NVIDIA Corporation (NVDA) Q2 2026 Financial Results Summary

# NVIDIA (NVDA) Q2 2026 Financial Results Summary

NVIDIA (NASDAQ: NVDA) announced its financial results for the second quarter of fiscal 2026 on August 27, 2025. Here is a detailed summary of the significant metrics and highlights from the report.

## Key Financial Metrics

– **Total Revenue**: $46.7 billion
– Up **6%** from Q1 FY26
– Up **56%** from Q2 FY25

– **Data Center Revenue**: $41.1 billion
– Up **5%** from Q1 FY26
– Up **56%** from Q2 FY25
– Blackwell Data Center revenue grew **17%** sequentially

– **GAAP Gross Margin**: **72.4%**
– Increased from **60.5%** in Q1 FY26
– Decreased from **75.1%** in Q2 FY25 by **2.7 percentage points**

– **Non-GAAP Gross Margin**: **72.7%**
– Increased from **61.0%** in Q1 FY26
– Decreased from **75.7%** in Q2 FY25 by **3.0 percentage points**
– Non-GAAP gross margin excluding H20 related charges: **72.3%**

– **Operating Expenses**: $5.4 billion
– Increased by **8%** from Q1 FY26
– Increased by **38%** from Q2 FY25

– **Operating Income**: $28.4 billion
– Increased by **31%** from Q1 FY26
– Increased by **53%** from Q2 FY25

– **Net Income**: $26.4 billion
– Increased by **41%** from Q1 FY26
– Increased by **59%** from Q2 FY25

– **Diluted Earnings Per Share (EPS)**:
– GAAP: **$1.08** (up **42%** Q/Q, up **61%** Y/Y)
– Non-GAAP: **$1.05** (up **30%** Q/Q, up **54%** Y/Y)
– Non-GAAP diluted EPS excluding H20 related charges: **$1.04** (up **8%**)

## Shareholder Actions

– **Returned to Shareholders**: $24.3 billion through share repurchases and cash dividends in the first half of fiscal 2026.
– **Share Repurchase Authorization**:
– $14.7 billion remaining under existing authorization.
– An additional **$60.0 billion** approved on August 26, 2025.

– **Quarterly Dividend**: A cash dividend of **$0.01 per share** will be paid on October 2, 2025, to shareholders of record on September 11, 2025.

## Operational Highlights

### Data Center
– Second-quarter Data Center revenue confirmed the significant growth trajectory, driven primarily by the Blackwell platform.
– Collaboration with major enterprises such as Disney and TSMC for the adoption of NVIDIA RTX PRO™ 6000 Blackwell Server Edition GPU.

### Gaming and AI-PC
– Gaming revenue reached **$4.3 billion**, up **14%** Q/Q and **49%** Y/Y.
– Successful launch of Blackwell-powered NVIDIA GeForce RTX™ 5060.

### Professional Visualization
– Revenue was **$601 million**, up **18%** Q/Q and **32%** Y/Y.

### Automotive and Robotics
– Revenue stood at **$586 million**, which is up **3%** from Q1 FY26 and **69%** from Q2 FY25.

## Outlook for Q3 Fiscal 2026
– **Expected Revenue**: $54.0 billion (±2%), with no assumptions on H20 shipments to China.

– **Projected Gross Margins**:
– GAAP: **73.3%**
– Non-GAAP: **73.5%**

– **Operating Expenses**: Approx. $5.9 billion (GAAP) and $4.2 billion (non-GAAP).

– **Expected Tax Rate**: Approximately **16.5%** (±1%).

## Conclusion
NVIDIA’s strong performance in Q2 2026 showcases significant year-over-year growth across various business segments, particularly in Data Centers and Gaming. The company continues to focus on shareholder returns through dividends and share repurchases, while also expanding its technological capabilities and market reach.

For further details, Nvidia will host a conference call today at 2 PM PT (5 PM ET) to discuss these results. A live webcast will be available on NVIDIA’s investor relations website.