NVIDIA - STERKE TALL

Nvidia +1.2% rn forecast revenue for the first quarter; the guidance beat the average analyst estimate.

FIRST QUARTER FORECAST

• Sees revenue $76.44 billion to $79.56 billion, estimate $72.78 billion (Bloomberg Consensus)

FOURTH QUARTER RESULTS

• Revenue $68.13 billion, +73% y/y, estimate $65.91 billion

  • Data center revenue $62.3 billion, +75% y/y, estimate $60.36 billion

  • Gaming revenue $3.7 billion, +48% y/y, estimate $4.01 billion

  • Professional Visualization revenue $1.3 billion vs. $511 million y/y, estimate $770.7 million

  • Automotive revenue $604 million, +6% y/y, estimate $643.2 million

• Adjusted gross margin 75.2%

• Adjusted operating expenses $5.10 billion, +51% y/y, estimate $4.96 billion

• Adjusted operating income $46.11 billion, +81% y/y, estimate $44.56 billion

• R&D expenses $5.51 billion, +48% y/y, estimate $5.38 billion

• Adjusted EPS $1.62

• Free cash flow $34.90 billion vs. $15.52 billion y/y

COMMENTARY AND CONTEXT

For the full year fiscal 2027, GAAP and non-GAAP tax rates are expected to be between 17.0% and 19.0%, excluding any discrete items and material changes to NVIDIA's tax environment