Nvidia Earnings Report Expected After Market Close Wednesday

Nvidia is scheduled to release its quarterly earnings after the market closes on Wednesday. 8 billion, nearly 80 percent higher than the same quarter a year earlier. 77, almost double the figure from the prior year. Nvidia has exceeded Wall Street estimates in 21 of the last 23 quarters, according to data from The Motley Fool.

The company’s February earnings report showed a 7 percent beat on earnings per share, yet the stock fell 6 percent that day and was down 11 percent a month later, according to 24/7 Wall St.

Investors are expected to focus on gross margin rather than headline revenue. Gross margin measures the percentage of each sales dollar retained after production costs. Nvidia has guided to a non-GAAP gross margin of about 75 percent, plus or minus half a percentage point, for the current quarter.

5 percent. 5 percent would be the single most bearish data point in the report regardless of headline revenue.

Several factors could affect the margin outcome.

Pricing pressure may arise as customers including Microsoft, Meta, Google, and Amazon develop in-house alternatives. Microsoft unveiled its Maia 200 chip in January and is deploying it inside Azure data centers. Amazon released its Trainium3 chip in late 2025 and claims customers can save 30 percent to 40 percent versus Nvidia chips, according to AWS executive Dave Brown.

Higher manufacturing costs for the Blackwell architecture, which accounted for roughly 70 percent of Nvidia’s data center compute revenue last quarter, could also reduce margins. A shift toward lower-margin products such as gaming cards would further lower the average.