NVDA · 10-Q · 2026Q3 · Full report
Supply Commitments and Inventory
NVIDIA CORP · 2026-08-26 · Importance 89 · Surprise 82 · From source text
NVIDIA increased supply and capacity commitments from $119 billion in the prior quarter to $279 billion as of July 26, 2026 to support current and future products. The company recorded $2.1 billion of first-half inventory and excess-purchase-obligation provisions, including a $0.4 billion H200 charge after China demand diminished. H200 shipments under the licensing program represented less than 1% of latest-quarter Data Center revenue, while Blackwell and Vera Rubin production transitions were subject to supply constraints.
Key facts
- NVIDIA increased its supply and capacity commitments from $119 billion last quarter to $279 billion as of July 26, 2026 to meet future demand. source
- NVIDIA incurred a $4.5 billion charge associated with H20 excess inventory and purchase obligations in the first quarter of fiscal year 2026 which affected gross margin comparisons. source
- NVIDIA incurred a $0.4 billion charge associated with H200 for excess inventory and purchase obligations during the first half of fiscal year 2027. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | -42.5% | NVIDIA increased its supply and capacity commitments from $119 billion last quarter to $279 billion as of July 26, 2026 to meet future… |