Chipmaker NVIDIA reported record-breaking financial results for the fourth quarter and full fiscal year 2026, fueled by an unprecedented growth in its core data center business, surge in demand for (artificial intelligence) AI chips and infrastructure
For the fourth quarter ended January 25, 2026, NVIDIA posted revenue of $68.1 billion, up 20% sequentially and 73% year over year. Full-year fiscal 2026 revenue reached $215.9 billion, representing annual growth of 65% %, driven by strong demand for AI infrastructure and accelerated computing platforms.
Margins and earnings tell the same story. Gross margins remained exceptionally strong, with GAAP (Generally Accepted Accounting Principles) margins at 75.0% for the quarter and 71.1% for the full year. GAAP diluted earnings per share rose to $1.76 in the fourth quarter, while full-year GAAP EPS advanced 67% to $4.90, highlighting the operating leverage of NVIDIA’s business model.
“Computing demand is growing exponentially — the agentic AI inflection point has arrived. Grace Blackwell with NVLink is the king of inference today — delivering an order-of-magnitude lower cost per token — and Vera Rubin will extend that leadership even further,” said NVIDIA founder and CEO Jensen Huang in a press release. “Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth.”
Driving the numbers was a surge in data center demand, with Q4 revenue reaching $62.3 billion- up 75% year over year and 22% sequentially- as customers rapidly deployed NVIDIA’s Blackwell platform. For the full fiscal year, data center revenue totalled $193.7 billion, up 68% year over year. The company also outlined its upcoming Rubin architecture, aimed at further reducing AI inference costs.
NVIDIA returned $41.1 billion to shareholders during fiscal 2026 through share repurchases and dividends and ended the year with $58.5 billion remaining under its repurchase authorization. The company also announced a quarterly cash dividend of $0.01 per share, payable on April 1, 2026.
For the upcoming quarter, NVIDIA’s guidance of approximately $78.0 billion in revenue and gross margins near 75% points to sustained AI-driven momentum. With data center platforms leading expansion and new architectures entering the market, the company starts the year strongly.
