Today, NVIDIA reported revenue for the second quarter ended July 26, 2026, of $96.2 billion, up 18% from the previous quarter and up 106% from a year ago. For the quarter, GAAP and non-GAAP gross margins were both 75.0%. GAAP and non-GAAP earnings per diluted share were $2.46 and $2.22, respectively.
🔹 Revenue $96.2B (Est. $92.2B) 🟢. +106% YoY
🔹 Adj. EPS $2.22 (Est. $2.10) 🟢. +120% YoY
🔹 Data Center $89.0B (Est. $85.8B) 🟢. +117% YoY
🔹 Adj Gross Margin 75.0% (Est. 75%) 🟡. +250 bps YoY
Q3 Guide
🔹 Revenue $108.0B +/- 2% (Est. $104.2B) 🟢
🔹 Adj Gross Margin 74.0% +/- 50 bps
🔹 Adj OpEx ~$9.0B
Segment Revenue
🔹 Data Center: $89.0B. +117% YoY
🔹 Edge Computing: $7.2B. +27% YoY
Financials:
🔹 Adj Operating Income: $64.0B. +124% YoY
🔹 Adj OpEx: $8.2B. +54% YoY
🔹 Adj Net Income: $54.0B. +118% YoY
🔹 Free Cash Flow: $21.3B
🔹 Cash & Cash Equivalents: $22.4B
🔹 Short-Term Debt: $1.0B
🔹 Long-Term Debt: $32.4B
NVIDIA Vera Rubin platform is ramping into full production with racks running at partners including CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure and Nebius.
Revealed that NVIDIA Spectrum™-6 switch systems — supporting both pluggable and co-packaged optics as part of the NVIDIA Vera Rubin platform — are arriving across the world’s gigascale AI factories.
Unveiled NVIDIA Vera, the first CPU built for AI agents, with broad adoption planned across the world’s leading technology providers.
Announced that NVIDIA Groq 3 LPX, the interactive AI inference accelerator, is now in full production.
Strategic partnerships to establish independent compute financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion of third-party capital for the buildout of AI infrastructure over time, subject to definitive agreements.
Announced that SpaceXAI will deploy NVIDIA Vera CPUs to accelerate its next generation of agentic AI applications.
Secured land, power and shell capacity through a partnership with SB Energy at the PORTS-Pike Technology Campus in Ohio to host NVIDIA compute.
Announced a multiyear technology partnership with SK hynix to advance next-generation memory for the global AI factory buildout.
Edge Computing
Second-quarter Edge Computing revenue was $7.2 billion, up 13% from the previous quarter and up 27% from a year ago.
Partnered with Microsoft to reinvent the Windows PC with NVIDIA RTX Spark™ — a 1-petaflop superchip with the full CUDA™ and NVIDIA RTX™ ecosystem.
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