Nvidia Q3 FY2026: revenue $57.01B, EPS $1.30, Q4 guided to $65.0B
Nvidia's third quarter of fiscal 2026 was another record: $57.01 billion of revenue, $31.91 billion of net income and $1.30 of diluted EPS, with Data Center at $51.22 billion. Guidance for the next quarter of $65.00 billion, plus or minus 2%, points to continued growth. The main caveats are margin drift, a large receivables and inventory build, and a payables figure that does not tie between the filing's balance sheet and the XBRL data. View: Bullish.
1 · Expected vs. Actual
Free preview belowGAAP and non-GAAP diluted EPS were both $1.30, up 66.7% from $0.78 a year ago. Net income of $31.91 billion on $57.01 billion of revenue works out to a 56.0% net margin. Operating income of $36.01 billion was struck after $4.71 billion of R&D, which is 8.3% of revenue.
$57.01 billion is up 62.5% from $35.08 billion a year ago and 22.0% from the prior quarter's $46.74 billion. Data Center supplied $51.22 billion of that, or 89.8% of the total, with Gaming at $4.27 billion, Professional Visualization at $0.76 billion and Automotive at $0.59 billion. The year-over-year gap is the cleanest read: this is still a company compounding at a rate most large firms never see.
The $65.00 billion midpoint is 14.0% above this quarter's $57.01 billion, and gross margin is guided to 74.8% GAAP and 75.0% non-GAAP, both above the 73.4% just reported. Operating expenses are guided to about $6.70 billion GAAP and $5.00 billion non-GAAP, so the incremental revenue is expected to drop through at a high rate. Read the guide as management telling you the demand pipeline is not the constraint.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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