Next quarter sales outlook
The outlook will show whether customer spending can sustain Nvidia's growth.
NVIDIA reports its Q3 FY2027 results on 17 November 2026, after the market closes. Analysts expect earnings per share of 2.47 USD and revenue of 108.80B USD.
In Q2 FY2027, reported on 26 August 2026, NVIDIA earned 2.22 USD a share against the 2.09 USD analysts expected (+6.2%), on revenue of 96.22B USD against 92.27B USD (+4.3%).
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth | Next-day move |
|---|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2028 | 3.65 | — | — | +64.31% | 162.69B | — | — | +69.08% | — | |
| Q1 FY2028 | 3.18 | — | — | +69.83% | 142.88B | — | — | +75.06% | — | |
| Q4 FY2027 | 2.74 | — | — | +68.87% | 124.46B | — | — | +82.69% | — | |
| Q3 FY2027 | 2.47 | — | — | +90.00% | 108.80B | — | — | +90.86% | — | |
| Q2 FY2027 | 2.09 | 2.22 | +6.22% | +111.43% | 92.27B | 96.22B | +4.28% | +105.85% | +8.5% | |
| Q1 FY2027 | 1.76 | 1.87 | +6.25% | +130.86% | 78.42B | 81.62B | +4.07% | +85.23% | -1.7% | |
| Q4 FY2026 | 1.54 | 1.62 | +5.19% | +82.02% | 66.13B | 68.13B | +3.03% | +73.21% | -5.5% | |
| Q3 FY2026 | 1.26 | 1.30 | +3.17% | +60.49% | 54.96B | 57.01B | +3.72% | +62.41% | -3.1% | |
| Q2 FY2026 | 1.01 | 1.05 | +3.96% | +54.41% | 46.05B | 46.74B | +1.51% | +55.60% | -0.8% | |
| Q1 FY2026 | 0.74 | 0.81 | +9.91% | +32.79% | 43.33B | 44.06B | +1.68% | +69.18% | +3.2% | |
| Q4 FY2025 | 0.85 | 0.89 | +4.95% | +71.15% | 38.10B | 39.33B | +3.23% | +77.94% | -8.7% | |
| Q3 FY2025 | 0.75 | 0.81 | +8.00% | +102.50% | 33.17B | 35.10B | +5.81% | +93.71% | +0.5% | |
| Q2 FY2025 | 0.65 | 0.68 | +5.43% | +151.85% | 28.78B | 30.04B | +4.38% | +122.40% | -6.4% | |
| Q1 FY2025 | 0.56 | 0.61 | +8.93% | +454.55% | 24.59B | 26.04B | +5.90% | +262.12% | +9.3% | |
| Q4 FY2024 | 0.46 | 0.52 | +13.04% | +477.78% | 20.24B | 22.10B | +9.21% | +265.28% | +16.3% | |
| Q3 FY2024 | 0.34 | 0.40 | +17.65% | +566.67% | 16.29B | 18.12B | +11.21% | +205.51% | -2.6% | |
| Q2 FY2024 | 0.21 | 0.27 | +28.57% | +440.00% | 11.22B | 13.51B | +20.34% | +101.48% | +0.1% | |
| Q1 FY2024 | 0.09 | 0.11 | +22.22% | -21.43% | 6.52B | 7.19B | +10.36% | -13.22% | +24.4% | |
| Q4 FY2023 | 0.08 | 0.09 | +12.50% | -30.77% | 6.01B | 6.05B | +0.71% | -20.83% | +13.9% | |
| Q3 FY2023 | 0.07 | 0.06 | -14.29% | -50.00% | 5.78B | 5.93B | +2.60% | -16.50% | -1.6% | |
| Q2 FY2023 | 0.06 | 0.05 | -16.67% | -50.00% | 6.70B | 6.70B | +0.07% | +3.03% | +4.1% | |
| Q1 FY2023 | 0.13 | 0.14 | +7.69% | +55.56% | 8.12B | 8.29B | +2.03% | +46.41% | +5.2% | |
| Q4 FY2022 | 0.12 | 0.13 | +8.33% | +62.50% | 7.42B | 7.64B | +3.00% | +52.77% | -7.5% | |
| Q3 FY2022 | 0.11 | 0.12 | +9.09% | +71.43% | 7.41B | 7.10B | -4.19% | +50.30% | +8.3% | |
| Q2 FY2022 | 0.10 | 0.10 | 0.00% | +100.00% | 6.82B | 6.51B | -4.54% | +68.31% | +4.0% | |
| Q1 FY2022 | 0.08 | 0.09 | +12.50% | +125.00% | 5.32B | 5.66B | +6.44% | +83.80% | -1.5% | |
| Q4 FY2021 | 0.07 | 0.08 | +14.29% | +60.00% | 4.81B | 5.00B | +3.92% | +61.13% | -7.1% | |
| Q3 FY2021 | 0.06 | 0.07 | +16.67% | +75.00% | 4.10B | 4.73B | +15.25% | +56.80% | +0.1% | |
| Q2 FY2021 | 0.05 | 0.05 | 0.00% | +66.67% | 3.49B | 3.87B | +10.66% | +49.90% | -0.1% | |
| Q1 FY2021 | 0.04 | 0.04 | 0.00% | +100.00% | 2.89B | 3.08B | +6.51% | +38.74% | +2.8% | |
| Q4 FY2020 | 0.04 | 0.05 | +25.00% | +150.00% | 2.74B | 3.11B | +13.17% | +40.82% | +7.0% | |
| Q3 FY2020 | 0.04 | 0.04 | 0.00% | -20.00% | 2.66B | 3.01B | +13.38% | -5.25% | -2.7% | |
| Q2 FY2020 | 0.03 | 0.03 | 0.00% | -40.00% | 2.39B | 2.58B | +7.83% | -17.42% | +2.0% | |
| Q1 FY2020 | 0.02 | 0.02 | 0.00% | -60.00% | 2.04B | 2.22B | +8.64% | -30.78% | -2.2% | |
| Q4 FY2019 | 0.02 | 0.02 | 0.00% | -50.00% | 2.07B | 2.21B | +6.67% | -24.25% | +1.8% | |
| Q3 FY2019 | 0.05 | 0.05 | 0.00% | +66.67% | 3.23B | 3.18B | -1.60% | +20.68% | -18.8% | |
| Q2 FY2019 | 0.05 | 0.05 | 0.00% | +66.67% | 2.85B | 3.12B | +9.60% | +40.04% | -5.1% | |
| Q1 FY2019 | 0.04 | 0.05 | +25.00% | +150.00% | 2.49B | 3.21B | +28.93% | +65.57% | -2.2% | |
| Q4 FY2018 | 0.03 | 0.04 | +33.33% | +100.00% | 1.91B | 2.91B | +52.14% | +33.96% | +6.2% | |
| Q3 FY2018 | 0.02 | 0.03 | +50.00% | +50.00% | 1.86B | 2.64B | +41.49% | +31.54% | +5.3% | |
| Q2 FY2018 | 0.02 | 0.03 | +50.00% | +200.00% | 1.70B | 2.23B | +31.43% | +56.16% | -1.4% | |
| Q1 FY2018 | 0.66 | 0.02 | -96.97% | +100.00% | 1.62B | 1.94B | +19.70% | +48.43% | +18.0% | |
| Q4 FY2017 | 0.02 | 0.02 | 0.00% | +100.00% | 1.82B | 2.17B | +19.28% | +55.10% | -2.4% | |
| Q3 FY2017 | 0.01 | 0.02 | +100.00% | +100.00% | 1.38B | 2.00B | +45.61% | +53.56% | +29.4% | |
| Q2 FY2017 | 0.01 | 0.01 | 0.00% | 0.00% | 1.32B | 1.43B | +8.11% | +23.85% | +6.0% | |
| Q1 FY2017 | 0.29 | 0.01 | -96.55% | 0.00% | 1.27B | 1.31B | +3.13% | +13.38% | +14.7% | |
| Q4 FY2016 | 0.01 | 0.01 | 0.00% | 0.00% | 1.28B | 1.40B | +9.38% | +12.03% | +8.6% | |
| Q3 FY2016 | 0.01 | 0.01 | 0.00% | 0.00% | 1.16B | 1.31B | +12.23% | +6.53% | +13.9% | |
| Q2 FY2016 | 0.10 | 0.01 | -90.00% | 0.00% | 2.31B | 1.15B | -50.00% | +4.53% | +12.4% | |
| Q1 FY2016 | 0.01 | 0.01 | 0.00% | 0.00% | 1.25B | 1.15B | -7.69% | +4.35% | -7.4% | |
| Q4 FY2015 | 0.25 | 0.01 | -96.00% | 0.00% | 1.00B | 1.25B | +25.00% | +9.29% | +7.2% | |
| Q3 FY2015 | 0.01 | 0.01 | 0.00% | -80.00% | 1.11B | 1.23B | +10.68% | +16.23% | -2.1% | |
| Q2 FY2015 | 0.20 | 0.01 | -95.00% | -75.00% | 1.00B | 1.10B | +10.00% | +12.87% | +8.8% | |
| Q1 FY2015 | 0.17 | 0.01 | -94.12% | -66.67% | 892.74M | 1.10B | +23.55% | +15.53% | +0.2% | |
| Q4 FY2014 | 0.18 | 0.01 | -94.44% | 0.00% | 858.15M | 1.14B | +33.34% | +3.37% | +3.1% | |
| Q3 FY2014 | 0.05 | 0.05 | 0.00% | +400.00% | 1.05B | 1.05B | -0.00% | -12.47% | +6.9% | |
| Q2 FY2014 | 0.03 | 0.04 | +33.33% | -33.33% | 793.98M | 977.24M | +23.08% | -6.42% | -1.4% | |
| Q1 FY2014 | 0.02 | 0.03 | +50.00% | 0.00% | 734.38M | 954.74M | +30.01% | +3.23% | +4.5% | |
| Q4 FY2013 | 0.24 | 0.01 | -95.83% | -80.00% | 948.77M | 1.11B | +16.67% | +16.13% | +2.9% | |
| Q3 FY2013 | 0.01 | 0.01 | 0.00% | -85.71% | 1.09B | 1.20B | +10.00% | +12.94% | -3.9% | |
| Q2 FY2013 | 0.10 | 0.06 | -40.00% | 0.00% | 664.55M | 1.04B | +57.14% | +2.73% | -0.6% | |
| Q1 FY2013 | 0.02 | 0.03 | +50.00% | -50.00% | 924.90M | 924.88M | -0.00% | -3.86% | -0.6% | |
| Q4 FY2012 | 0.19 | 0.05 | -73.68% | -16.67% | 953.20M | 953.19M | -0.00% | +7.54% | +1.7% | |
| Q3 FY2012 | 0.25 | 0.07 | -72.00% | +75.00% | 955.90M | 1.07B | +11.54% | +26.34% | +3.5% | |
| Q2 FY2012 | 0.06 | 0.06 | 0.00% | — | 1.02B | 1.02B | +0.00% | +25.31% | -4.0% | |
| Q1 FY2012 | 0.05 | 0.06 | +20.00% | 0.00% | 830.82M | 962.04M | +15.79% | -3.97% | -10.9% | |
| Q4 FY2011 | 0.13 | 0.06 | -53.85% | 0.00% | 616.63M | 886.38M | +43.75% | -9.78% | +9.8% | |
| Q3 FY2011 | 0.04 | 0.04 | 0.00% | -20.00% | 787.64M | 843.91M | +7.14% | -6.56% | +5.2% | |
| Q2 FY2011 | 0.03 | -0.01 | -120.67% | -131.00% | 2.97B | 811.21M | -72.73% | +4.47% | +4.8% | |
| Q1 FY2011 | 0.17 | 0.06 | -64.71% | — | 914.69M | 1.00B | +9.53% | +50.82% | -11.5% | |
| Q4 FY2010 | 0.05 | 0.06 | +20.00% | — | 854.35M | 982.49M | +15.00% | +104.20% | -6.6% | |
| Q3 FY2010 | 0.03 | 0.05 | +66.67% | 0.00% | 754.45M | 903.21M | +19.72% | +0.62% | +7.3% | |
| Q2 FY2010 | -0.02 | 0.02 | +200.00% | -33.33% | 221.86M | 776.52M | +250.01% | -13.01% | +4.5% | |
| Q1 FY2010 | -0.10 | -0.02 | +80.00% | -122.22% | 811.80M | 664.23M | -18.18% | -42.41% | -13.8% | |
| Q4 FY2009 | -0.02 | -0.04 | -100.00% | -133.33% | 240.55M | 481.14M | +100.02% | -60.00% | -12.6% | |
| Q3 FY2009 | 0.11 | 0.05 | -54.55% | -54.55% | 740.57M | 897.66M | +21.21% | -19.54% | +14.4% | |
| Q2 FY2009 | 0.03 | 0.03 | 0.00% | -66.67% | 824.01M | 892.68M | +8.33% | -4.55% | +10.7% | |
| Q1 FY2009 | 0.10 | 0.09 | -10.00% | +28.57% | 1.22B | 1.15B | -5.26% | +36.61% | +2.6% | |
| Q4 FY2008 | 0.12 | 0.12 | 0.00% | +33.33% | 1.15B | 1.20B | +4.44% | +36.85% | -16.3% | |
| Q3 FY2008 | 0.09 | 0.11 | +22.22% | +57.14% | 938.12M | 1.12B | +18.92% | +35.95% | -1.4% | |
| Q2 FY2008 | 0.24 | 0.09 | -62.50% | — | 770.25M | 935.25M | +21.42% | — | -4.6% | |
| Q1 FY2008 | 0.06 | 0.07 | +16.67% | +40.00% | 783.99M | 844.28M | +7.69% | +23.83% | +7.1% | |
| Q4 FY2007 | 0.07 | 0.09 | +28.57% | +125.00% | 703.12M | 878.87M | +25.00% | +38.71% | -1.3% | |
| Q3 FY2007 | 0.06 | 0.07 | +16.67% | +75.00% | 820.60M | 820.57M | -0.00% | +40.65% | -2.4% | |
| Q1 FY2007 | 0.14 | 0.05 | -64.29% | -16.67% | 681.80M | 681.81M | +0.00% | +16.78% | -7.5% | |
| Q4 FY2006 | 0.04 | 0.04 | 0.00% | +33.33% | 563.20M | 633.61M | +12.50% | +11.85% | +0.6% | |
| Q3 FY2006 | 0.03 | 0.04 | +33.33% | +100.00% | 500.06M | 583.42M | +16.67% | +13.15% | -3.7% | |
| Q2 FY2006 | 0.03 | 0.03 | 0.00% | +50.00% | 451.63M | 574.81M | +27.28% | +26.04% | +6.0% | |
| Q1 FY2006 | 0.02 | 0.06 | +200.00% | +200.00% | 228.44M | 583.85M | +155.58% | +23.72% | +11.1% | |
| Q4 FY2005 | 0.02 | 0.03 | +50.00% | +2,207.69% | 348.62M | 566.48M | +62.49% | +19.99% | +10.8% | |
| Q3 FY2005 | 0.03 | 0.02 | -33.33% | +6,566.67% | 193.35M | 515.59M | +166.66% | +6.07% | +14.5% | |
| Q2 FY2005 | 0.05 | 0.02 | -60.00% | +1,438.46% | 338.65M | 456.06M | +34.67% | -0.81% | -35.2% | |
| Q1 FY2005 | 0.03 | 0.02 | -33.33% | +1,900.00% | 176.96M | 471.91M | +166.67% | +16.52% | +0.8% | |
| Q4 FY2004 | 0.03 | 0.00 | -95.67% | — | 388.88M | 472.12M | +21.40% | +9.72% | +3.0% | |
| Q3 FY2004 | 0.04 | 0.00 | -99.25% | — | 388.88M | 486.07M | +24.99% | — | +19.7% | |
| Q2 FY2004 | 0.04 | 0.00 | -96.75% | +333.33% | 613.07M | 459.77M | -25.00% | +7.60% | -19.7% | |
| Q1 FY2004 | 0.04 | 0.00 | -97.50% | -72.22% | 405.00M | 404.98M | -0.00% | -18.68% | +33.1% | |
| Q4 FY2003 | 0.04 | 0.00 | -93.75% | — | 645.45M | 468.95M | -27.34% | — | +3.0% | |
| Q4 FY2003 | 0.03 | -0.00 | -108.67% | — | 645.45M | 430.30M | -33.33% | — | +22.0% | |
| Q2 FY2003 | 0.04 | 0.00 | -99.25% | -98.50% | 427.30M | 427.29M | -0.00% | +64.42% | +3.9% | |
| Q1 FY2003 | 0.04 | 0.04 | 0.00% | +100.00% | 546.47M | 582.91M | +6.67% | +141.94% | -6.1% | |
| Q1 FY2003 | 0.07 | 0.00 | -94.86% | -82.00% | 324.44M | 498.04M | +53.51% | +106.71% | +2.0% | |
| Q3 FY2002 | 0.02 | 0.02 | 0.00% | +1,011.11% | 324.44M | 364.98M | +12.49% | +84.18% | +6.9% | |
| Q2 FY2002 | 0.02 | 0.02 | 0.00% | +1,233.33% | 259.90M | 259.88M | -0.01% | +52.51% | +0.1% | |
| Q1 FY2002 | 0.02 | 0.02 | 0.00% | +1,566.67% | 240.90M | 240.93M | +0.01% | +62.26% | -0.9% | |
| Q4 FY2001 | 0.04 | 0.00 | -95.25% | +111.11% | 165.17M | 218.22M | +32.12% | +69.95% | +5.4% | |
| Q3 FY2001 | 0.05 | 0.00 | -96.40% | +125.00% | 165.17M | 198.17M | +19.98% | +104.29% | -5.4% | |
| Q2 FY2001 | 0.04 | 0.00 | -96.25% | +200.00% | 136.32M | 170.40M | +25.00% | +118.46% | -9.4% | |
| Q1 FY2001 | 0.03 | 0.00 | -96.00% | +140.00% | 111.38M | 148.48M | +33.32% | +109.08% | +17.6% | |
| Q4 FY2000 | 0.03 | 0.00 | -97.00% | — | 128.50M | 128.40M | -0.08% | — | +4.6% | |
| Q3 FY2000 | 0.02 | 0.00 | -96.00% | — | 97.00M | 97.00M | 0.00% | — | +19.7% | |
| Q2 FY2000 | 0.02 | 0.00 | -97.50% | — | 78.00M | 78.00M | 0.00% | — | +21.2% | |
| Q1 FY2000 | 0.01 | 0.00 | -95.00% | — | 35.50M | 71.02M | +100.05% | — | -4.4% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2029 | 21.38 | — | — | +35.22% | 925.21B | — | — | +33.38% |
| FY2028 | 15.81 | — | — | +70.15% | 693.67B | — | — | +69.22% |
| FY2027 | 9.29 | — | — | +94.36% | 409.93B | — | — | +89.84% |
| FY2026 | 4.69 | 4.78 | +1.83% | +59.87% | 213.66B | 215.94B | +1.07% | +65.45% |
| FY2025 | 2.95 | 2.99 | +1.29% | +130.00% | 129.43B | 130.52B | +0.84% | +114.23% |
| FY2024 | 1.24 | 1.30 | +4.90% | +282.35% | 59.31B | 60.92B | +2.72% | +125.85% |
| FY2023 | 0.33 | 0.34 | +4.02% | -22.73% | 26.95B | 26.97B | +0.08% | +0.22% |
The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.
From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.
The outlook will show whether customer spending can sustain Nvidia's growth.
On average, analysts' EPS estimate was 7.7% off the result, either way, and their revenue estimate 4.8%, over the last 12 quarters.
See also:Forecast,EPS,Income statement
Source: Financial Modeling Prep