By Brian Colello, CPA
Publication Date: 2026-02-19 00:00:00
Nvidia NVDA is set to release its fiscal fourth-quarter 2025 earnings report on Feb. 25. Here’s Morningstar’s take on what to look for in Nvidia’s earnings and the outlook for its stock.
Key Morningstar Metrics for Nvidia
Nvidia Earnings Release Date
- Wednesday, Feb. 25, after the close of trading
What to Watch for in Nvidia’s Q4 Earnings
- Hyperscaler capex plans are massive and accelerating for 2026. We’ll seek confirmation that this spending is still flowing to Nvidia. The firm essentially hinted at $300 billion of AI infrastructure for calendar 2026, and we’ll seek validation (if not upside) from here. Upside seems even more likely based on capex guidance from Meta, Amazon, and Google.
- We’d like to better understand Nvidia’s work with OpenAI, which will need to rebound to remain a key partner for the firm in the long run. Nvidia and OpenAI don’t appear to have formally agreed on their previously announced partnership. We’ll seek a status update.
- Memory and hard disk drives have emerged as bottlenecks, and we’ll seek insight into whether this will affect the timing of Nvidia’s shipments and/or data center construction. Nvidia might also provide an update into AI sales into China. China no longer moves the needle for us significantly, but it could provide a near-term revenue boost beyond our current model.
- We anticipate that investors will still seek a beat-and-raise quarter. Nvidia remains on a healthy streak of reporting results ahead of its quarterly…
