TLDR
- Nvidia posts $68.1B quarterly revenue, above $65.9B estimate
- EPS of $1.62 beats consensus forecast of $1.53
- Data center revenue reaches $62.3B, topping expectations
- Stock rises 3% after hours and briefly crosses $200
Nvidia shares rose in after-hours trading after the company reported earnings that beat Wall Street estimates. The stock briefly crossed $200 before pulling back as traders booked gains.
The results came as investors closely watched AI demand trends. Nvidia earnings recap shows the stock rises after earnings blow past Wall Street estimates, easing concerns around slowing AI spending.
Revenue and Profit Beat Expectations
Nvidia reported quarterly revenue of $68.13 billion. This figure exceeded analyst estimates of $65.91 billion. Revenue increased sharply from the same period last year.
Adjusted earnings per share came in at $1.62. Analysts had expected $1.53 per share. The company’s net income also rose, supported by continued demand for AI chips.
Chipmaker Nvidia posted better-than-expected results for the January quarter and forecast current-quarter revenue above market estimates, betting on Big Tech's unabated spending on its artificial-intelligence processors https://t.co/BGUfb4VWnl pic.twitter.com/U5WMVNVSd1
— Reuters (@Reuters) February 26, 2026
The data center segment remained the main growth driver. Revenue from this unit reached $62.3 billion. Analysts had projected $60.36 billion for the segment.
Cloud providers and enterprise customers continued to invest in AI infrastructure. Governments also expanded AI projects, which supported hardware orders.
Stock Reaction and Market Response
Nvidia shares gained about 3% in after-hours trading following the earnings release. The stock briefly crossed the $200 mark before retreating toward the mid-$190 range.
The pullback came as some investors locked in profits. Expectations had been high ahead of the report. The stock has delivered strong gains over the past two years.
Investors have been cautious due to volatility in AI-related stocks. A recent viral research note outlined a bearish scenario for the AI sector. This added pressure across technology shares.
Michael Landsberg of Landsberg Bennett Private Wealth Management said Nvidia is viewed as a bellwether. He told CNBC the company could help “straighten the ship” for markets.
Outlook Signals Continued AI Spending
Nvidia projected first-quarter revenue between $76.44 billion and $79.56 billion. This range exceeded the analyst estimate of $72.78 billion.
CEO Jensen Huang said, “Enterprise adoption of agents is skyrocketing.” He added that customers are racing to invest in AI compute capacity.
Huang said AI has reached an inflection point. He noted that inference workloads now generate revenue for customers.
CFO Colette Kress said Nvidia shipped its first Vera Rubin samples earlier this week. Investors are monitoring the production ramp of the Rubin platform.
Anthony Saglimbene of Ameriprise said execution on next-generation platforms is critical. He said deployment schedules and lead times must remain manageable.
China, Partnerships, and GTC Focus
Nvidia said it has not yet generated revenue from its H-200 chips in China. The company continues to face export restrictions and regulatory uncertainty.
Recent reports stated that a Chinese AI lab trained a model using Blackwell chips. The situation adds attention to Nvidia’s China strategy.
Huang said talks with OpenAI on a partnership agreement are close to completion. He also commented on space-based data centers. He said the economics are poor today but may improve.
Attention now shifts to Nvidia’s upcoming GPU Technology Conference in March. Huang is expected to deliver a keynote and present new updates.
The latest results show AI infrastructure spending remains strong. Nvidia continues to capture much of that demand as customers expand compute capacity.
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