Nvidia CEO Jensen Huang speaks at the 2026 CES event in Las Vegas on January 6, 2026.
Bridget Bennett Bloomberg | Getty Images
Nvidia is scheduled to announce its fourth quarter results after the close of regular trading on Wednesday.
Here’s what Wall Street is expecting, according to LSEG’s consensus estimates:
EPS: Adjusted $1.53 Revenue: $66.2 billion
Analysts expect sales to rise 68% from $39.3 billion a year ago. This marks the 11th consecutive quarter of growth of more than 55% for the company, which has been one of the biggest beneficiaries of the artificial intelligence boom.
That streak is likely to continue for a while longer, as analysts predict growth of $72.6 billion, a 65% increase in the quarter ending in April, according to LSEG.
Wall Street got a good preview of what’s in store for the four major hyperscalers in the coming quarters. alphabet, Amazon, meta and microsoft — We reported our quarterly results a few weeks ago. Based on capital spending forecasts and analyst forecasts, total capital spending could approach $700 billion this year as tech giants build out their AI infrastructure.
Most of that goes directly to Nvidia, which dominates the AI chip market. The company sells expensive graphics processing units to the biggest tech companies as well as acclaimed AI startups OpenAI and Anthropic.
Nvidia, which made its name by providing graphics cards used in video games, now derives about 90% of its revenue from data center hardware. The company’s data center business is expected to post growth of $60.7 billion, up 70%, according to StreetAccount.
One potential concern for investors is soaring memory prices, which are facing global shortages due to surging demand. micron Business chief Sumit Sadhana told CNBC in January that demand “far exceeds the ability to supply memory.”
For Nvidia, memory is a critical component of its AI systems, and analysts will be keeping a close eye on the company’s gross margins and whether it’s able to pass those costs on to customers.
In its last earnings call in November, Nvidia said gross profit margin for the current quarter would be about 75%, up from about 73.5% in the third quarter.
Cantor analysts expect NVIDIA’s margins to be slightly higher, writing in a report last week that “this is clearly an area of focus for investors as rack scale growth continues and memory prices rise.” Analysts recommending the stock buy said management could minimize the impact through “close and early cooperation in the supply chain.”
Nvidia executives are scheduled to update analysts on an earnings call at 5 p.m. ET.
WATCH: A first look at Nvidia’s next AI system, Vera Rubin
