Nvidia Reports 2026Q4 Earnings, Quarterly Revenue Records High Again

On February 25 local time, NVIDIA announced its Q4 FY26 (ended January 25, 2026) financial results. Its quarterly revenue hit a record high of $68.127 billion (approximately RMB 465.805 billion), representing a 20% increase quarter-over-quarter and a 73% increase year-over-year. On a non-GAAP basis, operating income was $46.107 billion (approximately RMB 315.247 billion), up 22% quarter-over-quarter and 81% year-over-year; net profit was $39.552 billion (approximately RMB 270.429 billion), up 25% quarter-over-quarter and 79% year-over-year. Gross margin stood at 75.2%, with a sequential increase of 1.6 percentage points and a year-over-year increase of 1.7 percentage points. Looking ahead to Q1 FY27 (February 2026 - April 2026), NVIDIA expects its revenue to be in the range of $76.44 billion to $79.56 billion (approximately RMB 522.643 billion to RMB 543.976 billion). GAAP and non-GAAP gross margins are expected to be 74.4%-75.4% and 74.5%-75.5%, respectively.