Earnings call briefFiscal second-quarter 2027
NVIDIA says gross margin will bottom at 71% to 72% in fiscal fourth quarter
NVIDIA said its preliminary view is that fiscal 2028 revenue will grow approximately 70%, with supply expected to remain a bottleneck at least through fiscal 2028.
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On its fiscal second-quarter call, NVIDIA said it expects gross margin to bottom at 71% to 72% in the fiscal fourth quarter, then settle at 72% to 73% in fiscal 2028 as executed price increases take effect in the first quarter.
Executive Vice President and Chief Financial Officer Colette Kress said the memory price increase is larger than the company had previously anticipated and is headed even higher into next year.
Quotes from the call
“We expect margins to bottom in Q4 in the 71% to 72% range before settling at 72% to 73% in fiscal year '28, as executed price increases take effect in Q1.”
Key facts from the call
- Expected fiscal fourth-quarter gross margin, as NVIDIA said
- 71% to 72%
- Expected fiscal 2028 gross margin, as NVIDIA said
- 72% to 73%
- Expected fiscal 2028 revenue growth, preliminary, as NVIDIA said
- Approximately 70%
Source: NVIDIA's fiscal second-quarter 2027 earnings call, August 26, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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