Companies /Technology

NVIDIA Corp

NASDAQ: NVDA Semiconductors
$220.34
â–² $2.79 (+1.28%) today
Markets open · 10:55am ET

Q3 2026 Earnings

Reported Nov 19, 2025, 4:20pm ET · SEC source
$1.30
Beat +3.64%
EPS · est. $1.25
$57.0B
Beat +3.59%
Revenue · est. $55.0B
−0.7%
Trailing market
NVDA vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0+3%Nov 19Nov 20report 4:20pm ETearnings−1.5%−5.2%
−6%−3%0+3%Nov 19Nov 20earnings−1.5%−5.2%
NVDA −5.2%S&P 500 −1.5%
−6%−3%0+3%Nov 19Nov 20report 4:20pm ETearnings−2.6%−5.2%
−6%−3%0+3%Nov 19Nov 20earnings−2.6%−5.2%
NVDA −5.2%NASDAQ −2.6%
−12%−8%−4%0Nov 18Nov 26report 4:20pm ETearnings+2.1%−7.8%
−12%−8%−4%0Nov 18Nov 26earnings+2.1%−7.8%
NVDA −7.8%S&P 500 +2.1%
−12%−8%−4%0Nov 18Nov 26report 4:20pm ETearnings+1.6%−7.8%
−12%−8%−4%0Nov 18Nov 26earnings+1.6%−7.8%
NVDA −7.8%NASDAQ +1.6%
−3.15%
Day of report
−0.97%
Next session
−2.02%
One week
+4.74%
30 days

S&P 500 over the same 30 days: +5.43%.

Did NVDA Beat Earnings? Q3 2026 Results

NVIDIA delivered another blowout quarter in Q3 fiscal 2026, posting record revenue of $57.01 billion, up 62.5% year-over-year, as relentless enterprise and hyperscaler demand for its AI accelerators kept the company in a league of its own. Diluted EPS came in at $1.30, beating the $1.24 consensus estimate by 4.84%, underscoring the breadth of the outperformance. The driving force was unmistakably the Data Center segment, which generated a record $51.22 billion in revenue, up 66% year-over-year, with networking revenue alone surging 162% as NVLink fabric adoption accelerated across major cloud deployments. CEO Jensen Huang described Blackwell sales as off the charts, with cloud GPUs effectively sold out across all customer tiers. Even Amazon's disclosure that its competing Trainium chip has become a multibillion-dollar business did little to cloud the demand picture for NVIDIA's dominant platform. Looking ahead, management guided Q4 revenue to approximately $65.00 billion, implying roughly 54% year-over-year growth and signaling the acceleration shows no meaningful signs of slowing.

Key Takeaways
  • Record Data Center revenue driven by three platform shifts: accelerated computing, powerful AI models, and agentic applications
  • Blackwell Ultra is now the leading architecture across all customer categories with continued strong demand for prior Blackwell architecture
  • Networking revenue up 162% YoY driven by NVLink compute fabric for GB200 and GB300 systems
  • Gaming revenue up 30% YoY on continued demand for Blackwell GPUs
  • Professional Visualization up 56% YoY driven by DGX Spark launch and Blackwell sales growth
  • Automotive revenue up 32% YoY driven by continued adoption of self-driving platforms

“Blackwell sales are off the charts, and cloud GPUs are sold out. Compute demand keeps accelerating and compounding across training and inference — each growing exponentially. We've entered the virtuous cycle of AI. The AI ecosystem is scaling fast — with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once.”

NVIDIA CEO, on the earnings call

Forward Guidance & Outlook

For Q4 fiscal 2026, NVIDIA expects revenue of approximately $65.0 billion, plus or minus 2%. GAAP and non-GAAP gross margins are expected to be 74.8% and 75.0%, respectively, plus or minus 50 basis points. GAAP and non-GAAP operating expenses are expected to be approximately $6.7 billion and $5.0 billion, respectively. GAAP and non-GAAP other income and expense are expected to be an income of approximately $500 million, excluding gains and losses from non-marketable and publicly-held equity securities. GAAP and non-GAAP tax rates are expected to be 17.0%, plus or minus 1%, excluding any discrete items.

NVDA YoY Financials

Q3 2026 vs Q3 2025 · SEC filings Q3 2025 Q3 2026
$0$20.0B$40.0B$60.0B$35.1B$57.0BRevenue$26.2B$41.8BGross Profit$21.9B$36.0BOperating Income$19.3B$31.9BNet Income
$0$20.0B$40.0B$60.0BRevenueGross ProfitOperating IncomeNet Income

NVDA Revenue by Segment

Data Center$51.2B+66.0%
Compute & Networking$50.9B+64.0%
Data Center Compute$43.0B+56.0%
Data Center Networking$8.2B+162.0%
Graphics$6.1B+51.0%
Gaming$4.3B+30.0%
Professional Visualization$760.0M+56.0%
Automotive$592.0M+32.0%

Figures from SEC filings and company reports. Not investment advice.