SANTA CLARA, Calif. — November 19, 2025 — Leads & Copy — NVIDIA (NASDAQ: NVDA) reported record revenue for the third quarter ended October 26, 2025, reaching $57.0 billion, a 22% increase from the previous quarter and a 62% surge year-over-year.
The company’s GAAP and non-GAAP gross margins for the quarter were 73.4% and 73.6%, respectively, while GAAP and non-GAAP earnings per diluted share both hit $1.30.
Founder and CEO of NVIDIA, Jensen Huang, noted that Blackwell sales are exceeding expectations and cloud GPUs are sold out. According to Huang, compute demand is continuously accelerating across both training and inference, which are each growing exponentially, leading NVIDIA to enter what he terms “the virtuous cycle of AI.” Huang added that the AI ecosystem is rapidly scaling with new foundation model makers and AI startups emerging across numerous industries and countries as AI expands into diverse applications.
Over the first nine months of fiscal 2026, NVIDIA has returned $37.0 billion to its shareholders through share repurchases and cash dividends. At the close of the third quarter, the company’s remaining share repurchase authorization totaled $62.2 billion.
NVIDIA plans to distribute its subsequent quarterly cash dividend of $0.01 per share on December 26, 2025, to shareholders of record as of December 4, 2025.
Other key highlights from NVIDIA’s Q3 fiscal 2026 include:
* Data Center revenue reached a record $51.2 billion, marking a 25% increase from the previous quarter and a 66% rise year-over-year.
* NVIDIA Blackwell achieved top performance and efficiency in SemiAnalysis InferenceMAX benchmarks, providing 10x the throughput per megawatt compared to prior generations.
* A new strategic partnership with OpenAI will deploy at least 10 gigawatts of NVIDIA systems for OpenAI’s next-generation AI infrastructure.
* Collaborations with industry leaders including Google Cloud, Microsoft, Oracle, and xAI are underway to establish America’s AI infrastructure using hundreds of thousands of NVIDIA GPUs.
* Anthropic will utilize NVIDIA infrastructure, initially adopting 1 gigawatt of compute capacity with NVIDIA Grace Blackwell and Vera Rubin systems.
* A collaboration with Intel will focus on developing custom data center and PC products featuring NVIDIA NVLink.
* Seven new supercomputers are set to be accelerated, including the U.S. Department of Energy’s largest AI supercomputer, Solstice, with 100,000 NVIDIA Blackwell GPUs, and Equinox, featuring 10,000 NVIDIA Blackwell GPUs, in partnership with Oracle.
* The first NVIDIA Blackwell wafer was produced on U.S. soil at TSMC’s Arizona facility.
* NVIDIA Rubin CPX, a new GPU class designed for massive-context processing, was unveiled.
* NVIDIA NVQLink™, an open system architecture, will couple NVIDIA GPU computing with quantum processors, adopted by numerous supercomputing centers globally.
* Arm will extend its Neoverse platform with NVIDIA NVLink Fusion™ to boost AI data center adoption.
* Meta, Microsoft, and Oracle will enhance their AI data center networks with NVIDIA Spectrum-X™ Ethernet networking switches.
* NVIDIA Omniverse™ DSX, an open blueprint for designing and operating gigawatt-scale AI factories, was introduced.
* NVIDIA BlueField-4, the processor for AI factories, was launched, with adoption by CoreWeave, Dell Technologies, Oracle Cloud Infrastructure, Palo Alto Networks, Red Hat, and VAST Data.
* Nokia partnered with NVIDIA to integrate AI-RAN products into Nokia’s RAN portfolio for AI-native 5G-Advanced and 6G networks.
* An all-American AI-RAN stack was unveiled to accelerate the transition to 6G with partners including Booz Allen, Cisco, MITRE, ODC, and T-Mobile.
* Palantir Technologies will integrate a technology stack for operational AI in collaboration with NVIDIA.
* MLPerf Inference v5.1 benchmarks saw records set by NVIDIA Blackwell Ultra, and NVIDIA won every MLPerf Training v5.1 benchmark.
* NVIDIA is collaborating with CoreWeave, Microsoft, and Nscale to develop the U.K.’s next generation of AI infrastructure, with an investment of £2 billion in the U.K. market.
* The world’s first Industrial AI Cloud was launched with Deutsche Telekom to advance Germany’s industrial transformation.
* A collaboration with the South Korea government and industrial leaders will expand the nation’s AI infrastructure with over a quarter-million NVIDIA GPUs.
Colette Kress, NVIDIA’s executive vice president and chief financial officer, provided commentary on the quarter, available at https://investor.nvidia.com.
Contact:
Toshiya Hari
Investor Relations
NVIDIA Corporation
toshiyah@nvidia.com
Mylene Mangalindan
Corporate Communications
NVIDIA Corporation
mmangalindan@nvidia.com
Source: NVIDIA
