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Nvidia Surges Past Expectations with Stellar AI Chip Sales
26 Feb
Summary
- Nvidia achieved record revenue of $68.1 billion in fiscal Q4 2026.
- Company guidance for fiscal Q1 2027 projects $78 billion in revenue.
- Gross margins rose to 75%, surpassing company expectations.
Nvidia has reported a remarkable recovery and surge in performance, with record revenue of $68.1 billion for the fourth quarter of fiscal year 2026. This figure represents a 20% increase from the previous quarter and a substantial 73% jump year-over-year.
Looking ahead, Nvidia issued guidance for the first quarter of fiscal year 2027, anticipating revenue to reach $78 billion. Supply-related commitments also saw a significant increase, highlighting strategic inventory and capacity securing to meet demand.
The company's gross margin demonstrated a healthy upward trend, reaching 75% for the quarter, which exceeded its own guidance and marked an improvement from the previous quarter. This financial strength comes as hyperscalers continue aggressive investments in AI infrastructure.
For the full fiscal year 2026, Nvidia achieved revenues of $215.9 billion, a 65% increase from the prior year. Data center revenues were particularly strong, contributing $197.3 billion. CEO Jensen Huang emphasized the exponential growth in computing demand driven by enterprise adoption of AI agents.
