Exceeding expectations… Nvidia’s revenues jump 65% to $216 billion
Nvidia, the giant company for manufacturing artificial intelligence chips, announced on Thursday morning that it had achieved record revenues for the fourth quarter ending January 25, 2026, amounting to $68.1 billion, an increase of 20% over the previous quarter and 73% over last year.
For the fiscal year 2026, revenues reached $215.9 billion, an increase of 65% over last year. Earnings per share amounted to $1.76, compared to analysts’ expectations of $1.62.
The main increase came in Revenuefrom the data center segment, which contributed $193.7 billion in annual revenue, up 68% year-on-year, driven by demand for AI chips.
Jensen Huang, founder and CEO of the company, said: "The demand for computing is growing exponentially, and we have reached a critical turning point in the field of agent-based AI."
He added that "Enterprise building of agents is growing rapidly, as our customers race to invest in Artificial Intelligence, which constitutes the basic foundation of the industrial revolution in the field of artificial intelligence and their future growth."
During fiscal year 2026, Nvidia returned $41.1 billion to shareholders in the form of repurchased shares and cash dividends.
At the end of the fourth quarter, the company’s retained earnings balance reached $58.5 billion, as part of the stock buyback program.
This strong performance by Nvidia comes amid unprecedented spending from Giant technology companies such as Alphabet, Microsoft, Amazon, and Meta, which are heading to pump $630 billion during 2026, mostly for data centers and processors, in a global race to develop artificial intelligence technologies.
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