NVIDIA Corporation Earnings Recaps
Q4 2026
Feb 27, 2026
NVIDIA reported exceptional fourth-quarter results for fiscal 2026, achieving record revenue of $68 billion, reflecting a 73% year-over-year increase, driven primarily by the booming demand for data center solutions and AI applications.
Key takeaways
- Data center revenue reached $62 billion in Q4, up 75% year-over-year and 22% sequentially, showcasing strong adoption of the Blackwell architecture.
- NVIDIA's networking business saw a remarkable growth of over 10x since the acquisition of Mellanox, generating $31 billion in revenue for the year.
- The demand for AI-powered solutions continues to reshape customer spending patterns, with major cloud providers increasing CapEx by nearly $120 billion in 2026.
- Sovereign AI contracts tripled in fiscal 2026, with over $30 billion in revenue coming from government clients in multiple countries.
- The company remains committed to innovation, with an R&D budget nearing $20 billion, focusing on maximizing AI performance and cost efficiency.