NVIDIA stock has jumped over 5% in premarket trading today, following the release of the tech giant’s record third-quarter revenue of $57.0 billion, up 22% from the previous quarter and 62% from a year ago.
For Q3, Nvidia saw earnings per share of $1.30 on revenue of $57.01 billion. It reported GAAP and non-GAAP gross margins of 73.4% and 73.6%, respectively.
For the quarter, the AI giant’s data center business generated $51.2 billion, surpassing estimates of $49.3 billion.
Nvidia’s gaming revenue was $4.3 billion, just below the $4.4 billion forecast.
Jensen Huang, founder and CEO of NVIDIA told investors, “Blackwell sales are off the charts, and cloud GPUs are sold out. Compute demand keeps accelerating and compounding across training and inference — each growing exponentially. We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast — with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once.”
In the first nine months of fiscal 2026, NVIDIA returned $37.0 billion to shareholders through share repurchases and cash dividends. By the end of the third quarter, $62.2 billion was still available under its share buyback program.
Nvidia expects approximately $65 billion in revenue for the fourth quarter.
Nvidia stock has increased by over 37% this year and 25% in the past 12 months.
By CEO NA Editorial Staff
