HighGravityData

Nvidia

Guidance from Nvidia’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
44 items
Releases tracked
8
Latest release
Aug 26, 2026
Data checked
Aug 26, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Aug 26, 2026 release

Each item compared with the same item in the previous release (May 20, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
ChangeMetricPeriodPreviousNowSource
NewRevenuefor Q3 FY2027—“$108.0 billion, plus or minus 2%”Filing ↗
NewGAAP and non-GAAP gross marginsfor Q3 FY2027—“74.0%, plus or minus 50 basis points”Filing ↗
NewNon-GAAP gross marginfor Q3 FY2027—“74.0 %”Filing ↗
NewGAAP and non-GAAP operating expensesfor Q3 FY2027—“approximately $9.2 billion and $9.0 billion, respectively”Filing ↗
NewGAAP operating expensesfor Q3 FY2027—“approximately $9.2 billion”Filing ↗
NewNon-GAAP operating expensesfor Q3 FY2027—“$ 9.0”Filing ↗
ReiteratedGAAP and non-GAAP tax ratesfor FY2027“between 16.0% and 18.0%”“between 16.0% and 18.0%”Filing ↗
Show 27 items not restated in this release
ChangeMetricPeriodPreviousNowSource
Not restatedRevenuefor Q2 FY2027“$91.0 billion, plus or minus 2%”—Filing ↗
Not restatedRevenuefor Q1 FY2027“$78.0 billion, plus or minus 2%”—Filing ↗
Not restatedGAAP and non-GAAP operating expensesfor Q2 FY2027“approximately $8.5 billion and $8.3 billion, respectively”—Filing ↗
Not restatedGAAP operating expensesfor Q2 FY2027“approximately $8.5 billion”—Filing ↗
Not restatedGAAP operating expensesfor Q1 FY2027“approximately $7.7 billion”—Filing ↗
Not restatedNon-GAAP operating expensesfor Q2 FY2027“$ 8,300”—Filing ↗
Not restatedNon-GAAP operating expensesfor Q1 FY2027“$ 7,500”—Filing ↗
Not restatedStock-based compensation expense (included in operating expenses outlook)for Q1 FY2027“$1.9 billion”—Filing ↗
Not restatedRevenuefor Q4 FY2026“$65.0 billion, plus or minus 2%”—Filing ↗
Not restatedRevenuefor Q3 FY2026“$54.0 billion, plus or minus 2%”—Filing ↗
Not restatedGAAP gross marginfor Q4 FY2026“74.8 %”—Filing ↗
Not restatedGAAP gross marginfor Q3 FY2026“73.3%”—Filing ↗
Not restatedGross margin (longer-term goal)for FY2026“mid-70% range”—Filing ↗
Not restatedGross marginsfor FY2026“mid-70% range”—Filing ↗
Not restatedNon-GAAP gross marginfor Q3 FY2026“73.5%”—Filing ↗
Not restatedNon-GAAP gross margin exit ratefor FY2026“mid-70% range”—Filing ↗
Not restatedNon-GAAP gross marginsNo period stated“mid-70% range”—Filing ↗
Not restatedGAAP and non-GAAP operating expensesfor Q4 FY2026“approximately $6.7 billion and $5.0 billion, respectively”—Filing ↗
Not restatedGAAP and non-GAAP operating expensesfor Q3 FY2026“approximately $5.9 billion and $4.2 billion, respectively”—Filing ↗
Not restatedGAAP and non-GAAP other income and expensefor Q4 FY2026“an income of approximately $500 million”—Filing ↗
Not restatedGAAP and non-GAAP other income and expensefor Q3 FY2026“an income of approximately $500 million”—Filing ↗
Not restatedGAAP and non-GAAP tax ratesfor Q4 FY2026“17.0%, plus or minus 1%”—Filing ↗
Not restatedGAAP operating expensesfor Q4 FY2026“approximately $6.7 billion”—Filing ↗
Not restatedGAAP operating expensesfor Q3 FY2026“approximately $5.9 billion”—Filing ↗
Not restatedNon-GAAP operating expensesfor Q4 FY2026“$ 5,000”—Filing ↗
Not restatedNon-GAAP operating expensesfor Q3 FY2026“$ 4,200”—Filing ↗
Not restatedOperating expense growthfor FY2026“high-30% range”—Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Revenue“$108.0 billion, plus or minus 2%”for Q3 FY2027GAAP-tiedAug 26, 20261Filing ↗
Revenue“$91.0 billion, plus or minus 2%”for Q2 FY2027GAAP-tiedMay 20, 20261Filing ↗
Revenue“$78.0 billion, plus or minus 2%”for Q1 FY2027GAAP-tiedFeb 25, 20261Filing ↗
GAAP and non-GAAP gross margins“74.0%, plus or minus 50 basis points”for Q3 FY2027Company-definedAug 26, 20261Filing ↗
GAAP and non-GAAP gross margins“74.9% and 75.0%, respectively, plus or minus 50 basis points”for Q2 FY2027Company-definedMay 20, 20261Filing ↗
GAAP and non-GAAP gross margins“74.9% and 75.0%, respectively, plus or minus 50 basis points, inclusive of a 0.1% impact from stock-based compensation expense”for Q1 FY2027Company-definedFeb 25, 20261Filing ↗
GAAP gross margin“74.9 %”for Q2 FY2027GAAP-tiedMay 20, 20261Filing ↗
GAAP gross margin“74.9 %”for Q1 FY2027GAAP-tiedFeb 25, 20261Filing ↗
Non-GAAP gross margin“74.0 %”for Q3 FY2027Company-definedAug 26, 20261Filing ↗
Non-GAAP gross margin“75.0 %”for Q2 FY2027Company-definedMay 20, 20261Filing ↗
Non-GAAP gross margin“75.0 %”for Q1 FY2027Company-definedFeb 25, 20261Filing ↗
GAAP and non-GAAP operating expenses“approximately $9.2 billion and $9.0 billion, respectively”for Q3 FY2027Company-definedAug 26, 20261Filing ↗
GAAP and non-GAAP operating expenses“approximately $8.5 billion and $8.3 billion, respectively”for Q2 FY2027Company-definedMay 20, 20261Filing ↗
GAAP and non-GAAP tax rates“between 16.0% and 18.0%”for FY2027Company-definedFeb 25, 20263Filing ↗
GAAP operating expenses“approximately $9.2 billion”for Q3 FY2027GAAP-tiedAug 26, 20261Filing ↗
GAAP operating expenses“approximately $8.5 billion”for Q2 FY2027GAAP-tiedMay 20, 20261Filing ↗
GAAP operating expenses“approximately $7.7 billion”for Q1 FY2027GAAP-tiedFeb 25, 20261Filing ↗
Non-GAAP operating expenses“$ 9.0”for Q3 FY2027Company-definedAug 26, 20261Filing ↗
Non-GAAP operating expenses“$ 8,300”for Q2 FY2027Company-definedMay 20, 20261Filing ↗
Non-GAAP operating expenses“$ 7,500”for Q1 FY2027Company-definedFeb 25, 20261Filing ↗
Stock-based compensation expense (included in operating expenses outlook)“$1.9 billion”for Q1 FY2027GAAP-tiedFeb 25, 20261Filing ↗
Revenue“$65.0 billion, plus or minus 2%”for Q4 FY2026GAAP-tiedNov 19, 20251Filing ↗
Revenue“$54.0 billion, plus or minus 2%”for Q3 FY2026GAAP-tiedAug 27, 20251Filing ↗
GAAP and non-GAAP gross margins“74.8% and 75.0%, respectively, plus or minus 50 basis points”for Q4 FY2026Company-definedNov 19, 20251Filing ↗
GAAP and non-GAAP gross margins“73.3% and 73.5%, respectively, plus or minus 50 basis points”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
GAAP and non-GAAP gross margins variance“plus or minus 50 basis points”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
GAAP gross margin“74.8 %”for Q4 FY2026GAAP-tiedNov 19, 20251Filing ↗
GAAP gross margin“73.3%”for Q3 FY2026GAAP-tiedAug 27, 20251Filing ↗
Gross margin (longer-term goal)“mid-70% range”for FY2026GAAP-tiedMay 28, 20251Filing ↗
Gross margins“mid-70% range”for FY2026GAAP-tiedMay 28, 20251Filing ↗
Non-GAAP gross margin“75.0 %”for Q4 FY2026Company-definedNov 19, 20251Filing ↗
Non-GAAP gross margin“73.5%”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
Non-GAAP gross margin exit rate“mid-70% range”for FY2026Company-definedAug 27, 20251Filing ↗
GAAP and non-GAAP operating expenses“approximately $6.7 billion and $5.0 billion, respectively”for Q4 FY2026Company-definedNov 19, 20251Filing ↗
GAAP and non-GAAP operating expenses“approximately $5.9 billion and $4.2 billion, respectively”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
GAAP and non-GAAP other income and expense“an income of approximately $500 million”for Q4 FY2026Company-definedNov 19, 20251Filing ↗
GAAP and non-GAAP other income and expense“an income of approximately $500 million”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
GAAP and non-GAAP tax rates“17.0%, plus or minus 1%”for Q4 FY2026Company-definedNov 19, 20251Filing ↗
GAAP and non-GAAP tax rates“16.5%, plus or minus 1%”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
GAAP operating expenses“approximately $6.7 billion”for Q4 FY2026GAAP-tiedNov 19, 20251Filing ↗
GAAP operating expenses“approximately $5.9 billion”for Q3 FY2026GAAP-tiedAug 27, 20251Filing ↗
Non-GAAP operating expenses“$ 5,000”for Q4 FY2026Company-definedNov 19, 20251Filing ↗
Non-GAAP operating expenses“$ 4,200”for Q3 FY2026Company-definedAug 27, 20251Filing ↗
Operating expense growth“high-30% range”for FY2026GAAP-tiedMay 28, 20252Filing ↗
No period stated
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Quarterly dividend“$0.25 per share”—Declared actionMay 20, 20261Filing ↗
Share repurchase authorization increase“$80.0 billion”—Declared actionMay 20, 20261Filing ↗

How one item moved

GAAP and non-GAAP tax rates, for FY2027 — every statement across the year, each linked to its filing.

Feb 25, 2026
New
“between 17.0% and 19.0%”
May 20, 2026
Lowered
“between 16.0% and 18.0%”
Aug 26, 2026
Reiterated
“between 16.0% and 18.0%”

How your Semiconductors sector group guides

12 companies in Semiconductors. What they guide on, and who reported this season.

Most-guided metric families
Revenue
12
GAAP EPS
9
Gross margin
8
Tax rate
7
Share count
6
Adjusted EPS
5
Dividends
5
Buybacks
5
This season’s releases
Micron TechnologySep 30, 20267 changes
BroadcomSep 2, 20266 changes
Marvell TechnologyAug 27, 202611 changes
NvidiaAug 26, 20266 changes
Analog DevicesAug 19, 20268 changes
Microchip TechnologyAug 6, 202631 changes
AMDAug 4, 202610 changes
OnsemiAug 3, 202615 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2027FY2026FY2025No period
H20 revenue loss impact on outlook—1 statement——
Revenue3 statements4 statements1 statement—
GAAP and non-GAAP gross margins3 statements4 statements1 statement—
GAAP and non-GAAP gross margins variance—1 statement——
GAAP gross margin2 statements4 statements1 statement—
The full record for Nvidia and its Semiconductors peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Aug 26, 2026FY2027 Q20001045810-26-0000737Open filing ↗
May 20, 2026FY2027 Q10001045810-26-00005110Open filing ↗
Feb 25, 2026FY2026 Q40001045810-26-0000198Open filing ↗
Nov 19, 2025FY2026 Q30001045810-25-0002289Open filing ↗
Aug 27, 2025FY2026 Q20001045810-25-00020713Open filing ↗
May 28, 2025FY2026 Q10001045810-25-00011513Open filing ↗
Feb 26, 2025FY2025 Q40001045810-25-0000219Open filing ↗
Nov 20, 2024FY2025 Q30001045810-24-0003159Open filing ↗

Not located in filing

15 values were detected in these releases but could not be matched to an exact sentence in the filing body, so they are not shown as guidance. We surface the count rather than drop it silently.

Show the 15 unmatched spans
SpanWhyFiled
Non-GAAP operating expenses = approximately $9.0 billionspan gate: value not verbatim in filingAug 26, 2026
Non-GAAP operating expenses = approximately $9.0 billionspan gate: value not verbatim in filingAug 26, 2026
share repurchase authorization = an additional $80.0 billion, without expirationspan gate: value not verbatim in filingMay 20, 2026
Non-GAAP operating expenses = approximately $8.3 billionspan gate: value not verbatim in filingMay 20, 2026
Non-GAAP operating expenses = approximately $8.3 billionspan gate: value not verbatim in filingMay 20, 2026
Non-GAAP operating expenses = approximately $7.5 billionspan gate: value not verbatim in filingFeb 25, 2026
Non-GAAP operating expenses = approximately $5.0 billionspan gate: value not verbatim in filingNov 19, 2025
Non-GAAP operating expenses = approximately $5.0 billionspan gate: value not verbatim in filingNov 19, 2025
share repurchase authorization = an additional $60.0 billion, without expirationspan gate: value not verbatim in filingAug 27, 2025
Non-GAAP operating expenses = approximately $4.2 billionspan gate: value not verbatim in filingAug 27, 2025
Non-GAAP operating expenses = approximately $4.2 billionspan gate: value not verbatim in filingAug 27, 2025
Non-GAAP operating expenses = approximately $4.0 billionspan gate: value not verbatim in filingMay 28, 2025
Non-GAAP operating expenses = approximately $4.0 billionspan gate: value not verbatim in filingMay 28, 2025
Non-GAAP operating expenses = approximately $3.6 billionspan gate: value not verbatim in filingFeb 26, 2025
Non-GAAP operating expenses = approximately $3.4 billionspan gate: value not verbatim in filingNov 20, 2024
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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