NVIDIA Q2 2026 Earnings Call Transcript: Second Quarter Results

NVIDIA Corporation (NVDA) reported Q2 2026 earnings with a focus on the principal points. Colette M. Kress, Executive VP & CFO, Jen-Hsun Huang, Co-Founder, CEO, President & Director, and Toshiya Hari, Vice President of Investor Relations & Strategic Finance, led the conference call. Key highlights included discussions on NVIDIA's financial results, potential risks and uncertainties, and the company's growth prospects in the technology industry.

NVIDIA Corporation (NVDA) released its Q2 2026 earnings report, showcasing robust financial performance driven by strong growth in its Data Center and Gaming segments. The company reported revenue of $46.7 billion, a 6% increase from the previous quarter and a 56% year-over-year increase. GAAP gross margin stood at 72.4%, while non-GAAP gross margin was 72.7%. Earnings per diluted share were $1.08 under GAAP and $1.05 under non-GAAP measures. Net income reached $26.4 billion, up 41% from the previous quarter and 59% year-over-year [1].

The Data Center segment contributed significantly to NVIDIA's growth, with revenue of $41.1 billion, a 5% increase from the previous quarter and a 56% year-over-year increase. The launch of the NVIDIA RTX PRO™ 6000 Blackwell Server Edition GPU and NVIDIA® Spectrum-XGS Ethernet for connecting distributed data centers for giga-scale AI were highlighted as key drivers [1].

The Gaming segment also performed strongly, with revenue of $4.3 billion, up 14% from the previous quarter and 49% year-over-year. The Blackwell-powered NVIDIA GeForce RTX™ 5060 became the fastest-ramping x60-class GPU ever [1].

NVIDIA's management highlighted potential risks, including China export curbs that could impact the company's data center business. Despite this, analysts remain bullish on NVIDIA's prospects, with a Strong Buy consensus rating and price targets ranging from $155 to $225 [2].

For the third quarter of fiscal 2026, NVIDIA expects revenue of $54.0 billion, with GAAP and non-GAAP gross margins of 73.3% and 73.5%, respectively. GAAP and non-GAAP operating expenses are expected to be approximately $5.9 billion and $4.2 billion, respectively, with GAAP and non-GAAP tax rates of 16.5% [1].

References:
[1] https://www.tradingview.com/news/tradingview:3ac2d450f026d:0-nvidia-announces-financial-results-for-q2-fiscal-2026/
[2] https://www.ainvest.com/news/nvidia-stock-poised-earnings-beat-q2-fy-2026-results-approach-2508/