NVIDIA released its financial results for the third quarter of fiscal year 2026 (ending October 26), with all figures setting new records. NVIDIA's report shows that the company's revenue reached $57 billion in the quarter, a 62% increase from $35.08 billion in the same period last year, and a 22% increase from $46.74 billion in the previous quarter, demonstrating strong growth momentum.
In terms of profitability, NVIDIA also performed exceptionally well. According to US Generally Accepted Accounting Principles (GAAP), net income for the quarter reached $31.91 billion, with diluted earnings per share of $1.30, a year-on-year increase of 67%. This achievement not only highlights the company's efficient operational capabilities but also reflects its leading position in the global AI computing market.
In terms of business structure, the data center business remains NVIDIA's core growth engine, contributing $51.2 billion in revenue in the third quarter, a year-on-year increase of 66% and a quarter-on-quarter increase of 25%, accounting for nearly 90% of total revenue. In the earnings report, founder and CEO Jensen Huang specifically mentioned that demand for the new generation Blackwell architecture chips was "skyrocketing," with cloud service providers' GPU inventory sold out, and market demand for high-performance computing products continuing to surge.
Huang attributed the performance to the rapid expansion of the AI ecosystem. He pointed out that computing demand is growing exponentially in training and inference, and the industry has entered a "virtuous cycle of AI." With the global deployment of AI technology across multiple industries, and the influx of startups and basic model developers, Nvidia is experiencing unprecedented growth opportunities.
Looking ahead, Nvidia gave optimistic guidance for the fourth quarter, expecting revenue to reach $65 billion (±2%), with a gross margin potentially exceeding 74%. If this target is achieved, it will once again rewrite the single-quarter revenue record, further solidifying Nvidia's dominant position in the AI era.
