NVIDIA Posts 65% Increase in EPS in Q3, Share Price Surges
Nvidia NASDAQ: NVDA) earned $31.9 billion, or $1.30 per share, a 65% increase from the same time last year, while revenue climbed 62% to $57 billion. Analysts polled by Fact Set Research had forecast earnings of $1.26 per share on revenue of $54.9 billion.
Sales hit a record $57 billion in Q3 as demand for the company’s advanced AI data centre chips continued to surge, up 62% from the year-earlier quarter and exceeding consensus estimates.
The majority of the company’s earnings came from data center sales, which came in at $51.2 billion, above expectations of $49 billion.
For Q4, NVIDIA is targeting $65.0 billion, plus or minus 2%.
The company increased its guidance for the current quarter, estimating that sales will reach $65 billion, significant higher than $62.1 billion analysts’ projection for the quarter.
“Blackwell sales are off the charts, and cloud GPUs are sold out,” said Jensen Huang, founder and CEO of NVIDIA. “Compute demand keeps accelerating and compounding across training and inference — each growing exponentially.
“We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast — with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once.”
During the first nine months of fiscal 2026, NVIDIA returned $37.0 billion to shareholders in the form of shares repurchased and cash dividends.
As of the end of the third quarter, the company had $62.2 billion remaining under its share repurchase authorization. NVIDIA will pay its next quarterly cash dividend of $0.01 per share on December 26, 2025, to all shareholders of record on December 4, 2025.
The company’s stock price gained more than 5% in Wednesday’s extended trading after the numbers came out.
If the shares trade similarly Thursday, it could result in a one-day gain of about $250 billion in stockholder wealth.
Last month, Nvidia became the first public company to reach a market capitalization of $5 trillion amidst AI bubble jittery.
Nvidia Earnings Confirm AI’s Dominance as Markets Sit at Record Highs
