By Ryan Smith
Publication Date: 2026-02-26 01:35:00
NVIDIA this afternoon reported its earnings for both Q4 of their 2026 fiscal year, and for their complete 2026 fiscal year. And like most NVIDIA earnings announcements over the past few years, it is a doozy.
The flagship company for the current AI boom recorded $68 billion in GAAP revenue for Q4’FY26, a 73% year-over-year increase. And the company’s full-year results were equally impressive, booking $216b for all of FY2026, a 65% jump from the year before.
| NVIDIA Q4 FY2026 Financial Results (GAAP) | |||||
|
Q4’2026 |
Q3’2026 |
Q4’2025 |
Q/Q |
Y/Y |
|
| Revenue | $68.1B | $57.0B | $39.3B | +20% | +73% |
| Gross Margin | 75.0% | 73.4% | 73.0% | +1.6pts | +2.0pts |
| Operating Expenses | $6.8B | $5.8B | $4.7B | +16% | +45% |
| Operating Income | $44.3B | $36.0B | $24.0B | +23% | +84% |
| Net Income | $42.9B | $31.9B | $22.1B | +35% | +94% |
| EPS | $1.76 | $1.30 | $0.89 | +35% | +98% |
And in terms of total profitability, things are even rosier. Thanks to NVIDIA’s gross margins recovering to 75% – a level few chipmakers have ever reached – the company booked $43b in net income for Q4’FY26 alone, a 94% year-over-year increase in profitability. That quarter added to an already impressive haul by NVIDIA for the year, leading to NVIDIA closing out FY2026 with $120b in net income – a 65% improvement over the previous year.
| NVIDIA Full Year FY2026 Financial Results (GAAP) | ||||
|
FY2026 |
FY2025 |
FY2024 |
Y/Y |
|
| Revenue | $215.9B | $130.4B | $60.9B | +65% |
| Gross… | ||||
