NVIDIA, the leading company in artificial intelligence (AI) semiconductors, has announced financial results and guidance for the past quarter that surpassed market expectations.
The company reported that its revenue for the third quarter of the 2026 fiscal year (August-October) reached $57.01 billion, marking a 62% increase year-over-year. This figure, equivalent to approximately 83.4 trillion Korean won, is an all-time high and exceeded the market consensus estimate of $54.92 billion compiled by LSEG. Earnings per share (EPS) for the quarter were $1.30, also higher than the projected $1.25.
Gross margin, a key measure of profitability, stood at 75.0%. The gross margin is calculated by dividing the gross profit (revenue minus cost of goods sold) by the total revenue.
Looking ahead, NVIDIA projected fourth-quarter revenue to be $65.0 billion, which again is higher than the market's forecast of $61.66 billion. The company anticipates maintaining a gross margin of 75.0% in the fourth quarter.
A breakdown of the third-quarter performance showed robust growth across all major segments. The Data Center division, which drives the AI boom, saw revenue soar by 66% year-over-year to $51.2 billion. Revenue from Gaming and AI PC products increased by 30% over the same period, reaching $4.3 billion. The Professional Visualization segment generated $760 million in revenue, an increase of 56%, while the Automotive and Robotics division brought in $592 million, up 32% from the previous year.
Jensen Huang, NVIDIA's Chief Executive Officer (CEO), commented on the exceptional performance, stating, "Blackwell sales are growing explosively, and GPUs for the cloud are sold out." He emphasized the exponential rise in computing demand across all domains, from AI training to inference. "We have entered the virtuous cycle of AI," Huang concluded, signaling strong confidence in the company's sustained growth trajectory within the rapidly expanding AI landscape.
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