NVIDIA Corp (NVDA) stock

NVDANasdaqSemiconductors & Related DevicesFiscal year ends January 31

Financials through Q2 FY2027, quarter ended Jul 26, 2026Last filing: 10-Q on Aug 26, 2026Score 26/3033% below fair value

$204.64−9.02 (-4.22%)

Close on Oct 30, 2026Market cap $4.93TP/E 25.9Yield 0.02%

Earnings

Nvidia's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Nov 18, 2026

Q3 FY2027 · estimated, after the close

Revenue, Q2 FY2027

$96.20B

+106.0% on a year earlier

non-GAAP earnings per diluted share, Q2 FY2027

$2.22

$1.05 a year earlier

Latest guidance

Reaffirmed

Aug 26, 2026 · 7 items

Quarterly results

Revenue and earnings per share from each of Nvidia's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q3 FY2027ended Oct 26, 2026	Nov 18, 2026Expected	–	–	–	–	–
Q2 FY2027ended Jul 26, 2026	Aug 26, 2026after the close	$96.20B	+106.0%	$2.46	$2.22	Release
Q1 FY2027ended Apr 26, 2026	May 20, 2026after the close	$81.60B	+85.0%	$2.39	$1.87	Release
Q4 FY2026ended Jan 25, 2026	Feb 25, 2026after the close	$68.10B	+73.3%	$1.76	$1.62	Release
Q3 FY2026ended Oct 26, 2025	Nov 19, 2025after the close	$57.00B	+62.4%	$1.30	$1.30	Release
Q2 FY2026ended Jul 27, 2025	Aug 27, 2025after the close	$46.70B	+55.7%	$1.08	$1.05	Release
Q1 FY2026ended Apr 27, 2025	May 28, 2025after the close	$44.10B	+69.6%	$0.76	$0.81	Release
Q4 FY2025ended Jan 26, 2025	Feb 26, 2025after the close	$39.30B	+77.8%	$0.89	$0.89	Release
Q3 FY2025ended Oct 27, 2024	Nov 20, 2024after the close	$35.10B	+93.7%	$0.78	$0.81	Release
Q2 FY2025ended Jul 28, 2024	Aug 28, 2024after the close	$30.00B	+122.1%	$0.67	$0.68	Release
Q1 FY2025ended Apr 28, 2024	May 22, 2024after the close	$26.00B	+261.6%	$5.98	$6.12	Release
Q4 FY2024ended Jan 28, 2024	Feb 21, 2024after the close	$22.10B	+265.3%	$4.93	$5.16	Release
Q3 FY2024ended Oct 29, 2023	Nov 21, 2023after the close	$18.12B	+205.6%	$3.71	$4.02	Release
Q2 FY2024ended Jul 30, 2023	Aug 23, 2023after the close	$13.51B	+101.6%	$2.48	$2.70	Release
Q1 FY2024ended Apr 30, 2023	May 24, 2023after the close	$7.19B	-13.3%	$0.82	$1.09	Release
Q4 FY2023ended Jan 29, 2023	Feb 22, 2023after the close	$6.05B	-20.8%	$0.57	$0.88	Release
Q3 FY2023ended Oct 30, 2022	Nov 16, 2022after the close	$5.93B	-16.5%	$0.27	$0.58	Release
Q2 FY2023ended Jul 31, 2022	Aug 24, 2022after the close	$6.70B	–	$0.26	$0.51	Release
Q1 FY2023ended May 1, 2022	May 25, 2022after the close	$8.29B	–	$0.64	$1.36	Release
Q4 FY2022ended Jan 30, 2022	Feb 16, 2022after the close	$7.64B	–	$1.18	$1.32	Release
Q3 FY2022ended Oct 31, 2021	Nov 17, 2021after the close	$7.10B	–	$0.97	$1.17	Release
Q2 FY2022ended Aug 1, 2021	Aug 18, 2021after the close	–	–	–	–	Release
Q1 FY2022ended May 2, 2021	May 26, 2021after the close	–	–	–	–	Release
Q4 FY2021ended Jan 31, 2021	Feb 24, 2021after the close	–	–	–	–	Release
Q3 FY2021ended Oct 25, 2020	Nov 18, 2020after the close	–	–	–	–	Release
Q2 FY2021ended Jul 26, 2020	Aug 19, 2020after the close	–	–	–	–	Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Nvidia's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Revenue	Q3 FY2027	$108.00B	–	New	Aug 26, 2026
GAAP gross marginsGAAP	Q3 FY2027	74%	–	New	Aug 26, 2026
non-GAAP gross marginsnon-GAAP	Q3 FY2027	74%	–	New	Aug 26, 2026
GAAP operating expensesGAAP	Q3 FY2027	$9.20B	–	New	Aug 26, 2026
non-GAAP operating expensesnon-GAAP	Q3 FY2027	$9.00B	–	New	Aug 26, 2026
GAAP tax ratesGAAP	FY2027	16% – 18%	17% – 19%	Reaffirmed	Aug 26, 2026
non-GAAP tax ratesnon-GAAP	FY2027	16% – 18%	17% – 19%	Reaffirmed	Aug 26, 2026
tax ratesnon-GAAP	FY2027	16% – 18%	–	Lowered	May 20, 2026
tax ratesGAAP	FY2027	16% – 18%	–	Lowered	May 20, 2026

Guidance vs results

The last range Nvidia gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
Q1 FY2027	Revenue	$78.00B	$81.60B	Above range
Q4 FY2026	Revenue	$65.00B	$68.10B	Above range
Q3 FY2026	Revenue	$54.00B	$57.00B	Above range
Q2 FY2026	Revenue	$45.00B	$46.70B	Above range
Q1 FY2026	Revenue	$43.00B	$44.10B	Above range
Q4 FY2025	Revenue	$37.50B	$39.30B	Above range
Q3 FY2025	Revenue	$32.50B	$35.10B	Above range
Q2 FY2025	Revenue	$28.00B	$30.00B	Above range
Q1 FY2025	Revenue	$24.00B	$26.00B	Above range
Q4 FY2024	Revenue	$20.00B	$22.10B	Above range
Q3 FY2024	Revenue	$16.00B	$18.12B	Above range
Q2 FY2024	Revenue	$11.00B	$13.51B	Above range
Q1 FY2024	Revenue	$6.50B	$7.19B	Above range
Q4 FY2023	Revenue	$6.00B	$6.05B	Above range
Q3 FY2023	Revenue	$5.90B	$5.93B	Above range
Q2 FY2023	Revenue	$8.10B	$6.70B	Below range
Q1 FY2023	Revenue	$8.10B	$8.29B	Above range
Q4 FY2022	Revenue	$7.40B	$7.64B	Above range

Guidance history

Every forecast Nvidia put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Aug 26, 2026	non-GAAP gross margins	Q3 FY2027	74%	New
Aug 26, 2026	GAAP gross margins	Q3 FY2027	74%	New
Aug 26, 2026	non-GAAP operating expenses	Q3 FY2027	$9.00B	New
Aug 26, 2026	GAAP tax rates	FY2027	16% – 18%	Reaffirmed
Aug 26, 2026	non-GAAP tax rates	FY2027	16% – 18%	Reaffirmed
Aug 26, 2026	GAAP operating expenses	Q3 FY2027	$9.20B	New
Aug 26, 2026	Revenue	Q3 FY2027	$108.00B	New
May 20, 2026	gross margins	Q2 FY2027	74.4% – 75.4%	New
May 20, 2026	operating expenses	Q2 FY2027	$8.50B	New
May 20, 2026	tax rates	FY2027	16% – 18%	Lowered
May 20, 2026	operating expenses	Q2 FY2027	$8.30B	New
May 20, 2026	tax rates	FY2027	16% – 18%	Lowered
Feb 25, 2026	GAAP gross margins	Q1 FY2027	74.9%	New
Feb 25, 2026	non-GAAP gross margins	Q1 FY2027	75%	New
Feb 25, 2026	GAAP operating expenses	Q1 FY2027	$7.70B	New
Feb 25, 2026	non-GAAP operating expenses	Q1 FY2027	$7.50B	New
Feb 25, 2026	GAAP tax rates	FY2027	17% – 19%	New
Feb 25, 2026	non-GAAP tax rates	FY2027	17% – 19%	New
Feb 25, 2026	Revenue	Q1 FY2027	$78.00B	New
Nov 19, 2025	GAAP gross margins	Q4 FY2026	74.8%	New
Nov 19, 2025	non-GAAP gross margins	Q4 FY2026	75%	New
Nov 19, 2025	GAAP tax rates	Q4 FY2026	17%	New
Nov 19, 2025	non-GAAP tax rates	Q4 FY2026	17%	New
Nov 19, 2025	GAAP operating expenses	Q4 FY2026	$6.70B	New
Nov 19, 2025	GAAP other income and expense	Q4 FY2026	$500.00M	Lowered
Nov 19, 2025	non-GAAP operating expenses	Q4 FY2026	$5.00B	New
Nov 19, 2025	non-GAAP other income and expense	Q4 FY2026	$500.00M	Lowered
Nov 19, 2025	Revenue	Q4 FY2026	$65.00B	New
Aug 27, 2025	non-GAAP gross margins	Q3 FY2026	73.5%	New
Aug 27, 2025	GAAP gross margins	Q3 FY2026	73.3%	New
Aug 27, 2025	GAAP tax rates	Q3 FY2026	16.5%	New
Aug 27, 2025	non-GAAP tax rates	Q3 FY2026	16.5%	New
Aug 27, 2025	GAAP operating expenses	Q3 FY2026	$5.90B	New
Aug 27, 2025	GAAP other income and expense	Q3 FY2026	$500.00M	Lowered
Aug 27, 2025	non-GAAP operating expenses	Q3 FY2026	$4.20B	New
Aug 27, 2025	non-GAAP other income and expense	Q3 FY2026	$500.00M	Lowered
Aug 27, 2025	Revenue	Q3 FY2026	$54.00B	New
May 28, 2025	GAAP gross margins	Q2 FY2026	71.8%	New
May 28, 2025	non-GAAP gross margins	Q2 FY2026	72%	New
May 28, 2025	GAAP tax rates	Q2 FY2026	16.5%	New
May 28, 2025	non-GAAP tax rates	Q2 FY2026	16.5%	New
May 28, 2025	GAAP operating expenses	Q2 FY2026	$5.70B	New
May 28, 2025	GAAP other income and expense	Q2 FY2026	$450.00M	Lowered
May 28, 2025	non-GAAP operating expenses	Q2 FY2026	$4.00B	New
May 28, 2025	non-GAAP other income and expense	Q2 FY2026	$450.00M	Lowered
May 28, 2025	Revenue	Q2 FY2026	$45.00B	New
Feb 26, 2025	GAAP gross margins	Q1 FY2026	70.6%	New
Feb 26, 2025	non-GAAP gross margins	Q1 FY2026	71%	New
Feb 26, 2025	GAAP tax rates	Q1 FY2026	17%	New
Feb 26, 2025	non-GAAP tax rates	Q1 FY2026	17%	New
Feb 26, 2025	GAAP operating expenses	Q1 FY2026	$5.20B	New
Feb 26, 2025	GAAP other income and expense	Q1 FY2026	$400.00M	Lowered
Feb 26, 2025	non-GAAP operating expenses	Q1 FY2026	$3.60B	New
Feb 26, 2025	non-GAAP other income and expense	Q1 FY2026	$400.00M	Lowered
Feb 26, 2025	Revenue	Q1 FY2026	$43.00B	New
Nov 20, 2024	GAAP gross margins	Q4 FY2025	73%	New
Nov 20, 2024	non-GAAP gross margins	Q4 FY2025	73.5%	New
Nov 20, 2024	GAAP tax rates	Q4 FY2025	16.5%	New
Nov 20, 2024	non-GAAP tax rates	Q4 FY2025	16.5%	New
Nov 20, 2024	GAAP operating expenses	Q4 FY2025	$4.80B	New
Nov 20, 2024	GAAP other income and expense	Q4 FY2025	$400.00M	Lowered
Nov 20, 2024	non-GAAP operating expenses	Q4 FY2025	$3.40B	New
Nov 20, 2024	non-GAAP other income and expense	Q4 FY2025	$400.00M	Lowered
Nov 20, 2024	Revenue	Q4 FY2025	$37.50B	New
Aug 28, 2024	GAAP gross margins	Q3 FY2025	74.4%	New
Aug 28, 2024	non-GAAP gross margins	Q3 FY2025	75%	New
Aug 28, 2024	GAAP tax rates	Q3 FY2025	17%	New
Aug 28, 2024	non-GAAP tax rates	Q3 FY2025	17%	New
Aug 28, 2024	GAAP operating expenses	Q3 FY2025	$4.30B	New
Aug 28, 2024	GAAP other income and expense	Q3 FY2025	$350.00M	Lowered
Aug 28, 2024	non-GAAP operating expenses	Q3 FY2025	$3.00B	New
Aug 28, 2024	non-GAAP other income and expense	Q3 FY2025	$350.00M	Lowered
Aug 28, 2024	Revenue	Q3 FY2025	$32.50B	New
May 22, 2024	GAAP gross margins	Q2 FY2025	74.8%	New
May 22, 2024	non-GAAP gross margins	Q2 FY2025	75.5%	New
May 22, 2024	GAAP tax rates	Q2 FY2025	17%	New
May 22, 2024	non-GAAP tax rates	Q2 FY2025	17%	New
May 22, 2024	GAAP operating expenses	Q2 FY2025	$4.00B	New
May 22, 2024	GAAP other income and expense	Q2 FY2025	$300.00M	Lowered
May 22, 2024	non-GAAP operating expenses	Q2 FY2025	$2.80B	New
May 22, 2024	non-GAAP other income and expense	Q2 FY2025	$300.00M	Lowered
May 22, 2024	Revenue	Q2 FY2025	$28.00B	New
Feb 21, 2024	GAAP gross margin	Q1 FY2025	76.3%	New
Feb 21, 2024	non-GAAP gross margin	Q1 FY2025	77%	New
Feb 21, 2024	GAAP tax rate	Q1 FY2025	17%	New
Feb 21, 2024	non-GAAP tax rate	Q1 FY2025	17%	New
Feb 21, 2024	GAAP operating expenses	Q1 FY2025	$3.50B	New
Feb 21, 2024	GAAP other income and expense	Q1 FY2025	$250.00M	Lowered
Feb 21, 2024	non-GAAP operating expenses	Q1 FY2025	$2.50B	New
Feb 21, 2024	non-GAAP other income and expense	Q1 FY2025	$250.00M	Lowered
Feb 21, 2024	Revenue	Q1 FY2025	$24.00B	New
Nov 21, 2023	GAAP gross margins	Q4 FY2024	74.5%	New
Nov 21, 2023	non-GAAP gross margins	Q4 FY2024	75.5%	New
Nov 21, 2023	GAAP operating expenses	Q4 FY2024	$3.17B	New
Nov 21, 2023	GAAP other income and expense	Q4 FY2024	$200.00M	Lowered
Nov 21, 2023	non-GAAP operating expenses	Q4 FY2024	$2.20B	New
Nov 21, 2023	non-GAAP other income and expense	Q4 FY2024	$200.00M	Lowered
Nov 21, 2023	non-GAAP tax rates	Q4 FY2024	15%	New
Nov 21, 2023	GAAP tax rates	Q4 FY2024	15%	New
Nov 21, 2023	Revenue	Q4 FY2024	$20.00B	New
Aug 23, 2023	GAAP gross margins	Q3 FY2024	71.5%	New
Aug 23, 2023	non-GAAP gross margins	Q3 FY2024	72.5%	New
Aug 23, 2023	non-GAAP tax rates	Q3 FY2024	14.5%	New
Aug 23, 2023	GAAP tax rates	Q3 FY2024	14.5%	New
Aug 23, 2023	GAAP operating expenses	Q3 FY2024	$2.95B	New
Aug 23, 2023	GAAP other income and expense	Q3 FY2024	$100.00M	Lowered
Aug 23, 2023	non-GAAP operating expenses	Q3 FY2024	$2.00B	New
Aug 23, 2023	non-GAAP other income and expense	Q3 FY2024	$100.00M	Lowered
Aug 23, 2023	Revenue	Q3 FY2024	$16.00B	New
May 24, 2023	GAAP gross margins	Q2 FY2024	68.6%	New
May 24, 2023	non-GAAP gross margins	Q2 FY2024	70%	New
May 24, 2023	GAAP tax rates	Q2 FY2024	14%	New
May 24, 2023	non-GAAP tax rates	Q2 FY2024	14%	New
May 24, 2023	GAAP operating expenses	Q2 FY2024	$2.71B	New
May 24, 2023	GAAP other income and expense	Q2 FY2024	$90.00M	Lowered
May 24, 2023	non-GAAP operating expenses	Q2 FY2024	$1.90B	New
May 24, 2023	non-GAAP other income and expense	Q2 FY2024	$90.00M	Lowered
May 24, 2023	Revenue	Q2 FY2024	$11.00B	New
Feb 22, 2023	GAAP gross margins	Q1 FY2024	64.1%	New
Feb 22, 2023	non-GAAP gross margins	Q1 FY2024	66.5%	New
Feb 22, 2023	GAAP tax rates	Q1 FY2024	13%	New
Feb 22, 2023	non-GAAP tax rates	Q1 FY2024	13%	New
Feb 22, 2023	GAAP operating expenses	Q1 FY2024	$2.53B	New
Feb 22, 2023	GAAP other income and expense	Q1 FY2024	$50.00M	Lowered
Feb 22, 2023	non-GAAP operating expenses	Q1 FY2024	$1.78B	New
Feb 22, 2023	non-GAAP other income and expense	Q1 FY2024	$50.00M	Lowered
Feb 22, 2023	Revenue	Q1 FY2024	$6.50B	New
Nov 16, 2022	GAAP gross margins	Q4 FY2023	63.2%	New
Nov 16, 2022	non-GAAP gross margins	Q4 FY2023	66%	New
Nov 16, 2022	non-GAAP other income and expense	Q4 FY2023	$40.00M	Lowered
Nov 16, 2022	GAAP tax rates	Q4 FY2023	9%	New
Nov 16, 2022	non-GAAP tax rates	Q4 FY2023	9%	New
Nov 16, 2022	GAAP operating expenses	Q4 FY2023	$2.56B	New
Nov 16, 2022	GAAP other income and expense	Q4 FY2023	$40.00M	Lowered
Nov 16, 2022	non-GAAP operating expenses	Q4 FY2023	$1.78B	New
Nov 16, 2022	Revenue	Q4 FY2023	$6.00B	New
Aug 24, 2022	non-GAAP gross margins	Q3 FY2023	65%	New
Aug 24, 2022	GAAP gross margins	Q3 FY2023	62.4%	New
Aug 24, 2022	non-GAAP other income and expense	Q3 FY2023	$10.00M	Lowered
Aug 24, 2022	GAAP tax rates	Q3 FY2023	9.5%	New
Aug 24, 2022	non-GAAP tax rates	Q3 FY2023	9.5%	New
Aug 24, 2022	GAAP operating expenses	Q3 FY2023	$2.59B	New
Aug 24, 2022	GAAP other income and expense	Q3 FY2023	$10.00M	Lowered
Aug 24, 2022	non-GAAP operating expenses	Q3 FY2023	$1.82B	New
Aug 24, 2022	Revenue	Q3 FY2023	$5.90B	New
May 25, 2022	non-GAAP gross margins	Q2 FY2023	67.1%	New
May 25, 2022	GAAP gross margins	Q2 FY2023	65.1%	New
May 25, 2022	GAAP tax rates	Q2 FY2023	12.5%	New
May 25, 2022	non-GAAP operating expenses	Q2 FY2023	$1.75B	New
May 25, 2022	GAAP operating expenses	Q2 FY2023	$2.46B	New
May 25, 2022	non-GAAP tax rates	Q2 FY2023	12.5%	New
May 25, 2022	non-GAAP other income and expense	Q2 FY2023	$40.00M	Lowered
May 25, 2022	GAAP other income and expense	Q2 FY2023	$40.00M	Lowered
May 25, 2022	Revenue	Q2 FY2023	$8.10B	New
Feb 16, 2022	GAAP gross margins	Q1 FY2023	65.2%	New
Feb 16, 2022	non-GAAP gross margins	Q1 FY2023	67%	New
Feb 16, 2022	Non-GAAP operating expenses	Q1 FY2023	$1.60B	New
Feb 16, 2022	GAAP tax rates	Q1 FY2023	11%	New
Feb 16, 2022	non-GAAP tax rates	Q1 FY2023	13%	New
Feb 16, 2022	GAAP operating expenses	Q1 FY2023	$3.55B	New
Feb 16, 2022	GAAP other income and expense	Q1 FY2023	$55.00M	Lowered
Feb 16, 2022	non-GAAP other income and expense	Q1 FY2023	$55.00M	Lowered
Feb 16, 2022	Revenue	Q1 FY2023	$8.10B	New
Nov 17, 2021	non-GAAP gross margins	Q4 FY2022	67%	New
Nov 17, 2021	GAAP gross margins	Q4 FY2022	65.3%	New
Nov 17, 2021	GAAP operating expenses	Q4 FY2022	$2.02B	New
Nov 17, 2021	GAAP tax rates	Q4 FY2022	11%	New
Nov 17, 2021	non-GAAP tax rates	Q4 FY2022	11%	New
Nov 17, 2021	non-GAAP other income and expense	Q4 FY2022	$60.00M	Lowered
Nov 17, 2021	GAAP other income and expense	Q4 FY2022	$60.00M	Lowered
Nov 17, 2021	non-GAAP operating expenses	Q4 FY2022	$1.43B	New
Nov 17, 2021	Revenue	Q4 FY2022	$7.40B	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.