NVIDIA Posts Record $57B Revenue as AI Demand Soars

NVIDIA has reported staggering third-quarter financial , with revenue reaching $57 billion for the period ending October 26, 2025—a 62% increase compared to the same quarter last year. The company's gross margins remained exceptionally strong at 73.4% GAAP and 73.6% non-GAAP, while diluted earnings per share came in at $1.30 for both GAAP and non-GAAP measures.

CEO Jensen Huang described Blackwell GPU sales as "off the charts" during the earnings announcement, noting that cloud GPUs are completely sold out. "Compute keeps compounding across training and growing exponentially," Huang stated. "We've entered a virtuous cycle of AI where the ecosystem is scaling across model makers, startups, and countries. This is everything, at once."

The company's financial performance reflects the massive infrastructure build-out occurring across the AI industry. During the first nine months of fiscal 2026, NVIDIA returned $37 billion to shareholders through share repurchases and dividends. The company still has $62.2 billion remaining under its current repurchase authorization and will pay its next quarterly cash dividend of $0.01 per share on December 26, 2025, to shareholders of record on December 4, 2025.

NVIDIA's outlook for fiscal 2026 remains robust, though specific guidance numbers weren't provided in the earnings release. CFO Colette Kress provided additional commentary available through NVIDIA's investor relations website, emphasizing the company's position in what it describes as "the new industrial revolution" driven by accelerated computing and generative AI.

The company will host a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time) to discuss these with analysts and investors. A live webcast will be available on NVIDIA's investor relations website, with a replay accessible afterward for those unable to attend the live session.

NVIDIA's financial reporting includes both GAAP and non-GAAP measures, with the latter excluding items such as stock-based compensation, acquisition-related costs, and gains or losses from non-marketable investments. The company believes these non-GAAP measures provide investors with better comparability between periods, though they caution that these metrics may differ from those used by other companies.

The earnings release contains forward-looking statements about NVIDIA's business outlook, projected growth trends, and expectations for various industries. These statements are subject to risks and uncertainties that could cause actual to differ materially, including global economic conditions, technological competition, manufacturing dependencies, and regulatory changes. The company disclaims any obligation to update these forward-looking statements except as required by law.