Free · no account · quoted from the filing

What changed in NVDA's 10-Q

Source: 10-Q filed 2026-08-26 · compared against 10-Q 2026-05-20. Every passage below is quoted verbatim from the filing itself.

Revenue verified

Prior filing

Revenue was $81.6 billion, up 85% from a year ago and up 20% sequentially.

This filing

Revenue was $96.2 billion, up 106% from a year ago and up 18% sequentially.

Segments verified

Prior filing

driven by the ramp of our Blackwell 300 products

This filing

driven by the ramp of our Blackwell Ultra infrastructure.

Supply Commitments

This filing

We have significantly increased our supply and capacity commitments from $119 billion last quarter to $279 billion as of July 26, 2026

Product Roadmap verified

Prior filing

We expect our Rubin platform to start shipping in the second half of fiscal year 2027.

This filing

Our next-generation Data Center architecture, Vera Rubin, began production shipments in the third quarter of fiscal year 2027.

Margins verified

Prior filing

Gross margin was approximately flat sequentially as our Blackwell architecture remains the majority of our revenue.

This filing

Gross margin increased from a year ago on improved mix from Blackwell Ultra.

Infrastructure Risk verified

Prior filing

The availability of data centers, energy, and capital to support the buildout of NVIDIA AI infrastructure

This filing

The availability of land, power, shell, and capital is crucial to support the buildout of a full data center

Liquidity verified

Prior filing

Long-term debt 7,470 7,469

This filing

Long-term debt 32,366 7,469

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings. Every quotation shown was checked character-for-character against the filing it is attributed to. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.