Nvidia Corporation ( (NVDA) ) has released its Q3 earnings. Here is a breakdown of the information Nvidia Corporation presented to its investors.
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NVIDIA Corporation is a leading player in the AI and accelerated computing industry, known for its advanced graphics processing units (GPUs) and cutting-edge AI technologies. The company has a strong presence in data centers, gaming, professional visualization, automotive, and robotics sectors.
In its latest earnings report for the third quarter of fiscal 2026, NVIDIA announced record revenue of $57.0 billion, marking a significant increase of 22% from the previous quarter and 62% year-over-year. The company also reported strong performance in its data center segment, with revenue reaching $51.2 billion, up 25% from the previous quarter and 66% from the previous year.
Key financial highlights include a GAAP gross margin of 73.4% and non-GAAP gross margin of 73.6%, with both GAAP and non-GAAP earnings per diluted share at $1.30. NVIDIA’s strategic initiatives include partnerships with major tech companies like OpenAI, Google Cloud, and Microsoft, as well as advancements in AI infrastructure and supercomputing capabilities. The company is also expanding its presence in the gaming and professional visualization markets.
Looking ahead, NVIDIA’s management expects continued growth, projecting fourth-quarter revenue of approximately $65.0 billion. The company remains focused on scaling its AI ecosystem and meeting the increasing demand for its products and services across various industries.