Nvidia Nvda Earnings Report stellar results for the second quarter of fiscal 2026, with revenues reaching a record $46.7 billion—a 56% increase year-over-year and 6% sequential growth.
Key financial figures include:
- GAAP gross margin: 72.4%; Non-GAAP gross margin: 72.7% (72.3% excluding an H20-related $180 million inventory release).
- GAAP earnings per diluted share: $1.08; Non-GAAP EPS: $1.05 (or $1.04 excluding H20 impact).
- Net income: $26.4 billion.
The Data Center division dominated, delivering $41.1 billion in revenue—up 56% year-over-year and 5% sequentially.
Other segments also performed strongly:
- Gaming: $4.3 billion, up 49% y/y.
- Professional Visualization: $601 million, up 32% y/y.
- Automotive & Robotics: $586 million, up 69% y/y.
NVIDIA also approved an additional $60 billion share buyback program, on top of the $24.3 billion already returned to shareholders in the first half of fiscal 2026.
Outlook: NVIDIA forecasts Q3 FY2026 revenue of $54 billion (±2%), with gross margins expected in the mid-70% range. Despite strong results, the stock slipped in after-hours trading, weighed down by weaker-than-expected Data Center revenue and uncertainty over sales in China.
