Nvidia’s latest quarterly report reinforced its position at the center of the global AI build‑out, as the company once again cleared a very high bar on both earnings and guidance. Analysts came into fiscal Q4 2026 expecting adjusted earnings of about 1.53-1.54 USD per share on roughly 65.7-66.1 billion USD in revenue, after several upward estimate revisions over the past month as Wall Street tried to catch up with Nvidia’s rapid growth trajectory. Nvidia Again Clears a High Bar With Q4 Beat and Strong Guidance The company comfortably beat those projections, delivering adjusted EPS of 1.62 USD and revenue of 68.1 billion USD, a year‑on‑year top‑line increase of roughly 73%. On a GAAP basis, diluted EPS reached 1.76 USD, underscoring how profitable Nvidia’s current AI cycle has become even after accounting for rising operating expenses. Data Center Strength Underlines Nvidia’s AI Dominance The engine behind this performance remains the data center business, which has effectively become Nvidia’s growth core. Data center revenue climbed to a record 62.3 billion USD in the quarter, up 75% from a year earlier and 22% sequentially, as hyperscalers and enterprise customers “raced to invest in AI compute,” in the company’s words. CFO Colette Kress highlighted that hyperscalers represented just over half of data center revenue, with the rest coming from a widening base of cloud, consumer internet, and enterprise clients, suggesting demand is broadening rather than relying on a handful of mega customers. Other segments contributed as well: gaming and AI PC revenue reached 3.7 billion USD, up 47% year‑on‑year, while professional visualization and automotive posted smaller but positive gains. Guidance Signals AI Investment Cycle Has Room to Run Looking ahead, Nvidia offered guidance that again topped already elevated expectations. For the first quarter of fiscal 2027, the company forecasts revenue of about 78 billion USD, plus or minus 2%, comfortably above consensus estimates near 71.6-72.8 billion USD. Management also pointed to the rollout of its next‑generation Rubin platform and ongoing cloud deployments as key drivers of continued growth in AI infrastructure spending. Despite record results and an upbeat outlook, the market reaction was relatively measured: Nvidia shares rose a bit under 3% in after‑hours trading, reflecting a stock that has already rallied sharply on the AI story and now trades as a barometer for sentiment on the entire sector.
