Top Reasons to Invest in Nvidia Stock This March

Avatar photo

Nvidia Reports $215.9 Billion in Fiscal 2026 Revenue

Nvidia (NASDAQ: NVDA) announced a staggering $215.9 billion in revenue for fiscal 2026, a significant jump from $27 billion in fiscal 2023, driven largely by a 1,200% increase in data center revenue, which rose from $15 billion to $193.7 billion during the same period. This significant growth reflects the company’s successful positioning in the artificial intelligence sector.

In fiscal 2026, Nvidia achieved gross margins of 71%, operating margins of 60.6%, and net profit margins of 55.6%, resulting in a net income of $120.1 billion. Additionally, the company repurchased $40.1 billion worth of its stock in the same fiscal year, continuing a trend of increasing buybacks aimed at driving earnings-per-share growth.

Nvidia’s stock trades at a multiple of 39.9 times its fiscal 2026 earnings, positioning it as more attractive than the S&P 500, which trades at 29.9 times earnings, particularly when considering future growth potential and high margins.

The free Daily Market Overview 250k traders and investors are reading

Read Now