NVIDIA Corporation (NVDA) earnings date & stock reaction
NVDA · NVIDIA Corporation · Semiconductors
NVIDIA Corporation earnings date & time
Schedule
- Korea time (KST)
- Wed, November 18
- Reporting pattern
- 12 of last 12 after close
- Typical move
- ±5.6% · 12-report avg
What the market expects
Consensus EPS
$2.47Coming in above this counts as a beat
- Year-ago quarter
- $1.30→+90.0%
- Guided revenue
- $96.2B→$108.0B+12.2%
“This time last year, one lab alone was driving the buildout today, we have a golden age of new AI labs and startups, multiple frontier labs scaling in parallel.”
“We expect to grow revenue by approximately 70% in fiscal 2028. This is a supply-constrained outlook.”
- ▲Explosive Data Center Growth
- Data Center revenue hit $89.0 billion, up 117% vs last year.
- ACIE segment revenue reached $40 billion, growing 138% vs last year.
- ▲Strong AI Demand and Outlook
- Fiscal 2028 revenue is expected to grow by approximately 70%.
- AI infrastructure demand is accelerating, keeping the company supply-constrained.
- ▲Enhanced Shareholder Returns
- Returned approximately $26 billion to shareholders via buybacks and dividends in Q2.
- Year-to-date, the company has returned 60% of free cash flow to shareholders.
- ▼Margin Pressure from Memory Costs
- Due to surging memory prices, Q3 gross margin guidance was lowered to 74%.
- Gross margins are expected to bottom at 71-72% in Q4.
- ▼Rising OpEx and Receivables
- Operating expenses increased 10% sequentially, reflecting higher infrastructure costs.
- Days sales outstanding (DSO) rose to 60 days, indicating extended payment terms.
- ▼Significant Inventory Buildup
- Inventory levels rose to $32 billion as the company prepares for the Vera Rubin launch.
NVIDIA Corporation (NVDA) rose the day after earnings in 5 of its last 12 reports (42%), moving ±5.6% on average. It has fallen despite beating the consensus estimate 7 times.
Even when EPS beat expectations, the stock fell 7 of the last 12 times. The number alone doesn't move it.
When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.
The real bar for this stock
Beating estimates isn't enough. Here's where the real surprise started.
The company's own next-quarter revenue guidance (from its 8-K release) vs what it actually reported: delivered 11 of 11 times, averaging +6% above the guide.
- Jul 2026 qtrguided $91.00Bactual $96.22Bhit
- Apr 2026 qtrguided $78.00Bactual $81.61Bhit
- Jan 2026 qtrguided $65.00Bactual $68.13Bhit
- Oct 2025 qtrguided $54.00Bactual $57.01Bhit
- Jul 2025 qtrguided $45.00Bactual $46.74Bhit
- Apr 2025 qtrguided $43.00Bactual $44.06Bhit
- Jan 2025 qtrguided $37.50Bactual $39.33Bhit
- Oct 2024 qtrguided $32.50Bactual $35.08Bhit
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
7/12 beats fell next day · watches Data-center revenue · guidance · margin
- Jul 2026 report+8.7%
- Apr 2026 report-1.8%
- Jan 2026 report-5.5%
- Oct 2025 report-3.1%
- Jul 2025 report-0.8%
- Apr 2025 report+3.3%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 7/2026 | 2026-08-26 | +6.2% | +8.7% | +7.0% |
| 4/2026 | 2026-05-20 | +5.5% | -1.8% | -4.1% |
| 1/2026 | 2026-02-25 | +5.3% | -5.5% | -6.4% |
| 10/2025 | 2025-11-19 | +3.5% | -3.1% | -3.4% |
| 7/2025 | 2025-08-27 | +4.1% | -0.8% | -5.5% |
| 4/2025 | 2025-05-28 | +8.0% | +3.3% | +5.3% |
12 reports, quarters ending 10/2023 to 7/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next NVIDIA Corporation earnings date?
The next NVIDIA Corporation (NVDA) earnings report is expected Tue, November 17 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.
What is the consensus EPS forecast for NVIDIA Corporation's next earnings?
Analysts expect EPS of about $2.47 for NVIDIA Corporation (NVDA). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.
Does NVIDIA Corporation (NVDA) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 5 of them (42%). The average move on earnings day was ±5.6%.
Does NVIDIA Corporation react more to the earnings numbers or to guidance?
In 7 of the last 12 reports (58%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can NVIDIA Corporation stock fall even when earnings are good?
Yes. In 7 of the last 12 reports, NVIDIA Corporation fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does NVIDIA Corporation stock keep moving after the earnings day?
Over the last 12 reports, the move continued in the same direction for the following five trading days 75% of the time. This tendency is known as post-earnings announcement drift.