Nvidia — Aug 26, 2026 release

The year-on-year increase reflects growth in revenue, while the sequential decrease was driven by higher working capital adjustments and cash taxes. We issued $25.0 billion of senior unsecured notes in the second quarter to be used for general corporate purposes. Outlook Outlook for the third quarter of fiscal 2027 is as follows: • Revenue is expected to be $108.0 billion, plus or minus 2%. We are not assuming any Data Center compute revenue from China in our outlook. • GAAP and non-GAAP gross margins are expected to be 74.0%, plus or minus 50 basis points. • GAAP and non-GAAP operating expenses are expected to be approximately $9.2 billion and $9.0 billion, respectively. For the full year fiscal 2027, we expect GAAP and non-GAAP tax rates to be between 16.0% and 18.0%, excluding any discrete items and material changes to our tax environment. ______________ For further information, contact: Toshiya Hari Mylene Mangalindan Investor Relations Corporate Communications NVIDIA Corporation NVIDIA Corporation IR@nvidia.com press@nvidia.com Non-GAAP Measures To supplement NVIDIA’s condensed consolidated financial statements presented in accordance with GAAP, the company uses non-GAAP measures of certain components of financial performance. These non-GAAP measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP other income (expense), net, non-GAAP net income, non-GAAP net income, or earnings, per diluted share, and free cash flow. For NVIDIA’s investors to be better able to compare its current results wi