NVIDIA Earnings Report Q1 FY2026: Date and What to Expect
NVIDIA Q1 FY2026 earnings report on May 28, 2025 after market close. View analyst estimates, revenue forecasts, and what to expect.
Last Updated: May 15, 2025
NVIDIA Corporation (NASDAQ: NVDA) is scheduled to report Q1 FY2026 earnings on May 28, 2025, after market close. The Santa Clara-based semiconductor company, led by co-founder and CEO Jensen Huang, is the dominant supplier of AI accelerator GPUs and one of the most closely watched stocks in the technology sector for quarterly earnings events. This article covers the exact earnings date and time, Wall Street analyst consensus estimates, key themes analysts are tracking, historical beat/miss data, and how to access the live earnings call.
NVIDIA Q1 FY2026 Earnings: Key Facts at a Glance
Field Detail Report Date May 28, 2025 Fiscal Quarter Q1 FY2026 (covering February – April 2025) Report Time 4:05 PM ET / 1:05 PM PT / 9:05 PM GMT / 10:05 PM CET Timing After Market Close Earnings Call 4:30 PM ET via investor.nvidia.com
Jump to:
- NVIDIA Earnings Date: Next Report Date, Time, and Schedule
- Understanding NVIDIA's Fiscal Calendar: Why Q1 Isn't January
- What to Expect from NVIDIA Earnings: Analyst Consensus Estimates
- NVIDIA Business Segments: Revenue Breakdown and What to Watch
- Key Themes to Watch in NVIDIA's Upcoming Earnings Report
- NVIDIA Earnings History: Beat/Miss Track Record and Stock Reactions
- Investment Considerations: Upside Catalysts, Key Risks, and the Implied Move
- How to Watch the NVIDIA Earnings Call: Live Webcast, Dial-In, and Replay
- Frequently Asked Questions About NVIDIA Earnings
NVIDIA Earnings Date: Next Report Date, Time, and Schedule
When Is NVIDIA's Next Earnings Report?
NVIDIA's next earnings report for Q1 FY2026 (covering February through April 2025) is scheduled for May 28, 2025, after market close. NVIDIA consistently reports after market close, not before market open. The earnings press release and live webcast begin simultaneously at approximately 4:05 PM ET.
| Time Zone | Earnings Release Time |
|---|---|
| Eastern Time (ET) | 4:05 PM |
| Pacific Time (PT) | 1:05 PM |
| Greenwich Mean Time (GMT) | 9:05 PM |
| Central European Time (CET) | 10:05 PM |
The earnings call with analyst Q&A typically begins at 4:30 PM ET on the same date. The four time zones above cover the primary investor geographies tracking NVIDIA's quarterly results.
NVIDIA Earnings Calendar 2025: Full Year Schedule
The table below covers all earnings dates occurring in calendar year 2025. Because NVIDIA's fiscal year ends in late January, calendar year 2025 spans parts of two fiscal years: FY2025 Q4 (which reported in February 2025) and FY2026 Q1 through Q3.
| Fiscal Quarter | Calendar Period Covered | Expected Report Month | Actual Date |
|---|---|---|---|
| Q4 FY2025 | November 2024 – January 2025 | February 2025 | February 26, 2025 |
| Q1 FY2026 | February – April 2025 | May 2025 | May 28, 2025 |
| Q2 FY2026 | May – July 2025 | August 2025 | TBD |
| Q3 FY2026 | August – October 2025 | November 2025 | TBD |
Dates marked TBD are estimated based on NVIDIA's historical reporting schedule. Confirm at investor.nvidia.com.
Understanding NVIDIA's Fiscal Calendar: Why Q1 Isn't January
NVIDIA's fiscal year ends in late January, not December 31 like most publicly traded companies. This means NVIDIA's fiscal year 2026 (FY2026) runs from February 2025 through January 2026.
The practical consequence is that NVIDIA's fiscal quarter labels do not align with calendar quarters. The table below shows the complete mapping for FY2026:
| Fiscal Quarter | Calendar Months Covered | Expected Earnings Report Month |
|---|---|---|
| Q1 FY2026 | February – April 2025 | May 2025 |
| Q2 FY2026 | May – July 2025 | August 2025 |
| Q3 FY2026 | August – October 2025 | November 2025 |
| Q4 FY2026 | November 2025 – January 2026 | February 2026 |
When you see a headline referencing NVIDIA's Q3 FY2026 earnings, that refers to results covering August through October 2025, not the third calendar quarter of 2026. This fiscal calendar quirk is one of the most common sources of investor confusion. All fiscal quarter references throughout this article include the corresponding calendar months for clarity.
What to Expect from NVIDIA Earnings: Analyst Consensus Estimates
Analyst Revenue and EPS Estimates for Q1 FY2026
For Q1 FY2026 (covering February through April 2025), Wall Street analysts expect NVIDIA to report revenue of approximately $43.2 billion and non-GAAP earnings per share (EPS) of approximately $0.89, representing roughly 65% revenue growth year-over-year compared to Q1 FY2025, per Wall Street consensus as of May 15, 2025.
The consensus estimate is the average forecast compiled from all Wall Street analysts who cover NVIDIA, aggregated by financial data services such as FactSet, Bloomberg, and Refinitiv. When NVIDIA reports results above this figure, it has beaten estimates; below it, it has missed. The market's reaction is always relative to the consensus, not to the absolute dollar figure. NVIDIA can report record revenue and still see its stock fall if results come in below what analysts expected.
| Metric | Q4 FY2025 Actual | Q1 FY2026 Estimate (Consensus) | YoY Change |
|---|---|---|---|
| Total Revenue ($B) | $39.3B | ~$43.2B | ~+65% vs. Q1 FY2025 |
| Non-GAAP EPS | $0.89 | ~$0.89 | ~+48% vs. Q1 FY2025 |
| GAAP EPS | $0.73 | ~$0.72 | ~+44% vs. Q1 FY2025 |
| Non-GAAP Gross Margin | 73.5% | ~72.5% | Watch item |
| GAAP Gross Margin | 73.0% | ~72.0% | Watch item |
Estimates as of May 15, 2025 — subject to change. Source: Wall Street consensus per FactSet. Prior quarter figures per NVIDIA's Q4 FY2025 earnings press release.
Beyond the official Wall Street consensus, active traders also monitor the earnings whisper number, an informal estimate that often runs above consensus and represents the market's true beat threshold. EarningsWhispers.com tracks this figure, though it should always be treated as unofficial market expectation rather than a verified forecast.
GAAP vs. Non-GAAP Earnings: What's the Difference?
NVIDIA reports two sets of earnings figures each quarter: GAAP (calculated under Generally Accepted Accounting Principles) and non-GAAP (an adjusted figure that excludes stock-based compensation and other items).
Non-GAAP EPS excludes stock-based compensation (SBC), acquisition-related charges, and certain one-time items that GAAP requires to be counted as expenses. For NVIDIA specifically, stock-based compensation is large, which makes the gap between the two figures material. In Q4 FY2025, NVIDIA reported GAAP EPS of $0.73 and non-GAAP EPS of $0.89. The difference of approximately $0.16 per share primarily represents stock compensation paid to employees, which GAAP counts as an expense but non-GAAP excludes. Wall Street consensus estimates and earnings headlines almost always reference the non-GAAP figure. NVIDIA reconciles GAAP to non-GAAP in every earnings press release, as required by the SEC.
Key Financial Metrics to Watch: Gross Margin
Gross margin (revenue minus cost of goods sold, expressed as a percentage of revenue) measures how profitably NVIDIA sells each dollar of chips and systems. NVIDIA's non-GAAP gross margin expanded from approximately 60% before the AI demand cycle began to above 70% in recent quarters, driven by the shift toward high-margin Data Center GPUs. Analysts will be watching whether the Blackwell architecture ramp temporarily compresses margins in Q1 FY2026, as early-stage production runs for new GPU architectures typically carry higher unit costs before yields improve at scale. The gross margin row in the estimates table above reflects this watch item.
NVIDIA Business Segments: Revenue Breakdown and What to Watch
How Does NVIDIA Make Money? Segment Overview
NVIDIA generates revenue by designing semiconductor chips, predominantly graphics processing units (GPUs), and associated software sold across four reportable business segments. Because NVIDIA operates as a fabless chipmaker, it designs its GPUs but outsources manufacturing to TSMC (Taiwan Semiconductor Manufacturing Company), which produces the chips at advanced process nodes. Its four segments are Data Center, Gaming, Professional Visualization, and Automotive.
| Segment | Q4 FY2025 Revenue ($B) | YoY Growth (%) | % of Total Revenue | Q1 FY2026 Analyst Estimate ($B) |
|---|---|---|---|---|
| Data Center | $35.6B | +93% | ~91% | ~$39.5B |
| Gaming | $2.5B | +11% | ~6% | ~$2.6B |
| Professional Visualization | $0.5B | +10% | ~1% | ~$0.5B |
| Automotive | $0.6B | +103% | ~2% | ~$0.7B |
| OEM & Other | $0.1B | — | <1% | ~$0.1B |
Source: NVIDIA Q4 FY2025 earnings press release. Estimates per Wall Street consensus as of May 15, 2025 — subject to change.
Data Center: NVIDIA's Largest and Fastest-Growing Segment
NVIDIA's Data Center segment generated $35.6 billion in revenue in Q4 FY2025 (the quarter ending January 2025), representing approximately 91% of total revenue and 93% growth year-over-year compared to Q4 FY2024. Analysts estimate Data Center revenue of approximately $39.5 billion for Q1 FY2026.
Data Center revenue is driven by sales of AI accelerator GPUs to hyperscalers, the large cloud computing companies including Microsoft (Azure), Google (Google Cloud), Amazon (AWS), and Meta, as well as enterprise AI customers. NVIDIA does not break out AI chip revenue as a separate line item. AI GPU sales from the H100 and H200 (both Hopper-generation products) and the newer Blackwell architecture are the primary drivers of Data Center segment revenue, which is why analysts treat Data Center revenue as a proxy for AI chip demand.
Because Microsoft, Google, Amazon, and Meta all report earnings before NVIDIA, their capital expenditure (capex) guidance, spending on physical infrastructure such as servers, data centers, and networking equipment, provides an advance signal for NVIDIA's Data Center demand. Elevated hyperscaler capex commitments heading into NVIDIA's report are generally viewed as a positive demand signal.
NVIDIA's CUDA platform, the standard software development environment for GPU computing for over 15 years, creates significant switching costs. The vast majority of AI models and frameworks are built on CUDA, making it operationally difficult for customers to migrate to non-NVIDIA hardware. For a deeper analysis of how this moat supports NVIDIA's valuation, see Is NVIDIA a Good Stock to Buy?.
Gaming, Professional Visualization, and Automotive
NVIDIA's Gaming segment, its second-largest by revenue, sells GeForce GPUs for consumer desktop and laptop PCs and generated $2.5 billion in Q4 FY2025. Gaming revenue is seasonally weighted toward Q3 and Q4 of the calendar year due to holiday demand, which means Q1 FY2026 (February through April) tends to be a seasonally softer period for this segment.
NVIDIA's Professional Visualization segment, the smallest of its four segments, sells RTX workstation GPUs and software for professional creative and engineering workloads. The segment commands premium pricing and is margin-accretive, though it is not a material driver of NVIDIA's overall revenue trajectory. NVIDIA's Automotive segment sells DRIVE platform compute systems for autonomous vehicles and advanced driver assistance systems; it generated $0.6 billion in Q4 FY2025, up 103% year-over-year, driven by design win ramps with major automakers.
Key Themes to Watch in NVIDIA's Upcoming Earnings Report
Four themes will dominate analyst attention when Q1 FY2026 results are released:
- Blackwell ramp rate: How much revenue came from Blackwell-based systems versus the prior Hopper generation
- Revenue guidance: What NVIDIA forecasts for Q2 FY2026 versus the current analyst consensus
- Non-GAAP gross margin: Whether Blackwell production costs are compressing or recovering
- China revenue impact: How U.S. export restrictions affected Data Center revenue in the quarter
1. Blackwell GPU Ramp: The #1 Metric Analysts Are Watching
The Blackwell ramp rate is the figure analysts will examine first when NVIDIA's Q1 FY2026 results are released. Blackwell is NVIDIA's current-generation GPU architecture, successor to the Hopper generation (H100 and H200), and hyperscalers have placed orders for Blackwell-based systems including the GB200 NVL72 rack-scale configuration. The pace at which NVIDIA can manufacture and ship these systems directly determines its revenue trajectory. Because NVIDIA operates as a fabless chipmaker relying on TSMC for manufacturing, TSMC's production capacity at advanced process nodes remains the primary production constraint.
In Q4 FY2025 (the quarter ending January 2025), NVIDIA reported Blackwell architecture revenue of approximately $11 billion per management commentary on the Q4 FY2025 earnings call on February 26, 2025. Analysts expect Blackwell to represent an increasing proportion of Data Center revenue in Q1 FY2026, with any upside surprise in Blackwell shipments likely to drive a positive stock reaction. Early Blackwell production ramps carry higher unit costs that temporarily compress non-GAAP gross margin before manufacturing yields improve at scale, connecting Blackwell directly to the margin watch item discussed in the gross margin section above.
NVIDIA does not disclose an exact revenue split between Hopper-generation (H100/H200) and Blackwell GPUs within the Data Center segment, but management commentary on each earnings call provides directional data that analysts use to estimate the contribution.
2. Forward Guidance: Often More Important Than the Results Themselves
Revenue guidance is management's official forecast for the next fiscal quarter's revenue, issued at the conclusion of each earnings call. For NVIDIA, guidance typically takes the form of a specific revenue figure with a stated tolerance range, such as "$45.0 billion, plus or minus 2%."
Guidance often matters more to the stock price than the actual reported results. The market prices future cash flows, not past performance. A strong current-quarter beat can still send the stock lower if the guidance for next quarter falls below what analysts were modeling. Conversely, guidance above the existing consensus signals continued demand momentum and can drive the stock higher even when current results are roughly in line. For Q1 FY2026, NVIDIA guided for revenue of approximately $43.0 billion (±2%) at the Q4 FY2025 earnings call on February 26, 2025. At the time, the Wall Street consensus for Q1 FY2026 was approximately $42.3 billion, meaning the guidance came in above analyst expectations.
For Q2 FY2026 (May through July 2025), analysts currently expect NVIDIA to guide for revenue of approximately $45.5 billion when the Q1 FY2026 earnings call concludes. Whether the actual guidance matches, exceeds, or falls below that figure will be the most market-moving data point of the entire earnings release.
3. Gross Margin Trajectory: Quality of Earnings Signal
Analysts watch NVIDIA's non-GAAP gross margin for confirmation that Blackwell production is scaling efficiently. The watch item for Q1 FY2026 is whether margin holds above 72% or shows further compression as Blackwell ramp volumes increase. A margin recovery signal, non-GAAP gross margin stabilizing or moving back toward 73% to 74%, would be read as confirmation that Blackwell manufacturing yields are improving. Refer to the gross margin row in the Q1 FY2026 estimates table above for the current consensus figure.
4. U.S. Export Controls on AI Chips to China
The U.S. Commerce Department has issued successive rounds of export restrictions limiting NVIDIA's ability to sell its most advanced AI accelerator chips to Chinese customers. The restrictions apply to chips exceeding specific compute capability thresholds and have been updated multiple times, covering the H100 initially, then the H800 (a modified H100), and subsequently Blackwell-architecture products. China was historically a material revenue contributor for NVIDIA's Data Center segment.
In response, NVIDIA developed the H20, a chip designed to comply with current U.S. export licensing requirements for China. The H20 generates lower revenue per unit than the restricted Hopper or Blackwell chips. NVIDIA has cited export control regulations as a material risk factor in its SEC filings, and analysts ask about China revenue on every earnings call. Further tightening of export restrictions represents an ongoing regulatory headwind that investors should monitor. This topic is addressed as a risk factor in the investment considerations section below.
NVIDIA Earnings History: Beat/Miss Track Record and Stock Reactions
Has NVIDIA Beaten Earnings Estimates Consistently?
NVIDIA has beaten Wall Street consensus estimates for non-GAAP EPS in 8 of the past 8 quarters, as of the most recent report dated February 26, 2025. The pattern reflects the sustained demand surge for AI accelerator GPUs that accelerated beginning in early 2023.
| Fiscal Quarter | Report Date | Consensus Rev. Est. ($B) | Actual Revenue ($B) | Revenue Beat/Miss | Consensus Non-GAAP EPS | Actual Non-GAAP EPS | EPS Beat/Miss (%) | NVDA Stock Reaction (1-Day %) |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2025 | Feb 26, 2025 | $38.0B | $39.3B | +3.4% | $0.85 | $0.89 | +4.7% | +3.1% |
| Q3 FY2025 | Nov 20, 2024 | $32.9B | $35.1B | +6.7% | $0.74 | $0.81 | +9.5% | -2.5% |
| Q2 FY2025 | Aug 28, 2024 | $28.6B | $30.0B | +4.9% | $0.65 | $0.68 | +4.6% | +6.3% |
| Q1 FY2025 | May 22, 2024 | $24.4B | $26.0B | +6.6% | $0.52 | $0.61 | +17.3% | +9.3% |
| Q4 FY2024 | Feb 21, 2024 | $20.1B | $22.1B | +9.9% | $4.59 | $5.16 | +12.4% | +16.4% |
| Q3 FY2024 | Nov 21, 2023 | $16.1B | $18.1B | +12.4% | $3.37 | $4.02 | +19.3% | +2.5% |
| Q2 FY2024 | Aug 23, 2023 | $11.1B | $13.5B | +21.6% | $2.09 | $2.70 | +29.2% | -2.5% |
| Q1 FY2024 | May 24, 2023 | $6.5B | $7.2B | +10.8% | $0.92 | $1.09 | +18.5% | +24.4% |
Source: NVIDIA earnings press releases; consensus estimates per FactSet. EPS figures pre-split adjusted where applicable. Stock reactions reflect the closing price change on the next trading day following the earnings release.
NVIDIA has beaten non-GAAP EPS estimates in all eight quarters shown, with beat magnitudes ranging from 4.6% to 29.2%. The largest beats occurred in Q2 FY2024 and Q1 FY2024, when the AI demand surge was first becoming apparent and analyst estimates had not yet caught up to actual demand. Beat magnitudes have moderated as estimates have become more accurate, though NVIDIA continues to beat consistently. The stock reaction is not always positive on a beat: Q3 FY2025 saw the stock fall 2.5% despite a 9.5% EPS beat, as guidance and gross margin data disappointed some investors.
How Has NVDA Stock Moved After Earnings?
Over the past 8 quarters, NVDA stock has moved an average of ±8.3% on the trading day following earnings, with a range of -2.5% to +24.4%. The stock has risen after 6 of the past 8 earnings reports. The two negative reactions occurred in Q3 FY2025 (-2.5%) and Q2 FY2024 (-2.5%), both instances where forward guidance or gross margin data failed to meet elevated market expectations despite headline beats.
As one of the largest companies by market capitalization in the S&P 500 and NASDAQ-100, NVDA's post-earnings moves can influence broad market index returns on earnings day. A 10% move in NVDA, given its index weighting, registers in technology-sector ETFs and broad NASDAQ-based instruments.
Post-earnings stock price data for Q1 FY2026 will be added to the table above within 24 hours of the May 28, 2025 report release. For context on how earnings results feed into NVIDIA's price outlook, see our NVIDIA stock price prediction 2026 analysis and NVIDIA PE ratio valuation guide.
Investment Considerations: Upside Catalysts, Key Risks, and the Implied Move
Upside Catalysts Heading Into NVIDIA Earnings
Investors evaluating NVDA ahead of earnings should consider both the potential upside catalysts and the key risk factors. You can track NVIDIA and other major stock earnings dates on the Bybit Stock Earnings Season calendar, and trade NVIDIA on Bybit to position ahead of the report. This article does not provide investment advice. The following represents an objective summary of the factors analysts are monitoring.
Potential upside catalysts:
- Blackwell demand exceeding supply constraints: If NVIDIA reports that Blackwell shipments accelerated beyond analyst forecasts, it signals that production bottlenecks are clearing and revenue has room to grow further.
- Hyperscaler capex sustaining Data Center demand: Microsoft, Google, Amazon, and Meta have each signaled elevated AI infrastructure spending in their Q1 2025 earnings calls, providing a positive leading indicator for NVIDIA's Data Center revenue.
- Guidance above the Q2 FY2026 consensus: A guidance figure of approximately $46 billion or above for Q2 FY2026 (May through July 2025) would exceed the current analyst consensus and signal continued demand acceleration.
- Non-GAAP gross margin recovery: If non-GAAP gross margin returns toward 73% to 74%, it signals that Blackwell production costs are normalizing, which improves the quality and sustainability of earnings growth.
Key Risks Heading Into NVIDIA Earnings
- U.S. export controls on advanced AI chips to China: Export restrictions limit NVIDIA's ability to sell Blackwell and some Hopper-generation products to Chinese customers. NVIDIA's H20 chip is designed to comply with current restrictions but generates lower revenue per unit, creating a structural revenue headwind versus the pre-restriction era.
- Blackwell production ramp execution risk: Because NVIDIA relies on TSMC for manufacturing, any capacity constraint or yield issue at TSMC's advanced process nodes could delay Blackwell shipments and cause a revenue miss.
- Hyperscaler capex deceleration: If any of the major cloud platforms signals a reduction in AI infrastructure spending in coming quarters, Data Center revenue growth could moderate materially, given that hyperscalers represent the largest share of NVIDIA's Data Center customer base.
- Non-GAAP gross margin compression: Early-stage Blackwell production ramps carry above-normal unit costs. If margin does not recover as expected, it raises questions about the long-term profitability of the Blackwell product cycle.
- AMD competitive inroads in AI accelerators: AMD's MI300X AI accelerator is gaining enterprise traction as the primary alternative to NVIDIA's H100/H200 chips. NVIDIA's CUDA software ecosystem creates strong switching costs, but AMD's competitive position is strengthening and represents a watch item for long-term market share.
NVDA Implied Move: What Options Traders Are Pricing In
The options market prices in an expected post-earnings price move for NVDA stock, known as the implied move. This is the percentage change derived from at-the-money options expiring shortly after the earnings date, calculated by dividing the price of an at-the-money straddle (a call and put at the same strike price) by the current stock price.
As of May 15, 2025, the options market was pricing in an implied move of approximately ±8% for NVDA around the May 28, 2025 earnings date, per options pricing data. This is broadly in line with NVIDIA's historical average realized post-earnings move of ±8.3% over the past 8 quarters shown in the history table above. Traders using the implied move as a reference should note that it represents the market's expectation of magnitude, not direction.
After earnings are released, implied volatility typically collapses regardless of the stock's direction, a dynamic called IV crush. Options holders can see their positions lose value from IV crush even when the stock moves in the expected direction, because the premium paid for elevated pre-earnings volatility evaporates once the uncertainty resolves. Traders who expect a large move but are uncertain of direction sometimes buy a straddle ahead of earnings. However, the elevated implied volatility priced into pre-earnings options means these positions require the stock to move beyond the implied move percentage to generate a net profit after IV crush. See the disclaimer below before making any options-related decisions.
How Does NVIDIA Compare to AMD in AI Chips?
NVIDIA holds an estimated 80%+ share of the AI accelerator market by revenue, according to industry analyst estimates. AMD's MI300X AI accelerator is the primary competitive alternative to NVIDIA's Hopper and Blackwell GPUs in data center deployments and has gained enterprise traction, but AMD's data center GPU revenue remains substantially smaller in absolute terms than NVIDIA's Data Center segment revenue. NVIDIA's CUDA platform, which has been the standard development environment for GPU computing for over 15 years, creates significant switching costs that reinforce its market position. Intel's Gaudi AI accelerator represents a third option in the data center AI chip market, though its current market share remains substantially smaller than both NVIDIA and AMD.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. All estimates referenced are Wall Street analyst consensus figures and are subject to change. Past earnings performance is not indicative of future results. Investors should conduct their own due diligence before making investment decisions.
How to Watch the NVIDIA Earnings Call: Live Webcast, Dial-In, and Replay
Jensen Huang, NVIDIA's co-founder and CEO, personally presents the prepared remarks on each earnings call, followed by a structured Q&A session with Wall Street analysts. The Q&A often contains the most market-moving commentary, as analysts probe management on Blackwell ramp trajectory, China revenue, and forward demand signals.
To access the Q1 FY2026 earnings call on May 28, 2025:
- Live webcast: Visit NVIDIA Investor Relations — Official Earnings Webcasts, Press Releases, and SEC Filings. The live webcast link is posted approximately 30 minutes before the call begins.
- Dial-in: NVIDIA provides a toll-free phone dial-in number each quarter. Check investor.nvidia.com for the specific number and passcode for the Q1 FY2026 call.
- Earnings press release: NVIDIA publishes its earnings press release simultaneously with the start of the call at approximately 4:05 PM ET. The press release is available at investor.nvidia.com and through financial news wire services.
- Replay: A webcast replay is typically posted to investor.nvidia.com within 24 to 48 hours of the live call. The replay is useful for investors who cannot watch live due to time zone differences or work schedules.
- Transcript: Full earnings call transcripts are available on financial platforms including Seeking Alpha, The Motley Fool, and Bloomberg within 24 hours of the call's conclusion.
Frequently Asked Questions About NVIDIA Earnings
When is NVIDIA's next earnings report?
Q1 FY2026 earnings are scheduled for May 28, 2025, after market close. The earnings press release and live webcast begin at approximately 4:05 PM ET. Confirm the latest date and any schedule changes at investor.nvidia.com.
What time does NVIDIA report earnings?
NVIDIA typically releases earnings after market close. The press release and earnings call begin at approximately 4:05 PM ET / 1:05 PM PT / 9:05 PM GMT / 10:05 PM CET. NVIDIA reports after market close, not before market open, and this timing is consistent across reporting quarters.
How much revenue did NVIDIA make last quarter?
In Q4 FY2025 (the quarter ending January 2025), NVIDIA reported total revenue of $39.3 billion, beating the Wall Street consensus estimate of approximately $38.0 billion by roughly 3.4%. Non-GAAP EPS came in at $0.89, beating the consensus estimate of $0.85 by 4.7%.
What is NVIDIA's earnings per share?
NVIDIA reported non-GAAP EPS of $0.89 and GAAP EPS of $0.73 in Q4 FY2025 (the quarter ending January 2025). Non-GAAP EPS excludes stock-based compensation and acquisition-related charges and is the figure most commonly cited in financial headlines and analyst models. The approximately $0.16 difference between the two figures primarily represents employee stock compensation that GAAP requires to be expensed.
How has NVIDIA stock performed after earnings?
Over the past 8 quarters, NVDA stock has moved an average of ±8.3% on the trading day following earnings. The stock has risen after 6 of the past 8 earnings reports. The largest single-day post-earnings gain in that period was +24.4% following the Q1 FY2024 report in May 2023. Past performance is not indicative of future results.
What do analysts expect from NVIDIA this quarter?
For Q1 FY2026 (covering February through April 2025), Wall Street analysts expect NVIDIA to report revenue of approximately $43.2 billion and non-GAAP EPS of approximately $0.89, per consensus estimates as of May 15, 2025. See the full estimates table in the analyst estimates section above for gross margin and GAAP EPS estimates.
What is NVIDIA's data center revenue?
NVIDIA's Data Center segment generated $35.6 billion in revenue in Q4 FY2025 (the quarter ending January 2025), up 93% year-over-year compared to Q4 FY2024. This segment, which includes AI GPU sales to hyperscalers Microsoft, Google, Amazon, and Meta, represents approximately 91% of NVIDIA's total revenue. Analysts estimate Data Center revenue of approximately $39.5 billion for Q1 FY2026.
Does NVIDIA beat earnings every quarter?
NVIDIA has beaten Wall Street consensus non-GAAP EPS estimates in 8 consecutive quarters as of the most recent report dated February 26, 2025. A consensus beat does not guarantee a positive stock reaction, though: the market response also depends on how forward guidance compares to analyst expectations for the next quarter, as demonstrated by the -2.5% stock decline in Q3 FY2025 despite a 9.5% EPS beat.
What is NVIDIA's fiscal year schedule?
NVIDIA's fiscal year ends in late January, not December 31. Its fiscal quarters map to calendar months as follows: Q1 covers February through April, Q2 covers May through July, Q3 covers August through October, and Q4 covers November through January. FY2026 runs from February 2025 through January 2026.
What is NVIDIA's guidance for next quarter?
At the Q4 FY2025 earnings call on February 26, 2025, NVIDIA guided for Q1 FY2026 revenue of approximately $43.0 billion (±2%). Analysts are currently forecasting that NVIDIA will guide for Q2 FY2026 revenue of approximately $45.5 billion when the Q1 FY2026 call concludes on May 28, 2025. This guidance figure, not the reported results, is expected to be the most market-moving data point of the report.
What business segments does NVIDIA report?
NVIDIA reports four business segments: Data Center (its largest, driven by AI GPU sales to hyperscalers and enterprise customers), Gaming (consumer GeForce GPUs for desktop and laptop PCs), Professional Visualization (RTX workstation GPUs for professional creative and engineering work), and Automotive (DRIVE platform systems for autonomous vehicles and driver assistance). An OEM & Other category captures additional smaller revenue streams.
Where can I watch the NVIDIA earnings call?
The live earnings call webcast is available at investor.nvidia.com, where NVIDIA posts the webcast link approximately 30 minutes before the call begins on May 28, 2025. A replay and full transcript are typically posted within 24 to 48 hours of the live call. Transcripts are also available through Seeking Alpha, Bloomberg, and The Motley Fool shortly after the call concludes.