Nvidia — Aug 27, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001045810-25-000207
Showing in the filing
Non-GAAP operating expenses
“$ 4,200”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 13
Revenue for Q3 FY2026
“$54.0 billion, plus or minus 2%”
GAAP and non-GAAP gross margins for Q3 FY2026
“73.3% and 73.5%, respectively, plus or minus 50 basis points”
GAAP and non-GAAP gross margins variance for Q3 FY2026
“plus or minus 50 basis points”
Non-GAAP gross margin exit rate for FY2026
“mid-70% range”
Non-GAAP gross margins
“mid-70% range”
GAAP and non-GAAP operating expenses for Q3 FY2026
“approximately $5.9 billion and $4.2 billion, respectively”
GAAP operating expenses for Q3 FY2026
“approximately $5.9 billion”
Operating expense growth for FY2026
“high-30% range”
GAAP and non-GAAP other income and expense for Q3 FY2026
“an income of approximately $500 million”
GAAP and non-GAAP tax rates for Q3 FY2026
“16.5%, plus or minus 1%”
GAAP gross margin for Q3 FY2026
“73.3%”
Non-GAAP gross margin for Q3 FY2026
“73.5%”
Non-GAAP operating expenses for Q3 FY2026
“$ 4,200”
Exhibit 99.1 · the passage around this item
… earlier in the release
NVIDIA CORPORATION RECONCILIATION OF GAAP TO NON-GAAP OUTLOOK Q3 FY2026 Outlook ($ in millions) GAAP gross margin 73.3 % Impact of stock-based compensation expense, acquisition-related costs, and other costs 0.2 % Non-GAAP gross margin 73.5 % GAAP operating expenses $ 5,900 Stock-based compensation expense, acquisition-related costs, and other costs (1,700) Non-GAAP operating expenses $ 4,200
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.