Nvidia's Q4 2026 Earnings Report Summary
Overview
Nvidia has reported exceptional financial results for its fiscal Q4 2026, showcasing its dominant position in the artificial intelligence (AI) sector. The company achieved record revenues of $68.1 billion, significantly surpassing market expectations and reflecting a year-over-year growth of 65%.
Key Financial Highlights
- Q4 Revenue: $68.1 billion (consensus: $65.91 billion), up 20% quarter-over-quarter (QoQ) and 73% year-over-year (YoY).
- Data Center Revenue: $62.3 billion, up 22% QoQ and 75% YoY.
- Gaming & AI PC Revenue: $3.7 billion, up 47% YoY, though down 13% QoQ due to inventory adjustments.
- Professional Visualization Revenue: $1.3 billion, up 159% YoY.
- Automotive & Robotics Revenue: $604 million, up 6% YoY.
- Gross Margin: 75% for Q4, indicating strong pricing power.
- Free Cash Flow: $34.9 billion, a significant increase from the previous year.
Future Outlook
Nvidia's management has provided a strong revenue guidance for Q1 2026, projecting revenues between $76.44 billion and $79.56 billion. CEO Jensen Huang noted that demand for AI computing is growing exponentially, with customers eager to invest in AI infrastructure.
Market Reaction
Following the earnings report, Nvidia's shares initially rose by 4% in after-hours trading, although they finished slightly higher by the end of the session. Analysts are keenly observing the stock's performance as it approaches the $200 mark, with potential for new highs.
Challenges and Risks
Nvidia faces several challenges, including potential tariffs on shipments to China and ongoing supply constraints in the gaming sector. Additionally, the company has warned of geopolitical risks that could impact its operations and market position.
Technological Advancements
Nvidia continues to lead in AI technology, with significant advancements in its Blackwell architecture. The company has introduced new platforms and is targeting production shipments of its Vera Rubin samples in the latter half of the year.