Nvidia proves once again that it is the undisputed king of the AI era. The results for the third quarter of the 2025/2026 financial year more than exceeded analysts’ expectations. Investors were satisfied this time, as evidenced by the fact that the company’s shares increased by 4%. Jensen Huang’s corporation has become a hardwear hegemon and it seems that nothing can stop it. Even investor appetite.
Nvida hegemon? Numbers that make an impression
Nvidia’s revenues reached $57.01 billion, while the market expected “only” $54.92 billion. Earnings per share? USD 1.30 against the forecast USD 1.25. But the real highlight is the net profit – USD 31.91 billion, which means an increase of 65% year on year. For comparison, a year ago it was “only” USD 19.31 billion.
The company does not intend to slow down. Forecasts for the current quarter call for approximately $65 billion in sales, while analysts expected $61.66 billion. Nvidia raises the bar again. The only competitor in the AI industry seems to be AMD, but the results of the “red” camp (revenue in the third quarter – USD 9.25 billion) are definitely not as good as Nvidia.
Data centers – this is where real miracles happen
The biggest star of the show is the data center segment, which generated USD 51.2 billion in revenues – well above the expected USD 49.09 billion and as much as 66% more year-on-year. Of that, $43 billion comes directly from GPU sales and $8.2 billion comes from networking technologies that turn thousands of processors into one powerful supercomputer.
Jensen Huang, CEO of Nvidia, does not hide his satisfaction: sales of the latest generation of Blackwell GPUs are, according to him, “out of scale”. And CFO Colette Kress reveals that the biggest hit is already Blackwell Ultra, the second generation of these chips. Huang also addressed investor concerns with one sentence: “Cloud GPUs are sold out to zero.” End of discussion. Such a high demand for computing power is well explained by the increasing popularity of DePINs. In the era of constantly hungry AI, any computing power will be useful.
Man cannot live by AI alone
Although AI is the main growth engine, Nvidia does not forget about its roots. The gaming segment generated USD 4.3 billion in revenues (up 30% year-on-year), and the automotive and robotics area – USD 592 million (plus 32% per year). The company clearly focuses on robotics as a future direction of development.
Finally, the cherry on the cake: Nvidia bought back its own shares for USD 12.5 billion and paid USD 243 million in dividends. The giant’s clients include Microsoft, Amazon, Google, Oracle and Meta – virtually the entire technological elite. It’s no wonder that Nvidia is the most valuable listed company in the world, although some people are already predicting its spectacular fall according to the principle – the higher you go, the harder you fall.
