HighGravityDataNvidia — Feb 25, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001045810-26-000019
Showing in the filing
Non-GAAP gross margin
“75.0 %”
Period
Q1 FY2027
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 8
Non-GAAP gross margin for Q1 FY2027
“75.0 %”
Revenue for Q1 FY2027
“$78.0 billion, plus or minus 2%”
GAAP and non-GAAP gross margins for Q1 FY2027
“74.9% and 75.0%, respectively, plus or minus 50 basis points, inclusive of a 0.1% impact from stock-based compensation expense”
GAAP operating expenses for Q1 FY2027
“approximately $7.7 billion”
Stock-based compensation expense (included i… for Q1 FY2027
“$1.9 billion”
GAAP and non-GAAP tax rates for FY2027
“between 17.0% and 19.0%”
GAAP gross margin for Q1 FY2027
“74.9 %”
Non-GAAP operating expenses for Q1 FY2027
“$ 7,500”
Exhibit 99.1 · the passage around this item
CFO Commentary on Fourth Quarter and Fiscal 2026 Results Q4 Fiscal 2026 Summary GAAP ($ in millions, except earnings per share) Q4 FY26 Q3 FY26 Q4 FY25 Q/Q Y/Y Revenue $68,127 $57,006 $39,331 20 % 73 % Gross margin 75.0 % 73.4 % 73.0 % 1.6 pts 2.0 pts Operating expenses $6,794 $5,839 $4,689 16 % 45 % Operating income $44,299 $36,010 $24,034 23 % 84 % Net income $42,960 $31,910 $22,091 35 % 94 % Diluted earnings per share $1.76 $1.30 $0.89 35 % 98 % Non-GAAP ($ in millions, except earnings per share) Q4 FY26 Q3 FY26 Q4 FY25 Q/Q Y/Y Revenue $68,127 $57,006 $39,331 20 % 73 % Gross margin 75.2 % 73.6 % 73.5 % 1.6 pts 1.7 pts Operating expenses $5,102 $4,215 $3,378 21 % 51 % Operating income $46,107 $37,752 $25,516 22 % 81 % Net income $39,552 $31,767 $22,066 25 % 79 % Diluted earnings per share $1.62 $1.30 $0.89 25 % 82 % Revenue by Reportable Segments ($ in millions) Q4 FY26 Q3 FY26 Q4 FY25 Q/Q Y/Y Compute & Networking $61,651 $50,908 $36,036 21 % 71 % Graphics 6,476 6,098 3,295 6 % 97 % Total $68,127 $57,006 $39,331 20 % 73 % Revenue by Market Platform ($ in millions) Q4 FY26 Q3 FY26 Q4 FY25 Q/Q Y/Y Data Center $62,314 $51,215 $35,580 22 % 75 % Compute 51,334 43,028 32,556 19 % 58 % Networking 10,980 8,187 3,024 34 % 263 % Gaming 3,727 4,265 2,544 (13) % 47 % Professional Visualization 1,321 760 511 74 % 159 % Automotive 604 592 570 2 % 6 % OEM and Other 161 1
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.