NVIDIA reported record financial results for the fourth quarter and fiscal year 2026, with revenue reaching $68.1 billion for the quarter ended January 25, 2026—a 20% increase from the prior quarter and a 73% year-over-year rise. Full-year revenue for fiscal 2026 totaled $215.9 billion, up 65% compared to the previous year. Gross margins were strong, with GAAP and non-GAAP margins at 75.0% and 75.2% for the quarter, respectively. For the full fiscal year, GAAP and non-GAAP gross margins were 71.1% and 71.3%, reflecting a slight decline due to increased scale and investment. Net income for the quarter was $42.96 billion, or $1.76 per diluted share on a GAAP basis, and $39.55 billion, or $1.62 per share, on a non-GAAP basis. For the year, GAAP earnings per share were $4.90, and non-GAAP earnings per share were $4.77. Jensen Huang, NVIDIA’s founder and CEO, highlighted the arrival of the agentic AI inflection point, praising the Grace Blackwell platform for delivering an order-of-magnitude improvement in inference efficiency and introducing Vera Rubin, which promises up to a 10x reduction in inference cost compared to Blackwell. He emphasized growing enterprise adoption of AI agents and the surge in demand for AI compute infrastructure. NVIDIA returned $41.1 billion to shareholders in fiscal 2026 through share repurchases and dividends. As of the end of the quarter, $58.5 billion remained under its share repurchase authorization. The company will pay a quarterly cash dividend of $0.01 per share on April 1, 2026, to shareholders of record as of March 11, 2026. Data Center revenue reached a record $62.3 billion in the quarter, up 22% from the prior quarter and 75% year-over-year, driven by demand for accelerated computing and AI platforms. Full-year Data Center revenue rose 68% to $193.7 billion. NVIDIA unveiled the Vera Rubin platform, comprising six new chips, and announced partnerships with major cloud providers including AWS, Google Cloud, Microsoft Azure, and Oracle Cloud Infrastructure to deploy Rubin-based systems. The company also expanded its strategic alliance with Meta, including the deployment of millions of Blackwell and Rubin GPUs, as well as NVIDIA CPUs and networking solutions. NVIDIA Blackwell Ultra demonstrated up to 50x better performance and 35x lower cost for agentic AI compared to the Hopper platform, according to benchmark results from SemiAnalysis. NVIDIA introduced the Nemotron 3 family of open models and tools for agentic AI, physical AI, and autonomous vehicles. It announced a deep technology partnership with Anthropic to scale the Claude model on Microsoft Azure using NVIDIA systems. The company also entered into a licensing agreement with Groq to accelerate AI inference at scale and strengthened its collaboration with CoreWeave to build over 5 gigawatts of AI infrastructure by 2030. In automotive and robotics, fourth-quarter revenue was $604 million, up 2% from the prior quarter and 6% year-over-year. Full-year revenue rose 39% to $2.3 billion. NVIDIA unveiled the Alpamayo family of open AI models and tools for autonomous vehicle development and partnered with Mercedes-Benz on the new CLA model with enhanced level 2 driver assistance powered by NVIDIA DRIVE AV. The DRIVE Hyperion ecosystem expanded to include major suppliers and sensor partners. NVIDIA also launched new open models for physical AI, including Cosmos and Isaac GR00T, and strengthened partnerships with Siemens and Dassault Systèmes to build industrial AI platforms. The company joined the U.S. Department of Energy’s Genesis Mission and launched the Earth-2 family of open AI weather models. In India, global systems integrators Infosys, Persistent, Tech Mahindra, and Wipro are building enterprise agents using NVIDIA AI. For fiscal 2027, NVIDIA will begin including stock-based compensation in its non-GAAP financial measures. The company expects GAAP and non-GAAP tax rates between 17.0% and 19.0% for the year, excluding discrete items. The outlook reflects continued momentum in AI infrastructure, data center growth, and expanding partnerships across industries.