NVIDIA has once again shattered expectations, reporting record revenue of $57.01 billion for the third quarter of fiscal 2026, a 62% increase from the same period last year and up 22% from the previous quarter Yahoo Finance Shacknews.
Data Center Dominance
The company’s data center division drove the bulk of growth, generating $51.2 billion in sales, a 66% year-on-year increase. Demand for NVIDIA’s Blackwell GPUs and cloud-based AI accelerators has outpaced supply, with CEO Jensen Huang noting that “cloud GPUs are sold out” and describing sales as “off the charts” Yahoo Finance Shacknews.
Earnings and Margins
- Earnings per share (EPS): $1.30, beating analyst consensus of $1.18 Shacknews.
- Gross margin: 73.4%, reflecting NVIDIA’s strong pricing power in the AI chip market Yahoo Finance.
- Net income: $31.9 billion, up 65% year-on-year TradingView.
Market Impact
Shares of NVIDIA rose in after-hours trading, climbing above $194.40 per share, as investors reacted to the blowout results and raised guidance for the next quarter Shacknews. The company projects Q4 revenue of $65 billion, underscoring confidence in continued AI-driven demand Investopedia.
Strategic Context
NVIDIA’s performance highlights its central role in the global AI infrastructure boom, with hyperscalers and enterprises racing to secure GPU capacity. Analysts estimate global data center capital expenditure could reach $3–4 trillion by 2030, much of it tied to NVIDIA’s ecosystem Analytics Insight.
Outlook
With AI adoption accelerating across industries, NVIDIA’s record-breaking quarter signals that the bottleneck in AI is no longer demand but supply. As Huang put it, “We’ve entered the virtuous cycle of AI… AI is going everywhere, doing everything, all at once” Yahoo Finance.
Sources: Yahoo Finance Yahoo Finance; Shacknews Shacknews; Investopedia Investopedia; TradingView TradingView; Analytics Insight Analytics Insight.
