Nvidia has reported record-breaking financial results for its fiscal year 2026, with annual revenue reaching $215.938 billion—the highest in the company’s history. This marks a 65% increase from the previous year’s $130.497 billion. In its fourth quarter, which ended January 31, 2026, Nvidia posted $68.127 billion in revenue, a 20% sequential rise and a 73% year-over-year jump. Net income surged to $42.96 billion, up 94% year-over-year, with gross margins exceeding 75%. The overwhelming driver behind this growth was the data center segment, which generated $62.314 billion in Q4 FY2026—up 75% year-over-year and 22% sequentially. This includes $51.334 billion from CPUs and GPUs and $10.98 billion from networking hardware, a 263% year-over-year increase. For the full fiscal year, data center revenue reached $193.737 billion, up 68% compared to the prior year. CEO Jensen Huang highlighted the accelerating shift toward agentic AI, stating, “Computing demand is growing exponentially — the agentic AI inflection point has arrived.” He emphasized the performance leadership of the Grace Blackwell platform with NVLink, which delivers a significant reduction in cost per token, and previewed the upcoming Vera Rubin architecture as a next-generation advancement. Meanwhile, Nvidia’s gaming GPU business, while still growing, saw a 13% sequential decline in Q4, which the company attributes to seasonal trends. Gaming GPU sales totaled $3.727 billion in the quarter, up 47% year-over-year. For the full year, gaming hardware revenue reached $16.042 billion, representing 11.45% of total annual revenue. Professional visualization (ProViz) sales reached $3.191 billion, up 70% year-over-year, and sales of low-cost GPUs to OEMs hit $619 million, up 59% year-over-year. Despite strong year-over-year growth, Nvidia warned that supply constraints for gaming hardware will persist through the first half of fiscal 2027. This could lead to year-over-year declines in GeForce product sales during Q1 and Q2 FY2027. “As much as we would love to have more supply, we do believe for a couple of quarters it is going to be very tight,” Huang said. He added that improvements later in the year could open up growth opportunities, though it remains too early to forecast. The automotive division reported $604 million in Q4 FY2026, flat year-over-year, and $2.349 billion for the full year—up 39% from FY2025. Looking ahead, Nvidia forecasts Q1 FY2027 revenue of $78 billion, plus or minus 2%, excluding any potential data center GPU sales to China. The company expects a gross margin of 74.9% and anticipates continued demand for its Blackwell and Blackwell Ultra platforms in Western markets.