NVDA · 10-K · 2026A · Full report
Revenue Performance
NVIDIA CORP · 2026-02-25 · Importance 83 · Surprise 82
Revenue for fiscal year 2026 was $215.9 billion, up 65% versus fiscal 2025, driven primarily by data center compute and networking platforms for accelerated computing and AI solutions. Compute & Networking revenue was $193.5 billion, up $77.3 billion year-over-year, and Graphics revenue was $22.5 billion, up $8.2 billion year-over-year for fiscal 2026. Data Center computing revenue grew 59% year-over-year while Data Center networking grew 142% year-over-year, reflecting ramps of Blackwell platforms and NVLink fabric (GB200/GB300). The company began shipping Blackwell Ultra GB300 production units in Q2 FY2026 and notes continued product cadence (Rubin) and transition risk that may drive future revenue volatility.
Key facts
- NVIDIA's Compute & Networking segment revenue was $193,479 million for fiscal year 2026 and $116,193 million for fiscal year 2025.
- Compute & Networking segment operating income was $130,141 million for fiscal year 2026 compared to $82,875 million for fiscal year 2025.
- Revenue for fiscal year 2026 was $215.9 billion, up 65% from a year ago.
- NVIDIA's Graphics segment revenue was $22,459 million for fiscal year 2026 and $14,304 million for fiscal year 2025.
- Graphics segment operating income was $9,156 million for fiscal year 2026 compared to $5,085 million for fiscal year 2025.
- NVIDIA's total operating income was $130,387 million for fiscal year 2026 compared to $81,453 million for fiscal year 2025, up 60%.
- Net income for fiscal year 2026 was $120,067 million compared to $72,880 million for fiscal year 2025, up 65%.
- Gaming revenue for fiscal year 2026 was up 41% from a year ago, driven by strong Blackwell demand.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +39.4% | Revenue for fiscal year 2026 was $215.9 billion, up 65% from a year ago. |
| revenue | positive | realized | +35.8% | NVIDIA's Compute & Networking segment revenue was $193,479 million for fiscal year 2026 and $116,193 million for fiscal year 2025. |
| operating_income | positive | realized | +22.7% | NVIDIA's total operating income was $130,387 million for fiscal year 2026 compared to $81,453 million for fiscal year 2025, up 60%. |
| operating_income | positive | realized | +21.9% | Compute & Networking segment operating income was $130,141 million for fiscal year 2026 compared to $82,875 million for fiscal year 2025. |
| net_income | positive | realized | +21.9% | Net income for fiscal year 2026 was $120,067 million compared to $72,880 million for fiscal year 2025, up 65%. |
| revenue | positive | realized | +3.8% | NVIDIA's Graphics segment revenue was $22,459 million for fiscal year 2026 and $14,304 million for fiscal year 2025. |
| operating_income | positive | realized | +1.9% | Graphics segment operating income was $9,156 million for fiscal year 2026 compared to $5,085 million for fiscal year 2025. |
| revenue | positive | realized | — | Gaming revenue for fiscal year 2026 was up 41% from a year ago, driven by strong Blackwell demand. |
| net_income | positive | realized | — | Net income per diluted share was $4.90 for fiscal year 2026 compared to $2.94 for fiscal year 2025, up 67%. |
| revenue | positive | realized | — | Professional Visualization revenue for fiscal year 2026 was up 70% from a year ago, driven by demand for Blackwell and the launch of DGX… |
| revenue | positive | realized | — | Automotive revenue for fiscal year 2026 was up 39% from a year ago, driven by continued adoption of NVIDIA's self-driving platforms. |