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Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.
Net income for the quarter ended Oct. 26 leapt 59 percent year-on-year to USD31.77 billion, with earnings per diluted share rising 60 percent to USD1.30. The blockbuster results beat Wall Street expectations, helping the stock climb 2.9 percent, even after its strong recent gains.
“Blackwell sales are off the charts, and cloud GPUs are sold out,” co-founder, President and Chief Executive Officer Jensen Huang said, adding that compute demand continues to “accelerate and compound” across both training and inference workloads.
Huang described the company as firmly in the “virtuous cycle of AI,” with new model makers, startups, industries and countries racing to adopt Nvidia-powered platforms. “AI is going everywhere, doing everything, all at once,” he said.
The company has also been returning sizable sums to investors. Over the first nine months of fiscal 2026, Nvidia handed back USD37.0 billion through share repurchases and dividends. It still has USD62.2 billion left under its repurchase authorization. The next quarterly dividend of USD0.01 per share will be paid Dec. 26, 2025, to shareholders of record on Dec. 4.
Looking ahead, Nvidia forecasts fourth-quarter revenue of USD65.0 billion, plus or minus 2 percent, signaling continued momentum as hyperscalers, enterprises and governments pour capital into AI infrastructure.
With supply still tight, demand still rising, and its Blackwell platform selling at a blistering pace, Nvidia’s latest results underscore why investors see the chipmaker as the central engine of the global AI boom.
