Nvidia, the world’s largest publicly traded company, has reported a 94% leap in net income for the fourth quarter of the 2026 financial year (Q4 FY26).
The artificial intelligence (AI) giant said net income rose to US$42.96 billion in the quarter ending 25 January 2026 from $22.091 billion in the previous corresponding period.
Diluted earnings per share (EPS) surged 98% to $1.76, with revenue climbing 73% to a quarterly record of $68.127 billion.
According to LSEG estimates, markets were expecting diluted EPS of $1.53 on revenue of $66.21 billion.
Data centre revenue in Q4 rose 75% to a record $62.3 billion for the company that makes high-performance graphics processing units (GPUs) used for powering and training AI models like Chat GPT.
The record Q4 revenue from data centres was driven by the major platform shifts like accelerated computing and AI.
For the FY26 year, net income rose 65% to $120.067 billion and diluted EPS jumped 67% to $4.90 on revenue which increased 65% to $215.938 billion.
Nvidia also forecast Q1 FY27 revenue above market estimates at $78 billion, plus or minus 2%, compared with analysts' average estimate of $72 .60 billion, according to data compiled by LSEG.
Founder and Chief Executive Officer Jensen Huang said he believed AI use was becoming mainstream as people used it more than ever.
“Computing demand is growing exponentially — the agentic AI inflection point has arrived,” Huang said in a news release.
He said Nvidia’s Grace Blackwell GPU was the fastest and cheapest way to run AI models while its next GPU, Vera Rubin, would make it faster and more cheaply.
“Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth,” he said.
Nvidia shares closed $2.77 (1.44%) higher at $195.62, capitalising the company at $4.77 trillion, and gained 0.7% to $196.79 in after-hours trade.
