in non-GAAP financial measures.

Segment Performance

Data Center

The Data Center segment achieved record fourth-quarter revenue of $62.3 billion, up 22% quarter-over-quarter and 75% year-over-year, driven by accelerated computing and AI. Full-year revenue reached $193.7 billion.

NVIDIA unveiled the Rubin platform, designed to reduce inference token costs by up to 10x compared to the Blackwell platform. Cloud providers including AWS, Google Cloud, Microsoft Azure, and Oracle Cloud Infrastructure are expected to deploy Vera Rubin-based instances.

Further advancements include the NVIDIA BlueField-4 data processor powering the NVIDIA Inference Context Memory Storage Platform. NVIDIA also formed a multiyear strategic partnership with Meta for large-scale deployment of NVIDIA CPUs, networking, and Blackwell and Rubin GPUs. Expanded partnerships with AWS, Anthropic, CoreWeave, Synopsys, and Lilly underpin various AI initiatives. The company launched the NVIDIA Nemotron 3 family of open models and the NVIDIA Earth-2 family for AI weather.

Gaming and AI PC

Fourth-quarter revenue for Gaming and AI PC was $3.7 billion, marking a 47% increase year-over-year, though a 13% decrease quarter-over-quarter. Full-year revenue was a record $16.0 billion. NVIDIA announced DLSS 4.5 for enhanced graphics quality and G-SYNC Pulsar for superior motion clarity. The company also advanced NVIDIA RTX AI performance for faster large language model inference and AI-generated visuals, positioning its hardware for the growing AI PC market.

Professional Visualization

This segment saw robust growth, with fourth-quarter revenue reaching $1.3 billion, up 74% quarter-over-quarter and 159% year-over-year. Full-year revenue reached $3.2 billion. Key to this performance was the launch of the NVIDIA RTX PRO 5000 72GB Blackwell GPU, catering to demanding professional visualization workloads.

Automotive and Robotics

The Automotive and Robotics segment reported fourth-quarter revenue of $604 million, up 2% quarter-over-quarter and 6% year-over-year. Full-year revenue was a record $2.3 billion.

NVIDIA unveiled the Alpamayo family of open AI models specifically designed for autonomous vehicle development.

The company partnered with Mercedes-Benz for enhanced level 2 driver assistance, powered by NVIDIA DRIVE AV software, and expanded the NVIDIA DRIVE Hyperion ecosystem with new tier 1 suppliers and partners. NVIDIA also announced new NVIDIA Cosmos and NVIDIA Isaac GR00T open models for physical AI, with adoption by industry leaders like Boston Dynamics and LG Electronics. Strategic partnerships with Siemens and Dassault Systèmes were strengthened to further industrial AI platforms.