Key Points:
- Q3 revenue $57B, Data Center $51B
- AI demand & Blackwell partnerships driving growth
- Q4 outlook $65B, margins ~75%
NVIDIA reported record financial results for the third quarter of fiscal 2026, driven by continued demand for its data center products and expanding AI infrastructure partnerships. Revenue reached $57.0 billion, a 22% increase from the previous quarter and 62% higher than the same period last year. Data Center revenue accounted for $51.2 billion of the total, setting another company record.
GAAP and non-GAAP gross margins came in at 73.4% and 73.6%, while diluted earnings per share for both measures were $1.30. Strong momentum around NVIDIA’s Blackwell platform and cloud GPU demand contributed significantly to growth across training and inference markets.
Revenue Driven by Accelerating AI Adoption
NVIDIA Q3 results credited the quarter’s performance to rapid expansion in AI workloads across industries. The company highlighted increased activity from model developers, startups, and enterprises incorporating AI into their operations. It also cited demand for cloud GPUs, noting that its Blackwell systems continue to sell out.
During the first nine months of the fiscal year, NVIDIA Q3 results returned $37.0 billion to shareholders through repurchases and dividends. The company plans to issue its next quarterly dividend of $0.01 per share on December 26 to shareholders of record on December 4.
Strong Growth Across Business Segments
The company’s Data Center segment remained its largest contributor. Third-quarter Data Center revenue of $51.2 billion rose 25% quarter over quarter and 66% year over year. NVIDIA announced several new partnerships and infrastructure projects, including:
- A strategic collaboration with OpenAI to deploy at least 10 gigawatts of NVIDIA systems.
- Partnerships with Google Cloud, Microsoft, Oracle, and xAI to expand AI infrastructure across the United States.
- Anthropic’s adoption of NVIDIA systems with an initial 1 gigawatt of compute capacity.
- A collaboration with Intel to develop multiple generations of custom products using NVIDIA NVLink.
NVIDIA also revealed advancements in its AI technology portfolio, including new supercomputing initiatives, updates to the Blackwell platform, the introduction of Rubin CPX, and continued development in quantum-GPU integration with NVQLink.
The Gaming business recorded $4.3 billion in revenue, showing a slight decline from the previous quarter but maintaining growth compared to last year. The company highlighted new game launches supporting DLSS 4 and ongoing enhancements for RTX AI PCs.
Professional Visualization revenue reached $760 million, while Automotive delivered $592 million. NVIDIA continued expanding its involvement in robotics, autonomous vehicles, and industrial AI platforms.
Outlook for Q4 and Beyond
For the fourth quarter of fiscal 2026, NVIDIA expects revenue of approximately $65.0 billion, plus or minus 2%. The company anticipates GAAP gross margins of 74.8% and non-GAAP margins of 75.0%. Operating expenses are projected to rise as NVIDIA continues investing in AI infrastructure, product development, and global partnerships.
NVIDIA Q3 results emphasized its focus on scaling AI capabilities across energy, manufacturing, telecommunication, and cloud sectors. The quarter’s results reflected rapid global adoption of AI tools and infrastructure, reinforcing the company’s position as a major supplier of hardware used in high-performance computing and next-generation digital operations.
With expansion in data centers, advanced GPU technology, and enterprise collaborations, NVIDIA’s performance signals ongoing demand for AI computing power among businesses seeking to integrate automation, cloud innovation, and large-scale model development.
