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 operating expenses
“$ 7,500”
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
… earlier in the release
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.
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.