NVIDIA Reports Record $57 Billion Revenue in Q3, Driven by AI Demand

NVIDIA Corporation has reported a record-breaking third quarter for fiscal year 2026, with revenues reaching $57.006 billion—a 62% increase year-over-year and a 22% rise from the previous quarter. The company's net income soared to $31.91 billion, with a gross margin of 73.4%.

The Data Center segment was the primary driver of this exceptional performance, generating $51.215 billion in revenue, accounting for nearly 90% of the total. This surge was fueled by the widespread adoption of NVIDIA's Blackwell and Blackwell Ultra platforms, as well as increased demand for AI compute power.

In the Gaming segment, revenue reached $4.265 billion, up 30% from the previous year. Professional Visualization achieved a record $760 million in revenue, marking a 56% year-over-year increase. The Automotive segment also grew to $592 million, driven by the adoption of the DRIVE AGX Hyperion platform.

CEO Jensen Huang emphasized the soaring demand for both cloud GPUs and AI compute power, stating that compute needs for training and inference are growing exponentially.

Looking ahead, NVIDIA projects Q4 revenue to reach $65 billion, with expectations that the Blackwell and upcoming Rubin GPU platforms could generate $0.5 trillion in sales by the end of 2026.

NVIDIA's exceptional performance underscores its central role in the rapidly expanding AI economy. However, some analysts express caution regarding the sustainability of such rapid growth, citing concerns about potential over-investment in AI infrastructure and NVIDIA's increased dependency on a few large clients.

This quarter's results mark a continuation of NVIDIA's impressive growth trajectory. In the previous quarter (Q2 FY2026), the company reported revenue of $46.743 billion, indicating a 22% sequential increase.

NVIDIA's record-breaking quarter not only highlights its strategic foresight in AI and data center technologies but also raises important questions about the future trajectory of the AI industry and its broader economic and societal impacts.