NVIDIA Posts Record Quarterly Revenue as Data-Center Boom Accelerates

NVIDIA reported another quarter of record results Wednesday, underscoring the company’s commanding position in the accelerating global race to build AI infrastructure. The chipmaker posted third-quarter fiscal 2026 revenue of $57.0 billion, up 22% from the prior quarter and 62% from a year earlier, according to its earnings report for the period ended Oct. 26, 2025. Net income rose to $31.9 billion, compared with $19.3 billion a year earlier, while diluted earnings per share reached $1.30.

The surge was driven overwhelmingly by the company’s data-center business, which continues to absorb unprecedented demand from cloud providers, AI developers and sovereign initiatives worldwide. Data-center revenue climbed to $51.2 billion, up 25% from the previous quarter and 66% from a year earlier. NVIDIA said its new Blackwell platform achieved “the highest performance and best overall efficiency” in industry benchmarks and is now sold out across major cloud deployments.

“Blackwell sales are off the charts, and cloud GPUs are sold out,” said Jensen Huang, NVIDIA’s founder and chief executive, in the company’s press release. Huang added that compute demand “keeps accelerating and compounding across training and inference — each growing exponentially,” describing what he called “the virtuous cycle of AI.”

The quarter also highlighted NVIDIA’s deepening partnerships across the global technology landscape. The company announced a strategic agreement with OpenAI to deploy at least 10 gigawatts of NVIDIA systems for next-generation AI infrastructure, while additional collaborations with Google Cloud, Microsoft, Oracle and xAI target expansion of U.S. AI capacity with “hundreds of thousands” of NVIDIA GPUs. International initiatives included programs in the U.K., Germany and South Korea, each designed to scale national AI capabilities using NVIDIA hardware.

Beyond data centers, NVIDIA reported strong growth in several smaller segments. Gaming revenue reached $4.3 billion, up 30% from a year ago. Professional visualization revenue increased 56% year over year, and automotive revenue rose 32% over the same period.

Looking ahead, NVIDIA projected fourth-quarter revenue of $65 billion, plus or minus 2%, alongside expected GAAP gross margins of 74.8%. The company also said it returned $37.0 billion to shareholders in the first nine months of fiscal 2026 through repurchases and dividends, with $62.2 billion remaining authorized.