---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38894395.md"
description: "NVDA FY4Q26 First Take: another strong print.Revenue rose QoQ by $11.1bn, largely driven by Data Center as Blackwell moved into mass production.GPM recovered to 75%. For next quarter, the company guides revenue to $78bn (+/-2%), implying another ~$10bn QoQ increase and beating raised buy-side estimates ($73-76bn).Current flagship products are B300/GB300, and with Rubin launching in 2H, management expects high growth to continue. Jensen Huang has outlined the AI outlook, targeting cumulative Blackwell + Rubin shipments of 20 mn units by end-2026 (roughly $500bn in revenue).As a result, investors are not worried about FY2027 performance. Beyond near-term results, the market is focused on NVDA's mid- to long-term competitiveness in AI chips.As large models shift focus from training to inference, customers weigh compute alongside cost-efficiency, and ASIC competitors present potential risks to NVDA GPUs' high share and margins.Under these concerns, NVDA faces strong growth yet a valuation that has been slow to re-rate.More importantly, management needs to ease investor worries and reinforce mid- to long-term confidence.For more details, follow Dolphin Research's upcoming commentary and management Trans.$NVIDIA(NVDA.US) $NVDA 2X Long ETF(NVDL.US) $Direxion Daily NVDA Bear 1X ETF(NVDD.US)"
datetime: "2026-02-25T23:24:22.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38894395.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38894395.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38894395.md)
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# NVDA FY4Q26 First Take: another strong print.Reven…


### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)

## Comments (5)

- **KUNER · 2026-02-26T02:05:13.000Z**: No matter how good it is, it's going to be dumped.
  - **爱学习的明** (2026-02-26T02:42:02.000Z): Why?
  - **Dolphin Research** (2026-02-26T03:07:39.000Z): TSMC is still reliable.
- **龙场悟道忘忧草 · 2026-02-26T01:32:22.000Z · 👍 1**: The performance is good, but the stock price is still cold.