"Nvidia posted $57 billion in Q3 revenue and beat consensus estimates by $1.8 billion. Non-GAAP EPS of $1.3 also beat estimates by $0.04 per share. The company's Data Center segment was vindicated after posting $51.2 billion in revenue compared to the $49.07 billion consensus. This translates to a 4.3% beat, thanks to demand for Blackwell's AI platforms. Graphics did well, too, with $6.1 billion in revenue vs. $5.65 billion expected."
"Data Center revenue grew 66% year-over-year and 25% quarter-over-quarter. Nvidia attributed this to "accelerated computing, powerful AI models, and agentic applications," saying "Blackwell Ultra is now our leading architecture across all customer categories while our prior Blackwell architecture saw continued strong demand. H20 sales were insignificant in the third quarter of fiscal year 2026." Operating cash flow increased from $50.789 billion to $77.107 billion from Q3 fiscal 2025. Gross margins have remained stunted, declining 1.2% year-over-year."
Nvidia reported $57 billion in Q3 revenue, beating consensus by $1.8 billion, with Non-GAAP EPS of $1.30 beating estimates by $0.04. Data Center revenue reached $51.2 billion, a 4.3% beat and growth of 66% year-over-year and 25% quarter-over-quarter, driven by demand for Blackwell architectures and AI platforms. Graphics revenue totaled $6.1 billion. Operating cash flow rose from $50.789 billion to $77.107 billion year-over-year, while gross margins fell 1.2% year-over-year. NVDA stock initially surged then reversed, falling nearly 3% and producing an approximate $900 billion market swing within 36 hours, reflecting broader investor caution about AI and market dynamics.
Read at 24/7 Wall St.
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