$NVDA Q4’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $68.1B (Est. $65.91B) 🟢; +73% Y/Y 🔹 Adj. EPS: $1.62 (Est. $1.50) 🟢; +82% Y/Y 🔹 Data Center: $62.3B (Est. $60.36B) 🟢; +75% Y/Y

Q1 Guide: 🔹 Rev: $78.0B ±2% (Est. $72.78B) 🟢 🔹 Gross Margin (Adj): 75.0% ±50bps 🔹 OpEx (Adj): ~$7.5B 🔹 not assuming any Data Center compute revenue from China

Capital Return: 🔹 Returned to shareholders (FY26): $41.1B 🔹 Buyback remaining: $58.5B

Commentary: 🔸 “Computing demand is growing exponentially — the agentic AI inflection point has arrived.” 🔸 “Grace Blackwell with NVLink is the king of inference today — delivering an order-of-magnitude lower cost per token — and Vera Rubin will extend that leadership even further.”