The technology giant Nvidia released its report for the third quarter of fiscal year 2026. The results were higher than expected, which is a direct consequence of the continuous demand for computing power for artificial intelligence.
The company released its results for the third quarter of fiscal year 2026. Total revenue reached $57.01 B, above the $55.19 B forecast, with annual growth of 62%. Adjusted earnings per share rose to $1.30, increasing by 60% compared to last year.
AI Infrastructure Hits Record Highs
The data center segment remained the key growth driver. It generated $51.2 B in revenue, ahead of the $49.34 B consensus, with a 66% annual increase.
Management noted that the Blackwell platform delivers record performance with tenfold throughput and is already seeing strong demand.
The company expects fourth quarter revenue of $65.0 B, above the market estimate of $61.98 B. Nvidia also projects an adjusted gross margin of about 75.0%.
Adjusted net income totaled $31.77 B, up 59% year over year. Free cash flow reached $22.09 B with a 32% increase.
Over the first nine months of fiscal year 2026, Nvidia returned $37.0 B to shareholders through dividends and buybacks. The company ended the quarter with a remaining $62.2 B buyback authorization.
"The demand for compute in training and inference continues to accelerate, with each growing exponentially. We are seeing a positive spiral of AI development," the Nvidia team commented.
The upbeat forecast strengthened investor sentiment across most market segments.
