NVIDIA Corporation ( NVDA ) Q3 2026 Earnings Call November 19, 2025 5:00 PM EST Company Participants Toshiya Hari - Vice President of Investor Relations & Strategic Finance Colette Kress - Executive VP & CFO Jen-Hsun Huang - Co-Founder, CEO, President & Director Conference Call Participants Joseph Moore - Morgan Stanley, Research Division Christopher Muse - Cantor Fitzgerald & Co., Research Division Vivek Arya - BofA Securities, Research Division Benjamin Reitzes - Melius Research LLC James Schneider - Goldman Sachs Group, Inc., Research Division Timothy Arcuri - UBS Investment Bank, Research Division Stacy Rasgon - Sanford C. Bernstein & Co., LLC.
Nvidia's Q3 earnings beat expectations, driven by strong data center and AI demand. New partnerships with OpenAI, Uber, and xAI underscore Nvidia's leadership in AI.
Nvidia CEO Jensen Huang says he does not see an AI bubble, but rather a tipping point.
Asian markets were trading higher early Thursday, led by chip and technology shares.
During Nvidia's third-quarter earnings presentation on Thursday (Nov. 19), CEO Jensen Huang pushed back on the idea that artificial intelligence (AI) spending is overheated. “There's been a lot of talk about an AI bubble.
Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.
In recent weeks, ahead of Nvidia's third-quarter earnings report, investors have debated whether an AI bubble has been forming. Nvidia CEO Jensen Huang rejected that premise on Wednesday's earnings call with analysts.
Stocks snapped a four-day skid, but hopes for a December rate cut are dimming.
Non-GAAP gross margins for NVIDIA reached an astounding +73.6%, with an outperformance in its Blackwell chips that not all analysts expected.
Nvidia said in its quarterly financial filing that there's no guarantee that the company will finalize an agreement with OpenAI. In September, the two companies announced a massive partnership that would include a $100 billion investment over time by Nvidia into OpenAI.
The headline numbers for Nvidia (NVDA) give insight into how the company performed in the quarter ended October 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Nvidia (NVDA) came out with quarterly earnings of $1.3 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $0.81 per share a year ago.