Nvidia — Nov 19, 2025 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001045810-25-000228
Showing in the filing
GAAP and non-GAAP other income and expense
“an income of approximately $500 million”
Period
Q4 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 9
Revenue for Q4 FY2026
“$65.0 billion, plus or minus 2%”
GAAP and non-GAAP gross margins for Q4 FY2026
“74.8% and 75.0%, respectively, plus or minus 50 basis points”
GAAP and non-GAAP operating expenses for Q4 FY2026
“approximately $6.7 billion and $5.0 billion, respectively”
GAAP operating expenses for Q4 FY2026
“approximately $6.7 billion”
GAAP and non-GAAP other income and expense for Q4 FY2026
“an income of approximately $500 million”
GAAP and non-GAAP tax rates for Q4 FY2026
“17.0%, plus or minus 1%”
GAAP gross margin for Q4 FY2026
“74.8 %”
Non-GAAP gross margin for Q4 FY2026
“75.0 %”
Non-GAAP operating expenses for Q4 FY2026
“$ 5,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
• GAAP and non-GAAP gross margins are expected to be 74.8% and 75.0%, respectively, plus or minus 50 basis points. • GAAP and non-GAAP operating expenses are expected to be approximately $6.7 billion and $5.0 billion, respectively. • GAAP and non-GAAP other income and expense are expected to be an income of approximately $500 million, excluding gains and losses from non-marketable and publicly-held equity securities. • GAAP and non-GAAP tax rates are expected to be 17.0%, plus or minus 1%, excluding any discrete items. ______________ For further information, contact: Toshiya Hari Mylene Mangalindan Investor Relations Corporate Communications NVIDIA Corporation NVIDIA Corporation toshiyah@nvidia.com mmangalindan@nvidia.com Non-GAAP Measures To supplement NVIDIA’s condensed consolidated financial statements presented in accordance with GAAP, the company uses non-GAAP measures of certain components of financial performance. These non-GAAP measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP other income (expense), net, non-GAAP net income, non-GAAP net income, or earnings, per diluted share, and free cash flow. For NVIDIA’s investors to be better able to compare its current results with those of previous periods, the company has shown a reconciliation of GAAP to non-GAAP financial measures. These reconciliations adjust the related GAAP financial measures to exclude stock-based compensation expense, acquisition-related and other costs, othe
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.