Nvidia Q4 Revenue Hits $68.1 Billion, Beats Estimates

Nvidia Corp. reported robust fourth-quarter results on Wednesday, surpassing Wall Street expectations with revenue of $68.1 billion, fueled by surging demand for its artificial intelligence chips, and issued an optimistic forecast for the current quarter amid continued investments in AI infrastructure by major technology firms.

The chipmaker's data center segment, which powers AI applications, generated a record $62.3 billion in revenue for the period ended January, marking a 75 percent increase from the previous year and accounting for the bulk of overall sales. Total revenue rose 73 percent year over year, exceeding analysts' average estimate of $66.2 billion. Net income for the quarter nearly doubled to $43 billion, contributing to a full fiscal 2026 profit of $120.1 billion, up from $4.4 billion three years earlier. Adjusted earnings per share came in at $1.62, topping projections of $1.53. Gross margins held steady at 75 percent, reflecting strong pricing power in the AI market.

For the first quarter of fiscal 2027, Nvidia anticipates revenue of $78 billion, plus or minus 2 percent, surpassing the $72.6 billion consensus estimate. The guidance excludes any revenue from data...