Nvidia’s Latest Earnings Report Reveals Stunning Financial Figure
Nvidia continues to shine as a leader in the artificial intelligence (AI) sector, reporting impressive earnings for the third quarter of fiscal 2026. On November 19, the technology giant saw its stock rise by 6.5% in after-hours trading following the announcement of its financial results.
Nvidia’s Remarkable Financial Performance
The key highlight of Nvidia’s earnings report was its notable revenue growth. The company generated $21.92 billion in revenue, representing a significant increase from the same quarter last year. Meanwhile, the cost of revenue increased modestly by $6.23 billion, and operating expenses rose by just $1.17 billion.
This means Nvidia effectively converted a large portion of its revenue growth into operating income. Impressively, Nvidia’s operating margin improved compared to the same quarter in fiscal 2025, showcasing its ability to maintain profitability despite rising competition.
Stunning Profits and Net Income
The company’s after-tax net income reached a remarkable $31.91 billion, which translates to 56% of its revenue. This performance positions Nvidia to potentially surpass Alphabet as the most profitable U.S. company within the year. If trends continue, it could even claim the title of the most profitable company globally.
Key Financial Metrics
| Metric | Value |
|---|---|
| Current Price | $182.58 |
| Market Cap | $4,347 Billion |
| Day’s Range | $176.50 – $183.12 |
| 52-Week Range | $86.62 – $212.19 |
| Volume | 3.1 Million |
| Average Volume | 192 Million |
| Gross Margin | 70.05% |
| Dividend Yield | 0.02% |
Future Outlook and Investment Opportunities
Despite its stellar performance, Nvidia faces certain risks. The company’s growth largely hinges on its key customers, particularly hyperscalers, who must continue to invest in AI and cloud computing effectively. If these customers fail, Nvidia could experience significant challenges.
However, Nvidia’s financial resilience is noteworthy. With $60.61 billion in cash and marketable securities on its balance sheet against only $7.47 billion in long-term debt, the company is well-equipped to navigate potential economic slowdowns.
A Solid Buy for Long-Term Investors
As a dominant force in data center computing and networking, Nvidia is a top choice for investors who expect a sustained increase in AI capital expenditures. Unlike many other stocks in the market, Nvidia’s impressive fundamentals support its valuation. For long-term investors, Nvidia remains a buy amid the tech industry’s evolving landscape.
