Nvidia Earnings Report: Record Q3 FY26 Drives nvidia stock and nvda stock Momentum
Bookmark the date—November 19, 2025—when Nvidia released its much-anticipated third‐quarter results for fiscal year 2026, shaking up the market and fueling strong gains in nvidia stock (NVDA). The company not only beat expectations, but also raised the bar for the entire AI hardware sector.
Q3 FY26 Snapshot: What the Nvidia Earnings Report Revealed
Nvidia reported revenue of $57.0 billion, up 22 % quarter-on-quarter and 62 % year-on-year.
Data-center revenue alone hit $51.2 billion, up 25 % from the prior quarter and 66 % from a year ago.
GAAP diluted earnings per share (EPS) came in at $1.30, exceeding analyst expectations.
Gross margins held strong: 73.4 % GAAP for the quarter.
Outlook: For Q4 FY26 Nvidia guided revenue of approximately $65 billion ±2 %, with non-GAAP margins of about 75 %.
Why the Nvidia Stock Move Matters for Investors
AI Demand & Infrastructure
Investors watching nvidia stock see this earnings report as more than just a single quarter—it confirms Nvidia’s leadership in the AI infrastructure boom. CEO Jensen Huang noted that “Blackwell sales are off the charts, and cloud GPUs are sold out.”
Market Sentiment & Index Weighting
NVDA carries a massive weighting in tech-heavy indexes, so its performance influences not just the chip sector but broad market sentiment. A strong result reassures investors about the health of the AI trade.
Stock and Valuation Implications
With NVDA beating both top-line and EPS estimates, the spotlight now turns to valuation and sustainability. Analysts will dig into how much of this growth is organic vs. AI hype. Any falter could weigh on nvidia stock despite strong fundamentals.
Key Takeaways From the Earnings Call & Forward View
Nvidia continues to dominate the data-center space, making up nearly 90 % of its major growth engine.
The guidance for Q4 sounds aggressive, which could result in heightened volatility in nvda stock if execution slips.
Investors also should watch inventory levels, supply-chain constraints, and how the company manages its hefty buy-back authorization (currently ~$62.2 billion remaining).
For the trading community, the narrative around nvidia stock has now broadened from gaming/PC to “AI-infrastructure backbone,” which may attract institutional flows.
