U.S. graphics processor maker Nvidia Corp. ‘s net income nearly doubled in the fourth quarter of its fiscal year 2026 and recorded record earnings in its history.
According to a company press release, net income for the quarter ended 25 January was $43 billion, or $1.76 per share, compared to $22.1 billion, or $0.89 per share, for the comparable period of the previous fiscal year.
Revenue climbed to a record $68.1 billion from $39.3 billion a year earlier. In particular, revenues in the data centre segment were $62.3bn, now accounting for 91.4% of total revenue.
Analysts surveyed by FactSet on average forecasted net profit of $37.5bn with revenues of $66.1bn.
Nvidia’s gross profit margin was 75% compared to 73% a year earlier.
Last fiscal year, the company increased net income and revenue by 65% to $120.1bn and $215.9bn respectively.
During the last fiscal year, the company returned $41.1bn to shareholders in the form of dividends and share repurchases.
The next dividend of 1 cent per share will be paid on 1 April. The closing of the shareholder register is scheduled for 11 March.
Nvidia expects revenue of about $78 billion in its fiscal first quarter, with a market forecast of $72 billion. The forecast for gross margin is 75%.
Nvidia stock prices in additional trading on Wednesday rose only 0.2% after the publication of the reports. Over the past 12 months, the company’s capitalisation has risen 63% to $4.75 trillion. Nvidia remains the world’s most valuable company.
“Investors are no longer satisfied with just good quarterly reporting from Nvidia,” said Daniel Newman, head of consulting firm Futurum Group. – The reporting has to be perfect.