Nvidia 2026 Q3 Earnings Record Net Income Surges 65.3% as Revenue and EPS Exceed Expectations

Nvidia (NVDA), the market capitalization leader, reported fiscal 2026 Q3 earnings on Nov 19th, 2025, with revenue and EPS surpassing expectations. The company raised Q4 revenue guidance to $65 billion, signaling robust demand for AI infrastructure.

Revenue

Nvidia’s total revenue surged to $57.01 billion, a 62.5% increase from the previous year. The Data Center segment led the growth with $51.22 billion, driven by Blackwell and cloud GPU demand. Compute revenue reached $43.03 billion, while Networking contributed $8.19 billion. Gaming revenue stood at $4.26 billion, and Professional Visualization and Automotive segments reported $760 million and $592 million respectively, with OEM and Other segments adding $174 million.

Earnings/Net Income

Nvidia’s EPS rose 65.8% to $1.31, with net income surging 65.3% to $31.91 billion, marking the highest in over 20 years.

Price Action

Following the earnings report, Nvidia’s stock edged up 0.94% during the latest trading day but dropped 3.76% during the most recent full trading week. Month-to-date, the stock has gained 2.12%.

CEO Commentary

CEO Jen-Hsun Huang emphasized NVIDIA’s role in three transformative platform shifts, underscoring CUDA’s dominance and leadership in performance-per-watt efficiency. He highlighted robust demand across hyperscalers and partnerships with AI leaders like OpenAI and Anthropic.

Guidance

CFO Colette Kress provided Q4 2026 revenue guidance of $65 billion (±2%), with GAAP and non-GAAP gross margins targeting 74.8% and 75%, respectively. For fiscal 2027, the company aims to maintain mid-70s gross margins despite rising input costs.

Post-Earnings Price Action Review

Nvidia’s stock experienced mixed short-term price action, with gains in the latest trading day offset by a weekly decline. Month-to-date, the stock remains in positive territory, reflecting continued confidence in its AI-driven growth trajectory.

Additional News

Nvidia announced strategic partnerships with Microsoft and Anthropic, including a $30 billion Azure compute commitment and up to $10 billion in investments. The company also revealed a $37 billion shareholder return through buybacks and dividends, highlighting confidence in long-term AI infrastructure demand.

Nvidia’s strategic alliances and capital allocation plans underscore its pivotal role in the AI ecosystem. The company’s partnerships with OpenAI, Anthropic, and hyperscalers are expected to drive sustained growth, while aggressive buybacks signal management’s optimism in future cash flows.

Image: A visualization of Nvidia’s AI infrastructure ecosystem, featuring data centers, Blackwell GPUs, and partnerships with leading tech firms.