NVIDIA Q4 Earnings Call Highlights

• NVIDIA posted record Q4 results with total revenue of $68 billion, led by a record data‑center quarter of $62 billion (up 75% YoY, +22% QoQ) driven by the Blackwell and Blackwell Ultra ramp.

• Networking became a larger pillar—generating $11 billion (over 3.5x YoY) as NVLink, Spectrum‑X and InfiniBand adoption scaled—while management linked demand to agentic AI, hyperscaler upgrades and a sovereign‑AI business that more than tripled to over $30 billion.

• Financials and outlook: Q4 free cash flow was $35 billion (FY $97 billion) with $41 billion returned to shareholders; NVIDIA guided Q1 revenue to $78 billion ±2%, assumes no China data‑center compute, and expects ~75% gross margins.

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NVIDIA (NASDAQ:NVDA) reported record results for its fourth quarter of fiscal 2026, driven by continued expansion in data center demand and a broadening customer mix that now includes cloud providers, hyperscalers, AI model makers, enterprises, and sovereign nations. On the company’s earnings call, CFO Colette Kress said total revenue rose to $68 billion, up 73% year-over-year, while the company also posted record operating income and free cash flow.

Kress said the quarter’s sequential growth was a record, with NVIDIA adding $11 billion in data center revenue versus the prior quarter. Fourth-quarter data center revenue totaled $62 billion, up 75% year-over-year and…