Overview
- Nvidia reported Q4 FY2026 revenue of $68.13 billion, with Data Center networking up 263% to $10.98 billion on NVLink fabric ramp.
- Nvidia guided Q1 FY2027 revenue to about $78.0 billion, excluding Data Center compute revenue from China, and said it sees roughly $1 trillion in Blackwell and Vera Rubin orders through 2027 from major partners.
- For fiscal 2026, Nvidia posted $215.9 billion in revenue, including $193.7 billion from Data Center, and achieved a GAAP gross margin of 71.1%.
- Broadcom generated $63.9 billion in fiscal 2025 revenue split between $36.9 billion in semiconductor solutions and $27.0 billion in infrastructure software, with AI semiconductor revenue up 74% year over year in Q4.
- Broadcom management projected $8.2 billion in AI semiconductor revenue for fiscal Q1 2026, delivered operating cash flow of about $27.5 billion and free cash flow near $26.9 billion, and holds a Moderate Buy consensus versus Nvidia’s Buy rating on MarketBeat.