NVDA Nvidia Corp

What the last report said

Wed, Aug 26, 2026

NVIDIA Q2: Revenue & profit far beat expectations, driven overwhelmingly by Data Center ($89B, +117% YoY); after excluding equity securities unrealized gains, core operating quality remains strong (Adj. EPS +6.2% vs. consensus), gross margin flat for 2 quarters but operating margin expands for 5 consecutive quarters

• Data Center revenue reached $89.0B (92.5% of total), up +117% YoY and +18% QoQ, driven by full production ramp of Vera Rubin platform, accelerated GB300 adoption (contributing ~2/3 of Blackwell revenue), and global deployment of Spectrum-X Ethernet switches
• Networking revenue hit $8.2B (+162% YoY), with NVLink, InfiniBand, and Spectrum-X Ethernet all contributing; NVIDIA switches now achieve GPU attach rates on par with InfiniBand in AI factory deployments
• Edge Computing revenue was $7.2B (+27% YoY), powered by RTX Spark superchip, DGX Station for Windows, Isaac GR00T humanoid robot, and Cosmos 3—the world’s first fully open frontier omnimodel for physical AI
• Gross margin held at 75% (up +2.6pp YoY), supported by high-margin Data Center mix, improved yield, and reduced cycle time; operating margin rose to 66.2% (+5.4pp YoY), reflecting scale benefits and operating leverage

Risks, guidance detail and earnings-call takeaways are in the app. Get FirstPrint →