NVDA
NVIDIA Corporation177.72
+1.43+0.81%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '26
Agentic AI locks in CapEx growth
Q&A largely reaffirmed prepared remarks on agentic AI's inflection, but Jensen hammered home that compute equals revenue as profitable tokens explode from Claude Code and Codex. No contradictions, yet management directly tackled CapEx sustainability concerns, expressing confidence in hyperscalers' cash flows despite power limits. Gaming supply stays tight, clouding FY27 growth visibility. Vera CPU details emerged for data processing edge. Compute equals revenue now. Ecosystem bets like Anthropic lock in dominance; investors eye Rubin amid Blackwell persistence.
Key Stats
Market Cap
4.33TP/E (TTM)
44.10Basic EPS (TTM)
4.03Dividend Yield
0%Recent Filings
8-K
NVIDIA adopts FY2027 exec bonus plan
NVIDIA's Compensation Committee adopted the Fiscal Year 2027 Variable Compensation Plan on March 2, 2026, tying executive cash bonuses to revenue achievement at threshold, base, and stretch levels ending January 31, 2027. CEO Jen-Hsun Huang targets $4M at base, while other named executives eye $1.5M each. Payouts cap at 200% of base. Executives must stay employed through payment.
10-K
FY2026 results
NVIDIA's FY2026 revenue rocketed 65% to $215.9B, powered by Compute & Networking's 67% surge to $193.5B as Blackwell dominated Data Center. Gross margins slipped to 71.1% from 75.0%, stung by a $4.5B Q1 H20 inventory charge from export curbs—yet operating income climbed 60% to $130.4B. Q4 closed strong with $40.4B in buybacks and $974M dividends, but Gaming faces supply headwinds into FY2027. Export controls foreclosed China data center sales, boosting rivals.
8-K
NVIDIA Q4 revenue $68.1B
10-Q
Q3 FY2026 results
NVIDIA's Q3 FY2026 revenue hit $57.0B, up 62% y/y and 22% q/q (derived), fueled by Data Center's $51.2B surge—66% y/y and 25% q/q—thanks to Blackwell Ultra's dominance and NVLink networking growth. Gross margin dipped to 73.4% from 74.6% y/y amid the Hopper-to-Blackwell shift, yet operating income climbed 65% y/y to $36.0B, with diluted EPS at $1.30, up 67% y/y and reconciling to 24.5B shares. Cash from operations reached $66.5B YTD, up from $47.5B last year, while $8.5B total debt (maturities through 2060, rates 1.55%-3.70%) remains low against $60.6B in cash and equivalents; capex hit $4.8B YTD. Acquisitions added $1.1B goodwill to Compute & Networking. Export controls on AI chips to China pose a key risk, curbing market access.
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