NVDA · 10-K · 2026A · Full report
Datacenter Demand and Networking Ramp
NVIDIA CORP · 2026-02-25 · Importance 91 · Surprise 88
Compute & Networking revenue increased to $193.5 billion in FY2026 (up $77.3 billion year-over-year), driven by platform shifts to accelerated computing and AI. Data Center computing revenue grew 59% year-over-year driven by demand for the Blackwell computing platform, while Data Center networking revenue grew 142% led by NVLink compute fabric ramps for GB200 and GB300 and growth in Ethernet and InfiniBand platforms. Management highlights the continued introduction and ramp of GB300 systems as part of this networking expansion. These trends indicate strong, broad-based demand across compute and network elements of AI datacenter stacks.
Key facts
- Data Center revenue for fiscal year 2026 was up 68% from a year ago.
- Revenue from Data Center networking grew 142% driven by the introduction and continued ramp of NVLink compute fabric for GB200 and GB300 systems and growth of Ethernet and InfiniBand platforms.
- Revenue from Data Center computing grew 59% driven by demand for the Blackwell computing platform.
- NVIDIA's revenue growth in fiscal year 2026 was driven by data center compute and networking platforms for accelerated computing and AI solutions, with Blackwell architectures representing the majority of Data Center revenue.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Data Center revenue for fiscal year 2026 was up 68% from a year ago. |
| revenue | positive | realized | — | Revenue from Data Center networking grew 142% driven by the introduction and continued ramp of NVLink compute fabric for GB200 and GB300… |
| revenue | positive | realized | — | Revenue from Data Center computing grew 59% driven by demand for the Blackwell computing platform. |