Nvidia — Feb 25, 2026 release

(D) Income tax impact of non-GAAP adjustments, including the recognition of excess tax benefits or deficiencies related to stock-based compensation under GAAP accounting standard (ASU 2016-09).  NVIDIA CORPORATION  RECONCILIATION OF GAAP TO NON-GAAP OUTLOOK  Q1 FY2027 Outlook ($ in millions) GAAP gross margin 74.9  % Impact of acquisition-related costs and other costs 0.1  % Non-GAAP gross margin* 75.0   % GAAP operating expenses $ 7,700  Acquisition-related costs and other costs (200) Non-GAAP operating expenses* $ 7,500   *Beginning in the first quarter of fiscal 2027, NVIDIA will include stock-based compensation expense in its non-GAAP financial measures. Stock-based compensation expense for the first quarter of fiscal 2027 is expected to have a 0.1% impact on non-GAAP gross margin and $1.9 billion in non-GAAP operating expenses.