The quarter ending July 26, 2026, against the same quarter a year earlier.
| Measure | 3 months toJul 26, 2026 | 3 months toJul 27, 2025 | Change |
|---|---|---|---|
| Total Revenue | $96.2B | $46.7B | +105.85% |
| Profit | $59.7B | $26.4B | +125.90% |
| Profit per share | $2.46 | $1.08 | +127.78% |
| Free Cash Flow | $21.4B | $13.5B | +58.87% |
These are single quarters, not a trailing year — the figures elsewhere on this site cover twelve months and will be much larger. A seasonal business swings a long way between the two: ServiceNow earns $2.0B of free cash flow in its December quarter and $0.5B in its June one.
Compared against the same quarter a year earlier, not against an analyst forecast. A “beat” or “miss” needs a consensus estimate, which is licensed data we do not carry — and getting it wrong is worse than leaving it out.
NVDA · Nasdaq · Technology · Semiconductors
$225.07+0.2%Sep 25 close
NVIDIA designs computing chips, data-center systems, networking equipment, and software.
A short summary of each call — what the quarter showed, what management expects and whether they delivered on what they said last time — with the full transcript underneath.
NVDA’s latest call summary is open to everyone as an example. Summaries of earlier calls are part of Pro.
Source: Yahoo Finance, transcribed by Quartr. Speaker names and roles are as transcribed; analysts are sometimes unnamed.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro. See Pro
Summaries of earlier calls are part of Pro. See Pro
Summaries of earlier calls are part of Pro. See Pro
Q4 FY2026 revenue reached $68.13B, up 73.2% year over year, as Blackwell lifted gross margin, while gaming supply remains tight.
Revenue was $68.13B in Q4 FY2026, up 73.2% year over year, with data center revenue of $62B driven by Blackwell and Blackwell Ultra. GAAP gross margin reached 75% in Q4 FY2026 as Blackwell ramped. The open question is whether constrained supply and an undetermined Vera Rubin ramp can meet demand.
Growth accelerated as data center demand strengthened.
Our figuresEarnings grew faster than revenue.
Our figuresCash generation increased substantially year over year.
Our figuresBlackwell strength and the Blackwell Ultra ramp drove growth.
Q4 FY2026 callBlackwell continued to ramp.
Q4 FY2026 callPurchase commitments also increased significantly.
Q4 FY2026 callManagement said healthy channel inventory does not remove supply limits.
Q4 FY2026 call| Measure | Outlook | Against the last outlook |
|---|---|---|
| Total revenueQ1 FY2027 | $78B ±2% | — |
| GAAP gross marginQ1 FY2027 | 74.9% ±50 basis points | — |
| Non-GAAP gross margin; exclusions not specifiedQ1 FY2027 | 75% ±50 basis points | — |
| Gross margin, non-GAAPFY2027 | Mid-70s | Maintained |
| GAAP operating expensesQ1 FY2027 | Approximately $7.7B | — |
| Non-GAAP operating expenses, including stock-based compensation |
Written by AI on Sep 23, 2026 from this call’s transcript, the call before it, the company’s report for the same period and our own figures from SEC filings. Each item names its sources, and every quote the summary relied on was checked against the text — figures can still contain errors.
A summary of what was said and filed, not a recommendation to buy or sell anything. Summaries are written in English.
| Approximately $7.5B, including $1.9B of stock-based compensation |
| — |
| Non-GAAP operating expense growthFY2027 | Low 40s year over year | — |
| GAAP and non-GAAP tax ratesFY2027 | 7%–19%, excluding discrete items and material changes to the tax environment | — |
| Measure | Guided | Actual | Result |
|---|---|---|---|
| Total revenue | $65B ±2% for Q4 FY2026 | $68.13B for Q4 FY2026 | Above |
| GAAP gross margin | 74.8% ±50 basis points for Q4 FY2026 | 75% for Q4 FY2026 | Within |
| Non-GAAP gross margin | 75% ±50 basis points for Q4 FY2026 | 75.2% for Q4 FY2026 | Within |
| GAAP and non-GAAP tax rates | 17% ±1% for Q4 FY2026 | 15.4% non-GAAP for Q4 FY2026 | Below |